IRIS Accounts Production v22.1.4.3 11484061 Board of Directors 1.4.21 31.3.22 31.3.22 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure114840612021-03-31114840612022-03-31114840612021-04-012022-03-31114840612020-03-31114840612020-04-012021-03-31114840612021-03-3111484061ns16:EnglandWales2021-04-012022-03-3111484061ns15:PoundSterling2021-04-012022-03-3111484061ns11:Director12021-04-012022-03-3111484061ns11:CompanyLimitedByGuarantee2021-04-012022-03-3111484061ns11:SmallEntities2021-04-012022-03-3111484061ns11:AuditExempt-NoAccountantsReport2021-04-012022-03-3111484061ns11:SmallCompaniesRegimeForDirectorsReport2021-04-012022-03-3111484061ns11:SmallCompaniesRegimeForAccounts2021-04-012022-03-3111484061ns11:FullAccounts2021-04-012022-03-3111484061ns11:Director22021-04-012022-03-3111484061ns11:Director32021-04-012022-03-3111484061ns11:Director42021-04-012022-03-3111484061ns11:Director52021-04-012022-03-3111484061ns11:Director62021-04-012022-03-3111484061ns11:RegisteredOffice2021-04-012022-03-3111484061ns6:CurrentFinancialInstruments2022-03-3111484061ns6:CurrentFinancialInstruments2021-03-3111484061ns6:Non-currentFinancialInstruments2022-03-3111484061ns6:Non-currentFinancialInstruments2021-03-3111484061ns6:FurtherSpecificReserve1ComponentTotalEquity2022-03-3111484061ns6:FurtherSpecificReserve1ComponentTotalEquity2021-03-3111484061ns6:RetainedEarningsAccumulatedLosses2022-03-3111484061ns6:RetainedEarningsAccumulatedLosses2021-03-3111484061ns6:OwnedOrFreeholdAssetsns6:LandBuildings2021-04-012022-03-3111484061ns6:ShortLeaseholdAssetsns6:LandBuildings2021-04-012022-03-3111484061ns6:LeaseholdImprovements2021-04-012022-03-3111484061ns6:PlantMachinery2021-04-012022-03-3111484061ns6:FurnitureFittings2021-04-012022-03-3111484061ns6:ComputerEquipment2021-04-012022-03-3111484061ns6:LandBuildings2021-03-3111484061ns6:ShortLeaseholdAssetsns6:LandBuildings2021-03-3111484061ns6:LeaseholdImprovements2021-03-3111484061ns6:LandBuildings2021-04-012022-03-3111484061ns6:LandBuildings2022-03-3111484061ns6:ShortLeaseholdAssetsns6:LandBuildings2022-03-3111484061ns6:LeaseholdImprovements2022-03-3111484061ns6:LandBuildings2021-03-3111484061ns6:ShortLeaseholdAssetsns6:LandBuildings2021-03-3111484061ns6:LeaseholdImprovements2021-03-3111484061ns6:PlantMachinery2021-03-3111484061ns6:FurnitureFittings2021-03-3111484061ns6:ComputerEquipment2021-03-3111484061ns6:PlantMachinery2022-03-3111484061ns6:FurnitureFittings2022-03-3111484061ns6:ComputerEquipment2022-03-3111484061ns6:PlantMachinery2021-03-3111484061ns6:FurnitureFittings2021-03-3111484061ns6:ComputerEquipment2021-03-3111484061ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-3111484061ns6:WithinOneYearns6:CurrentFinancialInstruments2021-03-3111484061ns6:BetweenOneTwoYearsns6:Non-currentFinancialInstruments2022-03-3111484061ns6:BetweenOneTwoYearsns6:Non-currentFinancialInstruments2021-03-3111484061ns6:Secured2022-03-3111484061ns6:Secured2021-03-31
REGISTERED NUMBER: 11484061 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

FOR

LILLESHALL HALL GOLF CLUB LIMITED

LILLESHALL HALL GOLF CLUB LIMITED (REGISTERED NUMBER: 11484061)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LILLESHALL HALL GOLF CLUB LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2022







DIRECTORS: T P Austin
Mrs S Parker
W Schofield
D Stiles
R J Wormstone
C M Cann





REGISTERED OFFICE: Lilleshall Hall Golf Club
Lilyhurst Road
Lilleshall
United Kingdom
Newport, Shropshire
TF10 9AS





REGISTERED NUMBER: 11484061 (England and Wales)





