IRIS Accounts Production v25.1.4.42 10970307 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:kWh109703072023-09-30109703072024-09-30109703072023-10-012024-09-30109703072022-09-30109703072022-10-012023-09-30109703072023-09-3010970307ns15:EnglandWales2023-10-012024-09-3010970307ns14:PoundSterling2023-10-012024-09-3010970307ns10:Director12023-10-012024-09-3010970307ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3010970307ns10:SmallEntities2023-10-012024-09-3010970307ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3010970307ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3010970307ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3010970307ns10:FullAccounts2023-10-012024-09-3010970307ns10:Director22023-10-012024-09-3010970307ns10:RegisteredOffice2023-10-012024-09-3010970307ns5:CurrentFinancialInstruments2024-09-3010970307ns5:CurrentFinancialInstruments2023-09-3010970307ns5:Non-currentFinancialInstruments2024-09-3010970307ns5:Non-currentFinancialInstruments2023-09-3010970307ns5:ShareCapital2024-09-3010970307ns5:ShareCapital2023-09-3010970307ns5:RetainedEarningsAccumulatedLosses2024-09-3010970307ns5:RetainedEarningsAccumulatedLosses2023-09-3010970307ns5:LandBuildings2023-10-012024-09-3010970307ns5:PlantMachinery2023-10-012024-09-3010970307ns5:LandBuildings2023-09-3010970307ns5:PlantMachinery2023-09-3010970307ns5:LandBuildings2024-09-3010970307ns5:PlantMachinery2024-09-3010970307ns5:LandBuildings2023-09-3010970307ns5:PlantMachinery2023-09-3010970307ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3010970307ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3010970307ns10:Director222023-09-3010970307ns10:Director222022-09-3010970307ns10:Director222023-10-012024-09-3010970307ns10:Director222022-10-012023-09-3010970307ns10:Director222024-09-3010970307ns10:Director222023-09-30109703071ns10:Director12023-09-30109703071ns10:Director12022-09-30109703071ns10:Director12023-10-012024-09-30109703071ns10:Director12022-10-012023-09-30109703071ns10:Director12024-09-30109703071ns10:Director12023-09-30
REGISTERED NUMBER: 10970307 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

S J Griffiths & Son Tipper Hire Limited

S J Griffiths & Son Tipper Hire Limited (Registered number: 10970307)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


S J Griffiths & Son Tipper Hire Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: S J Griffiths
Mrs J A Griffiths





REGISTERED OFFICE: Brynlestyn
Tir y Coed Road
Glanamman
Ammanford
SA18 2YF





REGISTERED NUMBER: 10970307 (England and Wales)





ACCOUNTANTS: Cambrian & Co Ltd
13A Victoria Gardens
Neath
West Glamorgan
SA11 3AY

S J Griffiths & Son Tipper Hire Limited (Registered number: 10970307)

Statement of Financial Position
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 398,161 245,441

CURRENT ASSETS
Stocks 3,165 2,960
Debtors 5 421,600 196,989
Cash at bank 320,154 540,675
744,919 740,624
CREDITORS
Amounts falling due within one year 6 235,844 261,319
NET CURRENT ASSETS 509,075 479,305
TOTAL ASSETS LESS CURRENT
LIABILITIES

907,236

724,746

CREDITORS
Amounts falling due after more than one
year

7

(55,936

)

(11,058

)

PROVISIONS FOR LIABILITIES (81,469 ) (39,646 )
NET ASSETS 769,831 674,042

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 769,731 673,942
769,831 674,042

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.

S J Griffiths & Son Tipper Hire Limited (Registered number: 10970307)

Statement of Financial Position - 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 1 May 2025 and were signed on its behalf by:





S J Griffiths - Director


S J Griffiths & Son Tipper Hire Limited (Registered number: 10970307)

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

1. STATUTORY INFORMATION

S J Griffiths & Son Tipper Hire 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.
Land and buildings - not provided
Plant and machinery etc - 25% on reducing balance and 15% 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

S J Griffiths & Son Tipper Hire Limited (Registered number: 10970307)

Notes to the Financial Statements - continued
for the Year Ended 30 September 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 6 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 October 2023 - 401,720 401,720
Additions 72,287 195,000 267,287
Disposals - (60,000 ) (60,000 )
At 30 September 2024 72,287 536,720 609,007
DEPRECIATION
At 1 October 2023 - 156,279 156,279
Charge for year - 57,167 57,167
Eliminated on disposal - (2,600 ) (2,600 )
At 30 September 2024 - 210,846 210,846
NET BOOK VALUE
At 30 September 2024 72,287 325,874 398,161
At 30 September 2023 - 245,441 245,441

Included in cost of land and buildings is freehold land of £ 72,287 (2023 - £ 0 ) which is not depreciated.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 289,624 196,989
Directors' current accounts 131,976 -
421,600 196,989

S J Griffiths & Son Tipper Hire Limited (Registered number: 10970307)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 16,983 26,979
Hire purchase contracts 50,539 44,774
Trade creditors 78,766 57,204
Tax 58,569 56,129
Social security and other taxes 2,488 2,696
VAT 28,499 22,612
Other creditors - 67
Directors' current accounts - 50,858
235,844 261,319

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.9.24 30.9.23
£    £   
Hire purchase contracts 55,936 11,058

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2024 and 30 September 2023:

30.9.24 30.9.23
£    £   
Mrs J A Griffiths
Balance outstanding at start of year - -
Amounts advanced 67,186 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 67,186 -

S J Griffiths
Balance outstanding at start of year - -
Amounts advanced 64,790 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 64,790 -

9. RELATED PARTY DISCLOSURES

The directors operate a loan account with the company. The amounts owed to the directors at the balance sheet date is shown in the notes to the financial statements.

S J Griffiths & Son Tipper Hire Limited (Registered number: 10970307)

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

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr and Mrs S Griffiths.