BASAHO LTD


2022-02-012023-01-312023-01-31false09381212BASAHO LTD2023-05-18iso4217:GBPxbrli:pure093812122022-02-01093812122023-01-31093812122022-02-012023-01-31093812122021-02-01093812122022-01-31093812122021-02-012022-01-3109381212bus:SmallEntities2022-02-012023-01-3109381212bus:AuditExempt-NoAccountantsReport2022-02-012023-01-3109381212bus:FullAccounts2022-02-012023-01-3109381212bus:PrivateLimitedCompanyLtd2022-02-012023-01-3109381212core:WithinOneYear2023-01-3109381212core:AfterOneYear2023-01-3109381212core:WithinOneYear2022-01-3109381212core:AfterOneYear2022-01-3109381212core:ShareCapital2023-01-3109381212core:SharePremium2023-01-3109381212core:RevaluationReserve2023-01-3109381212core:OtherReservesSubtotal2023-01-3109381212core:RetainedEarningsAccumulatedLosses2023-01-3109381212core:ShareCapital2022-01-3109381212core:SharePremium2022-01-3109381212core:RevaluationReserve2022-01-3109381212core:OtherReservesSubtotal2022-01-3109381212core:RetainedEarningsAccumulatedLosses2022-01-3109381212core:LandBuildings2023-01-3109381212core:PlantMachinery2023-01-3109381212core:Vehicles2023-01-3109381212core:FurnitureFittings2023-01-3109381212core:OfficeEquipment2023-01-3109381212core:NetGoodwill2023-01-3109381212core:IntangibleAssetsOtherThanGoodwill2023-01-3109381212core:ListedExchangeTraded2023-01-3109381212core:UnlistedNon-exchangeTraded2023-01-3109381212core:LandBuildings2022-01-3109381212core:PlantMachinery2022-01-3109381212core:Vehicles2022-01-3109381212core:FurnitureFittings2022-01-3109381212core:OfficeEquipment2022-01-3109381212core:NetGoodwill2022-01-3109381212core:IntangibleAssetsOtherThanGoodwill2022-01-3109381212core:ListedExchangeTraded2022-01-3109381212core:UnlistedNon-exchangeTraded2022-01-3109381212core:LandBuildings2022-02-012023-01-3109381212core:PlantMachinery2022-02-012023-01-3109381212core:Vehicles2022-02-012023-01-3109381212core:FurnitureFittings2022-02-012023-01-3109381212core:OfficeEquipment2022-02-012023-01-3109381212core:NetGoodwill2022-02-012023-01-3109381212core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3109381212core:ListedExchangeTraded2022-02-012023-01-3109381212core:UnlistedNon-exchangeTraded2022-02-012023-01-3109381212core:MoreThanFiveYears2022-02-012023-01-3109381212core:Non-currentFinancialInstruments2023-01-3109381212core:Non-currentFinancialInstruments2022-01-3109381212dpl:CostSales2022-02-012023-01-3109381212dpl:DistributionCosts2022-02-012023-01-3109381212dpl:AdministrativeExpenses2022-02-012023-01-3109381212core:LandBuildings2022-02-012023-01-3109381212core:PlantMachinery2022-02-012023-01-3109381212core:Vehicles2022-02-012023-01-3109381212core:FurnitureFittings2022-02-012023-01-3109381212core:OfficeEquipment2022-02-012023-01-3109381212core:NetGoodwill2022-02-012023-01-3109381212core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3109381212dpl:GroupUndertakings2022-02-012023-01-3109381212dpl:ParticipatingInterests2022-02-012023-01-3109381212dpl:GroupUndertakingscore:ListedExchangeTraded2022-02-012023-01-3109381212core:ListedExchangeTraded2022-02-012023-01-3109381212dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-02-012023-01-3109381212core:UnlistedNon-exchangeTraded2022-02-012023-01-3109381212dpl:CostSales2021-02-012022-01-3109381212dpl:DistributionCosts2021-02-012022-01-3109381212dpl:AdministrativeExpenses2021-02-012022-01-3109381212core:LandBuildings2021-02-012022-01-3109381212core:PlantMachinery2021-02-012022-01-3109381212core:Vehicles2021-02-012022-01-3109381212core:FurnitureFittings2021-02-012022-01-3109381212core:OfficeEquipment2021-02-012022-01-3109381212core:NetGoodwill2021-02-012022-01-3109381212core:IntangibleAssetsOtherThanGoodwill2021-02-012022-01-3109381212dpl:GroupUndertakings2021-02-012022-01-3109381212dpl:ParticipatingInterests2021-02-012022-01-3109381212dpl:GroupUndertakingscore:ListedExchangeTraded2021-02-012022-01-3109381212core:ListedExchangeTraded2021-02-012022-01-3109381212dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-02-012022-01-3109381212core:UnlistedNon-exchangeTraded2021-02-012022-01-3109381212core:NetGoodwill2023-01-3109381212core:IntangibleAssetsOtherThanGoodwill2023-01-3109381212core:LandBuildings2023-01-3109381212core:PlantMachinery2023-01-3109381212core:Vehicles2023-01-3109381212core:FurnitureFittings2023-01-3109381212core:OfficeEquipment2023-01-3109381212core:AfterOneYear2023-01-3109381212core:WithinOneYear2023-01-3109381212core:ListedExchangeTraded2023-01-3109381212core:UnlistedNon-exchangeTraded2023-01-3109381212core:ShareCapital2023-01-3109381212core:SharePremium2023-01-3109381212core:RevaluationReserve2023-01-3109381212core:OtherReservesSubtotal2023-01-3109381212core:RetainedEarningsAccumulatedLosses2023-01-3109381212core:NetGoodwill2022-01-3109381212core:IntangibleAssetsOtherThanGoodwill2022-01-3109381212core:LandBuildings2022-01-3109381212core:PlantMachinery2022-01-3109381212core:Vehicles2022-01-3109381212core:FurnitureFittings2022-01-3109381212core:OfficeEquipment2022-01-3109381212core:AfterOneYear2022-01-3109381212core:WithinOneYear2022-01-3109381212core:ListedExchange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BASAHO LTD

