REGISTERED NUMBER: 08252675 (England and Wales)

Unaudited Financial Statements

for the Period 29 March 2024 to 31 March 2025

for

NASH Golf Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr N C Smith

Mr A J Hickling

SECRETARY:

REGISTERED OFFICE:

12 West Links

Tollgate

Chandlers Ford

Eastleigh

Hampshire

SO53 3TG

REGISTERED NUMBER:

08252675 (England and Wales)

ACCOUNTANTS:

Talbot Accounting Solutions LLP

Bartley Cottage

Ringwood Road

Bartley

Southampton

Hampshire

SO40 7LD

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

29,981

17,090

29,981

17,090

CURRENT ASSETS

Stocks

109,517

49,342

Debtors

6

26,013

2,667

Cash at bank

80,180

87,331

215,710

139,340

CREDITORS

Amounts falling due within one year

7

191,391

52,568

NET CURRENT ASSETS

24,319

86,772

TOTAL ASSETS LESS CURRENT LIABILITIES

54,300

103,862

PROVISIONS FOR LIABILITIES

5,155

4,273

NET ASSETS

49,145

99,589

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

49,143

99,587

49,145

99,589

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2025 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 17 December 2025 and were signed on its behalf by:

Mr A J Hickling - Director

Mr N C Smith - Director

1.	STATUTORY INFORMATION

NASH 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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Intangible fixed assets

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of ten years.

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write of the assets over their estimated useful lives:

Fixtures & fittings

15% Reducing Balance

Computer equipment

15% Reducing Balance and 20% Straight Line Basis

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Financial Assets

The company has elected to apply thc provisions of Section 1.1 - Basic Financial Instruments and Section 12 - Other Financial Instruments.

Issues of FRS 102 to all of its financial instruments

Financial assets are recognised in the company statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other receivables and cash and bank balances are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the fixture receipts discounted at a market rate of interest.

Financial liabilities

Basic financial liabilities, which include trade and other payables, are initially measured at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Equity instruments

Equity instruments issued by the company are recorded at the fair value of the proceeds received net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Taxation

Taxation for the period 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 period 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 6 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 29 March 2024

and 31 March 2025

50,000

AMORTISATION

At 29 March 2024

and 31 March 2025

50,000

NET BOOK VALUE

At 31 March 2025

-

At 28 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 29 March 2024

37,046

Additions

28,448

At 31 March 2025

65,494

DEPRECIATION

At 29 March 2024

19,956

Charge for period

15,557

At 31 March 2025

35,513

NET BOOK VALUE

At 31 March 2025

29,981

At 28 March 2024

17,090

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

28.3.24

£

£

Trade debtors

-

2,667

Other debtors

26,013

-

26,013

2,667

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

28.3.24

£

£

Trade creditors

137,110

-

Amounts owed to group undertakings

-

6,703

Taxation and social security

15,452

38,615

Other creditors

38,829

7,250

191,391

52,568