REGISTERED NUMBER: 00176204 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

HORNSEA GOLF CLUB LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P A Bird

K L Marshall

D P Blanchard

R Suddards

R I Meggison

N Cook

Mrs N Salzl

M C Cadmore

Mrs J Wileman

REGISTERED OFFICE:

The Golf Club

Rolston Road

Hornsea

East Yorkshire

HU18 1XG

REGISTERED NUMBER:

00176204 (England and Wales)

ACCOUNTANTS:

Sowerby

Chartered Accountants

Beckside Court

Annie Reed Road

Beverley

East Yorkshire

HU17 0LF

FIXED ASSETS

Tangible assets

4

245,939

264,418

CURRENT ASSETS

Stocks

26,261

28,575

Debtors

5

50,169

27,131

Cash at bank and in hand

200,860

314,690

277,290

370,396

CREDITORS

Amounts falling due within one year

6

223,008

243,149

NET CURRENT ASSETS

54,282

127,247

TOTAL ASSETS LESS CURRENT LIABILITIES

300,221

391,665

CREDITORS

Amounts falling due after more than one year

7

2,590

3,367

NET ASSETS

297,631

388,298

CAPITAL AND RESERVES

Called up share capital

2,942

2,722

Capital redemption reserve

8

10,764

10,764

Retained earnings

8

283,925

374,812

297,631

388,298

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 June 2026 and were signed on its behalf by:

K L Marshall - Director

1.	STATUTORY INFORMATION

Hornsea Golf Club Limited is a private company, limited by shares, registered in England. The company's registered number and registered office address can be found on the Company Information page.

The presentational currency of the financial statements is the pound sterling (£).

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.

Having regard to liquidity risk, current market conditions and other factors affecting the company including the impact of the current economic situation, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

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.

Land and buildings

-

10% on cost and 3% on cost

Plant and machinery etc

-

20% on cost, 12.5% on cost and 5% on cost

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell, 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

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

Pensions

The company operates a defined contribution pension scheme. Contributions are charged to the income account as they become payable in accordance with the rules of the scheme.

Capital grants

Grants received in relation to fixed assets are credited to deferred income and released to the income and expenditure account in equal instalments over the course of the relevant assets' lives.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2025 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2025

308,537

656,169

964,706

Additions

4,033

3,373

7,406

At 31 March 2026

312,570

659,542

972,112

DEPRECIATION

At 1 April 2025

191,487

508,801

700,288

Charge for year

5,676

20,209

25,885

At 31 March 2026

197,163

529,010

726,173

NET BOOK VALUE

At 31 March 2026

115,407

130,532

245,939

At 31 March 2025

117,050

147,368

264,418

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

1,515

2,434

Other debtors

48,654

24,697

50,169

27,131

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

48,685

74,008

Taxation and social security

8,284

3,778

Other creditors

166,039

165,363

223,008

243,149

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Other creditors

2,590

3,367

8.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

£

£

At 1 April 2025

374,812

10,764

385,576

Deficit for the year

(90,887

)

(90,887

)

At 31 March 2026

283,925

10,764

294,689

9.	OTHER FINANCIAL COMMITMENTS

At 31 March 2026 the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £28,674 (2025 - £43,475)