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REGISTERED NUMBER: 14603410 (England and Wales)









Unaudited Financial Statements

for the Period 19 January 2023 to 31 January 2024

for

Army And Navy Ltd

Army And Navy Ltd (Registered number: 14603410)






Contents of the Financial Statements
for the Period 19 January 2023 to 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Army And Navy Ltd

Company Information
for the Period 19 January 2023 to 31 January 2024







DIRECTORS: E M Cole
D J Evans





SECRETARY:





REGISTERED OFFICE: The Annex, 143 - 145 Stanwell Road
Ashford, Middlesex
United Kingdom
TW15 3QN





REGISTERED NUMBER: 14603410 (England and Wales)





ACCOUNTANT: Robert Thorne FCCA
Chartered Certified Accountant
The Annex
143 - 145 Stanwell Road
Ashford
Middlesex
TW15 3QN

Army And Navy Ltd (Registered number: 14603410)

Balance Sheet
31 January 2024

Notes £    £   
FIXED ASSETS
Intangible assets 4 96,000
Tangible assets 5 5,978
101,978

CURRENT ASSETS
Stocks 20,000
Debtors 6 12,618
Cash at bank 11,504
44,122
CREDITORS
Amounts falling due within one year 7 189,846
NET CURRENT LIABILITIES (145,724 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(43,746

)

RESERVES
Retained earnings (43,746 )
(43,746 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Army And Navy Ltd (Registered number: 14603410)

Balance Sheet - continued
31 January 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 October 2024 and were signed on its behalf by:




E M Cole - Director



D J Evans - Director


Army And Navy Ltd (Registered number: 14603410)

Notes to the Financial Statements
for the Period 19 January 2023 to 31 January 2024

1. STATUTORY INFORMATION

Army And Navy Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Army And Navy Ltd (Registered number: 14603410)

Notes to the Financial Statements - continued
for the Period 19 January 2023 to 31 January 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 120,000
At 31 January 2024 120,000
AMORTISATION
Charge for period 24,000
At 31 January 2024 24,000
NET BOOK VALUE
At 31 January 2024 96,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 19 January 2023
and 31 January 2024 7,473
DEPRECIATION
Charge for period 1,495
At 31 January 2024 1,495
NET BOOK VALUE
At 31 January 2024 5,978
At 18 January 2023 7,473

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 5,872
Other debtors 6,746
12,618

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 403
Taxation and social security 693
Other creditors 188,750
189,846