Registered number
09942158
Wareham Golf Club Ltd
Filleted Accounts
31 December 2021
Wareham Golf Club Ltd
Registered number: 09942158
Balance Sheet
as at 31 December 2021
Notes 2021 2020
£ £
Fixed assets
Tangible assets 3 172,875 189,661
Investments 4 100 100
172,975 189,761
Current assets
Debtors 5 4,059 12,121
Cash at bank and in hand 155,247 133,605
159,306 145,726
Creditors: amounts falling due within one year 6 (29,938) (46,124)
Net current assets 129,368 99,602
Total assets less current liabilities 302,343 289,363
Creditors: amounts falling due after more than one year 7 (75,372) (92,318)
Net assets 226,971 197,045
Capital and reserves
Profit and loss account 226,971 197,045
Shareholder's funds 226,971 197,045
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 member has 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.
Mr A Fletcher
Director
Approved by the board on 3 May 2022
Wareham Golf Club Ltd
Notes to the Accounts
for the year ended 31 December 2021
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102 section 1A, The Financial Reporting Standard applicable in the UK and Republic of Ireland.

The currency in which the financial statements are presented is £ sterling.
Group accounts
The company is exempt from the requirement to prepare group accounts on the grounds that it qualifies as a small group.
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. Members fees are recognised in the period they are received while annual subscriptions, individual games and retail purchases are recognised in the period to which they relate.
Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute. Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period. All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
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:
Club buildings 2.5% Straight Line
Fixtures, fittings, tools and equipment 17.5% Reducing Balance
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
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.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2021 2020
Number Number
Average number of persons employed by the company 11 9
3 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 January 2021 111,244 110,192 221,436
Additions - 2,179 2,179
At 31 December 2021 111,244 112,371 223,615
Depreciation
At 1 January 2021 13,158 18,617 31,775
Charge for the year 2,781 16,184 18,965
At 31 December 2021 15,939 34,801 50,740
Net book value
At 31 December 2021 95,305 77,570 172,875
At 31 December 2020 98,086 91,575 189,661
4 Investments
Investments in
subsidiary
undertakings
£
Cost
At 1 January 2021 100
At 31 December 2021 100
5 Debtors 2021 2020
£ £
Amounts owed by group undertakings and undertakings in which the company has a participating interest - 6,333
Other debtors 4,059 5,788
4,059 12,121
6 Creditors: amounts falling due within one year 2021 2020
£ £
Bank loans and overdrafts 12,712 10,000
Obligations under finance lease and hire purchase contracts 5,802 25,774
Trade creditors 4,834 6,456
Amounts owed to group undertakings and undertakings in which the company has a participating interest 679 -
Other creditors 5,911 3,894
29,938 46,124
7 Creditors: amounts falling due after one year 2021 2020
£ £
Bank loans 34,857 40,000
Obligations under finance lease and hire purchase contracts 29,015 34,818
10 Year Single/ 5 Year Joint - Membership in advance 11,500 17,500
75,372 92,318
8 Secured Creditors 2021 2020
£ £
Creditors include:
Net Obligation under finance lease and hire purchase contracts 34,818 60,592
Of the creditors falling due within and after more than one year the above amounts are secured against relevant fixed assets.
9 Other financial commitments 2021 2020
£ £
Total future minimum payments under non-cancellable operating leases 14,907 5,283
10 Other information
Wareham Golf Club Ltd is a private company limited by guarantee and incorporated in England. Its registered office is:
Unit 3 Vista Place
Coy Pond Business Park
Ingworth Road
Dorset
BH12 1JY
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