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REGISTERED NUMBER: SC580493 (Scotland)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Bobmac Golf Limited

Bobmac Golf Limited (Registered number: SC580493)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bobmac Golf Limited

Company Information
for the Year Ended 30 November 2023







DIRECTOR: R MacIntyre





REGISTERED OFFICE: Innisfree
Glencruitten Road
Oban
Argyll
PA34 4QB





REGISTERED NUMBER: SC580493 (Scotland)





ACCOUNTANTS: Mackay & Co CA
120 George Street
Oban
Argyll
PA34 5NT

Bobmac Golf Limited (Registered number: SC580493)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 142,150 142,150
Tangible assets 5 108,720 127,788
250,870 269,938

CURRENT ASSETS
Debtors 6 335,667 140,332
Investments 7 461,539 -
Cash at bank 2,530,953 2,118,940
3,328,159 2,259,272
CREDITORS
Amounts falling due within one year 8 515,861 340,935
NET CURRENT ASSETS 2,812,298 1,918,337
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,063,168

2,188,275

PROVISIONS FOR LIABILITIES 27,181 24,280
NET ASSETS 3,035,987 2,163,995

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 9 3,035,986 2,163,994
SHAREHOLDERS' FUNDS 3,035,987 2,163,995

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Bobmac Golf Limited (Registered number: SC580493)

Balance Sheet - continued
30 November 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 director and authorised for issue on 10 April 2024 and were signed by:





R MacIntyre - Director


Bobmac Golf Limited (Registered number: SC580493)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

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

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 - 20% on reducing balance and 10% on cost

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.

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.

Bobmac Golf Limited (Registered number: SC580493)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 December 2022
and 30 November 2023 142,150
NET BOOK VALUE
At 30 November 2023 142,150
At 30 November 2022 142,150

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022
and 30 November 2023 168,892
DEPRECIATION
At 1 December 2022 41,104
Charge for year 19,068
At 30 November 2023 60,172
NET BOOK VALUE
At 30 November 2023 108,720
At 30 November 2022 127,788

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 185,244 -
Amounts owed by group undertakings 10,422 -
Other debtors 140,001 140,332
335,667 140,332

Bobmac Golf Limited (Registered number: SC580493)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

7. CURRENT ASSET INVESTMENTS
30.11.23 30.11.22
£    £   
Listed investments 461,539 -

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors - 6,683
Tax 252,144 149,924
VAT 29,600 8,011
Other creditors 64,790 5,634
Directors' current accounts 92,682 103,380
Accrued expenses 76,645 67,303
515,861 340,935

9. RESERVES
Retained
earnings
£   

At 1 December 2022 2,163,994
Profit for the year 951,992
Dividends (80,000 )
At 30 November 2023 3,035,986

10. RELATED PARTY DISCLOSURES

There is a balance outstanding at the year end of £10,422.00 owed from Ganavan Limited, a company wholly owned by the the Director Robert MacIntyre.