Company Registration No. 11616369 (England and Wales)
OLDBASING LTD
Unaudited accounts
for the year ended 31 October 2025
OLDBASING LTD
Unaudited accounts
Contents
OLDBASING LTD
Company Information
for the year ended 31 October 2025
Company Number
11616369 (England and Wales)
Registered Office
Daniel Consultancy, Morritt House 54-60
South Ruislip
Ruislip
Middlesex
HA4 6SA
United Kingdom
Accountants
Daniel Consultancy
Morritt House
54-60 Station Approach
South Ruislip
Ruislip
HA4 6SA
OLDBASING LTD
Statement of financial position
as at 31 October 2025
Tangible assets
6,458
8,072
Cash at bank and in hand
127
149
Creditors: amounts falling due within one year
(43,686)
(24,435)
Net current assets
28,594
32,657
Total assets less current liabilities
35,052
40,729
Creditors: amounts falling due after more than one year
(33,439)
(36,277)
Called up share capital
100
100
Profit and loss account
1,513
4,352
Shareholders' funds
1,613
4,452
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 July 2026 and were signed on its behalf by
Niranjan Rajah
Director
Company Registration No. 11616369
OLDBASING LTD
Notes to the Accounts
for the year ended 31 October 2025
OLDBASING LTD is a private company, limited by shares, registered in England and Wales, registration number 11616369. The registered office is Daniel Consultancy, Morritt House 54-60 , South Ruislip, Ruislip, Middlesex, HA4 6SA, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 October 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 November 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% RB
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
OLDBASING LTD
Notes to the Accounts
for the year ended 31 October 2025
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 November 2024
20,728
400
21,128
At 31 October 2025
20,728
400
21,128
At 1 November 2024
12,803
253
13,056
Charge for the year
1,585
29
1,614
At 31 October 2025
14,388
282
14,670
At 31 October 2025
6,340
118
6,458
At 31 October 2024
7,925
147
8,072
Amounts falling due within one year
Other debtors
59,450
44,119
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
2,925
7,802
Taxes and social security
10,959
6,099
Other creditors
21,044
1,191
Loans from directors
-
3,866
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
5,862
9,268
8
Transactions with related parties
At the reporting date Joy Niranjan & Co Ltd owed the company £52,519 (2024 - £44,119)
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).