Basecampvan Ltd - Filleted accounts

Basecampvan Ltd
Registered number:		06183147
Statement of Financial Position
as at 31 May 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		11,590			15,293

Current assets
Debtors	4	11,087			2,710
Cash at bank and in hand		12,068			37,495
		23,155			40,205

Creditors: amounts falling due within one year	5	(4,647)			(4,253)

Net current assets			18,508			35,952

Total assets less current liabilities			30,098			51,245


Provisions for liabilities			(2,202)			(2,906)


Net assets			27,896			48,339

Capital and reserves
Called up share capital			100			100
Profit and loss account			27,796			48,239

Shareholder's funds			27,896			48,339

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




S Valintine
Director
Approved by the board on 23 September 2025

Basecampvan Ltd
Notes to the Accounts
for the year ended 31 May 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1a small entities, the financial reporting standard applicable in the UK and the Republic of Ireland.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	25% reducing balance
	Motor vehicles	25% reducing balance

	Debtors
	Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.



2	Employees and directors			2025		2024
Number					Number

	Average number of directors and persons employed by the company			1		1


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 June 2024	7,421		26,267		33,688
	Additions	161		-		161
	At 31 May 2025	7,582		26,267		33,849

	Depreciation
	At 1 June 2024	2,392		16,003		18,395
	Charge for the year	1,298		2,566		3,864
	At 31 May 2025	3,690		18,569		22,259

	Net book value
	At 31 May 2025	3,892		7,698		11,590
	At 31 May 2024	5,029		10,264		15,293




4	Debtors			2025		2024
£					£

	Trade debtors			4,320		-
	Other debtors			6,767		2,710
				11,087		2,710


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			-		498
	Accruals			1,434		1,374
	Corporation tax			1,538		2,348
	Other creditors			1,675		33
				4,647		4,253


6	Other information

	Basecampvan Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	15 Paddock Court
	Hartley Wintney
	Hampshire
	RG27 8LL