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REGISTERED NUMBER: 04556850 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

ACR GOLF LIMITED

ACR GOLF LIMITED (REGISTERED NUMBER: 04556850)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ACR GOLF LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTORS: Mrs A C Rogerson
R F Rogerson





REGISTERED OFFICE: Victoria House
Bondgate Within
Alnwick
Northumberland
NE66 1TA





REGISTERED NUMBER: 04556850 (England and Wales)





ACCOUNTANTS: Greaves Grindle
Chartered Accountants
Victoria House
Bondgate Within
Alnwick
Northumberland
NE66 1TA

ACR GOLF LIMITED (REGISTERED NUMBER: 04556850)

BALANCE SHEET
31 OCTOBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 154,783 168,649

CURRENT ASSETS
Stocks 3,500 2,700
Debtors 5 4,921 163,015
Cash at bank 129,819 72,576
138,240 238,291
CREDITORS
Amounts falling due within one year 6 139,562 202,627
NET CURRENT (LIABILITIES)/ASSETS (1,322 ) 35,664
TOTAL ASSETS LESS CURRENT
LIABILITIES

153,461

204,313

CREDITORS
Amounts falling due after more than one
year

7

(8,463

)

(24,365

)

PROVISIONS FOR LIABILITIES (21,667 ) (18,146 )
NET ASSETS 123,331 161,802

CAPITAL AND RESERVES
Called up share capital 5 5
Retained earnings 123,326 161,797
SHAREHOLDERS' FUNDS 123,331 161,802

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

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

ACR GOLF LIMITED (REGISTERED NUMBER: 04556850)

BALANCE SHEET - continued
31 OCTOBER 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 29 July 2024 and were signed on its behalf by:





R F Rogerson - Director


ACR GOLF LIMITED (REGISTERED NUMBER: 04556850)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023


1. STATUTORY INFORMATION

ACR 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. 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 represents net sales of goods and services , excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 2% on cost
Plant and machinery - 15% on reducing balance
Furniture, fixtures and fittings - 15% on reducing balance
Motor vehicles - 20% on reducing balance

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

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 8 ) .

ACR GOLF LIMITED (REGISTERED NUMBER: 04556850)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023


4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 November 2022 17,074 35,299 259,443
Additions - - 11,239
Disposals - - (7,500 )
Reclassification/transfer (17,074 ) 17,074 -
At 31 October 2023 - 52,373 263,182
DEPRECIATION
At 1 November 2022 - 6,883 147,617
Charge for year - 4,797 17,927
Eliminated on disposal - - (4,171 )
At 31 October 2023 - 11,680 161,373
NET BOOK VALUE
At 31 October 2023 - 40,693 101,809
At 31 October 2022 17,074 28,416 111,826

Furniture,
fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 November 2022 30,285 116 6,701 348,918
Additions 3,182 - - 14,421
Disposals - - - (7,500 )
Reclassification/transfer - - - -
At 31 October 2023 33,467 116 6,701 355,839
DEPRECIATION
At 1 November 2022 19,391 86 6,292 180,269
Charge for year 2,025 5 204 24,958
Eliminated on disposal - - - (4,171 )
At 31 October 2023 21,416 91 6,496 201,056
NET BOOK VALUE
At 31 October 2023 12,051 25 205 154,783
At 31 October 2022 10,894 30 409 168,649

ACR GOLF LIMITED (REGISTERED NUMBER: 04556850)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 4,921 5,628
Other debtors - 157,387
4,921 163,015

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 15,867 17,503
Trade creditors 17,052 16,102
Taxation and social security 29,958 21,062
Other creditors 76,685 147,960
139,562 202,627

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 8,463 24,365