Company Registration No. 02719399 (England and Wales)
Weybrook Park Golf Club Limited
Unaudited accounts
for the year ended 31 March 2023
Weybrook Park Golf Club Limited
Unaudited accounts
Contents
Weybrook Park Golf Club Limited
Company Information
for the year ended 31 March 2023
Directors
A Burrell
V S Jeffrey
D G Smith
G S Thompson
C Dawson
J Lycett
B O'Sullivan
Company Number
02719399 (England and Wales)
Registered Office
Rooksdown Avenue
Basingstoke
Hampshire
RG24 9NT
Accountants
Leemook Accounting Services Limited
29 Errington Road
Picket Piece
Andover
Hants
SP11 6XF
Weybrook Park Golf Club Limited
Statement of financial position
as at 31 March 2023
Tangible assets
2,414,116
2,480,961
Cash at bank and in hand
510,936
383,506
Creditors: amounts falling due within one year
(731,281)
(647,182)
Net current liabilities
(33,615)
(128,788)
Total assets less current liabilities
2,380,501
2,352,173
Creditors: amounts falling due after more than one year
(334,111)
(402,057)
Net assets
2,046,390
1,950,116
Called up share capital
706,200
707,300
Share premium
362,488
361,647
Profit and loss account
977,702
881,169
Shareholders' funds
2,046,390
1,950,116
For the year ending 31 March 2023 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 1 August 2023 and were signed on its behalf by
G S Thompson
Director
Company Registration No. 02719399
Weybrook Park Golf Club Limited
Notes to the Accounts
for the year ended 31 March 2023
Weybrook Park Golf Club Limited is a private company, limited by shares, registered in England and Wales, registration number 02719399. The registered office is Rooksdown Avenue, Basingstoke, Hampshire, RG24 9NT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% on cost
Plant & machinery
20 % on cost and 10% on cost
Weybrook Park Golf Club Limited
Notes to the Accounts
for the year ended 31 March 2023
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At valuation
At 1 April 2022
3,562,521
162,955
-
24,513
3,749,989
Additions
9,469
20,586
10,995
2,028
43,078
Revaluations
-
-
-
17,183
17,183
At 31 March 2023
3,571,990
183,541
10,995
43,724
3,810,250
At 1 April 2022
1,141,692
105,083
-
22,253
1,269,028
Charge for the year
87,494
19,265
2,016
2,850
111,625
Surplus on revaluation
-
-
-
15,481
15,481
At 31 March 2023
1,229,186
124,348
2,016
40,584
1,396,134
At 31 March 2023
2,342,804
59,193
8,979
3,140
2,414,116
At 31 March 2022
2,420,829
57,872
-
2,260
2,480,961
Finished goods
23,146
37,848
Bar, Kitchen and Greenkeeping Stocks as at 31.03.23
Amounts falling due within one year
Accrued income and prepayments
165,682
96,340
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
185,198
100,555
Taxes and social security
5,610
18,929
Other creditors
67,713
69,928
Deferred income
421,592
349,373
Weybrook Park Golf Club Limited
Notes to the Accounts
for the year ended 31 March 2023
8
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
284,111
352,057
Other creditors
50,000
50,000
The Bank Loan is secured against the leasehold premises and floating charge over all the assets of the company.
Allotted, called up and fully paid:
642 Ordinary shares of £1,100 each
706,200
707,300
10
Transactions with related parties
These accounts have been prepared by Leemook Accounting Services Limited, a company which is owned by William Kelly. A Fee of £1575 has been been agreed with the Directors for these services.
11
Average number of employees
During the year the average number of employees was 27 (2022: 23).