ACCOUNTS - Final Accounts

Registered number: 09049360

HOCKLEY GOLF CLUB LIMITED

(A company limited by guarantee)

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2026

HOCKLEY GOLF CLUB LIMITED

(A company limited by guarantee)

REGISTERED NUMBER: 09049360

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2026

		2026		2025
Note		£		£

Fixed assets
Tangible assets	4		1,146,159		1,070,154
			1,146,159		1,070,154
Current assets
Stocks	5	8,962		9,278
Debtors: amounts falling due within one year	6	29,746		2,259
Bank and cash balances		1,285,279		1,235,759
		1,323,987		1,247,296
Creditors: amounts falling due within one year	7	(1,144,040)		(988,341)
Net current assets			179,947		258,955
Total assets less current liabilities			1,326,106		1,329,109

Net assets			1,326,106		1,329,109

Capital and reserves
Development Levy	8		447,634		447,634
Capital fund	8		33,478		33,478
Profit and loss account	8		844,994		847,997
			1,326,106		1,329,109

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HOCKLEY GOLF CLUB LIMITED

(A company limited by guarantee)

REGISTERED NUMBER: 09049360

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2026

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

T R Patterson

Director

Date: 2 September 2026

The notes on pages 3 to 8 form part of these financial statements.

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HOCKLEY GOLF CLUB LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

1.	General information

Hockley Golf Club Limited, 09049360, is a private company limited by guarantee and incorporated in England and Wales. Its registered office is Hockley Golf Club, Twyford, Winchester, Hampshire, SO21 1PL.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Turnover is derived from the provision of golf and ancillary facilities and represents membership entrance fees and subscription income receivable in respect of the year. Turnover from membership fees is recognised over the period that it relates.
Food, beverage and retail sales are made from the on-site restaurants and shop. This turnover is recognised as income at the time the sale is made, at invoice value excluding VAT. Turnover also includes non-membership golf and leisure income (green fees and driving range sales) which is also recognised at the time the sale is made.
Turnover from functions and conferences is deferred until the event takes place, at this point the turnover for the event is recognised including the release of the deferral.

2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that 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.

2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

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HOCKLEY GOLF CLUB LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

2.Accounting policies (continued)

2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

				Clubhouse & course	-	Straight line over 50 and 10 years
				Course development	-	Straight line over 10 years
				Fixtures and fittings	-	Straight line over 5, 10 and 15 years
				Office equipment	-	Straight line over 5 and 10 years
				Estate equipment	-	Straight line over 5 and 10 years
				Course machinery	-	Straight line over 3 - 20 years

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.7

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 4

HOCKLEY GOLF CLUB LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

2.Accounting policies (continued)

2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.

Employees

The average monthly number of employees, including directors, during the year was 28 (2025 - 28).

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		HOCKLEY GOLF CLUB LIMITED (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

	4.	Tangible fixed assets

		Clubhouse and course	Course development	Fixtures and fittings	Office equipment	Estate equipment	Course machinery	Total
		£	£	£	£	£	£	£
	Cost or valuation
	At 1 April 2025	763,759	309,221	186,026	18,541	120,482	665,088	2,063,117
	Additions	12,840	49,280	30,229	8,096	3,480	166,557	270,482
	Disposals	-	(1,030)	-	-	-	(20,018)	(21,048)
	At 31 March 2026	776,599	357,471	216,255	26,637	123,962	811,627	2,312,551
	Depreciation
	At 1 April 2025	230,306	184,144	122,250	12,929	14,278	429,056	992,963
	Charge for the year	26,582	33,464	21,572	2,900	11,170	98,789	194,477
	Disposals	-	(1,030)	-	-	-	(20,018)	(21,048)
	At 31 March 2026	256,888	216,578	143,822	15,829	25,448	507,827	1,166,392
	Net book value
	At 31 March 2026	519,711	140,893	72,433	10,808	98,514	303,800	1,146,159
	At 31 March 2025	533,453	125,077	63,776	5,612	106,204	236,032	1,070,154

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HOCKLEY GOLF CLUB LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

5.	Stocks
					2026	2025
					£	£

	Finished goods and goods for resale	8,962	9,278

6.

Debtors

					2026	2025
					£	£


	Trade debtors	3,600	-
	Other debtors	4,624	-
	Prepayments and accrued income	21,522	2,259
		29,746	2,259

7.	Creditors: Amounts falling due within one year
					2026	2025
					£	£

	Trade creditors	101,723	14,904
	Corporation tax	3,923	3,900
	Other taxation and social security	14,954	16,844
	Other creditors	113,424	65,485
	Accruals and deferred income	910,016	887,208
		1,144,040	988,341

8.	Reserves
		Development Levy	Capital fund	Income and expenditure account
		£	£	£


	At 1 April 2025	447,634	33,478	847,997
	Surplus for the year	-	-	(3,003)
	At 31 March 2026	447,634	33,478	844,994

Page 7

HOCKLEY GOLF CLUB LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026


9.	Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

10.	Related party transactions
	The directors are Members of the Golf Club and use the facilities as such.

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