Company Registration No. 11118276 (England and Wales)
Basera Limited
Unaudited accounts
for the year ended 31 December 2024
Basera Limited
Unaudited accounts
Contents
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
Basera Limited
Statement of financial position
as at 31 December 2024
Tangible assets
509,710
509,710
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)
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
Basera Limited
Notes to the Accounts
for the year ended 31 December 2024
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.
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.
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.
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
At 31 December 2024
509,710
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
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
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).