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COMPANY REGISTRATION NUMBER: 11607218

Griffiths and Taylor Limited

Unaudited financial statements

31 October 2025

Griffiths and Taylor Limited

Statement of financial position

31 October 2025

| 2025 | 2024
Note | £ | £ | £ | £

Fixed assets

Intangible assets | 5 |  | 6,780 |  | 9,040
Tangible assets | 6 |  | 26,406 |  | 9,044
|  | ------- |  | -------
|  | 33,186 |  | 18,084

Current assets

Debtors | 7 | 92,430 |  | 128,890 |
Cash at bank and in hand | 109,090 |  | 70,964 |
| --------- |  | --------- |
| 201,520 |  | 199,854 |

Creditors: Amounts falling due within one year | 8 | ( 54,163) |  | ( 46,734) |
| --------- |  | --------- |
Net current assets |  | 147,357 |  | 153,120
|  | --------- |  | ---------
Total assets less current liabilities |  | 180,543 |  | 171,204

Provisions

Taxation including deferred tax |  | ( 4,987) |  | –
|  | --------- |  | ---------
Net assets |  | 175,556 |  | 171,204
|  | --------- |  | ---------

Capital and reserves

Called up share capital |  | 100 |  | 100
Profit and loss account |  | 175,456 |  | 171,104
|  | --------- |  | ---------
Shareholders funds |  | 175,556 |  | 171,204
|  | --------- |  | ---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Griffiths and Taylor Limited

Statement of financial position (continued)

31 October 2025
These financial statements were approved by the board of directors and authorised for issue on 24 March 2026 , and are signed on behalf of the board by:

J R Griffiths
Director

Company registration number: 11607218

Griffiths and Taylor Limited

Notes to the financial statements

Year ended 31 October 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 2 Station Road, Brundall, Norwich, Norfolk, NR13 5LA. The trading address of the company is Pearl Farm, The Street, Aslacton, Norfolk, NR15 2JW.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. Revenue from the sale of services is recognised when the service has been satisfactorily provided, the amount can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Goodwill
Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

| Goodwill | - | 10% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Plant and machinery | - | 25% reducing balance
| Fixtures and fittings | - | 25% reducing balance
| Motor vehicles | - | 25% reducing balance
| Equipment | - | 25% straight line and 25% reducing balance

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.
4. Employee numbers
The average number of employees during the year was 6 (2024: 6 ).
5. Intangible assets

| Goodwill
| £
Cost |
At 1 November 2024 and 31 October 2025 | 22,600
| -------
Amortisation |
At 1 November 2024 | 13,560
Charge for the year | 2,260
| -------
At 31 October 2025 | 15,820
| -------
Carrying amount |
At 31 October 2025 | 6,780
| -------
At 31 October 2024 | 9,040
| -------

6. Tangible assets

| Plant and machinery | Fixtures and fittings | Motor vehicles | Equipment | Total
| £ | £ | £ | £ | £
Cost |  |  |  |  |
At 1 November 2024 | 1,121 | 2,444 | – | 21,178 | 24,743
Additions | – | – | 22,880 | – | 22,880
| ------ | ------ | ------- | ------- | -------
At 31 October 2025 | 1,121 | 2,444 | 22,880 | 21,178 | 47,623
| ------ | ------ | ------- | ------- | -------
Depreciation |  |  |  |  |
At 1 November 2024 | 575 | 1,711 | – | 13,413 | 15,699
Charge for the year | 136 | 183 | 1,907 | 3,292 | 5,518
| ------ | ------ | ------- | ------- | -------
At 31 October 2025 | 711 | 1,894 | 1,907 | 16,705 | 21,217
| ------ | ------ | ------- | ------- | -------
Carrying amount |  |  |  |  |
At 31 October 2025 | 410 | 550 | 20,973 | 4,473 | 26,406
| ------ | ------ | ------- | ------- | -------
At 31 October 2024 | 546 | 733 | – | 7,765 | 9,044
| ------ | ------ | ------- | ------- | -------

7. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 33,829 | 42,003
Other debtors | 58,601 | 86,887
| ------- | ---------
| 92,430 | 128,890
| ------- | ---------

8. Creditors: Amounts falling due within one year

| 2025 | 2024
| £ | £
Trade creditors | 528 | 3,425
Social security and other taxes | 51,113 | 43,309
Other creditors | 2,522 | –
| ------- | -------
| 54,163 | 46,734
| ------- | -------

9. Directors' advances, credits and guarantees
Included within other debtors are amounts advanced to directors totalling £55,529 (2024: £83,087). The maximum balance advanced during the year was £83,565. Interest of £1,349 (2024: £Nil) was charged at the official rates.