Company registration number 02682112 (England and Wales)
GRIFFITHS & ARMOUR PROFESSIONAL RISKS LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024
GRIFFITHS & ARMOUR PROFESSIONAL RISKS LIMITED
COMPANY INFORMATION
Directors
C Evans
D J Whalley
Secretary
D J Whalley
Company number
02682112
Registered office
12 Princes Parade
Princes Dock
Liverpool
L3 1BG
Accountants
Lonsdale & Marsh
509 - 510 Cotton Exchange
Bixteth Street
Liverpool
L3 9LQ
GRIFFITHS & ARMOUR PROFESSIONAL RISKS LIMITED
CONTENTS
Page
Directors' report
1
Accountants' report
2
Balance sheet
3
Notes to the financial statements
4 - 5
GRIFFITHS & ARMOUR PROFESSIONAL RISKS LIMITED
DIRECTORS' REPORT
FOR THE PERIOD ENDED 31 MARCH 2024
- 1 -

The directors present their annual report and financial statements for the period ended 31 March 2024.

Principal activities

The directors state that the company was non-trading throughout the period.

Directors

The directors who held office during the period and up to the date of signature of the financial statements were as follows:

C Evans
D J Whalley
Small companies exemption

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

On behalf of the board
D J Whalley
Director
11 July 2024
GRIFFITHS & ARMOUR PROFESSIONAL RISKS LIMITED
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF GRIFFITHS & ARMOUR PROFESSIONAL RISKS LIMITED FOR THE PERIOD ENDED 31 MARCH 2024
- 2 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Griffiths & Armour Professional Risks Limited for the period ended 31 March 2024 set out on pages 3 to 5 from the company’s accounting records and from information and explanations you have given us.

 

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the board of directors of Griffiths & Armour Professional Risks Limited, as a body, in accordance with the terms of our engagement letter dated 3 December 2018. Our work has been undertaken solely to prepare for your approval the financial statements of Griffiths & Armour Professional Risks Limited and state those matters that we have agreed to state to the board of directors of Griffiths & Armour Professional Risks Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Griffiths & Armour Professional Risks Limited and its board of directors as a body, for our work or for this report.

It is your duty to ensure that Griffiths & Armour Professional Risks Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and result of Griffiths & Armour Professional Risks Limited. You consider that Griffiths & Armour Professional Risks Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Griffiths & Armour Professional Risks Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Lonsdale & Marsh
11 July 2024
Chartered Accountants
509 - 510 Cotton Exchange
Bixteth Street
Liverpool
L3 9LQ
GRIFFITHS & ARMOUR PROFESSIONAL RISKS LIMITED
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 3 -
31 March 2024
30 November 2022
Notes
£
£
£
£
Current assets
Debtors
4
4,000
4,000
Net current assets
4,000
4,000
Capital and reserves
Called up share capital
5
4,000
4,000

For the financial period ended 31 March 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 11 July 2024 and are signed on its behalf by:
C Evans
D J Whalley
Director
Director
Company registration number 02682112 (England and Wales)
GRIFFITHS & ARMOUR PROFESSIONAL RISKS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024
- 4 -
1
Accounting policies
Company information

Griffiths & Armour Professional Risks Limited is a private company limited by shares incorporated in England and Wales. The registered office is 12 Princes Parade, Princes Dock, Liverpool, L3 1BG.

1.1
Reporting period

These financial statements are for the period ended 31 March 2024. The previous financial statements were for the year ended 30 November 2022. The change has been made to align the company's accounting reference date with that of its parent company and fellow subsidiary undertakings.

1.2
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.3
Profit and loss account

The company has not traded during the current period or the preceding financial period. During this time the company received no income and incurred no expenditure and therefore no profit and loss account is presented in these financial statements.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the period was:

2024
2022
Number
Number
Total
2
2
GRIFFITHS & ARMOUR PROFESSIONAL RISKS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2024
- 5 -
4
Debtors
2024
2022
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
4,000
4,000
5
Called up share capital
2024
2022
2024
2022
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
4,000
4,000
4,000
4,000
6
Parent company

The parent company preparing consolidated financial statements is Griffiths & Armour (Holdings) Limited, a company incorporated in England and Wales. The registered office is 12 Princes Parade, Princes Dock, Liverpool L3 1BG.

 

Griffiths & Armour (Holdings) Limited is also the ultimate controlling party.

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