MARLAND GOLF C.I.C.

Company Registration Number:
11911212 (England and Wales)

Unaudited statutory accounts for the year ended 28 March 2024

Period of accounts

Start date: 30 March 2023

End date: 28 March 2024

MARLAND GOLF C.I.C.

Contents of the Financial Statements

for the Period Ended 28 March 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

MARLAND GOLF C.I.C.

Directors' report period ended 28 March 2024

The directors present their report with the financial statements of the company for the period ended 28 March 2024

Directors

The directors shown below have held office during the whole of the period from
30 March 2023 to 28 March 2024

J Jackson
A Terry


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
15 October 2024

And signed on behalf of the board by:
Name: J Jackson
Status: Director

MARLAND GOLF C.I.C.

Profit And Loss Account

for the Period Ended 28 March 2024

2024 2023


£

£
Turnover: 241,380 261,372
Cost of sales: ( 163,136 ) ( 131,868 )
Gross profit(or loss): 78,244 129,504
Administrative expenses: ( 129,025 ) ( 132,737 )
Operating profit(or loss): (50,781) (3,233)
Interest payable and similar charges: ( 3,226 )
Profit(or loss) before tax: (54,007) (3,233)
Tax: 10,890 ( 1,411 )
Profit(or loss) for the financial year: (43,117) (4,644)

MARLAND GOLF C.I.C.

Balance sheet

As at 28 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 44,588 65,810
Total fixed assets: 44,588 65,810
Current assets
Debtors: 4 9,538 5,884
Cash at bank and in hand: 13,017 21,302
Total current assets: 22,555 27,186
Creditors: amounts falling due within one year: 5 ( 41,252 ) ( 13,390 )
Net current assets (liabilities): (18,697) 13,796
Total assets less current liabilities: 25,891 79,606
Creditors: amounts falling due after more than one year: 6 ( 39,030 ) ( 43,197 )
Provision for liabilities: ( 8,244 ) ( 14,675 )
Total net assets (liabilities): (21,383) 21,734
Capital and reserves
Called up share capital: 2 2
Profit and loss account: (21,385 ) 21,732
Total Shareholders' funds: ( 21,383 ) 21,734

The notes form part of these financial statements

MARLAND GOLF C.I.C.

Balance sheet statements

For the year ending 28 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.

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

This report was approved by the board of directors on 15 October 2024
and signed on behalf of the board by:

Name: J Jackson
Status: Director

The notes form part of these financial statements

MARLAND GOLF C.I.C.

Notes to the Financial Statements

for the Period Ended 28 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its expected useful life: Plant and machinery - 20% on cost Fixtures and fittings - 20% on cost Motor vehicles - 20% on cost Computer equipment - 20% on cost

MARLAND GOLF C.I.C.

Notes to the Financial Statements

for the Period Ended 28 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 8 8

MARLAND GOLF C.I.C.

Notes to the Financial Statements

for the Period Ended 28 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 30 March 2023 57,959 2,504 4,647 47,000 112,110
Additions
Disposals
Revaluations
Transfers
At 28 March 2024 57,959 2,504 4,647 47,000 112,110
Depreciation
At 30 March 2023 24,324 1,078 2,098 18,800 46,300
Charge for year 10,392 501 929 9,400 21,222
On disposals
Other adjustments
At 28 March 2024 34,716 1,579 3,027 28,200 67,522
Net book value
At 28 March 2024 23,243 925 1,620 18,800 44,588
At 29 March 2023 33,635 1,426 2,549 28,200 65,810

MARLAND GOLF C.I.C.

Notes to the Financial Statements

for the Period Ended 28 March 2024

4. Debtors

2024 2023
£ £
Prepayments and accrued income 1,084
Other debtors 9,538 4,800
Total 9,538 5,884

MARLAND GOLF C.I.C.

Notes to the Financial Statements

for the Period Ended 28 March 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 25,900
Taxation and social security 8,551 6,695
Accruals and deferred income 2,884 6,666
Other creditors 3,917 29
Total 41,252 13,390

MARLAND GOLF C.I.C.

Notes to the Financial Statements

for the Period Ended 28 March 2024

6. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 39,030 43,197
Total 39,030 43,197

COMMUNITY INTEREST ANNUAL REPORT

MARLAND GOLF C.I.C.

Company Number: 11911212 (England and Wales)

Year Ending: 28 March 2024

Company activities and impact

Marland Golf CIC continued to operate Marland Golf Course situated in Springfield Park, Rochdale. The focus of Marland Golf CIC is on making golf accessible to ALL and to encourage more local residents to enjoy the benefits of golf as an outdoor activity across ALL age groups. Benefits to the local community; Best Value Golf Marland Golf CIC kept its prices level for green fees and season tickets with a modest adjustment to match inflation and the general cost of especially increasing the price of all raw materials including fuel, fertilizer and parts. Despite keeping pricing at a realistic level usage of the course was lower than the previous year. Course Improvements The focus for the year was to continue and improve the course and course facilities. Outreach Program The junior academy continued to grow this year and further community outreach took place with SEN sessions provided on the mini golf course and in the simulator. Great thanks continues to RR Golf for their continued support in providing most of our outreach sessions

Consultation with stakeholders

Marland Golf CIC Stakeholders; Rochdale Borough Council Link 4 Life Leisure Trust Springfield Park Golf Club Men’s and Ladies Marland Golf Course users Springfield Park users Rochdale Borough Council We continued to work on the key pillars of success -maintain a value for money golf course open to all local residents. -conduct outreach to encourage higher participation and utilization -offer free junior golf and lessons. Link 4 Life Leisure Trust L4L continued to support via equipment leasing Springfield Park Golf Cub Men’s and Ladies SPGC Men’s and Ladies members continue to hold competitions on the golf course on weekends. Marland Golf Course users Social media accounts on popular channels now have over 3,900 followers in the first 5 years of opening. This has been the primary source for feedback on the work taking place at Marland Golf CIC, the feedback has been overwhelmingly positive. Springfield Park Users We continue to receive fantastic support from the ‘Friends of The Park” and MG CIC continues to complete planned maintenance on the running track at cost to try to support other community groups.

Directors' remuneration

Director’s remuneration for the year was in line with other Directors of golf operators and access to the company pension scheme in line with all employees who are members of the company pension scheme. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed” A company vehicle continued to be provided to support long-distance travel to and from the course

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
7 March 2025

And signed on behalf of the board by:
Name: J Jackson
Status: Director