Acorah Software Products - Accounts Production 16.0.110 false true false 18 October 2023 31 October 2024 31 October 2024 15218204 Mr David Fulcher Mr Joshua Harvey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15218204 2023-10-17 15218204 2024-10-31 15218204 2023-10-18 2024-10-31 15218204 frs-core:CurrentFinancialInstruments 2024-10-31 15218204 frs-core:MotorVehicles 2024-10-31 15218204 frs-core:MotorVehicles 2023-10-18 2024-10-31 15218204 frs-core:MotorVehicles 2023-10-17 15218204 frs-core:PlantMachinery 2024-10-31 15218204 frs-core:PlantMachinery 2023-10-18 2024-10-31 15218204 frs-core:PlantMachinery 2023-10-17 15218204 frs-core:SharePremium 2024-10-31 15218204 frs-core:ShareCapital 2024-10-31 15218204 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 15218204 frs-bus:PrivateLimitedCompanyLtd 2023-10-18 2024-10-31 15218204 frs-bus:FilletedAccounts 2023-10-18 2024-10-31 15218204 frs-bus:SmallEntities 2023-10-18 2024-10-31 15218204 frs-bus:AuditExempt-NoAccountantsReport 2023-10-18 2024-10-31 15218204 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-18 2024-10-31 15218204 frs-bus:Director1 2023-10-18 2024-10-31 15218204 frs-bus:Director2 2023-10-18 2024-10-31 15218204 frs-countries:EnglandWales 2023-10-18 2024-10-31
Registered number: 15218204
Golf Retail Enterprises Ltd
Unaudited Financial Statements
For the Period 18 October 2023 to 31 October 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 15218204
31 October 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 48,833
48,833
CURRENT ASSETS
Debtors 5 4,049
Cash at bank and in hand 16,613
20,662
Creditors: Amounts Falling Due Within One Year 6 (45,301 )
NET CURRENT ASSETS (LIABILITIES) (24,639 )
TOTAL ASSETS LESS CURRENT LIABILITIES 24,194
NET ASSETS 24,194
CAPITAL AND RESERVES
Called up share capital 7 1
Share premium account 19,999
Profit and Loss Account 4,194
SHAREHOLDERS' FUNDS 24,194
Page 1
Page 2
For the period ending 31 October 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr David Fulcher
Director
Mr Joshua Harvey
Director
15 November 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Golf Retail Enterprises Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15218204 . The registered office is The Mill Pury Hill Business Park, Alderton Road, Towcester, Northamptonshire, NN12 7LS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% straight line
Motor Vehicles 25% straight line
3. Average Number of Employees
Average number of employees, including directors, during the period was: 3
3
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 18 October 2023 - - -
Additions 32,193 28,960 61,153
As at 31 October 2024 32,193 28,960 61,153
Depreciation
As at 18 October 2023 - - -
Provided during the period 8,048 4,272 12,320
As at 31 October 2024 8,048 4,272 12,320
Net Book Value
As at 31 October 2024 24,145 24,688 48,833
As at 18 October 2023 - - -
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5. Debtors
31 October 2024
£
Due within one year
Trade debtors 4,043
Other debtors 6
4,049
6. Creditors: Amounts Falling Due Within One Year
31 October 2024
£
Trade creditors 1
Other loans 33,203
Other creditors 7,518
Taxation and social security 4,579
45,301
7. Share Capital
31 October 2024
£
Allotted, Called up and fully paid 1
Page 4