Bassi Corporation Limited - Abbreviated accounts

Registered number

08417821

Bassi Corporation Limited

Abbreviated Accounts

31 March 2014

Bassi Corporation Limited
Registered number:		08417821
Abbreviated Balance Sheet
as at 31 March 2014

Notes			2014			2013
£				£
Fixed assets
Tangible assets	2		1,354,959			-

Current assets
Debtors		215			-
Cash at bank and in hand		99,944			1
		100,159			1

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

Net current assets			76,729			1

Total assets less current liabilities			1,431,688			1

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



Net assets			17,663			1

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

Shareholder's funds			17,663			1

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 21 November 2014

Bassi Corporation Limited
Notes to the Abbreviated Accounts
for the year ended 31 March 2014

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 April 2008).

	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 2013					-
	At 31 March 2014					1,354,959

	Depreciation
	At 31 March 2014					-

	Net book value
	At 31 March 2014					1,354,959
	At 31 March 2013					-


3	Share capital	Nominal		2014		2014		2013
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		1		1		1