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REGISTERED NUMBER: 12357954 (England and Wales)




















Financial Statements

for the Year Ended 31 December 2021

for

AB BRAVO LIMITED

AB BRAVO LIMITED (REGISTERED NUMBER: 12357954)






Contents of the Financial Statements
for the Year Ended 31 December 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AB BRAVO LIMITED

Company Information
for the Year Ended 31 December 2021







DIRECTORS: Ms L S Ho
H W Lo





REGISTERED OFFICE: 143 Station Road
Hampton
Middlesex
TW12 2AL





REGISTERED NUMBER: 12357954 (England and Wales)





ACCOUNTANTS: Alvis & Company (Accountants) Limited
143 Station Road
Hampton
Middlesex
TW12 2AL

AB BRAVO LIMITED (REGISTERED NUMBER: 12357954)

Balance Sheet
31 December 2021

31.12.21 31.12.20
Notes £    £   
FIXED ASSETS
Intangible assets 4 15,047 20,063
Tangible assets 5 887 1,774
Investment property 6 52,812 52,812
68,746 74,649

CURRENT ASSETS
Debtors 7 120 626
Cash at bank 1,565 127
1,685 753
CREDITORS
Amounts falling due within one year 8 (88,813 ) (88,132 )
NET CURRENT LIABILITIES (87,128 ) (87,379 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(18,382

)

(12,730

)

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings (18,482 ) (12,830 )
SHAREHOLDERS' FUNDS (18,382 ) (12,730 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

AB BRAVO LIMITED (REGISTERED NUMBER: 12357954)

Balance Sheet - continued
31 December 2021


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 August 2022 and were signed on its behalf by:




Ms L S Ho - Director



H W Lo - Director


AB BRAVO LIMITED (REGISTERED NUMBER: 12357954)

Notes to the Financial Statements
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

AB Bravo 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. ACCOUNTING POLICIES

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

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

Intangible assets
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.

Business Know How are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - Straight line over 3 years

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

AB BRAVO LIMITED (REGISTERED NUMBER: 12357954)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2021
and 31 December 2021 25,079
AMORTISATION
At 1 January 2021 5,016
Charge for year 5,016
At 31 December 2021 10,032
NET BOOK VALUE
At 31 December 2021 15,047
At 31 December 2020 20,063

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 January 2021
and 31 December 2021 2,661
DEPRECIATION
At 1 January 2021 887
Charge for year 887
At 31 December 2021 1,774
NET BOOK VALUE
At 31 December 2021 887
At 31 December 2020 1,774

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2021
and 31 December 2021 52,812
NET BOOK VALUE
At 31 December 2021 52,812
At 31 December 2020 52,812

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Other debtors 120 626

AB BRAVO LIMITED (REGISTERED NUMBER: 12357954)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Trade creditors - 2,320
Other creditors 88,813 85,812
88,813 88,132

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.12.21 31.12.20
value: £    £   
100 Ordinary 1 100 100

10. GOING CONCERN

The Directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.Thus they continue to adopt the going concern basis in preparing the annual financial statements.