Morecambe Golf Club Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 00182098

MORECAMBE GOLF CLUB LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 December 2025

MORECAMBE GOLF CLUB LIMITED

BALANCE SHEET

31 December 2025

	2025		2024
Note	£	£	£

FIXED ASSETS

Tangible assets	5		518,006	526,401

CURRENT ASSETS

Stocks		17,903	17,925
Debtors	6	29,439	23,716
Cash at bank and in hand		260,983	274,181
		--------	--------
		308,325	315,822

CREDITORS: amounts falling due within one year	7	221,110		199,249
		--------		--------
NET CURRENT ASSETS			87,215	116,573
			--------	--------
TOTAL ASSETS LESS CURRENT LIABILITIES			605,221	642,974
			--------	--------
NET ASSETS			605,221	642,974
			--------	--------

CAPITAL AND RESERVES

Called up share capital	7,021	7,021
Profit and loss account	598,200	635,953
	--------	--------
SHAREHOLDERS FUNDS	605,221	642,974
	--------	--------

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 profit and loss account has not been delivered.

For the year ending 31st 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 were approved by the board of directors and authorised for issue on 16 February 2026 , and are signed on behalf of the board by:

Mr T Dobson (Captain)

Director

Company registration number: 00182098

MORECAMBE GOLF CLUB LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31st DECEMBER 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Club House, Happy Mount, Morecambe, LA4 6AJ.

2. Statement of compliance

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

Revenue recognition

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

Tangible assets

Tangible assets are initially recorded at cost, and 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 equity, 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 equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity 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:

Leasehold property and course equipment	-	Leasehold property 3%, course improvements over 10 years
Course plant and equipment	-	Course machinery over 10 years, golf buggies over 5 years
Clubhouse fixtures and fittings	-	Clubhouse fixtures over 10 years, computer equipment over 5 years

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 stock to its present location and condition.

4. Employees

The average number of persons employed by the company during the year amounted to 29 (2024: 30 ).

5. Tangible assets

Leasehold Property and Course Improvements	Course Plant and Equipment	Clubhouse Fixtures and Fittings	Total
£	£	£	£

Cost
At 1st January 2025	987,235	546,465	303,689	1,837,389
Additions	–	76,374	9,438	85,812
Disposals	–	( 77,675)	( 17,711)	( 95,386)
	--------	--------	--------	----------
At 31st December 2025	987,235	545,164	295,416	1,827,815
	--------	--------	--------	----------
Depreciation
At 1st January 2025	687,813	379,193	243,982	1,310,988
Charge for the year	19,598	37,397	14,944	71,939
Disposals	–	( 57,699)	( 15,419)	( 73,118)
	--------	--------	--------	----------
At 31st December 2025	707,411	358,891	243,507	1,309,809
	--------	--------	--------	----------
Carrying amount
At 31st December 2025	279,824	186,273	51,909	518,006
	--------	--------	--------	----------
At 31st December 2024	299,422	167,272	59,707	526,401
	--------	--------	--------	----------

6. Debtors

	2025	2024
	£	£

Prepayments and accrued income	27,059	22,016
Other debtors	2,380	1,700
	-------	-------
	29,439	23,716
	-------	-------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£

Trade creditors	29,185	31,444
Accruals and deferred income	12,115	18,127
Corporation tax	1,028	1,098
Social security and other taxes	28,224	27,654
Subscriptions in advance	121,640	90,235
Other creditors	28,918	30,691
	--------	--------
	221,110	199,249
	--------	--------

8. Leasehold land

The lease expires on the 18th March 2242.

9. Capital commitments

At 31st December 2025 there were capital commitments of £0 excluding VAT (2024 - £0).

10. Ultimate controlling party

Ultimate control of the company lies with the members.