REGISTERED NUMBER: 10121712 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

THE GRIFFIN GROUP LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr P J Griffin

Mrs G Griffin

SECRETARY:

Mrs G Griffin

REGISTERED OFFICE:

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

REGISTERED NUMBER:

10121712 (England and Wales)

ACCOUNTANTS:

JLA Accountants

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

FIXED ASSETS

Tangible assets

4

53,287

105,400

Investments

5

1

1

53,288

105,401

CURRENT ASSETS

Debtors

6

6,101

3,133

Cash at bank

178,944

125,051

185,045

128,184

CREDITORS

Amounts falling due within one year

7

207,526

182,734

NET CURRENT LIABILITIES

(22,481

)

(54,550

)

TOTAL ASSETS LESS CURRENT LIABILITIES

30,807

50,851

CREDITORS

Amounts falling due after more than one year

8

43,251

50,275

NET (LIABILITIES)/ASSETS

(12,444

)

576

CAPITAL AND RESERVES

Called up share capital

9

105

105

Retained earnings

(12,549

)

471

SHAREHOLDERS' FUNDS

(12,444

)

576

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 30 December 2025 and were signed on its behalf by:

Mr P J Griffin - Director

1.	STATUTORY INFORMATION

The Griffin Group 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.	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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Computer equipment - 33% on cost

Motor vehicle - 25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

1,000

130,910

210

132,120

Additions

-

49,735

-

49,735

Disposals

-

(96,035

)

-

(96,035

)

At 31 March 2025

1,000

84,610

210

85,820

DEPRECIATION

At 1 April 2024

1,000

25,627

93

26,720

Charge for year

-

17,747

70

17,817

Eliminated on disposal

-

(12,004

)

-

(12,004

)

At 31 March 2025

1,000

31,370

163

32,533

NET BOOK VALUE

At 31 March 2025

-

53,240

47

53,287

At 31 March 2024

-

105,283

117

105,400

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2024

96,035

Additions

49,735

Disposals

(96,035

)

At 31 March 2025

49,735

DEPRECIATION

At 1 April 2024

12,004

Charge for year

12,434

Eliminated on disposal

(12,004

)

At 31 March 2025

12,434

NET BOOK VALUE

At 31 March 2025

37,301

At 31 March 2024

84,031

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertaki

£

COST

At 1 April 2024

and 31 March 2025

1

NET BOOK VALUE

At 31 March 2025

1

At 31 March 2024

1

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

1,740

1,125

Other debtors

2,507

2,008

VAT

835

-

Prepayments and accrued income

1,019

-

6,101

3,133

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

6,484

5,694

Trade creditors

-

1,999

Social security and other taxes

-

519

VAT

-

4,921

Other creditors

149,805

118,693

Directors' current accounts

51,237

50,908

207,526

182,734

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

43,251

50,275

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

50

A Ordinary

£1

50

50

50

B Ordinary

£1

50

50

1

C Ordinary

£1

1

1

1

D Ordinary

£1

1

1

1

E Ordinary

£1

1

1

1

F Ordinary

£1

1

1

1

G Ordinary

£1

1

1

105

105

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

Mr P J Griffin

Balance outstanding at start of year

(50,908

)

41,517

Amounts advanced

150,935

5,579

Amounts repaid

(100,027

)

(98,004

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

(50,908

)

11.	RELATED PARTY DISCLOSURES

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.

As at the balance sheet date, included in creditors is a balance of £149,381 (2024: £118,662) to Griffin Professional Services Limited an is under common control of the director

As at the balance sheet date, included in creditors is a balance of £51,237 (2024: £50,908 in debit) owed to the directors'. This is an interest free amount repayable on demand.