Bravo Post Production Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 03551619 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST JULY 2015

FOR

BRAVO POST PRODUCTION LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr J Bravo

Mrs T Bravo

REGISTERED OFFICE:

Mercury House

19/21 Chapel Street

Marlow

Bucks

SL7 3HN

REGISTERED NUMBER:

03551619 (England and Wales)

ACCOUNTANTS:

Richardson Jones

Chartered Accountants

Mercury House

19-21 Chapel Street

Marlow

Buckinghamshire

SL7 3HN

FIXED ASSETS

Tangible assets

2

30,120

36,309

CURRENT ASSETS

Stocks

14,051

9,148

Debtors

243,370

161,339

Cash at bank and in hand

13,669

82,215

271,090

252,702

CREDITORS

Amounts falling due within one year

68,119

76,365

NET CURRENT ASSETS

202,971

176,337

TOTAL ASSETS LESS CURRENT LIABILITIES

233,091

212,646

PROVISIONS FOR LIABILITIES

1,287

-

NET ASSETS

231,804

212,646

CAPITAL AND RESERVES

Called up share capital

3

5,263

5,263

Share premium

4,737

4,737

Profit and loss account

221,804

202,646

SHAREHOLDERS' FUNDS

231,804

212,646

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 19th December 2015 and were signed on its behalf by:

Mr J Bravo - Director

Mrs T Bravo - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

The turnover shown in the profit and loss account represents amount invoiced in the year, exclusive of VAT.

Income is recognised as activities progress, including estimates of amounts not yet invoiced.

Tangible fixed assets

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

Plant and machinery

-

Straight line over 7 years

Computer equipment

-

20% on cost

Stocks

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

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st August 2014

180,600

Additions

5,195

At 31st July 2015

185,795

DEPRECIATION

At 1st August 2014

144,291

Charge for year

11,384

At 31st July 2015

155,675

NET BOOK VALUE

At 31st July 2015

30,120

At 31st July 2014

36,309

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.15

31.7.14

value:

£

£

5,263

Ordinary

£1

5,263

5,263