IRIS Accounts Production v25.1.4.42 01170890 Board of Directors Board of Directors 1.1.24 31.12.24 31.12.24 true false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 01170890 2023-12-31 01170890 2024-12-31 01170890 2024-01-01 2024-12-31 01170890 2022-12-31 01170890 2023-01-01 2023-12-31 01170890 2023-12-31 01170890 ns15:EnglandWales 2024-01-01 2024-12-31 01170890 ns14:PoundSterling 2024-01-01 2024-12-31 01170890 ns10:Director1 2024-01-01 2024-12-31 01170890 ns10:Director2 2024-01-01 2024-12-31 01170890 ns10:CompanyLimitedByGuarantee 2024-01-01 2024-12-31 01170890 ns10:SmallEntities 2024-01-01 2024-12-31 01170890 ns10:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 01170890 ns10:SmallCompaniesRegimeForDirectorsReport 2024-01-01 2024-12-31 01170890 ns10:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 01170890 ns10:FullAccounts 2024-01-01 2024-12-31 01170890 ns10:Director4 2024-01-01 2024-12-31 01170890 ns10:Director5 2024-01-01 2024-12-31 01170890 ns10:Director7 2024-01-01 2024-12-31 01170890 ns10:Director9 2024-01-01 2024-12-31 01170890 ns10:Director10 2024-01-01 2024-12-31 01170890 ns10:Director11 2024-01-01 2024-12-31 01170890 ns10:Director12 2024-01-01 2024-12-31 01170890 ns10:Director13 2024-01-01 2024-12-31 01170890 ns10:CompanySecretary1 2024-01-01 2024-12-31 01170890 ns10:RegisteredOffice 2024-01-01 2024-12-31 01170890 ns5:CurrentFinancialInstruments 2024-12-31 01170890 ns5:CurrentFinancialInstruments 2023-12-31 01170890 ns5:Non-currentFinancialInstruments 2024-12-31 01170890 ns5:Non-currentFinancialInstruments 2023-12-31 01170890 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 01170890 ns5:RetainedEarningsAccumulatedLosses 2023-12-31 01170890 ns5:LandBuildings 2023-12-31 01170890 ns5:LandBuildings ns5:ShortLeaseholdAssets 2023-12-31 01170890 ns5:LongLeaseholdAssets ns5:LandBuildings 2023-12-31 01170890 ns5:PlantMachinery 2023-12-31 01170890 ns5:LandBuildings 2024-01-01 2024-12-31 01170890 ns5:LandBuildings ns5:ShortLeaseholdAssets 2024-01-01 2024-12-31 01170890 ns5:LongLeaseholdAssets ns5:LandBuildings 2024-01-01 2024-12-31 01170890 ns5:PlantMachinery 2024-01-01 2024-12-31 01170890 ns5:LandBuildings 2024-12-31 01170890 ns5:LandBuildings ns5:ShortLeaseholdAssets 2024-12-31 01170890 ns5:LongLeaseholdAssets ns5:LandBuildings 2024-12-31 01170890 ns5:PlantMachinery 2024-12-31 01170890 ns5:LandBuildings 2023-12-31 01170890 ns5:LandBuildings ns5:ShortLeaseholdAssets 2023-12-31 01170890 ns5:LongLeaseholdAssets ns5:LandBuildings 2023-12-31 01170890 ns5:PlantMachinery 2023-12-31 01170890 ns5:FurnitureFittings 2023-12-31 01170890 ns5:MotorVehicles 2023-12-31 01170890 ns5:ComputerEquipment 2023-12-31 01170890 ns5:FurnitureFittings 2024-01-01 2024-12-31 01170890 ns5:MotorVehicles 2024-01-01 2024-12-31 01170890 ns5:ComputerEquipment 2024-01-01 2024-12-31 01170890 ns5:FurnitureFittings 2024-12-31 01170890 ns5:MotorVehicles 2024-12-31 01170890 ns5:ComputerEquipment 2024-12-31 01170890 ns5:FurnitureFittings 2023-12-31 01170890 ns5:MotorVehicles 2023-12-31 01170890 ns5:ComputerEquipment 2023-12-31 01170890 ns5:CostValuation 2023-12-31 01170890 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 01170890 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2023-12-31 01170890 ns5:Secured 2024-12-31 01170890 ns5:Secured 2023-12-31

