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REGISTERED NUMBER: 14963505 (England and Wales)














Unaudited Financial Statements

for the Period 27 June 2023 to 30 June 2024

for

NAVAM COFFEE LIMITED

NAVAM COFFEE LIMITED (REGISTERED NUMBER: 14963505)

Contents of the Financial Statements
for the period 27 June 2023 to 30 June 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NAVAM COFFEE LIMITED

Company Information
for the period 27 June 2023 to 30 June 2024







Directors: Mr N Jassar
Mrs H K Jassar





Registered office: 414 Whitmore Way
Basildon
Essex
SS14 2HB





Registered number: 14963505 (England and Wales)





Accountants: Cooper Parry Advisory Limited
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

NAVAM COFFEE LIMITED (REGISTERED NUMBER: 14963505)

Balance Sheet
30 June 2024

Notes £    £   
Fixed assets
Intangible assets 4 20,833
Tangible assets 5 333,279
354,112

Current assets
Stocks 4,000
Debtors 6 24,064
Cash at bank 35,192
63,256
Creditors
Amounts falling due within one year 7 56,955
Net current assets 6,301
Total assets less current liabilities 360,413

Creditors
Amounts falling due after more than one
year

8

521,559
Net liabilities (161,146 )

Capital and reserves
Called up share capital 10 100
Retained earnings (161,246 )
Shareholders' funds (161,146 )

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 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.

NAVAM COFFEE LIMITED (REGISTERED NUMBER: 14963505)

Balance Sheet - continued
30 June 2024


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

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

The financial statements were approved by the Board of Directors and authorised for issue on 19 March 2025 and were signed on its behalf by:





Mr N Jassar - Director


NAVAM COFFEE LIMITED (REGISTERED NUMBER: 14963505)

Notes to the Financial Statements
for the period 27 June 2023 to 30 June 2024


1. Statutory information

Navam Coffee Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - over the length of the lease
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

NAVAM COFFEE LIMITED (REGISTERED NUMBER: 14963505)

Notes to the Financial Statements - continued
for the period 27 June 2023 to 30 June 2024


2. Accounting policies - continued

Going concern
Although the company has net liabilities of £161,146, the director will continue to support the company and he is confident that the company will be profitable in the future years. The accounts have therefore been prepared on a going concern basis.

3. Employees and directors

The average number of employees during the period was 7 .

4. Intangible fixed assets
Patents
and
licences
£   
Cost
Additions 25,000
At 30 June 2024 25,000
Amortisation
Amortisation for period 4,167
At 30 June 2024 4,167
Net book value
At 30 June 2024 20,833

5. Tangible fixed assets
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
Cost
Additions 275,429 95,101 11,902 382,432
At 30 June 2024 275,429 95,101 11,902 382,432
Depreciation
Charge for period 33,816 13,888 1,449 49,153
At 30 June 2024 33,816 13,888 1,449 49,153
Net book value
At 30 June 2024 241,613 81,213 10,453 333,279

6. Debtors
£   
Amounts falling due within one year:
Trade debtors 4,702
Other debtors 16,146
20,848

NAVAM COFFEE LIMITED (REGISTERED NUMBER: 14963505)

Notes to the Financial Statements - continued
for the period 27 June 2023 to 30 June 2024


6. Debtors - continued
£   
Amounts falling due after more than one year:
Amounts owed by associates 3,216

Aggregate amounts 24,064

7. Creditors: amounts falling due within one year
£   
Trade creditors 41,148
Taxation and social security 899
Other creditors 14,908
56,955

8. Creditors: amounts falling due after more than one year
£   
Amounts owed to group undertakings 181,454
Other creditors 340,105
521,559

9. Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:
£   
Within one year 60,000
Between one and five years 194,063
254,063

10. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1.00 100

100 Ordinary shares of £1.00 were issued during the period for cash of £ 100 .

11. Related party disclosures

Included in other debtors due after more than one year is an amount totalling £3,216 due from a company registered in England and Wales in which the director has a material interest. This loan is interest free and repayable in 53 weeks.

Included in other creditors due after more than one year is an amount totalling £181,454 due to a company registered in England and Wales in which the director has a material interest. This loan is interest free and repayable in 53 weeks.

Included in other creditors due after more than one year is an amount totalling £150,105 due to connected parties related to the director. This loan is interest free and repayable in 53 weeks.