2023-04-01 14652354 2024-03-31 14652354 2023-04-01 2024-03-31 14652354 uk-core:WithinOneYear 2024-03-31 14652354 uk-core:ShareCapital 2024-03-31 14652354 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 14652354 uk-bus:Director1 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure 14652354 uk-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 14652354 uk-bus:FRS102 2023-04-01 2024-03-31 14652354 uk-bus:FilletedAccounts 2023-04-01 2024-03-31 14652354 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31
Iain Seath Golf Ltd
Registered Number:14652354
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2024
Iain Seath Golf Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
14652354
As at 31 March 2024
Iain Seath Golf Ltd
Statement of Financial Position
£
2024
Notes
Fixed assets
Property, plant and equipment
1,590
2
1,590
Current assets
Inventories
36,300
3
Cash and cash equivalents
38,767
75,067
Trade and other payables: amounts falling due within one
year
(76,649)
4
(1,582)
Net current liabilities
Total assets less current liabilities
8
8
Net assets/liabilities
Capital and reserves
Called up share capital
2
Retained earnings
6
8
Shareholders' funds
For the year ended 31 March 2024 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 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 proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Iain Seath Director
These financial statements were approved and authorised for issue by the Board on 06 November 2024 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 March 2024
Iain Seath Golf Ltd
Notes to the Financial Statements
Statutory Information
Iain Seath Golf Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 14652354.
Registered address:
27 Heathend Road
Alsager
Stoke-On-Trent
Staffordshire
ST7 2SQ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Property, plant and equipment
Plant and
Machinery
£
Cost or
valuation
2,115
Additions
At 31 March 2024
2,115
Provision for depreciation and impairment
Charge for year
525
At 31 March 2024
525
At 31 March 2024
Net book value
1,590
3. Inventories
2024
£
Stocks
36,300
2 of 3
5
For the year ended 31 March 2024
Iain Seath Golf Ltd
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2024
£
Trade creditors
27,772
Taxation and social security
5,349
Other creditors
43,528
76,649
5. Average number of persons employed
During the year the average number of employees was 2
3 of 3