SOMERSET GOLF CLUB LIMITED

Company Registration Number:
06848936 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

SOMERSET GOLF CLUB LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

SOMERSET GOLF CLUB LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 1,417,428 1,363,632
Total fixed assets: 1,417,428 1,363,632
Current assets
Stocks: 29,799 30,164
Debtors:   298,649 320,259
Cash at bank and in hand: 69,340 220,624
Total current assets: 397,788 571,047
Creditors: amounts falling due within one year: 4 (147,734) (143,607)
Net current assets (liabilities): 250,054 427,440
Total assets less current liabilities: 1,667,482 1,791,072
Provision for liabilities: (7,665) (7,665)
Total net assets (liabilities): 1,659,817 1,783,407
Capital and reserves
Called up share capital: 1,248,818 1,248,818
Revaluation reserve:5404,038404,038
Profit and loss account: 6,961 130,551
Shareholders funds: 1,659,817 1,783,407

The notes form part of these financial statements

SOMERSET GOLF CLUB LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 09 May 2024
and signed on behalf of the board by:

Name: C Newby Vincent
Status: Director

The notes form part of these financial statements

SOMERSET GOLF CLUB LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SOMERSET GOLF CLUB LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 24 23

SOMERSET GOLF CLUB LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 1,708,651
Additions 72,612
At 31 March 2024 1,781,263
Depreciation
At 01 April 2023 345,019
Charge for year 18,816
At 31 March 2024 363,835
Net book value
At 31 March 2024 1,417,428
At 31 March 2023 1,363,632

SOMERSET GOLF CLUB LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Creditors: amounts falling due within one year note

2024: Trade creditors £51,664, Social Security and other taxes £10,117, Other creditors and accruals £85,953. Total £147,734. 2023: Trade creditors £52,586, Social security and other taxes £11,160, Other creditors and accruals £79,861. Total £143,607.

SOMERSET GOLF CLUB LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Revaluation reserve

2024
£
Balance at 01 April 2023 404,038
Surplus or deficit after revaluation 0
Balance at 31 March 2024 404,038