Company registration number: 15122934
Unaudited financial statements
for the period ended 30 September 2024
for
Good Good Golf Retail UK Ltd
Pages for filing with the Registrar
Good Good Golf Retail UK Ltd
Accountants' Report to the Board of Directors for the preparation of the unaudited
financial statements
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Good Good Golf Retail UK Ltd for the period ended 30 September 2024 which comprise the Profit and loss account, Balance sheet and the notes to the financial statements from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Good Good Golf Retail UK Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Good Good Golf Retail UK Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Good Good Golf Retail UK Ltd and its Board of Directors, as a body, for our work, or for this report.
It is your duty to ensure that Good Good Golf Retail UK Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Good Good Golf Retail UK Ltd. You consider that Good Good Golf Retail UK Ltd is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of Good Good Golf Retail UK Ltd. 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.
Glengracie Accounting Solutions Ltd
Innovation Centre Medway
Maidstone Road
Chatham
Kent
ME5 9FD
United Kingdom
Date: 6 June 2025
1
Company registration number: 15122934
Good Good Golf Retail UK Ltd
Balance sheet
as at 30 September 2024
£ £
Current assets
Stocks 288,150
Debtors 1,736
289,886
Creditors: amounts falling due within one
year
(288,743)
Net current assets 1,143
NET ASSETS 1,143
Capital and reserves
Called up share capital 1
Profit and loss account 1,142
TOTAL EQUITY 1,143
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the period ended 30 September 2024.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 6 June 2025 and signed on its behalf by:
Mr A Puchala, Director
6 June 2025
2
Good Good Golf Retail UK Ltd
Notes to the financial statements
for the period ended 30 September 2024
1 Company information
Good Good Golf Retail UK Ltd is a private company registered in England and Wales. Its registered number is 15122934. The company is limited by shares. Its registered office is Glengracie Accounting Solutions, Innovation Centre Medway, Chatham, Kent, ME5 9FD.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
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 period comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
3 Average number of employees
During the period the average number of employees was Nil.
3