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REGISTERED NUMBER: 09347886 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

HESSLE GOLF CLUB LIMITED

HESSLE GOLF CLUB LIMITED (REGISTERED NUMBER: 09347886)

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


HESSLE GOLF CLUB LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2024







DIRECTORS: N Muir
A Dibnah
P Hull
I Moffitt
K Thorne
A K Weightman





SECRETARY: M Hoyland





REGISTERED OFFICE: Hessle Golf Club, Westfield Road
Raywell
Cottingham
Hull
HU16 5ZA





REGISTERED NUMBER: 09347886 (England and Wales)





ACCOUNTANTS: Sowerby
Chartered Accountants
Beckside Court
Annie Reed Road
Beverley
East Yorkshire
HU17 0LF

HESSLE GOLF CLUB LIMITED (REGISTERED NUMBER: 09347886)

BALANCE SHEET
31 December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 533,308 355,245
Investments 5 10,351 10,351
543,659 365,596

CURRENT ASSETS
Stocks 21,963 10,310
Debtors 6 54,333 29,056
Cash at bank and in hand 84,475 199,707
160,771 239,073
CREDITORS
Amounts falling due within one year 7 493,591 365,676
NET CURRENT LIABILITIES (332,820 ) (126,603 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

210,839

238,993

CREDITORS
Amounts falling due after more than one year 8 15,863 37,041
NET ASSETS 194,976 201,952

RESERVES
Income and expenditure account 194,976 201,952
194,976 201,952

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 surplus or deficit 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.

HESSLE GOLF CLUB LIMITED (REGISTERED NUMBER: 09347886)

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 7 May 2025 and were signed on its behalf by:





N Muir - Director


HESSLE GOLF CLUB LIMITED (REGISTERED NUMBER: 09347886)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2024


1. STATUTORY INFORMATION

Hessle Golf Club Limited is a private company, limited by guarantee, registered in England. The company's registered number is 09347886 and registered office and principal place of business is Westfield Road, Raywell, Cottingham, HU16 5ZA.

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

The principal activity of the company is that of a golf club.

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.

Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

The directors, having taken into the factors discussed above as well as the uncertainties of the current economic environment, have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

Turnover
Turnover is the amount derived from ordinary activities, measured at the fair value of the consideration received or receivable. Turnover excludes value added tax and trade discounts.

Turnover from the sale of goods is recognised at the point of sale.

Turnover from services is recognised on completion of service, or when those services span the year end date, by reference to the stage of completion at the balance sheet date.

Sales are recognised at the point which the company has fulfilled its contractual obligations and the risks and rewards attached to the product, have been transferred to the customer.

Tangible fixed assets
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell, after making due allowance for obsolete and slow moving items. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Stock is calculated on the first in first out basis.


HESSLE GOLF CLUB LIMITED (REGISTERED NUMBER: 09347886)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2024


2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to surplus or deficit over the relevant period. The capital element of the future payments is treated as a liability.

Fixed asset investments
Fixed asset investments are valued at cost less impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2023 - 20 ) .

HESSLE GOLF CLUB LIMITED (REGISTERED NUMBER: 09347886)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 1,085,793
Additions 207,834
Disposals (54,564 )
At 31 December 2024 1,239,063
DEPRECIATION
At 1 January 2024 730,548
Charge for year 29,771
Eliminated on disposal (54,564 )
At 31 December 2024 705,755
NET BOOK VALUE
At 31 December 2024 533,308
At 31 December 2023 355,245

Fixed assets, included in the above, which are held under finance leases are as follows:

Plant and
machinery
etc
£   
COST
At 1 January 2024 286,560
Transfer to ownership (186,000 )
At 31 December 2024 100,560
DEPRECIATION
At 1 January 2024 239,760
Charge for year (7,228 )
Transfer to ownership (186,000 )
At 31 December 2024 46,532
NET BOOK VALUE
At 31 December 2024 54,028
At 31 December 2023 46,800

HESSLE GOLF CLUB LIMITED (REGISTERED NUMBER: 09347886)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2024


5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2024
and 31 December 2024 10,351
NET BOOK VALUE
At 31 December 2024 10,351
At 31 December 2023 10,351

Fixed asset investments is represented by 5,610 ordinary shares held in Hessle Golf Course Company Limited.

These shares are owned by individuals, all directors of the company, acting as trustees for the members of the company.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 26,116 10,521
Other debtors 28,217 18,535
54,333 29,056

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Finance leases 20,623 19,638
Trade creditors 23,353 25,920
Taxation and social security 16,277 14,259
Other creditors 433,338 305,859
493,591 365,676

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Finance leases 15,863 37,041

HESSLE GOLF CLUB LIMITED (REGISTERED NUMBER: 09347886)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2024


9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Finance leases 36,486 56,679

The finance lease creditor is secured on the underlying assets.

10. RELATED PARTY DISCLOSURES

Hessle Golf Course Company Limited

Hessle Golf Course Company Limited is a company under common control.

During the year to 31st December 2024, rent of £2,500 was charged by Hessle Golf Course Company Limited to the company.


Other Loans

Included within other creditors is a loan advanced from a company owned by two members of the golf club.

The balance outstanding at 31st December 2024 is £117,320 (2023:£0).
The loan attracts interest at a flat rate and is repayable on demand.

11. LIMITED BY GUARANTEE

The company is limited by guarantee. In the event of the company being wound up, the liability of each member is limited to a sum of £1.

HESSLE GOLF CLUB LIMITED (REGISTERED NUMBER: 09347886)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2024


12. LADIES AND SENIOR SECTIONS

Within the financial statements are figures relating to the Ladies and Senior Sections, as follows:

2024 2023
£ £

Ladies Section

Surplus/(Deficit) for the year 243 (7,718 )
Reserves 2,321 2,078
Seniors Section

Surplus for the year - -
Reserves 1,379 1,379