Bracebeam Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2

Registered number: 07893767

		2024		2023
	Notes	€	€	€	€
CURRENT ASSETS
Debtors	4	447,819		517,663
Cash at bank and in hand		93,887		127,225

		541,706		644,888
Creditors: Amounts Falling Due Within One Year	5	(991 )		(991 )

NET CURRENT ASSETS (LIABILITIES)			540,715		643,897

TOTAL ASSETS LESS CURRENT LIABILITIES			540,715		643,897

Creditors: Amounts Falling Due After More Than One Year	6		(1,519,361 )		(1,613,076 )

NET LIABILITIES			(978,646 )		(969,179 )

CAPITAL AND RESERVES
Called up share capital	7		2		2
Profit and Loss Account			(978,648 )		(969,181 )

SHAREHOLDERS' FUNDS			(978,646)		(969,179)

For the year ending 31 December 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.

On behalf of the board

Mr Iosif Vrachimis

Director

27/08/2025

The notes on page 2 form part of these financial statements.

1. General Information

Bracebeam Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07893767 . The registered office is 2nd Floor 9 Chapel Place, London, EC2A 3DQ.

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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2023: 2)

4. Debtors

	2024	2023
	€	€
Due within one year
Prepayments and accrued income	2,319	1,451
Other debtors	-	28,541

	2,319	29,992
Due after more than one year
Other debtors (1)	90,000	90,000
Other debtors (2)	22,500	18,000
Other debtors (3)	90,000	90,000
Other debtors (4)	22,500	18,000
Other debtors (5)	90,000	90,000
Other debtors (6)	22,500	18,000
Other debtors (7)	90,000	90,000
Other debtors (8)	18,000	13,500
Directors loan account	-	60,171

	445,500	487,671

	447,819	517,663

5. Creditors: Amounts Falling Due Within One Year

	2024	2023
	€	€
Trade creditors	1	1
Accruals and deferred income	990	990

	991	991

6. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	€	€
Amounts owed to associates	1,519,361	1,613,076

7. Share Capital

	2024	2023
	€	€
Allotted, Called up and fully paid	2	2