Registered Number:12583808 |
For the year ended 31 May 2024
England and Wales
Unaudited Financial Statements
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
Navigate Partners Ltd
Statement of Financial Position
2023
2024
Property, plant and equipment |
984
560
2
984
560
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
300
300
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 |
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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. |
The Oast
EMR Centre, New Road
East Malling
Kent
ME19 6BJ
The presentation currency is £ sterling. |
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: |
Computer Equipment
Equipment Furniture & Fittings
2. Property, plant and equipment |
Equipment |
Furniture & |
Fittings |
4,031
3,395
636
1,297
270
1,027
1,663
3,665
5,328
Provision for depreciation and impairment |
3,471
3,027
444
Charge for year
873
458
415
4,344
3,485
859
804
180
984
192
368
560
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For the year ended 31 May 2024
Navigate Partners Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables |
2023
2024
79,601
61,067
40,012
650
61,717
119,613
4. Trade and other payables: amounts falling due within one year |
2023
2024
29,055
3,272
Taxation and social security |
-
11,924
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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