Acorah Software Products - Accounts Production 16.5.460 false true false 2 March 2024 31 March 2025 31 March 2025 15536219 T S Bentley A Powell L J Ramscar iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15536219 2024-03-01 15536219 2025-03-31 15536219 2024-03-02 2025-03-31 15536219 frs-core:CurrentFinancialInstruments 2025-03-31 15536219 frs-core:Non-currentFinancialInstruments 2025-03-31 15536219 frs-core:BetweenOneFiveYears 2025-03-31 15536219 frs-core:MoreThanFiveYears 2025-03-31 15536219 frs-core:PlantMachinery 2025-03-31 15536219 frs-core:PlantMachinery 2024-03-02 2025-03-31 15536219 frs-core:PlantMachinery 2024-03-01 15536219 frs-core:WithinOneYear 2025-03-31 15536219 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 15536219 frs-bus:CompanyLimitedByGuarantee 2024-03-02 2025-03-31 15536219 frs-bus:FilletedAccounts 2024-03-02 2025-03-31 15536219 frs-bus:SmallEntities 2024-03-02 2025-03-31 15536219 frs-bus:AuditExempt-NoAccountantsReport 2024-03-02 2025-03-31 15536219 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-02 2025-03-31 15536219 frs-bus:Director1 2024-03-02 2025-03-31 15536219 frs-bus:Director2 2024-03-02 2025-03-31 15536219 frs-bus:Director3 2024-03-02 2025-03-31 15536219 frs-countries:EnglandWales 2024-03-02 2025-03-31
Registered number: 15536219
Blankney Golf Club Limited
Unaudited Financial Statements
For the Period 2 March 2024 to 31 March 2025
Saul Fairholm Limited
12 Tentercroft Street
Lincoln
Lincolnshire
LN5 7DB
Blankney Golf Club Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
Blankney Golf Club Limited
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 15536219

| 31 March 2025
--- | ---
| Notes | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 114,343
|  |  | 114,343
CURRENT ASSETS
Stocks | 5 | 20,763 |
Debtors | 6 | 50,876 |
Cash at bank and in hand |  | 524,040 |
|  | 595,679 |
Creditors: Amounts Falling Due Within One Year | 7 | (459,104 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 136,575
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 250,918
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (110,790 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (1,453 )
NET ASSETS |  |  | 138,675
Income and Expenditure Account |  |  | 138,675
MEMBERS' FUNDS |  |  | 138,675

Page 1
Page 2
Blankney Golf Club Limited
Balance Sheet (continued)
As At 31 March 2025
For the period ending 31 March 2025 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

T S Bentley Director
17/09/2025

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Blankney Golf Club Limited
Notes to the Financial Statements
For the Period 2 March 2024 to 31 March 2025
Notes to the Financial Statements
1. General Information
Blankney Golf Club Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 15536219 . The registered office is Blankney Golf Club, Blankney, Lincoln, LN4 3AZ.
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:

Plant & Machinery | 5 years straight line

2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income and expenditure account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the income and expenditure account as incurred.
2.5. 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.
2.6. Financial Instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at transaction price and measured at amortised cost using the effective interest method. Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through profit and loss. All other investments are subsequently measured at cost less impairment.
Financial assets which are measured at cost or amortised cost are reviewed for objective evidence of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. All equity instruments, regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment.
Page 3
Page 4
Blankney Golf Club Limited
Notes to the Financial Statements (continued)
For the Period 2 March 2024 to 31 March 2025
2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable surplus. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable surplus will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable surplus will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in surplus or deficit for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.8. Pensions
The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.
2.9. Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2.10. Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.
2.11. Trade and other creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 22
22
Page 4
Page 5
Blankney Golf Club Limited
Notes to the Financial Statements (continued)
For the Period 2 March 2024 to 31 March 2025
4. Tangible Assets

| Plant & Machinery
--- | ---
| £
Cost
As at 2 March 2024 | -
Additions | 136,742
As at 31 March 2025 | 136,742
Depreciation
As at 2 March 2024 | -
Provided during the period | 22,399
As at 31 March 2025 | 22,399
Net Book Value
As at 31 March 2025 | 114,343
As at 2 March 2024 | -

5. Stocks

| 31 March 2025
--- | ---
| £
Stock | 20,763

6. Debtors

| 31 March 2025
--- | ---
| £
Due within one year
Other debtors | 50,876

7. Creditors: Amounts Falling Due Within One Year

| 31 March 2025
--- | ---
| £
Net obligations under finance lease and hire purchase contracts | 3,616
Trade creditors | 26,685
Other creditors | 415,904
Taxation and social security | 12,899
| 459,104

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

| 31 March 2025
--- | ---
| £
Net obligations under finance lease and hire purchase contracts | 20,790
Other loans | 90,000
| 110,790

Of the creditors falling due after more than one year the following amounts are due after more than five years.
Page 5
Page 6
Blankney Golf Club Limited
Notes to the Financial Statements (continued)
For the Period 2 March 2024 to 31 March 2025

| 31 March 2025
--- | ---
| £
Net obligations under finance lease and hire purchase contracts | 6,327

9. Secured Creditors
Of the creditors the following amounts are secured.

| 31 March 2025
--- | ---
| £
Net obligations under finance lease and hire purchase contracts | 24,406
Other Creditors | 90,000

10. Obligations Under Finance Leases and Hire Purchase

| 31 March 2025
--- | ---
| £
The future minimum finance lease payments are as follows:
Not later than one year | 3,616
Later than one year and not later than five years | 14,463
Later than five years | 6,327
| 24,406
| 24,406

11. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:

| 31 March 2025
--- | ---
| £
Not later than one year | 34,398
Later than one year and not later than five years | 109,506
| 143,904

12. 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. The company holds these funds within the deposit account of the company and as at 31st March 2025 an amount of £463 was set aside to cover the members contribution.
Page 6