Registration number:
Cradoc Golf Club Trading Ltd
for the
Year Ended 31 January 2025
Cradoc Golf Club Trading Ltd
Contents
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Company Information |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
Cradoc Golf Club Trading Ltd
Company Information
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Directors |
Mr N J Morrell Mr S Williams |
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Registered office |
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Bankers |
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Accountants |
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Cradoc Golf Club Trading Ltd
(Registration number: 09869515)
Balance Sheet as at 31 January 2025
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2024 |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Shareholders' funds |
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For the financial year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
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Cradoc Golf Club Trading Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention.
The financial statements are presented in sterling, which is the functional currency of the company, and rounded to the nearest £1.
Going concern
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, rebates and discounts.
The company recognises revenue when:
the amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity; and
specific criteria have been met for each of the company's activities.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised at the transaction price.
Cradoc Golf Club Trading Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025
Stocks
Stocks are stated at the lower of cost and estimated selling price. Cost is determined using the first-in, first-out (FIFO) method.
Stocks of heating fuel are stated at cost price, and stocks of driving range balls are stated at cost less a deduction to reflect their condition.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.Trade creditors are recognised at the transaction price .
Leases
Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash received.
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Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
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Debtors |
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Current |
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Trade debtors |
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Prepayments |
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Cradoc Golf Club Trading Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025
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Creditors |
Creditors: amounts falling due within one year
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Note |
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2024 |
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Due within one year |
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Trade creditors |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
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Accruals and deferred income |
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Other creditors |
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Share capital |
Allotted, called up and fully paid shares
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No. |
£ |
No. |
£ |
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1 |
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1 |
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Related party transactions |
Summary of transactions with parent
The company has Gift Aided its profit for the year to Cradoc Golf Club Ltd, which is a Community Amateur Sports Club.
Any balance due between the companies is interest free and repayable on demand.
Expenditure with and payables to related parties
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Parent |
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Rendering of services |
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2024 |
Parent |
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Rendering of services |
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