Junkyard Golf Club (Newcastle) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 12355693 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Junkyard Golf Club (Newcastle) Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

L B Higginson

M Lake

J P Murphy

REGISTERED OFFICE:

M.01 Tomorrow

Blue

MediaCityUK

Salford

M50 2AB

REGISTERED NUMBER:

12355693 (England and Wales)

AUDITORS:

Sumer Auditco Limited

Fourth Floor

Unit 5B

The Parklands

Bolton

BL6 4SD

FIXED ASSETS

Tangible assets

4

591,933

643,374

CURRENT ASSETS

Stocks

16,466

12,274

Debtors

5

4,831

50,696

Prepayments and accrued income

98,173

83,354

Cash at bank

34,961

59,303

154,431

205,627

CREDITORS

Amounts falling due within one year

6

511,734

746,865

NET CURRENT LIABILITIES

(357,303

)

(541,238

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

234,630

102,136

PROVISIONS FOR LIABILITIES

67,071

28,138

NET ASSETS

167,559

73,998

CAPITAL AND RESERVES

Called up share capital

8

200

Retained earnings

167,359

73,798

SHAREHOLDERS' FUNDS

167,559

73,998

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 29 December 2025 and were signed on its behalf by:

L B Higginson - Director

M Lake - Director

J P Murphy - Director

1.	STATUTORY INFORMATION

Junkyard Golf Club (Newcastle) 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 statement 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. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover

Turnover is recognised when, and to the extent that, the company obtains the right to consideration. The point of recognition is after the service has been performed, when the risk and rewards associated with the goods/services have been transferred or in accordance with contractual terms. Turnover excludes 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.

Land and buildings

-

4% on cost

Plant and machinery etc

-

25% on reducing balance and 20% on cost

Property, plant and equipment are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

A full years depreciation is accounted for in the year of acquisition and none in the year of disposal.

Stocks

Stocks are stated at the lower of cost and estimated selling price, less costs to complete and sell. Cost comprises of direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Cost is calculated using the FIFO method.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price, less costs to complete and sell, is recognised as an impairment loss in the profit or loss. Reversals of impairment losses are also recognised in the profit or loss.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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

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.

Going concern

The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

The parent company and companies within the group have confirmed they will continue to support the company for a term no less than 12 months from the date of the accounts being signed.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2024 - 26 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 April 2024

366,662

516,007

882,669

Additions

-

1,209

At 31 March 2025

366,662

517,216

883,878

DEPRECIATION

At 1 April 2024

45,984

193,311

239,295

Charge for year

14,666

37,984

52,650

At 31 March 2025

60,650

231,295

291,945

NET BOOK VALUE

At 31 March 2025

306,012

285,921

591,933

At 31 March 2024

320,678

322,696

643,374

5.

DEBTORS

31.3.25

31.3.24

£

Amounts falling due within one year:

Trade debtors

4,207

50,072

Other debtors

544

4,751

50,616

Amounts falling due after more than one year:

Other debtors

80

Aggregate amounts

4,831

50,696

Included within other debtors is £544 (2024: £544) that was due from companies related through common directorship.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors

142,676

129,149

Amounts owed to group undertakings

162,501

512,613

Taxation and social security

89,017

88,383

Other creditors

117,540

16,720

511,734

746,865

7.	LEASING AGREEMENTS

Operating lease commitments - 2025 - £1,327,083 (2024 - £1,572,083)

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

10,000

Ordinary

0.01

100

10,000

B Ordinary

0.01

100

200

All shares were issued and fully paid on 9 December 2019.

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Nilesh Modhvadia (Senior Statutory Auditor)

for and on behalf of Sumer Auditco Limited

10.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

11.	PARENT COMPANY

The parent company of Junkyard Golf Club (Newcastle) Limited is Junkyard Golf Club Limited who prepare consolidated accounts.

The registered office of Junkyard Golf Club Limited is M.01 Tomorrow, Blue, Mediacityuk, England, M50 2AB.