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COMPANY REGISTRATION NUMBER: 03283475

Top Ten Golf Limited

Filleted Unaudited Financial Statements

31 December 2024

Top Ten Golf Limited

Financial Statements

Year ended 31 December 2024

Contents | Pages

Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements | 1

Statement of financial position | 2 to 3

Notes to the financial statements | 4 to 8

Top Ten Golf Limited

Chartered Accountant's Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Top Ten Golf Limited

Year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Top Ten Golf Limited for the year ended 31 December 2024, which comprise the statement of financial position 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 at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Top Ten Golf Limited, as a body, in accordance with the terms of our engagement letter dated 6 September 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Top Ten Golf Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Top Ten Golf Limited and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that Top Ten Golf 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 Top Ten Golf Limited. You consider that Top Ten Golf 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 Top Ten Golf 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.
HEBBLETHWAITES Chartered accountants
2 Westbrook Court Sharrow Vale Road Sheffield S11 8YZ
15 September 2025

Top Ten Golf Limited

Statement of Financial Position

31 December 2024

| 2024 | 2023
Note | £ | £

Current assets

Debtors | 7 | 846,356 | 841,678
Cash at bank and in hand | 1,748,494 | 1,594,779
| ------------ | ------------
| 2,594,850 | 2,436,457

Creditors: amounts falling due within one year | 8 | 67,302 | 93,468
| ------------ | ------------
Net current assets | 2,527,548 | 2,342,989
| ------------ | ------------
Total assets less current liabilities | 2,527,548 | 2,342,989
| ------------ | ------------
Net assets | 2,527,548 | 2,342,989
| ------------ | ------------

Top Ten Golf Limited

Statement of Financial Position (continued)

31 December 2024

| 2024 | 2023
Note | £ | £

Capital and reserves

Called up share capital | 10 | 10
Profit and loss account | 2,527,538 | 2,342,979
| ------------ | ------------
Shareholders funds | 2,527,548 | 2,342,989
| ------------ | ------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 14 September 2025 , and are signed on behalf of the board by:

Mr P L Cowen
Director

Company registration number: 03283475

Top Ten Golf Limited

Notes to the Financial Statements

Year ended 31 December 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 14 Stonelow Crescent, Dronfield, Sheffield, S18 2ES.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Plant and machinery | - | 25% straight line

Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Investments in associates
Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
Investments in joint ventures
Investments in jointly controlled entities accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in jointly controlled entities accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the joint venture arising before or after the date of acquisition.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 3 (2023: 3 ).
5. Tangible assets

| Plant and machinery
| £
Cost |
At 1 January 2024 and 31 December 2024 | 105,159
| ---------
Depreciation |
At 1 January 2024 and 31 December 2024 | 105,159
| ---------
Carrying amount |
At 31 December 2024 | –
| ---------
At 31 December 2023 | –
| ---------

6. Investments

| Other investments other than loans
| £
Cost |
At 1 January 2024 and 31 December 2024 | 95,000
| --------
Impairment |
At 1 January 2024 and 31 December 2024 | 95,000
| --------

Carrying amount |
At 31 December 2024 | –
| --------
At 31 December 2023 | –
| --------

7. Debtors

| 2024 | 2023
| £ | £
Amounts owed by group undertakings | 839,383 | 834,705
Other debtors | 6,973 | 6,973
| --------- | ---------
| 846,356 | 841,678
| --------- | ---------

8. Creditors: amounts falling due within one year

| 2024 | 2023
| £ | £
Corporation tax | 61,121 | 89,588
Credit card | 3,713 | 1,319
Other creditors | 2,468 | 2,561
| -------- | --------
| 67,302 | 93,468
| -------- | --------

9. Related party transactions
A loan account exists as between this company and its' holding company, TTG Holdings Limited. As a result of further advances made during the year by this company to the holding company, the opening loan account balance of monies owing to Top Ten Golf Limited by TTG Holdings Limited of £834,705, increased to a closing debtor balance of £839,383. There are no formal terms applicable to this loan and interest is not being charged. A loan account exists with a company with common shareholders and directors to this company, being Jenstorm Limited. At the commencement of the year, Jenstorm Ltd was indebted to Top Ten Golf Ltd in the sum of £6,973, which balance is unchanged as at 31 December 2024. There are no formal terms applicable to this loan and interest is not being charged.
10. Controlling party
The company is a wholly owned subsidiary of TTG Holdings Ltd, with whom the company shares its registered office address.