Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31falsefalse2023-01-01No description of principal activity2422trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 00620066 2023-01-01 2023-12-31 00620066 2022-01-01 2022-12-31 00620066 2023-12-31 00620066 2022-12-31 00620066 2022-01-01 00620066 2 2023-01-01 2023-12-31 00620066 2 2022-01-01 2022-12-31 00620066 d:Director2 2023-01-01 2023-12-31 00620066 e:Buildings e:LongLeaseholdAssets 2023-01-01 2023-12-31 00620066 e:Buildings e:LongLeaseholdAssets 2023-12-31 00620066 e:Buildings e:LongLeaseholdAssets 2022-12-31 00620066 e:PlantMachinery 2023-01-01 2023-12-31 00620066 e:PlantMachinery 2023-12-31 00620066 e:PlantMachinery 2022-12-31 00620066 e:PlantMachinery e:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 00620066 e:FurnitureFittings 2023-01-01 2023-12-31 00620066 e:FurnitureFittings 2023-12-31 00620066 e:FurnitureFittings 2022-12-31 00620066 e:FurnitureFittings e:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 00620066 e:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 00620066 e:CurrentFinancialInstruments 2023-12-31 00620066 e:CurrentFinancialInstruments 2022-12-31 00620066 e:Non-currentFinancialInstruments 2023-12-31 00620066 e:Non-currentFinancialInstruments 2022-12-31 00620066 e:CurrentFinancialInstruments e:WithinOneYear 2023-12-31 00620066 e:CurrentFinancialInstruments e:WithinOneYear 2022-12-31 00620066 e:Non-currentFinancialInstruments e:AfterOneYear 2023-12-31 00620066 e:Non-currentFinancialInstruments e:AfterOneYear 2022-12-31 00620066 e:ShareCapital 2023-01-01 2023-12-31 00620066 e:ShareCapital 2023-12-31 00620066 e:ShareCapital 2022-01-01 2022-12-31 00620066 e:ShareCapital 2022-12-31 00620066 e:ShareCapital 2022-01-01 00620066 e:CapitalRedemptionReserve 2023-01-01 2023-12-31 00620066 e:CapitalRedemptionReserve 2023-12-31 00620066 e:CapitalRedemptionReserve 2 2023-01-01 2023-12-31 00620066 e:CapitalRedemptionReserve 2022-01-01 2022-12-31 00620066 e:CapitalRedemptionReserve 2022-12-31 00620066 e:CapitalRedemptionReserve 2022-01-01 00620066 e:CapitalRedemptionReserve 2 2022-01-01 2022-12-31 00620066 e:InvestmentPropertiesRevaluationReserve 2023-01-01 2023-12-31 00620066 e:InvestmentPropertiesRevaluationReserve 2023-12-31 00620066 e:InvestmentPropertiesRevaluationReserve 2 2023-01-01 2023-12-31 00620066 e:InvestmentPropertiesRevaluationReserve 2022-01-01 2022-12-31 00620066 e:InvestmentPropertiesRevaluationReserve 2022-12-31 00620066 e:InvestmentPropertiesRevaluationReserve 2022-01-01 00620066 e:InvestmentPropertiesRevaluationReserve 2 2022-01-01 2022-12-31 00620066 e:ForeignCurrencyTranslationReserve 2023-01-01 2023-12-31 00620066 e:ForeignCurrencyTranslationReserve 2023-12-31 00620066 e:ForeignCurrencyTranslationReserve 2 2023-01-01 2023-12-31 00620066 e:ForeignCurrencyTranslationReserve 2022-01-01 2022-12-31 00620066 e:ForeignCurrencyTranslationReserve 2022-12-31 00620066 e:ForeignCurrencyTranslationReserve 2022-01-01 00620066 e:ForeignCurrencyTranslationReserve 2 2022-01-01 2022-12-31 00620066 e:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 00620066 e:RetainedEarningsAccumulatedLosses 2023-12-31 00620066 e:RetainedEarningsAccumulatedLosses 2 2023-01-01 2023-12-31 00620066 e:RetainedEarningsAccumulatedLosses 2022-01-01 2022-12-31 00620066 e:RetainedEarningsAccumulatedLosses 2022-12-31 00620066 e:RetainedEarningsAccumulatedLosses 2022-01-01 00620066 e:RetainedEarningsAccumulatedLosses 2 2022-01-01 2022-12-31 00620066 d:FRS102 2023-01-01 2023-12-31 00620066 d:IndependentExaminationCharity 2023-01-01 2023-12-31 00620066 d:FullAccounts 2023-01-01 2023-12-31 00620066 d:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 00620066 2 2023-01-01 2023-12-31 00620066 e:PlantMachinery e:LeasedAssetsHeldAsLessee 2023-12-31 00620066 e:PlantMachinery e:LeasedAssetsHeldAsLessee 2022-12-31 00620066 e:FurnitureFittings e:LeasedAssetsHeldAsLessee 2023-12-31 00620066 e:FurnitureFittings e:LeasedAssetsHeldAsLessee 2022-12-31 00620066 e:LeasedAssetsHeldAsLessee 2023-12-31 00620066 e:LeasedAssetsHeldAsLessee 2022-12-31 00620066 f:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 00620066









