Acorah Software Products - Accounts Production 15.0.600 false true 28 February 2023 1 March 2022 false 1 March 2023 28 February 2024 28 February 2024 11827336 Mr Christopher Griffiths Mrs Gillian Griffiths iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11827336 2023-02-28 11827336 2024-02-28 11827336 2023-03-01 2024-02-28 11827336 frs-core:CurrentFinancialInstruments 2024-02-28 11827336 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-28 11827336 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-01 2024-02-28 11827336 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-02-28 11827336 frs-core:ShareCapital 2024-02-28 11827336 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 11827336 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 11827336 frs-bus:FilletedAccounts 2023-03-01 2024-02-28 11827336 frs-bus:SmallEntities 2023-03-01 2024-02-28 11827336 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 11827336 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 11827336 frs-core:CostValuation 2023-02-28 11827336 frs-core:CostValuation 2024-02-28 11827336 frs-core:ProvisionsForImpairmentInvestments 2023-02-28 11827336 frs-core:ProvisionsForImpairmentInvestments 2024-02-28 11827336 frs-bus:Director1 2023-03-01 2024-02-28 11827336 frs-bus:Director2 2023-03-01 2024-02-28 11827336 frs-countries:EnglandWales 2023-03-01 2024-02-28 11827336 2022-02-28 11827336 2023-02-28 11827336 2022-03-01 2023-02-28 11827336 frs-core:CurrentFinancialInstruments 2023-02-28 11827336 frs-core:ShareCapital 2023-02-28 11827336 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 11827336
Griffiths Hire Shops Holdings Limited
Financial Statements
For The Year Ended 28 February 2024
Aspire Accountancy
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11827336
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 907,866 924,051
Investments 5 100 100
907,966 924,151
CURRENT ASSETS
Debtors 6 (200 ) (4 )
(200 ) (4 )
Creditors: Amounts Falling Due Within One Year 7 (144,924 ) (144,198 )
NET CURRENT ASSETS (LIABILITIES) (145,124 ) (144,202 )
TOTAL ASSETS LESS CURRENT LIABILITIES 762,842 779,949
NET ASSETS 762,842 779,949
CAPITAL AND RESERVES
Called up share capital 8 98 98
Profit and Loss Account 762,744 779,851
SHAREHOLDERS' FUNDS 762,842 779,949
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Page 2
For the year ending 28 February 2024 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Christopher Griffiths
Director
30/05/2024
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Griffiths Hire Shops Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11827336 . The registered office is Maes Y Clawdd, Shrewsbury Road, Oswestry, Shropshire, SY10 8NN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 2% Reducing Balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 March 2023 977,543
As at 28 February 2024 977,543
Depreciation
As at 1 March 2023 53,492
Provided during the period 16,185
As at 28 February 2024 69,677
Net Book Value
As at 28 February 2024 907,866
As at 1 March 2023 924,051
5. Investments
Other
£
Cost
As at 1 March 2023 100
As at 28 February 2024 100
Provision
As at 1 March 2023 -
As at 28 February 2024 -
Net Book Value
As at 28 February 2024 100
As at 1 March 2023 100
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Investments in subsidiaries are measured at cost less accumlulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurment are recognised in the statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit and loss for the period.
6. Debtors
2024 2023
£ £
Due within one year
Directors' loan accounts - 196
Called up share capita fully paid (200 ) (200 )
(200 ) (4 )
Short term debtors are measured at transaction price, less any impairment. Loans receivable are keasured initially at fair value, net of transaction costs, and are measured subsequently at amoitised cost using the effective interest method, less any impairment.
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts (2 ) (2 )
Other creditors 144,260 143,600
Accruals and deferred income 666 600
144,924 144,198
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interestc method.
8. Share Capital
2024 2023
£ £
Called Up Share Capital not Paid (200 ) (200 )
Called Up Share Capital has been paid up 298 298
Amount of Allotted, Called Up Share Capital 98 98
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
The above loan is unsecured, interest free and repayable on demand.
10. Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised and approved by the shareholders at an annual general meeting.
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