REGISTERED NUMBER: 14077107 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Long Ashton Golf Club Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R H Abrahams

C M Brooke

P A Donkin

K Gould

N P Ring

J Shapcott

N J Smith

SECRETARY:

R D Miller

REGISTERED OFFICE:

Long Ashton Golf Club

Clevedon Road

Long Ashton

Bristol

BS41 9DW

REGISTERED NUMBER:

14077107 (England and Wales)

ACCOUNTANTS:

Wormald & Partners

Chartered Accountants (ICAEW)

Brunel House

11 The Promenade

Clifton Down

Bristol

BS8 3NG

FIXED ASSETS

Tangible assets

4

886,319

774,035

Investments

5

21

21

886,340

774,056

CURRENT ASSETS

Stocks

8,955

25,036

Debtors

6

65,633

62,878

Prepayments and accrued income

6,145

4,828

Cash at bank and in hand

1,175,179

827,596

1,255,912

920,338

CREDITORS

Amounts falling due within one year

7

1,072,657

841,633

NET CURRENT ASSETS

183,255

78,705

TOTAL ASSETS LESS CURRENT LIABILITIES

1,069,595

852,761

CREDITORS

Amounts falling due after more than one year

8

119,460

22,562

NET ASSETS

950,135

830,199

RESERVES

Income and expenditure account

9

950,135

830,199

950,135

830,199

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 16 September 2025 and were signed on its behalf by:

N P Ring - Director

1.	STATUTORY INFORMATION

Long Ashton 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.

The company was incorporated on 29 April 2022 and commenced trading on 1 April 2023 by acquiring assets and undertakings of unincorporated Long Ashton Long Golf Club and the entire share capital of Long Ashton Golf Club Estates Limited.

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, 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Course irrigation

-

10% on straight line

Greens units & improvements

-

10% on straight line

Plant & machinery

-

20% on straight line basis

Furniture, fittings & equipmen t

-

20% on straight line basis

Driving range building

-

5% on straight line

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to surplus or deficit over the relevant period. The capital element of the future payments is treated as a liability.

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 27 (2024 - 26 ) .

4.	TANGIBLE FIXED ASSETS

Greens

Course

units &

Plant &

irrigation

improvements

machinery

£

£

£

COST

At 1 April 2024

252,000

384,159

997,898

Additions

-

8,483

236,092

Disposals

-

-

(22,789

)

At 31 March 2025

252,000

392,642

1,211,201

DEPRECIATION

At 1 April 2024

178,701

132,465

716,234

Charge for year

8,600

15,107

86,240

Eliminated on disposal

-

-

(22,789

)

At 31 March 2025

187,301

147,572

779,685

NET BOOK VALUE

At 31 March 2025

64,699

245,070

431,516

At 31 March 2024

73,299

251,694

281,664

Furniture,

fittings

Driving

Driving

& equipmen

range

range

t

building

equipment

Totals

£

£

£

£

COST

At 1 April 2024

283,628

134,921

74,323

2,126,929

Additions

6,167

-

-

250,742

Disposals

(5,039

)

-

-

(27,828

)

At 31 March 2025

284,756

134,921

74,323

2,349,843

DEPRECIATION

At 1 April 2024

191,027

84,659

49,808

1,352,894

Charge for year

15,608

6,746

5,233

137,534

Eliminated on disposal

(4,115

)

-

-

(26,904

)

At 31 March 2025

202,520

91,405

55,041

1,463,524

NET BOOK VALUE

At 31 March 2025

82,236

43,516

19,282

886,319

At 31 March 2024

92,601

50,262

24,515

774,035

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant &

machinery

£

COST

At 1 April 2024

35,288

Additions

195,539

At 31 March 2025

230,827

DEPRECIATION

At 1 April 2024

17,056

Charge for year

29,615

At 31 March 2025

46,671

NET BOOK VALUE

At 31 March 2025

184,156

At 31 March 2024

18,232

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

21

NET BOOK VALUE

At 31 March 2025

21

At 31 March 2024

21

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Long Ashton Golf Club Estates Limited

Registered office: Long Ashton Golf Club, Clarken Coombe, Long Ashton, Bristol. BS41 9DW

Nature of business: Golf club land and buildings

%

Class of shares:

holding

Ordinary

100.00

2025

2024

£

£

Aggregate capital and reserves

58,686

59,024

Loss for the year

(338

)

(372

)

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

3,175

420

Amounts due from group

undertakings

62,458

62,458

65,633

62,878

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,334

10,082

Hire purchase contracts

40,277

6,032

Trade creditors

79,783

63,251

Tax

4,629

-

Social security and other taxes

20,206

17,616

Other creditors

13,744

9,995

Junior levy

1,606

1,696

Accruals and deferred income

902,078

732,961

1,072,657

841,633

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

6,182

16,530

Hire purchase contracts

113,278

6,032

119,460

22,562

9.

RESERVES

Income

and

expenditure

account

£

At 1 April 2024

830,199

Surplus for the year

119,936

At 31 March 2025

950,135

10.	RELATED PARTY DISCLOSURES

Freehold land and building is held by Long Ashton Golf Club Estates Limited. At the balance sheet date the historical net book value amounts to £121,732.

The company utilizes the freehold land and buildings without charge. At the balance sheet date the amount due to the company amounts to £62,458.