Company Registration No. 11803297 (England and Wales)
Bringo Group Ltd
Unaudited accounts
for the year ended 31 March 2023
Bringo Group Ltd
Unaudited accounts
Contents
Bringo Group Ltd
Company Information
for the year ended 31 March 2023
Director
Alexander Suvorov
Company Number
11803297 (England and Wales)
Registered Office
20 HAMMERSMITH BROADWAY
LONDON
W6 7AF
ENGLAND
Accountants
Q Accountants Ltd
411 Oxford Street
Office 1.01
London
W1C 2PE
Bringo Group Ltd
Statement of financial position
as at 31 March 2023
Intangible assets
203,100
182,605
Tangible assets
571,430
198,135
Debtors
4,359,282
1,041,955
Cash at bank and in hand
11,490
3,666
Creditors: amounts falling due within one year
(3,052,496)
(169,377)
Net current assets
1,318,276
876,244
Total assets less current liabilities
2,176,638
1,340,816
Creditors: amounts falling due after more than one year
(39,175)
(49,175)
Provisions for liabilities
Deferred tax
(135,205)
(37,646)
Net assets
2,002,258
1,253,995
Called up share capital
1,000
1,000
Profit and loss account
2,001,258
1,252,995
Shareholders' funds
2,002,258
1,253,995
For the year ending 31 March 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 December 2023 and were signed on its behalf by
Alexander Suvorov
Director
Company Registration No. 11803297
Bringo Group Ltd
Notes to the Accounts
for the year ended 31 March 2023
Bringo Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 11803297. The registered office is 20 HAMMERSMITH BROADWAY, LONDON, W6 7AF, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% SLM
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Charge for the year
23,607
Bringo Group Ltd
Notes to the Accounts
for the year ended 31 March 2023
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2022
241,193
-
241,193
Additions
15,641
426,128
441,769
At 31 March 2023
256,834
426,128
682,962
At 1 April 2022
43,058
-
43,058
Charge for the year
25,135
43,339
68,474
At 31 March 2023
68,193
43,339
111,532
At 31 March 2023
188,641
382,789
571,430
At 31 March 2022
198,135
-
198,135
6
Investments
Other investments
Valuation at 1 April 2022
83,832
Valuation at 31 March 2023
83,832
Amounts falling due within one year
Trade debtors
4,294,127
972,055
Accrued income and prepayments
20,224
-
Amounts falling due after more than one year
8
Creditors: amounts falling due within one year
2023
2022
Trade creditors
2,734,186
-
Taxes and social security
270,936
163,485
Other creditors
48,665
8,972
Loans from directors
(1,291)
(3,080)
9
Creditors: amounts falling due after more than one year
2023
2022
Bringo Group Ltd
Notes to the Accounts
for the year ended 31 March 2023
10
Average number of employees
During the year the average number of employees was 8 (2022: 4).