REGISTERED NUMBER: |
Mapperley Golf Club Trading Limited |
Company limited by guarantee |
Unaudited Financial Statements |
for the Year Ended 31st August 2024 |
REGISTERED NUMBER: |
Mapperley Golf Club Trading Limited |
Company limited by guarantee |
Unaudited Financial Statements |
for the Year Ended 31st August 2024 |
Mapperley Golf Club Trading Limited (Registered number: 10350209) |
Company limited by guarantee |
Contents of the Financial Statements |
for the Year Ended 31st August 2024 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 4 |
Mapperley Golf Club Trading Limited |
Company limited by guarantee |
Company Information |
for the Year Ended 31st August 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
12 Bridgford Road |
West Bridgford |
Nottinghamshire |
NG2 6AB |
Mapperley Golf Club Trading Limited (Registered number: 10350209) |
Company limited by guarantee |
Statement of Financial Position |
31st August 2024 |
2024 | 2023 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 5 |
CURRENT ASSETS |
Stocks |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 | ( |
) | ( |
) |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CREDITORS |
Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
NET LIABILITIES | ( |
) | ( |
) |
RESERVES |
Retained earnings | ( |
) | ( |
) |
MEMBERS' FUNDS | ( |
) | ( |
) |
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. |
Mapperley Golf Club Trading Limited (Registered number: 10350209) |
Company limited by guarantee |
Statement of Financial Position - continued |
31st August 2024 |
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
Mapperley Golf Club Trading Limited (Registered number: 10350209) |
Company limited by guarantee |
Notes to the Financial Statements |
for the Year Ended 31st August 2024 |
1. | STATUTORY INFORMATION |
Mapperley Golf Club Trading Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | STATEMENT OF COMPLIANCE |
3. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Going Concern |
Following a loss in the accounts of £40,122 the company has net liabilities of £139,789 as at 31st August 2024. The financial statements have been prepared on a going concern basis which assumes the continuing financial measures of the UK Government and the continuing financial support of its controlling party, Mapperley Golf Club Limited. |
The directors of Mapperley Golf Club Limited have confirmed that it is their present intention to provide financial support to the company for the foreseeable future and, therefore, the directors of Mapperley Golf Club Trading Limited have a reasonable expectation that the company will be able to continue as a going concern for the foreseeable future. |
Turnover |
Revenue from the sale of beverages and food is recognised when the items are purchased, net of discounts and Value Added Tax. Revenue from room hire is recognised when the bookings are made, net of discounts and Value Added Tax. |
Tangible fixed assets |
Kitchen equipment | - |
Fixtures and fittings | - |
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 Statement of Income and Retained Earnings, 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. |
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. |
Mapperley Golf Club Trading Limited (Registered number: 10350209) |
Company limited by guarantee |
Notes to the Financial Statements - continued |
for the Year Ended 31st August 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 |
5. | TANGIBLE FIXED ASSETS |
Fixtures |
Kitchen | and |
equipment | fittings | Totals |
£ | £ | £ |
COST |
At 1st September 2023 |
and 31st August 2024 |
DEPRECIATION |
At 1st September 2023 |
Charge for year |
At 31st August 2024 |
NET BOOK VALUE |
At 31st August 2024 |
At 31st August 2023 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Amounts owed to participating interests | 68,250 | 12,962 |
Taxation and social security |
Other creditors |
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2024 | 2023 |
£ | £ |
Bank loans |
Mapperley Golf Club Trading Limited (Registered number: 10350209) |
Company limited by guarantee |
Notes to the Financial Statements - continued |
for the Year Ended 31st August 2024 |
9. | LEASING AGREEMENTS |
Minimum lease payments under non-cancellable operating leases fall due as follows: |
2024 | 2023 |
£ | £ |
Within one year |
Between one and five years |
10. | ULTIMATE CONTROLLING PARTY |
The controlling party is Mapperley Golf Club Limited. |