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REGISTERED NUMBER: 13041212 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

NAVSA INTERNATIONAL LIMITED

NAVSA INTERNATIONAL LIMITED (REGISTERED NUMBER: 13041212)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NAVSA INTERNATIONAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2023







DIRECTOR: Mr B Modha





SECRETARY: Rf Secretaries Limited





REGISTERED OFFICE: Unit 18 Fairbourne Drive
Atterbury Lakes
Milton Keynes
Buckinghamshire
MK10 9RG





REGISTERED NUMBER: 13041212 (England and Wales)





ACCOUNTANTS: Ad Valorem Accountancy Services Limited
Chartered Certified Accountants
2 Manor Farm Court
Old Wolverton Road
Old Wolverton
Buckinghamshire
MK12 5NN

NAVSA INTERNATIONAL LIMITED (REGISTERED NUMBER: 13041212)

BALANCE SHEET
30 SEPTEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 10,152 -
Tangible assets 5 9,831 8,633
19,983 8,633

CURRENT ASSETS
Stocks 274,114 211,055
Debtors 6 333,134 373,421
Cash at bank 159,094 256,886
766,342 841,362
CREDITORS
Amounts falling due within one year 7 223,354 433,341
NET CURRENT ASSETS 542,988 408,021
TOTAL ASSETS LESS CURRENT
LIABILITIES

562,971

416,654

CREDITORS
Amounts falling due after more than one
year

8

85,967

115,834
NET ASSETS 477,004 300,820

CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Retained earnings 476,004 299,820
SHAREHOLDERS' FUNDS 477,004 300,820

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 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.

NAVSA INTERNATIONAL LIMITED (REGISTERED NUMBER: 13041212)

BALANCE SHEET - continued
30 SEPTEMBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 October 2023 and were signed by:





Mr B Modha - Director


NAVSA INTERNATIONAL LIMITED (REGISTERED NUMBER: 13041212)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023


1. STATUTORY INFORMATION

Navsa International 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

INTANGIBLE ASSETS
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of ten years.

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 - 25% on cost
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

TAXATION
Taxation for the year comprises current tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

NAVSA INTERNATIONAL LIMITED (REGISTERED NUMBER: 13041212)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
Additions 11,280
At 30 September 2023 11,280
AMORTISATION
Charge for year 1,128
At 30 September 2023 1,128
NET BOOK VALUE
At 30 September 2023 10,152

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 October 2022 8,600 1,055 1,971 11,626
Additions - - 5,562 5,562
At 30 September 2023 8,600 1,055 7,533 17,188
DEPRECIATION
At 1 October 2022 1,563 129 1,301 2,993
Charge for year 2,150 211 2,003 4,364
At 30 September 2023 3,713 340 3,304 7,357
NET BOOK VALUE
At 30 September 2023 4,887 715 4,229 9,831
At 30 September 2022 7,037 926 670 8,633

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 213,394 238,307
Other debtors 119,740 135,114
333,134 373,421

NAVSA INTERNATIONAL LIMITED (REGISTERED NUMBER: 13041212)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 29,285 26,055
Trade creditors 123,711 313,128
Taxation and social security 61,120 69,115
Other creditors 9,238 25,043
223,354 433,341

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 85,967 115,834

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1,000 Ordinary 1 1,000 1,000