Bassett Wood Co. Limited 01245879 true 2025-01-01 2025-12-31 2025-12-31 The principal activity of the company is Dormant Company Digita Accounts Production Advanced 6.30.9574.0 true Mr P M Barnes Deceased Mr J W Barnes 01245879 2025-01-01 2025-12-31 01245879 2025-12-31 01245879 core:RetainedEarningsAccumulatedLosses 2025-12-31 01245879 core:ShareCapital 2025-12-31 01245879 core:CurrentFinancialInstruments 2025-12-31 01245879 core:FurnitureFittingsToolsEquipment 2025-12-31 01245879 core:LandBuildings 2025-12-31 01245879 bus:FRS102 2025-01-01 2025-12-31 01245879 bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 01245879 bus:FullAccounts 2025-01-01 2025-12-31 01245879 bus:RegisteredOffice 2025-01-01 2025-12-31 01245879 bus:Director1 2025-01-01 2025-12-31 01245879 bus:Director2 2025-01-01 2025-12-31 01245879 bus:EntityNoLongerTradingButTradedInPast 2025-01-01 2025-12-31 01245879 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 01245879 core:LandBuildings 2025-01-01 2025-12-31 01245879 core:PlantMachinery 2025-01-01 2025-12-31 01245879 countries:EnglandWales 2025-01-01 2025-12-31 01245879 2024-12-31 01245879 core:FurnitureFittingsToolsEquipment 2024-12-31 01245879 core:LandBuildings 2024-12-31 01245879 2024-12-31 01245879 core:RetainedEarningsAccumulatedLosses 2024-12-31 01245879 core:ShareCapital 2024-12-31 01245879 core:CurrentFinancialInstruments 2024-12-31 01245879 core:FurnitureFittingsToolsEquipment 2024-12-31 01245879 core:LandBuildings 2024-12-31 iso4217:GBP

Registration number: 01245879

Bassett Wood Co. Limited
trading as The Bassett Wood Co. Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 31 December 2025

Bassett Wood Co. Limited
trading as The Bassett Wood Co. Limited

Profit and Loss Account for the Year Ended 31 December 2025

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

Bassett Wood Co. Limited
trading as The Bassett Wood Co. Limited

(Registration number: 01245879)
Balance Sheet as at 31 December 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 3 | 113,939 | 113,939
Current assets |  |  |
Debtors | 4 | 80,785 | 80,785
Net assets |  | 194,724 | 194,724
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | 194,624 | 194,624
Shareholders' funds |  | 194,724 | 194,724

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 4 February 2026 and signed on its behalf by:

Mr J W Barnes Director |  |

Bassett Wood Co. Limited
trading as The Bassett Wood Co. Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
The Sawmills Vastern Wharf
Royal Wootton Bassett
Swindon
Wiltshire
SN4 7PD

These financial statements were authorised for issue by the Board on 4 February 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional and presentational currency of the company, and rounded to the nearest £.

Tangible assets

Tangible assets are stated in the Balance Sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Bassett Wood Co. Limited
trading as The Bassett Wood Co. Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Land and buildings | 2% straight line
Plant and machinery | 20% reducing balance

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 January 2025 | 113,491 | 18,575 | 132,066
At 31 December 2025 | 113,491 | 18,575 | 132,066
Depreciation
At 1 January 2025 | 2,269 | 15,858 | 18,127
At 31 December 2025 | 2,269 | 15,858 | 18,127
Carrying amount
At 31 December 2025 | 111,222 | 2,717 | 113,939
At 31 December 2024 | 111,222 | 2,717 | 113,939

Included within the net book value of land and buildings above is £111,222 (2024 - £111,222) in respect of freehold land and buildings.

Bassett Wood Co. Limited
trading as The Bassett Wood Co. Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4 | Debtors

Current | 2025 £ | 2024 £
Amounts owed by related parties | 80,785 | 80,785