1 April 2024 v2025.83.1 limited_company_frs_102_section_1a_v1_1_3 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP112540242024-04-012025-03-31112540242025-03-31112540242024-03-3111254024core:WithinOneYear2025-03-3111254024core:WithinOneYear2024-03-3111254024core:AfterOneYear2025-03-3111254024core:AfterOneYear2024-03-3111254024core:ShareCapital2025-03-3111254024core:ShareCapital2024-03-3111254024core:OtherReservesSubtotal2025-03-3111254024core:OtherReservesSubtotal2024-03-3111254024core:RetainedEarningsAccumulatedLosses2025-03-3111254024core:RetainedEarningsAccumulatedLosses2024-03-3111254024bus:Director12024-04-012025-03-3111254024bus:RegisteredOffice2024-04-012025-03-31112540242023-04-012024-03-3111254024core:LandBuildings2025-03-3111254024core:LandBuildings2024-03-311125402412024-04-012025-03-3111254024countries:EnglandWales2024-04-012025-03-3111254024bus:AuditExempt-NoAccountantsReport2024-04-012025-03-3111254024bus:PrivateLimitedCompanyLtd2024-04-012025-03-3111254024bus:SmallEntities2024-04-012025-03-3111254024bus:FullAccounts2024-04-012025-03-31
Company registration number:
11254024
BASE MNS LIMITED
Unaudited Filleted Financial Statements for the year ended
31 March 2025
BASE MNS LIMITED
Statement of Financial Position
31 March 2025
20252024
Note££
Fixed assets    
Tangible assets 5
578,336
 
578,336
 
Current assets    
Debtors 6
49,763
 
20,808
 
Cash at bank and in hand
3,285
 
32,051
 
53,048
 
52,859
 
Creditors: amounts falling due within one year 7
(199,808
 )
(188,996
 )
Net current liabilities
(146,760
 )
(136,137
 )
Total assets less current liabilities 431,576   442,199  
Creditors: amounts falling due after more than one year 8
(375,159
 )
(375,159
 )
Provisions for liabilities
(15,898
 )
(15,898
 )
Net assets
40,519
 
51,142
 
Capital and reserves    
Called up share capital
100
 
100
 
Other reserves
59,117
 
59,117
 
Profit and loss account
(18,698
 )
(8,075
 )
Shareholders funds
40,519
 
51,142
 
For the year ending
31 March 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
22 December 2025
, and are signed on behalf of the board by:
M Schlesinger
Director
Company registration number:
11254024
BASE MNS LIMITED
Notes to the Financial Statements
Year ended
31 March 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
86 Hillside Road
,
London
,
N15 6NB
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Going concern

The financial statements have been prepared in accordance with the accounting principals appropriate to a going concern.

Turnover

The turnover of the company is derived wholly from its properties held for investment purposes as presented on the Profit and Loss.

Investment properties

Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Deferred tax

Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

4 Average number of employees

The average number of persons employed by the company during the year was
3
(2024:
1.00
).

5 Tangible assets

Land and buildings
£
Cost  
At
1 April 2024
and
31 March 2025
578,336
 
Depreciation  
At
1 April 2024
and
31 March 2025
 -  
Carrying amount  
At
31 March 2025
578,336
 
At 31 March 2024
578,336
 

Investment property

Included in land and buildings are the following amounts in relation to investment properties:
2025
£
Carrying value at
1 April 2024
and
31 March 2025
578,336
 
Historical cost of properties: £494,675 (2024:£494,675)

6 Debtors

20252024
££
Other debtors
49,763
 
20,808
 

7 Creditors: amounts falling due within one year

20252024
££
Other creditors
199,808
 
188,996
 

8 Creditors: amounts falling due after more than one year

20252024
££
Bank loans and overdrafts
375,159
 
375,159