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REGISTERED NUMBER: 15533088 (England and Wales)















Wells (Trading) Golf Club Ltd

Unaudited Financial Statements

for the Period 29 February 2024 to 31 December 2024






Wells (Trading) Golf Club Ltd (Registered number: 15533088)






Contents of the Financial Statements
for the period 29 February 2024 to 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Wells (Trading) Golf Club Ltd

Company Information
for the period 29 February 2024 to 31 December 2024







DIRECTORS: R K Sheard
S A Bocquet
M Magrath





REGISTERED OFFICE: Wells Golf Club
Blackheath Lane
Wells
Somerset
BA5 3DS





REGISTERED NUMBER: 15533088 (England and Wales)





ACCOUNTANTS: Webb & Co Ltd
Accountants and Business Advisers
One New Street
Wells
Somerset
BA5 2LA

Wells (Trading) Golf Club Ltd (Registered number: 15533088)

Balance Sheet
31 December 2024

Notes £   
CURRENT ASSETS
Stocks 38,098
Debtors 4 2,293
Cash at bank and in hand 106,568
146,959
CREDITORS
Amounts falling due within one year 5 146,958
NET CURRENT ASSETS 1
TOTAL ASSETS LESS CURRENT
LIABILITIES

1

CAPITAL AND RESERVES
Called up share capital 6 1
SHAREHOLDERS' FUNDS 1

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

The members have not required the company to obtain an audit of its financial statements for the period 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.

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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 February 2025 and were signed on its behalf by:





R K Sheard - Director


Wells (Trading) Golf Club Ltd (Registered number: 15533088)

Notes to the Financial Statements
for the period 29 February 2024 to 31 December 2024

1. STATUTORY INFORMATION

Wells (Trading) Golf Club Limited is a company limited by shares incorporated in England, United
Kingdom. The registered office of the company is Club House, Blackheath Lane, East Horrington,
Wells, Somerset, BA5 3DS.

The nature of the company's operations and principal activities is that of providing golf and social activities at the club.

The financial statements are prepared in sterling, which is the functional currency of the entity, and rounded to the nearest £.

2. ACCOUNTING POLICIES

General information and 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
Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods 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.

Rendering of services

Turnover from the rendering of services is recognised when the service is provided.

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 period comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

Wells (Trading) Golf Club Ltd (Registered number: 15533088)

Notes to the Financial Statements - continued
for the period 29 February 2024 to 31 December 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 32 .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 493
Other debtors 1,800
2,293

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 27,046
Amounts owed to group undertakings 57,778
Taxation and social security 12,630
Other creditors 49,504
146,958

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
1 Ordinary £1 1

7. ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary undertaking of Wells (Somerset) Golf Club Ltd, a company incorporated in England and Wales.

The registered office address of Wells (Somerset) Golf Club Ltd is;
Blackheath Lane
Wells
Somerset
BA5 3DS