REGISTERED NUMBER: 00170944 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

SANDIWAY GOLF CLUB,LIMITED(THE)

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M S Walker

J Johnson

J S Kell

I Philps

D L Hanratty

J E Colquitt

S Caldwell

E A Halliwell

T Hardwick

A O'Neil

SECRETARY:

R E Kilshaw

REGISTERED OFFICE:

Chester Road

Sandiway

Northwich

Cheshire

CW8 2DJ

REGISTERED NUMBER:

00170944 (England and Wales)

ACCOUNTANTS:

Murray Smith LLP

Chartered Accountants

Darland House

44 Winnington Hill

Northwich

Cheshire

CW8 1AU

FIXED ASSETS

Tangible assets

4

938,670

926,559

CURRENT ASSETS

Stocks

5

9,433

8,194

Debtors

6

92,426

48,585

Cash at bank and in hand

951,337

1,040,810

1,053,196

1,097,589

CREDITORS

Amounts falling due within one year

7

850,806

751,804

NET CURRENT ASSETS

202,390

345,785

TOTAL ASSETS LESS CURRENT LIABILITIES

1,141,060

1,272,344

CREDITORS

Amounts falling due after more than one year

8

16,545

16,175

NET ASSETS

1,124,515

1,256,169

CAPITAL AND RESERVES

Called up share capital

9

592

693

Capital reserve

284

230

Profit and loss account

1,123,639

1,255,246

SHAREHOLDERS' FUNDS

1,124,515

1,256,169

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 17 April 2026 and were signed on its behalf by:

I Philps - Director

1.	STATUTORY INFORMATION

Sandiway Golf Club,Limited(The) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements 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.

Turnover

Income represents the value of services and accrued income provided during the period, excluding value added tax.

Tangible fixed assets

Depreciation is charged so as to write off the full cost of the assets less their estimated residual values over their expected useful lives at the following rates

Land and buildings

Car parks

3% straight line basis

Buildings

2% straight line basis

Course improvements - land

0% depreciation

Machinery and plant

Greens equipment with replacement policy of:

- 5 years

20% straight line basis

- 6/7 years

15% straight line basis

- over 8 years

10% straight line basis

Other equipment

Kitchen equipment

25% straight line basis

Fixtures and fittings

20% reducing balance basis

Clubhouse equipment

20% straight line basis

Water mains

5% straight line basis

Motor vehicles

20% straight line basis

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

It has been agreed with HM Revenue and Customs that the Club's operations are run on a no profit no loss basis and, accordingly, corporation tax is only due on interest received.

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 the business.

Trade debtors are recognised initially at the transaction price. 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 receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable 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.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on the present value basis.

Government grants

Grants are included in the profit and loss account on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown on the balance sheet. Where income is received in advance of meeting any performance-related conditions there is not unconditional entitlement to the income and its recognition is deferred and included in creditors as deferred income until the performance-related conditions are met. Where entitlement occurs before income is received, the income is accrued.

Provisions

Provisions are recognised when the company has a present legal or constructive obligation as a result of past events; it is probable that an outflow of resources will be required to settle the obligation; and the amount has been reliably estimated. Provisions are not recognised for future operating losses. Provisions are measured at the present value of management's best estimate of the expenditure required to settle the present obligation at the end of the reporting period, and are discounted to present value where the effect is material.

Employee benefits

(a) Wages and salaries and annual leave

Liabilities for wages and salaries and annual leave are recognised and are measured as the amount unpaid at the reporting date at current pay rates in respect of employees' services up to that date. They are expected to be settled within one year.

(b) Pensions

The company operates a defined contribution pension scheme. The amount charged to the profit and loss account in respect of pension costs and the post-retirement benefits is the contributions payable in the year. Differences between contributions payable in the year and contributions actually paid are shown as either accruals or prepayments in the balance sheet.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 29 (2024 - 25 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Course

land

Car Parks

Buildings

Improvements

£

£

£

£

COST

At 1 January 2025

171,628

23,697

694,583

485,777

Additions

-

42,958

-

-

Disposals

-

-

-

-

At 31 December 2025

171,628

66,655

694,583

485,777

DEPRECIATION

At 1 January 2025

-

21,528

551,983

192,633

Charge for year

-

711

9,634

-

Eliminated on disposal

-

-

-

-

At 31 December 2025

-

22,239

561,617

192,633

NET BOOK VALUE

At 31 December 2025

171,628

44,416

132,966

293,144

At 31 December 2024

171,628

2,169

142,600

293,144

Green

Other

Motor

equipment

equipment

vehicles

Totals

£

£

£

£

COST

At 1 January 2025

906,641

570,128

-

2,852,454

Additions

11,721

68,626

13,704

137,009

Disposals

(4,000

)

-

-

(4,000

)

At 31 December 2025

914,362

638,754

13,704

2,985,463

DEPRECIATION

At 1 January 2025

642,463

517,288

-

1,925,895

Charge for year

93,512

18,839

2,035

124,731

Eliminated on disposal

(3,833

)

-

-

(3,833

)

At 31 December 2025

732,142

536,127

2,035

2,046,793

NET BOOK VALUE

At 31 December 2025

182,220

102,627

11,669

938,670

At 31 December 2024

264,178

52,840

-

926,559

5.

STOCKS

2025

2024

£

£

Stocks

9,433

8,194

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Other debtors

34,481

6,862

Prepayments

39,391

30,698

Accrued entrance fees due within 1 year

12,854

9,225

86,726

46,785

Amounts falling due after more than one year:

Accrued entrance fees due

within 2-5 years

5,700

1,800

5,700

1,800

Aggregate amounts

92,426

48,585

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Subscriptions in advance

594,606

551,469

Corporation tax

4,175

5,318

Social security and other taxes

20,178

26,641

Sundry creditors

114,242

81,947

Accruals and deferred income

117,605

86,429

850,806

751,804

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Members' loans

16,545

16,175

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

592

Ordinary

£1.00

592

693

The table above shows the number of members with allocated share capital at the close of each financial year. The decline observed from 2024 to 2025 is attributable to changes in member status during this period.

10.	RELATED PARTY DISCLOSURES

The company is controlled by the Members of the Club who are all shareholders.