Acorah Software Products - Accounts Production 16.2.850 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 04755958 R Srinivasan S Thyagarajan R Srinivasan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04755958 2023-07-31 04755958 2024-07-31 04755958 2023-08-01 2024-07-31 04755958 frs-core:CurrentFinancialInstruments 2024-07-31 04755958 frs-core:FurnitureFittings 2023-08-01 2024-07-31 04755958 frs-core:InvestmentPropertyIncludedWithinPPE 2024-07-31 04755958 frs-core:InvestmentPropertyIncludedWithinPPE 2023-08-01 2024-07-31 04755958 frs-core:InvestmentPropertyIncludedWithinPPE 2023-07-31 04755958 frs-core:PlantMachinery 2024-07-31 04755958 frs-core:PlantMachinery 2023-08-01 2024-07-31 04755958 frs-core:PlantMachinery 2023-07-31 04755958 frs-core:ShareCapital 2024-07-31 04755958 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 04755958 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 04755958 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 04755958 frs-bus:SmallEntities 2023-08-01 2024-07-31 04755958 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 04755958 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 04755958 frs-bus:Director1 2023-08-01 2024-07-31 04755958 frs-bus:Director2 2023-08-01 2024-07-31 04755958 frs-bus:CompanySecretary1 2023-08-01 2024-07-31 04755958 frs-countries:EnglandWales 2023-08-01 2024-07-31 04755958 2022-07-31 04755958 2023-07-31 04755958 2022-08-01 2023-07-31 04755958 frs-core:CurrentFinancialInstruments 2023-07-31 04755958 frs-core:ShareCapital 2023-07-31 04755958 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 04755958
BRV Technologies Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
PKW Accountancy Limited
Second Floor
1 Church Square
Leighton Buzzard
Bedfordshire
LU7 1AE
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 04755958
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 273,176 273,460
273,176 273,460
CURRENT ASSETS
Debtors 5 1,467,762 1,515,254
Cash at bank and in hand 124,356 72,820
1,592,118 1,588,074
Creditors: Amounts Falling Due Within One Year 6 (697,048 ) (693,251 )
NET CURRENT ASSETS (LIABILITIES) 895,070 894,823
TOTAL ASSETS LESS CURRENT LIABILITIES 1,168,246 1,168,283
NET ASSETS 1,168,246 1,168,283
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 1,168,146 1,168,183
SHAREHOLDERS' FUNDS 1,168,246 1,168,283
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
The financial statements were approved by the board of directors on 25 April 2025 and were signed on its behalf by:
S Thyagarajan
Director
25th April 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
BRV Technologies Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04755958 . The registered office is 74 Faraday Drive, Shenley Lodge, Milton Keynes, Buckinghamshire, MK5 7HQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Investment Properties Plant & Machinery etc. Total
£ £ £
Cost or Valuation
As at 1 August 2023 272,319 98,755 371,074
As at 31 July 2024 272,319 98,755 371,074
Depreciation
As at 1 August 2023 - 97,614 97,614
Provided during the period - 284 284
As at 31 July 2024 - 97,898 97,898
Net Book Value
As at 31 July 2024 272,319 857 273,176
As at 1 August 2023 272,319 1,141 273,460
The investment property was valued on an open market basis on 31 July 2024 by the directors.
Page 2
Page 3
5. Debtors
2024 2023
£ £
Due within one year
Amounts owed by participating interests 1,467,762 1,501,660
Other debtors - 13,594
1,467,762 1,515,254
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 581,604 588,719
Other creditors 99,554 92,083
Taxation and social security 15,890 12,449
697,048 693,251
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3