Acorah Software Products - Accounts Production 19.3.600 false true 30 April 2025 1 May 2024 false 1 May 2025 30 April 2026 30 April 2026 SC628572 John Griffin John Griffin Jnr Audrey Griffin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC628572 2025-04-30 SC628572 2026-04-30 SC628572 2025-05-01 2026-04-30 SC628572 frs-core:CurrentFinancialInstruments 2026-04-30 SC628572 frs-core:Non-currentFinancialInstruments 2026-04-30 SC628572 frs-core:BetweenOneFiveYears 2026-04-30 SC628572 frs-core:ComputerEquipment 2026-04-30 SC628572 frs-core:ComputerEquipment 2025-05-01 2026-04-30 SC628572 frs-core:ComputerEquipment 2025-04-30 SC628572 frs-core:MotorVehicles 2026-04-30 SC628572 frs-core:MotorVehicles 2025-05-01 2026-04-30 SC628572 frs-core:MotorVehicles 2025-04-30 SC628572 frs-core:WithinOneYear 2026-04-30 SC628572 frs-core:ShareCapital 2026-04-30 SC628572 frs-core:RetainedEarningsAccumulatedLosses 2026-04-30 SC628572 frs-bus:PrivateLimitedCompanyLtd 2025-05-01 2026-04-30 SC628572 frs-bus:FilletedAccounts 2025-05-01 2026-04-30 SC628572 frs-bus:SmallEntities 2025-05-01 2026-04-30 SC628572 frs-bus:AuditExempt-NoAccountantsReport 2025-05-01 2026-04-30 SC628572 frs-bus:SmallCompaniesRegimeForAccounts 2025-05-01 2026-04-30 SC628572 frs-bus:Director1 2025-05-01 2026-04-30 SC628572 frs-bus:Director2 2025-05-01 2026-04-30 SC628572 frs-bus:Director3 2025-05-01 2026-04-30 SC628572 frs-countries:Scotland 2025-05-01 2026-04-30 SC628572 2024-04-30 SC628572 2025-04-30 SC628572 2024-05-01 2025-04-30 SC628572 frs-core:CurrentFinancialInstruments 2025-04-30 SC628572 frs-core:Non-currentFinancialInstruments 2025-04-30 SC628572 frs-core:BetweenOneFiveYears 2025-04-30 SC628572 frs-core:WithinOneYear 2025-04-30 SC628572 frs-core:ShareCapital 2025-04-30 SC628572 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30
Registered number: SC628572
Griffin Electrical Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2026
14 Newton Place
Glasgow
G3 7PY
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC628572
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 54,885 21,189
54,885 21,189
CURRENT ASSETS
Debtors 5 1,663 2,379
Cash at bank and in hand 10,571 17,210
12,234 19,589
Creditors: Amounts Falling Due Within One Year 6 (23,291 ) (17,877 )
NET CURRENT ASSETS (LIABILITIES) (11,057 ) 1,712
TOTAL ASSETS LESS CURRENT LIABILITIES 43,828 22,901
Creditors: Amounts Falling Due After More Than One Year 7 (48,548 ) (4,808 )
NET (LIABILITIES)/ASSETS (4,720 ) 18,093
CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Profit and Loss Account (5,720 ) 17,093
SHAREHOLDERS' FUNDS (4,720) 18,093
Page 1
Page 2
For the year ending 30 April 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
John Griffin
Director
16th July 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Griffin Electrical Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC628572 . The registered office is 14 Newton Place, Glasgow, G3 7PY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25% Reducing Balance
Computer Equipment 3 years SL
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2025: 4)
3 4
Page 3
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4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 May 2025 54,943 1,199 56,142
Additions 71,150 1,857 73,007
Disposals (54,943 ) (833 ) (55,776 )
As at 30 April 2026 71,150 2,223 73,373
Depreciation
As at 1 May 2025 34,553 400 34,953
Provided during the period 17,788 508 18,296
Disposals (34,553 ) (208 ) (34,761 )
As at 30 April 2026 17,788 700 18,488
Net Book Value
As at 30 April 2026 53,362 1,523 54,885
As at 1 May 2025 20,390 799 21,189
5. Debtors
2026 2025
£ £
Due within one year
Other taxes and social security 1,663 2,379
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 12,431 9,114
Trade creditors 3,609 181
Corporation tax - 6,026
VAT 1,023 646
Other creditors 1,444 410
Accruals and deferred income 1,500 1,500
Directors' loan accounts 3,284 -
23,291 17,877
7. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 48,548 4,808
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Page 5
8. Obligations Under Finance Leases and Hire Purchase
2026 2025
£ £
The future minimum finance lease payments are as follows:
Not later than one year 12,431 9,114
Later than one year and not later than five years 48,548 4,808
60,979 13,922
60,979 13,922
9. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 1,000 1,000
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