Caseware UK (AP4) 2024.0.164 2024.0.164 2025-04-30 2025-04-30 0 0 0 The company's principal activity is that of providing handicap and score tracking service.false 2024-05-01 false 3 3 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 06053533 2024-05-01 2025-04-30 06053533 2023-05-01 2024-04-30 06053533 2025-04-30 06053533 2024-04-30 06053533 2023-05-01 06053533 c:Director1 2024-05-01 2025-04-30 06053533 d:Buildings d:LongLeaseholdAssets 2024-05-01 2025-04-30 06053533 d:OfficeEquipment 2024-05-01 2025-04-30 06053533 d:OfficeEquipment 2025-04-30 06053533 d:OfficeEquipment 2024-04-30 06053533 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 06053533 d:ComputerEquipment 2024-05-01 2025-04-30 06053533 d:ComputerEquipment 2025-04-30 06053533 d:ComputerEquipment 2024-04-30 06053533 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 06053533 d:OtherPropertyPlantEquipment 2024-05-01 2025-04-30 06053533 d:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 06053533 d:PatentsTrademarksLicencesConcessionsSimilar 2024-05-01 2025-04-30 06053533 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-05-01 2025-04-30 06053533 d:Goodwill 2024-05-01 2025-04-30 06053533 d:ComputerSoftware 2025-04-30 06053533 d:ComputerSoftware 2024-04-30 06053533 d:CurrentFinancialInstruments 2025-04-30 06053533 d:CurrentFinancialInstruments 2024-04-30 06053533 d:CurrentFinancialInstruments d:WithinOneYear 2025-04-30 06053533 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 06053533 d:ShareCapital 2025-04-30 06053533 d:ShareCapital 2024-04-30 06053533 d:ShareCapital 2023-05-01 06053533 d:SharePremium 2025-04-30 06053533 d:SharePremium 2024-04-30 06053533 d:SharePremium 2023-05-01 06053533 d:RetainedEarningsAccumulatedLosses 2024-05-01 2025-04-30 06053533 d:RetainedEarningsAccumulatedLosses 2025-04-30 06053533 d:RetainedEarningsAccumulatedLosses 2023-05-01 2024-04-30 06053533 d:RetainedEarningsAccumulatedLosses 2024-04-30 06053533 d:RetainedEarningsAccumulatedLosses 2023-05-01 06053533 d:AcceleratedTaxDepreciationDeferredTax 2025-04-30 06053533 d:AcceleratedTaxDepreciationDeferredTax 2024-04-30 06053533 d:TaxLossesCarry-forwardsDeferredTax 2025-04-30 06053533 d:TaxLossesCarry-forwardsDeferredTax 2024-04-30 06053533 c:FRS102 2024-05-01 2025-04-30 06053533 c:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 06053533 c:FullAccounts 2024-05-01 2025-04-30 06053533 c:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 06053533 d:ComputerSoftware d:ExternallyAcquiredIntangibleAssets 2024-05-01 2025-04-30 06053533 2 2024-05-01 2025-04-30 06053533 d:ComputerSoftware d:OwnedIntangibleAssets 2024-05-01 2025-04-30 06053533 e:PoundSterling 2024-05-01 2025-04-30 iso4217:GBP xbrli:pure

Registered number: 06053533 GOLFSHAKE LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 30 APRIL 2025
GOLFSHAKE LIMITED CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF GOLFSHAKE LIMITED FOR THE YEAR ENDED 30 APRIL 2025 In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Golfshake Limited for the year ended 30 April 2025 which comprise the Statement of Financial Position, the Statement of Changes in Equity 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 https://www.icaew.com /regulation. This report is made solely to the Board of Directors of Golfshake Limited, as a body, in accordance with the terms of our engagement letter dated 5 September 2022. Our work has been undertaken solely to prepare for your approval the financial statements of Golfshake Limited and state those matters that we have agreed to state to the Board of Directors of Golfshake Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Golfshake Limited and its Board of Directors, as a body, for our work or for this report. It is your duty to ensure that Golfshake 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 loss of Golfshake Limited. You consider that Golfshake Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or review of the financial statements of Golfshake 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. White Hart Associates (London) Limited Chartered Accountants and Statutory Auditors 2nd Floor, Nucleus House 2 Lower Mortlake Road Richmond TW9 2JA 2 September 2025 Page 1
GOLFSHAKE LIMITED REGISTERED NUMBER: 06053533 STATEMENT OF FINANCIAL POSITION AS AT 30 APRIL 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Intangible assets | 4 |  | 19,747 |  | 1,509
Tangible assets | 5 |  | 2,481 |  | 1,563
|  |  | 22,228 |  | 3,072
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 46,306 |  | 47,007 |
Cash at bank and in hand | 7 | 7,175 |  | 14,292 |
|  | 53,481 |  | 61,299 |
Creditors: amounts falling due within one year | 8 | (32,425) |  | (13,869) |
Net current assets |  |  | 21,056 |  | 47,430
Total assets less current liabilities |  |  | 43,284 |  | 50,502
Net assets |  |  | 43,284 |  | 50,502
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 100 |  | 100
Share premium account |  |  | 199,900 |  | 199,900
Profit and loss account |  |  | (156,716) |  | (149,498)
|  |  | 43,284 |  | 50,502
Page 2
GOLFSHAKE LIMITED REGISTERED NUMBER: 06053533 STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 30 APRIL 2025 The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 2 September 2025.
D G Ramowski
Director
The notes on pages 5 to 13 form part of these financial statements. Page 3
GOLFSHAKE LIMITED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 30 APRIL 2025
