IRIS Accounts Production v25.3.0.601 01600170 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 01600170 2024-03-31 01600170 2025-03-31 01600170 2024-04-01 2025-03-31 01600170 2023-03-31 01600170 2023-04-01 2024-03-31 01600170 2024-03-31 01600170 ns15:EnglandWales 2024-04-01 2025-03-31 01600170 ns14:PoundSterling 2024-04-01 2025-03-31 01600170 ns10:Director1 2024-04-01 2025-03-31 01600170 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 01600170 ns10:SmallEntities 2024-04-01 2025-03-31 01600170 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 01600170 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 01600170 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 01600170 ns10:FullAccounts 2024-04-01 2025-03-31 01600170 ns10:Director2 2024-04-01 2025-03-31 01600170 ns10:Director3 2024-04-01 2025-03-31 01600170 ns10:RegisteredOffice 2024-04-01 2025-03-31 01600170 ns5:CurrentFinancialInstruments 2025-03-31 01600170 ns5:CurrentFinancialInstruments 2024-03-31 01600170 ns5:Non-currentFinancialInstruments 2025-03-31 01600170 ns5:Non-currentFinancialInstruments 2024-03-31 01600170 ns5:ShareCapital 2025-03-31 01600170 ns5:ShareCapital 2024-03-31 01600170 ns5:SharePremium 2025-03-31 01600170 ns5:SharePremium 2024-03-31 01600170 ns5:RevaluationReserve 2025-03-31 01600170 ns5:RevaluationReserve 2024-03-31 01600170 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 01600170 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 01600170 ns5:LandBuildings 2024-03-31 01600170 ns5:LeaseholdImprovements 2024-03-31 01600170 ns5:PlantMachinery 2024-03-31 01600170 ns5:FurnitureFittings 2024-03-31 01600170 ns5:LandBuildings 2024-04-01 2025-03-31 01600170 ns5:LeaseholdImprovements 2024-04-01 2025-03-31 01600170 ns5:PlantMachinery 2024-04-01 2025-03-31 01600170 ns5:FurnitureFittings 2024-04-01 2025-03-31 01600170 ns5:LandBuildings 2025-03-31 01600170 ns5:LeaseholdImprovements 2025-03-31 01600170 ns5:PlantMachinery 2025-03-31 01600170 ns5:FurnitureFittings 2025-03-31 01600170 ns5:LandBuildings 2024-03-31 01600170 ns5:LeaseholdImprovements 2024-03-31 01600170 ns5:PlantMachinery 2024-03-31 01600170 ns5:FurnitureFittings 2024-03-31 01600170 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2024-03-31 01600170 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2024-04-01 2025-03-31 01600170 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2025-03-31 01600170 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2024-03-31 01600170 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 01600170 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 01600170 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2025-03-31 01600170 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2024-03-31 01600170 ns5:Secured 2025-03-31 01600170 ns5:Secured 2024-03-31 01600170 ns5:RevaluationReserve 2024-03-31

REGISTERED NUMBER: 01600170 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MARCH 2025 |

| FOR |

| HINCKLEY GOLF CLUB LIMITED |

HINCKLEY GOLF CLUB LIMITED (REGISTERED NUMBER: 01600170) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| HINCKLEY GOLF CLUB LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTORS: | Barry Ayre

| Stephen White

| Andrew Quinton Bestwick

| REGISTERED OFFICE: | Leicester Road

| Hinckley

| Leicestershire

| LE10 3DR

| REGISTERED NUMBER: | 01600170 (England and Wales)

| ACCOUNTANTS: | Armstrongs

| Chartered Accountants

| 25 Station Road

| Hinckley

| Leicestershire

| LE10 1AP

HINCKLEY GOLF CLUB LIMITED (REGISTERED NUMBER: 01600170) |

BALANCE SHEET

31 MARCH 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 1,467,683 |  | 1,306,820 |  |

CURRENT ASSETS

Debtors | 5 | 55,383 |  | 47,589 |  |

Cash at bank and in hand | 678,210 |  | 671,342 |  |

733,593 |  | 718,931 |  |

CREDITORS

Amounts falling due within one year | 6 | 974,777 |  | 818,030 |  |

NET CURRENT LIABILITIES | (241,184 | ) | (99,099 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,226,499 |  | 1,207,721 |  |

CREDITORS

Amounts falling due after more than one year | 7 | 7,341 |  | 40,270 |  |

NET ASSETS | 1,219,158 |  | 1,167,451 |  |

CAPITAL AND RESERVES

Called up share capital | 703,836 |  | 703,836 |  |

Share premium | 72,663 |  | 72,663 |  |

Revaluation reserve | 9 | - |  | 117,484 |  |

Retained earnings | 442,659 |  | 273,468 |  |

SHAREHOLDERS' FUNDS | 1,219,158 |  | 1,167,451 |  |

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 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.

