Bassi Corporation Ltd - Abbreviated accounts

Registered number

08417821

Bassi Corporation Ltd

Abbreviated Accounts

31 March 2015

Bassi Corporation Ltd
Registered number:		08417821
Abbreviated Balance Sheet
as at 31 March 2015

Notes			2015			2014
£				£
Fixed assets
Tangible assets	2		1,426,349			1,354,959

Current assets
Debtors		426			215
Cash at bank and in hand		77,163			99,944
		77,589			100,159

Creditors: amounts falling due within one year		(35,670)			(23,430)

Net current assets			41,919			76,729

Total assets less current liabilities			1,468,268			1,431,688

Creditors: amounts falling due after more than one year			(1,405,953)			(1,414,025)



Net assets			62,315			17,663

Capital and reserves
Called up share capital	3		1			1
Profit and loss account			62,314			17,662

Shareholder's funds			62,315			17,663

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Tejinder Singh Bassi
Director
Approved by the board on 24 August 2015

Bassi Corporation Ltd
Notes to the Abbreviated Accounts
for the year ended 31 March 2015

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.


2	Tangible fixed assets					£

	Cost
	At 1 April 2014					1,354,959
	Additions					71,390
	At 31 March 2015					1,426,349

	Depreciation
	At 31 March 2015					-

	Net book value
	At 31 March 2015					1,426,349
	At 31 March 2014					1,354,959


3	Share capital	Nominal		2015		2015		2014
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		1		1		1