REGISTERED NUMBER: 01170890 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 December 2024 |

| for |

| Llandudno Golf Club (Maesdu) Limited |

| Llandudno Golf Club (Maesdu) Limited (Registered number: 01170890) |

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 |

| Statement of Directors' Responsibilities | 7 |

| Independent Chartered Accountants' Review Report | 8 |

| Llandudno Golf Club (Maesdu) Limited |

Company Information

for the year ended 31 December 2024

| DIRECTORS: | A Bailey

| Mrs H M Roberts

| S S Muthusamy

| J Clements

| G T Jones

| S Pettigrew

| N Roberts

| Mr S Davies

| K Pettigrew

| A C Roberts

| SECRETARY: | Miss S Thomas

| REGISTERED OFFICE: | The Club House

| Hospital Road

| Llandudno

| CONWY

| LL30 1HU

| REGISTERED NUMBER: | 01170890 (England and Wales)

| ACCOUNTANTS: | Bennett Brooks & Co Ltd

| Chartered Accountants

| 19 Trinity Square

| Llandudno

| CONWY

| LL30 2RD

| Llandudno Golf Club (Maesdu) Limited (Registered number: 01170890) |

Balance Sheet

31 December 2024

2024 | 2023 |

| Notes | £ | £

FIXED ASSETS

Tangible assets | 4 | 777,655 |  | 674,435 |  |

Investments | 5 | 2 |  | 2 |  |

777,657 |  | 674,437 |  |

CURRENT ASSETS

Stocks | 5,059 |  | 4,838 |  |

Debtors | 6 | 30,014 |  | 12,784 |  |

Cash at bank and in hand | 75,899 |  | 210,833 |  |

110,972 |  | 228,455 |  |

CREDITORS

Amounts falling due within one year | 7 | (135,818 | ) | (90,469 | ) |

NET CURRENT (LIABILITIES)/ASSETS | (24,846 | ) | 137,986 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 752,811 |  | 812,423 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (144,398 | ) | (100,496 | ) |

NET ASSETS | 608,413 |  | 711,927 |  |

RESERVES

Income and expenditure account | 608,413 |  | 711,927 |  |

608,413 |  | 711,927 |  |

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 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.

| Llandudno Golf Club (Maesdu) Limited (Registered number: 01170890) |

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 6 March 2025 and were signed on its behalf by:

A Bailey - Director

G T Jones - Director

| Llandudno Golf Club (Maesdu) Limited (Registered number: 01170890) |

Notes to the Financial Statements

for the year ended 31 December 2024

1. | STATUTORY INFORMATION

| Llandudno Golf Club (Maesdu) 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 (£).

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 represents net sales of goods and services, excluding VAT.

| There are however more specific policies for:

| Playing membership subscription income: Playing membership is recognised in the period in which it is received. This represents a change of accounting policy as explained within the Prior Year Adjustment note.

| Tangible fixed assets

| Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes the original purchase price of the asset and the costs attributable to bringing the asset to its working condition for its intended use.

| Depreciation is provided on all tangible fixed assets, at rates calculated to write off cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

| Leasehold property - 1% on cost

| The following assets are depreciated on various straight line bases over their useful economic lives:

| Freehold property

| Course buildings and improvements

| Plant and machinery

| Fixture and fittings

| Assets held on finance lease

| Irrigation equipment

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

| Stocks

| The bar stocks held at the year end are valued at cost by Bestock Stocktaking of Colwyn Bay.

| The stock of fertilisers, seeds, oils and club colours are valued at cost by the directors.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 10 (2023 - 9 ) .

