Company Registration No. 13546650 (England and Wales)
NAV PROPERTIES LIMITED
Unaudited accounts
for the period from 31 August 2023 to 31 July 2024
NAV PROPERTIES LIMITED
Unaudited accounts
Contents
NAV PROPERTIES LIMITED
Company Information
for the period from 31 August 2023 to 31 July 2024
Company Number
13546650 (England and Wales)
Registered Office
WOODGATE HOUSE
2-8 GAMES ROAD
COCKFOSTER
EN4 9HN
UNITED KINGDOM
NAV PROPERTIES LIMITED
Statement of financial position
as at 31 July 2024
Tangible assets
2,599,898
2,009,900
Cash at bank and in hand
295,102
58,655
Creditors: amounts falling due within one year
(870,487)
(24,455)
Net current (liabilities)/assets
(575,385)
34,200
Total assets less current liabilities
2,024,513
2,044,100
Creditors: amounts falling due after more than one year
(1,861,769)
(1,900,000)
Net assets
162,744
144,100
Called up share capital
100
100
Profit and loss account
162,644
144,000
Shareholders' funds
162,744
144,100
For the period ending 31 July 2024 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 14 August 2024 and were signed on its behalf by
Vladut Chiriac
Director
Company Registration No. 13546650
NAV PROPERTIES LIMITED
Notes to the Accounts
for the period from 31 August 2023 to 31 July 2024
NAV PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13546650. The registered office is WOODGATE HOUSE, 2-8 GAMES ROAD, COCKFOSTER, EN4 9HN, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
10% Straight Line
4
Tangible fixed assets
Land & buildings
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 31 August 2023
2,000,000
11,000
2,011,000
Additions
482,001
109,097
591,098
At 31 July 2024
2,482,001
120,097
2,602,098
At 31 August 2023
-
1,100
1,100
Charge for the period
-
1,100
1,100
At 31 July 2024
-
2,200
2,200
At 31 July 2024
2,482,001
117,897
2,599,898
At 30 August 2023
2,000,000
9,900
2,009,900
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
3,662
-
Other creditors
866,825
11,282
Loans from directors
-
13,173
NAV PROPERTIES LIMITED
Notes to the Accounts
for the period from 31 August 2023 to 31 July 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
1,861,769
1,900,000
7
Average number of employees
During the period the average number of employees was 0 (2023: 0).