TEMPLE HOLDINGS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
TEMPLE HOLDINGS LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF TEMPLE HOLDINGS LIMITED
FOR THE YEAR ENDED 31 DECEMBER 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Temple Holdings Limited for the year ended 31 December 2023 which comprise  the Balance sheet, the Statement of changes in equity  and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/ members/regulations-standards-and-guidance/.

It is your duty to ensure that Temple Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Temple Holdings Limited. You consider that Temple Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Temple Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



Feltons
 
Chartered Accountants
  
1 The Green
Richmond
Surrey
TW9 1PL
5 March 2024
Page 1

 
TEMPLE HOLDINGS LIMITED
REGISTERED NUMBER: 00620066

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
587,341
575,615

  
587,341
575,615

Current assets
  

Stocks
  
20,135
20,348

Debtors: amounts falling due within one year
 5 
29,078
31,285

Cash at bank and in hand
 6 
639,312
565,547

  
688,525
617,180

Creditors: amounts falling due within one year
 7 
(648,568)
(590,039)

Net current assets
  
 
 
39,957
 
 
27,141

Total assets less current liabilities
  
627,298
602,756

Creditors: amounts falling due after more than one year
 8 
(105,308)
(66,401)

  

Net assets
  
521,990
536,355


Capital and reserves
  

Called up share capital 
  
333,595
338,798

Capital redemption reserve
 9 
13,301
8,100

Renovation reserve
 9 
97,907
102,562

Fund raising & special projects reserve
 9 
64,896
73,095

Profit and loss account
 9 
12,291
13,800

  
521,990
536,355


The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

Page 2

 
TEMPLE HOLDINGS LIMITED
REGISTERED NUMBER: 00620066
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 5 March 2024.




................................................
F M Dillingham
Director

The notes on pages 6 to 11 form part of these financial statements.

Page 3

 

 
TEMPLE HOLDINGS LIMITED


 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2023



Called up share capital
Capital redemption reserve
Fund raising & special projects reserve
Renovation reserve
Profit and loss account
Total equity


£
£
£
£
£
£


At 1 January 2023
338,798
8,100
73,095
102,562
13,800
536,355



Comprehensive income for the year


Loss for the year
-
-
-
-
(9,162)
(9,162)



Contributions by and distributions to owners


Shares movement during the year
(5,203)
-
-
-
-
(5,203)


Transfer re share issue
-
5,201
-
-
(5,201)
-


Transfer to/from profit and loss account
-
-
(8,199)
(4,655)
12,854
-



Total transactions with owners
(5,203)
5,201
(8,199)
(4,655)
7,653
(5,203)



At 31 December 2023
333,595
13,301
64,896
97,907
12,291
521,990



The notes on pages 6 to 11 form part of these financial statements.

