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REGISTERED NUMBER: SC442650 (Scotland)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

CC OFFSHORE LTD

CC OFFSHORE LTD (REGISTERED NUMBER: SC442650)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Certified Accountants' Report 6

CC OFFSHORE LTD

COMPANY INFORMATION
for the Year Ended 31 May 2024







DIRECTOR: Mr C Corbett





REGISTERED OFFICE: 14 Findon Place
Findon
Aberdeen
AB12 3RS





REGISTERED NUMBER: SC442650 (Scotland)





ACCOUNTANTS: Acumen Accountants and Advisors Limited
Bankhead Drive
City South Office Park
Portlethen
Aberdeenshire
AB12 4XX

CC OFFSHORE LTD (REGISTERED NUMBER: SC442650)

BALANCE SHEET
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 40,059 -

CURRENT ASSETS
Debtors 5 23,981 -
Cash at bank 34,436 1,645
58,417 1,645
CREDITORS
Amounts falling due within one year 6 20,637 (77 )
NET CURRENT ASSETS 37,780 1,722
TOTAL ASSETS LESS CURRENT LIABILITIES 77,839 1,722

CREDITORS
Amounts falling due after more than one year 7 (27,180 ) -

PROVISIONS FOR LIABILITIES 8 (10,015 ) -
NET ASSETS 40,644 1,722

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 40,544 1,622
SHAREHOLDERS' FUNDS 40,644 1,722

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 November 2024 and were signed by:





Mr C Corbett - Director


CC OFFSHORE LTD (REGISTERED NUMBER: SC442650)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Cc Offshore Ltd is a private company, limited by shares , registered in Scotland. 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
These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 directors of the company have elected not to include a copy of the profit and loss account within the financial statements.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation and any impairment losses.

The gain or loss arising on the disposal of an asset is determined as the difference between the proceeds and the carrying value of the asset and is included in the profit and loss account.

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.

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.

3. EMPLOYEES AND DIRECTORS

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

CC OFFSHORE LTD (REGISTERED NUMBER: SC442650)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 June 2023 - 1,488 1,488
Additions 41,801 - 41,801
Disposals - 1,488 1,488
At 31 May 2024 41,801 2,976 44,777
DEPRECIATION
At 1 June 2023 - 1,488 1,488
Charge for year 1,742 - 1,742
Eliminated on disposal - 1,488 1,488
At 31 May 2024 1,742 2,976 4,718
NET BOOK VALUE
At 31 May 2024 40,059 - 40,059
At 31 May 2023 - - -

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 41,801
At 31 May 2024 41,801
DEPRECIATION
Charge for year 1,742
At 31 May 2024 1,742
NET BOOK VALUE
At 31 May 2024 40,059

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 19,906 -
Other debtors 4,075 -
23,981 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 5,347 -
Taxation and social security 15,290 (510 )
Other creditors - 433
20,637 (77 )

CC OFFSHORE LTD (REGISTERED NUMBER: SC442650)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 May 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 27,180 -

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 10,015 -

Deferred
tax
£   
Charge to Income Statement during year 10,015
Balance at 31 May 2024 10,015

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2024 and 31 May 2023:

2024 2023
£    £   
Mr C Corbett
Balance outstanding at start of year - -
Amounts advanced 3,405 -
Amounts repaid (3,405 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

These amounts bear no interest and have no fixed repayment terms.

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr C Corbett.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
CC OFFSHORE LTD (REGISTERED NUMBER: SC442650)

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Cc Offshore Ltd for the year ended 31 May 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Cc Offshore Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Cc Offshore Ltd and state those matters that we have agreed to state to the director of Cc Offshore Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Cc Offshore Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Cc Offshore Ltd. You consider that Cc Offshore Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Cc Offshore Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Acumen Accountants and Advisors Limited
Bankhead Drive
City South Office Park
Portlethen
Aberdeenshire
AB12 4XX


25 November 2024