IRIS Accounts Production v24.2.0.383 11372596 Board of Directors 1.6.23 31.5.24 31.5.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh113725962023-05-31113725962024-05-31113725962023-06-012024-05-31113725962022-05-31113725962022-06-012023-05-31113725962023-05-3111372596ns15:EnglandWales2023-06-012024-05-3111372596ns14:PoundSterling2023-06-012024-05-3111372596ns10:Director12023-06-012024-05-3111372596ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3111372596ns10:SmallEntities2023-06-012024-05-3111372596ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3111372596ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3111372596ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3111372596ns10:FullAccounts2023-06-012024-05-3111372596ns10:OrdinaryShareClass12023-06-012024-05-3111372596ns10:Director22023-06-012024-05-3111372596ns10:RegisteredOffice2023-06-012024-05-3111372596ns5:CurrentFinancialInstruments2024-05-3111372596ns5:CurrentFinancialInstruments2023-05-3111372596ns5:ShareCapital2024-05-3111372596ns5:ShareCapital2023-05-3111372596ns5:RetainedEarningsAccumulatedLosses2024-05-3111372596ns5:RetainedEarningsAccumulatedLosses2023-05-3111372596ns5:FurnitureFittings2023-06-012024-05-3111372596ns5:MotorVehicles2023-06-012024-05-3111372596ns5:ComputerEquipment2023-06-012024-05-3111372596ns5:FurnitureFittings2023-05-3111372596ns5:MotorVehicles2023-05-3111372596ns5:ComputerEquipment2023-05-3111372596ns5:FurnitureFittings2024-05-3111372596ns5:MotorVehicles2024-05-3111372596ns5:ComputerEquipment2024-05-3111372596ns5:FurnitureFittings2023-05-3111372596ns5:MotorVehicles2023-05-3111372596ns5:ComputerEquipment2023-05-3111372596ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-05-3111372596ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-3111372596ns5:AcceleratedTaxDepreciationDeferredTax2024-05-3111372596ns5:AcceleratedTaxDepreciationDeferredTax2023-05-3111372596ns5:DeferredTaxation2023-05-3111372596ns5:DeferredTaxation2023-06-012024-05-3111372596ns5:DeferredTaxation2024-05-3111372596ns10:OrdinaryShareClass12024-05-31
REGISTERED NUMBER: 11372596 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Griffin Land Agency and Consultancy Ltd

Griffin Land Agency and Consultancy Ltd (Registered number: 11372596)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Griffin Land Agency and Consultancy Ltd

Company Information
for the Year Ended 31 May 2024







DIRECTORS: P A McConnachie
Mrs R McConnachie





REGISTERED OFFICE: 9 Moreton Park Barns
Walnut Tree Lane
Moreton
Newport
Shropshire
TF10 9HX





REGISTERED NUMBER: 11372596 (England and Wales)






Griffin Land Agency and Consultancy Ltd (Registered number: 11372596)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,700 26,103

CURRENT ASSETS
Debtors 5 300,000 -
Cash at bank 40,311 266,734
340,311 266,734
CREDITORS
Amounts falling due within one year 6 238,669 83,577
NET CURRENT ASSETS 101,642 183,157
TOTAL ASSETS LESS CURRENT
LIABILITIES

121,342

209,260

PROVISIONS FOR LIABILITIES 7 4,925 4,960
NET ASSETS 116,417 204,300

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 116,317 204,200
SHAREHOLDERS' FUNDS 116,417 204,300

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

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

The directors acknowledge their 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 Land Agency and Consultancy Ltd (Registered number: 11372596)

Balance Sheet - continued
31 May 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 Board of Directors and authorised for issue on 5 September 2024 and were signed on its behalf by:





P A McConnachie - Director


Griffin Land Agency and Consultancy Ltd (Registered number: 11372596)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Griffin Land Agency and Consultancy 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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

Griffin Land Agency and Consultancy Ltd (Registered number: 11372596)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 June 2023 166 44,527 4,126 48,819
Additions 164 - - 164
At 31 May 2024 330 44,527 4,126 48,983
DEPRECIATION
At 1 June 2023 126 19,480 3,110 22,716
Charge for year 51 6,262 254 6,567
At 31 May 2024 177 25,742 3,364 29,283
NET BOOK VALUE
At 31 May 2024 153 18,785 762 19,700
At 31 May 2023 40 25,047 1,016 26,103

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 300,000 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Taxation and social security 88,462 34,495
Other creditors 150,207 49,082
238,669 83,577

Griffin Land Agency and Consultancy Ltd (Registered number: 11372596)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

7. PROVISIONS FOR LIABILITIES
31.5.24 31.5.23
£    £   
Deferred tax
Accelerated capital allowances 4,925 4,960

Deferred
tax
£   
Balance at 1 June 2023 4,960
Provided during year (35 )
Balance at 31 May 2024 4,925

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
100 Ordinary £1 100 100