REGISTERED NUMBER: 04074963 (England and Wales)

Peter T. Griffiths Limited

Unaudited Financial Statements for the Year Ended 30 November 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr P Griffiths

REGISTERED OFFICE:

Unit 10, Conwy Morfa Enterprise Park

Parc Caer Seion

Conwy

LL32 8FA

REGISTERED NUMBER:

04074963 (England and Wales)

ACCOUNTANTS:

Pritchett & Co

Chartered Accountants and Chartered Tax Advisers

16 Wynnstay Road

Colwyn Bay

Conwy

LL29 8NB

FIXED ASSETS

Tangible assets

4

68,251

90,618

CURRENT ASSETS

Stocks

201,000

701,000

Debtors

5

601,868

451,602

Cash at bank and in hand

1,217,717

303,922

2,020,585

1,456,524

CREDITORS

Amounts falling due within one year

6

721,218

627,195

NET CURRENT ASSETS

1,299,367

829,329

TOTAL ASSETS LESS CURRENT LIABILITIES

1,367,618

919,947

CREDITORS

Amounts falling due after more than one year

7

-

(6,666

)

PROVISIONS FOR LIABILITIES

(15,190

)

(10,262

)

NET ASSETS

1,352,428

903,019

CAPITAL AND RESERVES

Called up share capital

247,748

247,748

Retained earnings

1,104,680

655,271

1,352,428

903,019

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 27 August 2026 and were signed by:

Mr P Griffiths - Director

1.	STATUTORY INFORMATION

Peter T. Griffiths 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.

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.

Long leasehold

-

4% on cost

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Long

Plant and

and

Motor

leasehold

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 December 2024

49,070

156,577

89,596

94,601

389,844

Disposals

-

-

-

(15,245

)

(15,245

)

At 30 November 2025

49,070

156,577

89,596

79,356

374,599

DEPRECIATION

At 1 December 2024

26,477

142,744

86,441

43,564

299,226

Charge for year

904

2,381

1,019

13,655

17,959

Eliminated on disposal

-

-

-

(10,837

)

(10,837

)

At 30 November 2025

27,381

145,125

87,460

46,382

306,348

NET BOOK VALUE

At 30 November 2025

21,689

11,452

2,136

32,974

68,251

At 30 November 2024

22,593

13,833

3,155

51,037

90,618

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/11/25

30/11/24

£

£

Trade debtors

288,472

173,542

Other debtors

313,396

278,060

601,868

451,602

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/11/25

30/11/24

£

£

Bank loans and overdrafts

6,666

10,000

Hire purchase contracts

-

4,808

Trade creditors

459,339

542,508

Taxation and social security

240,818

64,886

Other creditors

14,395

4,993

721,218

627,195

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30/11/25

30/11/24

£

£

Bank loans

-

6,666

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in debtors is an amount owed by the director of £102,550, being the amount owed to the director as at 1 December 2024 of £54,220, amounts advanced by the company to the director of £48,330.

Interest has been charged on the average balance at the official rate of interest.

9.	RELATED PARTY DISCLOSURES

The company occupy land and buildings owned by Mr PR Griffiths, and the company paid rent of £30,000 (2024; £30,000) in the year.