Golfapps Limited,Ltd - Accounts

GOLFAPPS LTD - Company Information

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Golfapps Limited

For the year ended 31 August 2015

Unaudited Abbreviated Report and Financial Statements

England and Wales

Registered Number: 07345445

Contents Page

Golfapps Limited

For the year ended 31 August 2015

Accountants' Report

Balance Sheet

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Notes to the Abbreviated Financial Statements

Golfapps Limited

Chartered Accountants' Report

For the year ended 31 August 2015

Chartered Accountants' Report to the Board of Directors

In order to assist you to fulfil your duties under Companies Act 2006, we have prepared for your approval the

accounts of Golfapps Limited for the year ended 31 August 2015 which comprise the Profit and Loss Account, the

Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its

ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Golfapps Limited, as a body, in accordance with the terms of

our engagement letter dated 11 April 2012. Our work has been undertaken solely to prepare for your approval the

accounts of Golfapps Limited and state those matters that we have agreed to state to the Board of Directors of

Golfapps Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To

the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Golfapps

Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Golfapps Limited has kept adequate accounting records to prepare statutory accounts

that give a true and fair view of the assets, liabilities, financial position and profit of Golfapps Limited. You consider

that Golfapps Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Golfapps Limited. For this reason,

we have not verified the accuracy or completeness of the accounting records or information and explanations you

have given to us and we do not, therefore, express any opinion on the statutory accounts.

Brevins Limited

23 Porters Wood

St Albans

Hertfordshire

AL3 6PQ

28 May 2016

Dated:

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Abbreviated Balance Sheet

Golfapps Limited

As at 31 August 2015

07345445

Registered Number :

2015

Notes

2014

Fixed assets

Tangible assets

11,379

9,702

11,379

9,702

Current assets

Debtors

25,216

7,564

Cash at bank and in hand

16,168

23,732

25,216

Creditors: amounts falling due within one year

(33,581)

(30,994)

(8,365)

(7,262)

Net current liabilities

Total assets less current liabilities

4,117

1,337

4,117

Net assets

1,337

Capital and reserves

Called up share capital

100

Profit and loss account

4,017

1,237

4,117

1,337

Shareholders funds

For the year ended 31 August 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;

2) 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 in accordance with the provisions applicable to companies subject to the small companies' regime.

Date approved by the board: 26 May 2016

Mr Andrew Guyton Director

Signed on behalf of the board of directors

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Notes to the Abbreviated Financial Statements

Golfapps Limited

For the year ended 31 August 2015

1 Accounting Policies

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Finance lease and hire purchase charges

The finance element of the rental payment is charged to the profit and loss account on a straight line basis.

Dividends

Proposed dividends are only included as liabilities in the financial statements when their payment has been approved

by the shareholders prior to the balance sheet date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery

33% Reducing balance

Motor Vehicles

25% Reducing balance

Fixtures and Fittings

25% Reducing balance

Assets on finance lease and hire purchase

Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and

rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets

and depreciated over the shorter of the lease term and their estimated expected useful lives.

Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.

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Notes to the Abbreviated Financial Statements

Golfapps Limited

For the year ended 31 August 2015

2 Tangible fixed assets

Tangible fixed

assets

Cost or valuation

17,923

At 01 September 2014

6,249

Additions

At 31 August 2015

24,172

Depreciation

8,221

At 01 September 2014

4,572

Charge for year

12,793

At 31 August 2015

Net book values

At 31 August 2015

11,379

9,702

At 31 August 2014

3 Share capital

Allotted called up and fully paid

2015

2014

100 Ordinary shares of £1.00 each

100

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