FOUR ASHES GOLF CENTRE (MIDLANDS) LIMITED

Company Registration Number:
07405546 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

FOUR ASHES GOLF CENTRE (MIDLANDS) LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2023

Balance sheet
Notes

FOUR ASHES GOLF CENTRE (MIDLANDS) LIMITED

Balance sheet

As at 30 November 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 103,250 118,000
Tangible assets: 4 10,163 19,066
Total fixed assets: 113,413 137,066
Current assets
Debtors:   26,359 22,588
Cash at bank and in hand: 16,828 19,248
Total current assets: 43,187 41,836
Creditors: amounts falling due within one year:   (30,426) (22,036)
Net current assets (liabilities): 12,761 19,800
Total assets less current liabilities: 126,174 156,866
Creditors: amounts falling due after more than one year:     (24,500)
Total net assets (liabilities): 126,174 132,366
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 126,074 132,266
Shareholders funds: 126,174 132,366

The notes form part of these financial statements

FOUR ASHES GOLF CENTRE (MIDLANDS) LIMITED

Balance sheet statements

For the year ending 30 November 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 August 2024
and signed on behalf of the board by:

Name: F J MOTTRAM
Status: Director

The notes form part of these financial statements

FOUR ASHES GOLF CENTRE (MIDLANDS) LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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 and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Improvements to property at varying rates on cost Plant and machinery at 20% on cost Fixtures and fittings at 20% on cost

Intangible fixed assets and amortisation policy

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Other accounting policies

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.

FOUR ASHES GOLF CENTRE (MIDLANDS) LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

2. Employees

2023 2022
Average number of employees during the period 0 0

FOUR ASHES GOLF CENTRE (MIDLANDS) LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Intangible Assets

Total
Cost £
At 01 December 2022 295,000
At 30 November 2023 295,000
Amortisation
At 01 December 2022 177,000
Charge for year 14,750
At 30 November 2023 191,750
Net book value
At 30 November 2023 103,250
At 30 November 2022 118,000

FOUR ASHES GOLF CENTRE (MIDLANDS) LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Tangible Assets

Total
Cost £
At 01 December 2022 387,877
At 30 November 2023 387,877
Depreciation
At 01 December 2022 368,811
Charge for year 8,903
At 30 November 2023 377,714
Net book value
At 30 November 2023 10,163
At 30 November 2022 19,066