REGISTERED NUMBER: 00998420 (England and Wales)

ROMSEY GOLF CLUB LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M S Cole

K M Squibb

S P Marsh-Collis

Mrs L Pugh

M Stevens

SECRETARY:

M S Cole

REGISTERED OFFICE:

Romsey Road

Nursling

Southampton

Hampshire

SO16 0XW

REGISTERED NUMBER:

00998420 (England and Wales)

AUDITORS:

Hopper Williams & Bell Limited

Statutory Auditor

Highland House

Mayflower Close

Chandler's Ford

Eastleigh

Hampshire

SO53 4AR

FIXED ASSETS

Tangible assets

4

295,950

146,172

CURRENT ASSETS

Stocks

16,417

20,299

Debtors

5

55,686

50,037

Cash at bank and in hand

315,317

368,471

387,420

438,807

CREDITORS

Amounts falling due within one year

6

(406,165

)

(413,898

)

NET CURRENT (LIABILITIES)/ASSETS

(18,745

)

24,909

TOTAL ASSETS LESS CURRENT LIABILITIES

277,205

171,081

CREDITORS

Amounts falling due after more than one year

7

(160,617

)

(21,429

)

PROVISIONS FOR LIABILITIES

(10,045

)

(3,446

)

NET ASSETS

106,543

146,206

RESERVES

Income and expenditure account

106,543

146,206

106,543

146,206

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 15 January 2026 and were signed on its behalf by:

M S Cole - Director

1.	STATUTORY INFORMATION

Romsey Golf Club Limited is a private company, limited by guarantee , 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 FRS 102 "The Financial Reporting Standards applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies' regime.

The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

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 £1.

The financial statements have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Membership subscriptions, green fee, facility hire, and event income are accounted for on an accruals basis.

Tangible fixed assets

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

Leasehold property

-

Straight line over 10 years and Over the length of the lease

Plant and machinery

-

Straight line over 10 years and Over the length of the lease

Fixtures and fittings

-

Straight line over 4 years and Over the length of the lease

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is recognised in the income statement.

Stocks

Stocks are valued at the lower of cost and selling price less costs to sell, after making due allowance for obsolete and slow moving items.

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 and deferred taxation assets and liabilities are not discounted.

Current and deferred 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.

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.

Financial assets

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial assets are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other receivables and cash and bank balances are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Financial liabilities

Basic financial liabilities, which include trade and other payables, are initially measured at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2024 - 27 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Leasehold

Plant and

and

property

machinery

fittings

Totals

£

£

£

£

COST

At 1 October 2024

561,863

394,522

173,075

1,129,460

Additions

9,350

180,744

-

190,094

Disposals

-

(48,232

)

(3,710

)

(51,942

)

At 30 September 2025

571,213

527,034

169,365

1,267,612

DEPRECIATION

At 1 October 2024

497,819

370,946

114,523

983,288

Charge for year

11,866

12,050

16,400

40,316

Eliminated on disposal

-

(48,232

)

(3,710

)

(51,942

)

At 30 September 2025

509,685

334,764

127,213

971,662

NET BOOK VALUE

At 30 September 2025

61,528

192,270

42,152

295,950

At 30 September 2024

64,044

23,576

58,552

146,172

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

12,828

15,952

Other debtors

42,858

34,085

55,686

50,037

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans

8,772

10,000

Hire purchase contracts (see note 8)

36,149

-

Trade creditors

38,022

32,342

Taxation and social security

22,121

16,735

Other creditors

301,101

354,821

406,165

413,898

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

9,076

Hire purchase contracts (see note 8)

131,867

-

Other creditors

28,750

12,353

160,617

21,429

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

36,149

-

Between one and five years

131,867

-

168,016

-

Non-cancellable

operating leases

2025

2024

£

£

Within one year

40,358

40,358

Between one and five years

157,783

159,032

In more than five years

9,777

48,885

207,918

248,275

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

168,016

-

Liabilities under hire purchase are secured on the assets to which they relate.

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

The Report of the Auditors was unqualified.

James Flood FCA (Senior Statutory Auditor)

for and on behalf of Hopper Williams & Bell Limited

11.

CAPITAL

The company is incorporated as a company limited by guarantee and not having share capital. Every member of the Club undertakes to contribute to the assets in the event of the same being wound up during the time he/she is a member or within one year afterwards, for the payment of debts and liabilities of the Club contracted before the time he/she ceases to be a member, and the cost, charges and expenses of winding up of the same, and for the adjustment of the rights of the contributories amongst themselves, such as may be required not exceeding £10.