DRUIDS GOLF LTD

Company Registration Number:
SC647874 (Scotland)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

DRUIDS GOLF LTD

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

DRUIDS GOLF LTD

Balance sheet

As at 31 December 2022


Notes

2022

2021


£

£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 161,655 104,969
Total fixed assets: 161,655 104,969
Current assets
Stocks: 3,109,250 2,248,691
Debtors: 4 660,479 1,185,162
Cash at bank and in hand: 1,420,424 769,209
Total current assets: 5,190,153 4,203,062
Creditors: amounts falling due within one year: 5 (3,522,836) (3,522,767)
Net current assets (liabilities): 1,667,317 680,295
Total assets less current liabilities: 1,828,972 785,264
Creditors: amounts falling due after more than one year: 6 (34,167) (94,167)
Total net assets (liabilities): 1,794,805 691,097
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,794,705 690,997
Shareholders funds: 1,794,805 691,097

The notes form part of these financial statements

DRUIDS GOLF LTD

Balance sheet statements

For the year ending 31 December 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 March 2023
and signed on behalf of the board by:

Name: Donald Jones
Status: Director

The notes form part of these financial statements

DRUIDS GOLF LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

DRUIDS GOLF LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

2022 2021
Average number of employees during the period 14 13

DRUIDS GOLF LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Tangible Assets

Total
Cost £
At 01 January 2022 131,211
Additions 97,099
At 31 December 2022 228,310
Depreciation
At 01 January 2022 26,242
Charge for year 40,413
At 31 December 2022 66,655
Net book value
At 31 December 2022 161,655
At 31 December 2021 104,969

DRUIDS GOLF LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Debtors

2022 2021
££
Debtors due after more than one year: 660,479 1,185,162

DRUIDS GOLF LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Creditors: amounts falling due within one year note

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

DRUIDS GOLF LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

6. Creditors: amounts falling due after more than one year note

Creditors amounts falling due after one year 2022 Bank loans 34167