Registered number |
Registered number: | |||||||
Directors' Report | |||||||
The directors present their report and accounts for the year ended | |||||||
Principal activities | |||||||
Directors | |||||||
The following persons served as directors during the year: | |||||||
Mr S Bass | |||||||
Mr L Leitner | |||||||
Small company provisions | |||||||
This report was approved by the board on | |||||||
S Bass | |||||||
Director | |||||||
NAVCAR LIMITED | ||||
Accountants' Report | ||||
Accountants' report to the directors of | ||||
NAVCAR LIMITED | ||||
You consider that the company is exempt from an audit for the year ended 30 June 2024. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. | ||||
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. | ||||
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. | ||||
Bass Accountants Ltd | ||||
Accountants | ||||
67 Windsor Road | ||||
Prestwich | ||||
Manchester | ||||
M25 0DB | ||||
17 March 2025 | ||||
Profit and Loss Account | ||||||||
for the year ended | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Turnover | ||||||||
Cost of sales | ( | ( | ||||||
Gross profit | ||||||||
Administrative expenses | ( | ( | ||||||
Operating profit/(loss) | ( | |||||||
Loss on the disposal of tangible fixed assets | ( | - | ||||||
Interest receivable | - | |||||||
Interest payable | ( | ( | ||||||
Profit/(loss) before taxation | ( | |||||||
Tax on profit/(loss) | - | - | ||||||
Profit/(loss) for the financial year | ( | |||||||
Registered number: | |||||||
Balance Sheet | |||||||
as at | |||||||
Notes | 2024 | 2023 | |||||
£ | £ | ||||||
Fixed assets | |||||||
Tangible assets | 3 | ||||||
Current assets | |||||||
Debtors | 4 | ||||||
Cash at bank and in hand | |||||||
Creditors: amounts falling due within one year | 5 | ( | ( | ||||
Net current liabilities | ( | ( | |||||
Total assets less current liabilities | |||||||
Creditors: amounts falling due after more than one year | 6 | ( | ( | ||||
Net assets | |||||||
Capital and reserves | |||||||
Called up share capital | |||||||
Profit and loss account | |||||||
Shareholders' funds | |||||||
S Bass | |||||||
Director | |||||||
Approved by the board on | |||||||
Statement of Changes in Equity | ||||||||||
for the year ended | ||||||||||
Share | Share | Re- | Profit | Total | ||||||
capital | premium | valuation | and loss | |||||||
reserve | account | |||||||||
£ | £ | £ | £ | £ | ||||||
At 1 July 2022 | - | - | ||||||||
Loss for the financial year | (79,840) | (79,840) | ||||||||
At 30 June 2023 | 100 | - | - | 587,790 | 587,890 | |||||
At 1 July 2023 | - | - | ||||||||
Profit for the financial year | ||||||||||
At 30 June 2024 | - | - | ||||||||
Notes to the Accounts | ||||||||
for the year ended | ||||||||
1 | Accounting policies | |||||||
Basis of preparation | ||||||||
Turnover | ||||||||
Intangible fixed assets | ||||||||
Tangible fixed assets | ||||||||
Freehold buildings | over 50 years | |||||||
Leasehold land and buildings | over the lease term | |||||||
Plant and machinery | over 5 years | |||||||
Fixtures, fittings, tools and equipment | over 5 years | |||||||
Investments | ||||||||
Stocks | ||||||||
Debtors | ||||||||
Creditors | ||||||||
Taxation | ||||||||
Provisions | ||||||||
Foreign currency translation | ||||||||
Leased assets | ||||||||
Pensions | ||||||||
2 | Employees | 2024 | 2023 | |||||
Number | Number | |||||||
Average number of persons employed by the company | ||||||||
