Company Registration No. 08093111 (England and Wales)
RL Golf Construction Limited
Unaudited accounts
for the year ended 30 April 2024
RL Golf Construction Limited
Unaudited accounts
Contents
RL Golf Construction Limited
Company Information
for the year ended 30 April 2024
Company Number
08093111 (England and Wales)
Registered Office
Sequoia
Ings Lane
Dunswell
East Yorkshire
HU6 0AL
United Kingdom
Accountants
Kendall Accountancy Services Limited
2 Exeter Street
New Village Road
Cottingham
East Yorkshire
HU16 4LU
RL Golf Construction Limited
Statement of financial position
as at 30 April 2024
Tangible assets
22,330
21,514
Cash at bank and in hand
19,380
88,413
Creditors: amounts falling due within one year
(73,500)
(136,928)
Net current assets
23,777
27,703
Total assets less current liabilities
49,674
54,217
Creditors: amounts falling due after more than one year
(24,985)
(31,640)
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
20,346
21,942
Shareholders' funds
20,446
22,042
For the year ending 30 April 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 13 November 2024 and were signed on its behalf by
Mr A W Rhodes
Director
Company Registration No. 08093111
RL Golf Construction Limited
Notes to the Accounts
for the year ended 30 April 2024
RL Golf Construction Limited is a private company, limited by shares, registered in England and Wales, registration number 08093111. The registered office is Sequoia, Ings Lane, Dunswell, East Yorkshire, HU6 0AL, United Kingdom.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on Cost
Motor vehicles
20 % on Written Down Value
Fixtures & fittings
20% on Cost
Computer equipment
20% on Cost
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 is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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.
RL Golf Construction Limited
Notes to the Accounts
for the year ended 30 April 2024
Investments in shares are included at fair value.
These accounts have been prepared on the going concern basis, on the understanding that the directors will continue to financially support the company during this uncertain period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 May 2023
200
22,800
648
5,793
29,441
Additions
-
6,526
-
-
6,526
At 30 April 2024
200
29,326
648
5,793
35,967
At 1 May 2023
200
3,040
479
4,208
7,927
Charge for the year
-
4,939
53
718
5,710
At 30 April 2024
200
7,979
532
4,926
13,637
At 30 April 2024
-
21,347
116
867
22,330
At 30 April 2023
-
19,760
169
1,585
21,514
RL Golf Construction Limited
Notes to the Accounts
for the year ended 30 April 2024
6
Investments
Subsidiary undertakings
Valuation at 1 May 2023
5,000
Valuation at 30 April 2024
-
Amounts falling due within one year
Amounts due from group undertakings etc.
-
25,817
8
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
6,000
6,000
Obligations under finance leases and hire purchase contracts
4,966
1,799
Trade creditors
8,361
101,532
Taxes and social security
7,341
1,677
Loans from directors
25,724
678
9
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
17,485
18,140
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
11
Transactions with related parties
As at 30/04/2023 RL Golf Construction Limited is owed £25,817 by Sportsability Training Ltd
The company is controlled by Mr A W Rhodes
RL Golf Construction Limited
Notes to the Accounts
for the year ended 30 April 2024
13
Average number of employees
During the year the average number of employees was 2 (2023: 8).