Company Registration No. 07915406 (England and Wales)
John Stubbs Golf Ltd
Unaudited accounts
for the year ended 28 February 2023
John Stubbs Golf Ltd
Unaudited accounts
Contents
John Stubbs Golf Ltd
Company Information
for the year ended 28 February 2023
Directors
John Stubbs
Suzy Armitage
Company Number
07915406 (England and Wales)
Registered Office
Moreton House
31 High Street
Buckingham
MK18 1NU
Accountants
Anthistle Craven
Moreton House
31 High Street
Buckingham
Bucks
MK18 1NU
John Stubbs Golf Ltd
Statement of financial position
as at 28 February 2023
Tangible assets
2,381
2,934
Cash at bank and in hand
58,050
58,368
Creditors: amounts falling due within one year
(64,871)
(65,927)
Net current assets
13,936
12,158
Total assets less current liabilities
16,317
15,092
Provisions for liabilities
Called up share capital
2
2
Profit and loss account
15,863
14,533
Shareholders' funds
15,865
14,535
For the year ending 28 February 2023 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 16 November 2023 and were signed on its behalf by
John Stubbs
Director
Company Registration No. 07915406
John Stubbs Golf Ltd
Notes to the Accounts
for the year ended 28 February 2023
John Stubbs Golf Ltd is a private company, limited by shares, registered in England and Wales, registration number 07915406. The registered office is Moreton House, 31 High Street, Buckingham, MK18 1NU.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% on reducing balance
Fixtures & fittings
15% on reducing Balance
Computer equipment
33% on reducing balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2022
6,284
1,433
1,392
9,109
At 28 February 2023
6,284
1,433
1,392
9,109
At 1 March 2022
4,773
636
766
6,175
Charge for the year
227
119
207
553
At 28 February 2023
5,000
755
973
6,728
At 28 February 2023
1,284
678
419
2,381
At 28 February 2022
1,511
797
626
2,934
John Stubbs Golf Ltd
Notes to the Accounts
for the year ended 28 February 2023
Amounts falling due within one year
Accrued income and prepayments
-
499
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
-
1,667
Trade creditors
30,429
40,075
Taxes and social security
(222)
2,243
Other creditors
20,182
21,942
Loans from directors
13,370
-
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).