Basevilla Limited - Period Ending 2017-09-30

Registration number: 6865025

Basevilla Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 September 2017

Brooks Green Chartered Accountants Abbey House 342 Regents Park Road London N3 2LJ

Basevilla Limited

Contents
__________________________________________________________________________

Company Information	1
Director's Report	2
Accountants' Report	3
Profit and Loss Account	4
Statement of Comprehensive Income	5
Balance Sheet	6
Statement of Changes in Equity	7
Notes to the Financial Statements	8

Basevilla Limited

Company Information
__________________________________________________________________________

Director

Royston Thomas Durell

Registered office

342 Regents Park Road Finchley London N3 2LJ

Accountants

Brooks Green Chartered Accountants Abbey House 342 Regents Park Road London N3 2LJ

Page 1

Basevilla Limited

Director's Report for the Year Ended 30 September 2017
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The director presents his report and the financial statements for the year ended 30 September 2017.

Director of the company

The director who held office during the year was as follows:

Royston Thomas Durell

Principal activity

The principal activity of the company is that of the

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved by the Board on 18 June 2018 and signed on its behalf by:

Royston Thomas Durell
Director

Page 2

Chartered Accountants' Report to the Director on the Preparation of the Statutory Accounts of
Basevilla Limited
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In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Basevilla Limited for the year ended 30 September 2017 as set out on pages 4 to 8 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the Board of Directors of Basevilla Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Basevilla Limited and state those matters that we have agreed to state to the Board of Directors of Basevilla Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Basevilla Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Basevilla Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and results of Basevilla Limited. You consider that Basevilla Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Basevilla Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

Brooks Green Chartered Accountants
Abbey House
342 Regents Park Road
London
N3 2LJ

18 June 2018

Page 3

Basevilla Limited

Profit and Loss Account for the Year Ended 30 September 2017
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	Note	2017 £	2016 £
Turnover		-	-
Operating profit/(loss)		-	-
Profit/(loss) before tax		-	-
Profit/(loss) for the financial year		-	-
Retained earnings brought forward		-	-
Retained earnings carried forward		-	-

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

The notes on page 8 form an integral part of these financial statements.

Page 4

Basevilla Limited

Statement of Comprehensive Income for the Year Ended 30 September 2017
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	2017 £	2016 £
Profit/(loss) for the year	-	-
Total comprehensive income for the year	-	-

The notes on page 8 form an integral part of these financial statements.

Page 5

Basevilla Limited

(Registration number: 6865025)
Balance Sheet as at 30 September 2017
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	Note	2017 £		2016 £
Current assets
Debtors	2		1		1
Capital and reserves
Called up share capital		1		1
Total equity			1		1

For the financial year ending 30 September 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 18 June 2018
 

Royston Thomas Durell

Director

The notes on page 8 form an integral part of these financial statements.

Page 6

Basevilla Limited

Statement of Changes in Equity for the Year Ended 30 September 2017
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	Share capital £	Total £
At 1 October 2016	1	1
At 30 September 2017	1	1

The notes on page 8 form an integral part of these financial statements.

Page 7

Basevilla Limited

Notes to the Financial Statements for the Year Ended 30 September 2017
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1	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

2

Debtors

	2017 £	2016 £
Other debtors	1	1
Total current trade and other debtors	1	1

3	Share capital

Allotted, called up and fully paid shares

	2017		2016
	No.	£	No.	£
Ordinary share capital of £1 each	1	1	1	1

Page 8