Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 5129801 Mr Richard Stockdale iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 5129801 2023-09-30 5129801 2024-09-30 5129801 2023-10-01 2024-09-30 5129801 frs-core:CurrentFinancialInstruments 2024-09-30 5129801 frs-core:Non-currentFinancialInstruments 2024-09-30 5129801 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-09-30 5129801 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 5129801 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-30 5129801 frs-core:PlantMachinery 2024-09-30 5129801 frs-core:PlantMachinery 2023-10-01 2024-09-30 5129801 frs-core:PlantMachinery 2023-09-30 5129801 frs-core:SharePremium 2024-09-30 5129801 frs-core:ShareCapital 2024-09-30 5129801 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 5129801 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 5129801 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 5129801 frs-bus:SmallEntities 2023-10-01 2024-09-30 5129801 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 5129801 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 5129801 frs-bus:Director1 2023-10-01 2024-09-30 5129801 frs-countries:EnglandWales 2023-10-01 2024-09-30 5129801 2022-09-30 5129801 2023-09-30 5129801 2022-10-01 2023-09-30 5129801 frs-core:CurrentFinancialInstruments 2023-09-30 5129801 frs-core:Non-currentFinancialInstruments 2023-09-30 5129801 frs-core:SharePremium 2023-09-30 5129801 frs-core:ShareCapital 2023-09-30 5129801 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 5129801
Dolgellau Golf Club Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 5129801
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 508,971 510,051
508,971 510,051
CURRENT ASSETS
Debtors 5 550 550
Cash at bank and in hand 7,880 11,053
8,430 11,603
Creditors: Amounts Falling Due Within One Year 6 (263,685 ) (231,197 )
NET CURRENT ASSETS (LIABILITIES) (255,255 ) (219,594 )
TOTAL ASSETS LESS CURRENT LIABILITIES 253,716 290,457
Creditors: Amounts Falling Due After More Than One Year 7 - (48,450 )
NET ASSETS 253,716 242,007
CAPITAL AND RESERVES
Called up share capital 9 150,000 150,000
Share premium account 16,079 16,079
Profit and Loss Account 87,637 75,928
SHAREHOLDERS' FUNDS 253,716 242,007
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For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Richard Stockdale
Director
19/05/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Dolgellau Golf Club Limited is a private company, limited by shares, incorporated in England & Wales, registered number 5129801 . The registered office is Foxcovert Cottage , Foxcovert Lane, Lower Peover, Knutsford, Cheshire, WA16 9QP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 2% on cost
Plant & Machinery 25% on reducing balance
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
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4. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost
As at 1 October 2023 548,489 8,952 557,441
Additions - 3,872 3,872
As at 30 September 2024 548,489 12,824 561,313
Depreciation
As at 1 October 2023 38,840 8,550 47,390
Provided during the period 3,884 1,068 4,952
As at 30 September 2024 42,724 9,618 52,342
Net Book Value
As at 30 September 2024 505,765 3,206 508,971
As at 1 October 2023 509,649 402 510,051
Included within the cost of freehold land and buildings is land which is not depreciated.
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 550 550
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 5,059 5,059
Bank loans and overdrafts - 3,113
Corporation tax 3,000 5,467
VAT 999 1,790
Accruals and deferred income 1,387 1,287
Director's loan account 253,240 214,481
263,685 231,197
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans - 48,450
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8. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Bank loans and overdrafts - 51,563
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 150,000 150,000
10. Related Party Transactions
As at 30 September 2024 the company owed £253,240 (2023: £214,481) to Mr Richard Stockdale, the director of the company. The loan is interest free and has no fixed date for repayment.
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