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REGISTERED NUMBER: 00170944 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

SANDIWAY GOLF CLUB,LIMITED(THE)

SANDIWAY GOLF CLUB,LIMITED(THE) (REGISTERED NUMBER: 00170944)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SANDIWAY GOLF CLUB,LIMITED(THE)

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: J B Burke
J Johnson
J S Kell
I Philps
L P Sewell
D Simpson
D L Hanratty
G Sayers
R I C Kennerley
J E Colquitt
J Carter





REGISTERED OFFICE: Chester Road
Sandiway
Northwich
Cheshire
CW8 2DJ





REGISTERED NUMBER: 00170944 (England and Wales)





ACCOUNTANTS: Murray Smith LLP
Chartered Accountants
Darland House
44 Winnington Hill
Northwich
Cheshire
CW8 1AU

SANDIWAY GOLF CLUB,LIMITED(THE) (REGISTERED NUMBER: 00170944)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 926,559 947,913

CURRENT ASSETS
Stocks 5 8,194 6,866
Debtors 6 48,585 40,835
Cash at bank and in hand 1,040,810 897,647
1,097,589 945,348
CREDITORS
Amounts falling due within one year 7 751,804 590,583
NET CURRENT ASSETS 345,785 354,765
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,272,344

1,302,678

CREDITORS
Amounts falling due after more than one
year

8

16,175

17,085
NET ASSETS 1,256,169 1,285,593

CAPITAL AND RESERVES
Called up share capital 9 693 654
Capital reserve 230 269
Profit and loss account 1,255,246 1,284,670
SHAREHOLDERS' FUNDS 1,256,169 1,285,593

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

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.

SANDIWAY GOLF CLUB,LIMITED(THE) (REGISTERED NUMBER: 00170944)

BALANCE SHEET - continued
31 DECEMBER 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 April 2025 and were signed on its behalf by:





I Philps - Director


SANDIWAY GOLF CLUB,LIMITED(THE) (REGISTERED NUMBER: 00170944)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Sandiway Golf Club,Limited(The) is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Income represents the value of services and accrued income provided during the period, excluding value added tax.

Tangible fixed assets
Depreciation is charged so as to write off the full cost of the assets less their estimated residual values over their expected useful lives at the following rates

Land and buildingsCar parks3% straight line basis
Buildings2% straight line basis
Course improvements - land0% depreciation

Machinery and plantGreens equipment with replacement
policy of:
- 5 years20% straight line basis
- 6/7 years15% straight line basis
- over 8 years10% straight line basis

Other equipmentKitchen equipment25% straight line basis
Fixtures and fittings20% reducing balance basis
Clubhouse equipment 20% straight line basis
Water mains5% straight line basis

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
It has been agreed with HM Revenue and Customs that the Club's operations are run on a no profit no loss basis and, accordingly, corporation tax is only due on interest received.

SANDIWAY GOLF CLUB,LIMITED(THE) (REGISTERED NUMBER: 00170944)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

2. ACCOUNTING POLICIES - continued

Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of the business.

Trade debtors are recognised initially at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on the present value basis.

Government grants
Grants are included in the profit and loss account on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown on the balance sheet. Where income is received in advance of meeting any performance-related conditions there is not unconditional entitlement to the income and its recognition is deferred and included in creditors as deferred income until the performance-related conditions are met. Where entitlement occurs before income is received, the income is accrued.

Provisions
Provisions are recognised when the company has a present legal or constructive obligation as a result of past events; it is probable that an outflow of resources will be required to settle the obligation; and the amount has been reliably estimated. Provisions are not recognised for future operating losses. Provisions are measured at the present value of management's best estimate of the expenditure required to settle the present obligation at the end of the reporting period, and are discounted to present value where the effect is material.

Employee benefits
(a) Wages and salaries and annual leave
Liabilities for wages and salaries and annual leave are recognised and are measured as the amount unpaid at the reporting date at current pay rates in respect of employees' services up to that date. They are expected to be settled within one year.

(b) Pensions
The company operates a defined contribution pension scheme. The amount charged to the profit and loss account in respect of pension costs and the post-retirement benefits is the contributions payable in the year. Differences between contributions payable in the year and contributions actually paid are shown as either accruals or prepayments in the balance sheet.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2023 - 27 ) .

SANDIWAY GOLF CLUB,LIMITED(THE) (REGISTERED NUMBER: 00170944)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

4. TANGIBLE FIXED ASSETS
Freehold
land Car Parks Buildings
£    £    £   
COST
At 1 January 2024 171,628 23,697 694,583
Additions - - -
Disposals - - -
At 31 December 2024 171,628 23,697 694,583
DEPRECIATION
At 1 January 2024 - 20,817 540,144
Charge for year - 711 11,839
Eliminated on disposal - - -
At 31 December 2024 - 21,528 551,983
NET BOOK VALUE
At 31 December 2024 171,628 2,169 142,600
At 31 December 2023 171,628 2,880 154,439

Course Green Other
Improvements equipment equipment Totals
£    £    £    £   
COST
At 1 January 2024 485,777 826,196 570,128 2,772,009
Additions - 109,895 - 109,895
Disposals - (29,450 ) - (29,450 )
At 31 December 2024 485,777 906,641 570,128 2,852,454
DEPRECIATION
At 1 January 2024 192,633 576,987 493,515 1,824,096
Charge for year - 94,926 23,773 131,249
Eliminated on disposal - (29,450 ) - (29,450 )
At 31 December 2024 192,633 642,463 517,288 1,925,895
NET BOOK VALUE
At 31 December 2024 293,144 264,178 52,840 926,559
At 31 December 2023 293,144 249,209 76,613 947,913

5. STOCKS
2024 2023
£    £   
Stocks 8,194 6,866

SANDIWAY GOLF CLUB,LIMITED(THE) (REGISTERED NUMBER: 00170944)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

6. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Other debtors 6,862 765
Prepayments 30,698 35,530
Accrued entrance fees due within 1 year 9,225 4,540
46,785 40,835

Amounts falling due after more than one year:
Accrued entrance fees due
within 2-5 years 1,800 -
1,800 -

Aggregate amounts 48,585 40,835

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts - 5,675
Subscriptions in advance 551,469 465,854
Corporation tax 5,318 4,062
Social security and other taxes 26,641 14,019
Sundry creditors 81,947 20,407
Accruals and deferred income 86,429 80,566
751,804 590,583

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Members' loans 16,175 17,085

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
654 Ordinary £1.00 693 654

10. CAPITAL COMMITMENTS
2024 2023
£    £   
Contracted but not provided for in the
financial statements - 33,395

11. RELATED PARTY DISCLOSURES

The company is controlled by the Members of the Club who are all shareholders.