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REGISTERED NUMBER: 14632461 (England and Wales)















GRIFFIN INTL. LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 FEBRUARY 2023 TO 31 MARCH 2024






GRIFFIN INTL. LTD (REGISTERED NUMBER: 14632461)

CONTENTS OF THE FINANCIAL STATEMENTS
for the period 1 February 2023 to 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GRIFFIN INTL. LTD

COMPANY INFORMATION
for the period 1 February 2023 to 31 March 2024







DIRECTOR: A J Lambert





REGISTERED OFFICE: 54 Radway Road
Upper Shirley
Southampton
Hampshire
SO15 7PJ





REGISTERED NUMBER: 14632461 (England and Wales)





ACCOUNTANTS: SMH Sheards
Chartered Accountants
Vernon House
40 New North Road
Huddersfield
West Yorkshire
HD1 5LS

GRIFFIN INTL. LTD (REGISTERED NUMBER: 14632461)

BALANCE SHEET
31 March 2024

Notes £   
FIXED ASSETS
Tangible assets 4 37,558

CURRENT ASSETS
Debtors 5 90
Cash at bank 33,257
33,347
CREDITORS
Amounts falling due within one year 6 (32,863 )
NET CURRENT ASSETS 484
TOTAL ASSETS LESS CURRENT
LIABILITIES

38,042

PROVISIONS FOR LIABILITIES 7 (8,191 )
NET ASSETS 29,851

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings 29,850
29,851

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

GRIFFIN INTL. LTD (REGISTERED NUMBER: 14632461)

BALANCE SHEET - continued
31 March 2024


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 director and authorised for issue on 30 October 2024 and were signed by:





A J Lambert - Director


GRIFFIN INTL. LTD (REGISTERED NUMBER: 14632461)

NOTES TO THE FINANCIAL STATEMENTS
for the period 1 February 2023 to 31 March 2024


1. STATUTORY INFORMATION

Griffin Intl. Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is represented by the invoiced sales of services, excluding VAT, which are recognised when the services are provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Motor vehicles - 20% on cost
Computer equipment - 33% on cost

Financial instruments
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs.

Financial assets are assessed for indicators of impairment at each balance sheet date, with any impairment losses being recognised in profit or loss. If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed in profit or loss.

Financial liabilities are classified depending on the substance of the contractual arrangements entered into.

Basic financial liabilities, including trade and other creditors and accruals, are initially recognised at transaction price.

Financial assets and liabilities are derecognised when the company's contractual obligations are settled, cancelled or they expire.


GRIFFIN INTL. LTD (REGISTERED NUMBER: 14632461)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 1 February 2023 to 31 March 2024


2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the period 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 48,966
At 31 March 2024 48,966
DEPRECIATION
Charge for period 11,408
At 31 March 2024 11,408
NET BOOK VALUE
At 31 March 2024 37,558

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 90

GRIFFIN INTL. LTD (REGISTERED NUMBER: 14632461)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 1 February 2023 to 31 March 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 14,813
Other creditors 18,050
32,863

7. PROVISIONS FOR LIABILITIES
£   
Deferred tax 8,191

Deferred
tax
£   
Charge to Income Statement during period 8,191
Balance at 31 March 2024 8,191

8. RELATED PARTY DISCLOSURES

Loans owing to the director on an interest free basis of £16,425 were outstanding at the year end. Loans will be repaid when funds permit.