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REGISTERED NUMBER: 12452734 (England and Wales)















BRIGHT INNOVATION GROUP LIMITED

Unaudited Financial Statements for the Year Ended 29 February 2024






BRIGHT INNOVATION GROUP LIMITED (REGISTERED NUMBER: 12452734)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BRIGHT INNOVATION GROUP LIMITED

Company Information
for the Year Ended 29 February 2024







DIRECTORS: J S Dubb
I Dubb





REGISTERED OFFICE: 59-61 Charlotte Street
St Pauls Square
Bimingham
West Midlands
B3 1PX





REGISTERED NUMBER: 12452734 (England and Wales)





ACCOUNTANTS: Michael Dufty Partnership Limited
59-61 Charlotte Street
St Pauls Square
Birmingham
West Midlands
B3 1PX

BRIGHT INNOVATION GROUP LIMITED (REGISTERED NUMBER: 12452734)

Balance Sheet
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 3,000 3,000

CURRENT ASSETS
Debtors 5 264,696 217,276
Cash in hand 1,000 1,000
265,696 218,276
CREDITORS
Amounts falling due within one year 6 191,771 191,771
NET CURRENT ASSETS 73,925 26,505
TOTAL ASSETS LESS CURRENT
LIABILITIES

76,925

29,505

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 75,925 28,505
76,925 29,505

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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 28 November 2024 and were signed on its behalf by:



J S Dubb - Director



I Dubb - Director


BRIGHT INNOVATION GROUP LIMITED (REGISTERED NUMBER: 12452734)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Bright Innovation 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 March 2023
and 29 February 2024 3,000
NET BOOK VALUE
At 29 February 2024 3,000
At 28 February 2023 3,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 264,696 217,276

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,199 1,199
Other creditors 190,572 190,572
191,771 191,771