Company registration number: 02452429
Annual report and unaudited financial statements
for the year ended 31 December 2025
for
Golfguard Limited
Pages for filing with the Registrar
Company registration number: 02452429
Golfguard Limited
Balance sheet
as at 31 December 2025
2025 2024
Note £ £ £ £
Fixed assets
Intangible assets 4 10,975 12,675
Tangible assets 5 13,686 15,437
24,661 28,112
Current assets
Debtors 234,200 191,574
Cash at bank and in hand 327,773 622,367
561,973 813,941
Creditors: amounts falling due within one year
(280,823) (539,802)
Net current assets 281,150 274,139
Total assets less current liabilities 305,811 302,251
Provisions for liabilities (603) (921)
NET ASSETS 305,208 301,330
Capital and reserves
Called up share capital 950 950
Profit and loss account 304,258 300,380
TOTAL EQUITY 305,208 301,330
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 December 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 02452429
Golfguard Limited
Balance sheet - continued
as at 31 December 2025
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 1 June 2026 and signed on its behalf by:
M Belsey, Director
1 June 2026
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Golfguard Limited
Notes to the financial statements
for the year ended 31 December 2025
1 Company information
Golfguard Limited is a private company registered in England and Wales. Its registered number is 02452429. The company is limited by shares. Its registered office is Gotwick Farm, Holtye Road, East Grinstead, West Sussex, RH19 3PP.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill - 10% straight line
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Freehold property - Not depreciated. The directors consider the value to be at least equal to the cost.
Plant and machinery etc.:
Fixtures & fittings - 33% reducing balance
Computer equipment - 33% reducing balance
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Golfguard Limited
Notes to the financial statements - continued
for the year ended 31 December 2025
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, 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 taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 5 (2024 - 5).
4 Intangible assets
Goodwill
£
Cost
At 1 January 2025 17,000
At 31 December 2025 17,000
Amortisation
At 1 January 2025 4,325
Charge for year 1,700
At 31 December 2025 6,025
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Golfguard Limited
Notes to the financial statements - continued
for the year ended 31 December 2025
4 Intangible assets - continued
Net book value
At 31 December 2025 10,975
At 31 December 2024 12,675
5 Tangible fixed assets
Land and buildings
Plant and machinery etc.

Totals
£ £ £
Cost
At 1 January 2025 10,184 30,193 40,377
At 31 December 2025 10,184 30,193 40,377
Depreciation
At 1 January 2025 - 24,940 24,940
Charge for year - 1,751 1,751
At 31 December 2025 - 26,691 26,691
Net book value
At 31 December 2025 10,184 3,502 13,686
At 31 December 2024 10,184 5,253 15,437
6 Related party transactions
Debtors include an amount of £205,436 (2024 £178,834) due from Mead Sport and Leisure Limited. Creditors include a balance of £513 (2024 £1,121) due to M&EB Property Limited. Both companies have directors that are also appointments in Golfguard Limited.
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