2022-08-012023-07-312023-07-31false12746697NAVOS TECHNOLOGIES LTD2024-04-1262020iso4217:GBPxbrli:pure127466972022-08-01127466972023-07-31127466972022-08-012023-07-31127466972021-08-01127466972022-07-31127466972021-08-012022-07-3112746697bus:SmallEntities2022-08-012023-07-3112746697bus:AuditExempt-NoAccountantsReport2022-08-012023-07-3112746697bus:FullAccounts2022-08-012023-07-3112746697bus:PrivateLimitedCompanyLtd2022-08-012023-07-3112746697core:WithinOneYear2023-07-3112746697core:AfterOneYear2023-07-3112746697core:WithinOneYear2022-07-3112746697core:AfterOneYear2022-07-3112746697core:ShareCapital2023-07-3112746697core:SharePremium2023-07-3112746697core:RevaluationReserve2023-07-3112746697core:OtherReservesSubtotal2023-07-3112746697core:RetainedEarningsAccumulatedLosses2023-07-3112746697core:ShareCapital2022-07-3112746697core:SharePremium2022-07-3112746697core:RevaluationReserve2022-07-3112746697core:OtherReservesSubtotal2022-07-3112746697core:RetainedEarningsAccumulatedLosses2022-07-3112746697core:LandBuildings2023-07-3112746697core:PlantMachinery2023-07-3112746697core:Vehicles2023-07-3112746697core:FurnitureFittings2023-07-3112746697core:OfficeEquipment2023-07-3112746697core:NetGoodwill2023-07-3112746697core:IntangibleAssetsOtherThanGoodwill2023-07-3112746697core:ListedExchangeTraded2023-07-3112746697core:UnlistedNon-exchangeTraded2023-07-3112746697core:LandBuildings2022-07-3112746697core:PlantMachinery2022-07-3112746697core:Vehicles2022-07-3112746697core:FurnitureFittings2022-07-3112746697core:OfficeEquipment2022-07-3112746697core:NetGoodwill2022-07-3112746697core:IntangibleAssetsOtherThanGoodwill2022-07-3112746697core:ListedExchangeTraded2022-07-3112746697core:UnlistedNon-exchangeTraded2022-07-3112746697core:LandBuildings2022-08-012023-07-3112746697core:PlantMachinery2022-08-012023-07-3112746697core:Vehicles2022-08-012023-07-3112746697core:FurnitureFittings2022-08-012023-07-3112746697core:OfficeEquipment2022-08-012023-07-3112746697core:NetGoodwill2022-08-012023-07-3112746697core:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-3112746697core:ListedExchangeTraded2022-08-012023-07-3112746697core:UnlistedNon-exchangeTraded2022-08-012023-07-3112746697core:MoreThanFiveYears2022-08-012023-07-3112746697core:Non-currentFinancialInstruments2023-07-3112746697core:Non-currentFinancialInstruments2022-07-3112746697dpl:CostSales2022-08-012023-07-3112746697dpl:DistributionCosts2022-08-012023-07-3112746697core:LandBuildings2022-08-012023-07-3112746697core:PlantMachinery2022-08-012023-07-3112746697core:Vehicles2022-08-012023-07-3112746697core:FurnitureFittings2022-08-012023-07-3112746697core:OfficeEquipment2022-08-012023-07-3112746697dpl:AdministrativeExpenses2022-08-012023-07-3112746697core:NetGoodwill2022-08-012023-07-3112746697core:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-3112746697dpl:GroupUndertakings2022-08-012023-07-3112746697dpl:ParticipatingInterests2022-08-012023-07-3112746697dpl:GroupUndertakingscore:ListedExchangeTraded2022-08-012023-07-3112746697core:ListedExchangeTraded2022-08-012023-07-3112746697dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-08-012023-07-3112746697core:UnlistedNon-exchangeTraded2022-08-012023-07-3112746697dpl:CostSales2021-08-012022-07-3112746697dpl:DistributionCosts2021-08-012022-07-3112746697core:LandBuildings2021-08-012022-07-3112746697core:PlantMachinery2021-08-012022-07-3112746697core:Vehicles2021-08-012022-07-3112746697core:FurnitureFittings2021-08-012022-07-3112746697core:OfficeEquipment2021-08-012022-07-3112746697dpl:AdministrativeExpenses2021-08-012022-07-3112746697core:NetGoodwill2021-08-012022-07-3112746697core:IntangibleAssetsOtherThanGoodwill2021-08-012022-07-3112746697dpl:GroupUndertakings2021-08-012022-07-3112746697dpl:ParticipatingInterests2021-08-012022-07-3112746697dpl:GroupUndertakingscore:ListedExchangeTraded2021-08-012022-07-3112746697core:ListedExchangeTraded2021-08-012022-07-3112746697dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-08-012022-07-3112746697core:UnlistedNon-exchangeTraded2021-08-012022-07-3112746697core:NetGoodwill2023-07-3112746697core:IntangibleAssetsOtherThanGoodwill2023-07-3112746697core:LandBuildings2023-07-3112746697core:PlantMachinery2023-07-3112746697core:Vehicles2023-07-3112746697core:FurnitureFittings2023-07-3112746697core:OfficeEquipment2023-07-3112746697core:AfterOneYear2023-07-3112746697core:WithinOneYear2023-07-3112746697core:ListedExchangeTraded2023-07-3112746697core:UnlistedNon-exchangeTraded2023-07-3112746697core:ShareCapital2023-07-3112746697core:SharePremium2023-07-3112746697core:RevaluationReserve2023-07-3112746697core:OtherReservesSubtotal2023-07-3112746697core:RetainedEarningsAccumulatedLosses2023-07-3112746697core:NetGoodwill2022-07-3112746697core:IntangibleAssetsOtherThanGoodwill2022-07-3112746697core:LandBuildings2022-07-3112746697core:PlantMachinery2022-07-3112746697core:Vehicles2022-07-3112746697core:FurnitureFittings2022-07-3112746697core:OfficeEquipment2022-07-3112746697core:AfterOneYear2022-07-3112746697core:WithinOneYear2022-07-3112746697core:ListedExchangeTraded2022-07-3112746697core:UnlistedNon-exchangeTraded2022-07-3112746697core:ShareCapital2022-07-3112746697core:SharePremium2022-07-3112746697core:RevaluationReserve2022-07-3112746697core:OtherReservesSubtotal2022-07-3112746697core:RetainedEarningsAccumulatedLosses2022-07-3112746697core:NetGoodwill2021-08-0112746697core:IntangibleAssetsOtherThanGoodwill2021-08-0112746697core:LandBuildings2021-08-0112746697core:PlantMachinery2021-08-0112746697core:Vehicles2021-08-0112746697core:FurnitureFittings2021-08-0112746697core:OfficeEquipment2021-08-0112746697core:AfterOneYear2021-08-0112746697core:WithinOneYear2021-08-0112746697core:ListedExchangeTraded2021-08-0112746697core:UnlistedNon-exchangeTraded2021-08-0112746697core:ShareCapital2021-08-0112746697core:SharePremium2021-08-0112746697core:RevaluationReserve2021-08-0112746697core:OtherReservesSubtotal2021-08-0112746697core:RetainedEarningsAccumulatedLosses2021-08-0112746697core:AfterOneYear2022-08-012023-07-3112746697core:WithinOneYear2022-08-012023-07-3112746697core:Non-currentFinancialInstrumentscore:CostValuation2022-08-012023-07-3112746697core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-08-012023-07-3112746697core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-08-012023-07-3112746697core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-08-012023-07-3112746697core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-08-012023-07-3112746697core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-08-012023-07-3112746697core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-08-012023-07-3112746697core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-08-012023-07-3112746697core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-08-012023-07-3112746697core:Non-currentFinancialInstrumentscore:CostValuation2023-07-3112746697core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-07-3112746697core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-07-3112746697core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-07-3112746697core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-07-3112746697core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-07-3112746697core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-07-3112746697core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-07-3112746697core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-07-3112746697core:Non-currentFinancialInstrumentscore:CostValuation2022-07-3112746697core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-07-3112746697core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-07-3112746697core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-07-3112746697core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-07-3112746697core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-07-3112746697core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-07-3112746697core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-07-3112746697core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-07-3112746697bus:Director12022-08-012023-07-3112746697bus:Director22022-08-012023-07-31

