IRIS Accounts Production v23.2.0.158 01491154 Board of Directors 1.4.22 31.3.23 31.3.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh014911542022-03-31014911542023-03-31014911542022-04-012023-03-31014911542021-03-31014911542021-04-012022-03-31014911542022-03-3101491154ns10:Originalns15:EnglandWales2022-04-012023-03-3101491154ns14:PoundSterlingns10:Original2022-04-012023-03-3101491154ns10:Originalns10:Director12022-04-012023-03-3101491154ns10:Original2022-04-012023-03-3101491154ns10:Original2023-03-3101491154ns10:Originalns10:CompanyLimitedByGuarantee2022-04-012023-03-3101491154ns10:Originalns10:SmallEntities2022-04-012023-03-3101491154ns10:Originalns10:AuditExemptWithAccountantsReport2022-04-012023-03-3101491154ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3101491154ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3101491154ns10:Originalns10:FullAccounts2022-04-012023-03-3101491154ns10:Original12022-04-012023-03-3101491154ns10:Originalns10:Director32022-04-012023-03-3101491154ns10:Originalns10:Director42022-04-012023-03-3101491154ns10:Originalns10:Director52022-04-012023-03-3101491154ns10:CompanySecretary1ns10:Original2022-04-012023-03-3101491154ns10:Originalns10:RegisteredOffice2022-04-012023-03-3101491154ns10:Original2022-03-3101491154ns10:Originalns5:CurrentFinancialInstruments2023-03-3101491154ns10:Originalns5:CurrentFinancialInstruments2022-03-3101491154ns10:Originalns5:Non-currentFinancialInstruments2023-03-3101491154ns10:Originalns5:Non-currentFinancialInstruments2022-03-3101491154ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3101491154ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3101491154ns10:Originalns5:NetGoodwill2022-04-012023-03-3101491154ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-04-012023-03-3101491154ns10:Originalns5:LeaseholdImprovements2022-04-012023-03-3101491154ns10:Originalns5:PlantMachinery2022-04-012023-03-3101491154ns10:Originalns5:FurnitureFittings2022-04-012023-03-3101491154ns10:Originalns5:ComputerEquipment2022-04-012023-03-3101491154ns10:Original2021-04-012022-03-3101491154ns10:Originalns5:NetGoodwill2022-03-3101491154ns10:Originalns5:NetGoodwill2023-03-3101491154ns10:Originalns5:NetGoodwill2022-03-3101491154ns10:Originalns5:LandBuildings2022-03-3101491154ns10:Originalns5:LeaseholdImprovements2022-03-3101491154ns10:Originalns5:PlantMachinery2022-03-3101491154ns10:Originalns5:LandBuildings2022-04-012023-03-3101491154ns10:Originalns5:LandBuildings2023-03-3101491154ns10:Originalns5:LeaseholdImprovements2023-03-3101491154ns10:Originalns5:PlantMachinery2023-03-3101491154ns10:Originalns5:LandBuildings2022-03-3101491154ns10:Originalns5:LeaseholdImprovements2022-03-3101491154ns10:Originalns5:PlantMachinery2022-03-3101491154ns10:Originalns5:FurnitureFittings2022-03-3101491154ns10:Originalns5:ComputerEquipment2022-03-3101491154ns10:Original2022-03-3101491154ns10:Originalns5:FurnitureFittings2023-03-3101491154ns10:Originalns5:ComputerEquipment2023-03-3101491154ns10:Originalns5:FurnitureFittings2022-03-3101491154ns10:Originalns5:ComputerEquipment2022-03-3101491154ns10:Originalns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-03-3101491154ns10:Originalns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-04-012023-03-3101491154ns10:Originalns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-03-3101491154ns10:Originalns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-03-3101491154ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3101491154ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-31
REGISTERED NUMBER: 01491154 (England and Wales)















NORMANTON GOLF CLUB LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023






NORMANTON GOLF CLUB LIMITED (REGISTERED NUMBER: 01491154)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Report of the Accountants 8

NORMANTON GOLF CLUB LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: A D Hall
R I Carter
D G Fox
C Dean





SECRETARY:





REGISTERED OFFICE: Hatfeild Hall
Aberford Road
Stanley
Wakefield
West Yorkshire
WF3 4JP





REGISTERED NUMBER: 01491154 (England and Wales)





ACCOUNTANTS: FINLAYSON & CO
Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL

NORMANTON GOLF CLUB LIMITED (REGISTERED NUMBER: 01491154)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2 2
Property, plant and equipment 5 1,640,939 1,654,250
1,640,941 1,654,252

CURRENT ASSETS
Inventories 10,039 11,555
Debtors 6 32,967 28,769
Cash at bank and in hand 448,184 422,492
491,190 462,816
CREDITORS
Amounts falling due within one year 7 445,818 382,563
NET CURRENT ASSETS 45,372 80,253
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,686,313

1,734,505

CREDITORS
Amounts falling due after more than one
year

8

30,747

44,807
NET ASSETS 1,655,566 1,689,698

RESERVES
Income and expenditure account 1,655,566 1,689,698
1,655,566 1,689,698

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.

