Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 11640889 Mr L Griffin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11640889 2023-03-31 11640889 2024-03-31 11640889 2023-04-01 2024-03-31 11640889 frs-core:CurrentFinancialInstruments 2024-03-31 11640889 frs-core:Non-currentFinancialInstruments 2024-03-31 11640889 frs-core:ShareCapital 2024-03-31 11640889 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 11640889 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11640889 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 11640889 frs-bus:SmallEntities 2023-04-01 2024-03-31 11640889 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 11640889 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 11640889 frs-bus:Director1 2023-04-01 2024-03-31 11640889 frs-countries:EnglandWales 2023-04-01 2024-03-31 11640889 2022-03-31 11640889 2023-03-31 11640889 2022-04-01 2023-03-31 11640889 frs-core:CurrentFinancialInstruments 2023-03-31 11640889 frs-core:Non-currentFinancialInstruments 2023-03-31 11640889 frs-core:ShareCapital 2023-03-31 11640889 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 11640889
Griffin Capital Limited
Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11640889
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 7,920,154 7,920,154
7,920,154 7,920,154
CURRENT ASSETS
Debtors 5 33,410 140,294
Cash at bank and in hand 4,146 45,983
37,556 186,277
Creditors: Amounts Falling Due Within One Year 6 (5,650,905 ) (4,385,127 )
NET CURRENT ASSETS (LIABILITIES) (5,613,349 ) (4,198,850 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,306,805 3,721,304
Creditors: Amounts Falling Due After More Than One Year 7 (2,075,534 ) (3,517,947 )
NET ASSETS 231,271 203,357
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 231,270 203,356
SHAREHOLDERS' FUNDS 231,271 203,357
Page 1
Page 2
For the 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.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr L Griffin
Director
23/12/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Griffin Capital Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11640889 . The registered office is 16 Great Queen Street, London, WC2B 5AH.

The financial statements are presented in Sterling (£).
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Revenue comprise rental income from tenants of the company's investment properties. Rental income is recognised on an accruals basis in the period in which it is earned, in accordance with the terms of the lease.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.4. Taxation
Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.
-
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Investment Property
2024
£
Fair Value
As at 1 April 2023 and 31 March 2024 7,920,154
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 2,540 1,641
Other debtors 30,870 138,651
VAT - 2
33,410 140,294
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (2 ) (4,348 )
Corporation tax 6,548 26,960
Director's loan account 5,600,445 4,289,480
Amounts owed to related parties 43,914 73,035
5,650,905 4,385,127
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 2,075,534 3,517,947
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4