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REGISTERED NUMBER: 01505404 (England and Wales)















Bristol Golf Centre Limited

Unaudited Financial Statements

for the Year Ended 31 March 2024






Bristol Golf Centre Limited (Registered number: 01505404)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


Bristol Golf Centre Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: J J Rogers
Mrs C G Rogers



REGISTERED OFFICE: 4 King Square
Bridgwater
Somerset
TA6 3YF



REGISTERED NUMBER: 01505404 (England and Wales)



ACCOUNTANTS: Maxwells
Chartered Accountants
4 King Square
Bridgwater
Somerset
TA6 3YF



BANKERS: Lloyds Bank plc
58 Queens Road
Clifton
Bristol
BS8 1RQ

Bristol Golf Centre Limited (Registered number: 01505404)

Abridged Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 3,029,608 2,762,685

CURRENT ASSETS
Stocks 7,120 11,440
Debtors 742,395 1,848,315
Cash at bank and in hand 400,198 22,194
1,149,713 1,881,949
CREDITORS
Amounts falling due within one year 338,525 1,212,354
NET CURRENT ASSETS 811,188 669,595
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,840,796

3,432,280

CREDITORS
Amounts falling due after more than one
year

(73,276

)

(94,913

)

PROVISIONS FOR LIABILITIES (231,940 ) (164,736 )
NET ASSETS 3,535,580 3,172,631

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 3,534,580 3,171,631
SHAREHOLDERS' FUNDS 3,535,580 3,172,631

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.

Bristol Golf Centre Limited (Registered number: 01505404)

Abridged Statement of Financial Position - 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.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 28 October 2024 and were signed on its behalf by:





J J Rogers - Director


Bristol Golf Centre Limited (Registered number: 01505404)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

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

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings - not provided
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Bristol Golf Centre Limited (Registered number: 01505404)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

3. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 31 (2023 - 29 ) .

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023 4,094,638
Additions 346,009
At 31 March 2024 4,440,647
DEPRECIATION
At 1 April 2023 1,331,953
Charge for year 79,086
At 31 March 2024 1,411,039
NET BOOK VALUE
At 31 March 2024 3,029,608
At 31 March 2023 2,762,685

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 April 2023 80,639
Additions 6,388
At 31 March 2024 87,027
DEPRECIATION
At 1 April 2023 20,160
Charge for year 16,717
At 31 March 2024 36,877
NET BOOK VALUE
At 31 March 2024 50,150
At 31 March 2023 60,479

Bristol Golf Centre Limited (Registered number: 01505404)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. SECURED DEBTS

The following secured debts are included within creditors:

31.3.24 31.3.23
£    £   
Bank loans 30,689 41,354
Hire purchase contracts 64,587 75,787
95,276 117,141

The bank loan is a government secured bounce back loan.

The hire purchase contract is secured over the asset to which it relates.