OPEN GOLF AND LEISURE LIMITED

OPEN GOLF AND LEISURE LIMITED

OPEN GOLF AND LEISURE LIMITED - Company Information

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OPEN GOLF AND LEISURE LIMITED

Company Registration Number:
02129247 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2020

Period of accounts

Start date: 01 April 2019

End date: 31 March 2020

OPEN GOLF AND LEISURE LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2020

Balance sheet
Notes

OPEN GOLF AND LEISURE LIMITED

Balance sheet

As at 31 March 2020


Notes
2020
2019


£
£
Fixed assets
Tangible assets: 3 1,130,611 1,131,865
Total fixed assets: 1,130,611 1,131,865
Current assets
Cash at bank and in hand: 232 232
Total current assets: 232 232
Creditors: amounts falling due within one year: 4 (1,394,979) (1,317,900)
Net current assets (liabilities): (1,394,747) (1,317,668)
Total assets less current liabilities: (264,136) (185,803)
Creditors: amounts falling due after more than one year: 5 (138,470) (137,366)
Total net assets (liabilities): (402,606) (323,169)
Capital and reserves
Called up share capital: 240 240
Share premium account: 299,866 299,866
Profit and loss account: (702,712) (623,275)
Shareholders funds: (402,606) (323,169)

The notes form part of these financial statements

OPEN GOLF AND LEISURE LIMITED

Balance sheet statements

For the year ending 31 March 2020 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 29 March 2021
and signed on behalf of the board by:

Name: Mr R Day
Status: Director

The notes form part of these financial statements

OPEN GOLF AND LEISURE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

1. Accounting policies

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

OPEN GOLF AND LEISURE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

2. Employees

2020 2019
Average number of employees during the period 0 0

OPEN GOLF AND LEISURE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

3. Tangible Assets

Total
Cost £
At 01 April 2019 1,193,463
At 31 March 2020 1,193,463
Depreciation
At 01 April 2019 61,598
Charge for year 1,254
At 31 March 2020 62,852
Net book value
At 31 March 2020 1,130,611
At 31 March 2019 1,131,865

OPEN GOLF AND LEISURE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

4. Creditors: amounts falling due within one year note

Includes intercompany loan and bank loan

OPEN GOLF AND LEISURE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

5. Creditors: amounts falling due after more than one year note

Bank loan