IRIS Accounts Production v24.3.0.553 10143533 Board of Directors Board of Directors 1.5.23 30.4.24 30.4.24 false true false false true false Ordinary 1.00000 A Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh101435332023-04-30101435332024-04-30101435332023-05-012024-04-30101435332022-04-30101435332022-05-012023-04-30101435332023-04-3010143533ns15:EnglandWales2023-05-012024-04-3010143533ns14:PoundSterling2023-05-012024-04-3010143533ns10:Director12023-05-012024-04-3010143533ns10:Director22023-05-012024-04-3010143533ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3010143533ns10:SmallEntities2023-05-012024-04-3010143533ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3010143533ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3010143533ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3010143533ns10:FullAccounts2023-05-012024-04-3010143533ns10:OrdinaryShareClass12023-05-012024-04-3010143533ns10:OrdinaryShareClass22023-05-012024-04-3010143533ns10:RegisteredOffice2023-05-012024-04-3010143533ns5:CurrentFinancialInstruments2024-04-3010143533ns5:CurrentFinancialInstruments2023-04-3010143533ns5:Non-currentFinancialInstruments2024-04-3010143533ns5:Non-currentFinancialInstruments2023-04-3010143533ns5:ShareCapital2024-04-3010143533ns5:ShareCapital2023-04-3010143533ns5:RetainedEarningsAccumulatedLosses2024-04-3010143533ns5:RetainedEarningsAccumulatedLosses2023-04-3010143533ns5:PlantMachinery2023-05-012024-04-3010143533ns5:ComputerEquipment2023-05-012024-04-3010143533ns5:PlantMachinery2023-04-3010143533ns5:ComputerEquipment2023-04-3010143533ns5:PlantMachinery2024-04-3010143533ns5:ComputerEquipment2024-04-3010143533ns5:PlantMachinery2023-04-3010143533ns5:ComputerEquipment2023-04-3010143533ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3010143533ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-3010143533ns10:OrdinaryShareClass12024-04-3010143533ns10:OrdinaryShareClass22024-04-3010143533ns5:RetainedEarningsAccumulatedLosses2023-04-3010143533ns5:RetainedEarningsAccumulatedLosses2023-05-012024-04-30
REGISTERED NUMBER: 10143533 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

PT GOLF LIMITED

PT GOLF LIMITED (REGISTERED NUMBER: 10143533)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PT GOLF LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: P Thomas
Mrs R E Thomas





REGISTERED OFFICE: The Professional Shop
Newport Golf Club
Rogerstone
Newport
Gwent
NP10 9FX





REGISTERED NUMBER: 10143533 (England and Wales)





ACCOUNTANTS: DAVID WRIGHT ACCOUNTANTS LIMITED
Unit 10
Bridgend Business Park
Bennett Street
Bridgend
Glamorgan
CF31 3SH

PT GOLF LIMITED (REGISTERED NUMBER: 10143533)

BALANCE SHEET
30 APRIL 2024

30/4/24 30/4/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 14,944 17,691

CURRENT ASSETS
Stocks 52,610 45,488
Debtors 5 32,418 7,989
Cash at bank 19,273 31,536
104,301 85,013
CREDITORS
Amounts falling due within one year 6 75,177 74,797
NET CURRENT ASSETS 29,124 10,216
TOTAL ASSETS LESS CURRENT
LIABILITIES

44,068

27,907

CREDITORS
Amounts falling due after more than one year 7 (20,000 ) (20,000 )

PROVISIONS FOR LIABILITIES (3,451 ) (3,097 )
NET ASSETS 20,617 4,810

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 9 20,615 4,808
SHAREHOLDERS' FUNDS 20,617 4,810

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

PT GOLF LIMITED (REGISTERED NUMBER: 10143533)

BALANCE SHEET - continued
30 APRIL 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 Board of Directors and authorised for issue on 27 November 2024 and were signed on its behalf by:




P Thomas - Director



Mrs R E Thomas - Director


PT GOLF LIMITED (REGISTERED NUMBER: 10143533)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

PT Golf Limited 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.
Plant and machinery - 15% on reducing balance
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

PT GOLF LIMITED (REGISTERED NUMBER: 10143533)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 May 2023
and 30 April 2024 37,511 2,629 40,140
DEPRECIATION
At 1 May 2023 20,023 2,426 22,449
Charge for year 2,623 124 2,747
At 30 April 2024 22,646 2,550 25,196
NET BOOK VALUE
At 30 April 2024 14,865 79 14,944
At 30 April 2023 17,488 203 17,691

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/24 30/4/23
£    £   
Trade debtors 32,223 7,806
Other debtors 195 183
32,418 7,989

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/24 30/4/23
£    £   
Trade creditors 4,941 14,933
Taxation and social security 18,878 3,846
Other creditors 51,358 56,018
75,177 74,797

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/4/24 30/4/23
£    £   
Other creditors 20,000 20,000

PT GOLF LIMITED (REGISTERED NUMBER: 10143533)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30/4/24 30/4/23
value: £    £   
1 Ordinary £1 1 1
1 A Ordinary £1 1 1
2 2

9. RESERVES
Retained
earnings
£   

At 1 May 2023 4,808
Profit for the year 41,807
Dividends (26,000 )
At 30 April 2024 20,615