Morriston Golf Club Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 13994815

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		377,556		331,395

			377,556		331,395
CURRENT ASSETS
Stocks	5	5,939		5,573
Debtors	6	12,893		12,805
Cash at bank and in hand		16,702		94,085

		35,534		112,463
Creditors: Amounts Falling Due Within One Year	7	(62,537 )		(54,893 )

NET CURRENT ASSETS (LIABILITIES)			(27,003 )		57,570

TOTAL ASSETS LESS CURRENT LIABILITIES			350,553		388,965

Creditors: Amounts Falling Due After More Than One Year	8		(39,261 )		(33,311 )

NET ASSETS			311,292		355,654

Income and Expenditure Account			311,292		355,654

MEMBERS' FUNDS			311,292		355,654

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Morriston Golf Club Ltd

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.

On behalf of the board

Mr Phillip Sumbler

Director

29/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Morriston Golf Club Ltd is a private company, limited by guarantee, incorporated in England & Wales, registered number 13994815 . The registered office is 160 Clasemont Road, Morriston, Swansea, SA6 6AJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	2% Per Annum on buildings
Plant & Machinery	20% Per Annum straight line
Motor Vehicles	20% Per Annum straight line
Fixtures & Fittings	20% Per Annum straight line

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 13 (2023: 12)

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Total
	£	£	£	£
Cost
As at 1 January 2024	595,116	215,711	-	810,827
Additions	-	41,530	17,750	59,280

As at 31 December 2024	595,116	257,241	17,750	870,107

...CONTINUED

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Morriston Golf Club Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Depreciation
As at 1 January 2024	271,375	208,057	-	479,432
Provided during the period	4,391	5,177	2,071	11,639
Disposals	-	1,480	-	1,480

As at 31 December 2024	275,766	214,714	2,071	492,551

Net Book Value
As at 31 December 2024	319,350	42,527	15,679	377,556

As at 1 January 2024	323,741	7,654	-	331,395

5. Stocks

	2024	2023
	£	£
Stock	5,939	5,573

6. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	12,049	4,026
Other debtors	844	8,779

	12,893	12,805

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	62,537	54,893

8. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Trade creditors	15,661	25,780
Other creditors	23,600	7,531

	39,261	33,311

9. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

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