Silverfin false false 31/12/2024 01/01/2024 31/12/2024 George Griffiths 23/05/2024 Amy Griffiths 23/05/2024 05 June 2025 The principal activity of the Company during the financial year was that of a holding company. 15736466 2024-12-31 15736466 bus:Director1 2024-12-31 15736466 bus:Director2 2024-12-31 15736466 core:CurrentFinancialInstruments 2024-12-31 15736466 core:ShareCapital 2024-12-31 15736466 core:RetainedEarningsAccumulatedLosses 2024-12-31 15736466 core:AdditionsToInvestments 2024-12-31 15736466 core:CostValuation 2024-12-31 15736466 core:SubsidiariesWithMaterialNon-controllingInterests core:CurrentFinancialInstruments 2024-12-31 15736466 bus:OrdinaryShareClass1 2024-12-31 15736466 2024-01-01 2024-12-31 15736466 bus:FilletedAccounts 2024-01-01 2024-12-31 15736466 bus:SmallEntities 2024-01-01 2024-12-31 15736466 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 15736466 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 15736466 bus:Director1 2024-01-01 2024-12-31 15736466 bus:Director2 2024-01-01 2024-12-31 15736466 core:Subsidiary1 2024-01-01 2024-12-31 15736466 core:Subsidiary1 1 2024-01-01 2024-12-31 15736466 core:Subsidiary2 2024-01-01 2024-12-31 15736466 core:Subsidiary2 1 2024-01-01 2024-12-31 15736466 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure decimalUnit xbrli:shares

Company No: 15736466 (England and Wales)

GRIFFITHS INVESTMENT HOLDINGS LTD

Unaudited Financial Statements
For the financial period ended 31 December 2024
Pages for filing with the registrar

GRIFFITHS INVESTMENT HOLDINGS LTD

Unaudited Financial Statements

For the financial period ended 31 December 2024

Contents

GRIFFITHS INVESTMENT HOLDINGS LTD

STATEMENT OF FINANCIAL POSITION

As at 31 December 2024
GRIFFITHS INVESTMENT HOLDINGS LTD

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 December 2024
Note 2024
£
Fixed assets
Investments 3 200
200
Current assets
Cash at bank and in hand 892
892
Creditors: amounts falling due within one year 4 ( 2,367)
Net current liabilities (1,475)
Total assets less current liabilities (1,275)
Net liabilities ( 1,275)
Capital and reserves
Called-up share capital 5 100
Profit and loss account ( 1,375 )
Total shareholder's deficit ( 1,275)

For the financial period ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Griffiths Investment Holdings Ltd (registered number: 15736466) were approved and authorised for issue by the Board of Directors on 05 June 2025. They were signed on its behalf by:

George Griffiths
Director
GRIFFITHS INVESTMENT HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period ended 31 December 2024
GRIFFITHS INVESTMENT HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period ended 31 December 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

Griffiths Investment Holdings Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Suite 120 Watermoor Point, Watermoor Road, Cirencester, GL7 1LF, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors note that the business has net liabilities of £1,275. The Company is supported through loans from the directors. The directors have confirmed that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the directors will continue to support the Company. Given the current position, the directors believe that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

2024
Number
Monthly average number of persons employed by the Company during the period, including directors 2

3. Fixed asset investments

Investments in subsidiaries

2024
£
Cost
At 01 January 2024 0
Additions 200
At 31 December 2024 200
Carrying value at 31 December 2024 200

Investments in shares

Name of entity Registered office Principal activity Class of
shares
Ownership
31.12.2024
Held
GG Commercial Management Limited Suite 120 Watermoor Point Watermoor Road, Cirencester, England, GL7 1LF Letting of owned real estate Ordinary 100.00% Direct
GG Leasehold Management Limited Suite 120 Watermoor Point Watermoor Road, Cirencester, England, GL7 1LF Letting of owned real estate Ordinary 100.00% Direct

4. Creditors: amounts falling due within one year

2024
£
Amounts owed to own subsidiaries 740
Amounts owed to directors 900
Accruals 727
2,367

5. Called-up share capital

2024
£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100

£1 of share capital was allotted on incorporation. Subsequent additional shares were issued in the year, increasing the total share capital to £100.

6. Related party transactions

During the year the Company has taken advantage of the exemption in section 1AC.35 of FRS 102 to not disclose related party transactions with wholly owned subsidiaries within the group.

At the period end, the balance owed to the director was £900. No interest has been charged and there are no fixed dates for repayment.