REGISTERED NUMBER: 08727073 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

PLAY MORE GOLF LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Directors:

D Murray

C C Riklin

L Sinclair

A G H Sinclair

B Chard

Registered office:

Bloxham Mill

Barford Road

Bloxham

Banbury

Oxfordshire

OX15 4FF

Registered number:

08727073 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Fixed assets

Computer software

4

351,043

340,758

Tangible assets

5

1,776

1,611

352,819

342,369

Current assets

Debtors

6

258,114

195,556

Cash at bank

410,187

302,998

668,301

498,554

Creditors

Amounts falling due within one year

7

1,001,147

910,836

Net current liabilities

(332,846

)

(412,282

)

Total assets less current liabilities

19,973

(69,913

)

Creditors

Amounts falling due after more than one year

8

14,167

24,167

Net assets/(liabilities)

5,806

(94,080

)

Capital and reserves

Called up share capital

665,346

665,346

Share premium

9

782,256

782,256

Retained earnings

9

(1,441,796

)

(1,541,682

)

Shareholders' funds

5,806

(94,080

)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 December 2025 and were signed on its behalf by:

L Sinclair - Director

1.	Statutory information

Play More 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of four years.

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

-

25% on cost

Computer equipment

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

The directors have made an assessment of the company's ability to continue as a going concern and are satisfied that there are at present no material uncertainties that may cast a significant doubt on the ability of the company to continue as a going concern for the foreseeable future.

3.	Employees and directors

The average number of employees during the year was 15 (2023 - 19 ) .

4.	Intangible fixed assets

Computer

software

£

Cost

At 1 January 2024

994,268

Additions

171,614

Disposals

(19,150

)

At 31 December 2024

1,146,732

Amortisation

At 1 January 2024

653,510

Amortisation for year

161,329

Eliminated on disposal

(19,150

)

At 31 December 2024

795,689

Net book value

At 31 December 2024

351,043

At 31 December 2023

340,758

5.	Tangible fixed assets

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

Cost

At 1 January 2024

6,586

15,671

22,257

Additions

441

798

1,239

Disposals

(3,929

)

(5,089

)

(9,018

)

At 31 December 2024

3,098

11,380

14,478

Depreciation

At 1 January 2024

6,586

14,060

20,646

Charge for year

27

1,047

1,074

Eliminated on disposal

(3,929

)

(5,089

)

(9,018

)

At 31 December 2024

2,684

10,018

12,702

Net book value

At 31 December 2024

414

1,362

1,776

At 31 December 2023

-

1,611

1,611

6.

Debtors: amounts falling due within one year

2024

2023

£

£

Trade debtors

34,768

38,521

Other debtors

70,178

119,975

Tax

128,064

17,268

Prepayments and accrued income

25,104

19,792

258,114

195,556

7.

Creditors: amounts falling due within one year

2024

2023

£

£

Trade creditors

24,697

12,094

Social security and other taxes

20,448

20,403

VAT

20,512

19,427

Other creditors

894,959

832,534

Directors' current accounts

331

589

Accruals and deferred income

40,200

25,789

1,001,147

910,836

8.

Creditors: amounts falling due after more than one year

2024

2023

£

£

Other loans - 1-2 years

14,167

24,167

9.

Reserves

Retained

Share

earnings

premium

Totals

£

£

£

At 1 January 2024

(1,541,682

)

782,256

(759,426

)

Profit for the year

99,886

99,886

At 31 December 2024

(1,441,796

)

782,256

(659,540

)

10.	Ultimate controlling party

There is no ultimate controlling party.