Navigation Agency Ltd Filleted Accounts Cover
Navigation Agency Ltd
Company No. 13830222
Information for Filing with The Registrar
31 January 2025
Navigation Agency Ltd Directors Report Registrar
The Directors present their report and the accounts for the year ended 31 January 2025.
Principal activities
The principal activity of the company during the year under review was advertising agencies.
Directors
The Directors who served at any time during the year were as follows:
P. Curry
G.W. McCall
J.A. Morgan
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
G.W. McCall
Company Secretary
13 March 2025
Navigation Agency Ltd Balance Sheet Registrar
at
31 January 2025
Company No.
13830222
Notes
2025
2024
£
£
Fixed assets
Tangible assets
4
5,9685,350
5,9685,350
Current assets
Debtors
5
22,79577,032
Cash at bank and in hand
76,65710,974
99,45288,006
Creditors: Amount falling due within one year
6
(101,887)
(86,608)
Net current (liabilities)/assets
(2,435)
1,398
Total assets less current liabilities
3,5336,748
Net assets
3,5336,748
Capital and reserves
Called up share capital
115115
Profit and loss account
8
3,4186,633
Total equity
3,5336,748
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 31 January 2025 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 13 March 2025 and signed on its behalf by:
G.W. McCall
Director
13 March 2025
Navigation Agency Ltd Notes to the Accounts Registrar
for the year ended 31 January 2025
1
General information
Navigation Agency Ltd is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 13830222
Its registered office is:
Suite 4, Element Ring Road
Lower Wortley
Leeds
West Yorkshire
LS12 6AB
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2
Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.
Research and development costs
Expenditure on research and development is written off in the year it is incurred unless it meets the criteria to allow it to be capitalised. Costs of research are always written off in the year in which they are incurred. Where development costs are recognised as an asset, they are amortised over the period expected to benefit from them. Amortisation of the capitalised costs begins once the developed product comes into use, typically at rate of 33.33% straight line.
Taxation
Income tax expense represents the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Defined contribution pensions
The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations.
The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
3
Employees
2025
2024
Number
Number
The average monthly number of employees (including directors) during the year was:
77
4
Tangible fixed assets
Fixtures, fittings and equipment
Total
£
£
Cost or revaluation
At 1 February 2024
8,5838,583
Additions
3,6843,684
At 31 January 2025
12,26712,267
Depreciation
At 1 February 2024
3,2333,233
Charge for the year
3,0663,066
At 31 January 2025
6,2996,299
Net book values
At 31 January 2025
5,9685,968
At 31 January 2024
5,350
5,350
5
Debtors
2025
2024
£
£
Trade debtors
19,49573,732
Other debtors
3,3003,300
22,79577,032
6
Creditors:
amounts falling due within one year
2025
2024
£
£
Trade creditors
8,74013,598
Taxes and social security
54,757
42,908
Loans from directors
3,5979,397
Other creditors
517517
Accruals and deferred income
34,27620,188
101,88786,608
7
Share Capital
100 Ordinary Shares, 5 Ordinary B Shares, 5 Ordinary C Shares and 5 Ordinary D Shares, of £1.00 each were called up and fully paid.
8
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
9
Dividends
2025
2024
£
£
Dividends for the period:
Dividends paid in the period
115,000
52,500
115,000
52,500
Dividends by type:
Equity dividends
115,00052,500
115,000
52,500
Navigation Agency Ltd1383022231 January 202501 February 2024false13 March 2025BTCSoftware AP Solution 2024 11.2.0111.2.01true138302222024-02-012025-01-31138302222025-01-31138302222024-01-3113830222core:WithinOneYear2025-01-3113830222core:WithinOneYear2024-01-3113830222core:ShareCapital2025-01-3113830222core:ShareCapital2024-01-3113830222core:RetainedEarningsAccumulatedLosses2025-01-3113830222core:RetainedEarningsAccumulatedLosses2024-01-3113830222countries:UnitedKingdom2024-02-012025-01-3113830222bus:RegisteredOffice2024-02-012025-01-31138302222023-02-012024-01-3113830222core:FurnitureFittingsToolsEquipment2024-02-01138302222024-02-0113830222core:FurnitureFittingsToolsEquipment2024-02-012025-01-3113830222core:FurnitureFittingsToolsEquipment2025-01-3113830222core:RetainedEarningsAccumulatedLosses2024-02-012025-01-3113830222bus:AllOrdinaryShares2024-02-012025-01-3113830222bus:SmallEntities2024-02-012025-01-3113830222bus:FullAccounts2024-02-012025-01-3113830222bus:AuditExempt-NoAccountantsReport2024-02-012025-01-3113830222bus:Director22024-02-012025-01-3113830222bus:PrivateLimitedCompanyLtd2024-02-012025-01-31iso4217:GBPxbrli:pure