| Called up share capital | Share premium account | Profit and loss account | Total equity
| £ | £ | £ | £
At 1 May 2023 | 100 | 199,900 | (145,445) | 54,555
Comprehensive income for the year |  |  |  |
Loss for the year | - | - | (4,053) | (4,053)
At 1 May 2024 | 100 | 199,900 | (149,498) | 50,502
Comprehensive income for the year |  |  |  |
Loss for the year | - | - | (7,218) | (7,218)
At 30 April 2025 | 100 | 199,900 | (156,716) | 43,284
| The notes on pages 5 to 13 form part of these financial statements.
Page 4
GOLFSHAKE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
1. | General information
Golfshake Limited is a private company limited by shares, incorporated in England and Wales, registration number 06053533. The registered office is located at Minton Place, Victoria Street, Windsor, Berkshire, SL4 1EG. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies. The following principal accounting policies have been applied:
| 2.2 | Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Rendering of services Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: ∙the amount of revenue can be measured reliably; ∙it is probable that the Company will receive the consideration due under the contract; ∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and ∙the costs incurred and the costs to complete the contract can be measured reliably.
| 2.3 | Interest income
Interest income is recognised in profit or loss using the effective interest method. Page 5
GOLFSHAKE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 2.Accounting policies (continued)
| 2.4 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. 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 income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
| 2.5 | Intangible assets
Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years. The estimated useful lives range as follows:
|  |  |  | Domain Names | - |  | 10 years on a straight line basis
|  |  |  | Development expenditure | - |  | 5-10 years on a straight line basis
|  |  |  | Goodwill | - |  | 5 years on a straight line basis
| 2.6 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount. Page 6
GOLFSHAKE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 2.Accounting policies (continued)
| 2.6 | Tangible fixed assets (continued)
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following basis:
|  |  |  | Long-term leasehold property | - | 10 years on a straight line basis
|  |  |  | Computer equipment | - | 5 years on a straight line basis
|  |  |  | Other fixed assets | - | 5 years on a straight line basis
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
| 2.7 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.8 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
| 2.9 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
| 2.10 | Provisions for liabilities
Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made. Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties. Increases in provisions are generally charged as an expense to profit or loss. Page 7
GOLFSHAKE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 2.Accounting policies (continued)
| 2.11 | Financial instruments
The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments. The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102. Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument. Basic financial assets Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments. Other financial assets Other financial assets, which includes investments in equity instruments which are not classified as subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the recognised transaction price. Such assets are subsequently measured at fair value with the changes in fair value being recognised in the profit or loss. Where other financial assets are not publicly traded, hence their fair value cannot be measured reliably, they are measured at cost less impairment. Impairment of financial assets Financial assets are assessed for indicators of impairment at each reporting date. Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate. If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss. Page 8
GOLFSHAKE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 2.Accounting policies (continued)
| 2.11 | Financial instruments (continued)
Financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities. Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial. Debt instruments are subsequently carried at their amortised cost using the effective interest rate method. Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial. Other financial instruments Derivatives, including forward exchange contracts, futures contracts and interest rate swaps, are not classified as basic financial instruments. These are initially recognised at fair value on the date the derivative contract is entered into, with costs being charged to the profit or loss. They are subsequently measured at fair value with changes in the profit or loss. Debt instruments that do not meet the conditions as set out in FRS 102 paragraph 11.9 are subsequently measured at fair value through the profit or loss. This recognition and measurement would also apply to financial instruments where the performance is evaluated on a fair value basis as with a documented risk management or investment strategy.
