REGISTERED NUMBER: 07905155 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

MAJA ASSOCIATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J G Hesp

Mrs A J Hesp

W McCoid

REGISTERED OFFICE:

33 - 35 Exchange Street

Driffield

East Yorkshire

YO25 6LL

REGISTERED NUMBER:

07905155 (England and Wales)

ACCOUNTANTS:

Jackson Robson Licence Limited

33-35 Exchange Street

Driffield

East Yorkshire

YO25 6LL

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

83,315

90,691

83,315

90,691

CURRENT ASSETS

Stocks

6,200

6,000

Debtors

6

236

119

Cash at bank and in hand

21,728

35,472

28,164

41,591

CREDITORS

Amounts falling due within one year

7

31,886

34,427

NET CURRENT (LIABILITIES)/ASSETS

(3,722

)

7,164

TOTAL ASSETS LESS CURRENT LIABILITIES

79,593

97,855

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

79,493

97,755

SHAREHOLDERS' FUNDS

79,593

97,855

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 18 June 2026 and were signed on its behalf by:

J G Hesp - Director

W McCoid - Director

1.	STATUTORY INFORMATION

MAJA Associates 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012 was amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

10% on reducing balance

Fixtures & fittings

-

15% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2025 - 24 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

5,000

AMORTISATION

At 1 April 2025

and 31 March 2026

5,000

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Improvements

to

Fixtures

Computer

property

& fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2025

106,810

108,672

-

215,482

Additions

-

3,000

233

3,233

At 31 March 2026

106,810

111,672

233

218,715

DEPRECIATION

At 1 April 2025

37,700

87,091

-

124,791

Charge for year

6,910

3,687

12

10,609

At 31 March 2026

44,610

90,778

12

135,400

NET BOOK VALUE

At 31 March 2026

62,200

20,894

221

83,315

At 31 March 2025

69,110

21,581

-

90,691

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

236

119

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

2,771

1,181

Taxation and social security

14,080

23,932

Other creditors

15,035

9,314

31,886

34,427

8.	ULTIMATE CONTROLLING PARTY

The ordinary share capital is held such that there is no single controlling party of the reporting entity.