North Shore Golf Club(Skegness) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00158482 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

North Shore Golf

Club(Skegness)limited(The)

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

10

DIRECTORS:

W R C Mitchell

Mrs N J Mitchell

SECRETARY:

W R C Mitchell

REGISTERED OFFICE:

North Shore Hotel

North Shore Road

Skegness

Lincolnshire

PE25 1DN

REGISTERED NUMBER:

00158482 (England and Wales)

ACCOUNTANTS:

INSIGHT

Acorn House

Church Lane

Croft

Skegness

Lincolnshire

PE24 4RW

FIXED ASSETS

Tangible assets

4

2,260,375

2,011,402

CURRENT ASSETS

Stocks

42,000

28,094

Debtors

5

7,428

19,598

Cash at bank and in hand

35,862

130,955

85,290

178,647

CREDITORS

Amounts falling due within one year

6

295,198

262,532

NET CURRENT LIABILITIES

(209,908

)

(83,885

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,050,467

1,927,517

CREDITORS

Amounts falling due after more than one year

7

(539,841

)

(425,318

)

PROVISIONS FOR LIABILITIES

(41,544

)

-

NET ASSETS

1,469,082

1,502,199

CAPITAL AND RESERVES

Called up share capital

9

3,475

Revaluation reserve

10

1,145,912

Retained earnings

10

319,695

352,812

SHAREHOLDERS' FUNDS

1,469,082

1,502,199

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 May 2026 and were signed on its behalf by:

W R C Mitchell - Director

Mrs N J Mitchell - Director

1.	STATUTORY INFORMATION

North Shore Golf Club(Skegness)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.

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 as modified by the revaluation of certain assets.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

at varying rates on cost

Amusement machines

-

25% on cost

Fixtures and fittings

-

20% on cost

Plant, Machinery And Vehicles

-

20% on cost

Equipment

-

33% 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 44 (2024 - 45 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Amusement

property

machines

£

COST OR VALUATION

At 1 January 2025

1,843,129

94,938

4,162

Additions

-

Disposals

-

At 31 December 2025

1,843,129

94,938

4,162

DEPRECIATION

At 1 January 2025

-

13,839

4,162

Charge for year

-

1,899

-

Eliminated on disposal

-

Charge written back

-

At 31 December 2025

-

15,738

4,162

NET BOOK VALUE

At 31 December 2025

1,843,129

79,200

-

At 31 December 2024

1,843,129

81,099

-

Plant,

Fixtures

Machinery

and

And

fittings

Vehicles

Equipment

Totals

£

COST OR VALUATION

At 1 January 2025

550,195

353,444

135,226

2,981,094

Additions

89,482

113,948

5,338

208,768

Disposals

-

(4,996

)

-

(4,996

)

At 31 December 2025

639,677

462,396

140,564

3,184,866

DEPRECIATION

At 1 January 2025

528,622

288,337

134,732

969,692

Charge for year

15,443

59,515

1,012

77,869

Eliminated on disposal

-

(4,996

)

-

(4,996

)

Charge written back

(94,459

)

-

(23,615

)

(118,074

)

At 31 December 2025

449,606

342,856

112,129

924,491

NET BOOK VALUE

At 31 December 2025

190,071

119,540

28,435

2,260,375

At 31 December 2024

21,573

65,107

494

2,011,402

Cost or valuation at 31 December 2025 is represented by:

Improvements

Freehold

to

Amusement

property

machines

£

Valuation in 2013

1,145,912

-

Valuation in 2019

-

13,827

-

Valuation in 2024

43,129

81,111

-

Cost

654,088

-

4,162

1,843,129

94,938

4,162

Plant,

Fixtures

Machinery

and

And

fittings

Vehicles

Equipment

Totals

£

Valuation in 2013

-

1,145,912

Valuation in 2019

40,454

12,401

3,593

70,275

Valuation in 2024

3,894

107,972

-

236,106

Cost

595,329

342,023

136,971

1,732,573

639,677

462,396

140,564

3,184,866

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Plant,

Machinery

And

Vehicles

£

COST OR VALUATION

Additions

17,145

At 31 December 2025

17,145

DEPRECIATION

Charge for year

3,303

At 31 December 2025

3,303

NET BOOK VALUE

At 31 December 2025

13,842

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade debtors

3,056

4,256

Deferred tax asset

-

11,422

Prepayments and accrued income

4,372

3,920

7,428

19,598

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Bank loans and overdrafts

35,502

28,195

Trade creditors

134,789

110,409

Social security and other taxes

21,722

17,592

VAT

55,330

61,743

Directors' current accounts

36,683

36,000

Accruals and deferred income

11,172

8,593

295,198

262,532

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.25

31.12.24

£

Bank loans - 1-2 years

56,389

Bank loans - 2-5 years

224,509

251,044

Other creditors

258,943

116,857

Accruals and deferred income

-

1,028

539,841

425,318

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

Bank overdraft

7,307

-

Bank loans

309,093

335,628

316,400

335,628

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

3,475

Ordinary

1.00

3,475

10.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

At 1 January 2025

352,812

1,145,912

1,498,724

Deficit for the year

(19,017

)

(19,017

)

Dividends

(14,100

)

(14,100

)

At 31 December 2025

319,695

1,145,912

1,465,607

11.	ULTIMATE CONTROLLING PARTY

The parent company during the year was R G Mitchell (Leisure) Limited which is incorporated in Great Britain and registered in England & Wales. The ultimate parent company is Mitchell Leisure Group Limited and the ultimate controlling party is the sole director.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of North Shore Golf Club(Skegness)limited(The) for the year ended 31 December 2025 which comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of North Shore Golf Club(Skegness)limited(The), as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of North Shore Golf Club(Skegness)limited(The) and state those matters that we have agreed to state to the Board of Directors of North Shore Golf Club(Skegness)limited(The), as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than North Shore Golf Club(Skegness)limited(The) and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that North Shore Golf Club(Skegness)limited(The) has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of North Shore Golf Club(Skegness)limited(The). You consider that North Shore Golf Club(Skegness)limited(The) is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of North Shore Golf Club(Skegness)limited(The). For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

INSIGHT

Acorn House

Church Lane

Croft

Skegness

Lincolnshire

PE24 4RW

18 May 2026