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REGISTERED NUMBER: 05680094 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Bravium Ltd

Bravium Ltd (Registered number: 05680094)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bravium Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTOR: Mrs A J Martin





SECRETARY: Mrs A J Martin





REGISTERED OFFICE: Elsich Manor
Seifton
Ludlow
Shropshire
SY8 2DL





REGISTERED NUMBER: 05680094 (England and Wales)





ACCOUNTANTS: Ency Associates
Chartered Certified Accountants
Printware Court
Cumberland Business Centre
Northumberland Road
Portsmouth
Hampshire
PO5 1DS

Bravium Ltd (Registered number: 05680094)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,193 110

CURRENT ASSETS
Cash at bank 1 78

CREDITORS
Amounts falling due within one year 5 177,281 161,529
NET CURRENT LIABILITIES (177,280 ) (161,451 )
TOTAL ASSETS LESS CURRENT LIABILITIES (176,087 ) (161,341 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (176,187 ) (161,441 )
SHAREHOLDERS' FUNDS (176,087 ) (161,341 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Bravium Ltd (Registered number: 05680094)

Balance Sheet - continued
31 January 2024


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 22 October 2024 and were signed by:





Mrs A J Martin - Director


Bravium Ltd (Registered number: 05680094)

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

1. STATUTORY INFORMATION

Bravium Ltd 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.

The financial statements have been prepared on the going concern basis. The director has loans to the company totalling £176,668 at the year end and as the director has committed to support the company, these amounts will not be withdrawn during the next twelve months, following the date of approval of the financial statements, unless the company is in the financial position to do so, having first covered all liabilities as they fall due.

The director has considered a period of at least twelve months from the date of his report and taking into account the actions above, the company will be able to continue to meet its debts as they fall due.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & machinery - 25% on reducing balance
Computer equipment - 33% on cost

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.


Bravium Ltd (Registered number: 05680094)

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

2. ACCOUNTING POLICIES - continued
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 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant & Computer
machinery equipment Totals
£    £    £   
COST
At 1 February 2023 821 2,712 3,533
Additions - 1,790 1,790
Disposals (821 ) (1,192 ) (2,013 )
At 31 January 2024 - 3,310 3,310
DEPRECIATION
At 1 February 2023 711 2,712 3,423
Charge for year - 597 597
Eliminated on disposal (711 ) (1,192 ) (1,903 )
At 31 January 2024 - 2,117 2,117
NET BOOK VALUE
At 31 January 2024 - 1,193 1,193
At 31 January 2023 110 - 110

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Taxation and social security 28 32
Other creditors 177,253 161,497
177,281 161,529

Bravium Ltd (Registered number: 05680094)

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

6. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs A J Martin.