Company Registration No. 12257524 (England and Wales)
HIGHFIELD GOLF & LEISURE LTD
Unaudited accounts
for the year ended 31 October 2023
HIGHFIELD GOLF & LEISURE LTD
Unaudited accounts
Contents
HIGHFIELD GOLF & LEISURE LTD
Company Information
for the year ended 31 October 2023
Company Number
12257524 (England and Wales)
Registered Office
550 VALLEY ROAD
NOTTINGHAM
NG5 1JJ
UNITED KINGDOM
Accountants
Hammond & Co
36 Chesterfield Road
Market Street
Staveley
Derbyshire
S43 3UT
HIGHFIELD GOLF & LEISURE LTD
Statement of financial position
as at 31 October 2023
Tangible assets
520,102
521,923
Cash at bank and in hand
2,113
1,487
Creditors: amounts falling due within one year
(58,947)
(67,892)
Net current liabilities
(56,834)
(66,405)
Total assets less current liabilities
463,268
455,518
Creditors: amounts falling due after more than one year
(464,561)
(458,055)
Net liabilities
(1,293)
(2,537)
Called up share capital
100
100
Profit and loss account
(1,393)
(2,637)
Shareholders' funds
(1,293)
(2,537)
For the year ending 31 October 2023 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 July 2024 and were signed on its behalf by
Lewis Horsman
Director
Company Registration No. 12257524
HIGHFIELD GOLF & LEISURE LTD
Notes to the Accounts
for the year ended 31 October 2023
HIGHFIELD GOLF & LEISURE LTD is a private company, limited by shares, registered in England and Wales, registration number 12257524. The registered office is 550 VALLEY ROAD, NOTTINGHAM, NG5 1JJ, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Fixtures & fittings
25% Reducing Balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2022
513,000
15,979
1,758
530,737
At 31 October 2023
513,000
15,979
1,758
530,737
At 1 November 2022
-
7,798
1,016
8,814
Charge for the year
-
1,636
185
1,821
At 31 October 2023
-
9,434
1,201
10,635
At 31 October 2023
513,000
6,545
557
520,102
At 31 October 2022
513,000
8,181
742
521,923
HIGHFIELD GOLF & LEISURE LTD
Notes to the Accounts
for the year ended 31 October 2023
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
9,175
-
Trade creditors
1,558
8,579
Taxes and social security
100
-
Loans from directors
17,141
38,778
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
293,524
309,496
Other creditors
171,037
148,559
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).