IRIS Accounts Production v23.3.1.45 00983170 Board of Directors 1.4.22 31.3.23 31.3.23 28.9.23 false true false false true false Auditors Opinion iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure009831702022-03-31009831702023-03-31009831702022-04-012023-03-31009831702021-03-31009831702021-04-012022-03-31009831702022-03-3100983170ns16:EnglandWales2022-04-012023-03-3100983170ns15:PoundSterling2022-04-012023-03-3100983170ns11:Director12022-04-012023-03-3100983170ns11:CompanyLimitedByGuarantee2022-04-012023-03-3100983170ns11:SmallEntities2022-04-012023-03-3100983170ns11:Audited2022-04-012023-03-3100983170ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3100983170ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3100983170ns11:FullAccounts2022-04-012023-03-3100983170ns11:Director22022-04-012023-03-3100983170ns11:Director32022-04-012023-03-3100983170ns11:Director42022-04-012023-03-3100983170ns11:Director52022-04-012023-03-3100983170ns11:Director62022-04-012023-03-3100983170ns11:Director72022-04-012023-03-3100983170ns11:Director82022-04-012023-03-3100983170ns11:Director92022-04-012023-03-3100983170ns11:Director122022-04-012023-03-3100983170ns11:Director132022-04-012023-03-3100983170ns11:Director142022-04-012023-03-3100983170ns11:Director152022-04-012023-03-3100983170ns11:CompanySecretary12022-04-012023-03-3100983170ns11:RegisteredOffice2022-04-012023-03-3100983170ns6:CurrentFinancialInstruments2023-03-3100983170ns6:CurrentFinancialInstruments2022-03-3100983170ns6:Non-currentFinancialInstruments2023-03-3100983170ns6:Non-currentFinancialInstruments2022-03-3100983170ns6:FurtherSpecificReserve1ComponentTotalEquity2023-03-3100983170ns6:FurtherSpecificReserve1ComponentTotalEquity2022-03-3100983170ns6:RetainedEarningsAccumulatedLosses2023-03-3100983170ns6:RetainedEarningsAccumulatedLosses2022-03-3100983170ns6:LeaseholdImprovements2022-04-012023-03-3100983170ns6:PlantMachinery2022-04-012023-03-3100983170ns6:FurnitureFittings2022-04-012023-03-3100983170ns6:MotorVehicles2022-04-012023-03-3100983170ns6:LeaseholdImprovements2022-03-3100983170ns6:PlantMachinery2022-03-3100983170ns6:FurnitureFittings2022-03-3100983170ns6:MotorVehicles2022-03-3100983170ns6:LeaseholdImprovements2023-03-3100983170ns6:PlantMachinery2023-03-3100983170ns6:FurnitureFittings2023-03-3100983170ns6:MotorVehicles2023-03-3100983170ns6:LeaseholdImprovements2022-03-3100983170ns6:PlantMachinery2022-03-3100983170ns6:FurnitureFittings2022-03-3100983170ns6:MotorVehicles2022-03-3100983170ns6:CostValuation2022-03-3100983170ns6:WithinOneYearns6:CurrentFinancialInstruments2023-03-3100983170ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-3100983170ns6:WithinOneYear2023-03-3100983170ns6:WithinOneYear2022-03-3100983170ns6:BetweenOneFiveYears2023-03-3100983170ns6:BetweenOneFiveYears2022-03-3100983170ns6:AllPeriods2023-03-3100983170ns6:AllPeriods2022-03-3100983170ns6:RetainedEarningsAccumulatedLosses2022-03-3100983170ns6:FurtherSpecificReserve1ComponentTotalEquity2022-03-3100983170ns6:RetainedEarningsAccumulatedLosses2022-04-012023-03-31
REGISTERED NUMBER: 00983170 (England and Wales)










Financial Statements

for the Year Ended 31 March 2023

for

Scarborough North Cliff
Golf Club Limited

Scarborough North Cliff
Golf Club Limited (Registered number: 00983170)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Scarborough North Cliff
Golf Club Limited

Company Information
for the Year Ended 31 March 2023







Directors: I D Ellard
D P Parrott
E Paterson
S W Boddy
M Brooke
P J Brookes
C Glaves
P Murray
A R Owenson
C P Stanley
D J Trenham
R M Stansfield
A Brown





Secretary: J Duck





Registered office: North Cliff Avenue
Burniston Road
Scarborough
North Yorkshire
YO12 6PP





Registered number: 00983170 (England and Wales)





Auditors: Ashby Berry Coulsons Limited
Statutory Auditor
2 Belgrave Crescent
Scarborough
North Yorkshire
YO11 1UB

Scarborough North Cliff
Golf Club Limited (Registered number: 00983170)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Tangible assets 4 173,619 168,364
Investments 5 1 1
173,620 168,365

Current assets
Stocks 5,647 3,824
Debtors 6 22,477 36,609
Cash at bank and in hand 124,864 158,964
152,988 199,397
Creditors
Amounts falling due within one year 7 128,365 134,075
Net current assets 24,623 65,322
Total assets less current liabilities 198,243 233,687

Creditors
Amounts falling due after more than one
year

8

25,000

35,000
Net assets 173,243 198,687

Reserves
Club development fund 10 3,246 6,491
Income and expenditure account 10 169,997 192,196
173,243 198,687

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 28 September 2023 and were signed on its behalf by:



I D Ellard - Director


Scarborough North Cliff
Golf Club Limited (Registered number: 00983170)

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

1. Statutory information

Scarborough North Cliff Golf Club Limited is a private company, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page. The company is limited by guarantee and consequently does not have any share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

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.

