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REGISTERED NUMBER: SC681007 (Scotland)















Unaudited Financial Statements

for the Period 1 December 2023 to 31 March 2025

for

NAVI RGN LTD

NAVI RGN LTD (Registered number: SC681007)

Contents of the Financial Statements
for the Period 1 December 2023 to 31 March 2025










Page

Balance Sheet 1

Notes to the Financial Statements 2


NAVI RGN LTD (Registered number: SC681007)

Balance Sheet
31 March 2025

2025 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 50 692

CURRENT ASSETS
Debtors 5 - 1,868
Cash at bank 9,431 4,460
9,431 6,328
CREDITORS
Amounts falling due within one year 6 8,509 6,862
NET CURRENT ASSETS/(LIABILITIES) 922 (534 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

972

158

PROVISIONS FOR LIABILITIES 9 148
NET ASSETS 963 10

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 961 8
SHAREHOLDERS' FUNDS 963 10

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2025 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.

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 31 May 2025 and were signed on its behalf by:





Mr I C Cabau Sole - Director


NAVI RGN LTD (Registered number: SC681007)

Notes to the Financial Statements
for the Period 1 December 2023 to 31 March 2025


1. STATUTORY INFORMATION

NAVI RGN LTD is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number: SC681007

Registered office: 75/1 Comely Bank Avenue
Edinburgh
EH4 1ET

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared on a going concern basis.

At the balance sheet date, the company had net current assets of £922 (2023: net current liabilities of £504). The directors have pledged to financially support the company for the foreseeable future and on therefore feel it is appropriate that these accounts have been prepared on the going concern basis.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on cost

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation.

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.

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

Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends
Dividend distribution to the company’s shareholders is recognised as a liability in the financial
statements in the reporting period in which the dividends are declared.

NAVI RGN LTD (Registered number: SC681007)

Notes to the Financial Statements - continued
for the Period 1 December 2023 to 31 March 2025


3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 December 2023
and 31 March 2025 2,096
DEPRECIATION
At 1 December 2023 1,404
Charge for period 642
At 31 March 2025 2,046
NET BOOK VALUE
At 31 March 2025 50
At 30 November 2023 692

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2023
£    £   
Other debtors - 1,868

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2023
£    £   
Taxation and social security 8,094 5,917
Other creditors 415 945
8,509 6,862

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2023
value: £    £   
2 Ordinary 1 2 2

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 March 2025 and the year ended 30 November 2023:

2025 2023
£    £   
Mr I C Cabau Sole
Balance outstanding at start of period (1,731 ) (1,731 )
Amounts advanced 45,164 -
Amounts repaid 43,288 -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 86,721 (1,731 )

NAVI RGN LTD (Registered number: SC681007)

Notes to the Financial Statements - continued
for the Period 1 December 2023 to 31 March 2025


9. RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed the director £146 (2023: £1,781 the director owed the company ). This loan is interest free and repayable on demand.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr I C Cabau Sole.