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REGISTERED NUMBER: 12602289 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024

FOR

BRAVO INVESTMENT RE LIMITED

BRAVO INVESTMENT RE LIMITED (REGISTERED NUMBER: 12602289)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BRAVO INVESTMENT RE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DIRECTORS: A Demol
M Shore





REGISTERED OFFICE: 120 Finchley Road
London
NW3 5JB





REGISTERED NUMBER: 12602289 (England and Wales)





ACCOUNTANTS: Nagler Simmons
Chartered Accountants
5 Beaumont Gate
Shenley Hill
Radlett
WD7 7AR

BRAVO INVESTMENT RE LIMITED (REGISTERED NUMBER: 12602289)

BALANCE SHEET
31ST MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 317 709
Investments 5 5,500 -
5,817 709

CURRENT ASSETS
Debtors 6 156,917 13,900
Cash at bank 2,082 -
158,999 13,900
CREDITORS
Amounts falling due within one year 7 345,955 27,890
NET CURRENT LIABILITIES (186,956 ) (13,990 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(181,139

)

(13,281

)

CREDITORS
Amounts falling due after more than
one year

8

-

325,000
NET LIABILITIES (181,139 ) (338,281 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (181,239 ) (338,381 )
(181,139 ) (338,281 )

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

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

BRAVO INVESTMENT RE LIMITED (REGISTERED NUMBER: 12602289)

BALANCE SHEET - continued
31ST MARCH 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18th March 2025 and were signed on its behalf by:





M Shore - Director


BRAVO INVESTMENT RE LIMITED (REGISTERED NUMBER: 12602289)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024

1. STATUTORY INFORMATION

Bravo Investment RE 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.

Preparation of consolidated financial statements
The financial statements contain information about Bravo Investment RE Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


BRAVO INVESTMENT RE LIMITED (REGISTERED NUMBER: 12602289)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Going concern
The directors have considered current and future cash flow and consider it wholly appropriate to prepare the accounts on a going concern basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st April 2023
and 31st March 2024 1,564
DEPRECIATION
At 1st April 2023 855
Charge for year 392
At 31st March 2024 1,247
NET BOOK VALUE
At 31st March 2024 317
At 31st March 2023 709

BRAVO INVESTMENT RE LIMITED (REGISTERED NUMBER: 12602289)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 5,500
At 31st March 2024 5,500
NET BOOK VALUE
At 31st March 2024 5,500

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 9,600 13,800
Amounts owed by associates 17,500 -
Other debtors 129,817 100
156,917 13,900

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts - 1,340
Trade creditors 29,359 10,200
Amounts owed to group undertakings 41,544 -
Amounts owed to associates 92,655 -
Taxation and social security 7,594 50
Other creditors 174,803 16,300
345,955 27,890

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Other creditors - 325,000

9. LEASING AGREEMENTS
At 31 March 2024 the company had total commitments under a non-cancellable operating lease over the remaining life of that lease of £295,000 (2023-£nil)

BRAVO INVESTMENT RE LIMITED (REGISTERED NUMBER: 12602289)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st March 2024 and 31st March 2023:

31.3.24 31.3.23
£    £   
A Demol
Balance outstanding at start of year - -
Amounts advanced 119,000 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 119,000 -

The £119,000 interest free loan due from A Demol, within other debtors, wa fully repaid by
31 December 2024.

11. ULTIMATE CONTROLLING PARTY

The controlling party is A Demol.