Preparation of consolidated financial statements
The financial statements contain information about Scarborough North Cliff Golf Club Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
The turnover and other operating income arises from the usual activities of a golf club. This primarily includes membership subscriptions received as well as other golf and advertising related income during the year. Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts.

Donations towards revenue and capital expenditure are recognised at the point at which the related expenditure is incurred.

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 greenkeeping equipment - 12.5% on cost
Clubhouse furnishings and equipment - 5 - 12.5% on cost
Borehole - 10% on cost
Carpark - 10% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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

Scarborough North Cliff
Golf Club Limited (Registered number: 00983170)

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

2. Accounting policies - continued

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Provisions
Provisions are recognised when the company has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated.

Tax
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Employee benefits
When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service. Although the company does not operate a pension scheme for its employees, it makes contributions on behalf of employees to their personal pension scheme. Contributions are charged to the income and expenditure account as they become payable.

Government grants
Grants of a revenue nature are credited to the income statement in the period to which they relate. Government grants are presented separately and disclosed in Other operating income in the income statement. Grants in the previous year comprise of the UK Government assistance provided during the Covid-19 pandemic.

3. Employees and directors

The average number of employees during the year was 7 (2022 - 7 ) .

Scarborough North Cliff
Golf Club Limited (Registered number: 00983170)

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

4. Tangible fixed assets
Course Clubhouse
and furnishings
greenkeeping and
equipment equipment Borehole Carpark Totals
£    £    £    £    £   
Cost
At 1 April 2022 511,997 340,798 6,835 48,124 907,754
Additions 45,805 - - - 45,805
Disposals (25,735 ) - - - (25,735 )
At 31 March 2023 532,067 340,798 6,835 48,124 927,824
Depreciation
At 1 April 2022 453,412 231,021 6,834 48,123 739,390
Charge for year 22,649 17,901 - - 40,550
Eliminated on disposal (25,735 ) - - - (25,735 )
At 31 March 2023 450,326 248,922 6,834 48,123 754,205
Net book value
At 31 March 2023 81,741 91,876 1 1 173,619
At 31 March 2022 58,585 109,777 1 1 168,364

5. Fixed asset investments
Shares in
group
undertakings
£   
Cost
At 1 April 2022
and 31 March 2023 1
Net book value
At 31 March 2023 1
At 31 March 2022 1

6. Debtors: amounts falling due within one year
2023 2022
£    £   
Amounts owed by group undertakings 17,927 32,705
Prepayments and accrued income 4,550 3,904
22,477 36,609

Scarborough North Cliff
Golf Club Limited (Registered number: 00983170)

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

7. Creditors: amounts falling due within one year
2023 2022
£    £   
Bank loans and overdrafts 7,500 7,500
Trade creditors 19,016 14,271
Taxation and social security 3,595 3,293
Other creditors 98,254 109,011
128,365 134,075

8. Creditors: amounts falling due after more than one year
2023 2022
£    £   
Bank loans 25,000 35,000

9. Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 80,000 80,000
Between one and five years 160,000 240,000
240,000 320,000

10. Reserves
Income
and Club
expenditure development
account fund Totals
£    £    £   

At 1 April 2022 192,196 6,491 198,687
Deficit for the year (25,444 ) (25,444 )
Transfer 3,245 (3,245 ) -
At 31 March 2023 169,997 3,246 173,243

The club development fund is a non statutory reserve where the members have designated funds raised from the Centenary Year. These funds were used to renovate the gents dressing room. The reserve is reducing every year to match the depreciation on the capitalisation of the renovation works. The reserve is to be written off next year at £3,246.

Scarborough North Cliff
Golf Club Limited (Registered number: 00983170)

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

11. Disclosure under Section 444(5B) of the Companies Act 2006

The Report of the Auditors was unqualified.

Timothy Jones FCA (Senior Statutory Auditor)
for and on behalf of Ashby Berry Coulsons Limited

12. Capital commitments
2023 2022
£    £   
Contracted but not provided for in the
financial statements - 46,284

13. Related party disclosures

During the year the company received a gift aid donation from Scarborough North Cliff Golf Club Trading Company Limited totalling £114,945 (2022 - £60,391). At the year end the total amount owed from Scarborough North Cliff Golf Club Trading Company Limited was £17,927 (2022 - £32,705) and is included within debtors due within one year.