REGISTERED NUMBER: 05982854 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Paul Toyer Golf Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs S Toyer

Mr P Toyer

SECRETARY:

Mrs S Toyer

REGISTERED OFFICE:

St Neots Golf Club

Crosshall Road

Huntingdon

St Neots

Cambridgeshire

PE19 7GE

REGISTERED NUMBER:

05982854 (England and Wales)

ACCOUNTANTS:

Bennett Brooks & Co Ltd

Chartered Accountants

Cherry Tree Court

Cross Street

Leek

Staffordshire

ST13 6BL

FIXED ASSETS

Tangible assets

4

6,341

8,030

CURRENT ASSETS

Stocks

22,254

19,300

Debtors

5

11,579

14,625

Cash at bank and in hand

284

1,993

34,117

35,918

CREDITORS

Amounts falling due within one year

6

(40,282

)

(40,531

)

NET CURRENT LIABILITIES

(6,165

)

(4,613

)

TOTAL ASSETS LESS CURRENT LIABILITIES

176

3,417

CREDITORS

Amounts falling due after more than one year

7

(136

)

(3,367

)

NET ASSETS

40

50

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

38

48

40

50

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

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 Board of Directors and authorised for issue on 18 September 2025 and were signed on its behalf by:

Mr P Toyer - Director

1.	STATUTORY INFORMATION

Paul Toyer 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.

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.

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2024

9,858

13,104

8,858

31,820

Additions

-

-

900

900

Disposals

(2,531

)

-

(2,803

)

(5,334

)

At 31 December 2024

7,327

13,104

6,955

27,386

DEPRECIATION

At 1 January 2024

8,579

7,576

7,635

23,790

Charge for year

145

1,382

746

2,273

Eliminated on disposal

(2,215

)

-

(2,803

)

(5,018

)

At 31 December 2024

6,509

8,958

5,578

21,045

NET BOOK VALUE

At 31 December 2024

818

4,146

1,377

6,341

At 31 December 2023

1,279

5,528

1,223

8,030

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

11,579

14,625

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

2,405

2,000

Trade creditors

816

3,199

Taxation and social security

10,679

9,664

Other creditors

26,382

25,668

40,282

40,531

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

136

3,367

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

Mr P Toyer and Mrs S Toyer

Balance outstanding at start of year

13,964

9,564

Amounts advanced

17,000

19,000

Amounts repaid

(20,100

)

(14,600

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

10,864

13,964