Registration number: SC641462

CH Golf Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

CH Golf Limited

Company Information

Director

C Hill

Registered office

Unit 26, Dunfermline Business Centre Izatt Avenue Dunfermline Fife KY11 3BZ

Accountants

M&S Accountancy and Taxation Unit 26, Dunfermline Business Centre Izatt Avenue Dunfermline Fife KY11 3BZ

CH Golf Limited

(Registration number: SC641462)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	594	-
Current assets
Debtors	5	41,798	18,479
Cash at bank and in hand		416,837	184,174
		458,635	202,653
Creditors: Amounts falling due within one year	6	(91,509)	(56,004)
Net current assets		367,126	146,649
Net assets		367,720	146,649
Capital and reserves
Called up share capital	7	100	100
Retained earnings		367,620	146,549
Shareholders' funds		367,720	146,649

For the financial 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.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 6 October 2025
 

......................................... C Hill Director

CH Golf Limited

Notes to the Unaudited Financial Statements for the Period from 1 October 2023 to 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
Unit 26, Dunfermline Business Centre
Izatt Avenue
Dunfermline
Fife
KY11 3BZ

These financial statements were authorised for issue by the director on 6 October 2025.

The financial statements cover a period of 15 months from October 2023 to December 2024. This was changed to allow for greater efficiency for the tax reporting of the sole shareholder. As a result the comparative figures are not directly comparable.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair
value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The
stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue
is recognised only to the extent of the expenses recognised that it is probable will be recovered.

CH Golf Limited

Notes to the Unaudited Financial Statements for the Period from 1 October 2023 to 31 December 2024

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Computer equipment	33.1/3 % Straight Line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

CH Golf Limited

Notes to the Unaudited Financial Statements for the Period from 1 October 2023 to 31 December 2024

Financial instruments

Classification
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Basic financial assets
Basic financial assets, which include debtors and bank balances, are initially measured at transaction price including transaction costs.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, including creditors are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.
 

3	Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1 (2023 - 1).

4	Tangible assets

	Office equipment £	Total £
Cost or valuation
Additions	891	891
At 31 December 2024	891	891
Depreciation
Charge for the period	297	297
At 31 December 2024	297	297
Carrying amount
At 31 December 2024	594	594

CH Golf Limited

Notes to the Unaudited Financial Statements for the Period from 1 October 2023 to 31 December 2024

5

Debtors

Current	2024 £	2023 £
Trade debtors	40,000	18,479
Prepayments	1,548	-
Other debtors	250	-
	41,798	18,479

6

Creditors

Creditors: amounts falling due within one year

	2024 £	2023 £
Trade creditors	12,635	-
Taxation and social security	11,903	26,716
Accruals and deferred income	57,600	26,379
Other creditors	9,371	2,909
	91,509	56,004

7	Share capital

Allotted, called up and fully paid shares

	2024		2023
	No.	£	No.	£
Ordinary Shares of £1 each	100	100	100	100