REGISTERED NUMBER: 05530513 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 JANUARY 2024 TO 30 DECEMBER 2024

FOR

NAVITAS PROJECT SOLUTIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N A Harper

REGISTERED OFFICE:

53A Church Road

Wembdon

Bridgwater

Somerset

TA6 7RR

REGISTERED NUMBER:

05530513 (England and Wales)

ACCOUNTANTS:

Thompson Taraz Rand Ltd

Chartered Accountants

10 Jesus Lane

Cambridge

Cambridgeshire

CB5 8BA

FIXED ASSETS

Tangible assets

5

5,765

6,411

CURRENT ASSETS

Debtors

6

155,116

59,142

Cash and cash equivalents

309,524

199,790

464,640

258,932

CREDITORS

Amounts falling due within one year

7

(225,221

)

(183,322

)

NET CURRENT ASSETS

239,419

75,610

TOTAL ASSETS LESS CURRENT LIABILITIES

245,184

82,021

CREDITORS

Amounts falling due after more than one year

8

(5,056

)

(15,016

)

NET ASSETS

240,128

67,005

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

240,028

66,905

SHAREHOLDERS' FUNDS

240,128

67,005

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 December 2025 and were signed by:

N A Harper - Director

1.	STATUTORY INFORMATION

Navitas Project Solutions 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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.

Financial instruments

Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

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.

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.

4.	EMPLOYEES AND DIRECTORS

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

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

18,620

Additions

1,275

At 30 December 2024

19,895

DEPRECIATION

At 1 January 2024

12,209

Charge for period

1,921

At 30 December 2024

14,130

NET BOOK VALUE

At 30 December 2024

5,765

At 31 December 2023

6,411

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

155,116

40,333

Other debtors

-

18,809

155,116

59,142

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

10,782

10,782

Trade creditors

5,807

24,207

Taxation and social security

187,697

121,965

Other creditors

20,935

26,368

225,221

183,322

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

5,056

15,016

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary Share Capital

£1

100

100

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 30 December 2024 and the year ended 31 December 2023:

2024

2023

£

£

N A Harper

Balance outstanding at start of period

4,419

1,342

Amounts advanced

-

177,663

Amounts repaid

-

(174,586

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

-

4,419