Griffiths Electrical Distributors Limite - Accounts to registrar (filleted)

REGISTERED NUMBER: 13842234 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 June 2025

for

Griffiths Electrical Distributors

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S Griffiths

REGISTERED OFFICE:

12 Barnett Close

Kingswinford

West Midlands

DY6 9PW

REGISTERED NUMBER:

13842234 (England and Wales)

ACCOUNTANTS:

James, Stanley & Co. Limited

1,733 Coventry Road

South Yardley

Birmingham

West Midlands

B26 1DT

FIXED ASSETS

Investments

5

558,764

CURRENT ASSETS

Debtors

6

2,954

971

Cash at bank

614

7,650

3,568

8,621

CREDITORS

Amounts falling due within one year

7

58,288

57,407

NET CURRENT LIABILITIES

(54,720

)

(48,786

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

504,044

509,978

CREDITORS

Amounts falling due after more than one year

8

8,037

66,052

NET ASSETS

496,007

443,926

CAPITAL AND RESERVES

Called up share capital

10

1

Retained earnings

496,006

443,925

SHAREHOLDERS' FUNDS

496,007

443,926

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

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.

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 director and authorised for issue on 21 November 2025 and were signed by:

S Griffiths - Director

1.	STATUTORY INFORMATION

Griffiths Electrical Distributors 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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. There were no material departures from that standard.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

At the balance sheet date the company had net current liabilities of £54,720. The director considers that the company will continue to operate within its facilities given the continued financial support of its subsidiary. On that basis, the director considers it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of this financial support.

Preparation of consolidated financial statements

The financial statements contain information about Griffiths Electrical Distributors Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries

Investments in subsidiaries are measured at cost less impairment.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Loans from directors

As a small entity the company measures a basic financial liability that are loans from directors at transaction price.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 July 2024

and 30 June 2025

558,764

NET BOOK VALUE

At 30 June 2025

558,764

At 30 June 2024

558,764

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Lenson Select (U.K.) Limited

Registered office: England and Wales

Nature of business: Wholesaler

%

Class of shares:

holding

Ordinary

100.00

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

Amounts owed by group undertakings

2,954

971

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

Trade creditors

194

2,136

Other creditors

58,015

55,191

Directors' current accounts

79

80

58,288

57,407

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30.6.25

30.6.24

£

Other creditors

8,037

66,052

9.	SECURED DEBTS

There is a charge over all the issued share capital of Lenson Select (UK) Limited dated 10 June 2022 in favour of Mr. and Mrs. Crofts.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.25

30.6.24

value:

£

1

Ordinary

£1

1

11.	CAPITAL COMMITMENTS

30.6.25

30.6.24

£

Contracted but not provided for in the

financial statements

-

12.	RELATED PARTY DISCLOSURES

Loans from key management personnel are unsecured and interest free with no specific repayment terms.

The balance with the group company is unsecured and interest free with no specific repayment terms.

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.