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REGISTERED NUMBER: 08114265 (England and Wales)















Whitwood Golf Club Ltd
Trading as
Groundwork Golf

Report of the Directors and

Unaudited Financial Statements For The Year Ended 31 March 2023






Whitwood Golf Club Ltd (Registered number: 08114265)
Trading as Groundwork Golf






Contents of the Financial Statements
For The Year Ended 31 March 2023




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


Whitwood Golf Club Ltd
Trading as Groundwork Golf

Company Information
For The Year Ended 31 March 2023







DIRECTORS: B W McMillan
D Large
P Cooper





REGISTERED OFFICE: Environment & Business Centre
Merlyn-Rees Avenue
Morley
LEEDS
West Yorkshire
LS27 9SL





REGISTERED NUMBER: 08114265 (England and Wales)





ACCOUNTANTS: Kingswood Allotts Limited
Chartered Accountants
Sidings Court
Lakeside
Doncaster
South Yorkshire
DN4 5NU

Whitwood Golf Club Ltd (Registered number: 08114265)
Trading as Groundwork Golf

Report of the Directors
For The Year Ended 31 March 2023

The directors present their report with the financial statements of the company for the year ended 31 March 2023.

REVIEW OF BUSINESS
RESULT FOR THE YEAR

A profit of £19,157 prior to gift aid donation (2022: £35,770) was made on turnover of £857,723 (2022: £809,238).

REVIEW OF BUSINESS
During the period of this report, Whitwood Golf Club Limited was a trading subsidiary owned by Groundwork Yorkshire, a charitable company whose objects are environmental, community and employment improvements in Yorkshire & the Humber. Whitwood Golf Club manages two golf courses - Springhead in Hull and Whitwood in Wakefield.

Whilst Whitwood Golf Club is not directly involved in the provision of charitable services, it works closely with the Trust and its contribution to the success of the Trust is more than simply the gift aiding of annual surplus. By delivering quality community services, Whitwood Golf Club actively promotes the aims of the Trust and the national Groundwork network, often in areas where the Groundwork message has not previously been heard. Both sites are also developing projects that have charitable aims - such as using the facilities for health and wellbeing related activities with young and older people.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 April 2022 to the date of this report.

B W McMillan
D Large
P Cooper

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





P Cooper - Director


26 September 2023

Whitwood Golf Club Ltd (Registered number: 08114265)
Trading as Groundwork Golf

Income Statement
For The Year Ended 31 March 2023

2023 2022
£    £   

TURNOVER 857,723 809,238

Cost of sales 424,429 401,541
GROSS PROFIT 433,294 407,697

Administrative expenses 432,398 433,581
896 (25,884 )

Other operating income 18,261 61,654
OPERATING PROFIT and
PROFIT BEFORE TAXATION 19,157 35,770

Tax on profit - -
PROFIT FOR THE FINANCIAL YEAR 19,157 35,770

Whitwood Golf Club Ltd (Registered number: 08114265)
Trading as Groundwork Golf

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 201,189 198,705

CURRENT ASSETS
Stocks 23,375 6,513
Debtors 5 157,950 179,928
Cash at bank 31,318 33,555
212,643 219,996
CREDITORS
Amounts falling due within one year 6 415,800 439,826
NET CURRENT LIABILITIES (203,157 ) (219,830 )
TOTAL ASSETS LESS CURRENT LIABILITIES (1,968 ) (21,125 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (2,068 ) (21,225 )
SHAREHOLDERS' FUNDS (1,968 ) (21,125 )

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 profit or loss 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.

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

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





P Cooper - Director


Whitwood Golf Club Ltd (Registered number: 08114265)
Trading as Groundwork Golf

Notes to the Financial Statements
For The Year Ended 31 March 2023

1. STATUTORY INFORMATION

Whitwood Golf Club Ltd is a private company, limited by shares , 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.

These accounts have been prepared on the going concern basis on the assumption that the parent company, Groundwork Yorkshire Limited, will continue to support its operations. Groundwork Yorkshire Limited has incurred group deficits on unrestricted funds. Details of Groundwork Yorkshire Limited's plans to address the deficit of funds can be found in note 1 of its accounts. These plans have included a merger with Groundwork North Yorkshire and The Leeds Groundwork Trust and the acquisition of part of the business of Groundwork South Yorkshire. This merger will continue to improve efficiency so enhance the ability of the group to support its subsidiaries.

Based on the above considerations the Board considers it remains appropriate to prepare the accounts on a going concern basis.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover from bar sales and green fees is recognised at the point of sale. Membership fees are recognised on a straight line basis over the subscription period.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Course and facilities - 5% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 20% on cost
Computer equipment - 33% 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.


Whitwood Golf Club Ltd (Registered number: 08114265)
Trading as Groundwork Golf

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss 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.

Government grants
The company has adopted the performance model.

Government capital grants towards the cost of developing the course and facilities are recognised in other income to match the depreciation charge on those assets. Unrecognised amounts are included in deferred income.

Government revenue grants towards current expenditure are recognised in the period the expenditure is incurred.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 29 (2022 - 25 ) .

4. TANGIBLE FIXED ASSETS
Course Fixtures
and and Motor Computer
facilities fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2022 154,585 109,917 62,110 18,736 345,348
Additions 10,338 23,438 - - 33,776
At 31 March 2023 164,923 133,355 62,110 18,736 379,124
DEPRECIATION
At 1 April 2022 35,740 65,197 30,010 15,696 146,643
Charge for year 9,412 14,370 6,750 760 31,292
At 31 March 2023 45,152 79,567 36,760 16,456 177,935
NET BOOK VALUE
At 31 March 2023 119,771 53,788 25,350 2,280 201,189
At 31 March 2022 118,845 44,720 32,100 3,040 198,705

Whitwood Golf Club Ltd (Registered number: 08114265)
Trading as Groundwork Golf

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 500 468
Amounts owed by group undertakings 90,124 131,756
Other debtors 2 1,837
Prepayments 67,324 45,867
157,950 179,928

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 150,076 190,861
Social security and other taxes 3,284 4,043
Other creditors 222,041 177,039
Deferred income 34,487 58,815
Accrued expenses 5,912 9,068
415,800 439,826

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the company's parent company, Groundwork Yorkshire Limited.



Its registered office is Environment & Business Centre, Merlyn-Rees Avenue, Morley, Leeds, LS27 9SL.

Group accounts are available from Companies House.