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REGISTERED NUMBER: 11248284 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

RICK VALENTINE GOLF SCHOOLS LTD

RICK VALENTINE GOLF SCHOOLS LTD (REGISTERED NUMBER: 11248284)

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


RICK VALENTINE GOLF SCHOOLS LTD

COMPANY INFORMATION
for the Year Ended 31 March 2024







DIRECTOR: R I Valentine





REGISTERED OFFICE: Bank Gallery
13 High Street
Kenilworth
Warwickshire
CV8 1LY





REGISTERED NUMBER: 11248284 (England and Wales)





ACCOUNTANTS: Bernard Rogers & Co
Bank Gallery
High Street
Kenilworth
Warwickshire
CV8 1LY

RICK VALENTINE GOLF SCHOOLS LTD (REGISTERED NUMBER: 11248284)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 26,264 23,548

CURRENT ASSETS
Debtors 5 14,146 13,956
Cash at bank 16,925 61,647
31,071 75,603
CREDITORS
Amounts falling due within one year 6 38,992 66,000
NET CURRENT (LIABILITIES)/ASSETS (7,921 ) 9,603
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,343

33,151

CREDITORS
Amounts falling due after more than one
year

7

8,867

14,467
NET ASSETS 9,476 18,684

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 9,475 18,683
SHAREHOLDERS' FUNDS 9,476 18,684

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 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.

RICK VALENTINE GOLF SCHOOLS LTD (REGISTERED NUMBER: 11248284)

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





R I Valentine - Director


RICK VALENTINE GOLF SCHOOLS LTD (REGISTERED NUMBER: 11248284)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024


1. STATUTORY INFORMATION

Rick Valentine Golf Schools Ltd 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.

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.

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 1 (2023 - 1 ) .

RICK VALENTINE GOLF SCHOOLS LTD (REGISTERED NUMBER: 11248284)

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 34,648
Additions 13,500
At 31 March 2024 48,148
DEPRECIATION
At 1 April 2023 11,100
Charge for year 10,784
At 31 March 2024 21,884
NET BOOK VALUE
At 31 March 2024 26,264
At 31 March 2023 23,548

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,450 -
Other debtors 11,696 13,956
14,146 13,956

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,600 5,600
Trade creditors - 7,973
Taxation and social security 6,004 9,374
Other creditors 27,388 43,053
38,992 66,000

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 8,867 14,467

RICK VALENTINE GOLF SCHOOLS LTD (REGISTERED NUMBER: 11248284)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024


8. RELATED PARTY DISCLOSURES

Other creditors include loans made to the company by the directors totalling £789 (£693 as at 31st March 2023). These loans are interest free with no fixed date for repayment.

The company has made loans totalling £2,338 (£138 as at 31st March 2023) to Valentine Coaching Solutions Limited and RV Sports & Education Limited. Other companies under the control of the director. These loans are also interest free with no fixed date for repayment.

9. ULTIMATE CONTROLLING PARTY

The controlling party is R I Valentine.