PLAYGOLF LONDON LIMITED

PLAYGOLF LONDON LIMITED

PLAYGOLF LONDON LIMITED - Company Information

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PLAYGOLF LONDON LIMITED

Company Registration Number:
06869138 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2018

Period of accounts

Start date: 01 April 2017

End date: 31 March 2018

PLAYGOLF LONDON LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2018

Balance sheet
Notes

PLAYGOLF LONDON LIMITED

Balance sheet

As at 31 March 2018


Notes
2018
2017


£
£
Fixed assets
Intangible assets: 3 475,216 479,312
Tangible assets: 4 244,181 338,841
Total fixed assets: 719,397 818,153
Current assets
Stocks: 2,066 2,036
Debtors:   2,545,868 2,243,613
Cash at bank and in hand: 24,520 29,316
Total current assets: 2,572,454 2,274,965
Creditors: amounts falling due within one year:   (1,618,769) (1,499,021)
Net current assets (liabilities): 953,685 775,944
Total assets less current liabilities: 1,673,082 1,594,097
Creditors: amounts falling due after more than one year:   (1,850,895) (1,573,254)
Total net assets (liabilities): (177,813) 20,843
Capital and reserves
Called up share capital: 700,100 700,100
Profit and loss account: (877,913) (679,257)
Shareholders funds: (177,813) 20,843

The notes form part of these financial statements

PLAYGOLF LONDON LIMITED

Balance sheet statements

For the year ending 31 March 2018 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 25 March 2019
and signed on behalf of the board by:

Name: Mr A Saud
Status: Director

The notes form part of these financial statements

PLAYGOLF LONDON LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PLAYGOLF LONDON LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

2. Employees

2018 2017
Average number of employees during the period 33 36

PLAYGOLF LONDON LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

3. Intangible Assets

Total
Cost £
At 01 April 2017 512,000
At 31 March 2018 512,000
Amortisation
At 01 April 2017 32,688
Charge for year 4,096
At 31 March 2018 36,784
Net book value
At 31 March 2018 475,216
At 31 March 2017 479,312

PLAYGOLF LONDON LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

4. Tangible Assets

Total
Cost £
At 01 April 2017 1,124,139
Additions 35,328
At 31 March 2018 1,159,467
Depreciation
At 01 April 2017 785,298
Charge for year 129,988
At 31 March 2018 915,286
Net book value
At 31 March 2018 244,181
At 31 March 2017 338,841