Company Registration No. 12293605 (England and Wales)
BASMIM TRADING LTD
Unaudited accounts
for the year ended 30 November 2022
BASMIM TRADING LTD
Unaudited accounts
Contents
BASMIM TRADING LTD
Company Information
for the year ended 30 November 2022
Directors
Mr Nameh Khalil
Mr Bassem Jamil Sahid Mohamed
Company Number
12293605 (England and Wales)
Registered Office
10 New Broadway
Uxbridge Road
Uxbridge
UB10 0LH
England
BASMIM TRADING LTD
Statement of financial position
as at 30 November 2022
Tangible assets
117,370
146,942
Cash at bank and in hand
11,359
30,428
Creditors: amounts falling due within one year
(274,209)
(260,361)
Net current liabilities
(216,168)
(202,793)
Total assets less current liabilities
(98,628)
(55,681)
Creditors: amounts falling due after more than one year
(48,622)
(47,222)
Net liabilities
(147,250)
(102,903)
Profit and loss account
(147,350)
(103,003)
Shareholders' funds
(147,250)
(102,903)
For the year ending 30 November 2022 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 directors acknowledge 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 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 of Directors and authorised for issue on 8 August 2023 and were signed on its behalf by
Mr Nameh Khalil
Director
Company Registration No. 12293605
BASMIM TRADING LTD
Notes to the Accounts
for the year ended 30 November 2022
BASMIM TRADING LTD is a private company, limited by shares, registered in England and Wales, registration number 12293605. The registered office is 10 New Broadway, Uxbridge Road, Uxbridge, UB10 0LH, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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:
Fixtures & fittings
25% RBM
Computer equipment
25% RBM
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
BASMIM TRADING LTD
Notes to the Accounts
for the year ended 30 November 2022
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 December 2021
99,952
85,584
12,757
2,060
200,353
Additions
-
2,760
-
-
2,760
At 30 November 2022
99,952
88,344
12,757
2,060
203,113
At 1 December 2021
20,053
28,382
4,291
685
53,411
Charge for the year
14,993
14,879
2,116
344
32,332
At 30 November 2022
35,046
43,261
6,407
1,029
85,743
At 30 November 2022
64,906
45,083
6,350
1,031
117,370
At 30 November 2021
79,899
57,202
8,466
1,375
146,942
Amounts falling due within one year
Accrued income and prepayments
7,279
366
Amounts falling due after more than one year
Other debtors
19,373
1,600
7
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
7,365
-
Trade creditors
41,880
40,716
Taxes and social security
-
15,542
Other creditors
21,942
17,347
Loans from directors
165,680
175,849
8
Creditors: amounts falling due after more than one year
2022
2021
Taxes and social security
6,955
-
BASMIM TRADING LTD
Notes to the Accounts
for the year ended 30 November 2022
9
Average number of employees
During the year the average number of employees was 7 (2021: 7).