Company Registration No. 12204343 (England and Wales)
Highfields Golf Ltd
Unaudited accounts
for the year ended 30 September 2024
Highfields Golf Ltd
Unaudited accounts
Contents
Highfields Golf Ltd
Company Information
for the year ended 30 September 2024
Company Number
12204343 (England and Wales)
Registered Office
2 EXETER STREET, NEW VILLAGE ROAD
COTTINGHAM
HULL
EAST YORKSHIRE
HU16 4LU
Accountants
Kendall Accountancy Services Limited
2 Exeter Street
New Village Road
Cottingham
East Yorkshire
HU16 4LU
Highfields Golf Ltd
Statement of financial position
as at 30 September 2024
Tangible assets
111,914
121,122
Cash at bank and in hand
11,451
12,304
Creditors: amounts falling due within one year
(20,384)
(34,863)
Net current liabilities
(7,729)
(22,559)
Total assets less current liabilities
104,185
98,563
Provisions for liabilities
Deferred tax
(19,343)
(19,294)
Called up share capital
1
1
Profit and loss account
84,841
79,268
Shareholders' funds
84,842
79,269
For the year ending 30 September 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 October 2024 and were signed on its behalf by
Mr M Rozenbroek
Director
Company Registration No. 12204343
Highfields Golf Ltd
Notes to the Accounts
for the year ended 30 September 2024
Highfields Golf Ltd is a private company, limited by shares, registered in England and Wales, registration number 12204343. The registered office is 2 EXETER STREET, NEW VILLAGE ROAD, COTTINGHAM, HULL, EAST YORKSHIRE, HU16 4LU.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Cost
Fixtures & fittings
25% Cost
Computer equipment
25% Cost
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Highfields Golf Ltd
Notes to the Accounts
for the year ended 30 September 2024
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2023
165
202,061
280
202,506
At 30 September 2024
165
202,870
608
203,643
At 1 October 2023
131
81,125
128
81,384
Charge for the year
33
10,108
204
10,345
At 30 September 2024
164
91,233
332
91,729
At 30 September 2024
1
111,637
276
111,914
At 30 September 2023
34
120,936
152
121,122
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
2,187
-
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 6 (2023: 6).