1 December 2022 false No description of principal activity Taxfiler 2024.5 10959186business:PrivateLimitedCompanyLtd2022-12-012023-12-30 109591862022-11-30 109591862022-12-012023-12-30 10959186business:AuditExemptWithAccountantsReport2022-12-012023-12-30 10959186business:FilletedAccounts2022-12-012023-12-30 109591862023-12-30 10959186business:Director12022-12-012023-12-30 10959186business:Director22022-12-012023-12-30 10959186business:Director32022-12-012023-12-30 10959186business:RegisteredOffice2022-12-012023-12-30 109591862022-11-30 10959186core:WithinOneYear2023-12-30 10959186core:WithinOneYear2022-11-30 10959186core:ShareCapitalcore:PreviouslyStatedAmount2023-12-30 10959186core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 10959186core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-30 10959186core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 10959186core:PreviouslyStatedAmount2023-12-30 10959186core:PreviouslyStatedAmount2022-11-30 10959186business:SmallEntities2022-12-012023-12-30 10959186countries:EnglandWales2022-12-012023-12-30 10959186core:FurnitureFittings2022-12-012023-12-30 10959186core:ComputerEquipment2022-11-30 10959186core:ComputerEquipment2023-12-30 10959186core:ComputerEquipment2022-12-012023-12-30 109591862021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. 10959186 (England and Wales)
SMITHWORKS GOLF LIMITED Unaudited accounts for the period from 1 December 2022 to 30 December 2023
SMITHWORKS GOLF LIMITED Unaudited accounts Contents
Page
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SMITHWORKS GOLF LIMITED Company Information for the period from 1 December 2022 to 30 December 2023
Directors
S Smith L A Matera R B Smith
Company Number
10959186 (England and Wales)
Registered Office
5 SHEPHERDS COTE DRIVE STANNINGTON MORPETH NE61 6FN UNITED KINGDOM
Accountants
G W Accountants Ltd 1 Jesmond Business Court 217 Jesmond Road Newcastle upon Tyne NE2 1LA
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SMITHWORKS GOLF LIMITED Statement of financial position as at 30 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
372 
1,306 
Current assets
Inventories
43,811 
69,611 
Debtors
- 
7,049 
Cash at bank and in hand
617,248 
302,733 
661,059 
379,393 
Creditors: amounts falling due within one year
(172,298)
(50,807)
Net current assets
488,761 
328,586 
Net assets
489,133 
329,892 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
489,033 
329,792 
Shareholders' funds
489,133 
329,892 
For the period ending 30 December 2023 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 July 2024 and were signed on its behalf by
S Smith Director Company Registration No. 10959186
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SMITHWORKS GOLF LIMITED Notes to the Accounts for the period from 1 December 2022 to 30 December 2023
1
Statutory information
SMITHWORKS GOLF LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10959186. The registered office is 5 SHEPHERDS COTE DRIVE, STANNINGTON, MORPETH, NE61 6FN, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
3 years straight line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 December 2022
3,822 
At 30 December 2023
3,822 
Depreciation
At 1 December 2022
2,516 
Charge for the period
934 
At 30 December 2023
3,450 
Net book value
At 30 December 2023
372 
At 30 November 2022
1,306 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
7,049 
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SMITHWORKS GOLF LIMITED Notes to the Accounts for the period from 1 December 2022 to 30 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
17,824 
- 
Trade creditors
11,120 
- 
Amounts owed to group undertakings and other participating interests
30,398 
- 
Taxes and social security
80,150 
21,503 
Other creditors
23,935 
16,374 
Loans from directors
5,506 
9,565 
Accruals
3,365 
3,365 
172,298 
50,807 
7
Average number of employees
During the period the average number of employees was 3 (2022: 3).
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