REGISTERED NUMBER: 08988433 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

BASE DEVELOPMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

T J Blank

REGISTERED OFFICE:

4-6 Spicer Street

St Albans

Hertfordshire

AL3 4PQ

REGISTERED NUMBER:

08988433 (England and Wales)

ACCOUNTANTS:

Lovetts Accountants Limited

Devonshire Business Centre

Works Road

Letchworth

Hertfordshire

SG6 1GJ

FIXED ASSETS

Tangible assets

4

19,510

27,506

CURRENT ASSETS

Stocks

864,404

1,142,273

Debtors

5

2,660

144,285

Cash at bank

481,205

2,180

1,348,269

1,288,738

CREDITORS

Amounts falling due within one year

6

721,562

698,159

NET CURRENT ASSETS

626,707

590,579

TOTAL ASSETS LESS CURRENT LIABILITIES

646,217

618,085

PROVISIONS FOR LIABILITIES

4,878

6,877

NET ASSETS

641,339

611,208

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

641,329

611,198

SHAREHOLDERS' FUNDS

641,339

611,208

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

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

The director acknowledges his 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.

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 director and authorised for issue on 24 July 2026 and were signed by:

T J Blank - Director

1.	STATUTORY INFORMATION

Base Developments 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

20% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Work in progress is valued at the lower of cost and net realizable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 November 2024

and 31 October 2025

35,746

2,000

5,200

486

43,432

DEPRECIATION

At 1 November 2024

11,799

2,000

1,827

300

15,926

Charge for year

7,149

-

750

97

7,996

At 31 October 2025

18,948

2,000

2,577

397

23,922

NET BOOK VALUE

At 31 October 2025

16,798

-

2,623

89

19,510

At 31 October 2024

23,947

-

3,373

186

27,506

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

-

98,327

Other debtors

2,660

45,958

2,660

144,285

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Taxation and social security

13,809

13,617

Other creditors

707,753

684,542

721,562

698,159

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is T J Blank.