Registration number: 12178737

MAJ Joinery Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

MAJ Joinery Ltd

Company Information

Directors

Mr G J Hassall Mrs L Hassall

Registered office

10 Hurricane Court Hurricane Drive Speke Liverpool England L24 8RL

Accountants

Harbour Key Limited Midway House Herrick Way Staverton Cheltenham GL51 6TQ

MAJ Joinery Ltd

(Registration number: 12178737)
Balance Sheet as at 30 September 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	-	9,412
Current assets
Stocks		-	19,021
Debtors	5	163,023	17,383
Cash at bank and in hand		122,699	306,144
		285,722	342,548
Creditors: Amounts falling due within one year	6	(35,037)	(57,500)
Net current assets		250,685	285,048
Total assets less current liabilities		250,685	294,460
Provisions for liabilities		-	(1,789)
Net assets		250,685	292,671
Capital and reserves
Called up share capital		100	100
Retained earnings		250,585	292,571
Shareholders' funds		250,685	292,671

For the financial period ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

MAJ Joinery Ltd

(Registration number: 12178737)
Balance Sheet as at 30 September 2025

Approved and authorised by the Board on 25 May 2026 and signed on its behalf by:
 

......................................... Mr G J Hassall Director

......................................... Mrs L Hassall Director

MAJ Joinery Ltd

Notes to the Unaudited Financial Statements for the Period from 1 September 2024 to 30 September 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
10 Hurricane Court
Hurricane Drive
Speke
Liverpool
L24 8RL
England

These financial statements were authorised for issue by the Board on 25 May 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentational currency of the financial statements is British Pound £, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are round to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

MAJ Joinery Ltd

Notes to the Unaudited Financial Statements for the Period from 1 September 2024 to 30 September 2025

Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profits.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	15% on reducing balance
Motor vehicles	25% on reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for goods sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

MAJ Joinery Ltd

Notes to the Unaudited Financial Statements for the Period from 1 September 2024 to 30 September 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the period, was 5 (2024 - 5).

MAJ Joinery Ltd

Notes to the Unaudited Financial Statements for the Period from 1 September 2024 to 30 September 2025

4	Tangible assets

	Motor vehicles  £	Plant and machinery £	Total £
Cost or valuation
At 1 September 2024	24,269	2,730	26,999
Additions	43,085	-	43,085
Disposals	(67,354)	(2,730)	(70,084)
At 30 September 2025	-	-	-
Depreciation
At 1 September 2024	16,911	676	17,587
Eliminated on disposal	(16,911)	(676)	(17,587)
At 30 September 2025	-	-	-
Carrying amount
At 30 September 2025	-	-	-
At 31 August 2024	7,358	2,054	9,412

5

Debtors

Current	Note	2025 £	2024 £
Trade debtors		21,529	-
Amounts owed by group undertakings and undertakings in which the company has a participating interest	7	105,291	-
Prepayments		741	-
Other debtors		35,462	17,383
		163,023	17,383

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Trade creditors		3,454	72
Taxation and social security		28,210	10,524
Other creditors		3,373	46,904
		35,037	57,500

MAJ Joinery Ltd

Notes to the Unaudited Financial Statements for the Period from 1 September 2024 to 30 September 2025

7	Related party transactions

Summary of transactions with parent

The company is exempt from disclosing related party transactions with other companies that are wholly owned within the Group under section 33.1A of FRS 102.

8	Parent and ultimate parent undertaking

The company's immediate parent is G & G Joinery Services Limited, incorporated in England and Wales.

 The ultimate parent is G & G Joinery Services (Holdings) Limited, also incorporated in England and Wales.