BrightAccountsProduction v1.0.0 v1.0.0 2022-10-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts FRS 105 Accounts The principal activity of the company is the supply of virtual reality golf stimulator entertainment services. 15 March 2024 NI672762 2023-09-30 NI672762 2022-09-30 NI672762 2021-09-30 NI672762 2022-10-01 2023-09-30 NI672762 2021-10-01 2022-09-30 NI672762 uk-bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 NI672762 uk-curr:PoundSterling 2022-10-01 2023-09-30 NI672762 uk-bus:AbridgedAccounts 2022-10-01 2023-09-30 NI672762 uk-core:CapitalReserve 2023-09-30 NI672762 uk-core:CapitalReserve 2022-09-30 NI672762 2022-10-01 2023-09-30 NI672762 uk-bus:Director1 2022-10-01 2023-09-30 NI672762 uk-bus:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 NI672762 uk-bus:Micro-entities 2022-10-01 2023-09-30 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
 
 
 
 
 
 
 
 
Golf365 Limited
 
Unaudited Financial Statements
 
for the financial year ended 30 September 2023



Golf365 Limited
Company Registration Number: NI672762
BALANCE SHEET
as at 30 September 2023

    2023   2022
  £   £
 
 
Fixed Assets 103,824   68,322
  ─────────   ─────────
 
Current assets 56,109   92,229
 
Creditors: amounts falling due within one year (176,131)   (123,279)
  ─────────   ─────────
Net Current Liabilities (120,022)   (31,050)
  ─────────   ─────────
 
Total Assets less Current Liabilities (16,198)   37,272
 
Creditors: amounts falling due after more than one year (37,477)   (4,080)
 
Accruals and deferred income (32,639)   (2,500)
  ─────────   ─────────
Net (Liabilities)/Assets (86,314)   30,692
  ═════════   ═════════
 
Capital and Reserves (86,314)   30,692
  ═════════   ═════════
 
Notes to the financial statements
   
1. General Information
 
Golf365 Limited is a private company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI672762. The registered office of the company is 3c Carrickcroppan Road, Camlough, Co. Armagh, BT35 7HA, Northern Ireland which is also the principal place of business of the company.

The financial statements have been presented in Pound Sterling (£) which is also the functional currency of the company.

The financial statements cover the individual entity, Gold365 Limited for the financial year ended 30th September 2023.
   
2. Financial commitments and guarantees
 
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. Pension contributions are charged to the profit and loss in the year that they occur. There is £139 owed to the fund at the 30th September 2023. This is included in Creditors: amounts falling due within one year.
   
3. Going concern
 
The company had a net loss of £117,006 during the year ended 30 September 2023. At that date it had negative reserves of £86,314. At the balance sheet date the director has put plans in place to restructure the company which includes downsizing its premises. At the balance sheet date the company was in the final stage of preparing for the opening of their new premises. The director has offered assurances that he will continue to financially support the company until it begins to make a profit. As such, the accounts are prepared on a going concern basis.
       
4. Employees
 
The average monthly number of employees, including director, during the financial year was
 
  2023 2022
  Number Number
 
Director 1 1
Employees 2 -
  ───────── ─────────
  3 1
  ═════════ ═════════
   
5. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.
     
For the financial year ended 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
 
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
 
The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
 
These financial statements have been prepared in accordance with the provisions available to micro-entities in Part 15 of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
 
The company has taken advantage of the exemption under section 444 not to file the Director's Report, Abridged Profit and Loss Account.
 
Approved by the Director on 15 March 2024 and signed by:
 
 
   
________________________________  
Niall Mulvaney  
Director