1.
General Information
Moor Hall 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.
The presentation currency of the financial statements is the Pound Sterling (£).
The financial statements are rounded to the nearest £1.
2.
Accounting Policies
2.1.
Basis of Preparation of 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 have been prepared on a going concern basis, are presented in sterling which is the functional currency of the company and are rounded to the nearest £.
Management have determined that there are no material uncertainties in relation to going concern by considering future cash flows, liquidity and borrowing facilities.
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.
2.2.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
The company's turnover represents the value, excluding value added tax, of subscriptions, entrance fees, bar sales, green fees and other sundry receipts receivable during the year.
2.3.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Freehold |
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| Plant & Machinery |
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| Fixtures & Fittings |
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Land and buildings amounting to £188,010 has been held at it's 1978 cost and has not been depreciated.
Expenditure on any major course re-development is to be depreciated over 20 years on a straight line basis.
Expenditure on any clubhouse refurbishment will not be capitalised as this is considered to be substantially of a refurbishment nature.
2.4.
Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income and expenditure account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the income and expenditure account as incurred.
2.5.
Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Moor Hall Golf Club Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2026
2.6.
Taxation
The company is formed to promote the common interests of its members and derives its funds from annual subscriptions and charges paid by its members. Consequently, for taxation purposes, it is a non-trading concern and thus outside the scope of taxation provision on its operating surplus or deficit. However the company is liable to corporation tax on any investment income received. No provision is required for deferred taxation.
2.7.
Pensions
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.
Average Number of Employees
Average number of employees, including directors, during the year was: 26 (2025: 31)
4.
Tangible Assets
| Land & Buildings | Plant & Machinery etc. | Total | |
|---|---|---|---|
| £ | £ | £ | |
| Cost | |||
| As at 1 April 2025 |
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| Additions |
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| Disposals |
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( |
( |
| As at 31 March 2026 |
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| Depreciation | |||
| As at 1 April 2025 |
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| Provided during the period |
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| Disposals |
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( |
( |
| As at 31 March 2026 |
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| Net Book Value | |||
| As at 31 March 2026 |
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| As at 1 April 2025 |
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5.
Stocks
| 2026 | 2025 | ||
|---|---|---|---|
| £ | £ | ||
| Stock |
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6.
Debtors
| 2026 | 2025 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Trade debtors |
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| Prepayments and accrued income |
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| Other debtors |
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Other debtors relates to the timing difference of credit card receipts not yet deposited into the bank account.
Moor Hall Golf Club Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2026
7.
Creditors: Amounts Falling Due Within One Year
| 2026 | 2025 | ||
|---|---|---|---|
| £ | £ | ||
| Net obligations under finance lease and hire purchase contracts |
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| Trade creditors |
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| Bank loans and overdrafts |
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| Other loans |
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| Corporation tax | - |
( |
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| Other taxes and social security |
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| VAT |
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| Other creditors |
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| Subscription in advance |
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| Development fund (Deferred lifetime membership) |
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| Accruals and deferred income |
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| Payments on account |
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8.
Creditors: Amounts Falling Due After More Than One Year
| 2026 | 2025 | ||
|---|---|---|---|
| £ | £ | ||
| Net obligations under finance lease and hire purchase contracts |
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| Bank loans |
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| Other loans |
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9.
Secured Creditors
The following secured debts are included within creditors:
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2026
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2025
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£
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£
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Bank loans
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95,318
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133,647
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Finance leases
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183,669
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167,181
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![1](data:image/svg+xml;utf8,<svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 80 2" preserveAspectRatio="none"> <line x1="0" y1="1" x2="80" y2="1" stroke="black" shape-rendering="crispEdges"/> </svg>){kind=small}
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278,987
![1](data:image/svg+xml;utf8,<svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 80 5" preserveAspectRatio="none"> <line x1="0" y1="1" x2="80" y2="1" stroke="black" shape-rendering="crispEdges"/> <line x1="0" y1="4" x2="80" y2="4" stroke="black" shape-rendering="crispEdges"/> </svg>){kind=small}
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300,828
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Lloyds Bank plc. have a fixed and floating charge over the undertaking and all property and assets present and future, including goodwill, book debts, uncalled capital, buildings, fixtures, fixed plant & machinery.
The finance lease is secured on the related assets.
Moor Hall Golf Club Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2026
10.
Obligations Under Finance Leases and Hire Purchase
| 2026 | 2025 | ||
|---|---|---|---|
| £ | £ | ||
| The future minimum finance lease payments are as follows: | |||
| Not later than one year |
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| Later than one year and not later than five years |
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11.
Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
| 2026 | 2025 | ||
|---|---|---|---|
| £ | £ | ||
| Not later than one year |
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| Later than one year and not later than five years |
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12.
Pension Commitments
The pension cost charge represents contributions payable by the company regarding the pension amounting to £13,588 (2025 - £15,236). Contributions totalling £nil (2025 - £nil) were payable to the fund at the balance sheet date.
13.
Company limited by guarantee
Each member of the company undertakes to contribute to the assets of the company in the event of it being wound up while he/she is a member, or within one year after he/she ceases to be a member, such amount as may be required, not exceeding £1 for the debts and liabilities contracted before he/she ceases to be a member.
14.
Contingent assets and liabilities
The maintenance of Moor Hall Drive is the responsibility of the company, however the company has entered into an agreement with Moor Hall Hotel Limited and with the residents of Moor Hall Drive whereby they and the company will contribute monies into a fund each year and that fund will meet the costs of any drive maintenance.
At 31st March 2026 the fund stood at £208,799 (2025 - £191,624). Neither the fund movements or balance sheet have been included in the financial statements, although the company's annual contribution is included. Funds can only be withdrawn on the agreement of all parties to the arrangement.
15.
Audit Information
The auditor's report on the accounts of
Moor Hall Golf Club Limited
for the year ended 31 March 2026 was unqualified.
The auditor's report was signed by
Adam Bexon MChem FCA
(Senior Statutory Auditor)
for and on behalf of
Harwoods
, Statutory Auditor.
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1 Trinity Place
Midland Drive
Sutton Coldfield
B72 1TX
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