2021-12-01 07829838 2022-11-30 07829838 2021-12-01 2022-11-30 07829838 2021-11-30 07829838 2020-12-01 2021-11-30 07829838 uk-core:WithinOneYear 2021-11-30 07829838 uk-core:WithinOneYear 2022-11-30 07829838 uk-core:AfterOneYear 2021-11-30 07829838 uk-core:AfterOneYear 2022-11-30 07829838 uk-core:ShareCapital 2022-11-30 07829838 uk-core:ShareCapital 2021-11-30 07829838 uk-core:RetainedEarningsAccumulatedLosses 2022-11-30 07829838 uk-core:RetainedEarningsAccumulatedLosses 2021-11-30 07829838 uk-bus:Director1 2021-12-01 2022-11-30 07829838 uk-core:PlantMachinery 2021-12-01 2022-11-30 07829838 uk-core:ComputerEquipment 2021-12-01 2022-11-30 07829838 uk-core:MotorVehicles 2021-12-01 2022-11-30 07829838 uk-core:FurnitureFittings 2021-12-01 2022-11-30 07829838 uk-core:ComputerEquipment 2021-11-30 07829838 uk-core:FurnitureFittings 2021-11-30 07829838 uk-core:MotorVehicles 2021-11-30 07829838 uk-core:PlantMachinery 2021-11-30 07829838 uk-core:MotorVehicles 2022-11-30 07829838 uk-core:FurnitureFittings 2022-11-30 07829838 uk-core:ComputerEquipment 2022-11-30 07829838 uk-core:PlantMachinery 2022-11-30 07829838 uk-core:WithinOneYear uk-core:Secured 2022-11-30 07829838 uk-core:WithinOneYear uk-core:Secured 2021-11-30 07829838 2 uk-bus:Director1 2021-12-01 2022-11-30 07829838 2 uk-bus:Director1 2021-11-30 07829838 2 uk-bus:Director1 2022-11-30 iso4217:GBP xbrli:pure 07829838 uk-bus:AuditExemptWithAccountantsReport 2021-12-01 2022-11-30 07829838 uk-bus:FRS102 2021-12-01 2022-11-30 07829838 uk-bus:FullAccounts 2021-12-01 2022-11-30 07829838 uk-bus:PrivateLimitedCompanyLtd 2021-12-01 2022-11-30
Navajo Leasing Ltd
Registered Number:07829838
For the year ended 30 November 2022
England and Wales
Unaudited Financial Statements
2
For the year ended 30 November 2022
Navajo Leasing Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
07829838
As at 30 November 2022
Navajo Leasing Ltd
Statement of Financial Position
£
£
2021
2022
Notes
Fixed assets
Property, plant and equipment
1,781,946
1,764,357
2
1,781,946
1,764,357
Current assets
Trade and other receivables
1,244,003
1,125,709
3
278,247
Cash and cash equivalents
63,235
1,188,944
1,522,250
Trade and other payables: amounts falling due within one
year
(1,111,165)
(1,028,291)
4
411,085
160,653
Net current assets
Total assets less current liabilities
1,942,599
2,175,442
Trade and other payables: amounts falling due after more
than one year
(1,170,777)
(994,388)
5
948,211
Net assets
1,004,665
Capital and reserves
Called up share capital
1
1
Retained earnings
948,210
1,004,664
948,211
1,004,665
Shareholders' funds
For the year ended 30 November 2022 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 of its financial statements for the year ended 30 November 2022 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
A Gardner Director
These financial statements were approved and authorised for issue by the Board on 27 November 2023 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 November 2022
Navajo Leasing Ltd
Notes to the Financial Statements
Statutory Information
Navajo Leasing Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 07829838.
Principal place of business:
Building 582
Sandringham Road
London Heathrow Airport
Hounslow Middlesex
TW6 3SN
Registered address:
Forest Lodge
Forest Road
Pyrford
Surrey
GU22 8NA
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Engineering Equipment
33.33% Straight line
33.33 % Straight line
Computer equipment
20 % - 33.33 % Straight line
Motor vehicles
33.33 % Straight line
Fixtures and fittings
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
2 of 4
5
For the year ended 30 November 2022
Navajo Leasing Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Motor vehicles
Engineering
Equipment
£
£
£
£
£
Cost or
valuation
At 01 December 2021
3,085,637
3,848
20,814
3,024,986
35,989
582,313
-
-
550,998
31,315
Additions
-
-
(124,958)
-
Disposals
(124,958)
At 30 November 2022
3,451,026
20,814
3,848
3,542,992
67,304
Provision for depreciation and impairment
At 01 December 2021
1,321,280
1,848
6,543
1,275,867
37,022
Charge for year
496,449
400
6,820
483,063
6,166
(56,683)
-
-
(56,683)
-
On disposal
At 30 November 2022
1,761,046
2,248
13,363
1,702,247
43,188
At 30 November 2022
Net book value
24,116
1,748,779
7,451
1,600
1,781,946
At 30 November 2021
(1,033)
1,749,119
14,271
2,000
1,764,357
3. Trade and other receivables
2021
2022
£
£
Trade debtors
196,678
270,064
Amounts owed by group undertakings and participating interests
79,368
357,587
Other debtors
849,663
616,352
1,244,003
1,125,709
4. Trade and other payables: amounts falling due within one year
2021
2022
£
£
Bank loans and overdraft (secured)
50,000
50,000
Trade creditors
297,829
377,588
Taxation and social security
80,891
111,024
Other creditors
599,571
572,553
1,028,291
1,111,165
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6
For the year ended 30 November 2022
Navajo Leasing Ltd
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due after more than one year
2021
2022
£
£
Bank loans and overdraft (secured)
137,500
187,500
Other creditors
856,888
983,277
994,388
1,170,777
6. Directors advances and guarantees
Loaned
Repaid
Interest
At 01/12/2021
At 30/11/2022
£
£
£
£
£
A Gardner
Short Term Loan
532,757
770,751
237,994
11,974
11,974
532,757
770,751
237,994
11,974
11,974
7. Average number of persons employed
During the year the average number of employees was 9 (2021 : 10)
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