NAVOS TECHNOLOGIES LTD

Registered Number
12746697
(England and Wales)

Unaudited Financial Statements for the Year ended
31 July 2023

NAVOS TECHNOLOGIES LTD
Company Information
for the year from 1 August 2022 to 31 July 2023

Directors

DAVIES, Carrie
DAVIES, David Dieter

Registered Address

22 Over Lane
Almondsbury
Bristol
BS32 4BP

Registered Number

12746697 (England and Wales)
NAVOS TECHNOLOGIES LTD
Balance Sheet as at
31 July 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Intangible assets56,6009,000
Tangible assets610,2439,336
16,84318,336
Current assets
Debtors781,176152,698
Cash at bank and on hand165,774328,535
246,950481,233
Creditors amounts falling due within one year8(298,944)(231,682)
Net current assets (liabilities)(51,994)249,551
Total assets less current liabilities(35,151)267,887
Net assets(35,151)267,887
Capital and reserves
Profit and loss account(35,151)267,887
Shareholders' funds(35,151)267,887
The financial statements were approved and authorised for issue by the Board of Directors on 12 April 2024, and are signed on its behalf by:
DAVIES, Carrie
Director
DAVIES, David Dieter
Director

Registered Company No. 12746697
NAVOS TECHNOLOGIES LTD
Notes to the Financial Statements
for the year ended 31 July 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Intangible assets policy
Intangible fixed assets are stated at cost or valuation less depreciation.
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
4.Employee information

20232022
Average number of employees during the year2213
5.Intangible assets

Other

Total

££
Cost or valuation
At 01 August 2212,00012,000
At 31 July 2312,00012,000
Amortisation and impairment
At 01 August 223,0003,000
Charge for year2,4002,400
At 31 July 235,4005,400
Net book value
At 31 July 236,6006,600
At 31 July 229,0009,000
6.Property, plant and equipment

Vehicles

Office Equipment

Total

£££
Cost or valuation
At 01 August 221,50012,94914,449
Additions-6,0456,045
At 31 July 231,50018,99420,494
Depreciation and impairment
At 01 August 221,0004,1135,113
Charge for year2504,8885,138
At 31 July 231,2509,00110,251
Net book value
At 31 July 232509,99310,243
At 31 July 225008,8369,336
7.Debtors

2023

2022

££
Trade debtors / trade receivables81,176135,037
Prepayments and accrued income-17,661
Total81,176152,698
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
8.Creditors within one year

2023

2022

££
Trade creditors / trade payables161,96174,055
Bank borrowings and overdrafts12,021-
Taxation and social security124,962157,627
Total298,944231,682
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.