IRIS Accounts Production v26.1.10.61 10684491 Board of Directors Board of Directors 1.1.25 31.12.25 31.12.25 26.3.26 false true false false true false Auditors Opinion iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 10684491 2024-12-31 10684491 2025-12-31 10684491 2025-01-01 2025-12-31 10684491 2023-12-31 10684491 2024-01-01 2024-12-31 10684491 2024-12-31 10684491 ns15:EnglandWales 2025-01-01 2025-12-31 10684491 ns14:PoundSterling 2025-01-01 2025-12-31 10684491 ns10:Director1 2025-01-01 2025-12-31 10684491 ns10:Director2 2025-01-01 2025-12-31 10684491 ns10:CompanyLimitedByGuarantee 2025-01-01 2025-12-31 10684491 ns10:SmallEntities 2025-01-01 2025-12-31 10684491 ns10:Audited 2025-01-01 2025-12-31 10684491 ns10:SmallCompaniesRegimeForDirectorsReport 2025-01-01 2025-12-31 10684491 ns10:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 10684491 ns10:FullAccounts 2025-01-01 2025-12-31 10684491 ns10:Director4 2025-01-01 2025-12-31 10684491 ns10:Director5 2025-01-01 2025-12-31 10684491 ns10:Director7 2025-01-01 2025-12-31 10684491 ns10:Director8 2025-01-01 2025-12-31 10684491 ns10:Director9 2025-01-01 2025-12-31 10684491 ns10:Director10 2025-01-01 2025-12-31 10684491 ns10:Director11 2025-01-01 2025-12-31 10684491 ns10:CompanySecretary1 2025-01-01 2025-12-31 10684491 ns10:RegisteredOffice 2025-01-01 2025-12-31 10684491 ns5:CurrentFinancialInstruments 2025-12-31 10684491 ns5:CurrentFinancialInstruments 2024-12-31 10684491 ns5:Non-currentFinancialInstruments 2025-12-31 10684491 ns5:Non-currentFinancialInstruments 2024-12-31 10684491 ns5:RetainedEarningsAccumulatedLosses 2025-12-31 10684491 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 10684491 ns5:LandBuildings 2025-01-01 2025-12-31 10684491 ns5:PlantMachinery 2025-01-01 2025-12-31 10684491 ns5:LandBuildings 2024-12-31 10684491 ns5:PlantMachinery 2024-12-31 10684491 ns5:LandBuildings 2025-12-31 10684491 ns5:PlantMachinery 2025-12-31 10684491 ns5:LandBuildings 2024-12-31 10684491 ns5:PlantMachinery 2024-12-31 10684491 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-12-31 10684491 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 10684491 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2025-12-31 10684491 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2024-12-31 10684491 ns5:HirePurchaseContracts ns5:BetweenOneFiveYears 2025-12-31 10684491 ns5:HirePurchaseContracts ns5:BetweenOneFiveYears 2024-12-31 10684491 ns5:HirePurchaseContracts 2025-12-31 10684491 ns5:HirePurchaseContracts 2024-12-31

REGISTERED NUMBER: 10684491 (England and Wales)

Financial Statements for the Year Ended 31st December 2025

for

Royal St Davids Golf Club Limited

Royal St Davids Golf Club Limited (Registered number: 10684491)

Contents of the Financial Statements

for the Year Ended 31st December 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

Royal St Davids Golf Club Limited

Company Information

for the Year Ended 31st December 2025

| DIRECTORS: | E W Lloyd

| J G Billingham

| T Davies

| R K Fisher

| B P Wheatley

| Mrs E B Calvert

| D N Barr

| P J Hawksworth

| S A Sweeting

| SECRETARY: |

| REGISTERED OFFICE: | Royal St Davids Golf Club

| Harlech

| Gwynedd

| LL46 2UB

| REGISTERED NUMBER: | 10684491 (England and Wales)

| AUDITORS: | A.Hughes-Jones, Dyson & Co.

| Statutory Auditor

| Chartered Accountants

| Capel Moreia

| South Penrallt

| Caernarfon

| Gwynedd

| LL55 1NS

Royal St Davids Golf Club Limited (Registered number: 10684491)

Balance Sheet

31st December 2025

| 31.12.25 | 31.12.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 1,533,776 |  | 1,342,538 |  |

