IRIS Accounts Production v24.1.4.33 07347764 Board of Directors Board of Directors 1.1.24 31.12.24 31.12.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh073477642023-12-31073477642024-12-31073477642024-01-012024-12-31073477642022-12-31073477642023-01-012023-12-31073477642023-12-3107347764ns15:EnglandWales2024-01-012024-12-3107347764ns14:PoundSterling2024-01-012024-12-3107347764ns10:Director12024-01-012024-12-3107347764ns10:Director22024-01-012024-12-3107347764ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3107347764ns10:SmallEntities2024-01-012024-12-3107347764ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3107347764ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3107347764ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3107347764ns10:FullAccounts2024-01-012024-12-3107347764ns10:OrdinaryShareClass12024-01-012024-12-3107347764ns10:RegisteredOffice2024-01-012024-12-3107347764ns5:CurrentFinancialInstruments2024-12-3107347764ns5:CurrentFinancialInstruments2023-12-3107347764ns5:Non-currentFinancialInstruments2024-12-3107347764ns5:Non-currentFinancialInstruments2023-12-3107347764ns5:ShareCapital2024-12-3107347764ns5:ShareCapital2023-12-3107347764ns5:RetainedEarningsAccumulatedLosses2024-12-3107347764ns5:RetainedEarningsAccumulatedLosses2023-12-3107347764ns5:FurnitureFittings2024-01-012024-12-3107347764ns5:MotorVehicles2024-01-012024-12-3107347764ns5:ComputerEquipment2024-01-012024-12-3107347764ns5:FurnitureFittings2023-12-3107347764ns5:MotorVehicles2023-12-3107347764ns5:ComputerEquipment2023-12-3107347764ns5:FurnitureFittings2024-12-3107347764ns5:MotorVehicles2024-12-3107347764ns5:ComputerEquipment2024-12-3107347764ns5:FurnitureFittings2023-12-3107347764ns5:MotorVehicles2023-12-3107347764ns5:ComputerEquipment2023-12-3107347764ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-12-3107347764ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3107347764ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2024-12-3107347764ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-12-3107347764ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-12-3107347764ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-12-3107347764ns5:Secured2024-12-3107347764ns5:Secured2023-12-3107347764ns10:OrdinaryShareClass12024-12-31
REGISTERED NUMBER: 07347764 (England and Wales)


















BRAVURA FOODS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024






BRAVURA FOODS LIMITED (REGISTERED NUMBER: 07347764)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BRAVURA FOODS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: L M Gawthorne
K J S Morris





REGISTERED OFFICE: Elfed House
Oak Tree Court
Cardiff Gate Business Park
CARDIFF
County of Cardiff
CF23 8RS





REGISTERED NUMBER: 07347764 (England and Wales)





ACCOUNTANTS: MHA (trading name of MHA Advisory Limited)
Elfed House
Oak Tree Court
Cardiff Gate Business Park
CARDIFF
County of Cardiff
CF23 8RS

BRAVURA FOODS LIMITED (REGISTERED NUMBER: 07347764)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 39,523 52,950

CURRENT ASSETS
Stocks 440,582 438,685
Debtors 5 633,609 609,995
Cash at bank 300,571 80,816
1,374,762 1,129,496
CREDITORS
Amounts falling due within one year 6 (1,169,237 ) (903,148 )
NET CURRENT ASSETS 205,525 226,348
TOTAL ASSETS LESS CURRENT
LIABILITIES

245,048

279,298

CREDITORS
Amounts falling due after more than one
year

7

(66,547

)

(133,949

)

PROVISIONS FOR LIABILITIES (9,881 ) (13,238 )
NET ASSETS 168,620 132,111

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 168,520 132,011
SHAREHOLDERS' FUNDS 168,620 132,111

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

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

BRAVURA FOODS LIMITED (REGISTERED NUMBER: 07347764)

BALANCE SHEET - continued
31 DECEMBER 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 June 2025 and were signed on its behalf by:




K J S Morris - Director



L M Gawthorne - Director


BRAVURA FOODS LIMITED (REGISTERED NUMBER: 07347764)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

Bravura Foods 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 company's functional and presentational currency in the financial statements is Sterling (£), rounded to the nearest pound.

The significant accounting policies applied in the presentation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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.

There have been no material departures from Financial Reporting Standard 102 1A.

Turnover
Turnover represents amounts billed in respect of the supply of confectionery, baking ingredients and vitamin, herbal and mineral supplements during the year, excluding value added tax.

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 cost
Motor vehicles - 25% on reducing balance
Computer equipment - 10 - 33% on cost

Stocks
Stocks are valued at the lower of cost and net selling price less costs to sell, after making due allowance for obsolete and slow moving items.

Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the year and is calculated using the tax rates and laws that have been enacted or substantively enacted at 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.

Financing of trade debtors
The company has assigned trade debtors to a factoring company. Sales financing charges are recognised as they accrue and included in the profit and loss account under finance costs.

Employee benefits
When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

BRAVURA FOODS LIMITED (REGISTERED NUMBER: 07347764)

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


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
Fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2024
and 31 December 2024 650 51,991 14,457 67,098
DEPRECIATION
At 1 January 2024 650 1,083 12,415 14,148
Charge for year - 12,727 700 13,427
At 31 December 2024 650 13,810 13,115 27,575
NET BOOK VALUE
At 31 December 2024 - 38,181 1,342 39,523
At 31 December 2023 - 50,908 2,042 52,950

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 598,060 554,199
Other debtors - 24,727
Prepayments and accrued income 35,549 31,069
633,609 609,995

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 61,243 57,259
Hire purchase contracts 6,204 5,596
Trade creditors 482,906 275,695
Factoring account 392,341 342,157
Corporation tax 58,968 62,477
Social security and other taxes 4,928 10,995
VAT 132,382 113,599
Other creditors 6,997 9,534
Directors' current accounts 9,806 11,974
Accruals and deferred income 13,462 13,862
1,169,237 903,148

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 32,246 61,243
Bank loans - 2-5 years - 32,200
Hire purchase contracts 34,301 40,506
66,547 133,949

BRAVURA FOODS LIMITED (REGISTERED NUMBER: 07347764)

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


8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Factoring account 392,341 342,157
Hire purchase contracts 40,505 46,102
432,846 388,259

The factoring debt is secured by way of fixed and floating charges over the company's assets.

The hire purchase contracts are secured on the assets to which they relate.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100