Company Registration No. 2396675 (England and Wales)
BRAVEBYTE LIMITED
Unaudited accounts
for the year ended 31 October 2025
BRAVEBYTE LIMITED
Unaudited accounts
Contents
BRAVEBYTE LIMITED
Company Information
for the year ended 31 October 2025
Directors
Mr Michael Segen
Mrs Yvonne Segen
Mrs Natasha Brodie
Secretary
Mr Michael Segen
Company Number
2396675 (England and Wales)
Registered Office
48 Beechcroft Road
Bushey
Herts
WD23 2JU
Accountants
Fielding Accountancy Services Ltd
48 Beechcroft Road
Bushey
Herts
WD23 2JU
BRAVEBYTE LIMITED
Statement of financial position
as at 31 October 2025
Tangible assets
1,385,759
1,422,375
Creditors: amounts falling due within one year
(232,314)
(165,216)
Net current liabilities
(167,960)
(91,143)
Total assets less current liabilities
1,217,799
1,331,232
Creditors: amounts falling due after more than one year
-
(71,464)
Provisions for liabilities
Deferred tax
(157,669)
(162,036)
Net assets
1,060,130
1,097,732
Called up share capital
20,000
20,000
Revaluation reserve
922,773
922,773
Profit and loss account
117,357
154,959
Shareholders' funds
1,060,130
1,097,732
For the year ending 31 October 2025 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 July 2026 and were signed on its behalf by
Mr Michael Segen
Director
Company Registration No. 2396675
BRAVEBYTE LIMITED
Notes to the Accounts
for the year ended 31 October 2025
BRAVEBYTE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 2396675. The registered office is 48 Beechcroft Road, Bushey, Herts, WD23 2JU.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
During the year ended 31st October 2018, the leasehold property was revalued by GVA Grimley Ltd at £1.230.000.
The valuation was in accordance with the IFRS 13 definition of Fair Value and as adopted by the IASB. The Director continues to believe that this value represents a true fair market value of the leasehold property.
During 2012 the Leasehold Interest was extended for a further 50 years
Land & buildings
Leasehold Property is amortised over the length of the lease.
Fixtures & fittings
This comprises Horses & Ponies
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
During the year ended 31st October 2018, the leasehold property was revalued by GVA Grimley Ltd at £1.230.000.
The valuation was in accordance with the IFRS 13 definition of Fair Value and as adopted by the IASB.
During 2012 the Leasehold Interest was extended for a further 50 years
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
No further Deferred Tax provision is required following the property revaluation as the original cost plus capitalised improvements to date would exceed the revaluation amount.
BRAVEBYTE LIMITED
Notes to the Accounts
for the year ended 31 October 2025
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
These statements have been prepared on a Going Concern basis.
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 November 2024
1,843,847
252,563
171,805
76,970
2,345,185
Additions
-
-
-
5,950
5,950
Disposals
-
-
-
(9,750)
(9,750)
At 31 October 2025
1,843,847
252,563
171,805
73,170
2,341,385
At 1 November 2024
667,506
175,095
49,511
30,698
922,810
Charge for the year
15,459
11,620
6,137
5,819
39,035
On disposals
-
-
-
(6,219)
(6,219)
At 31 October 2025
682,965
186,715
55,648
30,298
955,626
At 31 October 2025
1,160,882
65,848
116,157
42,872
1,385,759
At 31 October 2024
1,176,341
77,468
122,294
46,272
1,422,375
Raw materials
63,000
60,000
Stock comprises Haystock, Horsefeed and Bedding etc
BRAVEBYTE LIMITED
Notes to the Accounts
for the year ended 31 October 2025
Amounts falling due within one year
Other debtors
1,354
14,073
8
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
18,538
18,993
Obligations under finance leases and hire purchase contracts
-
22,392
Trade creditors
49,783
8,750
Taxes and social security
40,590
86,858
Other creditors
54,608
49,665
Loans from directors
64,195
(25,742)
9
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
-
53,220
Bank Loans include £18993 total business loan payable in instalments of which £nil falls due within 5 years.
Allotted, called up and fully paid:
20,000 Ordinary shares of £1 each
20,000
20,000
11
Transactions with related parties
During the year a Dividend was paid to a Director Mrs Y R Segen of £NIL (2024 £nil)
12
Average number of employees
During the year the average number of employees was 16 (2024: 16).