Registered number
13987396
Golf Lodge Park Limited
Unaudited Filleted Accounts
31 March 2025
Golf Lodge Park Limited
Registered number: 13987396
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 1,360 2,554
Current assets
Stocks - 95,031
Debtors 4 12,518 13,071
Cash at bank and in hand 761 2,312
13,279 110,414
Creditors: amounts falling due within one year 5 (326,501) (392,991)
Net current liabilities (313,222) (282,577)
Net liabilities (311,862) (280,023)
Capital and reserves
Called up share capital 100 100
Profit and loss account (311,962) (280,123)
Shareholders' funds (311,862) (280,023)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr J R Harvey Mrs D A Harvey
Director Director
Approved by the board on 25 June 2025 Approved by the board on 25 June 2025
Golf Lodge Park Limited
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, tools and equipment over 3 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2024 3,582
At 31 March 2025 3,582
Depreciation
At 1 April 2024 1,028
Charge for the year 1,194
At 31 March 2025 2,222
Net book value
At 31 March 2025 1,360
At 31 March 2024 2,554
4 Debtors 2025 2024
£ £
Trade debtors - 1,066
Amounts owed by group undertakings and undertakings in which the company has a participating interest 12,303 12,005
Other debtors 215 -
12,518 13,071
5 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 44 119
Amounts owed to group undertakings and undertakings in which the company has a participating interest 324,957 390,500
Taxation and social security costs - 872
Other creditors 1,500 1,500
326,501 392,991
6 Related party transactions
During the year, the Company had transactions with Companies under common control. The balance owed as at the 31st March 2025 was £324,957 (2024: £390,500). This is shown within creditors and is interest free and repayable on demand.
During the year, the Company had transactions with Companies under common control. The balance due to the company as at the 31st March 2025 was £12,303 (2024: £12,005). This is shown within debtors and is interest free and repayable on demand.
7 Controlling party
The controlling party as at the balance sheet date is JHDH Limited by virtue of its 100% shareholding.
The ultimate controlling parties are Mr J R Harvey and Mrs D A Harvery by virtue of their joint 100% shareholding in JHDH Limited.
8 Other information
Golf Lodge Park Limited is a private company limited by shares and incorporated in England. Its registered office is:
C/O Integra Advisers LLP
1 Westleigh Hall, Wakefield Road
Denby Dale
Huddersfield
HD8 8QJ
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