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

COMPANY REGISTRATION NUMBER: 02840508

Cherry Lodge Golf Club Limited

Filleted Unaudited Financial Statements

30 June 2026

Cherry Lodge Golf Club Limited

Balance Sheet

30 June 2026

	2026	2025
Note	£	£

Fixed assets

Tangible assets	5	1,949,210	1,955,651

Current assets

Stocks		35,350	22,356
Debtors	6	48,444	27,997
Cash at bank and in hand		529,084	394,812
		---------	---------
		612,878	445,165

Creditors: amounts falling due within one year	7	627,582	572,182
		---------	---------
Net current liabilities		14,704	127,017
		------------	------------
Total assets less current liabilities		1,934,506	1,828,634

Creditors: amounts falling due after more than one year	8	704,921	739,864

Provisions	230,000	100,000
	------------	------------
Net assets	999,585	988,770
	------------	------------

Capital and reserves

Called up share capital	10	999,700	1,000,700
Profit and loss account		( 115)	( 11,930)
		---------	------------
Shareholders funds		999,585	988,770
		---------	------------

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 30 June 2026 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 .

Cherry Lodge Golf Club Limited

Balance Sheet (continued)

30 June 2026

These financial statements were approved by the board of directors and authorised for issue on 10 August 2026 , and are signed on behalf of the board by:

Mrs D Anderson

Director

Company registration number: 02840508

Cherry Lodge Golf Club Limited

Notes to the Financial Statements

Year ended 30 June 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Cherry Lodge Golf Club, Jail Lane, Biggin Hill, Kent, TN16 3AX.

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 membership subscriptions to the club, goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

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:

Freehold property	-	Not depreciated
Plant and machinery	-	15% straight line
Fixtures and fittings	-	10% straight line
Office equipment	-	33% straight line
Improvements to property	-	10 - 15% Straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs.

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.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the balance sheet as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the balance sheet and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 19 (2025: 19 ).

The position of director is voluntary and they are not employees of the company.

5. Tangible assets

	Freehold property	Plant and machinery	Fixtures and fittings	Office equipment	Improvements to property	Total
	£	£	£	£	£	£
Cost
At 1 Jul 2025	1,881,189	37,029	423,563	22,142	150,136	2,514,059
Additions	–	19,619	–	–	–	19,619
Disposals	–	( 10,290)	–	–	–	( 10,290)
	------------	--------	---------	--------	---------	------------
At 30 Jun 2026	1,881,189	46,358	423,563	22,142	150,136	2,523,388
	------------	--------	---------	--------	---------	------------
Depreciation
At 1 Jul 2025	5,250	30,344	360,441	22,142	140,231	558,408
Charge for the year	–	6,954	16,630	–	2,476	26,060
Disposals	–	( 10,290)	–	–	–	( 10,290)
	------------	--------	---------	--------	---------	------------
At 30 Jun 2026	5,250	27,008	377,071	22,142	142,707	574,178
	------------	--------	---------	--------	---------	------------
Carrying amount
At 30 Jun 2026	1,875,939	19,350	46,492	–	7,429	1,949,210
	------------	--------	---------	--------	---------	------------
At 30 Jun 2025	1,875,939	6,685	63,122	–	9,905	1,955,651
	------------	--------	---------	--------	---------	------------

6. Debtors

	2026	2025
	£	£
Trade debtors	1,455	–
Other debtors	46,989	27,997
	--------	--------
	48,444	27,997
	--------	--------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	36,700	33,017
Trade creditors	29,573	33,322
Corporation tax	3,192	–
Social security and other taxes	31,102	35,014
Other creditors	527,015	470,829
	---------	---------
	627,582	572,182
	---------	---------

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

	2026	2025
	£	£
Bank loans and overdrafts	473,482	513,864
Other creditors	231,439	226,000
	---------	---------
	704,921	739,864
	---------	---------

Included within creditors: amounts falling due after more than one year is an amount of £331,776 (2025: £381,331) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date.

The company has a mortgage with Barclays Bank Plc. The loan is repayable in full in August 2036. The loan incurs interest at the banks borrowing rate.

9. Financial instruments

The carrying amount for each category of financial instrument is as follows:

	2026	2025
	£	£

Financial assets measured at fair value through profit or loss

Financial assets measured at fair value through profit or loss	576,073	422,808
	---------	---------

Financial liabilities measured at fair value through profit or loss

Financial liabilities measured at fair value through profit or loss	2,297,910	2,277,731
	------------	------------

10. Called up share capital

Issued, called up and fully paid

	2026		2025
	No.	£	No.	£
Ordinary shares of £ 100 each	820	82,000	819	81,900
Ordinary A shares of £ 100 each	7,302	730,200	7,313	731,300
Preference A shares of £ 100 each	1,875	187,500	1,875	187,500
	-------	---------	--------	------------
	9,997	999,700	10,007	1,000,700
	-------	---------	--------	------------

11. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2026	2025
	£	£
Not later than 1 year	69,876	82,650
Later than 1 year and not later than 5 years	91,472	107,041
	---------	---------
	161,348	189,691
	---------	---------

12. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

	2026
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
Mr A Gee	–	–	–
	----	----	----

	2025
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
Mr A Gee	( 5,000)	5,000	–
	-------	-------	----