REGISTERED NUMBER: 09157425 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

NAVIGATION CARE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C Goss

REGISTERED OFFICE:

4 Lloyd Road

Tettenhall

Wolverhampton

WV6 9AU

REGISTERED NUMBER:

09157425 (England and Wales)

ACCOUNTANTS:

Askews Chartered Certified Accountants

5 The Quadrant

Coventry

West Midlands

CV1 2EL

FIXED ASSETS

Intangible assets

4

284,534

-

Tangible assets

5

2,617,177

974,366

2,901,711

974,366

CURRENT ASSETS

Stocks

5,000

-

Debtors

6

4,021,910

3,421,187

Cash at bank

634,720

620,103

4,661,630

4,041,290

CREDITORS

Amounts falling due within one year

7

763,269

368,235

NET CURRENT ASSETS

3,898,361

3,673,055

TOTAL ASSETS LESS CURRENT LIABILITIES

6,800,072

4,647,421

CREDITORS

Amounts falling due after more than one year

8

(1,302,352

)

-

PROVISIONS FOR LIABILITIES

9

(609,800

)

(610,775

)

NET ASSETS

4,887,920

4,036,646

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

4,887,918

4,036,644

4,887,920

4,036,646

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 June 2026 and were signed by:

C M Goss - Director

1.	STATUTORY INFORMATION

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

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2025, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Plant and Machinery - 20% straight line

Motor vehicles - 20 % Straight line

Computer Equipment - 20% straight line

Property - not depreciated

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financial transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 year 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.

Retirement benefits

The company provides pension benefits for senior employees, under the terms of the pension contracts entered into with the senior employees, fixed sums are provided for now in order to provide pension benefits to the individuals upon their retirement. The pension contracts allow for an annual increase in respect of indexation over and above the initial contracted amount.

Although under section 28 of FRS 102 this pension arrangement is regarded as being a defined benefit scheme, the directors consider that it does not bear any of the hallmarks of a defined benefit scheme as the company's contributions are fixed until the point of retirement at which point any further contributions of annual increases cease. Further information can be found in note 10 to the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 71 (2024 - 51 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

Additions

299,510

At 30 September 2025

299,510

AMORTISATION

Amortisation for year

14,976

At 30 September 2025

14,976

NET BOOK VALUE

At 30 September 2025

284,534

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 October 2024

964,666

12,290

-

Additions

1,610,711

-

40,000

At 30 September 2025

2,575,377

12,290

40,000

DEPRECIATION

At 1 October 2024

-

12,290

-

Charge for year

-

-

4,000

At 30 September 2025

-

12,290

4,000

NET BOOK VALUE

At 30 September 2025

2,575,377

-

36,000

At 30 September 2024

964,666

-

-

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 October 2024

19,500

10,227

1,006,683

Additions

-

-

1,650,711

At 30 September 2025

19,500

10,227

2,657,394

DEPRECIATION

At 1 October 2024

9,800

10,227

32,317

Charge for year

3,900

-

7,900

At 30 September 2025

13,700

10,227

40,217

NET BOOK VALUE

At 30 September 2025

5,800

-

2,617,177

At 30 September 2024

9,700

-

974,366

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

(919

)

-

Other debtors

4,022,829

3,421,187

4,021,910

3,421,187

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

58,807

-

Trade creditors

1,560

1,683

Taxation and social security

288,619

206,591

Other creditors

414,283

159,961

763,269

368,235

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

1,302,352

-

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

1,450

2,425

Pension Provision

608,350

608,350

609,800

610,775

Deferred

Retirement

tax

benefit

£

£

Balance at 1 October 2024

2,425

608,350

Utilised during year

(975

)

-

Indexation of prior year

Balance at 30 September 2025

1,450

608,350

2025

2024

£

£

Retirement benefits

-

408,350

10.	RELATED PARTY DISCLOSURES

Included within creditors at the year end is an aggregated amount due to a company under common control £29,448 (2024- £14,898). The loan is interest free and payable on demand.

Included within debtors at the year end is an aggregated amount due from companies under common control £3,998,082 (2024 - £3,417,082). The loan is interest free and payable on demand.

The company was under the control of Mr C Goss throughout the current year. Mr C Goss is the managing director and majority shareholder

Remuneration of key management personnel

The remuneration of key management personnel is as follows.

2025

2024

£

£

Aggregate compensation

-

430,016

11.	RETIREMENT BENEFIT SCHEMES

2025

2024

£

£

Charge to profit or loss in respect of defined benefit schemes

-

408,350

The company provided pension benefits in respect of Mr Christopher Michael Goss. Amounts payable are charged to the profit and loss account in the prior year as a constructive obligation existed at 30th September 2024. This obligation was satisfied within 9 months of the year end by the company entering into the contract with the employee. The number of directors to whom pension benefits are accruing under these pension agreements is 1 (2024: 1).

The contributions and potential liabilities of the company in respect of the pension agreement are fixed at least until the date of retirement of the employee which is over 8 years from the year end date.

Although under section 28 of FRS 102 this pension arrangement is regarded as being a defined benefit scheme, the directors are of the opinion that it does not bear any of the hallmarks of what is usually considered to be a defined benefit scheme and therefore no further disclosures are considered necessary in order to understand the nature and measurement of the liability.

The directors are also of the opinion that the liability as disclosed in the financial statements represents the full and final amount which could be expected, at this stage, to be paid in the future to settle the pension agreement liabilities.