Company Registration No. 10801329 (England and Wales)
GEORDIE OFFSHORE LTD
Unaudited accounts
for the year ended 30 June 2026
GEORDIE OFFSHORE LTD
Unaudited accounts
Contents
GEORDIE OFFSHORE LTD
Company Information
for the year ended 30 June 2026
Company Number
10801329 (England and Wales)
Registered Office
22 COACH ROAD
GATESHEAD
TYNE & WEAR
NE11 0DY
ENGLAND
Accountants
Scott Accountancy Services
119 Lanchester Avenue
Gateshead
Tyne & Wear
NE9 7AN
GEORDIE OFFSHORE LTD
Statement of financial position
as at 30 June 2026
Tangible assets
1,276
1,664
Cash at bank and in hand
37,861
58,837
Creditors: amounts falling due within one year
(225)
(4,144)
Net current assets
37,636
54,693
Called up share capital
1
1
Profit and loss account
38,911
56,356
Shareholders' funds
38,912
56,357
For the year ending 30 June 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 July 2026 and were signed on its behalf by
Michael Treanor
Director
Company Registration No. 10801329
GEORDIE OFFSHORE LTD
Notes to the Accounts
for the year ended 30 June 2026
GEORDIE OFFSHORE LTD is a private company, limited by shares, registered in England and Wales, registration number 10801329. The registered office is 22 COACH ROAD, GATESHEAD, TYNE & WEAR, NE11 0DY, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing Balance
The director wishes it be known that he has been offered a prolonged external personal contract offshore working. He envisages returning to working through the company in the future and as such has maintained such contractual and necessary upkeep payments for the meanwhile. These will be upkept until such time as the company available assets do not cover the payments, at this time a decision will be made taking account of the circumstances at that time as to whether the company should be struck off or whether to invest directors funding to continue payments.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 July 2025
1,000
5,850
6,850
At 30 June 2026
1,000
5,850
6,850
At 1 July 2025
725
4,461
5,186
Charge for the year
41
347
388
At 30 June 2026
766
4,808
5,574
At 30 June 2026
234
1,042
1,276
At 30 June 2025
275
1,389
1,664
GEORDIE OFFSHORE LTD
Notes to the Accounts
for the year ended 30 June 2026
5
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
-
4,144
6
Average number of employees
During the year the average number of employees was 0 (2025: 1).