Caseware UK (AP4) 2023.0.135 2023.0.135 2024-07-312024-07-31truetruefalse342023-08-01Golf Club27truetruefalse 08659637 2023-08-01 2024-07-31 08659637 2022-08-01 2023-07-31 08659637 2024-07-31 08659637 2023-07-31 08659637 c:Director1 2023-08-01 2024-07-31 08659637 d:Buildings 2023-08-01 2024-07-31 08659637 d:Buildings 2024-07-31 08659637 d:Buildings 2023-07-31 08659637 d:Buildings d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 08659637 d:Buildings d:LeasedAssetsHeldAsLessee 2023-08-01 2024-07-31 08659637 d:PlantMachinery 2023-08-01 2024-07-31 08659637 d:PlantMachinery 2024-07-31 08659637 d:PlantMachinery 2023-07-31 08659637 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 08659637 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2023-08-01 2024-07-31 08659637 d:FurnitureFittings 2023-08-01 2024-07-31 08659637 d:FurnitureFittings 2024-07-31 08659637 d:FurnitureFittings 2023-07-31 08659637 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 08659637 d:FurnitureFittings d:LeasedAssetsHeldAsLessee 2023-08-01 2024-07-31 08659637 d:ComputerEquipment 2023-08-01 2024-07-31 08659637 d:ComputerEquipment 2024-07-31 08659637 d:ComputerEquipment 2023-07-31 08659637 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 08659637 d:ComputerEquipment d:LeasedAssetsHeldAsLessee 2023-08-01 2024-07-31 08659637 d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 08659637 d:LeasedAssetsHeldAsLessee 2023-08-01 2024-07-31 08659637 d:CurrentFinancialInstruments 2024-07-31 08659637 d:CurrentFinancialInstruments 2023-07-31 08659637 d:Non-currentFinancialInstruments 2024-07-31 08659637 d:Non-currentFinancialInstruments 2023-07-31 08659637 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 08659637 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 08659637 d:Non-currentFinancialInstruments d:AfterOneYear 2024-07-31 08659637 d:Non-currentFinancialInstruments d:AfterOneYear 2023-07-31 08659637 d:ShareCapital 2024-07-31 08659637 d:ShareCapital 2023-07-31 08659637 d:RetainedEarningsAccumulatedLosses 2024-07-31 08659637 d:RetainedEarningsAccumulatedLosses 2023-07-31 08659637 c:FRS102 2023-08-01 2024-07-31 08659637 c:Audited 2023-08-01 2024-07-31 08659637 c:FullAccounts 2023-08-01 2024-07-31 08659637 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 08659637 d:HirePurchaseContracts d:WithinOneYear 2024-07-31 08659637 d:HirePurchaseContracts d:WithinOneYear 2023-07-31 08659637 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-07-31 08659637 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-07-31 08659637 c:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 08659637 d:AcceleratedTaxDepreciationDeferredTax 2024-07-31 08659637 d:AcceleratedTaxDepreciationDeferredTax 2023-07-31 08659637 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2024-07-31 08659637 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2023-07-31 08659637 d:LeasedAssetsHeldAsLessee 2024-07-31 08659637 d:LeasedAssetsHeldAsLessee 2023-07-31 08659637 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure

Registered number: 08659637









BRENTWOOD GOLF CLUB LIMITED









FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2024

 
BRENTWOOD GOLF CLUB LIMITED
REGISTERED NUMBER: 08659637

BALANCE SHEET
AS AT 31 JULY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 6 
1,460,384
1,417,832

  
1,460,384
1,417,832

Current assets
  

Stocks
 7 
12,219
10,167

Debtors: amounts falling due within one year
 8 
54,519
52,008

Cash at bank and in hand
 9 
48,007
39,807

  
114,745
101,982

Creditors: amounts falling due within one year
 10 
(2,641,987)
(2,626,088)

Net current liabilities
  
 
 
(2,527,242)
 
 
(2,524,106)

Total assets less current liabilities
  
(1,066,858)
(1,106,274)

Creditors: amounts falling due after more than one year
 11 
(59,866)
(19,195)

Provisions for liabilities
  

Deferred tax
 13 
(18,169)
(7,780)

  
 
 
(18,169)
 
 
(7,780)

Net liabilities
  
(1,144,893)
(1,133,249)

Page 1

 
BRENTWOOD GOLF CLUB LIMITED
REGISTERED NUMBER: 08659637
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2024

2024
2023
£
£

Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
(1,145,893)
(1,134,249)

  
(1,144,893)
(1,133,249)


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 statement of comprehensive income 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 on 28 April 2025.




M R Seabrook
Director

The notes on pages 3 to 12 form part of these financial statements.
Page 2

 
BRENTWOOD GOLF CLUB LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

Brentwood Golf Club Limited is a private company, limited by shares and incorporated in England and Wales, United Kingdom, with a registration number 08659637. The address of the registered office is Admiral House, 853 London Road, West Thurrock, Essex, United Kingdom, RM20 3LG. The company's principal activity is that of a golf course.

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 pounds sterling which is the functional currency of the Company, rounded to the nearest £1.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies (see note 3).

The following principal accounting policies have been applied:

 
2.2

Financial Reporting Standard 102 - reduced disclosure exemptions

The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":
the requirements of Section 11 Financial Instruments paragraphs 11.42, 11.44 to 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c);
the requirements of Section 12 Other Financial Instruments paragraphs 12.26 to 12.27, 12.29(a), 12.29(b) and 12.29A;
the requirements of Section 33 Related Party Disclosures paragraph 33.7.

This information is included in the consolidated financial statements of Seabrook Holdings Limited as at 31 July 2024 and these financial statements may be obtained from Companies House.

