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REGISTERED NUMBER: 07743662 (England and Wales)











Financial Statements

for the Year Ended 31 March 2025

for

Bravo Print Limited

Bravo Print Limited (Registered number: 07743662)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Bravo Print Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: R Burnett
J A Burnett



REGISTERED OFFICE: Raeburn Road South
Ipswich
Suffolk
IP3 0ET



REGISTERED NUMBER: 07743662 (England and Wales)



ACCOUNTANTS: Knights Lowe Ltd
Chartered Accountants
Crane Court
302 London Road
Ipswich
Suffolk
IP2 0AJ



BANKERS: Lloyds Bank
13 Cornhill
Ipswich
Suffolk
IP1 1DG

Bravo Print Limited (Registered number: 07743662)

Statement of Financial Position
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 6,002 8,002
Tangible assets 5 777,319 891,586
783,321 899,588

CURRENT ASSETS
Stocks 23,031 21,498
Debtors 6 411,670 325,924
Cash at bank and in hand 67,520 88,299
502,221 435,721
CREDITORS
Amounts falling due within one year 7 724,855 574,797
NET CURRENT LIABILITIES (222,634 ) (139,076 )
TOTAL ASSETS LESS CURRENT LIABILITIES 560,687 760,512

CREDITORS
Amounts falling due after more than one
year

8

(280,908

)

(544,744

)

PROVISIONS FOR LIABILITIES (194,330 ) (156,476 )
NET ASSETS 85,449 59,292

CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Retained earnings 84,449 58,292
SHAREHOLDERS' FUNDS 85,449 59,292

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Print Limited (Registered number: 07743662)

Statement of Financial Position - continued
31 March 2025


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 7 August 2025 and were signed on its behalf by:





R Burnett - Director


Bravo Print Limited (Registered number: 07743662)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Bravo Print 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on reducing balance and 10% on cost
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable and loans with related parties.

Debt instruments that are payable or receivable within one year, such as trade payables or receivables, are measured at the undiscounted amount of the cash or other consideration expected to be paid or received. Debt instruments that are repayable or receivable after one year are initially measured at the present value of the future cash flows and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each financial year for evidence of impairment. If objective evidence of impairment is found an impairment loss is recognised in the Income Statement.


Bravo Print Limited (Registered number: 07743662)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued
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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2024 - 23 ) .

Bravo Print Limited (Registered number: 07743662)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 70,000
AMORTISATION
At 1 April 2024 61,998
Amortisation for year 2,000
At 31 March 2025 63,998
NET BOOK VALUE
At 31 March 2025 6,002
At 31 March 2024 8,002

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2024
and 31 March 2025 1,128,350 5,052 17,455 18,484 1,169,341
DEPRECIATION
At 1 April 2024 243,355 2,800 13,571 18,029 277,755
Charge for year 112,749 338 971 209 114,267
At 31 March 2025 356,104 3,138 14,542 18,238 392,022
NET BOOK VALUE
At 31 March 2025 772,246 1,914 2,913 246 777,319
At 31 March 2024 884,995 2,252 3,884 455 891,586

Bravo Print Limited (Registered number: 07743662)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1 April 2024
and 31 March 2025 1,000,000
DEPRECIATION
At 1 April 2024 200,000
Charge for year 100,000
At 31 March 2025 300,000
NET BOOK VALUE
At 31 March 2025 700,000
At 31 March 2024 800,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 380,020 296,659
Other debtors 31,650 29,265
411,670 325,924

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 44,000 44,000
Hire purchase contracts 219,836 198,197
Trade creditors 347,745 279,927
Amounts owed to group undertakings 42,361 20,000
Taxation and social security 55,832 18,011
Other creditors 15,081 14,662
724,855 574,797

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans 18,333 62,333
Hire purchase contracts 262,575 482,411
280,908 544,744

Bravo Print Limited (Registered number: 07743662)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

9. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Hire purchase contracts 482,411 680,608

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
1,000 Ordinary £1 1,000 1,000