HINCKLEY GOLF CLUB LIMITED (REGISTERED NUMBER: 01600170) |

BALANCE SHEET - continued

31 MARCH 2025

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 25 February 2026 and were signed on its behalf by:

Andrew Quinton Bestwick - Director

HINCKLEY GOLF CLUB LIMITED (REGISTERED NUMBER: 01600170) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| Hinckley 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.

| As the Club's subscription year does coincide with the accounting year there is an adjustment for subscriptions received in advance. The relevant portion of the subscriptions received in the current accounting year but relating to the following accounting year are carried forward.

| Turnover

| Turnover represents subscriptions, retail sales and course fees, excluding value added tax.

| Tangible fixed assets

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

| useful life,

| Improvements to property - 2% to 10% on cost Mowers and tractors - 25% on reducing balance

| Fixtures and fittings - 10% to 20% on cost

| No depreciation is provided on freehold land. The freehold property is not depreciated where the Directors are of the opinion that the buildings concerned are currently sufficiently well maintained to ensure that the residual values of such properties, which are appraised on the basis of prices prevailing at the times of acquisition or subsequent valuation, are not less than the carrying values and accordingly annual depreciation would not be material to the financial statements. Carrying values are reviewed for impairment annually.

| 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.

HINCKLEY GOLF CLUB LIMITED (REGISTERED NUMBER: 01600170) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

2. | ACCOUNTING POLICIES - continued

| 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 profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| 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 12 (2024 - 11 ) .

4. | TANGIBLE FIXED ASSETS

| Improvements |  | Mowers |  | Fixtures |

| Freehold |  | to |  | and |  | and |

| property |  | property |  | tractors |  | fittings |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 April 2024 | 1,088,944 |  | 351,831 |  | 300,517 |  | 440,910 |  | 2,182,202 |  |

| Additions | - |  | - |  | 230,840 |  | 16,094 |  | 246,934 |  |

| Disposals | - |  | - |  | (58,958 | ) | (3,221 | ) | (62,179 | ) |

| At 31 March 2025 | 1,088,944 |  | 351,831 |  | 472,399 |  | 453,783 |  | 2,366,957 |  |

| DEPRECIATION

| At 1 April 2024 | - |  | 206,804 |  | 240,804 |  | 427,774 |  | 875,382 |  |

| Charge for year | - |  | 14,105 |  | 60,103 |  | 6,657 |  | 80,865 |  |

| Eliminated on disposal | - |  | - |  | (53,752 | ) | (3,221 | ) | (56,973 | ) |

| At 31 March 2025 | - |  | 220,909 |  | 247,155 |  | 431,210 |  | 899,274 |  |

| NET BOOK VALUE

| At 31 March 2025 | 1,088,944 |  | 130,922 |  | 225,244 |  | 22,573 |  | 1,467,683 |  |

| At 31 March 2024 | 1,088,944 |  | 145,027 |  | 59,713 |  | 13,136 |  | 1,306,820 |  |

| Freehold property was revalued many years ago.

| The value has been adopted as deemed cost of the assets concerned on transition to FRS102.

HINCKLEY GOLF CLUB LIMITED (REGISTERED NUMBER: 01600170) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

4. | TANGIBLE FIXED ASSETS - continued

| Fixed assets, included in the above, which are held under finance leases are as follows:

| Mowers

| and

| tractors

£ |

| COST

| At 1 April 2024

| and 31 March 2025 | 41,819 |  |

| DEPRECIATION

| At 1 April 2024 | 15,928 |  |

| Charge for year | 6,473 |  |

| At 31 March 2025 | 22,401 |  |

| NET BOOK VALUE

| At 31 March 2025 | 19,418 |  |

| At 31 March 2024 | 25,891 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 11,401 |  | 17,241 |  |

| Prepayments and accrued income | 43,982 |  | 30,348 |  |

55,383 |  | 47,589 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 24,813 |  | 67,622 |  |

| Finance leases | 6,293 |  | 6,293 |  |

| Trade creditors | 98,687 |  | 87,013 |  |

| Corporation tax | 4,378 |  | 4,104 |  |

| Social security and other taxes | 5,298 |  | 4,719 |  |

| Accruals and deferred income | 835,308 |  | 648,279 |  |

974,777 |  | 818,030 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans - 1-5 years | - |  | 26,636 |  |

| Finance leases | 7,341 |  | 13,634 |  |

7,341 |  | 40,270 |  |

HINCKLEY GOLF CLUB LIMITED (REGISTERED NUMBER: 01600170) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

8. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank loans | 24,813 |  | 94,258 |  |

9. | RESERVES

| Revaluation

| reserve

£ |

| At 1 April 2024 | 117,484 |  |

| Transfer | (117,484 | ) |

| At 31 March 2025 | - |  |

| The balance of the revaluation reserve has been transferred to the profit and loss reserve following a review of the nature and substance of the historic revaluation reserve balance.

10. | VALUE ADDED TAX

| The Club has partial exemption status associated with its income and hence its recovery of input VAT on costs and purchases is not all reclaimable. The irrecoverable proportion is shown separately as a cost in the detailed Trading and Profit and Loss Account.