NAVIGATION SECURITY SERVICES LIMITED

Company Registration Number:
05661550 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

NAVIGATION SECURITY SERVICES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

NAVIGATION SECURITY SERVICES LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 85,148 95,460
Total fixed assets: 85,148 95,460
Current assets
Stocks: 45,000 45,000
Debtors:   1,214,640 966,455
Cash at bank and in hand: 938,365 497,511
Total current assets: 2,198,005 1,508,966
Creditors: amounts falling due within one year:   (1,491,853) (1,312,511)
Net current assets (liabilities): 706,152 196,455
Total assets less current liabilities: 791,300 291,915
Creditors: amounts falling due after more than one year:   (16,395) (21,265)
Total net assets (liabilities): 774,905 270,650
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 774,805 270,550
Shareholders funds: 774,905 270,650

The notes form part of these financial statements

NAVIGATION SECURITY SERVICES LIMITED

Balance sheet statements

For the year ending 31 December 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 12 July 2024
and signed on behalf of the board by:

Name: David Jones
Status: Director

The notes form part of these financial statements

NAVIGATION SECURITY SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 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

NAVIGATION SECURITY SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 25 36

NAVIGATION SECURITY SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 183,339
Additions 16,773
At 31 December 2023 200,112
Depreciation
At 01 January 2023 87,879
Charge for year 27,085
At 31 December 2023 114,964
Net book value
At 31 December 2023 85,148
At 31 December 2022 95,460