IRIS Accounts Production v25.4.0.155 12455002 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false false true false Ordinary 0.01000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 12455002 2024-03-31 12455002 2025-03-31 12455002 2024-04-01 2025-03-31 12455002 2023-03-31 12455002 2023-04-01 2024-03-31 12455002 2024-03-31 12455002 ns15:EnglandWales 2024-04-01 2025-03-31 12455002 ns14:PoundSterling 2024-04-01 2025-03-31 12455002 ns10:Director1 2024-04-01 2025-03-31 12455002 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 12455002 ns10:SmallEntities 2024-04-01 2025-03-31 12455002 ns10:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 12455002 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 12455002 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 12455002 ns10:FullAccounts 2024-04-01 2025-03-31 12455002 1 2024-04-01 2025-03-31 12455002 ns10:OrdinaryShareClass1 2024-04-01 2025-03-31 12455002 ns10:Director2 2024-04-01 2025-03-31 12455002 ns10:Director3 2024-04-01 2025-03-31 12455002 ns10:RegisteredOffice 2024-04-01 2025-03-31 12455002 ns5:CurrentFinancialInstruments 2025-03-31 12455002 ns5:CurrentFinancialInstruments 2024-03-31 12455002 ns5:Non-currentFinancialInstruments 2025-03-31 12455002 ns5:Non-currentFinancialInstruments 2024-03-31 12455002 ns5:ShareCapital 2025-03-31 12455002 ns5:ShareCapital 2024-03-31 12455002 ns5:SharePremium 2025-03-31 12455002 ns5:SharePremium 2024-03-31 12455002 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 12455002 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 12455002 ns5:IntangibleAssetsOtherThanGoodwill 2024-04-01 2025-03-31 12455002 ns5:ComputerSoftware 2024-04-01 2025-03-31 12455002 ns5:LeaseholdImprovements 2024-04-01 2025-03-31 12455002 ns5:PlantMachinery 2024-04-01 2025-03-31 12455002 ns5:FurnitureFittings 2024-04-01 2025-03-31 12455002 ns5:ComputerEquipment 2024-04-01 2025-03-31 12455002 ns5:IntangibleAssetsOtherThanGoodwill 2024-03-31 12455002 ns5:IntangibleAssetsOtherThanGoodwill 2025-03-31 12455002 ns5:IntangibleAssetsOtherThanGoodwill 2024-03-31 12455002 ns5:LeaseholdImprovements 2024-03-31 12455002 ns5:PlantMachinery 2024-03-31 12455002 ns5:FurnitureFittings 2024-03-31 12455002 ns5:ComputerEquipment 2024-03-31 12455002 ns5:LeaseholdImprovements 2025-03-31 12455002 ns5:PlantMachinery 2025-03-31 12455002 ns5:FurnitureFittings 2025-03-31 12455002 ns5:ComputerEquipment 2025-03-31 12455002 ns5:LeaseholdImprovements 2024-03-31 12455002 ns5:PlantMachinery 2024-03-31 12455002 ns5:FurnitureFittings 2024-03-31 12455002 ns5:ComputerEquipment 2024-03-31 12455002 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 12455002 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 12455002 ns10:OrdinaryShareClass1 2025-03-31

REGISTERED NUMBER: 12455002 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 March 2025 |

| for |

| Virtually Golf Ltd |

| Virtually Golf Ltd (Registered number: 12455002) |

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

| Company Information | 1 |

| Chartered Accountants' Report | 2 |

| Balance Sheet | 3 |

| Notes to the Financial Statements | 4 |

| Virtually Golf Ltd |

Company Information

for the Year Ended 31 March 2025

| DIRECTORS: | Mr S L Clark

| Mrs C D Clark

| Mr M Billson

| REGISTERED OFFICE: | 15 Newland

| Lincoln

| Lincolnshire

| LN1 1XG

| REGISTERED NUMBER: | 12455002 (England and Wales)

| ACCOUNTANTS: | Wright Vigar Limited

| Chartered Accountants & Business Advisers

| 15 Newland

| Lincoln

| Lincolnshire

| LN1 1XG

Chartered Accountants' Report to the Board of Directors

on the Unaudited Financial Statements of

Virtually Golf Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Virtually Golf Ltd for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

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

It is your duty to ensure that Virtually Golf Ltd 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 Virtually Golf Ltd. You consider that Virtually Golf Ltd 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 Virtually Golf Ltd. 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.

