Clubface-Book Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—4

Registered number: 9853555

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		6,538		37,638
Tangible Assets	5		796		445

			7,334		38,083
CURRENT ASSETS
Cash at bank and in hand		-		546

		-		546
Creditors: Amounts Falling Due Within One Year	6	(669,531 )		(648,084 )

NET CURRENT ASSETS (LIABILITIES)			(669,531 )		(647,538 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(662,197 )		(609,455 )

NET LIABILITIES			(662,197 )		(609,455 )

CAPITAL AND RESERVES
Called up share capital	7		10,000		10,000
Profit and Loss Account			(672,197 )		(619,455 )

SHAREHOLDERS' FUNDS			(662,197)		(609,455)

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

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

The directors acknowledge their 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

Mr Paul McEldon

Director

17 December 2025

The notes on pages 2 to 4 form part of these financial statements.

1. General Information

Clubface-Book Limited is a private company, limited by shares, incorporated in England & Wales, registered number 9853555 . The registered office is 58 Bath Street, Gravesend, Kent, DA11 0DF.

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. Going Concern Disclosure

The financial statements have been prepared on the going concern basis. This assumes that the company will continue in operational existence for the foreseeable future.

At the balance sheet date, the company’s liability for the period ended 31 March 2024 exceeds its assets. The directors of the company has sought assurance from the creditors that their debts will not be called in within the next twelve months.

The directors have therefore deemed it appropriate that the financial statements be prepared on the going concern basis.

2.3. 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.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

Intangible assets comprise the costs of developing the company's website, https://clubface-golf.com/, the golf

social network.

Amortisation is provided on a straight line basis, to write of the costs over 3 years on a straight line basis.

2.5. 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:

Fixtures & Fittings	15% on reducing balance
Computer Equipment	3 years straight line

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

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Clubface-Book Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Intangible Assets

	Other
	£
Cost
As at 1 April 2024	283,402

As at 31 March 2025	283,402

Amortisation
As at 1 April 2024	245,764
Provided during the period	31,100

As at 31 March 2025	276,864

Net Book Value
As at 31 March 2025	6,538

As at 1 April 2024	37,638

5. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2024	1,385	10,842	12,227
Additions	-	627	627

As at 31 March 2025	1,385	11,469	12,854

Depreciation
As at 1 April 2024	940	10,842	11,782
Provided during the period	67	209	276

As at 31 March 2025	1,007	11,051	12,058

Net Book Value
As at 31 March 2025	378	418	796

As at 1 April 2024	445	-	445

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	1,188	2,656
Bank loans and overdrafts	485	-
Other taxes and social security	181	251
VAT	1,742	1,181
Net wages	2,328	228
Other creditors	491,633	491,633
Other creditors (1)	34,321	34,321
Other creditors (2)	10,000	-
Accruals and deferred income	10,483	6,483
Directors' loan accounts	117,170	111,331

	669,531	648,084

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Clubface-Book Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
1,000,000 Ordinary Shares of £ 0.010 each	10,000	10,000

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