REGISTERED NUMBER: 08818545 (England and Wales)

PRYORS HAYES GOLF & LEISURE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R J Barnes

T J Barnes

REGISTERED OFFICE:

Darland House

44 Winnington Hill

Northwich

Cheshire

CW8 1AU

REGISTERED NUMBER:

08818545 (England and Wales)

FIXED ASSETS

Intangible assets

4

139,707

155,230

Tangible assets

5

248,420

281,684

388,127

436,914

CURRENT ASSETS

Stocks

6

33,581

33,122

Debtors

7

29,178

32,061

Cash at bank

280,761

379,406

343,520

444,589

CREDITORS

Amounts falling due within one year

8

286,800

420,832

NET CURRENT ASSETS

56,720

23,757

TOTAL ASSETS LESS CURRENT LIABILITIES

444,847

460,671

PROVISIONS FOR LIABILITIES

46,463

52,669

NET ASSETS

398,384

408,002

CAPITAL AND RESERVES

Called up share capital

9

100

100

Profit and loss account

398,284

407,902

SHAREHOLDERS' FUNDS

398,384

408,002

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 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 September 2025 and were signed on its behalf by:

R J Barnes - Director

T J Barnes - Director

1.	STATUTORY INFORMATION

Pryors Hayes Golf & Leisure 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.

Turnover

Turnover represents amounts received, net of value added tax, in respect of the sale of goods and services.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible assets

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

Plant and machinery

-

25% on cost and 15% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% on reducing balance

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 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 17 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

310,460

AMORTISATION

At 1 January 2024

155,230

Charge for year

15,523

At 31 December 2024

170,753

NET BOOK VALUE

At 31 December 2024

139,707

At 31 December 2023

155,230

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

471,677

98,473

38,250

4,869

613,269

Additions

6,321

250

-

4,312

10,883

At 31 December 2024

477,998

98,723

38,250

9,181

624,152

DEPRECIATION

At 1 January 2024

277,445

44,534

7,172

2,434

331,585

Charge for year

30,226

5,408

7,769

744

44,147

At 31 December 2024

307,671

49,942

14,941

3,178

375,732

NET BOOK VALUE

At 31 December 2024

170,327

48,781

23,309

6,003

248,420

At 31 December 2023

194,232

53,939

31,078

2,435

281,684

6.

STOCKS

2024

2023

£

£

Stocks

33,581

33,122

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

29

29

Other debtors

25,821

26,124

Prepayments and accrued income

3,328

5,908

29,178

32,061

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

15,202

34,751

Amounts owed to group undertakings

126,002

278,780

Corporation tax

4,501

47,312

Social security and other taxes

62,322

13,493

Other creditors

41,080

18,063

Accruals and deferred income

37,693

28,433

286,800

420,832

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

£1

100

100

10.	RELATED PARTY DISCLOSURES

The company is a wholly owned subsidiary of Grange Properties (North West) Limited. The registered office of the parent company is Darland House, 44 Winnington Hill, Northwich, Cheshire CW8 1AU.