2024-02-01 2025-01-31 SC756318 FFT BRAVE SA LTD false SC756318 2024-02-01 2025-01-31 SC756318 uk-bus:Director1 2024-02-01 2025-01-31 SC756318 uk-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 SC756318 uk-bus:Micro-entities 2024-02-01 2025-01-31 SC756318 uk-bus:FullAccounts 2024-02-01 2025-01-31 SC756318 uk-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 SC756318 2024-02-01 SC756318 2025-01-31 SC756318 2024-01-31 xbrli:pure iso4217:GBP SC756318 2023-02-01 2024-01-31
Company Registration Number: SC756318 (Scotland)
SC756318
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2025-01-31
false
FFT BRAVE SA LTD
The accounts were prepared in accordance with FRS102
The accounts have been audited
Paul Scott O'CONNOR
2024-02-01
FFT BRAVE SA LTD
Unaudited Filleted Financial Statement
For the year ended 31 January 2025
FFT BRAVE SA LTD
Contents
For the year ended 31 January 2025
CONTENTS PAGE
Company Information 3
Statement of Financial Position 4 - 5
FFT BRAVE SA LTD
Company Information
For the year ended 31 January 2025
Directors Paul Scott O'connor
Brent Davanna Quinn
Company secretary Paul O'Connor
Company number SC756318
Registered office Clyde Offices, 2nd Floor
48 West George Street
Glasgow
G2 1BP
UK
Accountant
Paul O'Connor
Accountant
242 Bath Street
Glasgow
G2 4JR
UK
FFT BRAVE SA LTD
Statement of Financial Position
For the year ended 31 January 2025
2025-01-31
2025 2024
£ £
Fixed assets 1,260,000 1,260,000
Current assets 15,882 8,605
Creditors: Amounts falling due within one year (55,256) (54,609)
Net current assets/(liabilities) (39,375) (46,005)
Total assets less current liabilities 1,220,625 1,213,995
Creditors: Amounts falling due more than one year (1,300,686) (1,347,134)
Net assets/(liabilities) (80,061) (133,138)
Capital and reserves (80,061) (133,138)
(1) General information
The company is a private company limited by shares and is registered in Scotland. The address of the registered office is Clyde Offices, 2nd Floor, 48 West George Street, Glasgow, G2 1BP.

(2) Directors advances, credit and guarantees
Statement of Directors' Advances, Credits and Guarantees
As disclosed in the Balance Sheet, the Directors provided long-term unsecured loans to the company to facilitate its property acquisition and business operations. These balances represent credits (advances to the company) from the directors.

The amounts outstanding to the Directors at the year end are as follows:

Director

Balance at 31 January 2025

Type of Transaction

Brent Quinn

£206,880.08

Director's Loan (Credit to Company)

Paul O'Connor

£151,057.20

Director's Loan (Credit to Company)

Total

£357,937.28



These loans are classified as Creditors due after one year, indicating they are long-term finance for the business. No material guarantees have been given or received by the Directors in relation to third-party facilities during the year, other than those typically required in relation to the company's secured property financing.

(3) Average number of employees
During the year, the average number of employees including director was 2 (2024:2).

(4) Transition to FRS 105
For the year ending 31/01/2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • For the year ending 31 January 2025 the company was entitled to exemption 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. 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 in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board of directors on 11 October 2024 and signed on behalf of the board by: 2024-10-11
.............................
Paul Scott O'connor (Director)
Company registration number. SC756318