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REGISTERED NUMBER: SC597266 (Scotland)




















Bravo Whisky Golf Ltd

Unaudited Financial Statements

for the Period 1 June 2022 to 31 October 2023






Bravo Whisky Golf Ltd (Registered number: SC597266)






Contents of the Financial Statements
for the Period 1 June 2022 to 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bravo Whisky Golf Ltd

Company Information
for the Period 1 June 2022 to 31 October 2023







DIRECTORS: N S Johnson
L M Johnson





REGISTERED OFFICE: The Lighthouse Business Centre,
Heugh Industrial Estate
North Berwick
United Kingdom
EH39 5PX





REGISTERED NUMBER: SC597266 (Scotland)





ACCOUNTANTS: Whitelaw Wells
The Lighthouse
Heugh Road
North Berwick
EH39 5PX

Bravo Whisky Golf Ltd (Registered number: SC597266)

Balance Sheet
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,075 3,249

CURRENT ASSETS
Debtors 5 40,411 78,506
Cash at bank 97,706 166,289
138,117 244,795
CREDITORS
Amounts falling due within one year 6 64,415 268,753
NET CURRENT ASSETS/(LIABILITIES) 73,702 (23,958 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

76,777

(20,709

)

CREDITORS
Amounts falling due after more than
one year

7

(70,917

)

(35,649

)

PROVISIONS FOR LIABILITIES (602 ) -
NET ASSETS/(LIABILITIES) 5,258 (56,358 )

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 4,258 (57,358 )
5,258 (56,358 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2023 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.

Bravo Whisky Golf Ltd (Registered number: SC597266)

Balance Sheet - continued
31 October 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 Board of Directors and authorised for issue on 2 April 2024 and were signed on its behalf by:





N S Johnson - Director


Bravo Whisky Golf Ltd (Registered number: SC597266)

Notes to the Financial Statements
for the Period 1 June 2022 to 31 October 2023

1. STATUTORY INFORMATION

Bravo Whisky Golf Ltd is a private company, limited by shares , registered in Scotland. 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 and revenue recognition
Turnover is measured at the fair value of golf tours received or receivable, excluding discounts, value added tax and other sales tax. Tour income is recognised when the tour takes place.

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 etc - 20% on cost

Taxation
Taxation for the period 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 period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Bravo Whisky Golf Ltd (Registered number: SC597266)

Notes to the Financial Statements - continued
for the Period 1 June 2022 to 31 October 2023

2. ACCOUNTING POLICIES - continued

Provisions
Provisions are recognised where the company has a present obligation as a result of a past event, it is probably the company will be required to settle the obligations, and a reliable estimate can be made of the obligations. The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

Going concern
The financial statements have been prepared on the going concern basis, which assumes that the company will continue to trade for the foreseeable future. The directors have no concerns that the company will continue to trade for at least 12 months from the signing of these financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2022 4,217
Additions 1,540
Disposals (703 )
At 31 October 2023 5,054
DEPRECIATION
At 1 June 2022 968
Charge for period 1,011
At 31 October 2023 1,979
NET BOOK VALUE
At 31 October 2023 3,075
At 31 May 2022 3,249

Bravo Whisky Golf Ltd (Registered number: SC597266)

Notes to the Financial Statements - continued
for the Period 1 June 2022 to 31 October 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 2,400 5,210
Other debtors 38,011 73,296
40,411 78,506

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,648 9,626
Trade creditors 7,607 -
Taxation and social security 38,949 584
Other creditors 7,211 258,543
64,415 268,753

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 20,917 35,649
Other creditors 50,000 -
70,917 35,649

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 October 2023 and the year ended 31 May 2022:

2023 2022
£    £   
N S Johnson
Balance outstanding at start of period - -
Amounts advanced 20,064 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 20,064 -

The loan is unsecured and has no set repayment date. Interest has been charged at 2.25%.