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REGISTERED NUMBER: 02545832 (England and Wales)















MELTON MOWBRAY GOLF CLUB

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025






MELTON MOWBRAY GOLF CLUB (REGISTERED NUMBER: 02545832)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3 to 5


MELTON MOWBRAY GOLF CLUB

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: D Hirst
K S Kirk FCA
D H Bentley
W Crichton





SECRETARY: K S Kirk FCA





REGISTERED OFFICE: 26 Park Road
Melton Mowbray
Leicestershire
LE13 1TT





REGISTERED NUMBER: 02545832 (England and Wales)





ACCOUNTANTS: Duncan & Toplis Limited
26 Park Road
Melton Mowbray
Leicestershire
LE13 1TT

MELTON MOWBRAY GOLF CLUB (REGISTERED NUMBER: 02545832)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Property, plant and equipment 4 996,058 1,038,904

CURRENT ASSETS
Inventories 35,357 36,345
Debtors 5 2,408 1,939
Cash at bank and in hand 315,804 262,742
353,569 301,026
CREDITORS
Amounts falling due within one year 6 401,958 310,526
NET CURRENT LIABILITIES (48,389 ) (9,500 )
TOTAL ASSETS LESS CURRENT LIABILITIES 947,669 1,029,404

CREDITORS
Amounts falling due after more than one year 7 83,323 156,995
NET ASSETS 864,346 872,409

RESERVES
Income and expenditure account 864,346 872,409
864,346 872,409

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 5 June 2025 and were signed on its behalf by:





D Hirst - Director


MELTON MOWBRAY GOLF CLUB (REGISTERED NUMBER: 02545832)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Melton Mowbray Golf Club is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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


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.

Revenue
Members annual subscriptions are recognised in the period to which they relate. Green fees are recognised when the services are provided. Clubhouse revenues, including catering and professional shop revenues are recognised when the services are provided or goods supplied, excluding discounts and value added tax.

Property, plant and equipment
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and building- 2% on cost (excluding land)
Drainage - 15 years on cost
Plant and machinery etc- 25% on reducing balance and 7 years straight line to a residual
value of 10% of original cost.

Inventories
Inventories are valued at the lower of cost and fair value less cost to complete and sell, after making due allowance for obsolete and slow moving stock.

Taxation
Taxation for the year comprises current 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 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 statement of financial position date.

Operating leases
Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

Pension cost and other post-retirement benefit
The company operates a defined contribution pension scheme. Contribution payable on the company's pension scheme are charge to the profit and loss in the period to which they relate.

Year end
The accounts year end is the closest Saturday to the end of March.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2024 - 15 ) .

MELTON MOWBRAY GOLF CLUB (REGISTERED NUMBER: 02545832)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures,
Land and Plant and fittings,
buildings Drainage machinery equipments Totals
£    £    £    £    £   
COST
At 1 April 2024 1,037,972 44,989 316,487 91,907 1,491,355
Disposals - - (32,500 ) - (32,500 )
At 31 March 2025 1,037,972 44,989 283,987 91,907 1,458,855
DEPRECIATION
At 1 April 2024 218,008 16,886 131,697 85,860 452,451
Charge for year 6,400 2,984 28,798 305 38,487
Eliminated on disposal - - (28,141 ) - (28,141 )
At 31 March 2025 224,408 19,870 132,354 86,165 462,797
NET BOOK VALUE
At 31 March 2025 813,564 25,119 151,633 5,742 996,058
At 31 March 2024 819,964 28,103 184,790 6,047 1,038,904

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 69 259
Other debtors 270 1,255
Prepayments 2,069 425
2,408 1,939

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 48,509 45,788
Hire purchase contracts 25,166 23,530
Trade creditors 28,089 25,407
Taxation 941 698
Other taxes and social security 16,025 10,704
Other creditors 71,565 58,737
Accruals and deferred income 211,663 145,662
401,958 310,526

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans 1-5yrs 35,931 84,440
Hire purchase contracts 47,392 72,555
83,323 156,995

MELTON MOWBRAY GOLF CLUB (REGISTERED NUMBER: 02545832)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

8. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Bank loans 84,440 130,228
Hire purchase 72,558 95,803
156,998 226,031

The loan is secured against the land, fixtures and fittings, plant & machinery and the hire purchase is secured against the assets to which it relates to.

9. OTHER FINANCIAL COMMITMENTS

The company has the following commitments due as follows:

20252024
££
Total financial commitment 24,93420,842

10. LIMITED BY GUARANTEE

The company is limited by guarantee and therefore has no share capital. The liability of the members upon winding up of the company is limited to £1 each.