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Registered number: 01797996
Majestic Engineering Limited
Unaudited Financial Statements
For the Period 1 August 2024 to 31 January 2026
Majestic Engineering Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
Majestic Engineering Limited
Balance Sheet
As At 31 January 2026
Balance Sheet
Registered number: 01797996

| 31 January 2026 | 31 July 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 4,613 |  | 5,599
|  |  | 4,613 |  | 5,599
CURRENT ASSETS
Stocks | 5 | - |  | 4,500 |
Debtors | 6 | 4,748 |  | 105,463 |
Cash at bank and in hand |  | 11,946 |  | 28,366 |
|  | 16,694 |  | 138,329 |
Creditors: Amounts Falling Due Within One Year | 7 | (1,848 ) |  | (118,489 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 14,846 |  | 19,840
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 19,459 |  | 25,439
Creditors: Amounts Falling Due After More Than One Year | 8 |  | - |  | (7,206 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (1,153 ) |  | (1,400 )
NET ASSETS |  |  | 18,306 |  | 16,833
CAPITAL AND RESERVES
Called up share capital | 9 |  | 100 |  | 100
Profit and Loss Account |  |  | 18,206 |  | 16,733
SHAREHOLDERS' FUNDS |  |  | 18,306 |  | 16,833

Page 1
Page 2
Majestic Engineering Limited
Balance Sheet (continued)
As At 31 January 2026
For the period ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mr K Ballinger Director
28 May 2026

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Majestic Engineering Limited
Notes to the Financial Statements
For the Period 1 August 2024 to 31 January 2026
Notes to the Financial Statements
1. General Information
Majestic Engineering Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01797996 . The registered office is Hanover Buildings, 11-13 Hanover Street, Liverpool, Merseyside, L1 3DN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
2.3. Tangible Fixed Assets and Depreciation
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation is calculated so as to write off the cost or valuation of an asset, less itsresidual value, over the useful economic life of that asset as follows:

Plant and machinery | 25% reducing balance
Motor vehicles | 25% reducing balance

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
2.4. Leasing and Hire Purchase Contracts
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
2.5. Stocks and Work in Progress
Stocks are measured at the lower of cost and estimated selling price less costs tocomplete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
2.6. Financial Instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.
2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Page 3
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Majestic Engineering Limited
Notes to the Financial Statements (continued)
For the Period 1 August 2024 to 31 January 2026
2.8. Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
2.9. Pensions
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
2.10. Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
2.11. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 4 (2024: 5)
4 5
4. Tangible Assets

| Plant and machinery | Motor vehicles | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 August 2024 | 86,633 | 13,795 | 100,428
Additions | 727 | - | 727
Disposals | (83,061 ) | - | (83,061 )
As at 31 January 2026 | 4,299 | 13,795 | 18,094
Depreciation
As at 1 August 2024 | 86,479 | 8,350 | 94,829
Provided during the period | 317 | 1,361 | 1,678
Disposals | (83,026 ) | - | (83,026 )
As at 31 January 2026 | 3,770 | 9,711 | 13,481
Net Book Value
As at 31 January 2026 | 529 | 4,084 | 4,613
As at 1 August 2024 | 154 | 5,445 | 5,599

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
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Page 5
Majestic Engineering Limited
Notes to the Financial Statements (continued)
For the Period 1 August 2024 to 31 January 2026
5. Stocks

| 31 January 2026 |  | 31 July 2024
--- | --- | --- | ---
| £ |  | £
Stock | - |  | 4,500

6. Debtors

| 31 January 2026 |  | 31 July 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 935 |  | 79,706
Other debtors | 3,813 |  | 25,757
| 4,748 |  | 105,463

7. Creditors: Amounts Falling Due Within One Year

| 31 January 2026 |  | 31 July 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 599 |  | 86,781
Bank loans and overdrafts | 2,814 |  | 8,000
Other creditors | 2,188 |  | 4,031
Taxation and social security | (3,753 ) |  | 19,677
| 1,848 |  | 118,489

The debenture is secured by fixed and floating charges over the undertaking and all property and assets present and future including goodwill, bookdebts, uncalled capital, buildings, fixtures and plant and machinery.
8. Creditors: Amounts Falling Due After More Than One Year

| 31 January 2026 |  | 31 July 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | - |  | 7,206

9. Share Capital

| 31 January 2026 |  | 31 July 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

Page 5
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Majestic Engineering Limited
Notes to the Financial Statements (continued)
For the Period 1 August 2024 to 31 January 2026
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:

| 31 January 2026 |  | 31 July 2024
--- | --- | --- | ---
| £ |  | £
Not later than one year | - |  | 15,000
| - |  | 15,000

11. Directors Advances, Credits and Guarantees
A director had brought forward interest free advances as follows:

| As at 1 August 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 January 2026
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Kenneth Ballinger | 23,362 | 37,350 | 61,400 | - | 688

The director's loan account is interest free and repayable on demand.
12. Related Party Transactions
The following related party transactions were undertaken during the year:
A director and shareholder, withdrew amounts totalling £37,350 and introduced amounts totalling £61,400 (2024: withdrew amounts totalling £23,810 and introduced amounts totalling £21,000). At the year end the balance payable to the director was £688 (2024: £23,362 payable to the company).
Dividends were paid to the directors in respect of their shareholdings totalling £20,000 (2024: £21,000).
No further transactions with related parties were undertaken, other than those under normal market conditions, such as are required to be disclosed in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
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