Brevity It Solutions Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 11094737 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

Brevity It Solutions Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Jaikiran Keerthi

SECRETARY:

REGISTERED OFFICE:

18 Barnsley Close

Swindon

England

SN25 2TU

REGISTERED NUMBER:

11094737 (England and Wales)

ACCOUNTANTS:

MSR GROUP LTD

MSR House

329 Ley Street

Ilford

Essex

IG1 4AA

FIXED ASSETS

Tangible assets

4

1,040

CURRENT ASSETS

Debtors

5

26,594

33,440

Cash at bank

57

118

26,651

33,558

CREDITORS

Amounts falling due within one year

6

6,031

6,032

NET CURRENT ASSETS

20,620

27,526

TOTAL ASSETS LESS CURRENT
LIABILITIES

21,660

28,566

CREDITORS

Amounts falling due after more than one year

7

16,772

23,155

NET ASSETS

4,888

5,411

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

4,788

5,311

SHAREHOLDERS' FUNDS

4,888

5,411

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 director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 December 2025 and were signed by:

Jaikiran Keerthi - Director

1.	STATUTORY INFORMATION

Brevity It Solutions Ltd 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.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

2,216

DEPRECIATION

At 1 January 2024

and 31 December 2024

1,176

NET BOOK VALUE

At 31 December 2024

1,040

At 31 December 2023

1,040

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Other debtors

26,594

33,440

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade creditors

-

1

Taxation and social security

5,971

Other creditors

60

6,031

6,032

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.24

31.12.23

£

Bank loans

16,772

23,155

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

16,772

23,155