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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
Page
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Nicholson And Griffin (Leadenhall) Ltd Company Information for the year ended 31 December 2023
Director
Anjana Silva
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
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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
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Nicholson And Griffin (Leadenhall) Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
28,774 
32,869 
Tangible assets
1,522 
2,216 
30,296 
35,085 
Current assets
Inventories
2,000 
1,500 
Debtors
16,511 
79,635 
Cash at bank and in hand
1,536 
9,174 
20,047 
90,309 
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)
Capital and reserves
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
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Nicholson And Griffin (Leadenhall) Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Straight Line 9.89%
Inventories
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
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.
Pension 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
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.
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Nicholson And Griffin (Leadenhall) Ltd Notes to the Accounts for the year ended 31 December 2023
Controlling Party
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 
£ 
Cost
At 1 January 2023
81,440 
At 31 December 2023
81,440 
Amortisation
At 1 January 2023
48,571 
Charge for the year
4,095 
At 31 December 2023
52,666 
Net book value
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 
Depreciation
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 
Net book value
At 31 December 2023
- 
1,522 
1,522 
At 31 December 2022
- 
2,216 
2,216 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
16,511 
- 
Accrued income and prepayments
- 
157 
Other debtors
- 
79,478 
16,511 
79,635 
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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 
VAT
- 
523 
Trade creditors
132,532 
- 
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)
Accruals
- 
118,690 
206,419 
150,715 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
40,909 
47,642 
9
Average number of employees
During the year the average number of employees was 6 (2022: 5).
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