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Registered number: 13766450
Swish Global Golf Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2025
Digital Accounting Enterprises Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13766450
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 15,537 16,527
15,537 16,527
CURRENT ASSETS
Stocks 5 150 1,400
Debtors 6 52,492 4,004
Cash at bank and in hand 13,524 23,881
66,166 29,285
Creditors: Amounts Falling Due Within One Year 7 (30,688 ) (11,798 )
NET CURRENT ASSETS (LIABILITIES) 35,478 17,487
TOTAL ASSETS LESS CURRENT LIABILITIES 51,015 34,014
Creditors: Amounts Falling Due After More Than One Year 8 (130,587 ) (98,197 )
NET LIABILITIES (79,572 ) (64,183 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (79,672 ) (64,283 )
SHAREHOLDERS' FUNDS (79,572) (64,183)
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Page 2
For the year ending 30 November 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
Mrs Natalia Reeves
Director
05/01/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Swish Global Golf Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13766450 . The registered office is 22 Windmill Avenue, Bicester, OX26 3DX.
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 4 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.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 December 2024 31,314
Additions 9,118
As at 30 November 2025 40,432
Depreciation
As at 1 December 2024 14,787
Provided during the period 10,108
As at 30 November 2025 24,895
...CONTINUED
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Net Book Value
As at 30 November 2025 15,537
As at 1 December 2024 16,527
5. Stocks
2025 2024
£ £
Stock 150 1,400
6. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income 42,930 -
Other debtors 9,562 3,565
VAT - 439
52,492 4,004
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 25,116 7,643
Other loans 3,645 3,645
Other taxes and social security 17 165
VAT 1,910 -
Other creditors - 345
30,688 11,798
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other loans 109,975 79,975
Directors loan account 20,612 18,222
130,587 98,197
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
10. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans from directors:
At the balance sheet date, the company owed the directors’ £20,612. This loan is unsecured, interest
free and repayable on demand.
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