| Llandudno Golf Club (Maesdu) Limited (Registered number: 01170890) |

Notes to the Financial Statements - continued

for the year ended 31 December 2024

4. | TANGIBLE FIXED ASSETS

Course |

Freehold | Leasehold | buildings & | Plant and |

property | property | improvements | machinery |

| £ | £ | £ | £

| COST

| At 1 January 2024 | 506,578 |  | 201,240 |  | 198,784 |  | 539,372 |  |

| Additions | - |  | - |  | 27,950 |  | 5,420 |  |

| Disposals | - |  | - |  | - |  | (45,395 | ) |

| Reclassification/transfer | - |  | - |  | - |  | 246,867 |  |

| At 31 December 2024 | 506,578 |  | 201,240 |  | 226,734 |  | 746,264 |  |

| DEPRECIATION

| At 1 January 2024 | 366,962 |  | 58,573 |  | 82,295 |  | 423,894 |  |

| Charge for year | 13,213 |  | 2,000 |  | 10,495 |  | 20,118 |  |

| Eliminated on disposal | - |  | - |  | - |  | (45,395 | ) |

| Reclassification/transfer | - |  | - |  | - |  | 201,567 |  |

| At 31 December 2024 | 380,175 |  | 60,573 |  | 92,790 |  | 600,184 |  |

| NET BOOK VALUE

| At 31 December 2024 | 126,403 |  | 140,667 |  | 133,944 |  | 146,080 |  |

| At 31 December 2023 | 139,616 |  | 142,667 |  | 116,489 |  | 115,478 |  |

Fixtures | Assets held |

and | on finance | Irrigation |

fittings | lease | equipment | Totals |

| £ | £ | £ | £

| COST

| At 1 January 2024 | 157,423 |  | 176,859 |  | 73,656 |  | 1,853,912 |  |

| Additions | 2,478 |  | 134,454 |  | - |  | 170,302 |  |

| Disposals | - |  | - |  | - |  | (45,395 | ) |

| Reclassification/transfer | - |  | (81,600 | ) | - |  | 165,267 |  |

| At 31 December 2024 | 159,901 |  | 229,713 |  | 73,656 |  | 2,144,086 |  |

| DEPRECIATION

| At 1 January 2024 | 156,950 |  | 37,846 |  | 52,957 |  | 1,179,477 |  |

| Charge for year | 469 |  | 18,438 |  | 2,349 |  | 67,082 |  |

| Eliminated on disposal | - |  | - |  | - |  | (45,395 | ) |

| Reclassification/transfer | - |  | (36,300 | ) | - |  | 165,267 |  |

| At 31 December 2024 | 157,419 |  | 19,984 |  | 55,306 |  | 1,366,431 |  |

| NET BOOK VALUE

| At 31 December 2024 | 2,482 |  | 209,729 |  | 18,350 |  | 777,655 |  |

| At 31 December 2023 | 473 |  | 139,013 |  | 20,699 |  | 674,435 |  |

| Llandudno Golf Club (Maesdu) Limited (Registered number: 01170890) |

Notes to the Financial Statements - continued

for the year ended 31 December 2024

5. | FIXED ASSET INVESTMENTS

Shares in |

group |

undertakings |

| £

| COST

| At 1 January 2024

| and 31 December 2024 | 2 |  |

| NET BOOK VALUE

| At 31 December 2024 | 2 |  |

| At 31 December 2023 | 2 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

| £ | £

| Amounts owed by group undertakings | 14,471 |  | 3,904 |  |

| Other debtors | 15,543 |  | 8,880 |  |

30,014 |  | 12,784 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

| £ | £

| Bank loans and overdrafts | 42,582 |  | 35,615 |  |

| Hire purchase contracts | 41,224 |  | 23,822 |  |

| Trade creditors | 434 |  | 331 |  |

| Other creditors | 51,578 |  | 30,701 |  |

135,818 |  | 90,469 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2024 | 2023 |

| £ | £

| Bank loans | 10,827 |  | 36,813 |  |

| Hire purchase contracts | 133,571 |  | 63,683 |  |

144,398 |  | 100,496 |  |

9. | SECURED DEBTS

| The following secured debts are included within creditors:

2024 | 2023 |

| £ | £

| Bank loans | 36,813 |  | 62,799 |  |

| The bank loan is secured by way of a fixed and floating charge over the assets and undertaking of the company.

| Llandudno Golf Club (Maesdu) Limited (Registered number: 01170890) |

Statement of Directors' Responsibilities

for the year ended 31 December 2024

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

The directors are responsible for preparing the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period. In preparing these financial statements, the directors are required to:

- | select suitable accounting policies and then apply them consistently;

- | make judgements and accounting estimates that are reasonable and prudent;

- | prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

ON BEHALF OF THE BOARD:

A Bailey - Director

G T Jones - Director

6 March 2025

Independent Chartered Accountants' Review Report to the Directors of

Llandudno Golf Club (Maesdu) Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

We have reviewed the financial statements of Llandudno Golf Club (Maesdu) Limited for the year ended 31 December 2024, which comprise the Income Statement, Balance Sheet and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Directors' responsibility for the financial statements

As explained more fully in the Statement of Directors' Responsibilities set out on page nine, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view.

Accountants' responsibility

Our responsibility is to express a conclusion on the financial statements. We conducted our review in accordance with International Standard on Review Engagements (ISRE) 2400 (Revised), 'Engagements to review historical financial statements' and ICAEW Technical Release TECH 09/13AAF (Revised) 'Assurance review engagements on historical financial statements'. ISRE 2400 (Revised) requires us to conclude whether anything has come to our attention that causes us to believe that the financial statements, taken as a whole, are not prepared, in all material respects, in accordance with United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). ISRE 2400 (Revised) also requires us to comply with the ICAEW Code of Ethics and the FRC's Ethical Standard, as applicable.

Scope of the assurance review

A review of financial statements in accordance with ISRE 2400 (Revised) is a limited assurance engagement. We have performed additional procedures, primarily consisting of making enquiries of management and others within the entity, as appropriate, applying analytical procedures and evaluating the evidence obtained. The procedures performed in a review are substantially less than those performed in an audit conducted in accordance with International Standards on Auditing (UK). Accordingly, we do not express an audit opinion on these financial statements.

Conclusion

Based on our review, nothing has come to our attention that causes us to believe that the financial statements have not been prepared:

- | so as to give a true and fair view of the state of the company's affairs as at 31 December 2024 and of its deficit for the year then ended;

- | in accordance with United Kingdom Generally Accepted Accounting Practice; and

- | in accordance with the requirements of the Companies Act 2006.

Use of our report

This report is made solely to the company's directors, as a body, in accordance with our terms of engagement. Our review has been undertaken so that we might state to the directors those matters that we have agreed with them in a reviewer's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's directors as a body for our work, for this report, or for the conclusions we have formed.

Bennett Brooks & Co Ltd

Chartered Accountants

19 Trinity Square

Llandudno

CONWY

LL30 2RD

6 March 2025