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Company Registration No. SC018111 (Scotland)
Newbattle Golf Club Limited Filleted accounts for the year ended 31 December 2024
Newbattle Golf Club Limited Company Information for the year ended 31 December 2024
Directors
James Alexander Bunce Douglas Dey Cramond Ian Brown Sneddon Stevie Myatt Barbara Hamilton
Company Number
SC018111 (Scotland)
Registered Office
Newbattle Golf Club Ltd 32 The Club House Abbey Road Dalkeith EH22 3AD Scotland
Accountants
Lacey Accounting 93A Ocean Drive Edinburgh EH6 6BW
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Accountants' report to the board of directors on the preparation of the unaudited statutory statements of Newbattle Golf Club Limited (The Company) for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of the company for the year ended 31 December 2024 which comprises of the profit and loss account, the balance sheet, and explanatory notes from the company's accounting records and from information and explanations which you have provided us with.
As a member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations.
This report is made solely to the board of directors of the company, as a body, in accordance with the terms of our letter of engagement dated 20 November 2024. Our work has been undertaken solely to prepare for your approval the financial statements of the company, and state those matters that we have agreed to state to the board of directors of the company as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its board of directors as a body for our work or for this report.
It is your duty to ensure that the company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and financial performance of the company. You consider that the company is exempt from the requirement to have a statutory audit for the year ended 31 December 2024.
We have not been instructed to carry out any assurance service on the financial statements of the company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Lacey Accounting Financial Accountants 93A Ocean Drive Edinburgh EH6 6BW 31 December 2025
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Newbattle Golf Club Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
902,047 
975,378 
Current assets
Inventories
7,301 
7,178 
Debtors
18,650 
21,885 
Cash at bank and in hand
29,457 
106,310 
55,408 
135,373 
Creditors: amounts falling due within one year
(190,818)
(257,603)
Net current liabilities
(135,410)
(122,230)
Total assets less current liabilities
766,637 
853,148 
Creditors: amounts falling due after more than one year
(12,758)
(40,333)
Net assets
753,879 
812,815 
Capital and reserves
Revaluation reserve
462,123 
462,123 
Profit and loss account
291,756 
350,692 
Shareholders' funds
753,879 
812,815 
For the year ending 31 December 2024 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 December 2025 and were signed on its behalf by
Stevie Myatt Director Company Registration No. SC018111
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Newbattle Golf Club Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Newbattle Golf Club Limited is a private company, limited by shares, registered in Scotland, registration number SC018111. The registered office is Newbattle Golf Club Ltd, 32 The Club House, Abbey Road, Dalkeith, EH22 3AD, Scotland.
2
Compliance with accounting standards
Basis of Preparation The accounts have been prepared under the historical cost convention and in accordance with FRS 102. The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard). Stocks Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the “First In First Out” method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. 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. 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 measures at amortised cost determined using the effective interest method.
3
Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible Fixed Assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant & machinery
10 to 20 years
Fixtures & fittings
4 to 10 years
Computer equipment
10 Years
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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Newbattle Golf Club Limited Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 January 2024
1,746,147 
Additions
1,563 
At 31 December 2024
1,747,710 
Depreciation
At 1 January 2024
770,769 
Charge for the year
74,894 
At 31 December 2024
845,663 
Net book value
At 31 December 2024
902,047 
At 31 December 2023
975,378 
The Land and Buildings is represented at valuation. The valuation of the course at 31 December 2023 is represented by: “The Land and Buildings was revalued on an open market basis on 25 November 2013 by J & E Shepherd, Chartered Surveyors”. The directors have assessed the value of the building and believe the valuation amount still reflects the market value. No depreciation has been charged on the revalued amount as the asset continues to be held at market value. There is an additional entry in the Depreciation Charge in respect of incorrect calculations in the Reported Accounts of Year Ending 31 December 2023.
5
Average number of employees
During the year the average number of employees was 11 (2023: 17).
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