COMPANY REGISTRATION NUMBER:
09509323
Griffiths Estates (2015) Limited
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Filleted Unaudited Financial Statements
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Griffiths Estates (2015) Limited
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Statement of Financial Position
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31 March 2022
Fixed assets
Investments
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4
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1,000,000
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1,000,000
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Current assets
Cash at bank and in hand
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573
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483
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----
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----
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Net current assets
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573
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483
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Total assets less current liabilities
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1,000,573
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1,000,483
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Capital and reserves
Called up share capital
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14,800
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14,800
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Other reserves
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985,200
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985,200
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Profit and loss account
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573
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483
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Shareholders funds
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1,000,573
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1,000,483
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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 2022 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
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
15 December 2022
, and are signed on behalf of the board by:
Mr R C Gutteridge
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Director
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Company registration number:
09509323
Griffiths Estates (2015) Limited
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Notes to the Financial Statements
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Year ended 31 March 2022
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 5 Amos Avenue, Wednesfield, Wolverhampton, West Midlands, United Kingdom, WV11 1LF.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
(a)
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
(b)
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
(c)
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
4.
Investments
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Shares in group undertakings
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£
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Cost
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At 1 April 2021 and 31 March 2022
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3,080,000
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Impairment
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At 1 April 2021 and 31 March 2022
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2,080,000
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Carrying amount
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At 31 March 2022
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1,000,000
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At 31 March 2021
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1,000,000
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The company owns 100% of the issued share capital of Arthur M Griffiths & Son (Holdings) Limited.
Under the provision of section 398 of the Companies Act 2006 the company is exempt from preparing consolidated accounts and has not done so, therefore the accounts show information about the company as an individual entity.