Registration number:
for the Year Ended
Giffard Securities Limited
Contents
Company Information |
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Statement of Financial Position |
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Notes to the Financial Statements |
Giffard Securities Limited
Company Information
Director |
G N Underwood |
Registered office |
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Accountants |
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Giffard Securities Limited
(Registration number: 01090060)
Statement of Financial Position as at 31 March 2024
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2023 |
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Non-Current Assets |
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Investments |
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Current assets |
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Trade and other receivables |
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Net assets |
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Equity |
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Called up share capital |
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Capital redemption reserve |
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Profit and loss account |
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Total equity |
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These annual accounts and reports have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the profit and loss account has been taken.
For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements were approved and authorised for issue by the
G N Underwood
Director
Giffard Securities Limited
Notes to the Financial Statements for the Year Ended 31 March 2024
Accounting policies |
Summary of significant accounting policies and key accounting estimates
Giffard Securities Limited is a company limited by shares incorporated in England within the United Kingdom. The address of the registered office is given in the company information on page 1 of these financial statements.
The financial statements are presented in sterling, which is the functional currency of the company.
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A Small Entities 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Group accounts not prepared
Going concern
The financial statements have been prepared on a going concern basis.
Non-current asset investments
Non-current asset investments are stated at historical cost less provision for any diminution in value.
Staff numbers |
The average number of persons employed by the company (including the director) during the year was as follows:
2024 |
2023 |
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Employees |
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Investments |
2024 |
2023 |
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Investments in subsidiaries |
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Subsidiaries |
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Cost or valuation |
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At 1 April 2023 and 31 March 2024 |
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Carrying amount |
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At 31 March 2023 and 31 March 2024 |
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Giffard Securities Limited
Notes to the Financial Statements for the Year Ended 31 March 2024
Trade and other receivables |
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2023 |
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Amounts owed by group undertakings |
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Receivables includes £120,159 (2023 - £120,159) due after more than one year.
Related party transactions |
Transactions with directors |
During the year dividends of £49,700 (2023 - £76,800) were paid to the directors.