Company Registration No. 16152082 (England and Wales)
Golfthing Ltd
Unaudited accounts
for the period from 26 December 2024 to 31 December 2025
Golfthing Ltd
Unaudited accounts
Contents
Golfthing Ltd
Company Information
for the period from 26 December 2024 to 31 December 2025
Directors
KALEEM ISHAQ
MIKHAIL ISHAQ
Company Number
16152082 (England and Wales)
Registered Office
4th Floor Office
205 Regent Street
London
W1B 4HB
United Kingdom
Accountants
Sleek Accounting Ltd
4th Floor
205 Regent Street
London
W1B 4HB
Golfthing Ltd
Statement of financial position
as at 31 December 2025
Cash at bank and in hand
13,280
Creditors: amounts falling due within one year
(34,536)
Net current liabilities
(15,152)
Profit and loss account
(15,154)
Shareholders' funds
(15,152)
For the period 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2026 and were signed on its behalf by
KALEEM ISHAQ
Director
Company Registration No. 16152082
Golfthing Ltd
Notes to the Accounts
for the period from 26 December 2024 to 31 December 2025
Golfthing Ltd is a private company, limited by shares, registered in England and Wales, registration number 16152082. The registered office is 4th Floor Office, 205 Regent Street, London, W1B 4HB, United Kingdom.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate
resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern
basis of accounting in preparing the financial statements
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Amounts falling due within one year
Amounts due from group undertakings etc.
2,218
Golfthing Ltd
Notes to the Accounts
for the period from 26 December 2024 to 31 December 2025
5
Creditors: amounts falling due within one year
2025
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
7
Transactions with related parties
The company is related to Ntwine International Ltd and NTWINE ENTERPRISES LIMITED by virtue of common Directors. The amount owed from Ntwine International Ltd at the balance sheet date was £2,218.
8
Average number of employees
During the period the average number of employees was 0.