2023-06-01 12583808 2024-05-31 12583808 2023-06-01 2024-05-31 12583808 2023-05-31 12583808 2022-06-01 2023-05-31 12583808 uk-core:WithinOneYear 2023-05-31 12583808 uk-core:WithinOneYear 2024-05-31 12583808 uk-core:ShareCapital 2024-05-31 12583808 uk-core:ShareCapital 2023-05-31 12583808 uk-core:RetainedEarningsAccumulatedLosses 2024-05-31 12583808 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 12583808 uk-bus:Director1 2023-06-01 2024-05-31 12583808 uk-core:ComputerEquipment 2023-06-01 2024-05-31 12583808 uk-core:ToolsEquipment 2023-06-01 2024-05-31 12583808 uk-core:ComputerEquipment 2023-05-31 12583808 uk-core:ToolsEquipment 2023-05-31 12583808 uk-core:ToolsEquipment 2024-05-31 12583808 uk-core:ComputerEquipment 2024-05-31 iso4217:GBP xbrli:pure 12583808 uk-bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 12583808 uk-bus:FRS102 2023-06-01 2024-05-31 12583808 uk-bus:FilletedAccounts 2023-06-01 2024-05-31 12583808 uk-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31
Navigate Partners Ltd
Registered Number:12583808
For the year ended 31 May 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 May 2024
Navigate Partners Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
12583808
As at 31 May 2024
Navigate Partners Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
984
560
2
984
560
Current assets
Trade and other receivables
61,717
119,613
3
23,424
Cash and cash equivalents
113,902
233,515
85,141
Trade and other payables: amounts falling due within one
year
(45,323)
(196,646)
4
39,818
36,869
Net current assets
Total assets less current liabilities
37,853
40,378
37,853
Net assets
40,378
Capital and reserves
Called up share capital
300
300
Retained earnings
37,553
40,078
37,853
40,378
Shareholders' funds
For the year ended 31 May 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 of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Christopher Foster Director
These financial statements were approved and authorised for issue by the Board on 20 January 2025 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 May 2024
Navigate Partners Ltd
Notes to the Financial Statements
Statutory Information
Navigate Partners Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 12583808.
Registered address:
The Oast
EMR Centre, New Road
East Malling
Kent
ME19 6BJ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes for PR & management consutancy services.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
3.33% Straight line
Computer Equipment
25% Straight line
Equipment Furniture & Fittings
2. Property, plant and equipment
Total
Computer
Equipment
Equipment
Furniture &
Fittings
£
£
£
Cost or
valuation
At 01 June 2023
4,031
3,395
636
1,297
270
1,027
Additions
At 31 May 2024
1,663
3,665
5,328
Provision for depreciation and impairment
At 01 June 2023
3,471
3,027
444
Charge for year
873
458
415
At 31 May 2024
4,344
3,485
859
At 31 May 2024
Net book value
804
180
984
At 31 May 2023
192
368
560
2 of 3
5
For the year ended 31 May 2024
Navigate Partners Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables
2023
2024
£
£
Trade debtors
79,601
61,067
Other debtors
40,012
650
61,717
119,613
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
29,055
3,272
Taxation and social security
-
11,924
Other creditors
167,591
30,127
196,646
45,323
5. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
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