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Company Registration No. 13556097 (England and Wales)
Navital Global Holding Ltd Unaudited accounts for the year ended 31 August 2023
Navital Global Holding Ltd Unaudited accounts Contents
Page
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Navital Global Holding Ltd Company Information for the year ended 31 August 2023
Directors
Annas Abedin Ziad Wafiq Mahmoud Soufan
Company Number
13556097 (England and Wales)
Registered Office
71-75 SHELTON STREET COVENT GARDEN LONDON WC2H 9JQ UNITED KINGDOM
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Navital Global Holding Ltd Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
430 
645 
Investments
20,115 
20,115 
20,545 
20,760 
Current assets
Debtors
6,658 
- 
Cash at bank and in hand
177,561 
183,085 
184,219 
183,085 
Creditors: amounts falling due within one year
(171,567)
(144,464)
Net current assets
12,652 
38,621 
Total assets less current liabilities
33,197 
59,381 
Creditors: amounts falling due after more than one year
(744)
(360)
Net assets
32,453 
59,021 
Capital and reserves
Called up share capital
179 
319,760 
Share premium
319,581 
- 
Profit and loss account
(287,307)
(260,739)
Shareholders' funds
32,453 
59,021 
For the year ending 31 August 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 27 August 2024 and were signed on its behalf by
Annas Abedin Director Company Registration No. 13556097
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Navital Global Holding Ltd Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
Navital Global Holding Ltd is a private company, limited by shares, registered in England and Wales, registration number 13556097. The registered office is 71-75 SHELTON STREET, COVENT GARDEN, LONDON, WC2H 9JQ, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Computer equipment
25% SLM
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 September 2022
860 
At 31 August 2023
860 
Depreciation
At 1 September 2022
215 
Charge for the year
215 
At 31 August 2023
430 
Net book value
At 31 August 2023
430 
At 31 August 2022
645 
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 September 2022
20,115 
Valuation at 31 August 2023
20,115 
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Navital Global Holding Ltd Notes to the Accounts for the year ended 31 August 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,658 
- 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
7,986 
- 
Other creditors
19,116 
- 
Loans from directors
144,465 
144,464 
171,567 
144,464 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Accruals
744 
360 
9
Average number of employees
During the year the average number of employees was 2 (2022: 3).
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