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REGISTERED NUMBER: 09944341 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

GAVIN ABSON GOLF LTD

GAVIN ABSON GOLF LTD (REGISTERED NUMBER: 09944341)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GAVIN ABSON GOLF LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTOR: G Abson





REGISTERED OFFICE: Suite 10
One Derby Square
Liverpool
L2 9QR





REGISTERED NUMBER: 09944341 (England and Wales)





ACCOUNTANTS: Additions
Chartered Accountants
One Derby Square
Liverpool
L2 9QR

GAVIN ABSON GOLF LTD (REGISTERED NUMBER: 09944341)

BALANCE SHEET
31 JANUARY 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 18,630 27,318
Investments 5 600 600
19,230 27,918

CURRENT ASSETS
Stocks 52,017 66,961
Debtors 6 6,609 5,459
Cash at bank and in hand 149,912 121,104
208,538 193,524
CREDITORS
Amounts falling due within one year 7 138,241 115,125
NET CURRENT ASSETS 70,297 78,399
TOTAL ASSETS LESS CURRENT
LIABILITIES

89,527

106,317

CREDITORS
Amounts falling due after more than one
year

8

(4,949

)

(14,103

)

PROVISIONS FOR LIABILITIES (3,540 ) (5,190 )
NET ASSETS 81,038 87,024

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 80,938 86,924
SHAREHOLDERS' FUNDS 81,038 87,024

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

GAVIN ABSON GOLF LTD (REGISTERED NUMBER: 09944341)

BALANCE SHEET - continued
31 JANUARY 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 June 2025 and were signed by:





G Abson - Director


GAVIN ABSON GOLF LTD (REGISTERED NUMBER: 09944341)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025


1. STATUTORY INFORMATION

Gavin Abson Golf Ltd 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.

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

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 - 25% on cost and 20% on cost
Computer equipment - 25% 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 Statement of Income and Retained Earnings, 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.

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.

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.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Borrowings
Interest bearing loans are recorded at the proceeds received, net of direct issue costs. Finance charges, including premiums payable on settlement or redemption and direct issue costs, are accounted for on an accruals basis in the profit and loss account using the effective interest method and are added to the carrying amount of the instrument to the extent that they are not settled in the period in which they arise.

GAVIN ABSON GOLF LTD (REGISTERED NUMBER: 09944341)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 February 2024 24,110 33,400 8,379 65,889
Additions - - 664 664
At 31 January 2025 24,110 33,400 9,043 66,553
DEPRECIATION
At 1 February 2024 23,608 9,767 5,196 38,571
Charge for year 160 7,913 1,279 9,352
At 31 January 2025 23,768 17,680 6,475 47,923
NET BOOK VALUE
At 31 January 2025 342 15,720 2,568 18,630
At 31 January 2024 502 23,633 3,183 27,318

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
2025 2024
£    £   
TGI Golf Partnership 600 600

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 5,828 4,671
Other debtors - 91
Prepayments and accrued income 781 697
6,609 5,459

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 14,023 892
Tax 8,258 20,236
Social security and other taxes 529 -
VAT 4,993 5,524
Other creditors 40,599 34,710
Directors' current accounts 15,210 24,670
Accrued expenses 44,629 19,093
138,241 115,125

GAVIN ABSON GOLF LTD (REGISTERED NUMBER: 09944341)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans - 1-2 years 4,949 10,000
Bank loans - 2-5 years - 4,103
4,949 14,103

9. ULTIMATE CONTROLLING PARTY

The controlling party is G Abson.