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REGISTERED NUMBER: 08401274 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Ian Ridsdale Golf Limited

Ian Ridsdale Golf Limited (Registered number: 08401274)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ian Ridsdale Golf Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: I P Ridsdale
Mrs H Ridsdale





SECRETARY: Mrs H Ridsdale





REGISTERED OFFICE: Wrag Barn Golf & Country Club
Shrivenham Road
Highworth
Wiltshire
SN6 7QQ





REGISTERED NUMBER: 08401274 (England and Wales)





ACCOUNTANTS: Beechcroft Accountancy Services
Beechcroft Barn
Upton Lovell
Warminster
Wiltshire
BA12 0JW

Ian Ridsdale Golf Limited (Registered number: 08401274)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 33,873 18,576
33,873 18,576

CURRENT ASSETS
Stocks 164,797 165,299
Debtors 6 3,323 4,226
Cash at bank and in hand 110,285 115,053
278,405 284,578
CREDITORS
Amounts falling due within one year 7 285,506 282,373
NET CURRENT (LIABILITIES)/ASSETS (7,101 ) 2,205
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,772

20,781

PROVISIONS FOR LIABILITIES 8,428 4,129
NET ASSETS 18,344 16,652

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 18,334 16,642
SHAREHOLDERS' FUNDS 18,344 16,652

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

Ian Ridsdale Golf Limited (Registered number: 08401274)

Balance Sheet - continued
31 March 2025


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 30 May 2025 and were signed on its behalf by:





I P Ridsdale - Director


Ian Ridsdale Golf Limited (Registered number: 08401274)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Ian Ridsdale 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.

The financial statements have been prepared on a going concern basis

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of four 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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 20% 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.


Ian Ridsdale Golf Limited (Registered number: 08401274)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued
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.

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. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 64,000
AMORTISATION
At 1 April 2024
and 31 March 2025 64,000
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 -

Ian Ridsdale Golf Limited (Registered number: 08401274)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 69,700
Additions 38,474
At 31 March 2025 108,174
DEPRECIATION
At 1 April 2024 51,124
Charge for year 23,177
At 31 March 2025 74,301
NET BOOK VALUE
At 31 March 2025 33,873
At 31 March 2024 18,576

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 471 422
Other debtors 2,852 3,804
3,323 4,226

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 140,994 123,567
Taxation and social security 8,489 14,902
Other creditors 136,023 143,904
285,506 282,373

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Loans from directors to the company are repayable on demand and interest free. During the year £2,775 was withdrawn, (2024 £9,336 introduced), and the balance due to the directors at the year end was £130,565 (2024 £133,340)

9. ULTIMATE CONTROLLING PARTY

The controlling party is I P Ridsdale.

The ultimate controlling party is I P Ridsdale.