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REGISTERED NUMBER: OC442305 (England and Wales)






















Report of the Members and

Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Rufford Park Golf LLP

Rufford Park Golf LLP (Registered number: OC442305)






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




Page

General Information 1

Report of the Members 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


Rufford Park Golf LLP

General Information
for the Year Ended 31 March 2024







DESIGNATED MEMBERS: W W Laughton
S L Laughton





REGISTERED OFFICE: North Laithes Farm
Wellow Road
Eakring
Newark
Nottinghamshire
NG22 0AN





REGISTERED NUMBER: OC442305 (England and Wales)





ACCOUNTANTS: Wright Vigar Limited
Chartered Accountants & Business Advisers
15 Newland
Lincoln
Lincolnshire
LN1 1XG

Rufford Park Golf LLP (Registered number: OC442305)

Report of the Members
for the Year Ended 31 March 2024

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

PRINCIPAL ACTIVITY
The principal activity of the LLP in the year under review was that of operating a golf course.

DESIGNATED MEMBERS
The designated members during the year under review were:

W W Laughton
S L Laughton

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The profit for the year before members' remuneration and profit shares was £85,303 (2023 - £106,175 profit).

MEMBERS' INTERESTS
Members are permitted to make drawings in anticipation of profits which will be allocated to them. The amount of such drawings is set at the beginning of each financial year, taking into account the anticipated cash needs of the LLP.

ON BEHALF OF THE MEMBERS:





W W Laughton - Designated member


1 November 2024

Rufford Park Golf LLP (Registered number: OC442305)

Income Statement
for the Year Ended 31 March 2024

Period
16.5.22
Year Ended to
31.3.24 31.3.23
Notes £    £   

TURNOVER 1,432,350 928,226

Cost of sales 441,075 327,544
GROSS PROFIT 991,275 600,682

Administrative expenses 904,175 468,002
OPERATING PROFIT 87,100 132,680


Interest payable and similar expenses 1,797 26,505
PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION AND
PROFIT SHARES


85,303


106,175

PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION AND
PROFIT SHARES


85,303


106,175

Members' remuneration charged as an
expense

4

(40,620

)

(57,080

)
PROFIT FOR THE FINANCIAL YEAR
AVAILABLE FOR DISCRETIONARY
DIVISION AMONG MEMBERS


44,683


49,095

Rufford Park Golf LLP (Registered number: OC442305)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 1,544,190 1,544,190

CURRENT ASSETS
Debtors 6 164,414 49,335

CREDITORS
Amounts falling due within one year 7 306 240
NET CURRENT ASSETS 164,108 49,095
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

1,708,298

1,593,285

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

1,708,298

1,593,285

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 1,708,298 1,593,285

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2024.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

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

The financial statements were approved by the members of the LLP and authorised for issue on 1 November 2024 and were signed by:





W W Laughton - Designated member

Rufford Park Golf LLP (Registered number: OC442305)

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

1. STATUTORY INFORMATION

Rufford Park Golf LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. 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.

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

3. EMPLOYEE INFORMATION

The average number of employees, including members with contracts of employment, during the year was 50 (2023 - 53 ) .

4. INFORMATION IN RELATION TO MEMBERS
Period
16.5.22
Year Ended to
31.3.24 31.3.23
£    £   
Members' remuneration charged as an expense
Remuneration paid under an employment
contract

40,620

57,080

5. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 April 2023
and 31 March 2024 1,544,190
NET BOOK VALUE
At 31 March 2024 1,544,190
At 31 March 2023 1,544,190

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 164,414 49,335

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 306 240

Rufford Park Golf LLP (Registered number: OC442305)

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

8. LOANS AND OTHER DEBTS DUE TO MEMBERS
2024 2023
£    £   
Amounts owed to members in respect of profits 1,708,298 1,593,285

Falling due within one year 1,708,298 1,593,285

Loans to members rank equally to other creditors.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is W W Laughton.