Navigate 2 Limited - Limited company - abbreviated - 11.6
Navigate 2 Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| Abbreviated Accounts for the Year Ended 31 March 2015 |
| for |
| Navigate 2 Limited |
| Navigate 2 Limited (Registered number: 08426894) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 March 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Navigate 2 Limited |
| Company Information |
| for the Year Ended 31 March 2015 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Navigate 2 Limited (Registered number: 08426894) |
| Abbreviated Balance Sheet |
| 31 March 2015 |
| 2015 | 2014 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 were approved by the director on |
| Navigate 2 Limited (Registered number: 08426894) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 March 2015 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance with the Financial |
| Reporting Standard for Smaller Entities (effective April 2008). |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax, except in respect of service contracts where |
| turnover is recognised when the company obtains the right to consideration. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| 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 between the taxable profits and the results as stated in the financial statements that arise from the |
| inclusion of gains and losses in tax assessments in periods different from those in which they are recognised in the financial |
| statements. |
| A net deferred tax asset is regarded as recoverable and therefore recognised only when it can be regarded as more likely than |
| not that there will be suitable taxable profits from which the future reversal of underlying timing differences can be deducted. |
| Deferred tax is not recognised when fixed assets are revalued unless by the balance sheet date there is a binding agreement to |
| sell the revalued assets and the asset has been revalued to selling price. Neither is deferred tax recognised when fixed assets |
| are sold and it is more likely than not that the taxable gain will be rolled over, being charged to tax only if and when the |
| replacement assets are sold. |
| 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 the profit and loss account in the period to which they relate. |
| Government grants |
| Capital based government grants are included within accruals and deferred income in the balance sheet and credited to |
| trading profit over the estimated useful economics lives of the assets to which they relate. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2014 |
| Additions |
| At 31 March 2015 |
| DEPRECIATION |
| At 1 April 2014 |
| Charge for year |
| At 31 March 2015 |
| NET BOOK VALUE |
| At 31 March 2015 |
| At 31 March 2014 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary | £0.10 |
| Navigate 2 Limited (Registered number: 08426894) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 March 2015 |
| 4. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the year ended 31 March 2015 and the period ended |
| 31 March 2014: |
| 2015 | 2014 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid |
| Balance outstanding at end of year |