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REGISTERED NUMBER: 08114265 (England and Wales)















Whitwood Golf Club Ltd
Trading as
Groundwork Golf

Report of the Directors and

Unaudited Financial Statements For The Year Ended 31 March 2024






Whitwood Golf Club Ltd (Registered number: 08114265)
Trading as Groundwork Golf






Contents of the Financial Statements
For The Year Ended 31 March 2024




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


Whitwood Golf Club Ltd
Trading as Groundwork Golf

Company Information
For The Year Ended 31 March 2024







DIRECTORS: B W McMillan
D Large
P Cooper





REGISTERED OFFICE: Environment & Business Centre
Merlyn-Rees Avenue
Morley
LEEDS
West Yorkshire
LS27 9SL





REGISTERED NUMBER: 08114265 (England and Wales)





ACCOUNTANTS: Kingswood Allotts Limited
Chartered Accountants
Sidings Court
Lakeside
Doncaster
South Yorkshire
DN4 5NU

Whitwood Golf Club Ltd (Registered number: 08114265)
Trading as Groundwork Golf

Report of the Directors
For The Year Ended 31 March 2024

The directors present their report with the financial statements of the company for the year ended 31 March 2024.

REVIEW OF BUSINESS
RESULT FOR THE YEAR

A loss of £9,317 prior to gift aid donation (2023: profit of £19,157) was made on turnover of £856,374 (2023: £857,723).

REVIEW OF BUSINESS
During the period of this report, Whitwood Golf Club Limited was a trading subsidiary owned by Groundwork Yorkshire, a charitable company whose objects are environmental, community and employment improvements in Yorkshire & the Humber. Whitwood Golf Club manages two golf courses - Springhead in Hull and Whitwood in Wakefield.

Whilst Whitwood Golf Club is not directly involved in the provision of charitable services, it works closely with the Trust and its contribution to the success of the Trust is more than simply the gift aiding of annual surplus. By delivering quality community services, Whitwood Golf Club actively promotes the aims of the Trust and the national Groundwork network, often in areas where the Groundwork message has not previously been heard. Both sites are also developing projects that have charitable aims - such as using the facilities for health and wellbeing related activities with young and older people.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 April 2023 to the date of this report.

B W McMillan
D Large
P Cooper

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





P Cooper - Director


26 September 2024

Whitwood Golf Club Ltd (Registered number: 08114265)
Trading as Groundwork Golf

Income Statement
For The Year Ended 31 March 2024

2024 2023
£    £   

TURNOVER 856,374 857,723

Cost of sales 442,817 424,429
GROSS PROFIT 413,557 433,294

Administrative expenses 443,822 432,398
(30,265 ) 896

Other operating income 20,948 18,261
OPERATING (LOSS)/PROFIT and
(LOSS)/PROFIT BEFORE TAXATION (9,317 ) 19,157

Tax on (loss)/profit - -
(LOSS)/PROFIT FOR THE FINANCIAL YEAR (9,317 ) 19,157

Whitwood Golf Club Ltd (Registered number: 08114265)
Trading as Groundwork Golf

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 203,695 201,189

CURRENT ASSETS
Stocks 38,154 23,375
Debtors 5 134,395 157,950
Cash at bank 20,480 31,318
193,029 212,643
CREDITORS
Amounts falling due within one year 6 408,009 415,800
NET CURRENT LIABILITIES (214,980 ) (203,157 )
TOTAL ASSETS LESS CURRENT LIABILITIES (11,285 ) (1,968 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (11,385 ) (2,068 )
SHAREHOLDERS' FUNDS (11,285 ) (1,968 )

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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2024 and were signed on its behalf by:





P Cooper - Director


Whitwood Golf Club Ltd (Registered number: 08114265)
Trading as Groundwork Golf

Notes to the Financial Statements
For The Year Ended 31 March 2024

1. STATUTORY INFORMATION

Whitwood Golf Club Ltd 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. 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.

These accounts have been prepared on the going concern basis on the assumption that the parent company, Groundwork Yorkshire Limited, will continue to support its operations. Groundwork Yorkshire Limited has incurred group deficits on unrestricted funds. Details of Groundwork Yorkshire Limited's plans to address the deficit of funds can be found in note 1 of its accounts. These plans have included a merger with Groundwork North Yorkshire and The Leeds Groundwork Trust and the acquisition of part of the business of Groundwork South Yorkshire. This merger will continue to improve efficiency so enhance the ability of the group to support its subsidiaries.

Based on the above considerations the Board considers it remains appropriate to prepare the accounts on a going concern basis.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover from bar sales and green fees is recognised at the point of sale. Membership fees are recognised on a straight line basis over the subscription period.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Course and facilities - 5% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 20% on cost
Computer equipment - 33% on cost

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 balance sheet date.

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.

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.

Government grants
The company has adopted the performance model.

Government capital grants towards the cost of developing the course and facilities are recognised in other income to match the depreciation charge on those assets. Unrecognised amounts are included in deferred income.

Government revenue grants towards current expenditure are recognised in the period the expenditure is incurred.

Whitwood Golf Club Ltd (Registered number: 08114265)
Trading as Groundwork Golf

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 32 (2023 - 29 ) .

4. TANGIBLE FIXED ASSETS
Course Fixtures
and and Motor Computer
facilities fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 164,923 133,355 62,110 18,736 379,124
Additions 28,353 - - 1,293 29,646
At 31 March 2024 193,276 133,355 62,110 20,029 408,770
DEPRECIATION
At 1 April 2023 45,152 79,567 36,760 16,456 177,935
Charge for year 11,108 8,522 6,750 760 27,140
At 31 March 2024 56,260 88,089 43,510 17,216 205,075
NET BOOK VALUE
At 31 March 2024 137,016 45,266 18,600 2,813 203,695
At 31 March 2023 119,771 53,788 25,350 2,280 201,189

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 596 500
Amounts owed by group undertakings 67,795 90,124
Other debtors - 2
Prepayments 66,004 67,324
134,395 157,950

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 146,826 150,076
Social security and other taxes 3,027 3,284
Other creditors 247,040 222,041
Deferred income 6,796 34,487
Accrued expenses 4,320 5,912
408,009 415,800

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the company's parent company, Groundwork Yorkshire Limited.

Its registered office is Environment & Business Centre, Merlyn-Rees Avenue, Morley, Leeds, LS27 9SL.

Group accounts are available from Companies House.