2022-11-01 08754405 2023-10-31 08754405 2022-11-01 2023-10-31 08754405 2022-10-31 08754405 2021-11-01 2022-10-31 08754405 uk-core:WithinOneYear 2022-10-31 08754405 uk-core:WithinOneYear 2023-10-31 08754405 uk-core:AfterOneYear 2022-10-31 08754405 uk-core:AfterOneYear 2023-10-31 08754405 uk-core:ShareCapital 2023-10-31 08754405 uk-core:ShareCapital 2022-10-31 08754405 uk-core:RetainedEarningsAccumulatedLosses 2023-10-31 08754405 uk-core:RetainedEarningsAccumulatedLosses 2022-10-31 08754405 uk-bus:Director1 2022-11-01 2023-10-31 08754405 uk-core:FurnitureFittingsToolsEquipment 2022-11-01 2023-10-31 08754405 uk-core:AfterOneYear uk-core:Secured 2023-10-31 08754405 uk-core:AfterOneYear uk-core:Secured 2022-10-31 iso4217:GBP xbrli:pure 08754405 uk-bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 08754405 uk-bus:FRS102 2022-11-01 2023-10-31 08754405 uk-bus:FilletedAccounts 2022-11-01 2023-10-31 08754405 uk-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31
Bravo Seaham Ltd
Registered Number:08754405
For the year ended 31 October 2023
England and Wales
Unaudited Financial Statements
2
Registered Number :
08754405
As at 31 October 2023
Bravo Seaham Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Current assets
Trade and other receivables
1,421
1,764
3
14,511
Cash and cash equivalents
18,644
20,408
15,932
Trade and other payables: amounts falling due within one year
(4,760)
(5,240)
4
11,172
15,168
Net current assets
Total assets less current liabilities
15,168
11,172
Trade and other payables: amounts falling due after more than
one year
(17,167)
(15,167)
5
1
Net assets/liabilities
(5,995)
Capital and reserves
Called up share capital
1
1
Retained earnings
-
(5,996)
1
(5,995)
Shareholders' funds
For the year ended 31 October 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Hassan Hardan Director
These financial statements were approved and authorised for issue by the Board on 20 February 2024 and were signed by:
The notes form part of these financial statements
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3
For the year ended 31 October 2023
Bravo Seaham Ltd
Notes to the Financial Statements
Statutory Information
Bravo Seaham Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
08754405.
Principal place of business:
3 West Grove
Seaham
Co Durham
SR7 8EL
Registered address:
13 Mary Street
Sunderland
Tyne & Wear
SR1 3NH
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting
Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act
2006. The financial statements have been prepared under the historical costs convention as modified by the revaluation
of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Straight line
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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4
For the year ended 31 October 2023
Bravo Seaham Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Fixtures and
fittings
£
Cost or valuation
At 01 November 2022
8,300
At 31 October 2023
8,300
Provision for depreciation and impairment
At 01 November 2022
8,300
At 31 October 2023
8,300
At 31 October 2023
Net book value
-
At 31 October 2022
-
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any
provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less
their estimated residual value, over their expected useful lives on the following basis:
3. Trade and other receivables
2022
2023
£
£
Trade debtors
1,764
1,421
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Taxation and social security
5,088
4,500
Other creditors
152
260
5,240
4,760
5. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
15,167
17,167
6. Average number of persons employed
During the year the average number of employees was 2 (2022 : 2)
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