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REGISTERED NUMBER: 02420264















AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

O G GRIFFITHS & SONS LIMITED

O G GRIFFITHS & SONS LIMITED (REGISTERED NUMBER: 02420264)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


O G GRIFFITHS & SONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: W D Lloyd
S L Kynaston





SECRETARY: S L Haycock





REGISTERED OFFICE: C/O Lloyds (Animal) Feeds
The Mill
Morton
Oswestry
Shropshire
SY10 8BH





REGISTERED NUMBER: 02420264





AUDITORS: D.R.E. & Co. (Audit) Limited
7 Lower Brook Street
Oswestry
Shropshire
SY11 2HG

O G GRIFFITHS & SONS LIMITED (REGISTERED NUMBER: 02420264)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £   

CREDITORS
Amounts falling due within one year 5 413,403 413,403
NET CURRENT LIABILITIES (413,403 ) (413,403 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(413,403

)

(413,403

)

CAPITAL AND RESERVES
Called up share capital 270,000 270,000
Retained earnings (683,403 ) (683,403 )
SHAREHOLDERS' FUNDS (413,403 ) (413,403 )

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 July 2024 and were signed on its behalf by:





W D Lloyd - Director


O G GRIFFITHS & SONS LIMITED (REGISTERED NUMBER: 02420264)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

O G Griffiths & Sons Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the company information page.

2. STATEMENT OF COMPLIANCE

The financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The company was dormant throughout the current and previous year.

The financial statements are presented in Sterling (£), rounded to the nearest £1.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 74,247 74,247
Trade creditors 25,246 25,246
Other creditors 313,910 313,910
413,403 413,403

O G GRIFFITHS & SONS LIMITED (REGISTERED NUMBER: 02420264)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

6. SECURED DEBTS

The following secured debts are included within creditors:

31.3.24 31.3.23
£    £   
Bank overdrafts 74,247 74,247

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Aled Davies FCCA (Senior Statutory Auditor)
for and on behalf of D.R.E. & Co. (Audit) Limited

8. CONTINGENT LIABILITIES

The company's bankers hold an unlimited multilateral guarantee dated 8 June 1994, given by; O G Griffiths & Sons Ltd, Country Fresh Pullets Ltd, Knockin Egg Farm Ltd, SIML Holdings Ltd, Llynclys Farm Ltd, David Hitchings (Broadchalke) Ltd and Lloyds (Animal) Feeds Ltd.

9. ULTIMATE CONTROLLING PARTY

The controlling party is LAF Holdings Ltd, the ultimate parent company, by virtue of its 100% shareholding of the company.