Base Camp Holdings Limited - Filleted accounts

Base Camp Holdings Limited
Registered number:		SC520000
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Investments	3		1,909,500			1,909,500

Current assets
Debtors	4	1,717,551			1,894,079
Cash at bank and in hand		17,807			22,560
		1,735,358			1,916,639

Creditors: amounts falling due within one year	5	(520,821)			(796,439)

Net current assets			1,214,537			1,120,200

Net assets			3,124,037			3,029,700

Capital and reserves
Called up share capital			1,000			1,000
Profit and loss account			3,123,037			3,028,700

Shareholders' funds			3,124,037			3,029,700

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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 and delivered 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.




Dr R McKelvey
Director
Approved by the board on 2 October 2025

Base Camp Holdings Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and 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 sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Investments
	Investments in unquoted equity instruments are measured at fair value. Changes in fair value are recognised in profit or loss. Fair value is estimated by using a valuation technique.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice 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 (which is usually the invoice 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 (ie liabilities of uncertain timing or amount) 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.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		2		2


3	Investments
Investments in
subsidiary
undertakings
£
	Cost
	At 1 April 2024				1,909,500

	At 31 March 2025				1,909,500


4	Debtors		2025		2024
£				£

	Amounts owed by group undertakings and undertakings in which the company has a participating interest		1,717,551		1,894,069
	Other debtors		-		10
			1,717,551		1,894,079


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

	Amounts owed to group undertakings and undertakings in which the company has a participating interest		-		150
	Other creditors		520,821		796,289
			520,821		796,439


6	Related party transactions

	As at the balance sheet date there was an amount due from the immediate subsidiary company, Farnell Estates Limited, in the sum of £1,888,064 (2024: £1,888,064). The loan interest-free, unsecured and repayable on demand.
	As at the balance sheet date there was an amount due from its subsidiary company, Beam Absolute Limited, in the sum of £14,850 (2024 (due to): £150). The loan interest-free, unsecured and repayable on demand.
	As at the balance sheet date there was an amount due from its subsidiary company, Nub Developments Limited, in the sum of £7,106 (2024: £6,006). The loan interest-free, unsecured and repayable on demand.
	As at the balance sheet date there was an amount due to the directors of £793,553 (2024: £793,553). The loan is unsecured, interest free and repayable on demand.


7	Controlling party

	The directors are of the opinion that there is no controlling party.


8	Other information

	Base Camp Holdings Limited is a private company limited by shares and incorporated in Scotland. Its registered office is:
	4 Valentine Court
	Dundee Business Park
	Dundee
	Angus
	DD2 3QB