Heaton Moor Golf Club Limited 31/12/2024 iXBRL

Company registration number: 10996244

Heaton Moor Golf Club Limited

Company limited by guarantee

Unaudited filleted financial statements

31 December 2024

Heaton Moor Golf Club Limited

Company limited by guarantee

Contents

Directors and other information

Accountants report

Statement of financial position

Notes to the financial statements

Heaton Moor Golf Club Limited

Company limited by guarantee

Directors and other information


Directors	Mr E R Stelfox
	Mr D M Rodden	(Appointed 2 March 2024)
	Mr A C Brook	(Resigned 2 March 2024)
	Mr J P Howarth	(Appointed 31 May 2024)
	Miss E L Gilbert	(Appointed 2 March 2024)(Resigned 10 December 2024)
	Mr C McGonagle	(Appointed 2 March 2024)


Secretary	Mr P K Hesford


Company number	10996244


Registered office	Mauldeth Road
	Heaton Mersey
	Stockport
	SK4 3NX


Business address	Mauldeth Road
	Heaton Mersey
	Stockport
	SK4 3NX


Accountants	Downham Morris & Co
	45/49 Greek Street
	Stockport
	Cheshire
	SK3 8AX

Heaton Moor Golf Club Limited

Company limited by guarantee

Chartered certified accountants report to the board of directors on the preparation of the

unaudited statutory financial statements of Heaton Moor Golf Club Limited

Year ended 31 December 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Heaton Moor Golf Club Limited for the year ended 31 December 2024 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/rules-standards/acca-rulebook.html.

This report is made solely to the board of directors of Heaton Moor Golf Club Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Heaton Moor Golf Club Limited and state those matters that we have agreed to state to the board of directors of Heaton Moor Golf Club Limited as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Heaton Moor Golf Club Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that Heaton Moor Golf Club Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Heaton Moor Golf Club Limited. You consider that Heaton Moor Golf Club Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Heaton Moor Golf Club Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Downham Morris & Co

Chartered Certified Accountants

45/49 Greek Street

Stockport

Cheshire

SK3 8AX

1 March 2025

Heaton Moor Golf Club Limited

Company limited by guarantee

Statement of financial position

31 December 2024

		2024		2023
	Note	£	£	£	£

Fixed assets
Tangible assets	6	124,854		155,940
Investments	7	2		2
		_______		_______
			124,856		155,942

Current assets
Debtors	8	457,539		469,928
Cash at bank and in hand		135,483		108,443
		_______		_______
		593,022		578,371
Creditors: amounts falling due
within one year	9	( 198,773)		( 197,447)
		_______		_______
Net current assets			394,249		380,924
			_______		_______
Total assets less current liabilities			519,105		536,866

			_______		_______
Net assets			519,105		536,866
			_______		_______

Capital and reserves
Profit and loss account			519,105		536,866
			_______		_______
Members funds			519,105		536,866
			_______		_______

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

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

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

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 01 March 2025 , and are signed on behalf of the board by:

.........................

Mr E R Stelfox

Director

Company registration number: 10996244

Heaton Moor Golf Club Limited

Company limited by guarantee

Notes to the financial statements

Year ended 31 December 2024

1. General information

The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is Heaton Moor Golf Club, Mauldeth Road, Heaton Mersey, Stockport, SK4 3NX.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Plant and machinery	-	25 %	reducing balance
Fittings fixtures and equipment	-	20 %	reducing balance
Ground improvements	-	10 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Fixed asset investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Limited by guarantee

The company is limited by guarantee of members and does not have a share capital. The liability of members is limited to £1.

5. Employee numbers

The average number of persons employed by the company during the year amounted to 12 (2023: 12 ).

6. Tangible assets

	Plant and machinery	Fixtures, fittings and equipment	Ground improvements	Total
	£	£	£	£
Cost
At 1 January 2024	171,001	50,356	68,744	290,101
Additions	60	470	-	530
	_______	_______	_______	_______
At 31 December 2024	171,061	50,826	68,744	290,631
	_______	_______	_______	_______
Depreciation
At 1 January 2024	85,247	31,595	17,319	134,161
Charge for the year	21,453	3,846	6,317	31,616
	_______	_______	_______	_______
At 31 December 2024	106,700	35,441	23,636	165,777
	_______	_______	_______	_______
Carrying amount
At 31 December 2024	64,361	15,385	45,108	124,854
	_______	_______	_______	_______
At 31 December 2023	85,754	18,761	51,425	155,940
	_______	_______	_______	_______

7. Investments

	Shares in group undertakings and participating interests	Total
	£	£
Cost
At 1 January 2024 and 31 December 2024	2	2
	_______	_______
Impairment
At 1 January 2024 and 31 December 2024	-	-
	_______	_______
Carrying amount
At 31 December 2024	2	2
	_______	_______
At 31 December 2023	2	2
	_______	_______

8. Debtors

	2024	2023
	£	£
Other debtors	457,539	469,928
	_______	_______

9. Creditors: amounts falling due within one year

	2024	2023
	£	£
Trade creditors	48,263	32,763
Other creditors	150,510	164,684
	_______	_______
	198,773	197,447
	_______	_______

10. Controlling party

In the opinion of the directors there is no controlling party.