REGISTERED NUMBER: 05310286 (Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Griffith a'i Gwmni Cyfyngedig

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A Griffith

Mrs E Griffith

REGISTERED OFFICE:

Gwar Rhos

Rhos Fawr

Pwllheli

Gwynedd

LL53 6NF

REGISTERED NUMBER:

05310286 (Wales)

ACCOUNTANTS:

Dunn & Ellis Cyf

Chartered Accountants

Adeilad St David's Building

Stryd Lombard Street

Porthmadog

Gwynedd

LL49 9AP

FIXED ASSETS

Tangible assets

4

74,845

24,640

CURRENT ASSETS

Stocks

508,563

530,137

Debtors

5

8,783

23,587

Cash at bank

75,514

39,953

592,860

593,677

CREDITORS

Amounts falling due within one year

6

510,871

487,402

NET CURRENT ASSETS

81,989

106,275

TOTAL ASSETS LESS CURRENT LIABILITIES

156,834

130,915

PROVISIONS FOR LIABILITIES

1,977

4,682

NET ASSETS

154,857

126,233

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

154,757

126,133

SHAREHOLDERS' FUNDS

154,857

126,233

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 29 September 2026 and were signed on its behalf by:

Mrs E Griffith - Director

1.	STATUTORY INFORMATION

Griffith a'i Gwmni Cyfyngedig is a private company, limited by shares , registered in 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.

Plant and machinery etc

-

20% on reducing balance

Fixed assets are stated at their cost prices, less accumulated depreciation and less amounts recognised of impairment.

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.

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 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

233,341

Additions

68,915

At 31 December 2025

302,256

DEPRECIATION

At 1 January 2025

208,701

Charge for year

18,710

At 31 December 2025

227,411

NET BOOK VALUE

At 31 December 2025

74,845

At 31 December 2024

24,640

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

8,783

23,269

Other debtors

-

318

8,783

23,587

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

4,880

684

Trade creditors

20,842

14,511

Taxation and social security

13,491

665

Other creditors

471,658

471,542

510,871

487,402

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £41,818 were paid to the directors .

9.	ULTIMATE CONTROLLING PARTY

The company is controlled by the directors as listed in their report.