REGISTERED NUMBER: 04394691 (England and Wales)

Basement Multimedia Limited

Unaudited Financial Statements For The Year Ended 30 June 2025

Page

Balance Sheet

1

FIXED ASSETS

32,165

15,674

CURRENT ASSETS

5,034

40,737

CREDITORS

Amounts falling due within one year

(34,862

)

(51,723

)

NET CURRENT LIABILITIES

(29,828

)

(10,986

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,337

4,688

CREDITORS

Amounts falling due after more than one year

(12,920

)

(17,702

)

NET LIABILITIES

(10,583

)

(13,014

)

CAPITAL AND RESERVES

(10,583

)

(13,014

)

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Basement Multimedia Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04394691

Registered office:

25 The Crescent

Salford

Manchester

M5 4PE

2.	AVERAGE NUMBER OF EMPLOYEES

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

3.	GOING CONCERN

At the balance sheet date the company reported net liabilities.

The director is confident that trade will continue to improve and the deficit position will be reversed. The company is dependent on the continued support of its director and shareholder.

The director considers that his support will continue for the foreseeable future and as such the majority of the balances due have been treated as creditors due after more than one year and the financial statements are prepared on a going concern basis.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 19 November 2025 and were signed by:

J D Mooney - Director