Registered Number
09381212
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2023

BASAHO LTD
Company Information
for the year from 1 February 2022 to 31 January 2023

Directors

SHAHANI, Tarun

Registered Address

86-90 Paul Street
London
EC2A 4NE

Registered Number

09381212 (England and Wales)
BASAHO LTD
Balance Sheet as at
31 January 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Intangible assets61,3781,813
Tangible assets72230
1,4001,843
Current assets
Stocks857,07881,867
Debtors914,16823,644
Current asset investments1,9841,984
Cash at bank and on hand40,1269,379
113,356116,874
Creditors amounts falling due within one year10(43,131)(47,457)
Net current assets (liabilities)70,22569,417
Total assets less current liabilities71,62571,260
Creditors amounts falling due after one year11(22,984)(25,000)
Net assets48,64146,260
Capital and reserves
Called up share capital101101
Profit and loss account48,54046,159
Shareholders' funds48,64146,260
  • 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.
The financial statements were approved and authorised for issue by the Director on 18 May 2023, 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 2023

1.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.
2.Compliance with applicable reporting framework
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.
3.Principal activities
The principal activity of the company is that of online retail.
4.Accounting policies
Property, plant and equipment policy
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 Equipment3
Intangible assets policy
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.
Stocks policy
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Revenue recognition policy
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.
Foreign currency translation and operations policy
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.
Investments policy
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.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
5.Employee information

20232022
Average number of employees during the year00
6.Intangible assets

Other

Total

££
Cost or valuation
At 01 February 222,1752,175
At 31 January 232,1752,175
Amortisation and impairment
At 01 February 22362362
Charge for year435435
At 31 January 23797797
Net book value
At 31 January 231,3781,378
At 31 January 221,8131,813
7.Property, plant and equipment

Office Equipment

Total

££
Cost or valuation
At 01 February 22833833
At 31 January 23833833
Depreciation and impairment
At 01 February 22803803
Charge for year88
At 31 January 23811811
Net book value
At 31 January 232222
At 31 January 223030
8.Stocks

2023

2022

££
Finished goods57,07881,867
Total57,07881,867
9.Debtors

2023

2022

££
Trade debtors / trade receivables14,15623,644
Other debtors12-
Total14,16823,644
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.
10.Creditors within one year

2023

2022

££
Trade creditors / trade payables202-
Bank borrowings and overdrafts3,6297,500
Taxation and social security11,73210,859
Other creditors27,56829,098
Total43,13147,457
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.
11.Creditors after one year

2023

2022

££
Bank borrowings and overdrafts22,98425,000
Total22,98425,000