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REGISTERED NUMBER: 09511517 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

FOOT GOLF WISE LIMITED

FOOT GOLF WISE LIMITED (REGISTERED NUMBER: 09511517)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FOOT GOLF WISE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: D I Bugg
A Bugg
V Akers





REGISTERED OFFICE: Suite 3, The Hamilton Centre
Rodney Way
Chelmsford
Essex
CM1 3BY





REGISTERED NUMBER: 09511517 (England and Wales)





ACCOUNTANTS: CBHC Limited
Suite 3, The Hamilton Centre
Rodney Way
Chelmsford
Essex
CM1 3BY

FOOT GOLF WISE LIMITED (REGISTERED NUMBER: 09511517)

BALANCE SHEET
31 MARCH 2023

31/3/23 31/3/22
Notes £    £   
CURRENT ASSETS
Debtors 5 96,634 83,394
Cash at bank 790 957
97,424 84,351
CREDITORS
Amounts falling due within one year 6 35,307 31,827
NET CURRENT ASSETS 62,117 52,524
TOTAL ASSETS LESS CURRENT
LIABILITIES

62,117

52,524

CREDITORS
Amounts falling due after more than one year 7 3,591 5,341
NET ASSETS 58,526 47,183

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 58,326 46,983
SHAREHOLDERS' FUNDS 58,526 47,183

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

FOOT GOLF WISE LIMITED (REGISTERED NUMBER: 09511517)

BALANCE SHEET - continued
31 MARCH 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 November 2023 and were signed on its behalf by:





D I Bugg - Director


FOOT GOLF WISE LIMITED (REGISTERED NUMBER: 09511517)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

Foot Golf Wise Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 2 ).

FOOT GOLF WISE LIMITED (REGISTERED NUMBER: 09511517)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022
and 31 March 2023 8,267
DEPRECIATION
At 1 April 2022
and 31 March 2023 8,267
NET BOOK VALUE
At 31 March 2023 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/23 31/3/22
£    £   
Other debtors 96,634 83,394

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/23 31/3/22
£    £   
Bank loans and overdrafts 1,950 1,950
Amounts owed to participating interests - 26,800
Taxation and social security 2,661 3,015
Other creditors 30,696 62
35,307 31,827

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/3/23 31/3/22
£    £   
Bank loans 3,591 5,341

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, the director owed the company nil (2022: £2,632).

9. RELATED PARTY DISCLOSURES

Included in debtors is an amount of £84,020 (2022: £69,477) owing from Golfwise Ltd. At the balance sheet date Croydon Golf Limited owed £1,000 (2022: £1,000), The Notleys Golf Club Limited owed £5,744 (2022: £5,576), Hall Lane Golf Limited owed £27,300 (2022: £26,800), Golfwise Properties Limited owed £3,334 (2022: nil) and Golfplay Limited owed £162 (2022: nil). These are companies in which the director D Bugg has an interest.

FOOT GOLF WISE LIMITED (REGISTERED NUMBER: 09511517)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


10. ULTIMATE CONTROLLING PARTY

The company was controlled by its directors, and ultimately controlled by its shareholders during the year.