REGISTERED NUMBER: 09944341 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026

FOR

GAVIN ABSON GOLF LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G Abson

REGISTERED OFFICE:

The Professional Golf Shop

The West Lancashire Golf Club

Hall Road West

Liverpool

L23 8SZ

REGISTERED NUMBER:

09944341 (England and Wales)

ACCOUNTANTS:

Additions

Chartered Accountants

Office 2, Lake House

1a Lake Place

Hoylake

CH47 2DN

FIXED ASSETS

Tangible assets

4

26,413

18,630

Investments

5

600

600

27,013

19,230

CURRENT ASSETS

Stocks

100,810

52,017

Debtors

6

12,225

6,609

Cash at bank and in hand

124,125

149,912

237,160

208,538

CREDITORS

Amounts falling due within one year

7

135,153

138,241

NET CURRENT ASSETS

102,007

70,297

TOTAL ASSETS LESS CURRENT LIABILITIES

129,020

89,527

CREDITORS

Amounts falling due after more than one year

8

-

(4,949

)

PROVISIONS FOR LIABILITIES

(6,075

)

(3,540

)

NET ASSETS

122,945

81,038

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

122,845

80,938

SHAREHOLDERS' FUNDS

122,945

81,038

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 August 2026 and were signed by:

G Abson - Director

1.	STATUTORY INFORMATION

Gavin Abson Golf Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on cost and 20% on cost

Computer equipment

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 tax

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 have been enacted or substantively enacted by the year end 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 probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Short term debtors and creditors

Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Borrowings

Interest bearing loans are recorded at the proceeds received, net of direct issue costs. Finance charges, including premiums payable on settlement or redemption and direct issue costs, are accounted for on an accruals basis in the profit and loss account using the effective interest method and are added to the carrying amount of the instrument to the extent that they are not settled in the period in which they arise.

Leasing commitments

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 February 2025

24,110

33,400

9,043

66,553

Additions

16,954

-

200

17,154

At 31 January 2026

41,064

33,400

9,243

83,707

DEPRECIATION

At 1 February 2025

23,768

17,680

6,475

47,923

Charge for year

239

7,912

1,220

9,371

At 31 January 2026

24,007

25,592

7,695

57,294

NET BOOK VALUE

At 31 January 2026

17,057

7,808

1,548

26,413

At 31 January 2025

342

15,720

2,568

18,630

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

2026

2025

£

£

TGI Golf Partnership

600

600

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

5,365

5,828

Other debtors

6,860

781

12,225

6,609

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

-

10,000

Trade creditors

19,537

14,023

Taxation and social security

24,896

13,780

Other creditors

90,720

100,438

135,153

138,241

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

4,949

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

£

Within one year

8,700

-

Between one and five years

17,400

-

26,100

-