Licata Golf Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 11816819

		31 January 2025		28 February 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		13,087		19,318

			13,087		19,318
CURRENT ASSETS
Stocks	5	38,950		55,000
Debtors	6	13,834		3,319
Cash at bank and in hand		46,507		32,903

		99,291		91,222
Creditors: Amounts Falling Due Within One Year	7	(18,437 )		(24,047 )

NET CURRENT ASSETS (LIABILITIES)			80,854		67,175

TOTAL ASSETS LESS CURRENT LIABILITIES			93,941		86,493

Creditors: Amounts Falling Due After More Than One Year	8		(2,933 )		(3,724 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(2,487 )		(3,671 )

NET ASSETS			88,521		79,098

CAPITAL AND RESERVES
Called up share capital	9		1		1
Profit and Loss Account			88,520		79,097

SHAREHOLDERS' FUNDS			88,521		79,098

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Licata Golf Ltd

Balance Sheet (continued)

As At 31 January 2025

For the period ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

G F Licata

Director

31 October 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Licata Golf Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11816819 . The registered office is Filton Professional Shop, Golf Course Lane, Filton, Golf Course Lane, Bristol, BS34 7QS.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	3 years straight line
Fixtures & Fittings	3 years straight line
Computer Equipment	3 years straight line

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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Licata Golf Ltd

Notes to the Financial Statements (continued)

For the Period 29 February 2024 to 31 January 2025

2.5. Taxation

Income tax expense represents the sum of the tax currently payable tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Current tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 3 (2024: 3)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 29 February 2024	20,715	9,985	2,332	33,032
Additions	313	-	-	313

As at 31 January 2025	21,028	9,985	2,332	33,345

Depreciation
As at 29 February 2024	8,614	3,961	1,139	13,714
Provided during the period	4,138	2,008	398	6,544

As at 31 January 2025	12,752	5,969	1,537	20,258

Net Book Value
As at 31 January 2025	8,276	4,016	795	13,087

As at 29 February 2024	12,101	6,024	1,193	19,318

5. Stocks

	31 January 2025	28 February 2024
	£	£
Stock	38,950	55,000

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Licata Golf Ltd

Notes to the Financial Statements (continued)

For the Period 29 February 2024 to 31 January 2025

6. Debtors

	31 January 2025	28 February 2024
	£	£
Due within one year
Trade debtors	724	3,319
Other debtors	13,110	-

	13,834	3,319

7. Creditors: Amounts Falling Due Within One Year

	31 January 2025	28 February 2024
	£	£
Trade creditors	2,477	14,076
Other taxes and social security	14,111	3,991
Other creditors	-	4,330
Accruals and deferred income	1,849	1,650

	18,437	24,047

8. Creditors: Amounts Falling Due After More Than One Year

	31 January 2025	28 February 2024
	£	£
Other creditors	2,933	3,724

9. Share Capital

	31 January 2025	28 February 2024
	£	£
Allotted, Called up and fully paid	1	1

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