Page 4

 

 
TEMPLE HOLDINGS LIMITED


 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2022



Called up share capital
Capital redemption reserve
Fund raising & special projects reserve
Renovation reserve
Profit and loss account
Total equity


£
£
£
£
£
£


At 1 January 2022
343,785
3,100
74,025
107,217
(9,788)
518,339



Comprehensive income for the year


Profit for the year
-
-
-
-
23,003
23,003



Contributions by and distributions to owners


Shares movement during the year
(4,987)
-
-
-
-
(4,987)


Transfer re share issue
-
5,000
-
-
(5,000)
-


Transfer to/from profit and loss account
-
-
(930)
(4,655)
5,585
-



Total transactions with owners
(4,987)
5,000
(930)
(4,655)
585
(4,987)



At 31 December 2022
338,798
8,100
73,095
102,562
13,800
536,355



The notes on pages 6 to 11 form part of these financial statements.

Page 5

 
TEMPLE HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Temple Holdings Limited is a company incorporated in the United Kingdom under the Companies Act. The company is a private company limited by shares and is registered in England and Wales. The company's registered number is 00620066. The address of the registered office is Temple Golf Club, Henley Road Hurley, Maidenhead, Berkshire, SL6 5LH.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Page 6

 
TEMPLE HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.4

Leased assets: the Company as lessee

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase 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 creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to profit or loss so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

 
2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.6

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 7

 
TEMPLE HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)


2.8
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Long-term leasehold property
-
4% straight line or evenly over the term of the lease
Plant and machinery
-
13% or 20% straight line
Fixtures and fittings
-
13% or 20% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.9

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.10

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.11

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.12

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 24 (2022 - 22).

Page 8

 
TEMPLE HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Tangible fixed assets





Long-term leasehold property
Plant and machinery
Fixtures and fittings
Total

£
£
£
£



Cost or valuation


At 1 January 2023
947,947
470,663
43,459
1,462,069


Additions
34,641
107,070
1,915
143,626



At 31 December 2023

982,588
577,733
45,374
1,605,695



Depreciation


At 1 January 2023
532,612
323,735
30,107
886,454


Charge for the year on owned assets
76,158
50,580
5,162
131,900



At 31 December 2023

608,770
374,315
35,269
1,018,354



Net book value



At 31 December 2023
373,818
203,418
10,105
587,341



At 31 December 2022
415,335
146,928
13,352
575,615

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2023
2022
£
£



Plant and machinery
163,591
113,609

Furniture, fittings and equipment
-
297

163,591
113,906

Page 9

 
TEMPLE HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Debtors

2023
2022
£
£


Trade debtors
21,652
25,754

Other debtors
7,426
5,531

29,078
31,285



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
639,312
565,547

639,312
565,547



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
125,397
130,120

Other taxation and social security
27,542
14,350

Obligations under finance lease and hire purchase contracts
50,365
37,974

Other creditors
29,192
22,958

Accruals and deferred income
416,072
384,637

648,568
590,039



8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Net obligations under finance leases and hire purchase contracts
101,665
61,544

Accruals and deferred income
3,643
4,857

105,308
66,401


Page 10

 
TEMPLE HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

9.


Reserves

Renovation reserve

The renovation reserve was set up in order to fund renovation projects on the course. The fund is gradually released to the profit and loss account in parallel with the annual depreciation of the assets capitalised as part of the course renovations.

Fundraising reserve

The Fundraising reserve was set up in 2011 and will gradually be released to the profit and loss account in parallel with the annual depreciation of the assets concerned. The reserve has been combined with the Special Projects Reserve to form the one Fundraising and Special Projects Reserve, made up of fundraising income to be used for specific capital expenditure items that might not otherwise be affordable.
The Fundraising Committee works closely with the Board of Directors to identify projects which will benefit all, and the funds are held in a separate bank account.

Profit and loss account

The profit and loss reserves contains all prior and current year profits and losses as well as transfers from the renovation and course appeal reserves.


10.


Pension commitments

The company operates a defined contributions scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £24,658 (2022: £24,080). Contributions totalling £8,042 (2022: £4,970) were payable to the fund at the balance sheet date and are included in creditors.

 
Page 11