1 September 2023 false Taxfiler 2024.6 10920955business:PrivateLimitedCompanyLtd2023-09-012024-08-31 109209552023-08-31 109209552023-09-012024-08-31 10920955business:AuditExempt-NoAccountantsReport2023-09-012024-08-31 10920955business:FilletedAccounts2023-09-012024-08-31 109209552024-08-31 10920955business:Director12023-09-012024-08-31 10920955business:RegisteredOffice2023-09-012024-08-31 109209552023-08-31 10920955core:WithinOneYear2024-08-31 10920955core:WithinOneYear2023-08-31 10920955core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 10920955core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 10920955core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 10920955core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 10920955core:PreviouslyStatedAmount2024-08-31 10920955core:PreviouslyStatedAmount2023-08-31 10920955business:SmallEntities2023-09-012024-08-31 10920955countries:EnglandWales2023-09-012024-08-31 10920955core:LandBuildings2023-09-012024-08-31 10920955core:PlantMachinery2023-09-012024-08-31 10920955core:MotorVehicles2023-09-012024-08-31 10920955core:FurnitureFittings2023-09-012024-08-31 10920955core:ComputerEquipment2023-09-012024-08-31 10920955core:OtherPropertyPlantEquipment2023-09-012024-08-31 10920955core:ComputerEquipment2023-08-31 10920955core:ComputerEquipment2024-08-31 109209552022-09-012023-08-31 iso4217:GBP xbrli:pure
Company Registration No. 10920955 (England and Wales)
Basol & Partners Ltd Unaudited accounts for the year ended 31 August 2024
Basol & Partners Ltd Unaudited accounts Contents
Page
- 2 -
Basol & Partners Ltd Company Information for the year ended 31 August 2024
Director
Kenan Basol
Company Number
10920955 (England and Wales)
Registered Office
FIELD HOUSE HOUGHTON HILL HOUGHTON HUNTINGDON PE28 2BS ENGLAND
- 3 -
Basol & Partners Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,406 
1,873 
Current assets
Cash at bank and in hand
23,786 
10,880 
Creditors: amounts falling due within one year
(9,596)
(3,693)
Net current assets
14,190 
7,187 
Net assets
15,596 
9,060 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
15,496 
8,960 
Shareholders' funds
15,596 
9,060 
For the year ending 31 August 2024 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 his 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 20 May 2025 and were signed on its behalf by
Kenan Basol Director Company Registration No. 10920955
- 4 -
Basol & Partners Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Basol & Partners Ltd is a private company, limited by shares, registered in England and Wales, registration number 10920955. The registered office is FIELD HOUSE HOUGHTON HILL, HOUGHTON, HUNTINGDON, PE28 2BS, ENGLAND.
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.
3
Accounting policies
These financial statements for the year ended 31 August 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 2022. 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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
0
Plant & machinery
20
Motor vehicles
20
Fixtures & fittings
20
Computer equipment
20
Other tangible fixed assets
20
- 5 -
Basol & Partners Ltd Notes to the Accounts for the year ended 31 August 2024
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 September 2023
2,334 
At 31 August 2024
2,334 
Depreciation
At 1 September 2023
461 
Charge for the year
467 
At 31 August 2024
928 
Net book value
At 31 August 2024
1,406 
At 31 August 2023
1,873 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
8,033 
2,209 
Accrued preference dividends
- 
1,467 
Loans from directors
96 
17 
Accruals
1,467 
- 
9,596 
3,693 
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -