IRIS Accounts Production v24.2.0.383 SC531727 director 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC5317272022-12-31SC5317272023-12-31SC5317272023-01-012023-12-31SC5317272021-12-31SC5317272022-01-012022-12-31SC5317272022-12-31SC531727ns15:Scotland2023-01-012023-12-31SC531727ns14:PoundSterling2023-01-012023-12-31SC531727ns10:Director12023-01-012023-12-31SC531727ns10:PrivateLimitedCompanyLtd2023-01-012023-12-31SC531727ns10:SmallEntities2023-01-012023-12-31SC531727ns10:AuditExemptWithAccountantsReport2023-01-012023-12-31SC531727ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-31SC531727ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-31SC531727ns10:FullAccounts2023-01-012023-12-31SC531727ns10:RegisteredOffice2023-01-012023-12-31SC531727ns5:CurrentFinancialInstruments2023-12-31SC531727ns5:CurrentFinancialInstruments2022-12-31SC531727ns5:ShareCapital2023-12-31SC531727ns5:ShareCapital2022-12-31SC531727ns5:RevaluationReserve2023-12-31SC531727ns5:RevaluationReserve2022-12-31SC531727ns5:RetainedEarningsAccumulatedLosses2023-12-31SC531727ns5:RetainedEarningsAccumulatedLosses2022-12-31SC531727ns5:PlantMachinery2023-01-012023-12-31SC531727ns5:PlantMachinery2023-12-31SC531727ns5:CostValuation2022-12-31SC531727ns5:RevaluationsIncreaseDecreaseInInvestments2023-12-31SC531727ns5:CostValuation2023-12-31SC531727ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-31SC531727ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-31
REGISTERED NUMBER: SC531727 (Scotland)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

ID Golf Limited

ID Golf Limited (Registered number: SC531727)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 6

ID Golf Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Mr Ian Peter Dingwall





REGISTERED OFFICE: 2nd Floor
22-24 Blythswood Square
Glasgow
G2 4BG





REGISTERED NUMBER: SC531727 (Scotland)





ACCOUNTANTS: Wallace White Accountants
2nd Floor
22-24 Blythswood Square
Glasgow
G2 4BG

ID Golf Limited (Registered number: SC531727)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,421 -
Investments 5 55,782 50,000
57,203 50,000

CURRENT ASSETS
Debtors 6 125,407 34,572
Cash at bank 140,298 104,387
265,705 138,959
CREDITORS
Amounts falling due within one year 7 68,015 33,206
NET CURRENT ASSETS 197,690 105,753
TOTAL ASSETS LESS CURRENT
LIABILITIES

254,893

155,753

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 8 5,782 -
Retained earnings 249,011 155,653
254,893 155,753

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

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.

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 director and authorised for issue on 25 March 2024 and were signed by:




Mr Ian Peter Dingwall - Director


ID Golf Limited (Registered number: SC531727)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

ID Golf Limited is a private company, limited by shares , registered in Scotland. 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 as modified by the revaluation of certain assets.

Turnover
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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures & fittings - 25% reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

ID Golf Limited (Registered number: SC531727)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 1,895
At 31 December 2023 1,895
DEPRECIATION
Charge for year 474
At 31 December 2023 474
NET BOOK VALUE
At 31 December 2023 1,421

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 January 2023 50,000
Revaluations 5,782
At 31 December 2023 55,782
NET BOOK VALUE
At 31 December 2023 55,782
At 31 December 2022 50,000

Cost or valuation at 31 December 2023 is represented by:

Other
investments
£   
Valuation in 2024 55,782

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 125,407 34,572

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Taxation and social security 29,678 5,868
Other creditors 38,337 27,338
68,015 33,206

ID Golf Limited (Registered number: SC531727)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

8. RESERVES
Revaluation
reserve
£   
Other Investments 5,782

At 31 December 2023 5,782

ID Golf Limited

Report of the Accountants to the Director of
ID Golf Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Wallace White Accountants
2nd Floor
22-24 Blythswood Square
Glasgow
G2 4BG


25 March 2024