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Registered number: 10097310
CMW Golf Equipment Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Clouders (Audit & Accounts) Ltd
Charter House, 103-105 Leigh Road
Leigh-On-Sea
Essex
SS9 1JL
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10097310
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investments 4 440,796 422,397
440,796 422,397
CURRENT ASSETS
Debtors 5 6,704 -
Investments 6 606,741 606,741
Cash at bank and in hand 989,337 593,321
1,602,782 1,200,062
Creditors: Amounts Falling Due Within One Year 7 (1,364,920 ) (982,768 )
NET CURRENT ASSETS (LIABILITIES) 237,862 217,294
TOTAL ASSETS LESS CURRENT LIABILITIES 678,658 639,691
NET ASSETS 678,658 639,691
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Share premium account 294,750 294,750
Profit and Loss Account 382,908 343,941
SHAREHOLDERS' FUNDS 678,658 639,691
Page 1
Page 2
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Wayne Wilson
Director
10/06/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
CMW Golf Equipment Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10097310 . The registered office is 105 Leigh Road, Leigh-On-Sea, Essex, SS9 1JL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Taxation
Corporation tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
Page 3
Page 4
4. Investments
Listed
£
Cost
As at 1 January 2025 422,397
Revaluations 18,399
As at 31 December 2025 440,796
Provision
As at 1 January 2025 -
As at 31 December 2025 -
Net Book Value
As at 31 December 2025 440,796
As at 1 January 2025 422,397
5. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income 6,704 -
6. Current Asset Investments
2025 2024
£ £
Shares in subsidiaries 606,741 606,741
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Corporation tax 5,145 1,358
Accrued expenses 558 528
Directors' loan accounts 91 91
Amounts owed to other participating interests 1,359,126 980,791
1,364,920 982,768
Page 4
Page 5
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,000 1,000
9. Dividends
2025 2024
£ £
On equity shares:
Interim dividend paid 116,200 302,200
Page 5