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REGISTERED NUMBER: 14274705 (England and Wales)















Unaudited Financial Statements

for the Period 3 August 2022 to 31 March 2023

for

Navigatx Limited

Navigatx Limited (Registered number: 14274705)






Contents of the Financial Statements
for the Period 3 August 2022 to 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Navigatx Limited

Company Information
for the Period 3 August 2022 to 31 March 2023







DIRECTORS: Mr D M Store
Mrs A K Store





REGISTERED OFFICE: Holm Oak House
Saunders Lane
Awbridge
Romsey
Hampshire
SO51 0GP





REGISTERED NUMBER: 14274705 (England and Wales)





ACCOUNTANTS: Don Roper Accountant Limited
Linden Lea
Allington Lane
West End
Southampton
Hampshire
SO30 3HQ

Navigatx Limited (Registered number: 14274705)

Balance Sheet
31 March 2023

Notes £    £   
FIXED ASSETS
Tangible assets 4 405

CURRENT ASSETS
Debtors 5 10,562
Cash at bank 80,315
90,877
CREDITORS
Amounts falling due within one year 6 26,027
NET CURRENT ASSETS 64,850
TOTAL ASSETS LESS CURRENT
LIABILITIES

65,255

CAPITAL AND RESERVES
Called up share capital 7 2
Retained earnings 8 65,253
SHAREHOLDERS' FUNDS 65,255

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2023 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.

Navigatx Limited (Registered number: 14274705)

Balance Sheet - continued
31 March 2023


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 Board of Directors and authorised for issue on 4 October 2023 and were signed on its behalf by:




Mr D M Store - Director



Mrs A K Store - Director


Navigatx Limited (Registered number: 14274705)

Notes to the Financial Statements
for the Period 3 August 2022 to 31 March 2023

1. STATUTORY INFORMATION

Navigatx Limited 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Taxation
Taxation for the period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

Navigatx Limited (Registered number: 14274705)

Notes to the Financial Statements - continued
for the Period 3 August 2022 to 31 March 2023

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
Additions 416
At 31 March 2023 416
DEPRECIATION
Charge for period 11
At 31 March 2023 11
NET BOOK VALUE
At 31 March 2023 405

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 8,985
VAT 1,577
10,562

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 4,490
Corporation tax 16,369
Directors' current accounts 3,668
Accrued expenses 1,500
26,027

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
2 Ordinary A £1 2

Navigatx Limited (Registered number: 14274705)

Notes to the Financial Statements - continued
for the Period 3 August 2022 to 31 March 2023

8. RESERVES
Retained
earnings
£   

Profit for the period 69,253
Dividends (4,000 )
At 31 March 2023 65,253

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 31 March 2023:

£   
Mr D M Store
Balance outstanding at start of period -
Amounts advanced 331
Amounts repaid (2,000 )
Amounts written off -
Amounts waived -
Balance outstanding at end of period (1,669 )

Mrs A K Store
Balance outstanding at start of period -
Amounts advanced 1
Amounts repaid (2,000 )
Amounts written off -
Amounts waived -
Balance outstanding at end of period (1,999 )

10. RELATED PARTY DISCLOSURES

The company was under the control of Mr M and Mrs A Store throughout the current period. Mr D and Mrs A Store are the managing directors and majority shareholders.

No transactions with related parties were undertaken such as are required to be disclosed under Section 1a (Small Entities) for Financial Reporting Standard 102.