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REGISTERED NUMBER: 00263620 (England and Wales)















MOOR HALL GOLF CLUB LIMITED

AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025






MOOR HALL GOLF CLUB LIMITED (REGISTERED NUMBER: 00263620)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MOOR HALL GOLF CLUB LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: N J Keegan
A M Sanders
A Youngman
C Clark
T Regan
F Longbottom
A N Burns
A A J Green
J Tomlinson
K P Ward
S J Hadley


SECRETARY: F Longbottom


REGISTERED OFFICE: Moor Hall Golf Club House
Sutton Coldfield
West Midlands
B75 6LN


REGISTERED NUMBER: 00263620 (England and Wales)


AUDITORS: Harwoods
(Statutory auditor)
1 Trinity Place
Midland Drive
Sutton Coldfield
West Midlands
B72 1TX


BANKERS: Lloyds Bank Plc
9 Birmingham Road
Sutton Coldfield
B72 1QA

MOOR HALL GOLF CLUB LIMITED (REGISTERED NUMBER: 00263620)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,429,173 1,139,763

CURRENT ASSETS
Stocks 10,272 9,487
Debtors 5 139,929 301,403
Cash at bank and in hand 710,142 549,749
860,343 860,639
CREDITORS
Amounts falling due within one year 6 1,346,959 1,192,411
NET CURRENT LIABILITIES (486,616 ) (331,772 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

942,557

807,991

CREDITORS
Amounts falling due after more than one year 7 236,663 150,687
NET ASSETS 705,894 657,304

RESERVES
Retained earnings 705,894 657,304
MEMBERS' FUNDS 705,894 657,304

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 July 2025 and were signed on its behalf by:





A M Sanders - Director


MOOR HALL GOLF CLUB LIMITED (REGISTERED NUMBER: 00263620)

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

1. STATUTORY INFORMATION

Moor Hall Golf Club Limited 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 (£).


The financial statements are rounded to the nearest £1.

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.

The financial statements have been prepared on a going concern basis, are presented in sterling which is the functional currency of the company and are rounded to the nearest £.

Management have determined that there are no material uncertainties in relation to going concern by considering future cash flows, liquidity and borrowing facilities.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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

The company's turnover represents the value, exceeding value added tax, of subscriptions, entrance fees, bar sales, green fees and other sundry receipts receivable in respect of the year during the year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost and Straight line over 20 years
Plant and machinery etc - 33% on cost, 25% on cost, 20% on cost and 10% on cost

Land and buildings amounting to £188,010 has been held at it's 1978 cost and has not been depreciated.

Expenditure on any major course re-development is to be depreciated over 20 years on a straight line basis.

Expenditure on any clubhouse refurbishment will not be capitalised as this is considered to be substantially of a refurbishment nature.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
The company is formed to promote the common interests of its members and derives its funds from annual subscriptions and charges paid by its members. Consequently, for taxation purposes, it is a non-trading concern and thus outside the scope of taxation provision on its operating surplus or deficit. However the company is liable to corporation tax on any investment income received. No provision is required for deferred taxation.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

MOOR HALL GOLF CLUB LIMITED (REGISTERED NUMBER: 00263620)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 31 (2024 - 32 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2024 1,505,952 1,030,789 2,536,741
Additions 202,221 218,620 420,841
Disposals - (83,616 ) (83,616 )
At 31 March 2025 1,708,173 1,165,793 2,873,966
DEPRECIATION
At 1 April 2024 513,702 883,276 1,396,978
Charge for year 49,481 80,804 130,285
Eliminated on disposal - (82,470 ) (82,470 )
At 31 March 2025 563,183 881,610 1,444,793
NET BOOK VALUE
At 31 March 2025 1,144,990 284,183 1,429,173
At 31 March 2024 992,250 147,513 1,139,763

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors - 2,080
Other debtors 127,966 284,690
Prepayments 11,963 14,633
139,929 301,403

Other debtors relates to the timing difference of credit card receipts not yet deposited into the bank account.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 24,087 24,087
Other loans 157,750 151,500
Finance leases (see note 8) 40,078 9,100
Payments on account 8,573 2,614
Trade creditors 45,586 57,286
Taxation (10 ) (10 )
VAT 31,891 17,341
PAYE 13,363 961
Other creditors 105,947 100,459
Subscription in advance 629,063 543,194
Development fund
(Deferred lifetime membership) 201,000 213,000
Accrued expenses 89,631 72,879
1,346,959 1,192,411

MOOR HALL GOLF CLUB LIMITED (REGISTERED NUMBER: 00263620)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans - 1-2 years 24,950 24,950
Other loans - 1-2 years 12,500 -
Bank loans - 2-5 years 72,110 82,597
Bank loans - > 5 years - 14,463
Finance leases (see note 8) 127,103 28,677
236,663 150,687

Amounts falling due in more than five years:

Repayable by instalments
Bank loans - > 5 years - 14,463

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Finance leases
2025 2024
£    £   
Net obligations repayable:
Within one year 40,078 9,100
Between one and five years 127,103 28,677
167,181 37,777

Non-cancellable operating leases
2025 2024
£    £   
Within one year 57,657 65,567
Between one and five years 126,403 202,466
184,060 268,033

9. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Bank loans 133,647 146,097
Finance leases 167,181 37,777
300,828 183,874

Lloyds Bank plc. have a fixed and floating charge over the undertaking and all property and assets present and future, including goodwill, book debts, uncalled capital, buildings, fixtures, fixed plant & machinery.

The finance lease is secured on the related assets.

MOOR HALL GOLF CLUB LIMITED (REGISTERED NUMBER: 00263620)

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

10. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Adam Bexon MChem FCA (Senior Statutory Auditor)
for and on behalf of Harwoods

11. PENSION COMMITMENTS

The pension cost charge represents contributions payable by the company regarding the pension amounting to £15,236 (2024 - £14,444). Contributions totalling £nil (2024 - £5,095) were payable to the fund at the balance sheet date.

12. CAPITAL COMMITMENTS
2025 2024
£    £   
Contracted but not provided for in the
financial statements - 238,961

13. LIMITED BY GUARANTEE

Each member of the company undertakes to contribute to the assets of the company in the event of it being wound up while he/she is a member, or within one year after he/she ceases to be a member, such amount as may be required, not exceeding £1 for the debts and liabilities contracted before he/she ceases to be a member.

14. CONTINGENT ASSETS AND LIABILITIES

The maintenance of Moor Hall Drive is the responsibility of the company, however the company has entered into an agreement with Moor Hall Hotel Limited and with the residents of Moor Hall Drive whereby they and the company will contribute monies into a fund each year and that fund will meet the costs of any drive maintenance.

At 31st March 2025 the fund stood at £191,624 (2024 - £191,823). Neither the fund movements or balance sheet have been included in the financial statements, although the company's annual contribution is included. Funds can only be withdrawn on the agreement of all parties to the arrangement.