JPG Subsea Engineering Limited - Period Ending 2019-05-31

Registration number: 08401909

JPG Subsea Engineering Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 May 2019

Blu Sky Chartered Accountants
Ye Olde Hundred
69
Church Way
North Shields
NE29 0AE

JPG Subsea Engineering Limited

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3

JPG Subsea Engineering Limited

Company Information

Director

J Grieve

Registered office

15 Otterburn Avenue Newcastle Upon Tyne NE3 4RR

Accountants

Blu Sky Chartered Accountants Ye Olde Hundred 69 Church Way North Shields NE29 0AE

Page 1

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
JPG Subsea Engineering Limited
for the Year Ended 31 May 2019

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of JPG Subsea Engineering Limited for the year ended 31 May 2019 as set out on pages 3 to 4 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the Board of Directors of JPG Subsea Engineering Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of JPG Subsea Engineering Limited and state those matters that we have agreed to state to the Board of Directors of JPG Subsea Engineering Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than JPG Subsea Engineering Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that JPG Subsea Engineering Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of JPG Subsea Engineering Limited. You consider that JPG Subsea Engineering Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of JPG Subsea Engineering Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Blu Sky Chartered Accountants
Ye Olde Hundred
69
Church Way
North Shields
NE29 0AE

16 July 2019

Page 2

JPG Subsea Engineering Limited

(Registration number: 08401909)
Balance Sheet as at 31 May 2019

	2019 £	2018 £
Fixed assets	1,208	966
Current assets	29,084	55,730
Prepayments and accrued income	17,114	-
Creditors: Amounts falling due within one year	(26,965)	(25,041)
Net current assets	19,233	30,689
Total assets less current liabilities	20,441	31,655
Creditors: Amounts falling due after more than one year	-	(192)
Accruals and deferred income	-	(2,130)
	20,441	29,333
Capital and reserves	20,441	29,333

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 31 May 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

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

Page 3

JPG Subsea Engineering Limited

(Registration number: 08401909)
Balance Sheet as at 31 May 2019

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The company registered number is: 08401909

The address of its registered office is:
15 Otterburn Avenue
Newcastle Upon Tyne
NE3 4RR

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2018 - 2).

Approved and authorised by the director on 16 July 2019
 

.........................................

J Grieve

Director

Page 4