REGISTERED NUMBER: 07216362 (England and Wales)

NAVIGATION COURT LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D C Pugh

H Pugh

REGISTERED OFFICE:

16 Henley Close

Rawdon

Leeds

West Yorkshire

LS19 6QB

REGISTERED NUMBER:

07216362 (England and Wales)

ACCOUNTANTS:

UHY BPR Heaton

Chartered Accountants

Glenewes House

Gate Way Drive

Leeds

West Yorkshire

LS19 7XY

FIXED ASSETS

Tangible assets

4

-

-

Investment property

5

1,430,316

1,798,710

1,430,316

1,798,710

CURRENT ASSETS

Debtors

6

732

20,200

Cash at bank

258,545

24,242

259,277

44,442

CREDITORS

Amounts falling due within one year

7

(45,735

)

(49,564

)

NET CURRENT ASSETS/(LIABILITIES)

213,542

(5,122

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,643,858

1,793,588

PROVISIONS FOR LIABILITIES

(172,025

)

(216,343

)

NET ASSETS

1,471,833

1,577,245

CAPITAL AND RESERVES

Called up share capital

1,000

2

Fair value reserve

8

632,112

795,136

Retained earnings

838,721

782,107

SHAREHOLDERS' FUNDS

1,471,833

1,577,245

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2026 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 July 2026 and were signed on its behalf by:

D C Pugh - Director

1.	STATUTORY INFORMATION

Navigation Court 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention and in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 'The Financial Reporting Standard Applicable in the UK and Republic of Ireland' (FRS 102) and the Companies Act 2006.

Significant judgements and estimates

The preparation of financial statements in compliance with FRS 102 section 1A requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting policies.

Turnover

Turnover represents rental income from property.

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

-

25% on cost

Investment property

Investment properties are shown at their fair value. Gains are recognised in the fair value reserve which is a non-distributable reserve.

Deferred taxation is provided on these gains at the rate expected to apply when the property is sold, with the provision adjusted against the fair value reserve.

Financial instruments

Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instrument.

Financial assets and liabilities are initially measured at transaction price, except for those financial assets classified as at fair value through profit or loss.

Basic financial instruments

Basic financial instruments are those with relatively straight forward terms and would normally include cash, bank balances, trade debtors, trade creditors and uncomplicated bank loans.

Where the arrangement does not constitute a financing transaction, e.g. trade debtors on normal commercial terms, the debtor will be valued initially at transaction price (i.e. cost) and subsequently at transaction price less impairment (if any) due to concerns over recoverability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 6 April 2025

and 5 April 2026

1,502

DEPRECIATION

At 6 April 2025

and 5 April 2026

1,502

NET BOOK VALUE

At 5 April 2026

-

5.	INVESTMENT PROPERTY

The investment property was last revalued by the directors in 2023.

Investment property is accounted for using the fair value model. The Directors have assessed the investment property value as at 5 April 2026 and are of the opinion that the overall revised carrying value is still appropriate.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

732

20,200

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

42,230

40,254

Other creditors

3,505

9,310

45,735

49,564

8.

RESERVES

Fair

value

reserve

£

At 6 April 2025

795,136

Deferred tax released on property sale

44,318

Revaluation released on property sale

(207,342

)

At 5 April 2026

632,112

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 5 April 2026 and 5 April 2025:

2026

2025

£

£

D C Pugh and H Pugh

Balance outstanding at start of year

19,327

-

Amounts advanced

1,017

20,000

Amounts repaid

(20,000

)

(673

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

344

19,327