Acorah Software Products - Accounts Production 15.0.600 false true false 1 April 2023 31 March 2024 31 March 2024 14356979 Mr Christopher Embling Mr William Perkins Mr James Malarkey Mrs Elizabeth Fulwell Mr Justin Maclennan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14356979 2023-03-31 14356979 2024-03-31 14356979 2023-04-01 2024-03-31 14356979 frs-core:Non-currentFinancialInstruments 2024-03-31 14356979 frs-core:ComputerEquipment 2023-04-01 2024-03-31 14356979 frs-core:FurnitureFittings 2023-04-01 2024-03-31 14356979 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 14356979 frs-core:PlantMachinery 2023-04-01 2024-03-31 14356979 frs-core:OtherReservesSubtotal 2024-03-31 14356979 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 14356979 frs-bus:CompanyLimitedByGuarantee 2023-04-01 2024-03-31 14356979 frs-bus:AbridgedAccounts 2023-04-01 2024-03-31 14356979 frs-bus:SmallEntities 2023-04-01 2024-03-31 14356979 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 14356979 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 14356979 frs-bus:Director1 2023-04-01 2024-03-31 14356979 frs-bus:Director2 2023-04-01 2024-03-31 14356979 frs-bus:Director3 2023-04-01 2024-03-31 14356979 frs-bus:Director4 2023-04-01 2024-03-31 14356979 frs-bus:Director5 2023-04-01 2024-03-31 14356979 frs-countries:EnglandWales 2023-04-01 2024-03-31
Registered number: 14356979
Minehead And West Somerset Golf Club Limited
ABRIDGED Financial Statements
For The Year Ended 31 March 2024
One Plus One Taunton Ltd
4 Discovery House
Cook Way
Taunton
Somerset
TA2 6BJ
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3
Page 1
Abridged Balance Sheet
Registered number: 14356979
2024
Notes £ £
FIXED ASSETS
Tangible Assets 429,770
429,770
CURRENT ASSETS
Stocks 15,014
Debtors 17,027
Cash at bank and in hand 251,646
283,687
Creditors: Amounts Falling Due Within One Year (234,916 )
NET CURRENT ASSETS (LIABILITIES) 48,771
TOTAL ASSETS LESS CURRENT LIABILITIES 478,541
Creditors: Amounts Falling Due After More Than One Year (21,434 )
NET ASSETS 457,107
RESERVES
Other reserves 454,469
Income and Expenditure Account 2,638
MEMBERS' FUNDS 457,107
Page 1
Page 2
For the year ending 31 March 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 March 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Christopher Embling
Director
08/07/2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Minehead And West Somerset Golf Club Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 14356979 . The registered office is The Warren, Warren Road, Minehead, Somerset, TA24 5SJ.
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 No depreciation
Plant & Machinery 25% reducing balance
Fixtures & Fittings 15% reducing balance
Computer Equipment 15% reducing balance
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 15
15
4. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 3