Paul Anderson Golf Limited - Filleted accounts

Paul Anderson Golf Limited
Registered number:		06473528
Statement of Financial Position
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		24,439			31,695

Current assets
Stocks		180,272			200,042
Debtors	4	18,109			18,009
Cash at bank and in hand		66,606			41,513
		264,987			259,564

Creditors: amounts falling due within one year	5	(138,157)			(121,879)

Net current assets			126,830			137,685

Total assets less current liabilities			151,269			169,380

Creditors: amounts falling due after more than one year	6		(22,237)			(27,677)

Provisions for liabilities			(4,643)			(6,022)


Net assets			124,389			135,681

Capital and reserves
Called up share capital			100			100
Profit and loss account			124,289			135,581

Shareholders' funds			124,389			135,681

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 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.




M P Anderson
Director
Approved by the board on 21 September 2026

Paul Anderson Golf Limited
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1a small entities, the financial reporting standard applicable in the UK and the Republic of Ireland.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	25% reducing balance
	Fixture and fittings	25% reducing balance

	Inventories
	Inventories 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, 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. 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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


	Pensions
	The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2	Employees and directors			2026		2025
Number					Number

	Average number of directors and persons employed by the company			8		8

3	Tangible fixed assets
		Plant and machinery etc		Fixture & fittings		Total
£			£		£
	Cost
	At 1 February 2025	78,986		36,409		115,395
	Additions	994		-		994
	At 31 January 2026	79,980		36,409		116,389

	Depreciation
	At 1 February 2025	55,447		28,253		83,700
	Charge for the year	6,211		2,039		8,250
	At 31 January 2026	61,658		30,292		91,950

	Net book value
	At 31 January 2026	18,322		6,117		24,439
	At 31 January 2025	23,539		8,156		31,695

4	Debtors			2026		2025
£					£

	Prepayments			4,153		3,989
	Other debtors			13,956		14,020
				18,109		18,009


5	Creditors: amounts falling due within one year			2026		2025
£					£

	Bank loans and overdrafts			5,654		5,654
	Trade creditors			82,012		57,324
	Accruals			2,902		2,602
	Corporation tax			6,471		6,826
	Other creditors			41,118		49,473
				138,157		121,879


6	Creditors: amounts falling due after one year			2026		2025
£					£

	Bank loans			22,237		27,677


7	Other information

	Paul Anderson Golf Limited is a private company limited by shares and incorporated in England. Its registered office is:
	419 Finchampstead Road
	Finchampstead
	Wokingham
	Berks
	RG40 3RL