NAVA CONTRACTS LIMITED

Company Registration Number:
SC622199 (Scotland)

Unaudited abridged accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

NAVA CONTRACTS LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2023

Balance sheet
Notes

NAVA CONTRACTS LIMITED

Balance sheet

As at 28 February 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 7,686 6,374
Total fixed assets: 7,686 6,374
Current assets
Debtors:   82,048 37,029
Cash at bank and in hand: 4,215 3,588
Total current assets: 86,263 40,617
Creditors: amounts falling due within one year: 4 (25,678) (3,377)
Net current assets (liabilities): 60,585 37,240
Total assets less current liabilities: 68,271 43,614
Provision for liabilities: (1,460) (1,211)
Total net assets (liabilities): 66,811 42,403
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 65,811 41,403
Shareholders funds: 66,811 42,403

The notes form part of these financial statements

NAVA CONTRACTS LIMITED

Balance sheet statements

For the year ending 28 February 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 November 2023
and signed on behalf of the board by:

Name: Stephen Gerard Mehigan
Status: Director

The notes form part of these financial statements

NAVA CONTRACTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

NAVA CONTRACTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

2. Employees

2023 2022
Average number of employees during the period 3 1

NAVA CONTRACTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Tangible Assets

Total
Cost £
At 01 March 2022 8,499
Additions 3,875
At 28 February 2023 12,374
Depreciation
At 01 March 2022 2,125
Charge for year 2,563
At 28 February 2023 4,688
Net book value
At 28 February 2023 7,686
At 28 February 2022 6,374

NAVA CONTRACTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Creditors: amounts falling due within one year note

Trade creditors 2023 - £4,734 2022 - £ 62Taxation and soc sec 15,429 3,315Total 25,678 3,377

NAVA CONTRACTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Loans to directors

Included within other debtors is £31,062 (2022 - £19,287) due by the director. During the year the director received a dividend of £43,000 (2022 - £43,000.