Company registration number:
00097506
Worlebury Golf Club Limited (The)
Unaudited filleted financial statements
30 September 2024
Brooking Ruse
Chartered Accountants
2 Stafford Place
Weston-super-Mare
Somerset
BS23 2QZ
Worlebury Golf Club Limited (The)
Contents
Statement of financial position
Notes to the financial statements
Worlebury Golf Club Limited (The)
Statement of financial position
30 September 2024
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2024 |
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2023 |
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Note |
£ |
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£ |
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£ |
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£ |
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Fixed assets |
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Tangible assets |
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4 |
12,087 |
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12,087 |
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_______ |
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_______ |
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12,087 |
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12,087 |
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Current assets |
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Debtors |
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5 |
235,668 |
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235,668 |
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_______ |
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_______ |
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235,668 |
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235,668 |
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Creditors: amounts falling due |
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within one year |
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6 |
(
2,240) |
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(
2,240) |
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_______ |
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_______ |
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Net current assets |
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233,428 |
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233,428 |
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_______ |
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_______ |
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Total assets less current liabilities |
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245,515 |
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245,515 |
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_______ |
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_______ |
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Net assets |
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245,515 |
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245,515 |
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_______ |
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_______ |
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Capital and reserves |
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Called up share capital |
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10 |
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10 |
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Capital redemption reserve |
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136,820 |
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136,820 |
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Profit and loss account |
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108,685 |
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108,685 |
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_______ |
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_______ |
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Shareholders funds |
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245,515 |
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245,515 |
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_______ |
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_______ |
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The company did not trade during the current year or prior year and has not made either a profit or loss.
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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;
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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'.
These financial statements were approved by the
board of directors
and authorised for issue on
27 May 2025
, and are signed on behalf of the board by:
Barry Saunders
Director
Company registration number:
00097506
Worlebury Golf Club Limited (The)
Notes to the financial statements
Year ended 30 September 2024
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Monks Hill, Worlebury, Weston-super-Mare, Somerset, BS22 9SX.
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.
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:
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.
4.
Tangible assets
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Long leasehold property |
Total |
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£ |
£ |
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Cost |
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At 1 October 2023 and 30 September 2024 |
12,087 |
12,087 |
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_______ |
_______ |
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Depreciation |
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At 1 October 2023 and 30 September 2024 |
- |
- |
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_______ |
_______ |
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Carrying amount |
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At 30 September 2024 |
12,087 |
12,087 |
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_______ |
_______ |
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At 30 September 2023 |
12,087 |
12,087 |
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_______ |
_______ |
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5.
Debtors
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2024 |
2023 |
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£ |
£ |
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Other debtors |
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235,668 |
235,668 |
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_______ |
_______ |
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6.
Creditors: amounts falling due within one year
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2024 |
2023 |
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£ |
£ |
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Other creditors |
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2,240 |
2,240 |
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_______ |
_______ |
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