Caseware UK (AP4) 2023.0.135 2023.0.135 2024-09-302024-09-30falsetrue2023-10-01falseNo description of principal activity3026trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10375101 2023-10-01 2024-09-30 10375101 2022-10-01 2023-09-30 10375101 2024-09-30 10375101 2023-09-30 10375101 c:Director1 2023-10-01 2024-09-30 10375101 c:Director2 2023-10-01 2024-09-30 10375101 c:RegisteredOffice 2023-10-01 2024-09-30 10375101 d:Buildings 2023-10-01 2024-09-30 10375101 d:Buildings 2024-09-30 10375101 d:Buildings 2023-09-30 10375101 d:PlantMachinery 2023-10-01 2024-09-30 10375101 d:PlantMachinery 2024-09-30 10375101 d:PlantMachinery 2023-09-30 10375101 d:FurnitureFittings 2023-10-01 2024-09-30 10375101 d:FurnitureFittings 2024-09-30 10375101 d:FurnitureFittings 2023-09-30 10375101 d:OfficeEquipment 2023-10-01 2024-09-30 10375101 d:OfficeEquipment 2024-09-30 10375101 d:OfficeEquipment 2023-09-30 10375101 d:CurrentFinancialInstruments 2024-09-30 10375101 d:CurrentFinancialInstruments 2023-09-30 10375101 d:Non-currentFinancialInstruments 2024-09-30 10375101 d:Non-currentFinancialInstruments 2023-09-30 10375101 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 10375101 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 10375101 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 10375101 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 10375101 d:ShareCapital 2024-09-30 10375101 d:ShareCapital 2023-09-30 10375101 d:RetainedEarningsAccumulatedLosses 2024-09-30 10375101 d:RetainedEarningsAccumulatedLosses 2023-09-30 10375101 c:FRS102 2023-10-01 2024-09-30 10375101 c:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 10375101 c:FullAccounts 2023-10-01 2024-09-30 10375101 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 10375101 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure

Registered number: 10375101










GRIFFIN INN PLUMTREE LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
GRIFFIN INN PLUMTREE LIMITED
 
 
COMPANY INFORMATION


Directors
R Fielding 
G Lennox 




Registered number
10375101



Registered office
Old Rectory
Church Hill

Plumtree

Nottingham

NG12 5ND




Trading Address
Main Road
Plumtree

Nottingham

NG12 5NB






Accountants
P M & G Limited
Chartered Accountants

Mainwood Farm

Kneesall

Newark

Nottinghamshire

NG22 0AH





 
GRIFFIN INN PLUMTREE LIMITED
 

CONTENTS



Page
Accountants' report
1
Statement of financial position
2 - 3
Notes to the financial statements
4 - 8


 
GRIFFIN INN PLUMTREE LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF GRIFFIN INN PLUMTREE LIMITED
FOR THE YEAR ENDED 30 SEPTEMBER 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Griffin Inn Plumtree Limited for the year ended 30 September 2024 which comprise  the Statement of financial position and the related notes 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 Griffin Inn Plumtree Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Griffin Inn Plumtree Limited and state those matters that we have agreed to state to the Board of directors of Griffin Inn Plumtree Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Griffin Inn Plumtree Limited and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Griffin Inn Plumtree 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 profit of Griffin Inn Plumtree Limited. You consider that Griffin Inn Plumtree Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Griffin Inn Plumtree 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.

  



P M & G Limited
Chartered Accountants
Newark
18 March 2025
Page 1

 
GRIFFIN INN PLUMTREE LIMITED
REGISTERED NUMBER: 10375101

STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,420,259
1,420,259

  
1,420,259
1,420,259

Current assets
  

Stocks
  
12,849
10,025

Debtors: amounts falling due within one year
 5 
41,170
39,460

Cash at bank and in hand
 6 
96,758
79,540

  
150,777
129,025

Creditors: amounts falling due within one year
 7 
(97,383)
(86,368)

Net current assets
  
 
 
53,394
 
 
42,657

Total assets less current liabilities
  
1,473,653
1,462,916

Creditors: amounts falling due after more than one year
 8 
(1,682,649)
(1,752,649)

  

Net liabilities
  
(208,996)
(289,733)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(209,096)
(289,833)

  
(208,996)
(289,733)


Page 2

 
GRIFFIN INN PLUMTREE LIMITED
REGISTERED NUMBER: 10375101
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 SEPTEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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 financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 18 March 2025.




R Fielding
Director

The notes on pages 4 to 8 form part of these financial statements.

Page 3

 
GRIFFIN INN PLUMTREE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

Griffin Inn Plumtree Limited is a private company, limited by shares and incorporated in England and Wales.  The company's registered number and office address are detailed on the company information page.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on a going concern basis which assumes the ongoing support of the company's directors, Messrs. Fielding and Lennox.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

Page 4

 
GRIFFIN INN PLUMTREE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Freehold property
-
Not depreciated
Plant and machinery
-
25%
straight line basis
Fixtures and fittings
-
25%
straight line basis
Office equipment
-
25%
straight line basis

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 5

 
GRIFFIN INN PLUMTREE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 30 (2023 -26).


4.


Tangible fixed assets





Freehold property
Plant and machinery
Fixtures and fittings
Office equipment
Total

£
£
£
£
£



Cost or valuation


At 1 October 2023
1,420,259
4,390
82,622
3,381
1,510,652



At 30 September 2024

1,420,259
4,390
82,622
3,381
1,510,652



Depreciation


At 1 October 2023
-
4,390
82,622
3,381
90,393



At 30 September 2024

-
4,390
82,622
3,381
90,393



Net book value



At 30 September 2024
1,420,259
-
-
-
1,420,259



At 30 September 2023
1,420,259
-
-
-
1,420,259

Page 6

 
GRIFFIN INN PLUMTREE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5.


Debtors

2024
2023
£
£


Trade debtors
36,000
36,000

Prepayments and accrued income
5,170
3,460

41,170
39,460



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
96,758
79,540

96,758
79,540



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
35,531
24,547

Other taxation and social security
52,599
51,541

Other creditors
3,169
3,064

Accruals and deferred income
6,084
7,216

97,383
86,368



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other creditors
1,682,649
1,752,649

1,682,649
1,752,649


Page 7

 
GRIFFIN INN PLUMTREE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

9.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £4,900 (2023 - £4,847) . Contributions totalling £426 (2023 -£438) were payable to the fund at the reporting date and are included in creditors.


10.


Related party transactions

Messrs. Fielding and Lennox are partners in the Pre-Eminent Solutions LLP.  Transactions with the LLP are detailed below.


2024
2023
£
£

Rents receivable
60,000
60,000
Management charges payable
26,700
1,200
Trade debtors balance
36,000
36,000

Creditors includes loans from R Fielding of £841,325 (2023 - £876,325) and G Lennox of £841,325 (2023 - £876,325).  The loans are interest free and the holders have confirmed they will not require repayment within twelve months of the balance sheet date.

 
Page 8