REGISTERED NUMBER: 04868359 (England and Wales)

WATERTON PARK GOLF CLUB LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Report of the Accountants

6

DIRECTORS:

C M Brown

G Hudson

M J Tordoff

SECRETARY:

Mrs A M Newton

REGISTERED OFFICE:

The Balk

Walton

Wakefield

West Yorkshire

WF2 6QL

REGISTERED NUMBER:

04868359 (England and Wales)

ACCOUNTANTS:

FINLAYSON & CO

Whitby Court

Abbey Road

Shepley

HUDDERSFIELD

West Yorkshire

HD8 8EL

FIXED ASSETS

Tangible assets

4

163,425

126,523

CURRENT ASSETS

Stocks

11,674

40,080

Debtors

5

10,438

25,648

Cash at bank and in hand

123,609

25,173

145,721

90,901

CREDITORS

Amounts falling due within one year

6

352,631

308,622

NET CURRENT LIABILITIES

(206,910

)

(217,721

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(43,485

)

(91,198

)

CREDITORS

Amounts falling due after more than one year

7

26,886

22,436

NET LIABILITIES

(70,371

)

(113,634

)

RESERVES

Income and expenditure account

(70,371

)

(113,634

)

(70,371

)

(113,634

)

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.

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 2 April 2025 and were signed on its behalf by:

C M Brown - Director

1.	STATUTORY INFORMATION

Waterton Park 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.

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 are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover

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

Tangible fixed assets

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

Improvements to property

-

15% on reducing balance

Plant and Machinery

-

15% on reducing balance

Fixtures and Fittings

-

20% on cost

Computer Equipment

-

33% on cost

Stocks

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

Taxation

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

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2023 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Computer

property

Machinery

Fittings

Equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

273,780

698,159

-

-

971,939

Additions

-

50,185

10,489

567

61,241

Disposals

-

(10,550

)

-

-

(10,550

)

At 31 December 2024

273,780

737,794

10,489

567

1,022,630

DEPRECIATION

At 1 January 2024

273,780

571,636

-

-

845,416

Charge for year

-

21,581

5

103

21,689

Eliminated on disposal

-

(7,900

)

-

-

(7,900

)

At 31 December 2024

273,780

585,317

5

103

859,205

NET BOOK VALUE

At 31 December 2024

-

152,477

10,484

464

163,425

At 31 December 2023

-

126,523

-

-

126,523

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

10,438

25,648

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

10,204

9,952

Hire purchase contracts

3,233

-

Trade creditors

7,914

19,210

Taxation and social security

23,597

7,692

Other creditors

307,683

271,768

352,631

308,622

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

12,232

22,436

Hire purchase contracts

14,654

-

26,886

22,436

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 Statement of Financial Position. 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.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 December 2024 set out on pages two to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

FINLAYSON & CO

Whitby Court

Abbey Road

Shepley

HUDDERSFIELD

West Yorkshire

HD8 8EL

2 April 2025