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REGISTERED NUMBER: 09511517 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

FOOT GOLF WISE LIMITED

FOOT GOLF WISE LIMITED (REGISTERED NUMBER: 09511517)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FOOT GOLF WISE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: D I Bugg
A Bugg
V Akers





REGISTERED OFFICE: C/O CBHC Ltd, Steeple House
Suite 3, First Floor
Church Lane
Chelmsford
Essex
CM1 1NH





REGISTERED NUMBER: 09511517 (England and Wales)





ACCOUNTANTS: CBHC Limited
Suite 3, Steeple House
Church Lane
Chelmsford
Essex
CM1 1NH

FOOT GOLF WISE LIMITED (REGISTERED NUMBER: 09511517)

BALANCE SHEET
31 MARCH 2024

31/3/24 31/3/23
Notes £    £   
CURRENT ASSETS
Debtors 5 89,798 96,634
Cash at bank 301 790
90,099 97,424
CREDITORS
Amounts falling due within one year 6 35,272 35,307
NET CURRENT ASSETS 54,827 62,117
TOTAL ASSETS LESS CURRENT
LIABILITIES

54,827

62,117

CREDITORS
Amounts falling due after more than one year 7 1,834 3,591
NET ASSETS 52,993 58,526

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 52,793 58,326
SHAREHOLDERS' FUNDS 52,993 58,526

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

FOOT GOLF WISE LIMITED (REGISTERED NUMBER: 09511517)

BALANCE SHEET - continued
31 MARCH 2024


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 Board of Directors and authorised for issue on 2 October 2024 and were signed on its behalf by:





D I Bugg - Director


FOOT GOLF WISE LIMITED (REGISTERED NUMBER: 09511517)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Foot Golf Wise Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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.
Plant and machinery etc - 25% on 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

FOOT GOLF WISE LIMITED (REGISTERED NUMBER: 09511517)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 8,267
DEPRECIATION
At 1 April 2023
and 31 March 2024 8,267
NET BOOK VALUE
At 31 March 2024 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Other debtors 89,798 96,634

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Bank loans and overdrafts 1,950 1,950
Taxation and social security 27 2,661
Other creditors 33,295 30,696
35,272 35,307

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/3/24 31/3/23
£    £   
Bank loans 1,834 3,591

8. RELATED PARTY DISCLOSURES

Included in debtors is an amount of £82,720, (2023: £81,549) owing from Golfwise Ltd. At the balance sheet date Croydon Golf Limited owed £1,000 (2023: £1,000), The Notleys Golf Club Limited owed £5,916 (2023: £5,744) and Golfplay Limited owed £162 (2023: £2,632). Included in creditors is an amount of £27,300 (2023: £27,300) owing to Hall Lane Golf Limited, Golfwise Properties Limited owed to £3,334 (2023:£3,334) and Palewell Golf & Tennis Limited owed to £2,661 (2023: nil). These are companies in which the director D Bugg has an interest.

9. ULTIMATE CONTROLLING PARTY

The company was controlled by its directors, and ultimately controlled by its shareholders during the year.