REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 OCTOBER 2023 |
FOR |
INTERNATIONAL GOLF FOR YOUTH LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 OCTOBER 2023 |
FOR |
INTERNATIONAL GOLF FOR YOUTH LIMITED |
INTERNATIONAL GOLF FOR YOUTH LIMITED (REGISTERED NUMBER: 04085490) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Year Ended 31 October 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
INTERNATIONAL GOLF FOR YOUTH LIMITED |
COMPANY INFORMATION |
for the Year Ended 31 October 2023 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
2 High St |
Chobham |
Woking |
Surrey |
GU24 8AA |
INTERNATIONAL GOLF FOR YOUTH LIMITED (REGISTERED NUMBER: 04085490) |
BALANCE SHEET |
31 October 2023 |
31.10.23 | 31.10.22 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
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. |
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
INTERNATIONAL GOLF FOR YOUTH LIMITED (REGISTERED NUMBER: 04085490) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Year Ended 31 October 2023 |
1. | STATUTORY INFORMATION |
International Golf For Youth Limited is a |
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. As explained in note 7 to the financial statements the company ceased trading on the 30th June 2023 and the financial statements have been prepared on a basis other than that of the going concern basis. |
Turnover |
Turnover represents funds received, principally donations from golfing events, organised for the benefit of the Company's parent charity. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2022 - NIL). |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.10.23 | 31.10.22 |
£ | £ |
Trade debtors |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.10.23 | 31.10.22 |
£ | £ |
Trade creditors |
Amounts owed to group undertakings |
Other creditors |
6. | RELATED PARTY DISCLOSURES |
At the year end the company owed £2,063.31 (2022 - £58,466.73) to its parent company, The International Golf Charity. This is a registered charity, a company limited by guarantee. The director at the year end, Mr Nicholas J Pyle , is also a trustee of The International Golf Charity. |
7. | POST BALANCE SHEET EVENTS |
The company ceased trading on the 30th June 2023 when all activity was transferred to the International Golf Charity. The last remaining funds will be transferred to the charity in the near future and an application made to have the company struck off. |
8. | ULTIMATE CONTROLLING PARTY |
The company regards the registered charity, The International Golf Charity, a company limited by guarantee and incorporated in England and Wales, as its ultimate controlling party. |