| Amateur Golf Tour Limited |
| Registered number: |
08713147 |
| Balance Sheet |
| as at 31 October 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
94,155 |
|
|
- |
| Investments |
4 |
|
|
71,700 |
|
|
56,000 |
|
|
|
|
165,855 |
|
|
56,000 |
|
| Current assets |
| Stocks |
|
|
- |
|
|
740 |
| Debtors |
5 |
|
302,025 |
|
|
266,707 |
| Investments held as current assets |
6 |
|
57,536 |
|
|
67,147 |
| Cash at bank and in hand |
|
|
323,718 |
|
|
242,336 |
|
|
|
683,279 |
|
|
576,930 |
|
| Creditors: amounts falling due within one year |
7 |
|
(816,357) |
|
|
(604,572) |
|
| Net current liabilities |
|
|
|
(133,078) |
|
|
(27,642) |
|
| Total assets less current liabilities |
|
|
|
32,777 |
|
|
28,358 |
|
| Creditors: amounts falling due after more than one year |
8 |
|
|
- |
|
|
(5,851) |
|
|
|
| Net assets |
|
|
|
32,777 |
|
|
22,507 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
32,677 |
|
|
22,407 |
|
| Shareholders' funds |
|
|
|
32,777 |
|
|
22,507 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
| R Forno |
| Director |
| Approved by the board on 20 July 2026 |
|
| Amateur Golf Tour Limited |
| Notes to the Accounts |
| for the year ended 31 October 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. The majority of the turnover comprises the rendering of services. Turnover from the rendering of services is recognised by reference to the completion of the event. |
|
|
Investments |
|
Investments in listed investments and other investments are stated at cost. |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
5 |
|
5 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Motor vehicles |
| £ |
|
Cost |
|
Additions |
96,183 |
|
At 31 October 2025 |
96,183 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
Charge for the year |
2,028 |
|
At 31 October 2025 |
2,028 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 October 2025 |
94,155 |
|
|
| 4 |
Investments |
|
| Other |
| investments |
| £ |
|
Cost |
|
At 1 November 2024 |
56,000 |
|
Additions |
15,700 |
|
|
At 31 October 2025 |
71,700 |
|
|
| 5 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
25,155 |
|
24,739 |
|
Other debtors |
276,870 |
|
241,968 |
|
|
|
|
|
|
302,025 |
|
266,707 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Investments held as current assets |
2025 |
|
2024 |
| £ |
£ |
|
Cost |
|
Listed investments |
57,536 |
|
67,147 |
|
|
|
|
|
|
|
|
|
|
|
| 7 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loan |
5,826 |
|
10,000 |
|
Trade creditors |
156,530 |
|
47,104 |
|
Taxation and social security costs |
79,998 |
|
74,188 |
|
Other creditors |
574,003 |
|
473,280 |
|
|
|
|
|
|
816,357 |
|
604,572 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loan |
- |
|
5,851 |
|
|
|
|
|
|
|
|
|
|
| 9 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
| £ |
£ |
£ |
£ |
|
S Maylott |
|
Loan £8,000 |
7,640 |
|
- |
|
(2,160) |
|
5,480 |
|
|
|
7,640 |
|
- |
|
(2,160) |
|
5,480 |
|
The loan is repayable on demand and interest is charged at the official HMRC rate. |
|
| # |
Other information |
|
|
Amateur Golf Tour Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
11 Kingfisher Business Park |
|
Arthur Street, Lakeside |
|
Redditch |
|
Worcestershire |
|
B98 8LG |