REGISTERED NUMBER: 08326590 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

SHEFFIELD PRO GOLF LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J D Hinchliffe

P J Ritchie

B Hinchliffe

J Ritchie

SECRETARY:

J D Hinchliffe

REGISTERED OFFICE:

Medina House

2 Station Avenue

Bridlington

East Yorkshire

YO16 4LZ

REGISTERED NUMBER:

08326590 (England and Wales)

ACCOUNTANTS:

Lloyd Dowson Limited

Medina House

2 Station Avenue

Bridlington

East Yorkshire

YO16 4LZ

FIXED ASSETS

Intangible assets

4

80,638

89,415

Tangible assets

5

248,464

184,184

Investments

6

223,187

-

552,289

273,599

CURRENT ASSETS

Stocks

739,359

688,893

Debtors

7

204,601

220,512

Cash at bank and in hand

134,739

582,697

1,078,699

1,492,102

CREDITORS

Amounts falling due within one year

8

376,629

506,639

NET CURRENT ASSETS

702,070

985,463

TOTAL ASSETS LESS CURRENT LIABILITIES

1,254,359

1,259,062

PROVISIONS FOR LIABILITIES

61,261

42,521

NET ASSETS

1,193,098

1,216,541

CAPITAL AND RESERVES

Called up share capital

9

200

200

Retained earnings

1,192,898

1,216,341

SHAREHOLDERS' FUNDS

1,193,098

1,216,541

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 24 April 2026 and were signed on its behalf by:

J D Hinchliffe - Director

P J Ritchie - Director

1.	STATUTORY INFORMATION

Sheffield Pro Golf 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 relates to retail sales and driving range income and is recognised as merchandise or services are supplied.

Goodwill

Goodwill, being the amount paid in connection with acquisitions in 2013 and 2019, is being amortised evenly over their estimated useful life of ten years.

Intangible assets

A website, being the amount paid in connection with acquisitions made in 2025 is being amortised evenly over its estimated useful life of three years

Investments

Investments are shown at their most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Statement of Income and Retained Earnings.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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 the Statement of Income and Retained Earnings on a straight-line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company has implemented automatic enrolment into a workplace pension in relation to all employees. All contributions payable for the year are charged to the Statement of Income and Retained Earnings in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2024 - 23 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 January 2025

259,994

-

259,994

Additions

-

12,500

12,500

At 31 December 2025

259,994

12,500

272,494

AMORTISATION

At 1 January 2025

170,579

-

170,579

Charge for year

18,499

2,778

21,277

At 31 December 2025

189,078

2,778

191,856

NET BOOK VALUE

At 31 December 2025

70,916

9,722

80,638

At 31 December 2024

89,415

-

89,415

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2025

53,228

383,388

436,616

Additions

-

105,327

105,327

At 31 December 2025

53,228

488,715

541,943

DEPRECIATION

At 1 January 2025

14,876

237,556

252,432

Charge for year

2,661

38,386

41,047

At 31 December 2025

17,537

275,942

293,479

NET BOOK VALUE

At 31 December 2025

35,691

212,773

248,464

At 31 December 2024

38,352

145,832

184,184

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

Additions

223,187

At 31 December 2025

223,187

NET BOOK VALUE

At 31 December 2025

223,187

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

31,431

44,528

Other debtors

173,170

175,984

204,601

220,512

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

86,855

117,015

Amounts owed to associates

25,818

129,785

Taxation and social security

115,619

168,602

Other creditors

148,337

91,237

376,629

506,639

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

100

Ordinary

£1

100

100

51

Ordinary A

£1

51

51

25

Ordinary B

£1

25

25

24

Ordinary C

£1

24

24

200

200