Ryehill Golf Limited 12075258 false 2022-12-01 2023-11-30 2023-11-30 The principal activity of the company is the operation and management of the 18-Hole golf course, academy course, driving range and foot golf facilities at Ryehill Golf Club. Digita Accounts Production Advanced 6.30.9574.0 true true 12075258 2022-12-01 2023-11-30 12075258 2023-11-30 12075258 core:CurrentFinancialInstruments 2023-11-30 12075258 core:CurrentFinancialInstruments core:WithinOneYear 2023-11-30 12075258 core:FurnitureFittings 2023-11-30 12075258 core:PlantMachinery 2023-11-30 12075258 bus:SmallEntities 2022-12-01 2023-11-30 12075258 bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 12075258 bus:FilletedAccounts 2022-12-01 2023-11-30 12075258 bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 12075258 bus:RegisteredOffice 2022-12-01 2023-11-30 12075258 bus:Director1 2022-12-01 2023-11-30 12075258 bus:CompanyLimitedByGuarantee 2022-12-01 2023-11-30 12075258 core:FurnitureFittings 2022-12-01 2023-11-30 12075258 core:PlantMachinery 2022-12-01 2023-11-30 12075258 countries:EnglandWales 2022-12-01 2023-11-30 12075258 2022-11-30 12075258 core:FurnitureFittings 2022-11-30 12075258 core:PlantMachinery 2022-11-30 12075258 2021-12-01 2022-11-30 12075258 2022-11-30 12075258 core:CurrentFinancialInstruments 2022-11-30 12075258 core:CurrentFinancialInstruments core:WithinOneYear 2022-11-30 12075258 core:FurnitureFittings 2022-11-30 12075258 core:PlantMachinery 2022-11-30 iso4217:GBP xbrli:pure

Registration number: 12075258

Ryehill Golf Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 November 2023

 

Ryehill Golf Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 5

 

Ryehill Golf Limited

(Registration number: 12075258)
Balance Sheet as at 30 November 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

2,915

5,402

Current assets

 

Debtors

5

91,081

117,456

Cash at bank and in hand

 

53,109

19,725

 

144,190

137,181

Creditors: Amounts falling due within one year

6

(155,685)

(163,911)

Net current liabilities

 

(11,495)

(26,730)

Net liabilities

 

(8,580)

(21,328)

Reserves

 

Retained earnings

(8,580)

(21,328)

Deficit

 

(8,580)

(21,328)

For the financial year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 26 August 2024
 

.........................................
H Guerroudj
Director

 

Ryehill Golf Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

1

General information

The company is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

The address of its registered office is:
2 Old Bath Road
Newbury
Berkshire
RG14 1QL
England

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

At 30 November 2023 the company had net liabilities of £8,580 and net current liabilities of £11,495. H Guerroudj, a director, has confirmed that he will continue to provide such financial support as is necessary to enable the company to meet its liabilities as they fall due and these accounts have therefore been prepared on the going concern basis, which assumes that this will be the case.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of golf services provided in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

25% straight line basis

Fixtures and fittings

25% straight line basis

 

Ryehill Golf Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 6 (2022 - 3).

 

Ryehill Golf Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

4

Tangible assets

Fixtures and fittings
£

Plant and machinery
£

Total
£

Cost or valuation

At 1 December 2022

4,908

6,206

11,114

Additions

319

-

319

At 30 November 2023

5,227

6,206

11,433

Depreciation

At 1 December 2022

2,807

2,905

5,712

Charge for the year

1,260

1,546

2,806

At 30 November 2023

4,067

4,451

8,518

Carrying amount

At 30 November 2023

1,160

1,755

2,915

At 30 November 2022

2,101

3,301

5,402

5

Debtors

Current

2023
£

2022
£

Trade debtors

-

256

Other debtors

91,081

117,200

 

91,081

117,456

 

Ryehill Golf Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

6

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Trade creditors

-

5,108

Taxation and social security

2,861

8,986

Other creditors

152,824

149,817

155,685

163,911