NORMANTON GOLF CLUB LIMITED (REGISTERED NUMBER: 01491154)

STATEMENT OF FINANCIAL POSITION - 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 11 September 2023 and were signed on its behalf by:





C Dean - Director


NORMANTON GOLF CLUB LIMITED (REGISTERED NUMBER: 01491154)

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

1. STATUTORY INFORMATION

Normanton 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 as modified by the revaluation of certain assets.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover
Turnover represents the value from the sale of goods, the provision of services and the receipt of members subscriptions and entrance fees and gaming machine income excluding value added tax. Turnover is recognised in the period to which the invoiced supply relates.

Goodwill
Goodwill has not been amortised as the directors consider the actual value is in excess of book value.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 5% on cost
Plant and Machinery - 15% on cost
Furniture & Fixtures - 15% on cost
Office Equipment - 15% on cost

Freehold Land and Buildings
Freehold Land and Buildings have not been depreciated as the directors consider that they are not a depreciating asset.

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

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to surplus or deficit over the relevant period. The capital element of the future payments is treated as a liability.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 42 (2022 - 16 ) .

NORMANTON GOLF CLUB LIMITED (REGISTERED NUMBER: 01491154)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 2
NET BOOK VALUE
At 31 March 2023 2
At 31 March 2022 2

5. PROPERTY, PLANT AND EQUIPMENT
Improvements
Freehold to Plant and
property property Machinery
£    £    £   
COST OR VALUATION
At 1 April 2022 1,440,000 129,141 292,028
Additions - - 51,995
Disposals (5,000 ) - -
At 31 March 2023 1,435,000 129,141 344,023
DEPRECIATION
At 1 April 2022 - 39,646 187,062
Charge for year - 6,454 48,581
At 31 March 2023 - 46,100 235,643
NET BOOK VALUE
At 31 March 2023 1,435,000 83,041 108,380
At 31 March 2022 1,440,000 89,495 104,966

Furniture Office
& Fixtures Equipment Totals
£    £    £   
COST OR VALUATION
At 1 April 2022 37,356 3,094 1,901,619
Additions 826 - 52,821
Disposals - - (5,000 )
At 31 March 2023 38,182 3,094 1,949,440
DEPRECIATION
At 1 April 2022 19,871 790 247,369
Charge for year 5,633 464 61,132
At 31 March 2023 25,504 1,254 308,501
NET BOOK VALUE
At 31 March 2023 12,678 1,840 1,640,939
At 31 March 2022 17,485 2,304 1,654,250

NORMANTON GOLF CLUB LIMITED (REGISTERED NUMBER: 01491154)

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

5. PROPERTY, PLANT AND EQUIPMENT - continued

Cost or valuation at 31 March 2023 is represented by:

Improvements
Freehold to Plant and
property property Machinery
£    £    £   
Valuation in 2009 (348,291 ) - -
Valuation in 2022 (1,232,400 ) - -
Cost 3,015,691 129,141 344,023
1,435,000 129,141 344,023

Furniture Office
& Fixtures Equipment Totals
£    £    £   
Valuation in 2009 - - (348,291 )
Valuation in 2022 - - (1,232,400 )
Cost 38,182 3,094 3,530,131
38,182 3,094 1,949,440

If Freehold Land and Buildings had not been revalued they would have been included at the following historical cost:

2023 2022
£    £   
Cost 3,098,291 3,098,291

Freehold Land and Buildings were valued on an open market basis on 23 March 2022 by Springate Ltd trading as Smith leisure .

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
Machinery
£   
COST OR VALUATION
At 1 April 2022
and 31 March 2023 89,040
DEPRECIATION
At 1 April 2022 62,888
Charge for year 21,149
At 31 March 2023 84,037
NET BOOK VALUE
At 31 March 2023 5,003
At 31 March 2022 26,152

NORMANTON GOLF CLUB LIMITED (REGISTERED NUMBER: 01491154)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 17,394 5,127
Other debtors 15,573 23,642
32,967 28,769

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 9,747 9,507
Hire purchase contracts 4,314 15,743
Trade creditors 46,465 38,708
Taxation and social security 9,933 5,145
Other creditors 375,359 313,460
445,818 382,563

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 30,747 40,493
Hire purchase contracts - 4,314
30,747 44,807

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Hire purchase contracts 4,314 20,057

Hire purchase creditors and finance leases creditors are secured on the assets to which they relate.

10. CONTROLLING INTEREST

The company was controlled throughout the year by its directors who run the club on behalf of the members.

11. LIMITED BY GUARANTEE

The liability of the members is limited. Every member of the club undertakes to contribute to the assets of the company in the event of the company being wound up, not exceeding £1.

12. DIRECTORS' REMUNERATION AND EXPENSES

During the year £NIL (2022: £NIL) was paid in Directors' Remuneration. No director claimed or received expenses during the year (2022: £NIL).

NORMANTON GOLF CLUB LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
NORMANTON GOLF CLUB LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 March 2023 set out on pages two to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






FINLAYSON & CO
Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL


11 September 2023