REGISTERED NUMBER: 08927829 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

Griffiths Groundworks Ltd

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Directors:

A J Bowyer

J Griffiths

Secretary:

Ms CV Driver

Registered office:

Unit 3, Cambrian Business Park

Queens Lane

Bromfield Industrial Estate

Mold

Flintshire

CH7 1NJ

Registered number:

08927829 (England and Wales)

Accountants:

Ridgway and Company

The Office,

Ffordd Pentre Bach,

Nercwys.

Mold

Flintshire

CH7 4EG

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

582,124

737,225

582,124

737,225

CURRENT ASSETS

Debtors

6

395,405

532,045

Cash at bank

66

-

395,471

532,045

CREDITORS

Amounts falling due within one year

7

220,116

386,317

NET CURRENT ASSETS

175,355

145,728

TOTAL ASSETS LESS CURRENT LIABILITIES

757,479

882,953

CREDITORS

Amounts falling due after more than one year

8

(157,330

)

(165,331

)

PROVISIONS FOR LIABILITIES

(145,531

)

(184,030

)

NET ASSETS

454,618

533,592

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

454,518

533,492

454,618

533,592

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 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.

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 20 November 2025 and were signed on its behalf by:

A J Bowyer - Director

J Griffiths - Director

1.	STATUTORY INFORMATION

Griffiths Groundworks Ltd 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.

GOODWILL

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five years.

INTANGIBLE ASSETS

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on reducing balance, 25% on reducing balance and 10% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 June 2024

and 31 May 2025

292,000

AMORTISATION

At 1 June 2024

and 31 May 2025

292,000

NET BOOK VALUE

At 31 May 2025

-

At 31 May 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 June 2024

116,823

1,001,072

1,117,895

Disposals

-

(280,977

)

(280,977

)

At 31 May 2025

116,823

720,095

836,918

DEPRECIATION

At 1 June 2024

-

380,670

380,670

Charge for year

-

55,354

55,354

Eliminated on disposal

-

(181,230

)

(181,230

)

At 31 May 2025

-

254,794

254,794

NET BOOK VALUE

At 31 May 2025

116,823

465,301

582,124

At 31 May 2024

116,823

620,402

737,225

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Other debtors

395,405

532,045

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans and overdrafts

48,956

48,582

Hire purchase contracts

136,358

77,210

Trade creditors

-

2,530

Taxation and social security

11,391

42,020

Other creditors

23,411

215,975

220,116

386,317

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans

38,404

48,031

Hire purchase contracts

118,926

117,300

157,330

165,331