NAVICKAS TRADERS LTD

Company Registration Number:
14086817 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2023

Period of accounts

Start date: 04 May 2022

End date: 31 May 2023

NAVICKAS TRADERS LTD

Contents of the Financial Statements

for the Period Ended 31 May 2023

Balance sheet
Notes

NAVICKAS TRADERS LTD

Balance sheet

As at 31 May 2023


Notes

13 months to 31 May 2023


£
Fixed assets
Intangible assets: 3 153,800
Tangible assets: 4 841,600
Total fixed assets: 995,400
Current assets
Stocks: 406,300
Debtors: 5 234,500
Cash at bank and in hand: 197,833
Total current assets: 838,633
Creditors: amounts falling due within one year:   (132,900)
Net current assets (liabilities): 705,733
Total assets less current liabilities: 1,701,133
Creditors: amounts falling due after more than one year:   (617,988)
Provision for liabilities: (13,000)
Total net assets (liabilities): 1,070,145
Capital and reserves
Called up share capital: 100,000
Share premium account: 99,000
Other reserves: 325,500
Profit and loss account: 545,645
Shareholders funds: 1,070,145

The notes form part of these financial statements

NAVICKAS TRADERS LTD

Balance sheet statements

For the year ending 31 May 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 31 January 2024
and signed on behalf of the board by:

Name: Gintautas NAVICKAS
Status: Director

The notes form part of these financial statements

NAVICKAS TRADERS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

NAVICKAS TRADERS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

2. Employees

13 months to 31 May 2023
Average number of employees during the period 7

NAVICKAS TRADERS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Intangible Assets

Total
Cost £
Additions 153,800
At 31 May 2023 153,800
Net book value
At 31 May 2023 153,800

NAVICKAS TRADERS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Tangible Assets

Total
Cost £
Additions 950,000
At 31 May 2023 950,000
Depreciation
Charge for year 108,400
At 31 May 2023 108,400
Net book value
At 31 May 2023 841,600

NAVICKAS TRADERS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

5. Debtors

13 months to 31 May 2023
£
Debtors due after more than one year: 0