1 March 2025 false No description of principal activity Taxfiler 2024.6 13906325business:PrivateLimitedCompanyLtd2025-03-012026-02-28 139063252025-02-28 139063252025-03-012026-02-28 13906325business:AuditExempt-NoAccountantsReport2025-03-012026-02-28 13906325business:FilletedAccounts2025-03-012026-02-28 139063252026-02-28 13906325business:Director12025-03-012026-02-28 13906325business:RegisteredOffice2025-03-012026-02-28 139063252025-02-28 13906325core:WithinOneYear2026-02-28 13906325core:WithinOneYear2025-02-28 13906325core:AfterOneYear2026-02-28 13906325core:AfterOneYear2025-02-28 13906325core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2026-02-28 13906325core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-02-28 13906325core:PreviouslyStatedAmount2026-02-28 13906325core:PreviouslyStatedAmount2025-02-28 13906325business:SmallEntities2025-03-012026-02-28 13906325countries:EnglandWales2025-03-012026-02-28 13906325core:FurnitureFittings2025-03-012026-02-28 13906325core:FurnitureFittings2025-02-28 13906325core:FurnitureFittings2026-02-28 13906325business:Director112025-03-012026-02-28 13906325business:Director112025-02-28 13906325business:Director112026-02-28 139063252024-03-012025-02-28 iso4217:GBP xbrli:pure
Company Registration No. 13906325 (England and Wales)
Griffiths Property Development Limited Unaudited accounts for the year ended 28 February 2026
Griffiths Property Development Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Griffiths Property Development Limited Company Information for the year ended 28 February 2026
Director
James Griffiths
Company Number
13906325 (England and Wales)
Registered Office
31 Castle Oak Usk NP15 1SG Wales
- 3 -
Griffiths Property Development Limited Statement of financial position as at 28 February 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
738 
- 
Current assets
Cash at bank and in hand
602 
1,886 
Creditors: amounts falling due within one year
5
4,300 
(680)
Net current assets
4,902 
1,206 
Total assets less current liabilities
5,640 
1,206 
Creditors: amounts falling due after more than one year
6
(3,559)
- 
Net assets
2,081 
1,206 
Capital and reserves
Profit and loss account
2,081 
1,206 
Shareholders' funds
2,081 
1,206 
For the year ending 28 February 2026 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 director acknowledges his 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 and authorised for issue on 14 May 2026 and were signed on its behalf by
James Griffiths Director Company Registration No. 13906325
- 4 -
Griffiths Property Development Limited Notes to the Accounts for the year ended 28 February 2026
1
Statutory information
Griffiths Property Development Limited is a private company, limited by shares, registered in England and Wales, registration number 13906325. The registered office is 31 Castle Oak, Usk, NP15 1SG, Wales.
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:
Fixtures & fittings
20%
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 March 2025
- 
Additions
738 
At 28 February 2026
738 
Depreciation
At 28 February 2026
- 
Net book value
At 28 February 2026
738 
5
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
Taxes and social security
- 
3,068 
Other creditors
988 
2,900 
Loans from directors
(5,288)
(5,288)
(4,300)
680 
- 5 -
Griffiths Property Development Limited Notes to the Accounts for the year ended 28 February 2026
6
Creditors: amounts falling due after more than one year
2026 
2025 
£ 
£ 
Taxes and social security
3,559 
- 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
James Griffiths
Directors Loan
3,889 
- 
- 
3,889 
3,889 
- 
- 
3,889 
8
Average number of employees
During the year the average number of employees was 0 (2025: 0).
- 6 -