Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 12243769 Mr Kristian Baker Mr Thomas Reid Mr Dominique Lesourd Mr Mark Catton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12243769 2022-12-31 12243769 2023-12-31 12243769 2023-01-01 2023-12-31 12243769 frs-core:CurrentFinancialInstruments 2023-12-31 12243769 frs-core:Non-currentFinancialInstruments 2023-12-31 12243769 frs-core:ComputerEquipment 2023-12-31 12243769 frs-core:ComputerEquipment 2023-01-01 2023-12-31 12243769 frs-core:ComputerEquipment 2022-12-31 12243769 frs-core:FurnitureFittings 2023-12-31 12243769 frs-core:FurnitureFittings 2023-01-01 2023-12-31 12243769 frs-core:FurnitureFittings 2022-12-31 12243769 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 12243769 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-01-01 2023-12-31 12243769 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-12-31 12243769 frs-core:PlantMachinery 2023-12-31 12243769 frs-core:PlantMachinery 2023-01-01 2023-12-31 12243769 frs-core:PlantMachinery 2022-12-31 12243769 frs-core:ShareCapital 2023-12-31 12243769 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 12243769 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12243769 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 12243769 frs-bus:SmallEntities 2023-01-01 2023-12-31 12243769 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 12243769 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 12243769 frs-bus:Director1 2023-01-01 2023-12-31 12243769 frs-bus:Director2 2023-01-01 2023-12-31 12243769 frs-bus:Director3 2023-01-01 2023-12-31 12243769 frs-bus:Director4 2023-01-01 2023-12-31 12243769 frs-countries:EnglandWales 2023-01-01 2023-12-31 12243769 2021-12-31 12243769 2022-12-31 12243769 2022-01-01 2022-12-31 12243769 frs-core:CurrentFinancialInstruments 2022-12-31 12243769 frs-core:Non-currentFinancialInstruments 2022-12-31 12243769 frs-core:ShareCapital 2022-12-31 12243769 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 12243769
Ultimate Golf Course Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12243769
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 738,937 753,532
738,937 753,532
CURRENT ASSETS
Stocks 5 - 5,987
Debtors 6 33,010 17,714
Cash at bank and in hand 12,501 6,505
45,511 30,206
Creditors: Amounts Falling Due Within One Year 7 (101,734 ) (181,499 )
NET CURRENT ASSETS (LIABILITIES) (56,223 ) (151,293 )
TOTAL ASSETS LESS CURRENT LIABILITIES 682,714 602,239
Creditors: Amounts Falling Due After More Than One Year 8 (578,000 ) (523,000 )
NET ASSETS 104,714 79,239
CAPITAL AND RESERVES
Called up share capital 9 300,040 300,040
Profit and Loss Account (195,326 ) (220,801 )
SHAREHOLDERS' FUNDS 104,714 79,239
Page 1
Page 2
For the year ending 31 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Dominique Lesourd
Director
Mr Mark Catton
Director
15/07/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Ultimate Golf Course Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12243769 . The registered office is Chancery Station House, 31-33 High Holborn, London, WC1V 6AX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 25% Straight Line Method (4 years)
Plant & Machinery 25% Straight Line Method (4 years)
Fixtures & Fittings 25% Straight Line Method (4 years)
Computer Equipment 25% Straight Line Method (4 years)
2.4. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 11 (2022: 13)
11 13
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2023 675,116 191,795 125,541 4,352 996,804
Additions 89,565 - - - 89,565
As at 31 December 2023 764,681 191,795 125,541 4,352 1,086,369
Depreciation
As at 1 January 2023 52,418 128,927 59,297 2,630 243,272
Provided during the period 23,738 47,949 31,385 1,088 104,160
As at 31 December 2023 76,156 176,876 90,682 3,718 347,432
...CONTINUED
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Net Book Value
As at 31 December 2023 688,525 14,919 34,859 634 738,937
As at 1 January 2023 622,698 62,868 66,244 1,722 753,532
5. Stocks
2023 2022
£ £
Stock - 5,987
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 8,495 6,688
Prepayments and accrued income 11,026 11,026
Other debtors 13,489 -
33,010 17,714
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 24,481 31,994
Other taxes and social security 13,200 14,185
VAT 12,225 11,461
Other creditors 51,828 123,859
101,734 181,499
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Other loans 578,000 523,000
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 300,040 300,040
Page 4