Baseform Ltd - Limited company - abbreviated - 11.6
Baseform Ltd - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts |
| for the Year Ended 30th September 2014 |
| for |
| Baseform Ltd |
| Baseform Ltd (Registered number: 08021563) |
| Contents of the Abbreviated Accounts |
| for the year ended 30th September 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Baseform Ltd |
| Company Information |
| for the year ended 30th September 2014 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Baseform Ltd (Registered number: 08021563) |
| Abbreviated Balance Sheet |
| 30th September 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 3 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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. |
| Baseform Ltd (Registered number: 08021563) |
| Abbreviated Balance Sheet - continued |
| 30th September 2014 |
| The financial statements were approved by the Board of Directors on |
| Baseform Ltd (Registered number: 08021563) |
| Notes to the Abbreviated Accounts |
| for the year ended 30th September 2014 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance with the |
| Financial Reporting Standard for Smaller Entities (effective April 2008). |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax, except in respect of service |
| contracts where turnover is recognised when the company obtains the right to consideration. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Stocks |
| Work in progress is valued at the lower of cost and net realisable value. |
| Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the |
| period of the lease. |
| Going concern |
| As at the balance sheet date the company had net liabilities of £53,861. The sector within which the company |
| trades has been very difficult, however the directors have been able to secure new contracts in the final quarter |
| of the year which means going forward the company is starting to generate profits and the directors have agreed |
| payment terms with the company's creditors. As a result the directors believe the company is a going concern |
| and the accounts have been prepared on this basis. |
| Baseform Ltd (Registered number: 08021563) |
| Notes to the Abbreviated Accounts - continued |
| for the year ended 30th September 2014 |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st October 2013 |
| Disposals | ( |
) |
| At 30th September 2014 |
| DEPRECIATION |
| At 1st October 2013 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 30th September 2014 |
| NET BOOK VALUE |
| At 30th September 2014 |
| At 30th September 2013 |
| 3. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| The aggregate total of debtors falling due after more than one year is £ |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| Ordinary | £1 |
| 5. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the year ended 30th September 2014 and the |
| period ended 30th September 2013: |
| 2014 | 2013 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid |
| Balance outstanding at end of year |
| Loans to the directors are subject to interest at the HM Revenue & Customs official rate and are repayable on |
| demand. |