Wright Vigar Limited

Chartered Accountants & Business Advisers

15 Newland

Lincoln

Lincolnshire

LN1 1XG

3 February 2026

| Virtually Golf Ltd (Registered number: 12455002) |

Balance Sheet

31 March 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 64,121 |  | 71,246 |  |

Tangible assets | 5 | 115,184 |  | 128,149 |  |

179,305 |  | 199,395 |  |

CURRENT ASSETS

Stocks | 25,200 |  | 4,500 |  |

Debtors | 6 | 63,358 |  | 55,826 |  |

Cash at bank and in hand | 275 |  | 21,092 |  |

88,833 |  | 81,418 |  |

CREDITORS

Amounts falling due within one year | 7 | 176,860 |  | 273,695 |  |

NET CURRENT LIABILITIES | (88,027 | ) | (192,277 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 91,278 |  | 7,118 |  |

CREDITORS

Amounts falling due after more than one year | 8 | 14,691 |  | 54,945 |  |

NET ASSETS/(LIABILITIES) | 76,587 |  | (47,827 | ) |

CAPITAL AND RESERVES

Called up share capital | 10 | 133 |  | 133 |  |

Share premium | 79,968 |  | 79,968 |  |

Retained earnings | (3,514 | ) | (127,928 | ) |

SHAREHOLDERS' FUNDS | 76,587 |  | (47,827 | ) |

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

The members have not required the company to obtain an audit of its financial statements for the year 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 3 February 2026 and were signed on its behalf by:

Mr S L Clark - Director

| Virtually Golf Ltd (Registered number: 12455002) |

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| Virtually Golf Ltd 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.

| At the year end net current liabilities exceeded net assets by £218,168 (2024: £192,277). The directors consider it appropriate to prepare the financial statements on a going concern basis and have pledged their support to the business should this be required.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Intangible assets

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

| Computer software is being amortised evenly over its estimated useful life of ten years.

| Tangible fixed assets

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

| Improvements to property | - | 10% on reducing balance

| Plant and machinery | - | 10% on reducing balance

| Fixtures and fittings | - | 10% on reducing balance

| Computer equipment | - | 25% on reducing balance and 10% on reducing balance

| 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

| The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

| Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

| For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

| 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 9 (2024 - 9 ) .

| Virtually Golf Ltd (Registered number: 12455002) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

4. | INTANGIBLE FIXED ASSETS

| Other

| intangible

| assets

£ |

| COST

| At 1 April 2024

| and 31 March 2025 | 86,675 |  |

| AMORTISATION

| At 1 April 2024 | 15,429 |  |

| Charge for year | 7,125 |  |

| At 31 March 2025 | 22,554 |  |

| NET BOOK VALUE

| At 31 March 2025 | 64,121 |  |

| At 31 March 2024 | 71,246 |  |

5. | TANGIBLE FIXED ASSETS

| Improvements |  | Fixtures |

| to |  | Plant and |  | and |  | Computer |

| property |  | machinery |  | fittings |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 April 2024 | 9,690 |  | 58,941 |  | 45,487 |  | 56,282 |  | 170,400 |  |

| Additions | - |  | - |  | 205 |  | 319 |  | 524 |  |

| At 31 March 2025 | 9,690 |  | 58,941 |  | 45,692 |  | 56,601 |  | 170,924 |  |

| DEPRECIATION

| At 1 April 2024 | 1,941 |  | 12,403 |  | 10,065 |  | 17,842 |  | 42,251 |  |

| Charge for year | 775 |  | 4,654 |  | 3,563 |  | 4,497 |  | 13,489 |  |

| At 31 March 2025 | 2,716 |  | 17,057 |  | 13,628 |  | 22,339 |  | 55,740 |  |

| NET BOOK VALUE

| At 31 March 2025 | 6,974 |  | 41,884 |  | 32,064 |  | 34,262 |  | 115,184 |  |

| At 31 March 2024 | 7,749 |  | 46,538 |  | 35,422 |  | 38,440 |  | 128,149 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other debtors | 63,358 |  | 55,826 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 23,882 |  | 59,732 |  |

| Trade creditors | 26,173 |  | 19,362 |  |

| Taxation and social security | 51,073 |  | 35,203 |  |

| Other creditors | 75,732 |  | 159,398 |  |

176,860 |  | 273,695 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans | 14,691 |  | 54,945 |  |

| Virtually Golf Ltd (Registered number: 12455002) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

9. | SECURED DEBTS

| The loans are secured against the assets of the company.

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 13,250 | Ordinary | 0.01 | 133 |  | 133 |  |