CURRENT ASSETS

Stocks | 2,124 |  | 2,497 |  |

Debtors | 5 | 381,013 |  | 186,232 |  |

Investments | 6 | 1 |  | 1 |  |

Cash at bank and in hand | 29,115 |  | 130,029 |  |

412,253 |  | 318,759 |  |

CREDITORS

Amounts falling due within one year | 7 | 161,847 |  | 98,453 |  |

NET CURRENT ASSETS | 250,406 |  | 220,306 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,784,182 |  | 1,562,844 |  |

CREDITORS

Amounts falling due after more than one year | 8 | 54,957 |  | 54,210 |  |

NET ASSETS | 1,729,225 |  | 1,508,634 |  |

RESERVES

Income and expenditure account | 1,729,225 |  | 1,508,634 |  |

1,729,225 |  | 1,508,634 |  |

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 26th March 2026 and were signed on its behalf by:

E W Lloyd - Director

J G Billingham - Director

Royal St Davids Golf Club Limited (Registered number: 10684491)

Notes to the Financial Statements

for the Year Ended 31st December 2025

1. | STATUTORY INFORMATION

| Royal St Davids 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 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

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

| Tangible fixed assets

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

| Land and buildings | - | 2% on cost

| Plant and machinery etc | - | 25% on cost, 20% on cost and 10% on cost

| Stocks

| Stocks are valued at the lower of cost and net realisable value, 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 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.

| 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.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

| 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.

Royal St Davids Golf Club Limited (Registered number: 10684491)

Notes to the Financial Statements - continued

for the Year Ended 31st December 2025

2. | ACCOUNTING POLICIES - continued

| Auditors

| In common with many businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 10 (2024 - 10 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST

| At 1st January 2025 | 570,075 |  | 1,306,662 |  | 1,876,737 |  |

| Additions | - |  | 340,358 |  | 340,358 |  |

| Disposals | - |  | (22,259 | ) | (22,259 | ) |

| At 31st December 2025 | 570,075 |  | 1,624,761 |  | 2,194,836 |  |

| DEPRECIATION

| At 1st January 2025 | 33,265 |  | 500,934 |  | 534,199 |  |

| Charge for year | 3,054 |  | 146,066 |  | 149,120 |  |

| Eliminated on disposal | - |  | (22,259 | ) | (22,259 | ) |

| At 31st December 2025 | 36,319 |  | 624,741 |  | 661,060 |  |

| NET BOOK VALUE

| At 31st December 2025 | 533,756 |  | 1,000,020 |  | 1,533,776 |  |

| At 31st December 2024 | 536,810 |  | 805,728 |  | 1,342,538 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.25 |  | 31.12.24

£ | £ |

| Trade debtors | 6,450 |  | - |  |

| Other debtors | 374,563 |  | 186,232 |  |

381,013 |  | 186,232 |  |

6. | CURRENT ASSET INVESTMENTS

| 31.12.25 |  | 31.12.24

£ | £ |

| Shares in group undertakings | 1 |  | 1 |  |

Royal St Davids Golf Club Limited (Registered number: 10684491)

Notes to the Financial Statements - continued

for the Year Ended 31st December 2025

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.25 |  | 31.12.24

£ | £ |

| Bank loans and overdrafts | 772 |  | 10,463 |  |

| Hire purchase contracts (see note 9) | 57,487 |  | 12,043 |  |

| Trade creditors | 44,927 |  | 38,593 |  |

| Taxation and social security | 22,006 |  | 19,854 |  |

| Other creditors | 36,655 |  | 17,500 |  |

161,847 |  | 98,453 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.12.25 |  | 31.12.24

£ | £ |

| Bank loans | - |  | 5,290 |  |

| Hire purchase contracts (see note 9) | 33,557 |  | 24,120 |  |

| Other creditors | 21,400 |  | 24,800 |  |

54,957 |  | 54,210 |  |

9. | LEASING AGREEMENTS

| Minimum lease payments under hire purchase fall due as follows:

| 31.12.25 |  | 31.12.24 |

£ | £ |

| Net obligations repayable:

| Within one year | 57,487 |  | 12,043 |  |

| Between one and five years | 33,557 |  | 24,120 |  |

91,044 |  | 36,163 |  |

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

| The Report of the Auditors was unqualified.

| Brian Hughes (Senior Statutory Auditor)

| for and on behalf of A.Hughes-Jones, Dyson & Co.