 
2.3

Going concern

The company generated a loss before tax of £11,644 in the year. At the year end the company had net liabilities of £1,144,893. The financial statements have been prepared on the going concern basis as the directors have considered the company's next 12 months working capital requirements in relation to its cash position at the date of the approval of these financial statements.
It is noted the company is financially reliant on the parent company, Seabrook Holdings Limited and at the year end an amount of £2,243,535 was due to the parent company. Should the support of the parent company be withdrawn, the company would be unable to continue trading, however there is no indication currently of this occuring.

Page 3

 
BRENTWOOD GOLF CLUB LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.4

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue 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 revenue is recognised:

Membership Income 
Income from memberships is recognised across the period of the membership.
Bar Sales
Income from bar sales is recognised at the point of the sale.

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Membership Income 
Income from memberships is recognised across the period of the membership.
Bar Sales
Income from bar sales is recognised at the point of the sale.
 

Page 4

 
BRENTWOOD GOLF CLUB LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

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 Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
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.

Page 5

 
BRENTWOOD GOLF CLUB LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)


2.8
Tangible fixed assets (continued)

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
-
Nil depreciation
Plant and machinery
-
25% straight line
Fixtures and fittings
-
20% straight line
Computer equipment
-
25% straight line

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

 
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.
Page 6

 
BRENTWOOD GOLF CLUB LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

3.


Judgements in applying accounting policies and key sources of estimation uncertainty

In applying the Company's accounting policies, the directors are required to make judgements, estimates and assumptions in determining the carrying amounts of assets and liabilities. The directors' judgements, estimates and assumptions are based on the best and most reliable evidence at the time when the decisions are made, and are based on historical experience and other factors that are considered to be applicable. Due to the inherent subjectivity involved in making such judgements, estimates and assumptions, the actual results and outcomes may differ.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods, if the revision affects both current and future periods. 
Management considers that there are no judgments that have been made in the process of applying the entity's accounting policies that have a significant effect on the financial statements. Furthermore,  management considers that there are no areas of estimation uncertainty at the balance sheet date that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next financial year. 


4.


Employees

The average monthly number of employees, including directors, during the year was 34 (2023 - 27).


5.


Interest payable and similar expenses

2024
2023
£
£


Finance leases and hire purchase contracts
1,228
1,132

1,228
1,132

Page 7

 
BRENTWOOD GOLF CLUB LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

6.


Tangible fixed assets





Freehold property
Plant and machinery
Fixtures and fittings
Computer equipment
Total

£
£
£
£
£



Cost or valuation


At 1 August 2023
1,386,709
186,134
110,080
12,532
1,695,455


Additions
-
56,440
10,224
795
67,459



At 31 July 2024

1,386,709
242,574
120,304
13,327
1,762,914



Depreciation


At 1 August 2023
-
164,135
102,515
10,973
277,623


Charge for the year on owned assets
-
1,151
3,899
862
5,912


Charge for the year on financed assets
-
18,995
-
-
18,995



At 31 July 2024

-
184,281
106,414
11,835
302,530



Net book value



At 31 July 2024
1,386,709
58,293
13,890
1,492
1,460,384



At 31 July 2023
1,386,709
21,999
7,565
1,559
1,417,832

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


2024
2023
£
£



Plant and machinery
55,268
8,354

55,268
8,354

Page 8

 
BRENTWOOD GOLF CLUB LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

7.


Stocks

2024
2023
£
£

Bar goods for resale
12,219
10,167

12,219
10,167



8.


Debtors

2024
2023
£
£


Trade debtors
16,043
28,136

Amounts owed by group undertakings
25,015
10,412

Prepayments and accrued income
13,461
13,460

54,519
52,008



9.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
48,007
39,807

48,007
39,807



10.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
59,982
65,981

Amounts owed to group undertakings
2,246,861
2,261,192

Other taxation and social security
79,372
69,934

Obligations under finance lease and hire purchase contracts
9,141
4,262

Other creditors
19,064
19,410

Accruals and deferred income
227,567
205,309

2,641,987
2,626,088


Page 9

 
BRENTWOOD GOLF CLUB LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

11.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Net obligations under finance leases and hire purchase contracts
59,866
19,195

59,866
19,195


The borrowings of the group are secured by a way of fixed and floating charges across all the assets of the company.


12.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023
£
£


Within one year
18,481
4,262

Between 1-5 years
50,525
19,195

69,006
23,457
Page 10

 
BRENTWOOD GOLF CLUB LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

13.


Deferred taxation




2024


£






At beginning of year
(7,780)


Charged to profit or loss
(10,389)



At end of year
(18,169)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(18,169)
(7,780)

(18,169)
(7,780)


The net reversal of deferred tax assets and liabilities expected to reverse in the next year is £10,638. This primarily relates to the reversal of timing differences on acquired tangible assets and capital allowances through depreciation.


14.


Pension commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £6,496 (2023: £7,038).
Contributions totalling £999 (2023: £1,274) were payable to the fund at the balance sheet date. 


15.


Related party transactions

During the year, key management personnel compensation totalled £51,235 (2023: £49,246).


16.


Controlling party

The ultimate parent company is Seabrook Holdings Limited, a company incorporated in United Kingdom. The registered address is Admiral House, 853 London Road, West Thurrock, Essex, United Kingdom, RM20 3LG.
The ultimate controlling party is M Seabrook by virtue of his majority shareholding in the ultimate parent company. 

Page 11

 
BRENTWOOD GOLF CLUB LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

17.


Auditors' information

The auditors' report on the financial statements for the year ended 31 July 2024 was unqualified.

The audit report was signed on 28 April 2025 by Laura Ambrose BA(Hons) FCA (Senior Statutory Auditor) on behalf of Haslers.

 
Page 12