REGISTERED NUMBER: 11710009 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Golf Entertainments Operations Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr N C F Dainton

Mr C S Foreman

Mr R J Kensey

Lumleys.net (Uk) Limited

REGISTERED OFFICE:

Hillview

Farleigh Road

Cliddesden

Basingstoke

Hampshire

RG25 2JL

REGISTERED NUMBER:

11710009 (England and Wales)

ACCOUNTANTS:

Lane Monnington Welton

Chartered Accountants

Riverside View

Basing Road

Old Basing

Basingstoke

Hampshire

RG24 7AL

FIXED ASSETS

Tangible assets

4

657,174

746,379

CURRENT ASSETS

Stocks

56,050

57,375

Debtors

5

27,495

113,791

Cash at bank

156,229

54,888

239,774

226,054

CREDITORS

Amounts falling due within one year

6

623,877

669,588

NET CURRENT LIABILITIES

(384,103

)

(443,534

)

TOTAL ASSETS LESS CURRENT LIABILITIES

273,071

302,845

PROVISIONS FOR LIABILITIES

8

64,510

91,363

NET ASSETS

208,561

211,482

CAPITAL AND RESERVES

Called up share capital

9

4

4

Retained earnings

208,557

211,478

SHAREHOLDERS' FUNDS

208,561

211,482

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 January 2026 and were signed on its behalf by:

Mr N C F Dainton - Director

1.	STATUTORY INFORMATION

Golf Entertainments Operations 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.

Tangible fixed assets

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

Plant and machinery

-

10% on cost

Fixtures and fittings

-

33% on reducing balance

Computer equipment

-

33% on cost

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

Debtors and creditors payable/receivable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings

Loans and borrowings are initially recognised at the transaction price, including transaction costs. Subsequently they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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, adjusted for indexation where applicable.

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.

Impairment

Assets not measured at fair value are reviewed for any indication that an asset may be impaired at each balance sheet date. The directors review the carrying amount of the relevant assets and compare them to their market values and recoverable amounts. Where the carrying amount exceeds this, an impairment loss is recognised in profit or loss, unless the asset is carried at a revalued amount, where the impairment loss is a revaluation decrease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2024 - 19 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2025

1,105,011

10,793

9,972

1,125,776

Additions

25,489

-

-

25,489

At 31 December 2025

1,130,500

10,793

9,972

1,151,265

DEPRECIATION

At 1 January 2025

362,815

8,237

8,345

379,397

Charge for year

113,049

844

801

114,694

At 31 December 2025

475,864

9,081

9,146

494,091

NET BOOK VALUE

At 31 December 2025

654,636

1,712

826

657,174

At 31 December 2024

742,196

2,556

1,627

746,379

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Other debtors

27,495

113,791

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts (see note 7)

-

3,173

Trade creditors

17,182

16,656

Taxation and social security

26,102

21,993

Other creditors

580,593

627,766

623,877

669,588

7.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.12.25

31.12.24

£

£

Net obligations repayable:

Within one year

-

3,173

Non-cancellable

operating leases

31.12.25

31.12.24

£

£

Within one year

97,017

97,017

Between one and five years

743,768

836,674

840,785

933,691

8.	PROVISIONS FOR LIABILITIES

31.12.25

31.12.24

£

£

Deferred tax

64,510

91,363

Deferred

tax

£

Balance at 1 January 2025

91,363

Accelerated capital allowances

(26,853

)

Balance at 31 December 2025

64,510

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

400

Ordinary

£0.01

4

4

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included within other debtors is an amount owed from one of the directors totalling £20,000 (2024: £Nil). This amount is interest free and repayable on demand.

11.	PARENT COMPANY

The parent company is Golf Entertainments Holdings Limited and the company registered office address is Hillview, Farleigh Road, Cliddesden, Basingstoke, RG25 2JL.