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REGISTERED NUMBER: 07115956 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Braven Consulting Ltd

Braven Consulting Ltd (Registered number: 07115956)






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


Braven Consulting Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTOR: J J Bravo-Rubio





REGISTERED OFFICE: Second Floor
2 Walsworth Road
Hitchin
Hertfordshire
SG4 9SP





REGISTERED NUMBER: 07115956 (England and Wales)





ACCOUNTANTS: D and E Accountancy Ltd
Tax Advisors and Accountants
2nd Floor, 2 Walsworth Road
Hitchin
Hertfordshire
SG4 9SP

Braven Consulting Ltd (Registered number: 07115956)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 26,283 1,926
Investment property 5 174,699 174,699
200,982 176,625

CURRENT ASSETS
Debtors 6 613,523 617,428
Cash at bank 194,085 125,728
807,608 743,156
CREDITORS
Amounts falling due within one year 7 274,798 300,217
NET CURRENT ASSETS 532,810 442,939
TOTAL ASSETS LESS CURRENT
LIABILITIES

733,792

619,564

PROVISIONS FOR LIABILITIES 8 8,117 366
NET ASSETS 725,675 619,198

CAPITAL AND RESERVES
Called up share capital 9 5 5
Retained earnings 10 725,670 619,193
SHAREHOLDERS' FUNDS 725,675 619,198

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 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.

Braven Consulting Ltd (Registered number: 07115956)

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 31 October 2024 and were signed by:





J J Bravo-Rubio - Director


Braven Consulting Ltd (Registered number: 07115956)

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

1. STATUTORY INFORMATION

Braven Consulting 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.

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.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 20% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Braven Consulting Ltd (Registered number: 07115956)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 February 2023 3,428 8,528 11,956
Additions - 30,927 30,927
At 31 January 2024 3,428 39,455 42,883
DEPRECIATION
At 1 February 2023 2,742 7,288 10,030
Charge for year 137 6,433 6,570
At 31 January 2024 2,879 13,721 16,600
NET BOOK VALUE
At 31 January 2024 549 25,734 26,283
At 31 January 2023 686 1,240 1,926

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023
and 31 January 2024 174,699
NET BOOK VALUE
At 31 January 2024 174,699
At 31 January 2023 174,699

6. DEBTORS
31.1.24 31.1.23
£    £   
Amounts falling due within one year:
Trade debtors 12,500 12,500

Amounts falling due after more than one year:
Amounts owed by associates 601,023 604,928

Aggregate amounts 613,523 617,428

Braven Consulting Ltd (Registered number: 07115956)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 48 301
Taxation and social security 95,654 150,625
Other creditors 179,096 149,291
274,798 300,217

8. PROVISIONS FOR LIABILITIES
31.1.24 31.1.23
£    £   
Deferred tax 8,117 366

Deferred
tax
£   
Balance at 1 February 2023 366
Charge to Income Statement during year 7,751
Balance at 31 January 2024 8,117

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
1 Ordinary £1 1 1
1 Ordinary A £1 1 1
3 Ordinary B and Ordinary C £1 3 3
5 5

10. RESERVES
Retained
earnings
£   

At 1 February 2023 619,193
Profit for the year 106,477
At 31 January 2024 725,670