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REGISTERED NUMBER: 08008974 (England and Wales)










FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2024

FOR

NAV DRISHTI LTD

NAV DRISHTI LTD (REGISTERED NUMBER: 08008974)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


NAV DRISHTI LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH APRIL 2024







DIRECTORS: Mr A K Tyagi
Mrs N Tyagi
Miss A Tyagi
Mr A Tyagi
Mr A Tyagi



REGISTERED OFFICE: c/o Michael Heaven & Associates Limited
47 Calthorpe Road
Edgbaston
BIRMINGHAM
West Midlands
B15 1TH



REGISTERED NUMBER: 08008974 (England and Wales)



ACCOUNTANTS: Michael Heaven & Associates Limited
Chartered Certified Accountants
47 Calthorpe Road
Edgbaston
BIRMINGHAM
B15 1TH



INCORPORATED: 28th March 2012

NAV DRISHTI LTD (REGISTERED NUMBER: 08008974)

ABRIDGED BALANCE SHEET
30TH APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,930 2,476
Investments 5 103,088 84,068
106,018 86,544

CURRENT ASSETS
Debtors 15,193 8,870
Cash at bank 306,038 340,719
321,231 349,589
CREDITORS
Amounts falling due within one year 3,839 22,199
NET CURRENT ASSETS 317,392 327,390
TOTAL ASSETS LESS CURRENT
LIABILITIES

423,410

413,934

PROVISIONS FOR LIABILITIES 6 5,571 657
NET ASSETS 417,839 413,277

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 417,739 413,177
SHAREHOLDERS' FUNDS 417,839 413,277

NAV DRISHTI LTD (REGISTERED NUMBER: 08008974)

ABRIDGED BALANCE SHEET - continued
30TH APRIL 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30th April 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30th January 2025 and were signed on its behalf by:





Mr A K Tyagi - Director


NAV DRISHTI LTD (REGISTERED NUMBER: 08008974)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024


1. STATUTORY INFORMATION

Nav Drishti Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents the value of services provided to the extent that there is a right to consideration and is recorded at the value of the consideration due.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Medical equipment - 20% reducing balance
Computer equipment - 25% straight line

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable and loans from related parties.

Pension costs and other post-retirement benefits
The company contributed into the director's defined contribution pension scheme. Contributions payable to the director's pension scheme are charged to the profit and loss account in the period to which they relate.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Creditors
Short term trade creditors are measured at the transaction price.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

NAV DRISHTI LTD (REGISTERED NUMBER: 08008974)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024


4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st May 2023 4,344
Additions 1,920
At 30th April 2024 6,264
DEPRECIATION
At 1st May 2023 1,868
Charge for year 1,466
At 30th April 2024 3,334
NET BOOK VALUE
At 30th April 2024 2,930
At 30th April 2023 2,476

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST OR VALUATION
At 1st May 2023 84,068
Revaluations 19,020
At 30th April 2024 103,088
NET BOOK VALUE
At 30th April 2024 103,088
At 30th April 2023 84,068

NAV DRISHTI LTD (REGISTERED NUMBER: 08008974)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024


5. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 30th April 2024 is represented by:
Totals
£   
Valuation in 2023 (933 )
Valuation in 2024 19,020
Cost 85,001
103,088

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Associated company

Birmingham Eye Services Team (Midlands) Limited
Registered office:
Nature of business: Specialists medical practice activities
%
Class of shares: holding
Ordinary 33.33

The company was struck off on 24th December 2024

6. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 5,571 657

Deferred
tax
£   
Balance at 1st May 2023 657
Movement during the year 4,914
Balance at 30th April 2024 5,571

NAV DRISHTI LTD (REGISTERED NUMBER: 08008974)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024


6. PROVISIONS FOR LIABILITIES - continued

Provisions are recognised when the company has a legal or constructive obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle the obligation and the amount of the obligation can be reliably estimated.

Provisions are recognised at the best estimate of the amount required to settle the obligation at the reporting date.

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
35 Ordinary A £1 35 35
35 Ordinary B £1 35 35
10 Ordinary C £1 10 10
10 Ordinary D £1 10 10
10 Ordinary E £1 10 10
100 100