Caseware UK (AP4) 2023.0.135 2023.0.135 2024-09-302024-09-302023-10-01falseNo description of principal activity2325truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03358228 2023-10-01 2024-09-30 03358228 2022-10-01 2023-09-30 03358228 2024-09-30 03358228 2023-09-30 03358228 c:Director12 2023-10-01 2024-09-30 03358228 d:Buildings 2023-10-01 2024-09-30 03358228 d:Buildings 2024-09-30 03358228 d:Buildings 2023-09-30 03358228 d:Buildings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 03358228 d:PlantMachinery 2023-10-01 2024-09-30 03358228 d:PlantMachinery 2024-09-30 03358228 d:PlantMachinery 2023-09-30 03358228 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 03358228 d:FurnitureFittings 2023-10-01 2024-09-30 03358228 d:FurnitureFittings 2024-09-30 03358228 d:FurnitureFittings 2023-09-30 03358228 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 03358228 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 03358228 d:CurrentFinancialInstruments 2024-09-30 03358228 d:CurrentFinancialInstruments 2023-09-30 03358228 d:Non-currentFinancialInstruments 2024-09-30 03358228 d:Non-currentFinancialInstruments 2023-09-30 03358228 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 03358228 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 03358228 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 03358228 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 03358228 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-09-30 03358228 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-09-30 03358228 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-09-30 03358228 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-09-30 03358228 d:RetainedEarningsAccumulatedLosses 2024-09-30 03358228 d:RetainedEarningsAccumulatedLosses 2023-09-30 03358228 c:FRS102 2023-10-01 2024-09-30 03358228 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 03358228 c:FullAccounts 2023-10-01 2024-09-30 03358228 c:CompanyLimitedByGuarantee 2023-10-01 2024-09-30 03358228 d:WithinOneYear 2024-09-30 03358228 d:WithinOneYear 2023-09-30 03358228 d:BetweenOneFiveYears 2024-09-30 03358228 d:BetweenOneFiveYears 2023-09-30 03358228 d:HirePurchaseContracts d:WithinOneYear 2024-09-30 03358228 d:HirePurchaseContracts d:WithinOneYear 2023-09-30 03358228 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-09-30 03358228 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-09-30 03358228 d:HirePurchaseContracts d:MoreThanFiveYears 2024-09-30 03358228 d:HirePurchaseContracts d:MoreThanFiveYears 2023-09-30 03358228 2 2023-10-01 2024-09-30 03358228 7 2023-10-01 2024-09-30 03358228 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2024-09-30 03358228 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2023-09-30 03358228 d:LeasedAssetsHeldAsLessee 2024-09-30 03358228 d:LeasedAssetsHeldAsLessee 2023-09-30 03358228 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure

Registered number: 03358228










EATON GOLF CLUB (NORWICH) LIMITED
(A Company Limited by Guarantee)








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
EATON GOLF CLUB (NORWICH) LIMITED
 
(A Company Limited by Guarantee)
REGISTERED NUMBER: 03358228

STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,385,090
2,306,407

  
2,385,090
2,306,407

Current assets
  

Stocks
  
23,050
21,658

Debtors: amounts falling due within one year
 5 
15,585
3,227

Cash at bank and in hand
  
345,491
375,397

  
384,126
400,282

Creditors: amounts falling due within one year
 6 
(350,871)
(402,675)

Net current assets/(liabilities)
  
 
 
33,255
 
 
(2,393)

Total assets less current liabilities
  
2,418,345
2,304,014

Creditors: amounts falling due after more than one year
 7 
(164,525)
(226,216)

  

Net assets
  
2,253,820
2,077,798


Capital and reserves
  

Profit and loss account
  
2,253,820
2,077,798

  
2,253,820
2,077,798


Page 1

 
EATON GOLF CLUB (NORWICH) LIMITED
 
(A Company Limited by Guarantee)
REGISTERED NUMBER: 03358228
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 SEPTEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
Mr R N Proctor
Director

Date: 17 December 2024

Page 2

 
EATON GOLF CLUB (NORWICH) LIMITED

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

Eaton Golf Club (Norwich) Limited is a private company limited by guarantee and incorporated in England and Wales, registration number 03358228. The registered office is Sunningdale, Newmarket Road, Norwich, NR4 6SF

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. 

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Income Statement in the same period as the related expenditure.

 
2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
EATON GOLF CLUB (NORWICH) LIMITED

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Freehold property
-
4%/20%
Plant & machinery
-
20%/33.33%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.9

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Page 4

 
EATON GOLF CLUB (NORWICH) LIMITED

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.10

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.11

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.12

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.13

Holiday pay accrual

A liability is recognised to the extent of any unused holiday pay entitlement which is accrued at the reporting date and carried forward to future periods. This is measured at the undiscounted salary cost of the future holiday entitlement so accrued at the reporting date.


3.


Employees

The average monthly number of employees, including directors, during the year was 23 (2023 - 25).

Page 5

 
EATON GOLF CLUB (NORWICH) LIMITED

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4.


Tangible fixed assets





Freehold property
Plant & machinery
Fixtures & fittings
Total

£
£
£
£



Cost or valuation


At 1 October 2023
2,361,530
492,600
111,765
2,965,895


Additions
-
152,463
-
152,463



At 30 September 2024

2,361,530
645,063
111,765
3,118,358



Depreciation


At 1 October 2023
177,104
378,369
104,015
659,488


Charge for the year on owned assets
19,367
51,749
2,664
73,780



At 30 September 2024

196,471
430,118
106,679
733,268



Net book value



At 30 September 2024
2,165,059
214,945
5,086
2,385,090



At 30 September 2023
2,184,426
114,231
7,750
2,306,407

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2024
2023
£
£



Plant and machinery
96,574
89,888

96,574
89,888

Page 6

 
EATON GOLF CLUB (NORWICH) LIMITED

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5.


Debtors

2024
2023
£
£


Trade debtors
4,344
1,229

Prepayments and accrued income
11,241
1,998

15,585
3,227



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
58,359
72,618

Trade creditors
72,619
62,738

Other taxation and social security
20,354
20,993

Obligations under finance lease and hire purchase contracts
32,424
36,748

Other creditors
167,115
209,578

350,871
402,675



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
29,334
87,576

Other creditors
76,200
82,600

Net obligations under finance leases and hire purchase contracts
58,991
56,040

164,525
226,216


Page 7

 
EATON GOLF CLUB (NORWICH) LIMITED

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

8.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
58,359
72,618


58,359
72,618


Amounts falling due 2-5 years

Bank loans
21,334
74,242


21,334
74,242

Amounts falling due after more than 5 years

Bank loans
8,000
13,334

8,000
13,334

87,693
160,194


The bank loan and obligations under hire purchase and finance lease agreements are secured. The bounce back loan is government guaranteed.


9.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023
£
£


Within one year
32,424
36,748

Between 1-5 years
58,991
23,580

Over 5 years
-
32,460

91,415
92,788

Page 8

 
EATON GOLF CLUB (NORWICH) LIMITED

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

10.


Commitments under operating leases

At 30 September 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
21,482
21,482

Later than 1 year and not later than 5 years
15,549
37,031

37,031
58,513

 
Page 9