Acorah Software Products - Accounts Production 14.5.601 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 00262194 Mr Geoffrey Davidson Mr James Bamford Mrs Kathleen Crompton Mr Brian Geddes Mr Derek Irmie Mr Colin Ingledew Mr Matthew Nelder Mr Simon Woodrow Mr Neil Croston Mr Geoffrey Davidson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00262194 2023-02-28 00262194 2024-02-29 00262194 2023-03-01 2024-02-29 00262194 frs-core:CurrentFinancialInstruments 2024-02-29 00262194 frs-core:Non-currentFinancialInstruments 2024-02-29 00262194 frs-core:BetweenOneFiveYears 2024-02-29 00262194 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-29 00262194 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 00262194 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-02-28 00262194 frs-core:PlantMachinery 2024-02-29 00262194 frs-core:PlantMachinery 2023-03-01 2024-02-29 00262194 frs-core:PlantMachinery 2023-02-28 00262194 frs-core:WithinOneYear 2024-02-29 00262194 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 00262194 frs-bus:CompanyLimitedByGuarantee 2023-03-01 2024-02-29 00262194 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 00262194 frs-bus:SmallEntities 2023-03-01 2024-02-29 00262194 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 00262194 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 00262194 frs-bus:Director1 2023-03-01 2024-02-29 00262194 frs-bus:Director2 2023-03-01 2024-02-29 00262194 frs-bus:Director3 2023-03-01 2024-02-29 00262194 frs-bus:Director4 2023-03-01 2024-02-29 00262194 frs-bus:Director5 2023-03-01 2024-02-29 00262194 frs-bus:Director6 2023-03-01 2024-02-29 00262194 frs-bus:Director7 2023-03-01 2024-02-29 00262194 frs-bus:Director8 2023-03-01 2024-02-29 00262194 frs-bus:Director9 2023-03-01 2024-02-29 00262194 frs-bus:CompanySecretary1 2023-03-01 2024-02-29 00262194 frs-countries:EnglandWales 2023-03-01 2024-02-29 00262194 2022-02-28 00262194 2023-02-28 00262194 2022-03-01 2023-02-28 00262194 frs-core:CurrentFinancialInstruments 2023-02-28 00262194 frs-core:Non-currentFinancialInstruments 2023-02-28 00262194 frs-core:BetweenOneFiveYears 2023-02-28 00262194 frs-core:WithinOneYear 2023-02-28 00262194 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 00262194
Fleetwood Golf Club Limited(The)
Unaudited Financial Statements
For The Year Ended 29 February 2024
Brown & Co
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 00262194
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 199,872 136,386
199,872 136,386
CURRENT ASSETS
Stocks 5 11,865 8,563
Debtors 6 37,802 28,924
Cash at bank and in hand 572,216 505,541
621,883 543,028
Creditors: Amounts Falling Due Within One Year 7 (326,228 ) (224,576 )
NET CURRENT ASSETS (LIABILITIES) 295,655 318,452
TOTAL ASSETS LESS CURRENT LIABILITIES 495,527 454,838
Creditors: Amounts Falling Due After More Than One Year 8 (83,358 ) (51,885 )
NET ASSETS 412,169 402,953
Income and Expenditure Account 412,169 402,953
MEMBERS' FUNDS 412,169 402,953
Page 1
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For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.
The financial statements were approved by the board of directors on 16 April 2024 and were signed on its behalf by:
Mr Geoffrey Davidson
Director
16/04/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Fleetwood Golf Club Limited(The) is a private company, limited by guarantee, incorporated in England & Wales, registered number 00262194 . The registered office is Golf House, Princes House, Fleetwood, FY7 8AF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 20% on Cost
Plant & Machinery 20% on Cost
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income and expenditure account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to income and expenditure account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Members' Liability
The company is limited by guarantee, not having a share capital and consequently the liability of the members is limited. The members guarantee is limited to one half of the appropriate subscription for each class of member at that time.
The company is controlled by its members.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 13 (2023: 19)
13 19
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4. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost
As at 1 March 2023 455,308 390,927 846,235
Additions 441 104,726 105,167
As at 29 February 2024 455,749 495,653 951,402
Depreciation
As at 1 March 2023 437,579 272,270 709,849
Provided during the period 7,641 34,040 41,681
As at 29 February 2024 445,220 306,310 751,530
Net Book Value
As at 29 February 2024 10,529 189,343 199,872
As at 1 March 2023 17,729 118,657 136,386
5. Stocks
2024 2023
£ £
Stock 11,865 8,563
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 37,802 28,924
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 32,700 14,163
Trade creditors 14,998 14,071
Other taxes and social security 3,606 5,649
VAT 17,922 17,526
Net wages 13,825 12,936
Other creditors 46,609 40,486
Accruals and deferred income 196,568 119,745
326,228 224,576
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 83,358 51,885
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9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 32,700 14,163
Later than one year and not later than five years 83,358 51,885
116,058 66,048
116,058 66,048
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