Kenilworth Golf Club Limited 31/12/2025 iXBRL

Company registration number: 00319269

Kenilworth Golf Club Limited

Company limited by guarantee

Unaudited filleted financial statements

31 December 2025

Kenilworth Golf Club Limited

Company limited by guarantee

Contents

Accountants report

Statement of financial position

Notes to the financial statements

Kenilworth Golf Club Limited

Company limited by guarantee

Report to the board of directors on the preparation of the

unaudited statutory financial statements of Kenilworth Golf Club Limited

Year ended 31 December 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Kenilworth Golf Club Limited for the year ended 31 December 2025 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.

This report is made solely to the board of directors of Kenilworth Golf Club Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Kenilworth Golf Club Limited and state those matters that we have agreed to state to the board of directors of Kenilworth Golf Club Limited as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Kenilworth Golf Club Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that Kenilworth Golf Club Limited 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 profit of Kenilworth Golf Club Limited. You consider that Kenilworth Golf Club Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Kenilworth Golf Club Limited. 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.

Parkinson and Partners

ACCA

Mobbs Wood Farm

Brinklow Road

Ansty

Coventry

CV7 9JN

20 April 2026

Kenilworth Golf Club Limited

Company limited by guarantee

Statement of financial position

31 December 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	6	914,755		958,211
		_______		_______
			914,755		958,211

Current assets
Stocks		10,782		9,931
Debtors	7	171,424		185,631
Cash at bank and in hand		314,158		103,208
		_______		_______
		496,364		298,770
Creditors: amounts falling due
within one year	8	( 633,341)		( 592,696)
		_______		_______
Net current liabilities			( 136,977)		( 293,926)
			_______		_______
Total assets less current liabilities			777,778		664,285

Creditors: amounts falling due
after more than one year	9		( 138,960)		( 189,836)
			_______		_______
Net assets			638,818		474,449
			_______		_______

Capital and reserves
Profit and loss account			638,818		474,449
			_______		_______
Members funds			638,818		474,449
			_______		_______

For the year ending 31 December 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 financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 20 April 2026 , and are signed on behalf of the board by:

M. Sparrow

Director

Company registration number: 00319269

Kenilworth Golf Club Limited

Company limited by guarantee

Notes to the financial statements

Year ended 31 December 2025

1. General information

The company is a private company limited by guarantee, registered in England. The address of the registered office is Kenilworth Golf Club Limited, Crewe Lane, Kenilworth, CV8 2EA.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Freehold property	-	2.5 - 10%	reducing balance
Plant and machinery	-	20 - 50%	reducing balance
Leased Equipment		Over the term of the lease
Fittings fixtures and equipment	-	5 - 50%	reducing balance
Automatic Watering System	-	5 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Hire purchase and finance leases

Assets held under finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Limited by guarantee

The Company is limited by guarantee. In the event of the company being wound up every member guarantees, if required, to contribute to the assets of the company. This includes all current members of the Club, plus all person's who have ceased to be members of the Club, for a period of one year from the date they ceased to be a member. Each individual member guarantees an amount not exceeding 50%, of the annual subscripton applicable to the highest category of Membership held by that Member in the twelve months preceding any winding up, disregarding any discounts.

5. Employee numbers

The average number of persons employed by the company during the year amounted to 26 (2024: 26 ).

6. Tangible assets

	Freehold property	Plant and machinery	Fixtures, fittings and equipment	Automatic Watering System	Total
	£	£	£	£	£
Cost
At 1 January 2025	1,021,672	959,543	468,968	215,788	2,665,971
Additions	37,613	13,286	19,790	-	70,689
Disposals	-	-	( 4,932)	-	( 4,932)
	_______	_______	_______	_______	_______
At 31 December 2025	1,059,285	972,829	483,826	215,788	2,731,728
	_______	_______	_______	_______	_______
Depreciation
At 1 January 2025	404,804	661,103	426,066	215,788	1,707,761
Charge for the year	24,759	58,203	30,615	-	113,577
Disposals	-	-	( 4,365)	-	( 4,365)
	_______	_______	_______	_______	_______
At 31 December 2025	429,563	719,306	452,316	215,788	1,816,973
	_______	_______	_______	_______	_______
Carrying amount
At 31 December 2025	629,722	253,523	31,510	-	914,755
	_______	_______	_______	_______	_______
At 31 December 2024	616,868	298,440	42,902	-	958,211
	_______	_______	_______	_______	_______

7. Debtors

	2025	2024
	£	£
Trade debtors	144,120	154,607
Other debtors	27,304	31,024
	_______	_______
	171,424	185,631
	_______	_______

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Members Loans	10,720	10,720
Mortgage - The Bungalow	35,000	35,000
Lloyds Business Interruption Loan	20,000	20,000
Trade creditors	39,727	34,299
Corporation tax	5,436	3,423
Social security and other taxes	25,032	28,946
Subscriptions in Advance	362,473	326,427
Bar Levy Account	38,295	36,536
Other creditors	96,658	97,345
	_______	_______
	633,341	592,696
	_______	_______

The Lloyds business interruption loan is secured by a debenture dated 26.02.2021 and contains a fixed and floating charge over the assets of the company. The loan was taken out on 29.03.2021 for a period of 6 years with no repayments or interest for the first 12 months. The interest rate payable after the first 12 months on the loan is 2.58%.

Included in other creditors are hire purchase creditors amounting to £30,876 (2024 £37,139). The outstanding amount is secured on the assets, subject to the hire purchase agreement.

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	5,000	25,000
Other creditors	133,960	164,836
	_______	_______
	138,960	189,836
	_______	_______

The Lloyds business interruption loan is secured by a debtenture dated 26.03.2021 and contains a fixed and floating charge over the assets of the company. The loan was taken out on 29.03.2021 for a period of 6 years with no repayments or interest for the first 12 months. The interest rate payable after the first 12 months on the loan is 2.58%.

Included in other creditors are hire purchase creditors amounting to £133,960 (2024 £164,836). The outstanding amount is secured on the assets, subject to the hire purchase agreement.

Included within creditors: amounts falling due after more than one year is an amount of £ - (2024 £ 34,174 ) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date.

10. Obligations under finance leases

Company lessee

The total future minimum lease payments under finance lease agreements are as follows:

	2025	2024
	£	£
Not later than 1 year	30,876	37,139
Later than 1 year and not later than 5 years	133,960	130,662
Later than 5 years	-	34,174
	_______	_______
	164,836	201,975
	_______	_______
Present value of minimum lease payments	164,836	201,975
	_______	_______

11. Capital commitments

Capital expenditure contracted for but not provided for in the financial statements is as follows:

	2025	2024
	£	£
Tangible assets	59,967	-
	_______	_______

An agreement was signed by the company in December 2025 for the delivery of a Toro Mower which was delivered in January 2026.

12. Operating leases

The company as lessee

The total future minimum lease payments under non-cancellable operating leases are as follows:


	£	£

Not later than 1 year	11,551	9,956
Later than 1 year and not later than 5 years	20,538	17,583
	_______	_______
	32,089	27,539
	_______	_______

13. Related party transactions

During the financial year Paul Hone a director of the company made a donation to the company of £28,000.