REGISTERED NUMBER: 06594356 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 October 2025

for

Golf Cafe Bars Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Investment property

4

449,666

449,666

CURRENT ASSETS

Debtors

5

234

3,693

Cash at bank

61,513

13,324

61,747

17,017

CREDITORS

Amounts falling due within one year

6

39,837

30,187

NET CURRENT ASSETS/(LIABILITIES)

21,910

(13,170

)

TOTAL ASSETS LESS CURRENT LIABILITIES

471,576

436,496

CREDITORS

Amounts falling due after more than one year

7

837,840

843,861

NET LIABILITIES

(366,264

)

(407,365

)

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

(366,464

)

(407,565

)

(366,264

)

(407,365

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 October 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 20 April 2026 and were signed on its behalf by:

W Parkinson - Director

1.	STATUTORY INFORMATION

Golf Cafe Bars Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

06594356

Registered office:

Apartment 9

Castle Lodge

Castle Road

Wakefield

WF2 7LZ

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.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 31 October 2024

and 30 October 2025

449,666

NET BOOK VALUE

At 30 October 2025

449,666

At 30 October 2024

449,666

The directors are of the opinion that the Land and Buildings are worth in the region of £1,100,000 based on the rental yields.

The company has spent a total of £728,437 on the property to date.

The current value in the accounts is £449,666 and the company has previously written off £278,771 as depreciation.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

3,472

Other debtors

234

221

234

3,693

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans & overdrafts (see note 8)

2,300

3,694

Other taxation & social security

5,512

2,115

Other creditors

32,025

24,378

39,837

30,187

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 8)

681,318

683,861

Other creditors

156,522

160,000

837,840

843,861

8.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans

2,300

3,694

Amounts falling due between two and five years:

Bank loans - 2-5 years

681,318

683,861

The amounts due on the bank loan is secured on the land and buildings owned by the company.

9.	DIRECTOR TRANSACTIONS

Included within other creditors is a balance owed to the directors totalling £156,522 (2024: £163,978).

This balance is interest free and has no set terms of repayment.

10.	GOING CONCERN

The company balance sheet shows the company is insolvent in the amount of £366,264 (2024: £407,365).

However the directors loan account stands at £156,522 and this has been deferred indefinitely. The directors are of the opinion that the company property is worth significantly more at a balance sheet value of £449,666.

The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and therefore continue to adopt the going concern basis of accounting in preparing the financial statements.