The Lady Golf Store Limited 31/10/2025 iXBRL

Company registration number: 6651903

The Lady Golf Store Limited

Unaudited abridged financial statements

31 October 2025

The Lady Golf Store Limited

Contents

Directors and other information

Directors report

Abridged statement of comprehensive income

Abridged statement of financial position

Statement of changes in equity

Notes to the financial statements

The Lady Golf Store Limited

Directors and other information


	Directors	M Duncan Lambert
		Mr Ashley Roberts


	Company number	6651903


	Registered office	3 The Lodge, Whytebeam View
		Whyteleafe
		Surrey
		CR3 0AU


	Accountant	S Nunn and Co Ltd
		Unit 2, Guards Avenue
		Caterham
		Surrey
		CR3 5XL

The Lady Golf Store Limited

Directors report

Year ended 31 October 2025

The directors present their report and the unaudited financial statements of the company for the year ended 31 October 2025.

Directors

The directors who served the company during the year were as follows:

M Duncan Lambert

Mr Ashley Roberts

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 30 July 2026 and signed on behalf of the board by:

M Duncan Lambert

Director

The Lady Golf Store Limited

Abridged statement of comprehensive income

Year ended 31 October 2025

		2025	2024
	Note	£	£

Gross profit		298,778		259,545

Staff costs	4	( 215,615)		( 203,882)
Depreciation and other amounts written off tangible and intangible fixed assets		( 17,134)		( 3,561)
Other operating expenses		( 48,392)		( 43,006)
		_______		_______
Operating profit		17,637		9,096

Other interest receivable and similar income		185		727
Interest payable and similar expenses		( 423)		( 672)
		_______		_______
Profit before taxation	5	17,399		9,151

Tax on profit		2,375		( 2,476)
		_______		_______
Profit for the financial year and total comprehensive income		19,774		6,675
		_______		_______

All the activities of the company are from continuing operations.

The Lady Golf Store Limited

Abridged statement of financial position

31 October 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	6	56,974		10,682
		_______		_______
			56,974		10,682

Current assets
Stocks		172,224		136,900
Debtors		3,863		2,136
Cash at bank and in hand		134,315		179,057
		_______		_______
		310,402		318,093
Creditors: amounts falling due
within one year		( 336,647)		( 281,820)
		_______		_______
Net current (liabilities)/assets			( 26,245)		36,273
			_______		_______
Total assets less current liabilities			30,729		46,955

			_______		_______
Net assets			30,729		46,955
			_______		_______

Capital and reserves
Called up share capital			100		100
Profit and loss account			30,629		46,855
			_______		_______
Shareholders funds			30,729		46,955
			_______		_______

For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the current year ending 31 October 2025 in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements were approved by the board of directors and authorised for issue on 30 July 2026 , and are signed on behalf of the board by:

M Duncan Lambert

Director

Company registration number: 6651903

The Lady Golf Store Limited

Statement of changes in equity

Year ended 31 October 2025

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 November 2023	100	76,180	76,280

Profit for the year		6,675	6,675
	_______	_______	_______
Total comprehensive income for the year	-	6,675	6,675

Dividends paid and payable		( 36,000)	( 36,000)
	_______	_______	_______
Total investments by and distributions to owners	-	( 36,000)	( 36,000)

	_______	_______	_______
At 31 October 2024 and 1 November 2024	100	46,855	46,955

Profit for the year		19,774	19,774
	_______	_______	_______
Total comprehensive income for the year	-	19,774	19,774

Dividends paid and payable		( 36,000)	( 36,000)
	_______	_______	_______
Total investments by and distributions to owners	-	( 36,000)	( 36,000)

	_______	_______	_______
At 31 October 2025	100	30,629	30,729
	_______	_______	_______

The Lady Golf Store Limited

Notes to the financial statements

Year ended 31 October 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 3 The Lodge, Whytebeam View, Whyteleafe, Surrey, CR3 0AU.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Fittings fixtures and equipment	-	25 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Staff costs

The average number of persons employed by the company during the year amounted to 12 (2024: 12 ).

The aggregate payroll costs incurred during the year were:

	2025	2024
	£	£
Wages and salaries	211,922	200,520
Other pension costs	3,693	3,362
	_______	_______
	215,615	203,882
	_______	_______

5. Profit before taxation

Profit before taxation is stated after charging/(crediting):

	2025	2024
	£	£
Depreciation of tangible assets	17,134	3,561
	_______	_______

6. Tangible assets


		£
	Cost
	At 1 November 2024	70,071
	Additions	63,426
		_______
	At 31 October 2025	133,497
		_______
	Depreciation
	At 1 November 2024	59,389
	Charge for the year	17,134
		_______
	At 31 October 2025	76,523
		_______
	Carrying amount
	At 31 October 2025	56,974
		_______
	At 31 October 2024	10,682
		_______

7. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2025
		Balance brought forward	Advances /(credits) to the directors	Balance o/standing
		£	£	£
	M Duncan Lambert	( 103)	103	-
	Mr Ashley Roberts	( 8,500)	197	( 8,303)
		_______	_______	_______
		( 8,603)	300	( 8,303)
		_______	_______	_______

2024
		Balance brought forward	Advances /(credits) to the directors	Balance o/standing
		£	£	£
	M Duncan Lambert	( 1,453)	1,350	( 103)
	Mr Ashley Roberts	( 9,500)	1,000	( 8,500)
		_______	_______	_______
		( 10,953)	2,350	( 8,603)
		_______	_______	_______

8. Related party transactions

During the year, dividends of £36,000 (2024: £36,000) were paid to the directors of the company.

9. Controlling party

There is no overall controlling party.