3. | Employees
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Wages and salaries | 107,788 | 134,896
| The average monthly number of employees, including the directors, during the year was as follows:
|  |  | 2025 | 2024
|  |  | No. | No.
|  | Administrative | 3 | 3
Page 9
GOLFSHAKE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
4. | Intangible assets
|  | Computer software
|  | £
| Cost |
| At 1 May 2024 | 16,996
| Additions | 19,434
| At 30 April 2025 | 36,430
| Amortisation |
| At 1 May 2024 | 15,487
| Charge for the year on owned assets | 1,196
| At 30 April 2025 | 16,683
| Net book value |
| At 30 April 2025 | 19,747
| At 30 April 2024 | 1,509
Page 10
GOLFSHAKE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
5. | Tangible fixed assets
|  | Office equipment | Computer equipment | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| At 1 May 2024 | 1,344 | 8,395 | 9,739
| Additions | - | 1,528 | 1,528
| At 30 April 2025 | 1,344 | 9,923 | 11,267
| Depreciation |  |  |
| At 1 May 2024 | 971 | 7,205 | 8,176
| Charge for the year on owned assets | 188 | 422 | 610
| At 30 April 2025 | 1,159 | 7,627 | 8,786
| Net book value |  |  |
| At 30 April 2025 | 185 | 2,296 | 2,481
| At 30 April 2024 | 373 | 1,190 | 1,563
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 9,063 | 17,944
| Other debtors | 189 | -
| Prepayments and accrued income | 8,379 | 2,794
| Deferred taxation | 28,675 | 26,269
|  | 46,306 | 47,007
7. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 7,175 | 14,292
Page 11
GOLFSHAKE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 27,657 | 6,345
| Other taxation and social security | - | 2,885
| Accruals and deferred income | 4,768 | 4,639
|  | 32,425 | 13,869
9. | Deferred taxation
|  | 2025
|  | £
| At beginning of year | 26,269
| Charged to profit or loss | 2,406
| At end of year | 28,675
| The deferred tax asset is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Accelerated capital allowances | (5,557) | (768)
| Tax losses carried forward | 34,232 | 27,037
|  | 28,675 | 26,269
10. | Pension commitments
The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £2,737 (2024 - £2,737).
11. | Commitments under operating leases
| The Company had no commitments under non-cancellable operating leases at the reporting date.
Page 12
GOLFSHAKE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
12. | Related party transactions
| During the year, Golfbreaks Limited, a 50% shareholder, paid expenses in the normal course of business of £102,565 (2024 - £102,327) on the Company's behalf. The Company made sales of £54,000 (2024 - £71,250) to Golfbreaks Limited during the year. The transactions were undertaken on an arms length basis. As at 30 April 2025 £23,659 (2024 - £Nil) is included in trade creditors and owed to Golfbreaks Limited, and £Nil (2024 - £Nil) is included in trade debtors due from Golfbreaks Limited. Mr G Proddow, a director of the Company, is also a director of Golfbreaks Limited.
13. | Controlling party
In the opinion of the directors, there is no single controlling party.
Page 13