NAVA CONTRACTS LIMITED

Company Registration Number:
SC622199 (Scotland)

Unaudited abridged accounts for the year ended 28 February 2024

Period of accounts

Start date: 01 March 2023

End date: 28 February 2024

NAVA CONTRACTS LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2024

Balance sheet
Notes

NAVA CONTRACTS LIMITED

Balance sheet

As at 28 February 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 9,759 7,686
Total fixed assets: 9,759 7,686
Current assets
Debtors:   114,088 82,048
Cash at bank and in hand: 7,097 4,215
Total current assets: 121,185 86,263
Creditors: amounts falling due within one year: 4 (39,901) (25,678)
Net current assets (liabilities): 81,284 60,585
Total assets less current liabilities: 91,043 68,271
Provision for liabilities: (2,439) (1,460)
Total net assets (liabilities): 88,604 66,811
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 87,604 65,811
Shareholders funds: 88,604 66,811

The notes form part of these financial statements

NAVA CONTRACTS LIMITED

Balance sheet statements

For the year ending 28 February 2024 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 08 November 2024
and signed on behalf of the board by:

Name: Stephen Gerard Mehigan
Status: Director

The notes form part of these financial statements

NAVA CONTRACTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

NAVA CONTRACTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

2. Employees

2024 2023
Average number of employees during the period 3 3

NAVA CONTRACTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Tangible Assets

Total
Cost £
At 01 March 2023 12,374
Additions 3,995
At 28 February 2024 16,369
Depreciation
At 01 March 2023 4,688
Charge for year 1,922
At 28 February 2024 6,610
Net book value
At 28 February 2024 9,759
At 28 February 2023 7,686

NAVA CONTRACTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

4. Creditors: amounts falling due within one year note

Trade creditors 2024 - £1,406 2023 - £4,734 Taxation and soc sec 19,322 15,429 Other creditors 19,173 5,515 Total 39,901 25,678

NAVA CONTRACTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

5. Loans to directors

Included within Other Debtors is £65,494 (2023 - £31,062) owing by the director.