1 October 2024 v2025.82.1 limited_company_frs_102_section_1a_v1_1_3 companies_house Software false true true true No description of principal activity false true xbrli:pure xbrli:shares iso4217:GBP 11974106 2024-10-01 2025-09-30 11974106 2025-09-30 11974106 2024-09-30 11974106 core:WithinOneYear 2025-09-30 11974106 core:WithinOneYear 2024-09-30 11974106 core:AfterOneYear 2025-09-30 11974106 core:RetainedEarningsAccumulatedLosses 2025-09-30 11974106 core:RetainedEarningsAccumulatedLosses 2024-09-30 11974106 bus:Director1 2024-10-01 2025-09-30 11974106 bus:RegisteredOffice 2024-10-01 2025-09-30 11974106 core:LandBuildings 2024-10-01 2025-09-30 11974106 core:PlantMachinery 2024-10-01 2025-09-30 11974106 core:OfficeEquipment 2024-10-01 2025-09-30 11974106 core:FurnitureFittingsToolsEquipment 2024-10-01 2025-09-30 11974106 2023-10-01 2024-09-30 11974106 core:LandBuildings 2024-10-01 11974106 core:PlantMachinery 2024-10-01 11974106 2024-10-01 11974106 core:LandBuildings 2025-09-30 11974106 core:PlantMachinery 2025-09-30 11974106 core:LandBuildings 2024-09-30 11974106 core:PlantMachinery 2024-09-30 11974106 1 2024-10-01 2025-09-30 11974106 countries:EnglandWales 2024-10-01 2025-09-30 11974106 bus:AuditExemptWithAccountantsReport 2024-10-01 2025-09-30 11974106 bus:CompanyLimitedByGuarantee 2024-10-01 2025-09-30 11974106 bus:SmallEntities 2024-10-01 2025-09-30 11974106 bus:FullAccounts 2024-10-01 2025-09-30
Company registration number:
11974106
Ripon City Golf Club Limited
Company limited by guarantee
Unaudited Filleted Financial Statements for the year ended
30 September 2025
Ripon City Golf Club Limited
Statement of Financial Position
30 September 2025

|  | 2025 | 2024
--- | --- | --- | ---
| Note | £ | £
Fixed assets |  |  |  |  |
Tangible assets | 6 | 1,406,512 |  | 732,014 |
Current assets |  |  |  |  |
Stocks |  | 8,442 |  | 8,442 |
Debtors | 7 | 107,728 |  | 58,538 |
Cash at bank and in hand |  | 200,912 |  | 232,903 |
|  | 317,082 |  | 299,883 |
Creditors: amounts falling due within one year | 8 | (465,044 | ) | (251,991 | )
Net current (liabilities)/assets |  | (147,962 | ) | 47,892 |
Total assets less current liabilities |  | 1,258,550 |  | 779,906 |
Creditors: amounts falling due after more than one year | 9 | (422,139 | ) | - |
Net assets |  | 836,411 |  | 779,906 |
Capital and reserves |  |  |  |  |
Profit and loss account |  | 836,411 |  | 779,906 |
Members funds |  | 836,411 |  | 779,906 |

For the year ending
30 September 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.
In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
11 December 2025
, and are signed on behalf of the board by:

T Lee
Director

Company registration number:
11974106
Ripon City Golf Club Limited
Notes to the Financial Statements
Year ended
30 September 2025

## 1 General information

The company is a private company limited by guarantee and is registered in England and Wales. The address of the registered office is
The Clubhouse
,
Palace Road
,
Ripon
,
North Yorkshire
,
HG4 3HH
.

## 2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.
The company has breached the limits for micro accounts for the 2025 financial year and so has adopted the provisions of FRS 102 early. This has no effect on the numerical values in the financial statements but has enhanced the detail and disclosure shown in the accounts.

## 3 Accounting policies

## Basis of preparation

The
financial statements
have been prepared on the historical cost basis. The
financial statements
are prepared in sterling, which is the functional currency of the company.

## Going concern

The directors have prepared the accounts on a going concern basis the validity of which relies on the continued support of the members. The directors have notified the members that they may need to provide short term financial support to the company in the event of a cashflow issue.

## Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, 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.

## Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Land and buildings | Land is not depreciated, buildings are depreciated straight line over 5 to 50 years
Plant and machinery | Straight line over 5 to 10 years
Office equipment | 20% straight line
Fixtures, fittings and equipment | 20% straight line

## 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.

## 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.

## Finance leases and hire purchase contracts

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.

## Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

## Defined contribution pension plan

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.

## Operating leases

A lease is classified as an operating lease if it does not transfer substantially all the risks and rewards incidental to ownership. 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.

## Tax accounting policy

The Company is subject to corporation tax but does not pay a liability due to the very high percentage of non taxable income from mutual member trading.

## 4 Limited by guarantee

The Company is limited by Guarantee . Each Voting Member of the club is limited to contributing £1 in the event of the company being wound up.

## 5 Average number of employees

The average number of persons employed by the company during the year was
7
(2024:
6
).

## 6 Tangible assets

| Land and buildings | Plant and machinery etc. | Total
--- | --- | --- | ---
| £ | £ | £
Cost |  |  |  |  |  |
At 1 October 2024 | 1,068,994 |  | 512,231 |  | 1,581,225 |
Additions | 481,717 |  | 279,504 |  | 761,221 |
At 30 September 2025 | 1,550,711 |  | 791,735 |  | 2,342,446 |
Depreciation |  |  |  |  |  |
At 1 October 2024 | 463,791 |  | 385,420 |  | 849,211 |
Charge | 22,346 |  | 64,377 |  | 86,723 |
At 30 September 2025 | 486,137 |  | 449,797 |  | 935,934 |
Carrying amount |  |  |  |  |  |
At 30 September 2025 | 1,064,574 |  | 341,938 |  | 1,406,512 |
At 30 September 2024 | 605,203 |  | 126,811 |  | 732,014 |

## 7 Debtors

| 2025 | 2024
--- | --- | ---
| £ | £
Other debtors | 107,728 |  | 58,538 |

Included in other debtors is £101,688 (2024 £51,753) due from club members for subscriptions that were due on 1 April 2025.

## 8 Creditors: amounts falling due within one year

| 2025 | 2024
--- | --- | ---
| £ | £
Bank loans and overdrafts | 7,000 |  | - |
Trade creditors | 23,596 |  | - |
Taxation and social security | 7,260 |  | 3,679 |
Other creditors | 427,188 |  | 248,312 |
| 465,044 |  | 251,991 |

The bank loan is secured on land at Ripon City Golf course and land forming part of South Parks Farm.
Included in other creditors is deferred income of £222,079, finance lease of £40,223 and a loan from a member for £100,000.

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

| 2025 | 2024
--- | --- | ---
| £ | £
Bank loans and overdrafts | 244,485 |  | - |
Other creditors | 177,654 |  | - |
| 422,139 |  | - |

The bank loan is secured on land at Ripon City Golf course and land forming part of South Parks Farm while the other creditors are finance leases for the greenkeeper machinery.
The amount of the bank loan that is due for repayment in more than 5 years is £207,168 and the amount of finance lease due in more than 5 years is £16,760.

## 10 Related party transactions

During the period a member donated £33,400 to the company and lent them £100,000 which is included in other creditors due within one year. Interest is charged on the loan at 5% and it does not have any fixed repayment terms.

## 11 Controlling party

The company is controlled by the voting members as a group.

## 12 Restatement of the Statement of Financial Position

The Statement of Financial Position for 2024 has been adjusted to include £51,753 of other debtors. This amount was previously netted off other creditors due within one year.