Giles Murfin Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 10446028

Giles Murfin Limited

Filleted Unaudited Financial Statements

For the year ended

31 March 2026

Giles Murfin Limited

Statement of Financial Position

31 March 2026

	2026		2025
Note	£	£	£	£

Fixed assets

Investments	5		108,330		108,330

Current assets

Cash at bank and in hand	699		166

Creditors: amounts falling due within one year	6	113,247		112,132
		----------		----------
Net current liabilities			112,548		111,966
			----------		----------
Total assets less current liabilities			( 4,218)		( 3,636)
			-------		-------
Net liabilities			( 4,218)		( 3,636)
			-------		-------

Capital and reserves

Called up share capital	200	200
Profit and loss account	( 4,418)	( 3,836)
	-------	-------
Shareholders funds	( 4,218)	( 3,636)
	-------	-------

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 statement of income and retained earnings has not been delivered.

For the year ending 31 March 2026 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 .

Giles Murfin Limited

Statement of Financial Position (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 22 September 2026 , and are signed on behalf of the board by:

Mr S Giles	Mrs S Giles
Director	Director

Company registration number: 10446028

Giles Murfin Limited

Notes to the Financial Statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 51 Brackenborough Road, Louth, LN11 0AD, Lincolnshire.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

(a) 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.

(b) Going concern

The UK economy has recently been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the directors have considered the effect of these matters on the company with the information available to it and do not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the directors have prepared these financial statements on a going concern basis. The financial statements show the Company has net liabilities at the Balance Sheet date of £4,218. The directors have confirmed that they are willing to support the company for the foreseeable future. On this basis, the directors have prepared these financial statements on a going concern basis.

(c) Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

(d) Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Employee numbers

The average number of persons employed by the company during the year, including the directors, amounted to 2 .

5. Investments

	Investments in joint ventures	Other investments other than loans	Total
	£	£	£
Cost
At 1 April 2025 and 31 March 2026	100	108,230	108,330
	----	----------	----------
Impairment
At 1 April 2025 and 31 March 2026	–	–	–
	----	----------	----------

Carrying amount
At 31 March 2026	100	108,230	108,330
	----	----------	----------
At 31 March 2025	100	108,230	108,330
	----	----------	----------

The above investments in joint ventures represents the cost of 50% of the issued share capital of Giles & Giles Limited.

6. Creditors: amounts falling due within one year

	2026	2025
	£	£
Accruals	445	425
Director loan accounts	112,802	111,707
	----------	----------
	113,247	112,132
	----------	----------

7. Related party transactions

The directors have loan monies to the company, which at 31 March 2026 amounted to £ 112,802 (2025: £111,707). The loan is interest free and repayable on demand.