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Registration number: 11145649

Rothley Park Golf Club Ltd
trading as Rothley Park Golf Club
(A company limited by guarantee)
Unaudited Filleted Financial Statements
for the Year Ended 31 March 2025

Rothley Park Golf Club Ltd
trading as Rothley Park Golf Club

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 10

Rothley Park Golf Club Ltd
trading as Rothley Park Golf Club

Company Information

Directors | A. J. Dorn D. M. Hastings D. J. Lowe R. W. Laurie S. Green C. E. Simpson

Registered office | Rothley Park Golf Club Westfield Lane Rothley Leicestershire LE7 7LH

Rothley Park Golf Club Ltd
trading as Rothley Park Golf Club

(Registration number: 11145649)
Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 576,640 | 482,856
Investments | 5 | 360 | 360
|  | 577,000 | 483,216
Current assets |  |  |
Stocks | 6 | 21,849 | 19,638
Debtors | 7 | 21,973 | 49,188
Cash at bank and in hand |  | 708,629 | 710,982
|  | 752,451 | 779,808
Creditors: Amounts falling due within one year | 8 | (463,641) | (474,311)
Net current assets |  | 288,810 | 305,497
Total assets less current liabilities |  | 865,810 | 788,713
Creditors: Amounts falling due after more than one year | 8 | (118,347) | (91,512)
Net assets |  | 747,463 | 697,201
Reserves |  |  |
Other reserves |  | 569,474 | 569,474
Retained earnings |  | 177,989 | 127,727
Surplus |  | 747,463 | 697,201

Rothley Park Golf Club Ltd
trading as Rothley Park Golf Club

(Registration number: 11145649)
Balance Sheet as at 31 March 2025

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 4 December 2025 and signed on its behalf by:

......................................... D. M. Hastings Director

Rothley Park Golf Club Ltd
trading as Rothley Park Golf Club

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1 | General information

The company is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

The address of its registered office is:
Rothley Park Golf Club
Westfield Lane
Rothley
Leicestershire
LE7 7LH

These financial statements were authorised for issue by the Board on 4 December 2025.

2 | 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 except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises members' club subscriptions receivable and other golfing and ancillary income receivable from members and visitors, which is recognised on provision of services. Members' joining fees are recognised on receipt and ongoing membership fees are received in advance and released to the profit and loss account over the relevant period.

Rothley Park Golf Club Ltd
trading as Rothley Park Golf Club

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Leasehold land | Not depreciated
Clubhouse improvements | 10% straight line
Course buildings | 5% straight line
Fixtures, fittings and heavy plant | 15% straight line
Course equipment | 20% straight line
Irrigation system | 5% straight line

Investments

Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

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 initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the debtors.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method. Cost is the actual purchase cost including, where appropriate, inwards carriage. Selling price is the price at which the stock can be realised in the normal course of business. Provision is made for slow moving stocks.

Rothley Park Golf Club Ltd
trading as Rothley Park Golf Club

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

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 classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the useful life of the asset. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 28 (2024 - 23).

Rothley Park Golf Club Ltd
trading as Rothley Park Golf Club

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4 | Tangible assets

| Land and buildings £ | Fixtures, fittings and heavy plant £ | Course equipment and irrigation system £ | Total £
Cost or valuation
At 1 April 2024 | 742,225 | 101,510 | 908,801 | 1,752,536
Additions | 29,395 | 18,509 | 127,353 | 175,257
At 31 March 2025 | 771,620 | 120,019 | 1,036,154 | 1,927,793
Depreciation
At 1 April 2024 | 439,769 | 76,758 | 753,153 | 1,269,680
Charge for the year | 16,435 | 7,024 | 58,014 | 81,473
At 31 March 2025 | 456,204 | 83,782 | 811,167 | 1,351,153
Carrying amount
At 31 March 2025 | 315,416 | 36,237 | 224,987 | 576,640
At 31 March 2024 | 302,456 | 24,752 | 155,648 | 482,856

Included within the net book value of land and buildings above is £86,451 (2024 - £102,886) in respect of freehold land and buildings and £228,965 (2024 - £199,570) in respect of long leasehold land and buildings.

Rothley Park Golf Club Ltd
trading as Rothley Park Golf Club

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

5 | Investments

| 2025 £ | 2024 £
Investments in subsidiaries | 360 | 360

Subsidiaries | £
Cost or valuation
Additions | 360
At 31 March 2025 | 360
Carrying amount
At 31 March 2025 | 360
At 31 March 2024 | 360

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking | Registered office | Holding | Proportion of voting rights and shares held
|  |  | 2025 | 2024

Subsidiary undertakings
Rothley Park Golf Course Company Limited | Westfield Lane, Rothley, Leicester, LE7 7LH | Ordinary | 100% | 100%

The principal activity of Rothley Park Golf Course Company Limited is to hold the deeds of the land for the club.

The profit for the financial period of Rothley Park Golf Course Company Limited was £- and the aggregate amount of capital and reserves at the end of the period was £1.

Rothley Park Golf Club Ltd
trading as Rothley Park Golf Club

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6 | Stocks

| 2025 £ | 2024 £
Stock for usage | 21,849 | 19,638

7 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 14,196 | 1,966
Other debtors | 7,777 | 47,222
| 21,973 | 49,188

8 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 65,932 | 81,986
Taxation and social security | 16,062 | -
Accruals and deferred income | 273,832 | 259,498
Other creditors | 107,815 | 132,827
| 463,641 | 474,311

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 9 | 118,347 | 91,512

Creditors include net obligations under hire purchase contracts which are secured of £40,935 (2024 - £nil).

Rothley Park Golf Club Ltd
trading as Rothley Park Golf Club

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

9 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Hire purchase contracts | 40,935 | -
Members' loans | 77,412 | 91,512
| 118,347 | 91,512