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Registered number: 02758804
Nick Faldo Design (Overseas) Limited
Unaudited Financial Statements
For The Year Ended 30 December 2023
Jupp Castle Limited
ACCA
5 Taplins Court
Taplins Farm Lane
Hartley Wintney
RG27 8XU
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 02758804
2023 2022
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 4 1,097,418 1,049,795
Cash at bank and in hand 1,248 51
1,098,666 1,049,846
Creditors: Amounts Falling Due Within One Year 5 (1,836,941 ) (1,913,891 )
NET CURRENT ASSETS (LIABILITIES) (738,275 ) (864,045 )
TOTAL ASSETS LESS CURRENT LIABILITIES (738,275 ) (864,045 )
Creditors: Amounts Falling Due After More Than One Year 6 (20,000 ) (40,000 )
NET LIABILITIES (758,275 ) (904,045 )
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account (758,277 ) (904,047 )
SHAREHOLDERS' FUNDS (758,275) (904,045)
Page 1
Page 2
For the year ending 30 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
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
Sir Nicholas Faldo
Director
16 January 2025
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Nick Faldo Design (Overseas) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02758804 . The registered office is 4 Causeway Farm, Hartley Wintney, Hampshire, RG27 8PS.
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.
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:
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 3)
3 3
4. Debtors
2023 2022
£ £
Due within one year
Trade debtors 16,200 9,000
Other debtors 1,081,218 1,040,795
1,097,418 1,049,795
At the year end £1,030.440 (2022 £1,035.440) was due from Nick Faldo Enterprises Limited, a company under common cotnrol. 
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5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 68,950 3,608
Bank loans and overdrafts 10,000 -
Other creditors 1,754,410 1,906,607
Taxation and social security 3,581 3,676
1,836,941 1,913,891
At the year end the following loan balances were included in other creditors relating to companies under the common control of the director. 
Faldo Enterprises US 2023 £27,466 (2022 £27,466)
Nick Faldo International Limited 2023 £138,462 (2022 £138,062)
Nick Faldo Design Bermuda US 2023 £559,134 (2022 £559,134)
Faldo Design (US) 2023 £265,609 (2022 £467,142)
The Faldo Trust for Tomorrows Champions (UK) 2023 £9,942 (2022 debtor £1,734)
At the year end £750,118 was payable to the director, (2022 £714,936).
The loans are all repayable within one year. 
6. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 20,000 40,000
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
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