IRIS Accounts Production v23.3.0.418 11484061 Board of Directors 1.4.22 31.3.23 31.3.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure114840612022-03-31114840612023-03-31114840612022-04-012023-03-31114840612021-03-31114840612021-04-012022-03-31114840612022-03-3111484061ns16:EnglandWales2022-04-012023-03-3111484061ns15:PoundSterling2022-04-012023-03-3111484061ns11:Director12022-04-012023-03-3111484061ns11:CompanyLimitedByGuarantee2022-04-012023-03-3111484061ns11:SmallEntities2022-04-012023-03-3111484061ns11:AuditExempt-NoAccountantsReport2022-04-012023-03-3111484061ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3111484061ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3111484061ns11:FullAccounts2022-04-012023-03-3111484061ns11:Director32022-04-012023-03-3111484061ns11:Director62022-04-012023-03-3111484061ns11:Director72022-04-012023-03-3111484061ns11:Director82022-04-012023-03-3111484061ns11:Director92022-04-012023-03-3111484061ns11:RegisteredOffice2022-04-012023-03-3111484061ns6:CurrentFinancialInstruments2023-03-3111484061ns6:CurrentFinancialInstruments2022-03-3111484061ns6:Non-currentFinancialInstruments2023-03-3111484061ns6:Non-currentFinancialInstruments2022-03-3111484061ns6:FurtherSpecificReserve1ComponentTotalEquity2023-03-3111484061ns6:FurtherSpecificReserve1ComponentTotalEquity2022-03-3111484061ns6:RetainedEarningsAccumulatedLosses2023-03-3111484061ns6:RetainedEarningsAccumulatedLosses2022-03-3111484061ns6:OwnedOrFreeholdAssetsns6:LandBuildings2022-04-012023-03-3111484061ns6:ShortLeaseholdAssetsns6:LandBuildings2022-04-012023-03-3111484061ns6:LeaseholdImprovements2022-04-012023-03-3111484061ns6:PlantMachinery2022-04-012023-03-3111484061ns6:FurnitureFittings2022-04-012023-03-3111484061ns6:ComputerEquipment2022-04-012023-03-3111484061ns6:LandBuildings2022-03-3111484061ns6:ShortLeaseholdAssetsns6:LandBuildings2022-03-3111484061ns6:LeaseholdImprovements2022-03-3111484061ns6:LandBuildings2022-04-012023-03-3111484061ns6:LandBuildings2023-03-3111484061ns6:ShortLeaseholdAssetsns6:LandBuildings2023-03-3111484061ns6:LeaseholdImprovements2023-03-3111484061ns6:LandBuildings2022-03-3111484061ns6:ShortLeaseholdAssetsns6:LandBuildings2022-03-3111484061ns6:LeaseholdImprovements2022-03-3111484061ns6:PlantMachinery2022-03-3111484061ns6:FurnitureFittings2022-03-3111484061ns6:ComputerEquipment2022-03-3111484061ns6:PlantMachinery2023-03-3111484061ns6:FurnitureFittings2023-03-3111484061ns6:ComputerEquipment2023-03-3111484061ns6:PlantMachinery2022-03-3111484061ns6:FurnitureFittings2022-03-3111484061ns6:ComputerEquipment2022-03-3111484061ns6:WithinOneYearns6:CurrentFinancialInstruments2023-03-3111484061ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-3111484061ns6:BetweenOneTwoYearsns6:Non-currentFinancialInstruments2023-03-3111484061ns6:BetweenOneTwoYearsns6:Non-currentFinancialInstruments2022-03-3111484061ns6:Secured2023-03-3111484061ns6:Secured2022-03-31
REGISTERED NUMBER: 11484061 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

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 2023










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 2023







DIRECTORS: T P Austin
W Schofield
C M Cann
N Savchenko
G H Sellars
P Sorby





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 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,206,866 1,205,751

CURRENT ASSETS
Stocks 11,437 8,402
Debtors 5 12,891 8,829
Cash at bank and in hand 121,765 188,578
146,093 205,809
CREDITORS
Amounts falling due within one year 6 384,839 415,538
NET CURRENT LIABILITIES (238,746 ) (209,729 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

968,120

996,022

CREDITORS
Amounts falling due after more than
one year

7

145,550

216,118
NET ASSETS 822,570 779,904

RESERVES
Other reserves 674,776 674,776
Income and expenditure account 147,794 105,128
822,570 779,904

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.

LILLESHALL HALL GOLF CLUB LIMITED (REGISTERED NUMBER: 11484061)

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 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 21 May 2023 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 2023


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 - 100% on cost
Buildings - 2% on cost
Bar and catering equipment - 20% on cost
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost
Office 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 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 2023


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 39 (2022 - 34 ) .

4. TANGIBLE FIXED ASSETS
Bar and
catering
Land Buildings equipment
£    £    £   
COST
At 1 April 2022 609,777 896,598 17,136
Additions 1,899 - 1,473
At 31 March 2023 611,676 896,598 18,609
DEPRECIATION
At 1 April 2022 - 416,231 8,178
Charge for year - 14,736 1,706
At 31 March 2023 - 430,967 9,884
NET BOOK VALUE
At 31 March 2023 611,676 465,631 8,725
At 31 March 2022 609,777 480,367 8,958

LILLESHALL HALL GOLF CLUB LIMITED (REGISTERED NUMBER: 11484061)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


4. TANGIBLE FIXED ASSETS - continued

Fixtures
Plant and and Office
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2022 435,388 78,926 21,301 2,059,126
Additions 28,975 21,134 965 54,446
At 31 March 2023 464,363 100,060 22,266 2,113,572
DEPRECIATION
At 1 April 2022 343,092 68,350 17,524 853,375
Charge for year 29,463 6,140 1,286 53,331
At 31 March 2023 372,555 74,490 18,810 906,706
NET BOOK VALUE
At 31 March 2023 91,808 25,570 3,456 1,206,866
At 31 March 2022 92,296 10,576 3,777 1,205,751

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 1,664 139
Other debtors 11,227 8,690
12,891 8,829

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans (secured) 47,495 45,897
Other loans 194,918 221,340
Covid bounce back loan 5,127 5,229
Hire purchase contracts 16,450 22,339
Trade creditors 8,230 14,215
Corporation tax 1,065 1,001
Social security and other taxes 5,302 4,409
Other creditors 13,915 16,935
Accruals and deferred income 92,337 84,173
384,839 415,538

LILLESHALL HALL GOLF CLUB LIMITED (REGISTERED NUMBER: 11484061)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans (secured) 94,235 143,328
Covid bounce back loan 35,552 40,577
Hire purchase contracts 15,763 32,213
145,550 216,118

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans (secured) 141,730 189,225

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