Company Registration No. 07474600 (England and Wales)
Nicholson And Griffin (Leadenhall) Ltd
Unaudited accounts
for the year ended 31 December 2023
Nicholson And Griffin (Leadenhall) Ltd
Unaudited accounts
Contents
Nicholson And Griffin (Leadenhall) Ltd
Company Information
for the year ended 31 December 2023
Company Number
07474600 (England and Wales)
Registered Office
90 Gracechurch Street
Leadenhall Market
London
EC3V 0DN
England
Accountants
Accounts and Legal Consultants Ltd
Suite 1-3
The Hop Exchange
24 Southwark Street
London
SE1 1TY
Nicholson And Griffin (Leadenhall) Ltd
Accountants' report
Accountants' report to the director of Nicholson And Griffin (Leadenhall) Ltd on the preparation of the unaudited statutory accounts for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Nicholson And Griffin (Leadenhall) Ltd for the year ended
31 December 2023 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Nicholson And Griffin (Leadenhall) Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Nicholson And Griffin (Leadenhall) Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Nicholson And Griffin (Leadenhall) Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Nicholson And Griffin (Leadenhall) Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Nicholson And Griffin (Leadenhall) Ltd. You consider that Nicholson And Griffin (Leadenhall) Ltd 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 Nicholson And Griffin (Leadenhall) Ltd. 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.
Accounts and Legal Consultants Ltd
Suite 1-3
The Hop Exchange
24 Southwark Street
London
SE1 1TY
27 March 2024
Nicholson And Griffin (Leadenhall) Ltd
Statement of financial position
as at 31 December 2023
Intangible assets
28,774
32,869
Tangible assets
1,522
2,216
Cash at bank and in hand
1,536
9,174
Creditors: amounts falling due within one year
(206,419)
(150,715)
Net current liabilities
(186,372)
(60,406)
Total assets less current liabilities
(156,076)
(25,321)
Creditors: amounts falling due after more than one year
(40,909)
(47,642)
Net liabilities
(196,985)
(72,963)
Called up share capital
100
100
Profit and loss account
(197,085)
(73,063)
Shareholders' funds
(196,985)
(72,963)
For the year ending 31 December 2023 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 12 April 2024 and were signed on its behalf by
Anjana Silva
Director
Company Registration No. 07474600
Nicholson And Griffin (Leadenhall) Ltd
Notes to the Accounts
for the year ended 31 December 2023
Nicholson And Griffin (Leadenhall) Ltd is a private company, limited by shares, registered in England and Wales, registration number 07474600. The registered office is 90 Gracechurch Street, Leadenhall Market, London, EC3V 0DN, 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
20% Straight Line
Computer equipment
25% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Straight Line 9.89%
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Nicholson And Griffin (Leadenhall) Ltd
Notes to the Accounts
for the year ended 31 December 2023
During the year under review, the company was under the control of The Beacon of Amon Din Ltd who own the entirety of the shareholding.
4
Intangible fixed assets
Other
At 31 December 2023
81,440
At 31 December 2023
52,666
At 31 December 2023
28,774
At 31 December 2022
32,869
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2023
7,985
2,777
10,762
At 31 December 2023
7,985
2,777
10,762
At 1 January 2023
7,985
561
8,546
Charge for the year
-
694
694
At 31 December 2023
7,985
1,255
9,240
At 31 December 2023
-
1,522
1,522
At 31 December 2022
-
2,216
2,216
Amounts falling due within one year
Accrued income and prepayments
-
157
Nicholson And Griffin (Leadenhall) Ltd
Notes to the Accounts
for the year ended 31 December 2023
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
7,086
1,200
Amounts owed to group undertakings and other participating interests
14,109
-
Taxes and social security
37,545
-
Other creditors
11,147
45,985
Loans from directors
4,000
(15,683)
8
Creditors: amounts falling due after more than one year
2023
2022
9
Average number of employees
During the year the average number of employees was 6 (2022: 5).