Global Golf Travel Limited |
Registered number: |
10028028 |
Balance Sheet |
as at 30 June 2023 |
|
Notes |
|
|
2023 |
|
|
2022 |
£ |
£ |
Current assets |
Debtors |
4 |
|
2 |
|
|
2 |
Cash at bank and in hand |
|
|
26 |
|
|
40 |
|
|
|
28 |
|
|
42 |
|
Creditors: amounts falling due within one year |
5 |
|
(28,960) |
|
|
(28,886) |
|
Net current liabilities |
|
|
|
(28,932) |
|
|
(28,844) |
|
Net liabilities |
|
|
|
(28,932) |
|
|
(28,844) |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
2 |
|
|
2 |
Profit and loss account |
|
|
|
(28,934) |
|
|
(28,846) |
|
Shareholders' funds |
|
|
|
(28,932) |
|
|
(28,844) |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
M. Denton |
Director |
Approved by the board on 7 February 2024 |
|
Global Golf Travel Limited |
Notes to the Accounts |
for the year ended 30 June 2023 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Intangible fixed assets |
|
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). |
|
|
2 |
Employees |
2023 |
|
2022 |
Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
3 |
Intangible fixed assets |
£ |
|
Software: |
|
|
Cost |
|
At 1 July 2022 |
25,645 |
|
At 30 June 2023 |
25,645 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 July 2022 |
25,645 |
|
At 30 June 2023 |
25,645 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2023 |
- |
|
|
|
|
|
|
|
|
|
|
Software was written off in equal annual instalments over its estimated economic life of 5 years. |
|
|
4 |
Debtors |
2023 |
|
2022 |
£ |
£ |
|
|
Other debtors |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due within one year |
2023 |
|
2022 |
£ |
£ |
|
|
Other creditors |
28,960 |
|
28,886 |
|
|
|
|
|
|
|
|
|
|
6 |
Related party transactions |
|
|
A company that shares the same majority shareholders has provided £28,912 [2022: £28837] in funding to the company. This loan is interest free and repayable on demand. |
|
|
7 |
Going concern |
|
|
The company has received and will continue to receive the financial support of the directors and a company that shares the same majority shareholders and therefore the accounts have been prepared on a going concern basis. |
|
|
8 |
Controlling party |
|
|
The company is controlled by the directors. |
|
|
9 |
Other information |
|
|
Global Golf Travel Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Clearways Accountants |
|
Clearways |
|
Colley Way |
|
Reigate |
|
RH2 9JH |