ACCOUNTANTS: Crowe U.K. LLP
Black Country House
Rounds Green Road
Oldbury
West Midlands
B69 2DG

LILLESHALL HALL GOLF CLUB LIMITED (REGISTERED NUMBER: 11484061)

BALANCE SHEET
31 MARCH 2022

2022 2021
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,205,751 1,161,076

CURRENT ASSETS
Stocks 8,402 5,841
Debtors 5 8,829 31,736
Cash at bank and in hand 188,578 256,567
205,809 294,144
CREDITORS
Amounts falling due within one year 6 (415,538 ) (453,062 )
NET CURRENT LIABILITIES (209,729 ) (158,918 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

996,022

1,002,158

CREDITORS
Amounts falling due after more than
one year

7

(216,118

)

(263,853

)
NET ASSETS 779,904 738,305

RESERVES
Other reserves 674,776 674,776
Income and expenditure account 105,128 63,529
779,904 738,305

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

LILLESHALL HALL GOLF CLUB LIMITED (REGISTERED NUMBER: 11484061)

BALANCE SHEET - continued
31 MARCH 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 May 2022 and were signed on its behalf by:





T P Austin - Director


LILLESHALL HALL GOLF CLUB LIMITED (REGISTERED NUMBER: 11484061)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022


1. STATUTORY INFORMATION

Lilleshall Hall Golf Club Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land - not provided
Buildings - 2% on cost
Bar and catering equipment - 20% straight line
Plant and machinery - 20% straight line
Fixtures and fittings - 20% straight line
Computer equipment - 20% straight line

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


LILLESHALL HALL GOLF CLUB LIMITED (REGISTERED NUMBER: 11484061)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Going concern
In their assessment of going concern the directors have considered the current and developing impact on the business as a result of the COVID19 virus. This has had an impact on the company's operations but have taken appropriate actions to limit this impact.

Having regard to the above, the directors believe it appropriate to adopt the going concern basis of accounting in preparing the financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 34 (2021 - 18 ) .

4. TANGIBLE FIXED ASSETS
Bar and
catering
Land Buildings equipment
£    £    £   
COST
At 1 April 2021 600,405 896,598 10,126
Additions 9,372 - 7,897
Disposals - - (887 )
At 31 March 2022 609,777 896,598 17,136
DEPRECIATION
At 1 April 2021 - 401,495 6,963
Charge for year - 14,736 2,102
Eliminated on disposal - - (887 )
At 31 March 2022 - 416,231 8,178
NET BOOK VALUE
At 31 March 2022 609,777 480,367 8,958
At 31 March 2021 600,405 495,103 3,163

LILLESHALL HALL GOLF CLUB LIMITED (REGISTERED NUMBER: 11484061)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022


4. TANGIBLE FIXED ASSETS - continued

Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2021 400,606 74,615 19,402 2,001,752
Additions 77,682 5,868 1,899 102,718
Disposals (42,900 ) (1,557 ) - (45,344 )
At 31 March 2022 435,388 78,926 21,301 2,059,126
DEPRECIATION
At 1 April 2021 352,645 63,307 16,266 840,676
Charge for year 33,347 6,600 1,258 58,043
Eliminated on disposal (42,900 ) (1,557 ) - (45,344 )
At 31 March 2022 343,092 68,350 17,524 853,375
NET BOOK VALUE
At 31 March 2022 92,296 10,576 3,777 1,205,751
At 31 March 2021 47,961 11,308 3,136 1,161,076

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 139 139
Other debtors 8,690 31,597
8,829 31,736

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans (secured) 45,897 44,888
Other loans 221,340 259,169
Covid bounce back loan 5,229 5,175
Hire purchase contracts 22,339 21,824
Trade creditors 14,215 14,967
Corporation tax 1,001 -
Social security and other taxes 4,409 3,530
Other creditors 16,935 23,001
Accruals and deferred income 84,173 80,508
415,538 453,062

LILLESHALL HALL GOLF CLUB LIMITED (REGISTERED NUMBER: 11484061)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2022 2021
£    £   
Bank loans (secured) 143,328 190,235
Covid bounce back loan 40,577 44,825
Hire purchase contracts 32,213 28,793
216,118 263,853

8. SECURED DEBTS

The following secured debts are included within creditors:

2022 2021
£    £   
Bank loans (secured) 189,225 235,123

The bank loans are secured over the land and buildings of Lilleshall Hall Golf Club.