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
NAVIGATION (BUXWORTH) LIMITED
Company Information
for the year ended 31 December 2023
Directors
R. Cockerell
J. Hiorns
Company Number
07871954 (England and Wales)
Registered Office
BROOKSIDE
BUXWORTH
HIGH PEAK
SK23 7NE
Accountants
Express Accounts
61 Albert Street
Rugby
CV21 2SN
NAVIGATION (BUXWORTH) LIMITED
Statement of financial position
as at 31 December 2023
Tangible assets
26,946
29,173
Cash at bank and in hand
5,217
9,844
Creditors: amounts falling due within one year
(97,572)
(103,380)
Net current liabilities
(83,450)
(81,536)
Net liabilities
(56,504)
(52,363)
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
NAVIGATION (BUXWORTH) LIMITED
Notes to the Accounts
for the year ended 31 December 2023
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.
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.
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 reducing balance rates in order to write off the assets over their estimated useful lives:
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
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
At 31 December 2023
4,050
20,815
2,081
26,946
At 31 December 2022
4,050
22,988
2,135
29,173
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
Trade creditors
26,538
25,690
Loans from directors
5,836
20,984
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).