BASAHO LTD


Director	SHAHANI, Tarun


Registered Address	86-90 Paul Street
	London
	EC2A 4NE


Registered Number	09381212 (England and Wales)

Balance Sheet as at
31 January 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Intangible assets	3		73		508
Tangible assets	4		552		1,529
			625		2,037
Current assets
Stocks	5	61,912		44,169
Debtors	6	8,233		15,644
Current asset investments	7	1,984		1,984
Cash at bank and on hand		32,207		33,663
		104,336		95,460
Creditors amounts falling due within one year	8	(35,223)		(65,285)
Net current assets (liabilities)			69,113		30,175
Total assets less current liabilities			69,738		32,212
Creditors amounts falling due after one year	9		(12,097)		(15,726)
Net assets			57,641		16,486
Capital and reserves
Called up share capital			101		101
Profit and loss account			57,540		16,385
Shareholders' funds			57,641		16,486

The company was entitled to exemption from audit for this reporting period 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 their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 26 June 2026, and are signed on its behalf by:

SHAHANI, Tarun
Director
Registered Company No. 09381212

BASAHO LTD

Notes to the Financial Statements
for the year ended 31 January 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Intangible assets
	Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. Trademarks are being amortised evenly over their estimated useful life of 5 years.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Office Equipment	3

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	0		0

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 February 25	2,175	2,175
At 31 January 26	2,175	2,175
Amortisation and impairment
At 01 February 25	1,667	1,667
Charge for year	435	435
At 31 January 26	2,102	2,102
Net book value
At 31 January 26	73	73
At 31 January 25	508	508

4.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 February 25	3,778	3,778
At 31 January 26	3,778	3,778
Depreciation and impairment
At 01 February 25	2,249	2,249
Charge for year	977	977
At 31 January 26	3,226	3,226
Net book value
At 31 January 26	552	552
At 31 January 25	1,529	1,529

5.	Stocks

	2026	2025
	£	£
Finished goods	61,912	44,169
Total	61,912	44,169

6.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	7,942	13,497
Other debtors	-	2,147
Prepayments and accrued income	291	-
Total	8,233	15,644

7.	Current asset investments

8.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	19	-
Bank borrowings and overdrafts	3,629	3,636
Taxation and social security	24,550	5,763
Other creditors	7,025	55,886
Total	35,223	65,285


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

9.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	12,097	15,726
Total	12,097	15,726