BUGSWORTH NAVIGATION LIMITED

Company Registration Number:
05270204 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

BUGSWORTH NAVIGATION LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

BUGSWORTH NAVIGATION LIMITED

Company Information

for the Period Ended 31 December 2023




Director: Philip Charles Robinson
Melvyn Roberts
David George Rushton
Andrew Bennett
Secretary: Melvyn Roberts
Registered office: 11
Ashwood Road
Disley
Stockport
Cheshire
SK12 2EL
Company Registration Number: 05270204 (England and Wales)

BUGSWORTH NAVIGATION LIMITED

Directors' Report Period Ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal Activities

Leasing land to Moseley Railway Trust

Political and charitable donations

nil

Company policy on the employment of disabled persons

N/A The company has no employees

Directors

The directors shown below have held office during the whole of the period from 01 January 2023 to 31 December 2023
Philip Charles Robinson
Melvyn Roberts
David George Rushton
Andrew Bennett

Secretary
Melvyn Roberts

This report was approved by the board of directors on 8 September 2024
And Signed On Behalf Of The Board By:

Name: Melvyn Roberts
Status: Director

Name: David George Rushton
Status: Director

BUGSWORTH NAVIGATION LIMITED

Profit and Loss Account

for the Period Ended 31 December 2023


Notes

2023
£

2022
£
Turnover 1,600 1,600
Cost of sales ( 0 ) ( 0 )
Gross Profit or (Loss) 1,600 1,600
Income from coronavirus (COVID-19) business support grants 0 -
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 113 ) ( 113 )
Other operating income 0 0
Operating Profit or (Loss) 1,487 1,487
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax 1,487 1,487
Tax on Profit ( 90 ) ( 72 )
Profit or (Loss) for Period 1,397 1,415

The notes form part of these financial statements

BUGSWORTH NAVIGATION LIMITED

Balance sheet

As at 31 December 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 26,903 27,203
Total fixed assets: 26,903 27,203
Current assets
Cash at bank and in hand: 238 622
Total current assets: 238 622
Prepayments and accrued income: 32
Creditors: amounts falling due within one year: 5 ( 170 ) ( 519 )
Net current assets (liabilities): 100 103
Total assets less current liabilities: 27,003 27,306
Creditors: amounts falling due after more than one year: 6 ( 7,000 ) ( 7,300 )
Total net assets (liabilities): 20,003 20,006

The notes form part of these financial statements

BUGSWORTH NAVIGATION LIMITED

Balance sheet continued

As at 31 December 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 20,000 20,000
Profit and loss account: 3 6
Shareholders funds: 20,003 20,006

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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 8 September 2024
And Signed On Behalf Of The Board By:

Name: Melvyn Roberts
Status: Director

Name: David George Rushton
Status: Director

The notes form part of these financial statements

BUGSWORTH NAVIGATION LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    The accounts are prepared on an accruals basis under the historical cost convention.

BUGSWORTH NAVIGATION LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

BUGSWORTH NAVIGATION LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

BUGSWORTH NAVIGATION LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible assets

Land & buildings Total
Cost £ £
At 01 January 2023 32,203 32,203
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 December 2023 32,203 32,203
Depreciation
At 01 January 2023 5,000 5,000
Charge for year 300 300
On disposals - -
Other adjustments - -
At 31 December 2023 5,300 5,300
Net book value
At 31 December 2023 26,903 26,903
At 31 December 2022 27,203 27,203

BUGSWORTH NAVIGATION LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5.Creditors: amounts falling due within one year note


2023
£

2022
£
Accruals and deferred income 170 519
Total 170 519

BUGSWORTH NAVIGATION LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6.Creditors: amounts falling due after more than one year


2023
£

2022
£
Other creditors 7,000 7,300
Total 7,000 7,300