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Company Registration No. 11118276 (England and Wales)
Basera Limited Unaudited accounts for the year ended 31 December 2024
Basera Limited Unaudited accounts Contents
Page
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Basera Limited Company Information for the year ended 31 December 2024
Director
Harprit Singh Dhanoa
Company Number
11118276 (England and Wales)
Registered Office
15 INVERNESS DRIVE ILFORD IG6 3BW UNITED KINGDOM
Accountants
The Tax Bee Accounting Solutions Ltd 12 Henry Walk Dartford DA1 5UZ
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Basera Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
509,710 
509,710 
Current assets
Cash at bank and in hand
459 
16,835 
Creditors: amounts falling due within one year
(462,050)
(462,468)
Net current liabilities
(461,591)
(445,633)
Total assets less current liabilities
48,119 
64,077 
Creditors: amounts falling due after more than one year
(73,580)
(73,580)
Net liabilities
(25,461)
(9,503)
Capital and reserves
Called up share capital
1 
1 
Revaluation reserve
5,000 
5,000 
Profit and loss account
(30,462)
(14,504)
Shareholders' funds
(25,461)
(9,503)
For the year ending 31 December 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 19 June 2025 and were signed on its behalf by
Harprit Singh Dhanoa Director Company Registration No. 11118276
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Basera Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Basera Limited is a private company, limited by shares, registered in England and Wales, registration number 11118276. The registered office is 15 INVERNESS DRIVE, ILFORD, IG6 3BW, 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.
3
Accounting policies
These financial statements for the year ended 31 December 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2023. 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:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 January 2024
509,710 
At 31 December 2024
509,710 
Depreciation
At 31 December 2024
- 
Net book value
At 31 December 2024
509,710 
At 31 December 2023
509,710 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
461,550 
461,993 
Accruals
500 
475 
462,050 
462,468 
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Basera Limited Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
73,580 
73,580 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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