Company Registration No. 09207327 (England and Wales)
Bravo Security Limited
Unaudited accounts
for the year ended 30 September 2017
Bravo Security Limited
Unaudited accounts
Contents
Bravo Security Limited
Company Information
for the year ended 30 September 2017
Company Number
09207327 (England and Wales)
Registered Office
Dalton House
60 Windsor Avenue
London
SW19 2RR
Accountants
Rustrick Accountants Limited
3 Greystones Road
Bearsted
Maidstone
Kent
ME15 8PD
Bravo Security Limited
Statement of financial position
as at 30 September 2017
Tangible assets
1,609
2,145
Cash at bank and in hand
-
403
Creditors: amounts falling due within one year
(7,216)
(8,560)
Net current liabilities
(6,038)
(6,979)
Net liabilities
(4,429)
(4,834)
Called up share capital
1
1
Profit and loss account
(4,929)
(5,334)
Shareholders' funds
(4,429)
(4,834)
For the year ending 30 September 2017 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 director acknowledges his 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.
Approved by the Board on 30 June 2018.
CG Ionica
Director
Company Registration No. 09207327
Bravo Security Limited
Notes to the Accounts
for the year ended 30 September 2017
Bravo Security Limited is a private company, limited by shares, registered in England and Wales, registration number 09207327. The registered office is Dalton House, 60 Windsor Avenue, London, SW19 2RR.
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.
These financial statements for the year ended 30 September 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
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 is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% written down value
Bravo Security Limited
Notes to the Accounts
for the year ended 30 September 2017
4
Tangible fixed assets
Motor vehicles
At 30 September 2017
2,860
At 30 September 2017
1,251
At 30 September 2017
1,609
At 30 September 2016
2,145
Finished goods
1,178
1,178
6
Creditors: amounts falling due within one year
2017
2016
Bank loans and overdrafts
1,972
-
Taxes and social security
1,731
-
Loans from directors
2,913
7,960
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan to company
7,960
-
5,047
2,913
The ultimate controlling party is CG Ionica due to his shareholding.
Bravo Security Limited
Notes to the Accounts
for the year ended 30 September 2017
10
Average number of employees
During the year the average number of employees was 1 (2016: 0).
