REGISTERED NUMBER: 05125840 (England and Wales)

Financial Statements for the Year Ended 31 July 2025

for

Chesterton Valley Golf Club Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M L Davis

M C Davis

SECRETARY:

M L Davis

REGISTERED OFFICE:

Burnhill Green Road

Chesterton

Shropshire

WV15 5NX

REGISTERED NUMBER:

05125840 (England and Wales)

ACCOUNTANTS:

Haines Watts Wolverhampton Limited

Keepers Lane

The Wergs

Wolverhampton

West Midlands

WV6 8UA

FIXED ASSETS

Intangible assets

4

-

11,667

Tangible assets

5

283,901

269,529

283,901

281,196

CURRENT ASSETS

Debtors

6

10,926

9,694

Cash at bank

50,492

60,262

61,418

69,956

CREDITORS

Amounts falling due within one year

7

179,715

185,083

NET CURRENT LIABILITIES

(118,297

)

(115,127

)

TOTAL ASSETS LESS CURRENT LIABILITIES

165,604

166,069

CREDITORS

Amounts falling due after more than one year

8

(6,274

)

(16,625

)

PROVISIONS FOR LIABILITIES

(35,799

)

(32,138

)

NET ASSETS

123,531

117,306

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

123,431

117,206

SHAREHOLDERS' FUNDS

123,531

117,306

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 profit or loss 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 September 2025 and were signed on its behalf by:

M L Davis - Director

1.	STATUTORY INFORMATION

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

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.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Turnover

The turnover shown in the profit and loss account is the amount receivable for the provision of goods and services falling within the Company's activities, net of Value Added Tax, rebates and trade discounts.

Turnover from the provision of goods and services is recognised in the accounting period in which the Company obtains the right to consideration in exchange for its performance and when the amounts to be recognised are fixed or determinable and collectability is reasonably assured.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life, or, if held under a finance lease, over the lease term, whichever is shorter.

Plant & machinery - 15% reducing balance

Fixtures & fittings - 15% reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 August 2024

and 31 July 2025

560,000

AMORTISATION

At 1 August 2024

548,333

Charge for year

11,667

At 31 July 2025

560,000

NET BOOK VALUE

At 31 July 2025

-

At 31 July 2024

11,667

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Property

machinery

fittings

Totals

£

£

£

£

COST

At 1 August 2024

136,459

488,925

40,291

665,675

Additions

-

47,595

-

47,595

Disposals

-

(34,000

)

-

(34,000

)

At 31 July 2025

136,459

502,520

40,291

679,270

DEPRECIATION

At 1 August 2024

-

366,378

29,768

396,146

Charge for year

-

19,669

1,865

21,534

Eliminated on disposal

-

(22,311

)

-

(22,311

)

At 31 July 2025

-

363,736

31,633

395,369

NET BOOK VALUE

At 31 July 2025

136,459

138,784

8,658

283,901

At 31 July 2024

136,459

122,547

10,523

269,529

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

4,639

9,694

Other debtors

6,287

-

10,926

9,694

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,351

10,096

Trade creditors

34,073

31,173

Taxation and social security

25,253

34,024

Other creditors

110,038

109,790

179,715

185,083

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

6,274

16,625

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100