31 December 2023 false No description of principal activity Taxfiler 2024.6 10959186business:PrivateLimitedCompanyLtd2023-12-312024-12-31 109591862023-12-30 109591862023-12-312024-12-31 10959186business:AuditExemptWithAccountantsReport2023-12-312024-12-31 10959186business:FilletedAccounts2023-12-312024-12-31 109591862024-12-31 10959186business:Director12023-12-312024-12-31 10959186business:Director32023-12-312024-12-31 10959186business:RegisteredOffice2023-12-312024-12-31 109591862023-12-30 10959186core:WithinOneYear2024-12-31 10959186core:WithinOneYear2023-12-30 10959186core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 10959186core:ShareCapitalcore:PreviouslyStatedAmount2023-12-30 10959186core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 10959186core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-30 10959186core:PreviouslyStatedAmount2024-12-31 10959186core:PreviouslyStatedAmount2023-12-30 10959186business:SmallEntities2023-12-312024-12-31 10959186countries:EnglandWales2023-12-312024-12-31 10959186core:FurnitureFittings2023-12-312024-12-31 10959186core:ComputerEquipment2023-12-30 10959186core:ComputerEquipment2024-12-31 10959186core:ComputerEquipment2023-12-312024-12-31 109591862022-12-012023-12-30 iso4217:GBP xbrli:pure
Company Registration No. 10959186 (England and Wales)
SMITHWORKS GOLF LIMITED Unaudited accounts for the period from 31 December 2023 to 31 December 2024
SMITHWORKS GOLF LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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SMITHWORKS GOLF LIMITED Company Information for the period from 31 December 2023 to 31 December 2024
Directors
S Smith R B Smith
Company Number
10959186 (England and Wales)
Registered Office
5 SHEPHERDS COTE DRIVE STANNINGTON MORPETH NE61 6FN UNITED KINGDOM
Accountants
G W Accountants Ltd 1 Jesmond Business Court 217 Jesmond Road Newcastle upon Tyne NE2 1LA
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SMITHWORKS GOLF LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
- 
372 
Current assets
Inventories
53,811 
43,811 
Cash at bank and in hand
819,364 
617,248 
873,175 
661,059 
Creditors: amounts falling due within one year
5
(253,840)
(165,728)
Net current assets
619,335 
495,331 
Net assets
619,335 
495,703 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
619,235 
495,603 
Shareholders' funds
619,335 
495,703 
For the period ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 21 August 2024 and were signed on its behalf by
S Smith Director Company Registration No. 10959186
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SMITHWORKS GOLF LIMITED Notes to the Accounts for the period from 31 December 2023 to 31 December 2024
1
Statutory information
SMITHWORKS GOLF LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10959186. The registered office is 5 SHEPHERDS COTE DRIVE, STANNINGTON, MORPETH, NE61 6FN, UNITED KINGDOM.
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 period, 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.
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:
Fixtures & fittings
3 years straight line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 31 December 2023
3,822 
At 31 December 2024
3,822 
Depreciation
At 31 December 2023
3,450 
Charge for the period
372 
At 31 December 2024
3,822 
Net book value
At 31 December 2024
- 
At 30 December 2023
372 
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SMITHWORKS GOLF LIMITED Notes to the Accounts for the period from 31 December 2023 to 31 December 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
27,352 
17,824 
Trade creditors
26,614 
11,120 
Taxes and social security
78,864 
103,978 
Other creditors
33,643 
23,935 
Loans from directors
84,002 
5,506 
Accruals
3,365 
3,365 
253,840 
165,728 
6
Average number of employees
During the period the average number of employees was 3 (2023: 3).
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