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REGISTERED NUMBER: 05629260 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Bravia Limited

Bravia Limited (Registered number: 05629260)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bravia Limited

Company Information
for the Year Ended 30 November 2023







DIRECTOR: Mr L Bugeac





SECRETARY: Mrs E C Bugeac





REGISTERED OFFICE: 14 Croppath Road
Dagenham
Essex
RM10 8BN





REGISTERED NUMBER: 05629260 (England and Wales)





ACCOUNTANTS: E Johnson & Associates
Chartered Certified Accountants
637 Green Lanes
London
N8 0RE

Bravia Limited (Registered number: 05629260)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,096 4,127

CURRENT ASSETS
Stocks 5 7,600 8,325
Debtors 6 27,175 39,671
Cash at bank 751 2,057
35,526 50,053
CREDITORS
Amounts falling due within one
year

7

17,393

23,459
NET CURRENT ASSETS 18,133 26,594
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,229

30,721

CREDITORS
Amounts falling due after more
than one year

8

18,333

28,333
NET ASSETS 2,896 2,388

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 2,796 2,288
SHAREHOLDERS' FUNDS 2,896 2,388

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 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.

Bravia Limited (Registered number: 05629260)

Balance Sheet - continued
30 November 2023


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 director and authorised for issue on 8 April 2024 and were signed by:





Mr L Bugeac - Director


Bravia Limited (Registered number: 05629260)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Bravia 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

Bravia Limited (Registered number: 05629260)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 December 2022
and 30 November 2023 51,407 14,998 2,210 68,615
DEPRECIATION
At 1 December 2022 50,156 12,329 2,003 64,488
Charge for year 312 667 52 1,031
At 30 November 2023 50,468 12,996 2,055 65,519
NET BOOK VALUE
At 30 November 2023 939 2,002 155 3,096
At 30 November 2022 1,251 2,669 207 4,127

5. STOCKS
30.11.23 30.11.22
£    £   
Work-in-progress 7,600 8,325

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 208 4,958
Other debtors 26,967 34,713
27,175 39,671

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 1 (1 )
Taxation and social security 6,842 13,054
Other creditors 550 406
17,393 23,459

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Bank loans 18,333 28,333

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
100 Ordinary £1 100 100

Bravia Limited (Registered number: 05629260)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

10. RESERVES
Retained
earnings
£   

At 1 December 2022 2,288
Profit for the year 18,508
Dividends (18,000 )
At 30 November 2023 2,796

11. RELATED PARTY DISCLOSURES

During the year, total dividends of £18,000 (2022 - £33,000) were paid to the director .

12. ULTIMATE CONTROLLING PARTY

The controlling party is Mr L Bugeac.

By virtue of being the director of the company and controls 100% of the ordinary share capital of the company.