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REGISTERED NUMBER: 09928417 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Wollaton Park Golf Club Limited

Wollaton Park Golf Club Limited (Registered number: 09928417)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Wollaton Park Golf Club Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: M F Flanagan
Prof. A Hunter
I Newlove
P Slaney





SECRETARY:





REGISTERED OFFICE: Lime Tree Avenue
Nottingham
Nottinghamshire
NG8 1BT





REGISTERED NUMBER: 09928417 (England and Wales)





ACCOUNTANTS: Bostockwhite Limited
Cabourn House
Station Street
Bingham
Nottinghamshire
NG13 8AQ

Wollaton Park Golf Club Limited (Registered number: 09928417)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 322,436 358,762

CURRENT ASSETS
Stocks 107,879 82,576
Debtors 5 61,175 52,648
Cash at bank and in hand 323,594 389,251
492,648 524,475
CREDITORS
Amounts falling due within one year 6 331,251 359,270
NET CURRENT ASSETS 161,397 165,205
TOTAL ASSETS LESS CURRENT
LIABILITIES

483,833

523,967

CREDITORS
Amounts falling due after more than one year 7 46,159 77,095
NET ASSETS 437,674 446,872

RESERVES
Other reserves 154,920 154,920
Income and expenditure account 282,754 291,952
437,674 446,872

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

Wollaton Park Golf Club Limited (Registered number: 09928417)

Balance Sheet - continued
31 March 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 October 2023 and were signed on its behalf by:





Prof. A Hunter - Director


Wollaton Park Golf Club Limited (Registered number: 09928417)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Wollaton Park 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.
Plant and machinery - 10% on cost and 5% on cost
Fixtures and fittings - 20% on cost and 10% on cost
Computer equipment - 20% on cost

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 Income Statement, 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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2022 - 33 ) .

Wollaton Park Golf Club Limited (Registered number: 09928417)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2022 504,915 60,888 10,713 576,516
Additions 4,865 14,447 831 20,143
At 31 March 2023 509,780 75,335 11,544 596,659
DEPRECIATION
At 1 April 2022 178,211 31,150 8,393 217,754
Charge for year 47,399 7,274 1,796 56,469
At 31 March 2023 225,610 38,424 10,189 274,223
NET BOOK VALUE
At 31 March 2023 284,170 36,911 1,355 322,436
At 31 March 2022 326,704 29,738 2,320 358,762

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 8,225 3,923
Other debtors 1,950 4,121
Prepayments 51,000 44,604
61,175 52,648

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Hire purchase contracts 27,239 33,026
Trade creditors 66,888 82,671
Tax - 125
Social security and other taxes 11,584 10,372
VAT 9,952 45,663
Other creditors 67,944 55,517
Accruals and deferred income 147,644 131,896
331,251 359,270

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.23 31.3.22
£    £   
Hire purchase contracts 46,159 77,095

Wollaton Park Golf Club Limited (Registered number: 09928417)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

8. SECURED DEBTS

The following secured debts are included within creditors:

31.3.23 31.3.22
£    £   
Hire purchase contracts 73,398 110,121

Assets on hire purchase and similar agreements are secured on the assets to which they relate.