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REGISTERED NUMBER: 06934722 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

MAJ Engineering Offshore Limited

MAJ Engineering Offshore Limited (Registered number: 06934722)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MAJ Engineering Offshore Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: Mr M Jervis





REGISTERED OFFICE: Manor Court Cottage
Main Street
Linton on Ouse
YORK
North Yorkshire
YO30 2AY





REGISTERED NUMBER: 06934722 (England and Wales)





ACCOUNTANTS: JBC Accountants Limited
Chartered Accountants
3B Lockheed Court
Preston Farm
Stockton on Tees
TS18 3SH

MAJ Engineering Offshore Limited (Registered number: 06934722)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,160 4,479

CURRENT ASSETS
Debtors 5 13,816 58,504
Cash at bank 35,533 -
49,349 58,504
CREDITORS
Amounts falling due within one year 6 36,752 22,947
NET CURRENT ASSETS 12,597 35,557
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,757

40,036

CREDITORS
Amounts falling due after more than one
year

7

5,433

9,333
NET ASSETS 10,324 30,703

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 10,314 30,693
SHAREHOLDERS' FUNDS 10,324 30,703

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

MAJ Engineering Offshore Limited (Registered number: 06934722)

Balance Sheet - continued
30 April 2024


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 28 January 2025 and were signed by:





Mr M Jervis - Director


MAJ Engineering Offshore Limited (Registered number: 06934722)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

MAJ Engineering Offshore 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.

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 etc - 25% on reducing balance, 25% on cost and 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account.

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.

Current and deferred 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.

3. EMPLOYEES AND DIRECTORS

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

MAJ Engineering Offshore Limited (Registered number: 06934722)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 22,956
Additions 1,298
Disposals (4,109 )
At 30 April 2024 20,145
DEPRECIATION
At 1 May 2023 18,477
Charge for year 884
Eliminated on disposal (2,376 )
At 30 April 2024 16,985
NET BOOK VALUE
At 30 April 2024 3,160
At 30 April 2023 4,479

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 13,816 21,558
Other debtors - 36,946
13,816 58,504

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 4,000 4,203
Taxation and social security 30,690 17,411
Other creditors 2,062 1,333
36,752 22,947

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 5,433 9,333

MAJ Engineering Offshore Limited (Registered number: 06934722)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2024 and 30 April 2023:

2024 2023
£    £   
Mr M Jervis
Balance outstanding at start of year 36,945 10,671
Amounts advanced - 50,556
Amounts repaid (36,945 ) (24,282 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 36,945

Interest has been charged on the above loan at 2.25%.