REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 SEPTEMBER 2024 |
FOR |
JOHN GRIFFITHS CARS LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 SEPTEMBER 2024 |
FOR |
JOHN GRIFFITHS CARS LIMITED |
JOHN GRIFFITHS CARS LIMITED (REGISTERED NUMBER: 09766852) |
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 |
JOHN GRIFFITHS CARS LIMITED |
COMPANY INFORMATION |
For The Year Ended 30 September 2024 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
4 Office Village |
Forder Way |
Cygnet Park, Hampton |
Peterborough |
Cambridgeshire |
PE7 8GX |
JOHN GRIFFITHS CARS LIMITED (REGISTERED NUMBER: 09766852) |
BALANCE SHEET |
30 September 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 5 |
Tangible assets | 6 |
CURRENT ASSETS |
Stocks |
Debtors | 7 |
Cash in hand |
CREDITORS |
Amounts falling due within one year | 8 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
9 |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
The director acknowledges his 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. |
JOHN GRIFFITHS CARS LIMITED (REGISTERED NUMBER: 09766852) |
BALANCE SHEET - continued |
30 September 2024 |
The financial statements were approved by the director and authorised for issue on |
JOHN GRIFFITHS CARS LIMITED (REGISTERED NUMBER: 09766852) |
NOTES TO THE FINANCIAL STATEMENTS |
For The Year Ended 30 September 2024 |
1. | STATUTORY INFORMATION |
John Griffiths Cars Limited is a private limited company, limited by shares, registered in England and Wales. The company's registered number and registered office address are as below: |
Registered Number: 09766852 |
Registered office: |
Peterborough Road |
Langtoft |
Peterborough |
PE6 9LW |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | STATEMENT OF COMPLIANCE |
3. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Goodwill |
Tangible fixed assets |
Plant and machinery etc | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
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. |
Financial instruments |
Financial instruments are classified as basic following the conditions in FRS102 Section 1A. Basic instruments are recognised as the amortised cost using the effective rate of interest method. |
4. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
JOHN GRIFFITHS CARS LIMITED (REGISTERED NUMBER: 09766852) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
For The Year Ended 30 September 2024 |
5. | INTANGIBLE FIXED ASSETS |
Goodwill |
£ |
COST |
At 1 October 2023 |
and 30 September 2024 |
AMORTISATION |
At 1 October 2023 |
and 30 September 2024 |
NET BOOK VALUE |
At 30 September 2024 |
At 30 September 2023 |
6. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 October 2023 |
Additions |
Disposals | ( |
) |
At 30 September 2024 |
DEPRECIATION |
At 1 October 2023 |
Charge for year |
Eliminated on disposal | ( |
) |
At 30 September 2024 |
NET BOOK VALUE |
At 30 September 2024 |
At 30 September 2023 |
7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade debtors |
Other debtors |
JOHN GRIFFITHS CARS LIMITED (REGISTERED NUMBER: 09766852) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
For The Year Ended 30 September 2024 |
8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Bank loans and overdrafts |
Hire purchase contracts |
Payments on account |
Trade creditors |
Taxation and social security |
Other creditors |
9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2024 | 2023 |
£ | £ |
Bank loans |
Hire purchase contracts |
Amounts falling due in more than five years: |
Repayable by instalments |
Bank loans more 5 yr by instal | 58,227 | 30,545 |
10. | SECURED DEBTS |
The bank loan is secured by way of a legal charge over the freehold of the business premises. |
11. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
At the balance sheet date, the company owed a director £724 (2023:£14,146). This loan is unsecured, interest charged at market rate and repayable on demand. |