Company Registration No. 12049441 (England and Wales)
BASCIIT SOLUTIONS LTD
Unaudited accounts
for the year ended 30 June 2023
BASCIIT SOLUTIONS LTD
Unaudited accounts
Contents
BASCIIT SOLUTIONS LTD
Company Information
for the year ended 30 June 2023
Director
FATUNMONA, Temitope
Company Number
12049441 (England and Wales)
Registered Office
1 MAUNDERS CLOSE
CHATHAM
ME5 0AU
UNITED KINGDOM
BASCIIT SOLUTIONS LTD
Statement of financial position
as at 30 June 2023
Cash at bank and in hand
419
1,291
Creditors: amounts falling due within one year
(35,764)
(35,284)
Net current liabilities
(35,344)
(33,992)
Net liabilities
(2,344)
(992)
Called up share capital
1
1
Profit and loss account
(2,345)
(993)
Shareholders' funds
(2,344)
(992)
For the year ending 30 June 2023 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 her 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 15 March 2024 and were signed on its behalf by
FATUNMONA, Temitope
Director
Company Registration No. 12049441
BASCIIT SOLUTIONS LTD
Notes to the Accounts
for the year ended 30 June 2023
BASCIIT SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 12049441. The registered office is 1 MAUNDERS CLOSE, CHATHAM, ME5 0AU, 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 30 June 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 July 2021.
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.
4
Investments
Other investments
Valuation at 1 July 2022
33,000
Valuation at 30 June 2023
33,000
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
32,118
37,888
Loans from directors
3,096
(2,854)
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).