Griffiths Hire Shops Holdings Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 11827336

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		891,309		907,866
Investments	5		100		100

			891,409		907,966
CURRENT ASSETS
Debtors	6	(200 )		(200 )

		(200 )		(200 )
Creditors: Amounts Falling Due Within One Year	7	(145,919 )		(144,924 )

NET CURRENT ASSETS (LIABILITIES)			(146,119 )		(145,124 )

TOTAL ASSETS LESS CURRENT LIABILITIES			745,290		762,842

NET ASSETS			745,290		762,842

CAPITAL AND RESERVES
Called up share capital	8		98		98
Profit and Loss Account			745,192		762,744

SHAREHOLDERS' FUNDS			745,290		762,842

For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Christopher Griffiths

Director

27/08/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Griffiths Hire Shops Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11827336 . The registered office is Maes Y Clawdd, Shrewsbury Road, Oswestry, Shropshire, SY10 8NN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold

2% Reducing Balance

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Tangible Assets

	Land & Property
	Freehold
	£
Cost
As at 29 February 2024	977,543

As at 28 February 2025	977,543

Depreciation
As at 29 February 2024	69,677
Provided during the period	16,557

As at 28 February 2025	86,234

Net Book Value
As at 28 February 2025	891,309

As at 29 February 2024	907,866

5. Investments

	Other
	£
Cost
As at 29 February 2024	100

As at 28 February 2025	100

Provision
As at 29 February 2024	-

As at 28 February 2025	-

Net Book Value
As at 28 February 2025	100

As at 29 February 2024	100

Page 2

Page 3

Griffiths Hire Shops Holdings Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

Investments in subsidiaries are measured at cost less accumlulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurment are recognised in the statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit and loss for the period.

6. Debtors

	2025	2024
	£	£
Due within one year
Called up share capita fully paid	(200 )	(200 )

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

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	(2 )	(2 )
Other creditors	144,260	144,260
Accruals and deferred income	1,465	666
Directors' loan accounts	196	-

	145,919	144,924

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 interestc method.

8. Share Capital

	2025	2024
	£	£
Called Up Share Capital not Paid	(200 )	(200 )
Called Up Share Capital has been paid up	298	298

Amount of Allotted, Called Up Share Capital	98	98

9. Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised and approved by the shareholders at an annual general meeting.