Brian Hodgkinson Golfshop Limited 31/03/2025 iXBRL

Company registration number: 07974753

Brian Hodgkinson Golfshop Limited

Unaudited filleted financial statements

31 March 2025

Brian Hodgkinson Golfshop Limited

Contents

Directors and other information

Accountants report

Statement of financial position

Notes to the financial statements

Brian Hodgkinson Golfshop Limited

Directors and other information


	Directors	Mr Gregg Pettersen


	Company number	07974753


	Registered office	Crossens Way
		Southport
		Merseyside
		PR9 9LY


	Business address	Royal Birkdale Golf Club
		Waterloo Road
		Birkdale
		Southport
		PR8 2LX


	Accountants	Forshaws Accountants Limited
		Crossens Way
		Southport
		Merseyside
		PR9 9LY

Brian Hodgkinson Golfshop Limited

Chartered accountants report to the board of directors on the preparation of the

unaudited statutory financial statements of Brian Hodgkinson Golfshop Limited

Year ended 31 March 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 Brian Hodgkinson Golfshop Limited for the year ended 31 March 2025 which comprise the statement of financial position and 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 http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the board of directors of Brian Hodgkinson Golfshop Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Brian Hodgkinson Golfshop Limited and state those matters that we have agreed to state to the board of directors of Brian Hodgkinson Golfshop Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Brian Hodgkinson Golfshop Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that Brian Hodgkinson Golfshop 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 profit of Brian Hodgkinson Golfshop Limited. You consider that Brian Hodgkinson Golfshop Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Brian Hodgkinson Golfshop 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.

Forshaws Accountants Limited

Chartered Accountants

Crossens Way

Southport

Merseyside

PR9 9LY

12 December 2025

Brian Hodgkinson Golfshop Limited

Statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	7,642		10,616
		_______		_______
			7,642		10,616

Current assets
Stocks		354,241		349,617
Debtors	6	65,960		77,434
Cash at bank and in hand		59,290		65,515
		_______		_______
		479,491		492,566
Creditors: amounts falling due
within one year	7	( 241,054)		( 258,180)
		_______		_______
Net current assets			238,437		234,386
			_______		_______
Total assets less current liabilities			246,079		245,002

Creditors: amounts falling due
after more than one year	8		( 1,573)		( 11,772)
			_______		_______
Net assets			244,506		233,230
			_______		_______

Capital and reserves
Called up share capital	9		1		1
Profit and loss account			244,505		233,229
			_______		_______
Shareholders funds			244,506		233,230
			_______		_______

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.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 12 December 2025 , and are signed on behalf of the board by:

Mr Gregg Pettersen

Director

Company registration number: 07974753

Brian Hodgkinson Golfshop Limited

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England. The address of the registered office is Crossens Way, Southport, Merseyside, PR9 9LY.

The principal activity of the company is the retail of golf equipment.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully.Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.Thus, they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Fittings fixtures and equipment	-	15 %	reducing balance
Motor vehicles	-	25 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 5 (2024: 5 ).

5. Tangible assets

	Fixtures, fittings and equipment	Computer equipment	Total
	£	£	£
Cost
At 1 April 2024 and 31 March 2025	55,058	258	55,316
	_______	_______	_______
Depreciation
At 1 April 2024	44,545	155	44,700
Charge for the year	2,888	86	2,974
	_______	_______	_______
At 31 March 2025	47,433	241	47,674
	_______	_______	_______
Carrying amount
At 31 March 2025	7,625	17	7,642
	_______	_______	_______
At 31 March 2024	10,513	103	10,616
	_______	_______	_______

6. Debtors

	2025	2024
	£	£
Trade debtors	65,047	76,742
Other debtors	913	692
	_______	_______
	65,960	77,434
	_______	_______

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	10,648	10,648
Trade creditors	115,888	137,057
Amounts owed to group undertakings and undertakings in which the company has a participating interest	468	17
Corporation tax	54,045	44,974
Social security and other taxes	23,152	26,520
Other creditors	36,853	38,964
	_______	_______
	241,054	258,180
	_______	_______

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	1,573	11,772
	_______	_______

9. Called up share capital

Issued, called up and fully paid

	2025		2024
	No	£	No	£
Ordinary shares of £ 1.00 each	1	1	1	1
	_______	_______	_______	_______

10. Related party transactions

In line with the requirements of FRS102, the company has not disclosed transactions with its parent company GGP Golf Limited.

11. Controlling party

The controlling interest is held by Mr and Mrs G Pettersen by virtue of their interest in 100% of the issued ordinary share capital of the parent company.