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Company Registration No. 07871954 (England and Wales)
NAVIGATION (BUXWORTH) LIMITED Unaudited accounts for the year ended 31 December 2023
NAVIGATION (BUXWORTH) LIMITED Unaudited accounts Contents
Page
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NAVIGATION (BUXWORTH) LIMITED Company Information for the year ended 31 December 2023
Directors
R. Cockerell J. Hiorns
Secretary
Jan Hiorns
Company Number
07871954 (England and Wales)
Registered Office
BROOKSIDE BUXWORTH HIGH PEAK SK23 7NE
Accountants
Express Accounts 61 Albert Street Rugby CV21 2SN
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NAVIGATION (BUXWORTH) LIMITED Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
26,946 
29,173 
Current assets
Inventories
8,905 
12,000 
Cash at bank and in hand
5,217 
9,844 
14,122 
21,844 
Creditors: amounts falling due within one year
(97,572)
(103,380)
Net current liabilities
(83,450)
(81,536)
Net liabilities
(56,504)
(52,363)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(56,506)
(52,365)
Shareholders' funds
(56,504)
(52,363)
For the year ending 31 December 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 26 September 2024 and were signed on its behalf by
J. Hiorns Director Company Registration No. 07871954
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NAVIGATION (BUXWORTH) LIMITED Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
NAVIGATION (BUXWORTH) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07871954. The registered office is BROOKSIDE, BUXWORTH, HIGH PEAK, SK23 7NE.
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 reducing balance rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15%
Motor vehicles
25%
Fixtures & fittings
15%
Computer equipment
15%
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2023
5,000 
96,724 
4,981 
106,705 
Additions
- 
1,500 
313 
1,813 
At 31 December 2023
5,000 
98,224 
5,294 
108,518 
Depreciation
At 1 January 2023
950 
73,736 
2,846 
77,532 
Charge for the year
- 
3,673 
367 
4,040 
At 31 December 2023
950 
77,409 
3,213 
81,572 
Net book value
At 31 December 2023
4,050 
20,815 
2,081 
26,946 
At 31 December 2022
4,050 
22,988 
2,135 
29,173 
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NAVIGATION (BUXWORTH) LIMITED Notes to the Accounts for the year ended 31 December 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
42,788 
46,770 
VAT
22,410 
9,936 
Trade creditors
26,538 
25,690 
Loans from directors
5,836 
20,984 
97,572 
103,380 
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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