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REGISTERED NUMBER: 08914922 (England and Wales)

| BASSETTCO LIMITED |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 AUGUST 2025 |

BASSETTCO LIMITED (REGISTERED NUMBER: 08914922)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

| Page |

Company Information | 1 |

Statement of Financial Position | 2 |  | to |  | 3

Notes to the Financial Statements | 4 |  | to |  | 6

BASSETTCO LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 AUGUST 2025

| DIRECTORS: | C F Burt

| S M Burt

| REGISTERED OFFICE: | Tritton House

| Tritton Road

| Dixon Street

| Lincoln

| Lincolnshire

| LN6 7BN

| REGISTERED NUMBER: | 08914922 (England and Wales)

| ACCOUNTANTS: | Duncan & Toplis Limited

| 4 Henley Way

| Doddington Road

| Lincoln

| Lincolnshire

| LN6 3QR

BASSETTCO LIMITED (REGISTERED NUMBER: 08914922)

STATEMENT OF FINANCIAL POSITION

31 AUGUST 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investments | 4 | 1,900,001 |  | 1,900,001 |  |

Investment property | 5 | 1,985,269 |  | 1,485,465 |  |

3,885,270 |  | 3,385,466 |  |

CURRENT ASSETS

Debtors | 6 | 2,904,956 |  | 2,922,408 |  |

Cash at bank | 101,127 |  | 346,378 |  |

3,006,083 |  | 3,268,786 |  |

CREDITORS

Amounts falling due within one year | 7 | 212,143 |  | 258,530 |  |

NET CURRENT ASSETS | 2,793,940 |  | 3,010,256 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 6,679,210 |  | 6,395,722 |  |

PROVISIONS FOR LIABILITIES | 22,768 |  | 18,559 |  |

NET ASSETS | 6,656,442 |  | 6,377,163 |  |

CAPITAL AND RESERVES

Called up share capital | 8 | 68,825 |  | 68,825 |  |

Fair value reserve | 97,064 |  | 97,064 |  |

Merger reserves | 1,831,175 |  | 1,831,175 |  |

Retained earnings | 4,659,378 |  | 4,380,099 |  |

SHAREHOLDERS' FUNDS | 6,656,442 |  | 6,377,163 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

BASSETTCO LIMITED (REGISTERED NUMBER: 08914922)

STATEMENT OF FINANCIAL POSITION - continued

31 AUGUST 2025

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 10 February 2026 and were signed on its behalf by:

C F Burt - Director

BASSETTCO LIMITED (REGISTERED NUMBER: 08914922)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

1. | STATUTORY INFORMATION

| Bassettco Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| The presentation currency of the financial statements is the Pound Sterling (£).

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Rental income is included as the company's right to receive payment is established.

| Investment property

| Investment property is show at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the income statement.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| 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.

| Investment in subsidiary undertakings

| Investment in subsidiary undertakings are initially recognised at cost. Any gains or losses arising from revaluations are transferred to reserves.

| Interest receivable

| Interest income is recognised using the effective interest method.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2024 - 2 ) .

BASSETTCO LIMITED (REGISTERED NUMBER: 08914922)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2025

4. | FIXED ASSET INVESTMENTS

| Other

| investments

£ |

| COST

| At 1 September 2024

| and 31 August 2025 | 1,900,001 |  |

| NET BOOK VALUE

| At 31 August 2025 | 1,900,001 |  |

| At 31 August 2024 | 1,900,001 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 September 2024 | 1,485,465 |  |

| Additions | 499,804 |  |

| At 31 August 2025 | 1,985,269 |  |

| NET BOOK VALUE

| At 31 August 2025 | 1,985,269 |  |

| At 31 August 2024 | 1,485,465 |  |

| Investment properties are measured at fair value at each reporting date with changes in fair value recognised in profit or loss. No professional valuation has been obtained.

6. | DEBTORS

2025 | 2024 |

£ | £ |

| Amounts falling due within one year:

| Other debtors | 9,902 |  | 27,354 |  |

| Amounts falling due after more than one year:

| Amounts owed by group undertakings | 2,895,054 |  | 2,895,054 |  |

| Aggregate amounts | 2,904,956 |  | 2,922,408 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | - |  | 52 |  |

| Amounts owed to group undertakings | 198,603 |  | 248,979 |  |

| Taxation and social security | 2,752 |  | - |  |

| Other creditors | 10,788 |  | 9,499 |  |

212,143 |  | 258,530 |  |

BASSETTCO LIMITED (REGISTERED NUMBER: 08914922)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2025

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 68,825 | Ordinary | £1 | 68,825 |  | 68,825 |  |