REGISTERED NUMBER: 07731324 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

P & S Golf Course Management Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Directors:

Mrs S Creighton

P Middleton

Secretary:

Mrs S Creighton

Registered office:

10 The Southend

Ledbury

Herefordshire

HR8 2EY

Registered number:

07731324 (England and Wales)

Accountants:

Crowthers Chartered Accountants

10 The Southend

Ledbury

Herefordshire

HR8 2EY

FIXED ASSETS

Property, plant and equipment

4

82,085

87,300

CURRENT ASSETS

Inventories

27,873

23,549

Debtors

5

54,724

66,034

Cash at bank

72,404

97,593

155,001

187,176

CREDITORS

Amounts falling due within one year

6

213,152

202,542

NET CURRENT LIABILITIES

(58,151

)

(15,366

)

TOTAL ASSETS LESS CURRENT LIABILITIES

23,934

71,934

CREDITORS

Amounts falling due after more than one year

7

-

(7,033

)

PROVISIONS FOR LIABILITIES

(19,182

)

(21,371

)

NET ASSETS

4,752

43,530

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

4,652

43,430

4,752

43,530

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 14 May 2026 and were signed on its behalf by:

Mrs S Creighton - Director

P Middleton - Director

1.	STATUTORY INFORMATION

P & S Golf Course Management 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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

Revenue 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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on cost

Stocks

Inventories 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 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 10 (2024 - 10 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

Cost

At 1 September 2024

152,346

Additions

13,592

Disposals

(7,405

)

At 31 August 2025

158,533

Depreciation

At 1 September 2024

65,046

Charge for year

14,117

Eliminated on disposal

(2,715

)

At 31 August 2025

76,448

Net book value

At 31 August 2025

82,085

At 31 August 2024

87,300

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

15,941

29,811

Other debtors

20,000

20,000

Prepayments

18,783

16,223

54,724

66,034

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

8,352

10,332

Trade creditors

30,744

26,735

Tax

47,061

38,729

Social security and other taxes

31,977

33,604

Other creditors

1,248

1,395

Directors' current accounts

25,890

22,280

Accruals and deferred income

53,254

55,142

Accrued expenses

14,626

14,325

213,152

202,542

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

-

7,033

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

53,260

54,160

Between one and five years

208,000

209,260

In more than five years

104,000

156,000

365,260

419,420

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included within creditors is £25,890 (2024: £22,280) owed to the Directors of the company, the loans are unsecured, interest free and repayable on demand.