GRIFFINS BUILDING SERVICES LIMITED
GRIFFINS BUILDING SERVICES LIMITED
Registered number: 3370595
Financial Statements
For The Year Ended 31 March 2019
CAUDLE COUNTING HOUSE LIMITED
ACCOUNTANTS
Caudle Street
Henfield
West Sussex
BN5 9DQ
GRIFFINS BUILDING SERVICES LIMITED
Financial Statements
For The Year Ended 31 March 2019
Financial Statements
Contents | |
Page | |
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Balance Sheet | 1—2 |
Notes to the Financial Statements | 3—5 |
GRIFFINS BUILDING SERVICES LIMITED
Balance Sheet
As at
31 March 2019
Balance Sheet
Registered number:
3370595
For the year ending 31 March 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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Notes | £ | £ | £ | £ | |
FIXED ASSETS | |||||
Tangible Assets | 3 |
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CURRENT ASSETS | |||||
Debtors | 4 |
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Cash at bank and in hand |
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Creditors: Amounts Falling Due Within One Year | 5 |
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NET CURRENT ASSETS (LIABILITIES) |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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Creditors: Amounts Falling Due After More Than One Year | 6 |
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NET ASSETS |
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CAPITAL AND RESERVES | |||||
Called up share capital | 8 |
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Profit and Loss Account |
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SHAREHOLDERS' FUNDS | 4,904 | (3,682) | |||
Page 1
GRIFFINS BUILDING SERVICES LIMITED
Balance Sheet (continued)
As at
31 March 2019
Director's responsibilities
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The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The director acknowledges his 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
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The notes on pages 3 to 5 form part of these financial statements.
Page 2
GRIFFINS BUILDING SERVICES LIMITED
Notes to the Financial Statements
For The Year Ended 31 March 2019
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2.
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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
1.3.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Plant & Machinery |
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Motor Vehicles |
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1.4.
Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and 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 profit and loss account as incurred.
1.5.
Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.
Page 3
GRIFFINS BUILDING SERVICES LIMITED
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2019
3.
Tangible Assets
Plant & Machinery | Motor Vehicles | Total | |
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Cost | |||
As at |
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Additions |
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Disposals |
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As at |
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Depreciation | |||
As at |
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Provided during the period |
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Disposals |
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As at |
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Net Book Value | |||
As at |
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As at |
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4.
Debtors
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£ | £ | ||
Due within one year | |||
Corporation tax recoverable assets |
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5.
Creditors: Amounts Falling Due Within One Year
2019 | 2018 | ||
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£ | £ | ||
Net obligations under finance lease and hire purchase contracts |
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Trade creditors |
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Director's loan account |
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GRIFFINS BUILDING SERVICES LIMITED
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2019
6.
Creditors: Amounts Falling Due After More Than One Year
2019 | 2018 | ||
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£ | £ | ||
Net obligations under finance lease and hire purchase contracts |
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7.
Obligations Under Finance Leases and Hire Purchase
2019 | 2018 | ||
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£ | £ | ||
The maturity of these amounts is as follows: | |||
Amounts Payable: | |||
Within one year |
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Between one and five years |
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9.
Ultimate Controlling Party
The company's ultimate controlling party is Darren Paul Bradley by virtue of his ownership of 100% of the issued share capital in the company.
10.
General Information
GRIFFINS BUILDING SERVICES LIMITED Registered number 3370595 is a limited by shares company incorporated in England & Wales. The Registered Office is CAUDLE COUNTING HOUSE, CAUDLE STREET, HENFIELD, WEST SUSSEX, BN5 9DQ.
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