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Company Registration No. 11539576 (England and Wales)
NAVARRA PROPERTY MANAGEMENT LTD AMENDED Unaudited accounts for the period from 1 September 2022 to 29 February 2024
NAVARRA PROPERTY MANAGEMENT LTD AMENDED Unaudited accounts Contents
Page
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NAVARRA PROPERTY MANAGEMENT LTD Company Information for the period from 1 September 2022 to 29 February 2024
Directors
Abha Kumari Batra Rahul Batra
Company Number
11539576 (England and Wales)
Registered Office
Harcroft Woodland Way Kingswood Tadworth KT20 6PA
Accountants
Arth Limited 655 Milton Keynes Business Centre Foxhunter Drive Milton Keynes Buckinghamshire MK14 6GD
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NAVARRA PROPERTY MANAGEMENT LTD Statement of financial position as at 29 February 2024
2024 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,846,500 
2,510,500 
Current assets
Debtors
334,055 
226,554 
Cash at bank and in hand
64,025 
13,507 
398,080 
240,061 
Creditors: amounts falling due within one year
(1,508,499)
(1,418,199)
Net current liabilities
(1,110,419)
(1,178,138)
Total assets less current liabilities
1,736,081 
1,332,362 
Creditors: amounts falling due after more than one year
(1,035,310)
(1,027,590)
Provisions for liabilities
Deferred tax
(106,738)
(60,906)
Net assets
594,033 
243,866 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
488,122 
243,622 
Profit and loss account
105,811 
144 
Shareholders' funds
594,033 
243,866 
For the period ending 29 February 2024 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 28 November 2024 and were signed on its behalf by
Rahul Batra Director Company Registration No. 11539576
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NAVARRA PROPERTY MANAGEMENT LTD Notes to the Accounts for the period from 1 September 2022 to 29 February 2024
1
Statutory information
NAVARRA PROPERTY MANAGEMENT LTD is a private company, limited by shares, registered in England and Wales, registration number 11539576. The registered office is Harcroft Woodland Way, Kingswood, Tadworth, KT20 6PA.
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 period, 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 rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At valuation 
At cost 
At 1 September 2022
1,794,500 
716,000 
2,510,500 
Additions
- 
305,000 
305,000 
Revaluations
244,500 
- 
244,500 
Disposals
- 
(213,500)
(213,500)
At 29 February 2024
2,039,000 
807,500 
2,846,500 
Depreciation
At 29 February 2024
- 
- 
- 
Net book value
At 29 February 2024
2,039,000 
807,500 
2,846,500 
At 31 August 2022
1,794,500 
716,000 
2,510,500 
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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NAVARRA PROPERTY MANAGEMENT LTD Notes to the Accounts for the period from 1 September 2022 to 29 February 2024
6
Debtors
2024 
2022 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
315,950 
216,314 
Other debtors
10,385 
10,240 
326,335 
226,554 
Amounts falling due after more than one year
Other debtors
7,720 
- 
7
Creditors: amounts falling due within one year
2024 
2022 
£ 
£ 
Amounts owed to group undertakings and other participating interests
1,529,012 
1,404,938 
Taxes and social security
84 
84 
Other creditors
10,386 
10,240 
Loans from directors
(32,873)
1,143 
Accruals
1,890 
1,794 
1,508,499 
1,418,199 
8
Creditors: amounts falling due after more than one year
2024 
2022 
£ 
£ 
Bank loans
1,027,590 
1,027,590 
Taxes and social security
7,720 
- 
1,035,310 
1,027,590 
9
Average number of employees
During the period the average number of employees was 1 (2022: 1).
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