IRIS Accounts Production v24.2.0.383 SC653258 director 1.3.23 29.2.24 29.2.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC6532582023-02-28SC6532582024-02-29SC6532582023-03-012024-02-29SC6532582022-02-28SC6532582022-03-012023-02-28SC6532582023-02-28SC653258ns15:Scotland2023-03-012024-02-29SC653258ns14:PoundSterling2023-03-012024-02-29SC653258ns10:Director12023-03-012024-02-29SC653258ns10:PrivateLimitedCompanyLtd2023-03-012024-02-29SC653258ns10:SmallEntities2023-03-012024-02-29SC653258ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-29SC653258ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-29SC653258ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-29SC653258ns10:FullAccounts2023-03-012024-02-29SC653258ns10:OrdinaryShareClass12023-03-012024-02-29SC653258ns10:RegisteredOffice2023-03-012024-02-29SC653258ns5:CurrentFinancialInstruments2024-02-29SC653258ns5:CurrentFinancialInstruments2023-02-28SC653258ns5:ShareCapital2024-02-29SC653258ns5:ShareCapital2023-02-28SC653258ns5:RetainedEarningsAccumulatedLosses2024-02-29SC653258ns5:RetainedEarningsAccumulatedLosses2023-02-28SC653258ns5:PlantMachinery2023-03-012024-02-29SC653258ns5:PlantMachinery2023-02-28SC653258ns5:PlantMachinery2024-02-29SC653258ns5:PlantMachinery2023-02-28SC653258ns5:WithinOneYearns5:CurrentFinancialInstruments2024-02-29SC653258ns5:WithinOneYearns5:CurrentFinancialInstruments2023-02-28SC653258ns10:OrdinaryShareClass12024-02-29
REGISTERED NUMBER: SC653258 (Scotland)














Unaudited Financial Statements

for the Year Ended 29 February 2024

for

Eureka Golf Swing Ltd

Eureka Golf Swing Ltd (Registered number: SC653258)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Eureka Golf Swing Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTOR: S N Johnston





REGISTERED OFFICE: 2 Ballantyne Place
Peebles
Peeblesshire
EH45 8GA





REGISTERED NUMBER: SC653258 (Scotland)





ACCOUNTANTS: DAS Accountant
Cornerstone House
Station Road
Selkirk
Scottish Borders
TD7 5DJ

Eureka Golf Swing Ltd (Registered number: SC653258)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,887 1,822

CURRENT ASSETS
Debtors 5 70,787 82,788
Cash at bank 56,621 43,681
127,408 126,469
CREDITORS
Amounts falling due within one year 6 22,262 30,416
NET CURRENT ASSETS 105,146 96,053
TOTAL ASSETS LESS CURRENT
LIABILITIES

107,033

97,875

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 106,933 97,775
SHAREHOLDERS' FUNDS 107,033 97,875

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

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 6 November 2024 and were signed by:





S N Johnston - Director


Eureka Golf Swing Ltd (Registered number: SC653258)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Eureka Golf Swing Ltd 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.

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 - 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.

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 (2023 - 1 ) .

Eureka Golf Swing Ltd (Registered number: SC653258)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 March 2023 3,171
Additions 694
At 29 February 2024 3,865
DEPRECIATION
At 1 March 2023 1,349
Charge for year 629
At 29 February 2024 1,978
NET BOOK VALUE
At 29 February 2024 1,887
At 28 February 2023 1,822

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Other debtors 68,662 82,788
Prepayments 2,125 -
70,787 82,788

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Tax 8,002 18,238
Other creditors 2,564 2
Directors' current accounts 11,200 12,176
Accrued expenses 496 -
22,262 30,416

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
100 Ordinary £1 100 100

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end the company was due the director £11,199. There are no specific repayment terms and no interest has been charged.