REGISTERED NUMBER: 00137097 (England and Wales)

THE FULFORD (YORK) GOLF CLUB LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2025

Page

Balance Sheet

1

Notes to the Financial Statements

2

to

4

FIXED ASSETS

Tangible assets

4

816,019

698,252

CURRENT ASSETS

Stocks

8,197

9,330

Debtors

5

82,068

91,970

Cash at bank and in hand

888,784

807,444

979,049

908,744

CREDITORS

Amounts falling due within one year

6

522,653

530,408

NET CURRENT ASSETS

456,396

378,336

TOTAL ASSETS LESS CURRENT LIABILITIES

1,272,415

1,076,588

RESERVES

Income and expenditure account

1,272,415

1,076,588

1,272,415

1,076,588

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23rd February 2026 and were signed on its behalf by:

C Barrett - Director

1.	STATUTORY INFORMATION

The Fulford (York) Golf Club Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

00137097

Registered office:

Heslington Lane

York

YO10 5DY

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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

At the time of signing these accounts, having considered the economic climate, the directors expectations and intentions for the next 12 months, and the availability of working capital, the directors are of the opinion that the company will remain viable for the foreseeable future and accordingly these financial statements have been prepared on the going concern basis.

Turnover

The club's membership year does not coincide with its financial year and subscription income accordingly represents the members' fees for the financial year after accounting for deferred income. Visitor Income represents the green fees receivable in respect of visiting parties, casual visitors, open events and members' guests who have played the course during the club's financial year. Joining fees received from new members are included in other income and are included in the income and expenditure account on a accruals received basis.

Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:

Clubhouse improvements

over 10 to 21 years straight line

Course & buildings

over 15 years straight line

Clubhouse equipment

over 3 to 20 years straight line

Course equipment

over 3 to 10 years straight line

The gain or loss arising on the disposal of an asset is determined as the difference as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to surplus or deficit.

Stocks

Stocks are stated 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 stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current 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.

Financial instruments

Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit and loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

The following assets and liabilities are classified as basic financial instruments - trade debtors, other debtors, cash and bank balances, investments, trade creditors and other creditors.

Trade debtors, other debtors, cash and bank balances, investments, trade creditors and other creditors are measured at the amortised cost equivalent to the undiscounted amount of cash or other consideration expected to be paid or received.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 38 (2024 - 38 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Clubhouse

Plant and

and

Course &

improvements

machinery

fittings

Buildings

Totals

£

£

£

£

£

COST

At 1st January 2025

969,471

924,199

156,620

424,062

2,474,352

Additions

-

139,624

23,144

55,636

218,404

Disposals

(1,146

)

(26,292

)

(8,635

)

-

(36,073

)

At 31st December 2025

968,325

1,037,531

171,129

479,698

2,656,683

DEPRECIATION

At 1st January 2025

637,022

712,515

116,238

310,325

1,776,100

Charge for year

31,572

42,620

11,036

14,997

100,225

Eliminated on disposal

(739

)

(26,292

)

(8,630

)

-

(35,661

)

At 31st December 2025

667,855

728,843

118,644

325,322

1,840,664

NET BOOK VALUE

At 31st December 2025

300,470

308,688

52,485

154,376

816,019

At 31st December 2024

332,449

211,684

40,382

113,737

698,252

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

37,969

37,862

Other debtors

44,099

54,108

82,068

91,970

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

25,718

57,458

Taxation and social security

20,633

21,723

Other creditors

476,302

451,227

522,653

530,408

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

95,000

95,500

Between one and five years

71,250

166,250

166,250

261,750

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

The Report of the Auditors was unqualified.

Stuart Adam FCA (Senior Statutory Auditor)

for and on behalf of Thomas Coombs Limited