ACCOUNTS - Final Accounts preparation

Hire purchase and finance leases

Minimum lease payments under hire purchase fall due as follows:

Company registration number: 03678387

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 DECEMBER 2024

	NAVROH (UK) LIMITED


NAVROH (UK) LIMITED

COMPANY INFORMATION

Directors	K R Bhojwani
	U K Bhojwani


Company secretary	K R Bhojwani


Registered number	03678387


Registered office	9 Ritz Parade
	London
	W5 3RA


Accountants	Menzies LLP
	Chartered Accountants
	4th Floor
	95 Gresham Street
	London
	EC2V 7AB


NAVROH (UK) LIMITED

CONTENTS

	Page
Statement of financial position	1 - 2
Notes to the financial statements	3 - 7


NAVROH (UK) LIMITED REGISTERED NUMBER:03678387

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£

Fixed assets
Tangible assets	4		30,630		36,464
Investments	5		158,246		150,000
			188,876		186,464
Current assets
Debtors: amounts falling due within one year	6	22,184		25,415
Cash at bank and in hand		214,755		158,426
		236,939		183,841
Creditors: amounts falling due within one year	7	(43,282)		(40,388)
Net current assets			193,657		143,453
Total assets less current liabilities			382,533		329,917
Creditors: amounts falling due after more than one year	8		(26,172)		(26,474)
Provisions for liabilities
Deferred tax		-		(9,116)
			-		(9,116)
Net assets			356,361		294,327

Capital and reserves
Called up share capital	100	100
Profit and loss account	356,261	294,227
	356,361	294,327

Page 1


NAVROH (UK) LIMITED REGISTERED NUMBER:03678387

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 DECEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question 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 financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

K R Bhojwani

Director

Date: 28 August 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2


NAVROH (UK) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

Navroh (UK) Limited is a private company, limited by shares, registered in England and Wales, company registration
number 03678387. The registered office is stated on the company information page.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

2.3

Revenue

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Revenue represents the invoiced value of services provided, net of value added tax. Revenue is recognised when delivery of services is accepted by the customers.

2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.5

Pensions

Defined contribution pension plan

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 payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

Page 3


NAVROH (UK) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Motor vehicles	-	25%
Fixtures and fittings	-	33.33%
Computer equipment	-	33.33%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 4


NAVROH (UK) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 3).

4.	Tangible fixed assets

	Motor vehicles	Fixtures and fittings	Computer equipment	Total
	£	£	£	£
Cost or valuation
At 1 January 2024	48,385	-	523	48,908
Additions	-	6,960	-	6,960
At 31 December 2024	48,385	6,960	523	55,868
Depreciation
At 1 January 2024	12,096	-	348	12,444
Charge for the year on owned assets	12,097	522	175	12,794
At 31 December 2024	24,193	522	523	25,238
Net book value
At 31 December 2024	24,192	6,438	-	30,630
At 31 December 2023	36,289	-	175	36,464

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:
	2024	2023
	£	£


Motor vehicles	24,192	36,289
	24,192	36,289

Page 5


NAVROH (UK) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

5.	Fixed asset investments

		Fixed asset investments
		£
	Cost or valuation
	At 1 January 2024	150,000
	Additions	8,246
	At 31 December 2024	158,246

Debtors

					2024	2023
					£	£


Trade debtors	20,088	6,000
Other debtors	533	5
Prepayments and accrued income	1,563	19,410
	22,184	25,415

7.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Corporation tax	-	22,876
Other taxation and social security	12,016	10,443
Obligations under finance lease and hire purchase contracts	3,865	3,865
Other creditors	629	629
Accruals and deferred income	26,772	2,575
	43,282	40,388

8.	Creditors: Amounts falling due after more than one year
		2024	2023
		£	£

Net obligations under finance leases and hire purchase contracts	26,172	26,474
	26,172	26,474

Page 6


NAVROH (UK) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Within one year	3,864	3,543
Between 1-5 years	26,172	24,663
	30,036	28,206

10.	Related party transactions
	At the year end the company owed Mr K Bhojwani, a director of the company £629 (2023: £629).

Page 7