IRIS Accounts Production v24.3.2.46 06300052 Board of Directors 1.10.23 30.9.24 30.9.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh063000522023-09-30063000522024-09-30063000522023-10-012024-09-30063000522022-09-30063000522022-10-012023-09-30063000522023-09-3006300052ns15:EnglandWales2023-10-012024-09-3006300052ns14:PoundSterling2023-10-012024-09-3006300052ns10:Director12023-10-012024-09-3006300052ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3006300052ns10:SmallEntities2023-10-012024-09-3006300052ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3006300052ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3006300052ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3006300052ns10:FullAccounts2023-10-012024-09-3006300052ns10:Director22023-10-012024-09-3006300052ns10:RegisteredOffice2023-10-012024-09-3006300052ns5:CurrentFinancialInstruments2024-09-3006300052ns5:CurrentFinancialInstruments2023-09-3006300052ns5:Non-currentFinancialInstruments2024-09-3006300052ns5:Non-currentFinancialInstruments2023-09-3006300052ns5:ShareCapital2024-09-3006300052ns5:ShareCapital2023-09-3006300052ns5:RetainedEarningsAccumulatedLosses2024-09-3006300052ns5:RetainedEarningsAccumulatedLosses2023-09-3006300052ns5:PlantMachinery2023-10-012024-09-3006300052ns5:LandBuildings2023-09-3006300052ns5:PlantMachinery2023-09-3006300052ns5:LandBuildings2023-10-012024-09-3006300052ns5:LandBuildings2024-09-3006300052ns5:PlantMachinery2024-09-3006300052ns5:LandBuildings2023-09-3006300052ns5:PlantMachinery2023-09-3006300052ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3006300052ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-30
REGISTERED NUMBER: 06300052 (England and Wales)












Financial Statements

for the Year Ended 30 September 2024

for

GRIFFIN NURSERIES LIMITED

GRIFFIN NURSERIES LIMITED (REGISTERED NUMBER: 06300052)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GRIFFIN NURSERIES LIMITED

Company Information
for the Year Ended 30 September 2024







DIRECTORS: R C K White
Mrs P C White





REGISTERED OFFICE: New Barn Farm
Rake Road
Milland
Liphook
Hampshire
GU30 7JU





REGISTERED NUMBER: 06300052 (England and Wales)





ACCOUNTANTS: Hunter Simmons Ltd
EMP Building
Unit 1, 4 Solent Road
Havant
Portsmouth
Hampshire
PO9 1JH

GRIFFIN NURSERIES LIMITED (REGISTERED NUMBER: 06300052)

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 889,470 803,300

CURRENT ASSETS
Stocks 559,992 536,905
Debtors 5 109,553 91,858
Cash at bank and in hand 327,731 117,264
997,276 746,027
CREDITORS
Amounts falling due within one year 6 841,148 646,020
NET CURRENT ASSETS 156,128 100,007
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,045,598

903,307

CREDITORS
Amounts falling due after more than one
year

7

(152,433

)

(90,643

)

PROVISIONS FOR LIABILITIES (105,576 ) (105,576 )
NET ASSETS 787,589 707,088

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 787,489 706,988
SHAREHOLDERS' FUNDS 787,589 707,088

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 NURSERIES LIMITED (REGISTERED NUMBER: 06300052)

Balance Sheet - continued
30 September 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 6 March 2025 and were signed on its behalf by:





R C K White - Director


GRIFFIN NURSERIES LIMITED (REGISTERED NUMBER: 06300052)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Griffin Nurseries Limited 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.

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.
Plant and machinery etc - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

GRIFFIN NURSERIES LIMITED (REGISTERED NUMBER: 06300052)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 October 2023 163,553 1,128,018 1,291,571
Additions - 194,109 194,109
At 30 September 2024 163,553 1,322,127 1,485,680
DEPRECIATION
At 1 October 2023 25,433 462,838 488,271
Charge for year 3,272 104,667 107,939
At 30 September 2024 28,705 567,505 596,210
NET BOOK VALUE
At 30 September 2024 134,848 754,622 889,470
At 30 September 2023 138,120 665,180 803,300

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 107,378 54,508
Other debtors 2,175 37,350
109,553 91,858

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 6,500 6,500
Hire purchase contracts 8,592 10,200
Payments on account 87,088 54,617
Trade creditors 74,980 19,690
Taxation and social security 124,943 59,972
Other creditors 539,045 495,041
841,148 646,020

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 44,960 51,460
Hire purchase contracts 89,140 850
Other creditors 18,333 38,333
152,433 90,643

GRIFFIN NURSERIES LIMITED (REGISTERED NUMBER: 06300052)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2024 2023
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 18,960 25,460