REGISTERED NUMBER: |
Basbro Corporation Ltd |
Unaudited Financial Statements |
for the Period 6 July 2022 to 31 July 2023 |
REGISTERED NUMBER: |
Basbro Corporation Ltd |
Unaudited Financial Statements |
for the Period 6 July 2022 to 31 July 2023 |
Basbro Corporation Ltd (Registered number: 14219327) |
Contents of the Financial Statements |
for the Period 6 July 2022 to 31 July 2023 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
Basbro Corporation Ltd |
Company Information |
for the Period 6 July 2022 to 31 July 2023 |
DIRECTOR: |
REGISTERED OFFICE: |
BUSINESS ADDRESS: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
5 London Road |
Rainham |
Gillingham |
Kent |
ME8 7RG |
Basbro Corporation Ltd (Registered number: 14219327) |
Statement of Financial Position |
31 July 2023 |
Notes | £ |
CURRENT ASSETS |
Inventories |
Debtors | 4 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES | ( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) |
( |
) |
The director acknowledges her 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
Basbro Corporation Ltd (Registered number: 14219327) |
Notes to the Financial Statements |
for the Period 6 July 2022 to 31 July 2023 |
1. | STATUTORY INFORMATION |
Basbro Corporation Ltd is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Inventories |
Inventories are measured 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 an appropriate proportion of attributable overheads according to the stage of manufacture/completion. |
Financial instruments |
The Company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties. |
Basic financial instruments are recognised at amortised cost, with changes recognised in the income statement. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL. |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other debtors |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Amounts owed to group undertakings |
Other creditors |
Basbro Corporation Ltd (Registered number: 14219327) |
Notes to the Financial Statements - continued |
for the Period 6 July 2022 to 31 July 2023 |
6. | ULTIMATE CONTROLLING PARTY |
The parent undertaking is Basi Developments Limited registered at 5 London Road, Rainham, Gillingham, Kent ME8 7RG United Kingdom and trading from Clijon Farm, Whitehalll Road, Meopham, Kent DA13 0NY United Kingdom. |