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REGISTERED NUMBER: 01532958 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Bravo India Flying Group Limited

Bravo India Flying Group Limited (Registered number: 01532958)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Bravo India Flying Group Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: S Baker
S J Barker





SECRETARY: D H Hale





REGISTERED OFFICE: 1 Birkdale Road
South Reddish
Stockport
Cheshire
SK5 7LU





REGISTERED NUMBER: 01532958 (England and Wales)





ACCOUNTANTS: Corbett & Co Accountants Ltd
Chartered Certified Accountants
555 Smithdown Road
Liverpool
Merseyside
L15 5AF

Bravo India Flying Group Limited (Registered number: 01532958)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 35,220 35,720

CURRENT ASSETS
Cash at bank 4,812 10,525

CREDITORS
Amounts falling due within one year 5 61,800 64,638
NET CURRENT LIABILITIES (56,988 ) (54,113 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(21,768

)

(18,393

)

CAPITAL AND RESERVES
Called up share capital 160 160
Revaluation reserve 6 (2,325 ) (2,325 )
Retained earnings (19,603 ) (16,228 )
SHAREHOLDERS' FUNDS (21,768 ) (18,393 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

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 4 September 2024 and were signed on its behalf by:




S J Barker - Director



S Baker - Director


Bravo India Flying Group Limited (Registered number: 01532958)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Bravo India Flying Group 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents members' annual contributions and members' flying charges.

Tangible fixed assets
Depreciation is based on historical cost or valuation, less the estimated residual value and the estimated economic life of the asset concerned.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST OR VALUATION
At 1 April 2023
and 31 March 2024 42,000
DEPRECIATION
At 1 April 2023 6,280
Charge for year 500
At 31 March 2024 6,780
NET BOOK VALUE
At 31 March 2024 35,220
At 31 March 2023 35,720

Cost or valuation at 31 March 2024 is represented by:

Plant and
machinery
etc
£   
Valuation in 2002 7,500
Valuation in 2014 (23,000 )
Cost 57,500
42,000

Bravo India Flying Group Limited (Registered number: 01532958)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. PROPERTY, PLANT AND EQUIPMENT - continued

If the aeroplane had not been revalued it would have been included at the following historical cost:

31.3.24 31.3.23
£    £   
Cost 57,500 57,500
Aggregate depreciation 6,280 5,280

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Payments received on account 300 3,156
Other creditors 61,500 61,482
61,800 64,638

6. RESERVES
Revaluation
reserve
£   
At 1 April 2023
and 31 March 2024 (2,325 )