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REGISTERED NUMBER: 07287692 (England and Wales)














Unaudited Financial Statements

for the Year Ended 30 June 2024

for

Total Golf Solutions Limited

Total Golf Solutions Limited (Registered number: 07287692)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

Total Golf Solutions Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: A Fletcher
B Fletcher





SECRETARIES: G Fletcher
J M Fletcher





REGISTERED OFFICE: The Granary
Crowhill Farm
Ravensden Road
Wilden
Bedfordshire
MK44 2QS





REGISTERED NUMBER: 07287692 (England and Wales)





ACCOUNTANTS: GREGORY WILDMAN
The Granary
Crowhill Farm
Ravensden Road
Wilden
Bedfordshire
MK44 2QS

Total Golf Solutions Limited (Registered number: 07287692)

Statement of Financial Position
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 7,309 6,248
7,309 6,248

CURRENT ASSETS
Debtors 6 94,268 188,883
Cash at bank 102,621 23,800
196,889 212,683
CREDITORS
Amounts falling due within one year 7 119,745 173,084
NET CURRENT ASSETS 77,144 39,599
TOTAL ASSETS LESS CURRENT LIABILITIES 84,453 45,847

CREDITORS
Amounts falling due after more than one year 8 (14,167 ) (23,333 )

PROVISIONS FOR LIABILITIES (58 ) (238 )
NET ASSETS 70,228 22,276

CAPITAL AND RESERVES
Called up share capital 500 500
Retained earnings 69,728 21,776
SHAREHOLDERS' FUNDS 70,228 22,276

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 23 January 2025 and were signed on its behalf by:




A Fletcher - Director


Total Golf Solutions Limited (Registered number: 07287692)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Total Golf Solutions 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

There were no material departures from that standard.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer, usually on dispatch of goods, the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measure reliably.

Rendering of services

Revenue from providing coaching services is recognised in the accounting period in which the fee for provision of the service is rendered.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of one years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Tangible fixed assets are included at cost less depreciation and impairment. Depreciation has been computed to write off the cost of tangible fixed assets over their expected useful lives as follows:

Plant and machinery - 20% on cost
Fixtures and fittings - 10%on cost
Computer equipment - 33% on cost

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 statement of financial position date.

Deferred tax
Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.

Tax deferred or accelerated is accounted for in respect of all material timing differences.

Total Golf Solutions Limited (Registered number: 07287692)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its employees. Contributions payable are charged to profit and loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2023
and 30 June 2024 10,000
AMORTISATION
At 1 July 2023
and 30 June 2024 10,000
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and Computer
leasehold machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 July 2023 6,885 23,158 3,031 8,159 41,233
Additions 2,595 - - - 2,595
Disposals - (23,158 ) (3,031 ) (6,715 ) (32,904 )
At 30 June 2024 9,480 - - 1,444 10,924
DEPRECIATION
At 1 July 2023 1,450 22,736 2,981 7,818 34,985
Charge for year 763 - - 280 1,043
Eliminated on disposal - (22,736 ) (2,981 ) (6,696 ) (32,413 )
At 30 June 2024 2,213 - - 1,402 3,615
NET BOOK VALUE
At 30 June 2024 7,267 - - 42 7,309
At 30 June 2023 5,435 422 50 341 6,248

Total Golf Solutions Limited (Registered number: 07287692)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 28,704 105,185
Due from associated company 37,312 55,467
Other debtors 16,603 16,603
Prepayments 11,649 11,628
94,268 188,883

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 2,414 -
Tax 34,902 27,783
Social security and other taxes 946 349
VAT 11,382 13,119
Other creditors 40,939 119,777
Directors' current accounts 15,987 436
Accrued expenses 3,175 1,620
119,745 173,084

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans - 1-5 years 14,167 23,333

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30.6.24 30.6.23
£    £   
Within one year 121,800 66,800
Between one and five years 487,200 267,200
In more than five years 424,925 216,725
1,033,925 550,725

10. RELATED PARTY DISCLOSURES

The amount outstanding at the year-end due to Mr A Fletcher was £10,870 (2023 due to - £156).

The amount outstanding at the year-end due to Mr B Fletcher was £5,118 (2023 - due to £280).

The amount outstanding at the year end due from associated company Total Golf Store Limited was £37,312 (2023 - £55,467).

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Total Golf Solutions Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Total Golf Solutions Limited for the year ended 30 June 2024 which comprise the Income Statement, Other Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Total Golf Solutions Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Total Golf Solutions Limited and state those matters that we have agreed to state to the Board of Directors of Total Golf Solutions Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Total Golf Solutions Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Total Golf Solutions Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Total Golf Solutions Limited. You consider that Total Golf Solutions Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Total Golf Solutions Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






GREGORY WILDMAN
The Granary
Crowhill Farm
Ravensden Road
Wilden
Bedfordshire
MK44 2QS


23 January 2025