for the Period Ended 29 March 2023
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 29 March 2023
Directors
The directors shown below have held office during the whole of the period from
31 March 2022 to 29 March 2023
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
2023 | 2022 | |
---|---|---|
| £ | £ |
Turnover: | | |
Cost of sales: | ( | ( |
Gross profit(or loss): | | |
Administrative expenses: | ( | ( |
Other operating income: | | |
Operating profit(or loss): | ( | ( |
Interest receivable and similar income: | | |
Profit(or loss) before tax: | ( | ( |
Tax: | ( | ( |
Profit(or loss) for the financial year: | ( | ( |
As at
Notes | 2023 | 2022 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Tangible assets: | 3 | | |
Total fixed assets: | | | |
Current assets | |||
Debtors: | 4 | | |
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 5 | ( | ( |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Creditors: amounts falling due after more than one year: | 6 | ( | ( |
Provision for liabilities: | ( | ( | |
Total net assets (liabilities): | | | |
Capital and reserves | |||
Called up share capital: | | | |
Profit and loss account: | | | |
Total Shareholders' funds: | | |
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 29 March 2023
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 29 March 2023
2023 | 2022 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 29 March 2023
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 31 March 2022 | | | | | | |
Additions | | | | | ||
Disposals | ( | ( | ||||
Revaluations | ||||||
Transfers | ||||||
At 29 March 2023 | | | | | | |
Depreciation | ||||||
At 31 March 2022 | | | | | | |
Charge for year | | | | | | |
On disposals | ( | ( | ||||
Other adjustments | ||||||
At 29 March 2023 | | | | | | |
Net book value | ||||||
At 29 March 2023 | | | | | | |
At 30 March 2022 | | | | | |
for the Period Ended 29 March 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Trade debtors | | |
Prepayments and accrued income | | |
Total | | |
for the Period Ended 29 March 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Taxation and social security | | |
Accruals and deferred income | | |
Other creditors | | |
Total | | |
for the Period Ended 29 March 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts | | |
Total | | |
Marland Golf CIC continued to operate Marland Golf Course situated in Springfield Park, Rochdale. The focus of MG CIC is on making golf accessible to ALL and to encourage more local residents to enjoy the benefits of golf as an outdoor activity across ALL age groups.2022/23 saw the removal of covid restrictionsBenefits to the local community;PandemicOperations returned to normal end of 2022 into 2023Best Value GolfMarland Golf CIC made its first price increase for green fees and season tickets off the back of high inflation increasing the price of all raw materials including fuel, fertilizer and parts.Course ImprovementsThe focus for the course was a refresh of machinery and new greens mower and rough mower were purchased to support the new greenkeeper team.Outreach ProgramThe junior academy continued to grow this year and further community outreach took place with SEN sessions provided on the mini golf course and in the simulator. Great thanks continues to RR Golf for their continued support in providing most of our outreach sessions
Marland Golf CIC Stakeholders;Rochdale Borough CouncilLink 4 Life Leisure TrustSpringfield Park Golf Club Men’s and LadiesMarland Golf Course usersSpringfield Park usersRochdale Borough Council We continued to work on the key pillars of success-maintain a value for money golf course open to all local residents. -conduct outreach to encourage higher participation and utilization-offer free junior golf and lessons. Link 4 Life Leisure TrustL4L continued to support via equipment leasing Springfield Park Golf Cub Men’s and LadiesSPGC Men’s and Ladies members continue to hold competitions on the golf course on weekends.Marland Golf Course usersSocial media accounts on popular channels now have over 3,600 followers in the first 4years of opening.This has been the primary source for feedback on the work taking place at Marland Golf CIC, the feedback has been overwhelmingly positive.Springfield Park Users We continue to receive fantastic support from the ‘Friends of The Park” and MG CIC continues to complete planned maintenance on the running track at cost to try to support other community groups.
Director’s remuneration for the year was in line with other Directors of golf operators and access to the company pension scheme in line with all employees who are members of the company pension scheme.There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed”A company vehicle continued to be provided to support long-distance travel to and from the course
No transfer of assets other than for full consideration
This report was approved by the board of directors on
28 November 2023
And signed on behalf of the board by:
Name: J Jackson
Status: Director