IRIS Accounts Production v24.2.0.383 00176204 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh001762042023-03-31001762042024-03-31001762042023-04-012024-03-31001762042022-03-31001762042022-04-012023-03-31001762042023-03-3100176204ns15:EnglandWales2023-04-012024-03-3100176204ns14:PoundSterling2023-04-012024-03-3100176204ns10:Director12023-04-012024-03-3100176204ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3100176204ns10:SmallEntities2023-04-012024-03-3100176204ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3100176204ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3100176204ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3100176204ns10:FullAccounts2023-04-012024-03-3100176204ns10:Director32023-04-012024-03-3100176204ns10:Director42023-04-012024-03-3100176204ns10:Director52023-04-012024-03-3100176204ns10:Director62023-04-012024-03-3100176204ns10:Director72023-04-012024-03-3100176204ns10:Director82023-04-012024-03-3100176204ns10:Director92023-04-012024-03-3100176204ns10:Director102023-04-012024-03-3100176204ns10:RegisteredOffice2023-04-012024-03-3100176204ns5:CurrentFinancialInstruments2024-03-3100176204ns5:CurrentFinancialInstruments2023-03-3100176204ns5:Non-currentFinancialInstruments2024-03-3100176204ns5:Non-currentFinancialInstruments2023-03-3100176204ns5:ShareCapital2024-03-3100176204ns5:ShareCapital2023-03-3100176204ns5:CapitalRedemptionReserve2024-03-3100176204ns5:CapitalRedemptionReserve2023-03-3100176204ns5:RetainedEarningsAccumulatedLosses2024-03-3100176204ns5:RetainedEarningsAccumulatedLosses2023-03-3100176204ns5:LandBuildings2023-04-012024-03-3100176204ns5:PlantMachinery2023-04-012024-03-3100176204ns5:LandBuildings2023-03-3100176204ns5:PlantMachinery2023-03-3100176204ns5:LandBuildings2024-03-3100176204ns5:PlantMachinery2024-03-3100176204ns5:LandBuildings2023-03-3100176204ns5:PlantMachinery2023-03-3100176204ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3100176204ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3100176204ns5:RetainedEarningsAccumulatedLosses2023-03-3100176204ns5:CapitalRedemptionReserve2023-03-3100176204ns5:RetainedEarningsAccumulatedLosses2023-04-012024-03-31
REGISTERED NUMBER: 00176204 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

HORNSEA GOLF CLUB LIMITED

HORNSEA GOLF CLUB LIMITED (REGISTERED NUMBER: 00176204)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HORNSEA GOLF CLUB LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2024







DIRECTORS: Mrs P Yeates
P A Bird
K L Marshall
D P Blanchard
R Suddards
R I Meggison
S Millar
N Cook
Mrs N Salzl





REGISTERED OFFICE: The Golf Club
Rolston Road
Hornsea
East Yorkshire
HU18 1XG





REGISTERED NUMBER: 00176204 (England and Wales)





ACCOUNTANTS: Sowerby
Chartered Accountants
Beckside Court
Annie Reed Road
Beverley
East Yorkshire
HU17 0LF

HORNSEA GOLF CLUB LIMITED (REGISTERED NUMBER: 00176204)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 232,619 183,540

CURRENT ASSETS
Stocks 29,928 19,844
Debtors 5 17,060 11,809
Cash at bank and in hand 321,679 373,547
368,667 405,200
CREDITORS
Amounts falling due within one year 6 195,385 186,337
NET CURRENT ASSETS 173,282 218,863
TOTAL ASSETS LESS CURRENT
LIABILITIES

405,901

402,403

CREDITORS
Amounts falling due after more than one year 7 4,144 4,921
NET ASSETS 401,757 397,482

CAPITAL AND RESERVES
Called up share capital 2,522 2,429
Capital redemption reserve 8 10,764 10,764
Retained earnings 8 388,471 384,289
401,757 397,482

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

HORNSEA GOLF CLUB LIMITED (REGISTERED NUMBER: 00176204)

BALANCE SHEET - continued
31 March 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 July 2024 and were signed on its behalf by:





K L Marshall - Director


HORNSEA GOLF CLUB LIMITED (REGISTERED NUMBER: 00176204)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024


1. STATUTORY INFORMATION

Hornsea Golf Club Limited is a private company, limited by shares, registered in England. The company's registered number and registered office address can be found on the Company Information page.

The presentational currency of the financial statements is the pound sterling (£).

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Having regard to liquidity risk, current market conditions and other factors affecting the company including the impact of the current economic situation, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 10% on cost and 3% on cost
Plant and machinery etc - 20% on cost, 12.5% on cost and 5% on cost

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell, after making, due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

HORNSEA GOLF CLUB LIMITED (REGISTERED NUMBER: 00176204)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024


2. ACCOUNTING POLICIES - continued

Pensions
The company operates a defined contribution pension scheme. Contributions are charged to the income account as they become payable in accordance with the rules of the scheme.

Capital grants
Grants received in relation to fixed assets are credited to deferred income and released to the income and expenditure account in equal instalments over the course of the relevant assets' lives.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023 272,540 580,423 852,963
Additions 35,997 30,656 66,653
At 31 March 2024 308,537 611,079 919,616
DEPRECIATION
At 1 April 2023 180,621 488,802 669,423
Charge for year 5,303 12,271 17,574
At 31 March 2024 185,924 501,073 686,997
NET BOOK VALUE
At 31 March 2024 122,613 110,006 232,619
At 31 March 2023 91,919 91,621 183,540

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,626 1,810
Other debtors 13,434 9,999
17,060 11,809

HORNSEA GOLF CLUB LIMITED (REGISTERED NUMBER: 00176204)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 27,607 27,505
Taxation and social security 6,722 5,903
Other creditors 161,056 152,929
195,385 186,337

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 4,144 4,921

8. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1 April 2023 384,289 10,764 395,053
Profit for the year 4,182 4,182
At 31 March 2024 388,471 10,764 399,235

9. OTHER FINANCIAL COMMITMENTS

At 31 March 2024 the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £43,475 (2023 - £54,575)