Company No: 05822581 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	2,298,898		2,173,038
Investments	4	1		1
		2,298,899		2,173,039
Current assets
Stocks		41,914		40,700
Debtors	5	19,970		36,296
Cash at bank and in hand		220,591		209,416
		282,475		286,412
Creditors: amounts falling due within one year	6	( 627,235)		( 632,148)
Net current liabilities		(344,760)		(345,736)
Total assets less current liabilities		1,954,139		1,827,303
Creditors: amounts falling due after more than one year	7	( 526,353)		( 536,084)
Net assets		1,427,786		1,291,219
Reserves
Other reserves		272,076		272,076
Profit and loss account		1,155,710		1,019,143
Total reserves		1,427,786		1,291,219

For the financial year ending 31 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 financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Income Statement has not been delivered.

The financial statements of Clacton-on-Sea Golf Club Limited (registered number: 05822581) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

P Allerton Director

12 June 2026

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Clacton-on-Sea Golf Club Limited (the Company) is a private company, limited by guarantee, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is West Road, Clacton On Sea, Essex, CO15 1AJ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

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

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Income Statement in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Statement of Financial Position.

Finance costs

Finance costs are charged to the Income Statement over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	5 years straight line
Plant and machinery	20 % reducing balance
Fixtures and fittings	20 % reducing balance
Other property, plant and equipment	not depreciated

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

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

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Income Statement over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Income Statement as described below.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

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.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	30		24

3. Tangible assets

	Land and buildings		Plant and machinery		Fixtures and fittings		Other property, plant and equipment		Total
	£		£		£		£		£
Cost
At 01 January 2025	1,915,605		570,753		231,930		18,500		2,736,788
Additions	27,939		155,122		11,587		0		194,648
At 31 December 2025	1,943,544		725,875		243,517		18,500		2,931,436
Accumulated depreciation
At 01 January 2025	11,050		399,752		152,948		0		563,750
Charge for the financial year	5,100		47,161		16,527		0		68,788
At 31 December 2025	16,150		446,913		169,475		0		632,538
Net book value
At 31 December 2025	1,927,394		278,962		74,042		18,500		2,298,898
At 31 December 2024	1,904,555		171,001		78,982		18,500		2,173,038

4. Fixed asset investments

Investments in subsidiaries

	2025
	£
Cost
At 01 January 2025	1
At 31 December 2025	1
Carrying value at 31 December 2025	1
Carrying value at 31 December 2024	1

Investments in shares

Name of entity	Registered office	Principal activity	Class of shares	Ownership 31.12.2025	Ownership 31.12.2024
Clacton Golf Club Trading Limited	West Road, Clacton-on-Sea, Essex, CO15 1AJ	Activities of sport clubs	Ordinary	100.00%	100.00%

5. Debtors

	2025		2024
	£		£
Trade debtors	4,585		1,042
Amounts owed by Group undertakings	425		503
Prepayments	11,134		32,606
Other debtors	3,826		2,145
	19,970		36,296

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	26,103		25,783
Trade creditors	28,588		21,483
Other loans	58,839		56,145
Accruals and deferred income	207,766		209,107
Other taxation and social security	17,061		30,667
Obligations under finance leases and hire purchase contracts	38,265		26,840
Other creditors	250,613		262,123
	627,235		632,148

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	40,599		66,702
Other loans	368,750		424,211
Obligations under finance leases and hire purchase contracts	117,004		45,171
	526,353		536,084

The mortgage loans are secured by way of a mortgage debenture dated 7 December 2006 over the Company's freehold premises.

The hire purchase liabilities are secured against the assets to which they relate.

Amounts repayable after more than 5 years are included in creditors falling due over one year:

	2025		2024
	£		£
Bank loans	11,230		18,688
Other loans	100,620		186,164
Obligations under finance leases and hire purchase contracts	11,889		0
	123,739		204,852

8. Liability of members

The members of the Clacton-on-Sea Golf Club Limited have undertaken to contribute a sum not exceeding £1 each to meet the liabilities of the Company if it should be wound up.

9. Related party transactions

Directors have provided interest free loans to the club during the current and previous year as part of the amount shown in other creditors totalling £10,000 (2024 - £10,000).

During the year the Company received a donation of £175,014 (2024 - £138,769) from, and recharged expenses totalling £105,402 (2024 - £60,564) to, a subsidiary company. At 31 December 2025, the Company was owed £425 from the subsidiary company (2024 - £503 owed from the subsidiary).