NAVIGATE COOPERATIVE LTD

Company limited by guarantee

Company Registration Number:
05107548 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

NAVIGATE COOPERATIVE LTD

Company limited by guarantee

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

NAVIGATE COOPERATIVE LTD

Company limited by guarantee

Company Information

for the Period Ended 31 March 2024




Director: Paul Kahawatte
Rosalind Bird
Kathryn Tulip
Secretary: Rosalind Bird
Registered office: 20
Broom Park
Dartington
Totnes
Devon
England
TQ9 6JR
Company Registration Number: 05107548 (England and Wales)

NAVIGATE COOPERATIVE LTD

Company limited by guarantee

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Total fixed assets: - -
Current assets
Cash at bank and in hand: 56,529 45,894
Total current assets: 56,529 45,894
Creditors: amounts falling due within one year: 4 ( 228 ) ( 1,891 )
Net current assets (liabilities): 56,301 44,003
Total assets less current liabilities: 56,301 44,003
Accruals and deferred income: ( 19,220 ) ( 7,070 )
Total net assets (liabilities): 37,081 36,933

The notes form part of these financial statements

NAVIGATE COOPERATIVE LTD

Company limited by guarantee

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Reserves
Income and expenditure account 37,081 36,933
Members funds 37,081 36,933

For the year ending 31 March 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.

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 10 October 2024
And Signed On Behalf Of The Board By:

Name: Julia Spindel
Status: Director

The notes form part of these financial statements

NAVIGATE COOPERATIVE LTD

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Tangible fixed assets depreciation policy

    Depreciation has been charged on fixed assets so as to write off their cost over the useful life of the assets using the following rates: Housing, Land and Buildings 2% straight line basis; Equipment 25% straight line basis; Vehicles 33% straight line basis.

    Other accounting policies

    The accounts have been prepared using the Historical Cost Convention and in accordance with the applicable accounting standards. The co-operative has taken advantage of the exemption in Financial Reporting Standard FRS102 (section 1a) from producing a Cash Flow Statement. The company is not required to have its accounts audited as the company is subject to the statutory exemptions and regulations currently in place. On this basis the company has chosen not to have a formal audit.

NAVIGATE COOPERATIVE LTD

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 3 3

NAVIGATE COOPERATIVE LTD

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

NAVIGATE COOPERATIVE LTD

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 March 2024

4.Creditors: amounts falling due within one year note


2024
£

2023
£
Taxation and social security 35 181
Other creditors 193 1,710
Total 228 1,891