Basinghall (U.K.) Limited - Accounts to registrar (filleted) - small 17.3

Basinghall (U.K.) Limited - Accounts to registrar (filleted) - small 17.3

BASINGHALL (U.K.) LIMITED - Company Information

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REGISTERED NUMBER: 03286690 (England and Wales)

















BASINGHALL (U.K.) LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2016






BASINGHALL (U.K.) LIMITED (REGISTERED NUMBER: 03286690)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BASINGHALL (U.K.) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2016







DIRECTOR: Mr E Kogan





REGISTERED OFFICE: 5 Windus Road
London
N16 6UT





REGISTERED NUMBER: 03286690 (England and Wales)





ACCOUNTANTS: Sugarwhite Meyer Accountants Ltd
5 Windus Road
London
N16 6UT
Page 1
BASINGHALL (U.K.) LIMITED (REGISTERED NUMBER: 03286690)

BALANCE SHEET
31 DECEMBER 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 1,643 2,575

CURRENT ASSETS
Debtors 6 36,410 85,918
Cash at bank 26 377
36,436 86,295
CREDITORS
Amounts falling due within one year 7 1,196 50,086
NET CURRENT ASSETS 35,240 36,209
TOTAL ASSETS LESS CURRENT
LIABILITIES
36,883
38,784

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 36,882 38,783
SHAREHOLDERS' FUNDS 36,883 38,784

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the
Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at
the end of each financial year and of its profit or loss for each financial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with the requirements of the
Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director on 20 December 2017 and were signed by:





Mr E Kogan - Director


The notes on pages 3 to 4 form part of these financial statements

Page 2
BASINGHALL (U.K.) LIMITED (REGISTERED NUMBER: 03286690)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016

1. STATUTORY INFORMATION

Basinghall (U.K.) Limited is a private company, limited by shares , registered in England and Wales.
The company's registered number and registered office address can be found on the Company
Information page.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

First year adoption of Financial Reporting Standard 102 ( FRS 102) Section 1A
These financial statements for the year ended 31 December 2016 are the first that are prepared in
accordance with FRS 102 Section 1A. The previous financial statements were prepared in accordance
with UK GAAP, the date of transition to FRS 102 Section 1A is 1 January 2015.

Critical accounting judgements and key sources of estimation uncertainty
No judgements or estimates were made by the directors in the application of these accounting policies.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,
rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Short leasehold - 20% on cost
Fixtures and fittings - 25% on reducing balance

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2015 - 1 ).

Page 3
BASINGHALL (U.K.) LIMITED (REGISTERED NUMBER: 03286690)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2016

5. TANGIBLE FIXED ASSETS
Fixtures
Short and
leasehold fittings Totals
£    £    £   
COST
At 1 January 2016 4,106 617 4,723
Disposals - (617 ) (617 )
At 31 December 2016 4,106 - 4,106
DEPRECIATION
At 1 January 2016 1,642 506 2,148
Charge for year 821 - 821
Eliminated on disposal - (506 ) (506 )
At 31 December 2016 2,463 - 2,463
NET BOOK VALUE
At 31 December 2016 1,643 - 1,643
At 31 December 2015 2,464 111 2,575

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Trade debtors - 9,630
Other debtors 36,410 76,288
36,410 85,918

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Trade creditors - 19,817
Taxation and social security - 816
Other creditors 1,196 29,453
1,196 50,086

8. FIRST YEAR ADOPTION

These are the first financial statements that comply with FRS 102. The company transitioned to FRS
102 on 1 January 2015.

No transitional adjustments were required in equity or profit or loss for the year.

Page 4