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REGISTERED NUMBER: 11852985 (England and Wales)















OLLERTON GOLF CENTRE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024






OLLERTON GOLF CENTRE LIMITED (REGISTERED NUMBER: 11852985)






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


OLLERTON GOLF CENTRE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: B J Coutts
S A Coutts





REGISTERED OFFICE: Beeches Farm
School Lane
Ollerton
Knutsford
Cheshire
WA16 8SD





REGISTERED NUMBER: 11852985 (England and Wales)





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

OLLERTON GOLF CENTRE LIMITED (REGISTERED NUMBER: 11852985)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 628,991 626,829

CURRENT ASSETS
Stocks 25,500 22,500
Debtors 5 71,512 -
Cash at bank and in hand 44,217 16,312
141,229 38,812
CREDITORS
Amounts falling due within one year 6 99,462 454,051
NET CURRENT ASSETS/(LIABILITIES) 41,767 (415,239 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

670,758

211,590

CREDITORS
Amounts falling due after more than one
year

7

(588,971

)

-

PROVISIONS FOR LIABILITIES (81,002 ) (49,848 )
NET ASSETS 785 161,742

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 783 161,740
SHAREHOLDERS' FUNDS 785 161,742

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.

OLLERTON GOLF CENTRE LIMITED (REGISTERED NUMBER: 11852985)

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 28 April 2025 and were signed on its behalf by:




B J Coutts - Director



S A Coutts - Director


OLLERTON GOLF CENTRE LIMITED (REGISTERED NUMBER: 11852985)

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

1. STATUTORY INFORMATION

Ollerton Golf Centre Limited 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.

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
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Fixtures and fittings - 10% on cost

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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 14 ) .

OLLERTON GOLF CENTRE LIMITED (REGISTERED NUMBER: 11852985)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 January 2024 76,364 718,763 795,127
Additions 4,000 95,680 99,680
At 31 December 2024 80,364 814,443 894,807
DEPRECIATION
At 1 January 2024 45,142 123,156 168,298
Charge for year 16,071 81,447 97,518
At 31 December 2024 61,213 204,603 265,816
NET BOOK VALUE
At 31 December 2024 19,151 609,840 628,991
At 31 December 2023 31,222 595,607 626,829

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 12,406 -
Directors' loan accounts 56,623 -
Prepayments 2,483 -
71,512 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 31,000 -
Trade creditors 19,644 -
Corporation tax 29,985 -
Social security and other taxes 3,197 4,095
VAT 13,936 25,445
Directors' loan accounts - 421,436
Accrued expenses 1,700 3,075
99,462 454,051

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loan - 1 - 2 years 31,000 -
Bank loan - 2 - 5 years 154,000 -
Bank loan - over 5 years 403,971 -
588,971 -

OLLERTON GOLF CENTRE LIMITED (REGISTERED NUMBER: 11852985)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2024 2023
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loan - over 5 years 403,971 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2