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 | |||
Stocks: | 4 | | |
Debtors: | 5 | | |
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 6 | ( | ( |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Creditors: amounts falling due after more than one year: | 7 | ( | ( |
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 | |
---|---|---|
£ | £ | |
Stocks | | |
Total | |
for the Period Ended 29 March 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Prepayments and accrued income | | |
Total | | |
for the Period Ended 29 March 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Trade creditors | | |
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 | | |
Heaton Park Golf CIC operates Heaton Park Golf Course situated in Heaton Park, Manchester. The focus of HPG 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.Heaton Park Golf CIC was created to keep golf being played at “The Park”. 2022/23 saw the removal of covid restrictionsBenefits to the local community;PandemicOperations returned to normal end of 2022 into 2023The PavilionAnother strong year in The Pavilion with strong number of eventsA new marquee was installed on the old 1st tee to accommodate more functions, which has been a great success.Gas and Electric bills have been a drag on the success of The Pavilion with our costs more than doubling in this financial year. A sustainability program was introduced to reduce energy usage and a smart thermostat installed to reduce heating costs. All these initiatives worked but the utilities costs remained higher than manageable. We also sought support from Manchester City Council to look at more energy efficient windows to be installed in the Pavilion to reduce heat loss, this is being looked at as part of the Councils estate reviewBest Value GolfHP 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.As part of the installation of the Marquee on the 1st tee a new 1st tee was built, which reshaped the hole to be much safer for park users as there is a main entrance on the right hand side of the hole.There was also significant investment in new machinery at HP this year due to machines coming to end of life.We are also close to our first 2 apprentices qualifying from their greenkeeper qualifications, this was a key aim to build expertise within the organisationPitch and Putt CourseThe pitch and putt course remained a huge success and the mini golf had further investment with characters added to them the course. The refreshment continued to remain open to service the golfers and the park usersOutreach 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
Heaton Park Golf CIC Stakeholders;Manchester City CouncilHeaton Park Golf ClubHeaton Park Golf Course usersHeaton Park usersManchester City 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. -open up “The Pavilion” to both golf users and park users Heaton Park Golf CubHPGC have continued to be a strong supporter of the Golf Course. Competitions run once a week and the feedback on the course and Pavilion has been positive.Heaton Park and Heaton Park Golf usersSocial media accounts on popular channels now have over 8,000 followers in the first 3years of opening.This has been the primary source for feedback on the work taking place at Heaton Park Golf CIC, the feedback has been overwhelmingly positive.
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”pol 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
23 November 2023
And signed on behalf of the board by:
Name: J Jackson
Status: Director