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REGISTERED NUMBER: 11358959 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

Matt Davies Golf Limited

Matt Davies Golf Limited (Registered number: 11358959)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Matt Davies Golf Limited

Company Information
for the Year Ended 31 May 2023







DIRECTORS: Mr M Davies
Mrs J Davies





REGISTERED OFFICE: C/O The Accounts Centre
Unit 13b Mollington Grange Parkgate Road
Mollington
Chester
Cheshire
CH1 6NP





REGISTERED NUMBER: 11358959 (England and Wales)





ACCOUNTANTS: The Accounts Centre
Milton Green Farm
Whitchurch Road
Milton Green
Chester
Cheshire
CH3 9DS

Matt Davies Golf Limited (Registered number: 11358959)

Statement of Financial Position
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 6,047 8,667

CURRENT ASSETS
Stocks 40,489 44,353
Debtors 6 4,714 181
Cash at bank 7,487 30,602
52,690 75,136
CREDITORS
Amounts falling due within one year 7 44,893 49,739
NET CURRENT ASSETS 7,797 25,397
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,844

34,064

CREDITORS
Amounts falling due after more than one
year

8

12,957

18,940
NET ASSETS 887 15,124

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 787 15,024
SHAREHOLDERS' FUNDS 887 15,124

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

Matt Davies Golf Limited (Registered number: 11358959)

Statement of Financial Position - continued
31 May 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 22 February 2024 and were signed on its behalf by:





Mr M Davies - Director


Matt Davies Golf Limited (Registered number: 11358959)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

Matt Davies Golf 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.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 - 25% on cost
Computer equipment - 33% on Computer Equipment

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
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 statement of financial position date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

Matt Davies Golf Limited (Registered number: 11358959)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2022 21,081
Additions 881
At 31 May 2023 21,962
DEPRECIATION
At 1 June 2022 12,414
Charge for year 3,501
At 31 May 2023 15,915
NET BOOK VALUE
At 31 May 2023 6,047
At 31 May 2022 8,667

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors 4,140 -
Other debtors 574 181
4,714 181

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade creditors 22,381 25,567
Taxation and social security 5,697 6,001
Other creditors 16,815 18,171
44,893 49,739

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.23 31.5.22
£    £   
Other creditors 12,957 18,940