Northern Golf Limited - Filleted accounts

Registered number

02458528

Northern Golf Limited

Unaudited Filleted Accounts

31 December 2025

Northern Golf Limited
Registered number:		02458528
Balance Sheet
as at 31 December 2025

Notes			2025			2024

£				£
Fixed assets
Tangible assets	3		65,641			38,150

Current assets
Stocks		571,883			633,524
Debtors	4	315,311			167,206
Cash at bank and in hand		335,799			336,764
		1,222,993			1,137,494

Creditors: amounts falling due within one year	5	(150,724)			(123,651)

Net current assets			1,072,269			1,013,843

Total assets less current liabilities			1,137,910			1,051,993

Creditors: amounts falling due after more than one year	6		-			(2,928)

Provisions for liabilities			(15,064)			(8,801)

Net assets			1,122,846			1,040,264

Capital and reserves
Called up share capital			25,000			25,000
Profit and loss account			1,097,846			1,015,264

Shareholders' funds			1,122,846			1,040,264

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.



N H Self
Director
Approved by the board on 21 October 2026

Northern Golf Limited
Notes to the Accounts
for the year ended 31 December 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. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	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	at 15% - 25% p.a.
	Fixtures, fittings, tools and equipment	at 25% p.a.

	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.

	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.

	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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	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			6		6


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 January 2025	101,648		30,083		131,731
	Additions	-		40,442		40,442
	At 31 December 2025	101,648		70,525		172,173

	Depreciation
	At 1 January 2025	72,421		21,160		93,581
	Charge for the year	4,822		8,129		12,951
	At 31 December 2025	77,243		29,289		106,532

	Net book value
	At 31 December 2025	24,405		41,236		65,641
	At 31 December 2024	29,227		8,923		38,150


4	Debtors			2025		2024
£					£

	Trade debtors			305,237		159,099
	Other debtors			10,074		8,107
				315,311		167,206


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			4,155		11,220
	Trade creditors			56,460		38,622
	Taxation and social security costs			50,756		45,027
	Other creditors			39,353		28,782
				150,724		123,651


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			-		2,928


7	Other financial commitments			2025		2024
£					£

	Total future minimum payments under non-cancellable operating leases			40,000		40,000


8	Related party transactions

	During the year the director, N H Self, received a salary of £10,500 and his wife, Mrs E Self who is also a director, received a salary of £9,300. At the balance sheet date the company was indebted to Mr and Mrs Self in the sum of £468 (2024 - £10402) in respect of an interest free loan, repayable on demand with no fixed repayment date. Repayments of the loan totalling £9,964 were made to the directors during the year. The company leased its trading premises under normal commercial terms at an annual rental of £24,000 from the directors' personal pension scheme. During the year Mr & Mrs Self received dividends of £11,920 and £7,947 respectively in respect of their shareholdings in the company.


9	Controlling party

	The ultimate controlling party is the director, Mr N H Self, who owns the majority of the company's issued share capital.


10	Other information

	Northern Golf Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit , Block 1,
	Albert Close Trading Estate,
	Albert Close,
	Whitefield,
	M45 8EH