Company Registration No. 13324885 (England and Wales)
H Griffith Sealants Limited
Unaudited accounts
for the year ended 30 April 2024
H Griffith Sealants Limited
Unaudited accounts
Contents
H Griffith Sealants Limited
Company Information
for the year ended 30 April 2024
Director
Hugh Nels Griffith
Company Number
13324885 (England and Wales)
Registered Office
184 Berechurch Hall Road
Colchester
Essex
CO2 9PN
Accountants
Kevin Gibbons MAAT
Virtual Financial Controller Limited
11 Sussex Avenue
Romford
RM3 0TA
H Griffith Sealants Limited
Statement of financial position
as at 30 April 2024
Cash at bank and in hand
497
2,097
Creditors: amounts falling due within one year
(17,421)
(13,618)
Net current assets
1,763
8,029
Called up share capital
100
100
Profit and loss account
3,062
8,442
Shareholders' funds
3,162
8,542
For the year ending 30 April 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 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 18 September 2024 and were signed on its behalf by
Hugh Nels Griffith
Director
Company Registration No. 13324885
H Griffith Sealants Limited
Notes to the Accounts
for the year ended 30 April 2024
H Griffith Sealants Limited is a private company, limited by shares, registered in England and Wales, registration number 13324885. The registered office is 184 Berechurch Hall Road, Colchester, Essex, CO2 9PN.
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.
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 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.
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
33% Straight Line
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 30 April 2024
1,267
688
1,955
Charge for the year
170
211
381
At 30 April 2024
170
386
556
At 30 April 2024
1,097
302
1,399
At 30 April 2023
-
513
513
H Griffith Sealants Limited
Notes to the Accounts
for the year ended 30 April 2024
Amounts falling due within one year
Other debtors
14,365
12,463
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
12,177
7,705
Other creditors
2,864
2,425
Loans from directors
776
3,488
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).