ITGOLF LIMITED

Company Registration Number:
04276017 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

ITGOLF LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

ITGOLF LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 4,590,700 4,514,814
Total fixed assets: 4,590,700 4,514,814
Current assets
Debtors: 4 67,665 37,602
Cash at bank and in hand: 11,806 13,308
Total current assets: 79,471 50,910
Creditors: amounts falling due within one year:   (113,501) (183,508)
Net current assets (liabilities): (34,030) (132,598)
Total assets less current liabilities: 4,556,670 4,382,216
Creditors: amounts falling due after more than one year:   (1,068,221) (1,154,669)
Total net assets (liabilities): 3,488,449 3,227,547
Capital and reserves
Called up share capital: 206,000 206,000
Share premium account: 264,985 264,985
Revaluation reserve:52,181,5742,181,574
Profit and loss account: 835,890 574,988
Shareholders funds: 3,488,449 3,227,547

The notes form part of these financial statements

ITGOLF LIMITED

Balance sheet statements

For the year ending 31 December 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: Ivan Norman
Status: Director

The notes form part of these financial statements

ITGOLF LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 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

ITGOLF LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 2 2

ITGOLF LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 4,788,890
Additions 94,000
At 31 December 2023 4,882,890
Depreciation
At 01 January 2023 274,076
Charge for year 18,114
At 31 December 2023 292,190
Net book value
At 31 December 2023 4,590,700
At 31 December 2022 4,514,814

ITGOLF LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 0 0

ITGOLF LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Revaluation reserve

2023
£
Balance at 01 January 2023 2,181,574
Surplus or deficit after revaluation 0
Balance at 31 December 2023 2,181,574