REGISTERED NUMBER: 00995443 (England and Wales)

BEESTON FIELDS GOLF CLUB LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr P J Kelly

Mr S Potter

REGISTERED OFFICE:

The Mill

One High Street

Henley-in-Arden

B95 5AA

REGISTERED NUMBER:

00995443 (England and Wales)

ACCOUNTANTS:

Duncan and Toplis Limited

Pinnacle House

1 Pinnacle Way,

Derby

Derbyshire

DE24 8ZS

FIXED ASSETS

Tangible assets

4

885,733

729,634

885,733

729,634

CURRENT ASSETS

Stocks

5

48,712

47,359

Debtors

6

3,528

1,821

Cash at bank

23,004

16

75,244

49,196

CREDITORS

Amounts falling due within one year

7

1,784,931

1,576,855

NET CURRENT LIABILITIES

(1,709,687

)

(1,527,659

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(823,954

)

(798,025

)

CREDITORS

Amounts falling due after more than one year

8

207,746

34,109

NET LIABILITIES

(1,031,700

)

(832,134

)

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

(1,031,702

)

(832,136

)

SHAREHOLDERS' FUNDS

(1,031,700

)

(832,134

)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2025 and were signed on its behalf by:

Mr P J Kelly - Director

1.	STATUTORY INFORMATION

Beeston Fields 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Sale of goods

Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually receipt of the goods.

Rendering of services

When the outcome of a transaction can be estimated reliably, turnover from the operation of a golf facility is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by use of facilities.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Tangible fixed assets

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

Greenkeepers complex

-

5% on cost

Plant and machinery

-

20% on reducing balance and 10% on cost

Fixtures and fittings

-

10% on cost, 10% on reducing balance and 5% on cost

Car park, fence & course improvements

-

5% on cost

Computer equipment

-

20% 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 Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 42 (2023 - 36 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Greenkeepers

Plant and

and

complex

machinery

fittings

£

£

£

COST

At 1 January 2024

187,300

448,594

988,782

Additions

-

325,312

-

Disposals

-

-

-

At 31 December 2024

187,300

773,906

988,782

DEPRECIATION

At 1 January 2024

85,808

397,170

615,907

Charge for year

9,365

72,701

32,730

Eliminated on disposal

-

-

-

At 31 December 2024

95,173

469,871

648,637

NET BOOK VALUE

At 31 December 2024

92,127

304,035

340,145

At 31 December 2023

101,492

51,424

372,875

Car park,

fence &

course

Computer

improvements

equipment

Totals

£

£

£

COST

At 1 January 2024

276,950

13,775

1,915,401

Additions

-

541

325,853

Disposals

(48,354

)

-

(48,354

)

At 31 December 2024

228,596

14,316

2,192,900

DEPRECIATION

At 1 January 2024

73,107

13,775

1,185,767

Charge for year

11,430

9

126,235

Eliminated on disposal

(4,835

)

-

(4,835

)

At 31 December 2024

79,702

13,784

1,307,167

NET BOOK VALUE

At 31 December 2024

148,894

532

885,733

At 31 December 2023

203,843

-

729,634

5.

STOCKS

31.12.24

31.12.23

£

£

Stocks

48,712

47,359

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

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other debtors

1,305

1,821

Prepayments and accrued income

2,223

-

3,528

1,821

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

-

47,709

Hire purchase contracts

60,833

5,068

Trade creditors

33,345

16,978

Amounts owed to group undertakings

1,409,944

-

Social security and other taxes

21,419

20,805

VAT

26,287

23,533

Other creditors

8,113

7,368

The Walled Garden at

Beeston Fields Limited

183,487

335,498

Directors' current accounts

-

1,081,944

Accruals and deferred income

41,503

37,952

1,784,931

1,576,855

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans - 1-2 years

-

10,558

Bank loans - 2-5 years

-

3,887

Hire purchase contracts

207,746

19,664

207,746

34,109

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

2

Ordinary Share

2p

2

2

10.	RELATED PARTY DISCLOSURES

Included within current liabilities is the balance of an interest free loan owed to The Walled Garden at Beeston Fields Limited.

The directors; MR P J Kelly and MR S Potter are each directors of The Walled Garden at Beeston Fields Limited.

11.	PARENT COMPANY

The company's parent company is Cilldara Group (Beeston) Limited, The registered office address for the company is: The Mill, One High Street, Henley-in-Arden, B95 5AA

12.	GOING CONCERN

These accounts have been prepared on a going concern basis despite the level of losses to date, as it is the intention of the parent company to continue to support the company for the foreseeable future. The directors believe the company can meet all of its obligations as they fall due.