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REGISTERED NUMBER: 02362974 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

NAVIGATION BUSINESS VILLAGE (PRESTON)
LIMITED

NAVIGATION BUSINESS VILLAGE (PRESTON)
LIMITED (REGISTERED NUMBER: 02362974)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


NAVIGATION BUSINESS VILLAGE (PRESTON)
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTOR: Mrs K Lang





REGISTERED OFFICE: 15 Navigation Business Village
Navigation Way
Preston
Lancashire
PR2 2YP





REGISTERED NUMBER: 02362974 (England and Wales)





ACCOUNTANTS: Streets Turner Limited
Chartered Accountants
9 Victoria Rd
Fulwood
Preston
Lancashire
PR2 8ND

NAVIGATION BUSINESS VILLAGE (PRESTON)
LIMITED (REGISTERED NUMBER: 02362974)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 49 61

CURRENT ASSETS
Debtors 5 1,357 1,570
Cash at bank 24,946 24,567
26,303 26,137
CREDITORS
Amounts falling due within one year 6 2,656 2,207
NET CURRENT ASSETS 23,647 23,930
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,696

23,991

CAPITAL AND RESERVES
Called up share capital 7 22 22
Retained earnings 23,674 23,969
SHAREHOLDERS' FUNDS 23,696 23,991

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 10 July 2025 and were signed by:





Mrs K Lang - Director


NAVIGATION BUSINESS VILLAGE (PRESTON)
LIMITED (REGISTERED NUMBER: 02362974)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

Navigation Business Village (Preston) 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance

Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that the future economic benefit will flow to the entity;
and specific criteria have been met for each of the company's activities,

Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for impairment of trade debtors is established when there is objective evidence that the company will ot be able to collect all amounts due according to the original terms of the receivables.

Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

NAVIGATION BUSINESS VILLAGE (PRESTON)
LIMITED (REGISTERED NUMBER: 02362974)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 January 2024
and 31 December 2024 2,570
DEPRECIATION
At 1 January 2024 2,509
Charge for year 12
At 31 December 2024 2,521
NET BOOK VALUE
At 31 December 2024 49
At 31 December 2023 61

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 1,357 1,570

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 82 31
Other creditors 2,574 2,176
2,656 2,207

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
22 Ordinary 1 22 22

NAVIGATION BUSINESS VILLAGE (PRESTON)
LIMITED (REGISTERED NUMBER: 02362974)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


8. RELATED PARTY DISCLOSURES

Directors of Navigation Business Village (Preston) Limited

Kate Hunter is the Office Manager of Pettit Singleton Associates, occupier of Units 10 and 11.


Receipts by NBV (Preston) Limited

All Directors are connected to owners or occupiers of Units at Navigation Business Village. All these companies have paid the standard annual service charge per unit to Navigation Business Village (Preston) Limited.

Payments by NBV (Preston) Limited

Payments relating to managing agent services were made to Aegis Services Ltd in 2024. These were at normal market conditions and the amounts have been separately itemised in the published annual accounts, the sums being inclusive of VAT.