3 | Tangible fixed assets | |||||||
Land and buildings | Plant and machinery etc | Motor vehicles | Total | |||||
£ | £ | £ | £ | |||||
Cost | ||||||||
At 1 July 2023 | ||||||||
Additions | - | |||||||
Disposals | ( | - | ( | ( | ||||
At 30 June 2024 | - | |||||||
Depreciation | ||||||||
At 1 July 2023 | ||||||||
Charge for the year | - | |||||||
On disposals | ( | - | ( | ( | ||||
At 30 June 2024 | - | |||||||
Net book value | ||||||||
At 30 June 2024 | - | |||||||
At 30 June 2023 | ||||||||
4 | Debtors | 2024 | 2023 | |||||
£ | £ | |||||||
Trade debtors | ||||||||
Other debtors | ||||||||
5 | Creditors: amounts falling due within one year | 2024 | 2023 | |||||
£ | £ | |||||||
Bank loans and overdrafts | ||||||||
Obligations under finance lease and hire purchase contracts | - | |||||||
Trade creditors | ||||||||
Taxation and social security costs | ||||||||
Mr L Leitner | - | |||||||
Allweiss and Co Ltd | 170,336 | |||||||
Other Creditors | 50,237 | |||||||
Mr S Bass | 47,387 | 113 | ||||||
6 | Creditors: amounts falling due after one year | 2024 | 2023 | |||||
£ | £ | |||||||
Bank loans | ||||||||
Other creditors | - | |||||||
7 | Other information | |||||||
NAVCAR LIMITED is a private company limited by shares and incorporated in England. Its registered office is: | ||||||||
Riverside Agecroft Road | ||||||||
Swinton | ||||||||
Manchester | ||||||||
M27 8SJ | ||||||||
Detailed profit and loss account | ||||
for the year ended | ||||
This schedule does not form part of the statutory accounts | ||||
2024 | 2023 | |||
£ | £ | |||
Sales | ||||
Cost of sales | ( | ( | ||
Gross profit | ||||
Administrative expenses | ( | ( | ||
Operating profit/(loss) | ( | |||
Loss on the disposal of tangible fixed assets | ( | - | ||
Interest receivable | - | |||
Interest payable | ( | ( | ||
Profit/(loss) before tax | ( | |||
Detailed profit and loss account | ||||
for the year ended | ||||
This schedule does not form part of the statutory accounts | ||||
2024 | 2023 | |||
£ | £ | |||
Sales | ||||
Sales | 597,335 | 1,000,312 | ||
Income from insurance payout | 565,008 | 927,215 | ||
Other Sales | 438,717 | 9,044 | ||
Cost of sales | ||||
Purchases | 275,241 | 461,981 | ||
Administrative expenses | ||||
Employee costs: | ||||
Wages and salaries | 460,752 | 513,692 | ||
Directors' salaries | 25,140 | 68,005 | ||
Pensions | 6,741 | 5,812 | ||
Employer's NI | 44,143 | 51,312 | ||
Staff training and welfare | 2,290 | 1,039 | ||
Travel and subsistence | 1,985 | 2,003 | ||
Entertaining | 1,249 | - | ||
542,300 | 641,863 | |||
Premises costs: | ||||
Rent | 51,000 | 39,401 | ||
Rates | 3,618 | 3,228 | ||
Light and heat | 25,501 | 27,600 | ||
80,119 | 70,229 | |||
General administrative expenses: | ||||
Telephone and internet | 26,593 | 36,330 | ||
Stationery and printing | 1,306 | 1,397 | ||
Subscriptions | 27,329 | 38,638 | ||
Bank charges | 1,455 | 1,378 | ||
Insurance | 150,257 | 151,695 | ||
Equipment hire | 19,736 | 32,546 | ||
Software | 13,852 | 15,046 | ||
Repairs and maintenance | 7,588 | 8,584 | ||
Depreciation | 260,924 | 314,423 | ||
Sundry expenses | 14,451 | 27,055 | ||
523,491 | 627,092 | |||
Legal and professional costs: | ||||
Accountancy fees | 2,000 | 20,000 | ||
Commissions payable | - | 15,330 | ||
Advertising and PR | 3,236 | 27,899 | ||
Other legal and professional | 17,172 | 89,702 | ||
22,408 | 152,931 | |||
1,168,318 | 1,492,115 | |||