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COMPANY REGISTRATION NUMBER: 11817754
Navo Limited
Filleted Unaudited Financial Statements
28 February 2023
Navo Limited
Statement of Financial Position
28 February 2023
2023
2022
£
£
Fixed assets
2,726,332
2,743,164
------------
------------
Current assets
2,480,727
2,452,675
Prepayments and accrued income
15,748
20,069
------------
------------
2,496,475
2,472,744
Creditors: amounts falling due within one year
85,585
2,247,625
------------
------------
Net current assets
2,410,890
225,119
------------
------------
Total assets less current liabilities
5,137,222
2,968,283
Creditors: amounts falling due after more than one year
2,160,000
2,160,000
Accruals and deferred income
113,485
205,780
------------
------------
2,863,737
602,503
------------
------------
Capital and reserves
2,863,737
602,503
------------
---------
Notes to the financial statements
1. Other financial commitments
Included within Creditors: amounts due after more than one year, are bank loans amounting to £2,160,000 which are secured by a personal guarantee, a collateral deposit and a fixed first charge over the companys' freehold land and buildings situated at 45 Navarino Road, London E8.
For the year ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 13 February 2024 , and are signed on behalf of the board by:
Mr M Melifronides
Director
Company registration number: 11817754
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 45 Navarino Road, Hackney, London, E8 1AG, England.