1 November 2023 false No description of principal activity Taxfiler 2024.6 09816796business:PrivateLimitedCompanyLtd2023-11-012024-10-31 098167962023-10-31 098167962023-11-012024-10-31 09816796business:AuditExemptWithAccountantsReport2023-11-012024-10-31 09816796business:FilletedAccounts2023-11-012024-10-31 098167962024-10-31 09816796business:Director12023-11-012024-10-31 09816796business:RegisteredOffice2023-11-012024-10-31 098167962023-10-31 09816796core:WithinOneYear2024-10-31 09816796core:WithinOneYear2023-10-31 09816796core:AfterOneYear2024-10-31 09816796core:AfterOneYear2023-10-31 09816796core:ShareCapitalcore:PreviouslyStatedAmount2024-10-31 09816796core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 09816796core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-10-31 09816796core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 09816796core:PreviouslyStatedAmount2024-10-31 09816796core:PreviouslyStatedAmount2023-10-31 09816796business:SmallEntities2023-11-012024-10-31 09816796countries:EnglandWales2023-11-012024-10-31 09816796core:PlantMachinery2023-11-012024-10-31 09816796core:MotorVehicles2023-11-012024-10-31 09816796core:FurnitureFittings2023-11-012024-10-31 09816796core:ComputerEquipment2023-11-012024-10-31 09816796core:PlantMachinery2023-10-31 09816796core:MotorVehicles2023-10-31 09816796core:FurnitureFittings2023-10-31 09816796core:ComputerEquipment2023-10-31 09816796core:PlantMachinery2024-10-31 09816796core:MotorVehicles2024-10-31 09816796core:FurnitureFittings2024-10-31 09816796core:ComputerEquipment2024-10-31 09816796core:MoreThanFiveYears2024-10-31 09816796core:MoreThanFiveYears2023-10-31 098167962022-11-012023-10-31 iso4217:GBP xbrli:pure
Company Registration No. 09816796 (England and Wales)
Lancashire Golf Academy Ltd Unaudited accounts for the year ended 31 October 2024
Lancashire Golf Academy Ltd Unaudited accounts Contents
Page
- 2 -
Lancashire Golf Academy Ltd Company Information for the year ended 31 October 2024
Director
Scott Andrew Connor
Company Number
09816796 (England and Wales)
Registered Office
Wilpshire Golf Club 72 Whalley Road Wilpshire Blackburn Lancashire BB1 9LF
Accountants
Monton Green Accountancy Ltd 5 Hawthorn Avenue Eccles Manchester M30 9NE
- 3 -
Lancashire Golf Academy Ltd Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,808 
8,646 
Current assets
Inventories
131,820 
147,682 
Debtors
6,320 
9,877 
Cash at bank and in hand
354 
6,803 
138,494 
164,362 
Creditors: amounts falling due within one year
(137,989)
(74,457)
Net current assets
505 
89,905 
Total assets less current liabilities
4,313 
98,551 
Creditors: amounts falling due after more than one year
(67,323)
(70,975)
Provisions for liabilities
Deferred tax
(724)
(2,087)
Net (liabilities)/assets
(63,734)
25,489 
Capital and reserves
Called up share capital
500 
500 
Profit and loss account
(64,234)
24,989 
Shareholders' funds
(63,734)
25,489 
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 July 2025 and were signed on its behalf by
Scott Andrew Connor Director Company Registration No. 09816796
- 4 -
Lancashire Golf Academy Ltd Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Lancashire Golf Academy Ltd is a private company, limited by shares, registered in England and Wales, registration number 09816796. The registered office is Wilpshire Golf Club 72 Whalley Road, Wilpshire, Blackburn, Lancashire, BB1 9LF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Motor vehicles
33% Straight Line
Fixtures & fittings
15% Straight Line
Computer equipment
33% Straight Line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
- 5 -
Lancashire Golf Academy Ltd Notes to the Accounts for the year ended 31 October 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 November 2023
9,279 
23,037 
10,487 
7,506 
50,309 
At 31 October 2024
9,279 
23,037 
10,487 
7,506 
50,309 
Depreciation
At 1 November 2023
5,172 
22,797 
9,434 
4,260 
41,663 
Charge for the year
2,320 
240 
296 
1,982 
4,838 
At 31 October 2024
7,492 
23,037 
9,730 
6,242 
46,501 
Net book value
At 31 October 2024
1,787 
- 
757 
1,264 
3,808 
At 31 October 2023
4,107 
240 
1,053 
3,246 
8,646 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
5,870 
9,277 
Other debtors
450 
600 
6,320 
9,877 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
35,318 
32,697 
VAT
9,064 
7,306 
Trade creditors
29,501 
16,332 
Taxes and social security
(516)
1,387 
Other creditors
223 
226 
Loans from directors
63,524 
15,634 
Accruals
875 
875 
137,989 
74,457 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
26,043 
30,964 
Other creditors
41,280 
40,011 
67,323 
70,975 
Aggregate of amounts that fall due for payment after five years
8,335 
13,455 
8
Average number of employees
During the year the average number of employees was 7 (2023: 6).
- 6 -