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Company Registration No. 03454732 (England and Wales)
Griffin Freight Services (Retford) Limited Unaudited accounts for the year ended 31 March 2025
Griffin Freight Services (Retford) Limited Unaudited accounts Contents
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Griffin Freight Services (Retford) Limited Company Information for the year ended 31 March 2025
Directors
Mr M Griffin Mr R Burton
Company Number
03454732 (England and Wales)
Registered Office
UNIT 12 HALLCROFT INDUSTRIAL ESTATE RETFORD NOTTINGHAMSHIRE DN22 7SS
Accountants
Peartree Associates Ltd Peartree House Bolham Lane Retford Notts DN22 6SU
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Griffin Freight Services (Retford) Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,396,385 
1,598,115 
Current assets
Debtors
1,339,883 
1,154,839 
Cash at bank and in hand
(466,461)
(472,631)
873,422 
682,208 
Creditors: amounts falling due within one year
(813,614)
(870,256)
Net current assets/(liabilities)
59,808 
(188,048)
Total assets less current liabilities
1,456,193 
1,410,067 
Creditors: amounts falling due after more than one year
(289,668)
(312,434)
Net assets
1,166,525 
1,097,633 
Capital and reserves
Called up share capital
400 
400 
Capital redemption reserve
30 
30 
Profit and loss account
1,166,095 
1,097,203 
Shareholders' funds
1,166,525 
1,097,633 
For the year ending 31 March 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2025 and were signed on its behalf by
Mr M Griffin Director Company Registration No. 03454732
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Griffin Freight Services (Retford) Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Griffin Freight Services (Retford) Limited is a private company, limited by shares, registered in England and Wales, registration number 03454732. The registered office is UNIT 12, HALLCROFT INDUSTRIAL ESTATE, RETFORD, NOTTINGHAMSHIRE, DN22 7SS.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% straight line
Motor vehicles
12.5% straight line
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
1,177,150 
3,960,718 
5,137,868 
Additions
- 
281,220 
281,220 
Disposals
(13,310)
- 
(13,310)
At 31 March 2025
1,163,840 
4,241,938 
5,405,778 
Depreciation
At 1 April 2024
1,024,335 
2,515,418 
3,539,753 
Charge for the year
39,476 
406,912 
446,388 
On disposals
(13,310)
36,562 
23,252 
At 31 March 2025
1,050,501 
2,958,892 
4,009,393 
Net book value
At 31 March 2025
113,339 
1,283,046 
1,396,385 
At 31 March 2024
152,815 
1,445,300 
1,598,115 
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Griffin Freight Services (Retford) Limited Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
891,267 
755,368 
Accrued income and prepayments
82,357 
74,397 
Other debtors
366,259 
325,074 
1,339,883 
1,154,839 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
VAT
80,160 
153,955 
Obligations under finance leases and hire purchase contracts
256,468 
230,382 
Trade creditors
203,560 
174,631 
Taxes and social security
35,365 
26,365 
Other creditors
216,061 
269,173 
Accruals
12,000 
5,750 
813,614 
870,256 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
2,450 
12,450 
Obligations under finance leases and hire purchase contracts
287,218 
299,984 
289,668 
312,434 
8
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares -Class A of £1 each
100 
100 
100 Ordinary shares -Class B of £1 each
100 
100 
100 Ordinary shares -Class M of £1 each
100 
100 
100 Ordinary shares -Class S of £1 each
100 
100 
400 
400 
9
Average number of employees
During the year the average number of employees was 37 (2024: 37).
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