REGISTERED NUMBER: 09347886 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

HESSLE GOLF CLUB LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P Hull

I Moffitt

K Thorne

A K Weightman

B Kavanagh

SECRETARY:

M Hoyland

REGISTERED OFFICE:

Hessle Golf Club, Westfield Road

Raywell

Cottingham

Hull

HU16 5ZA

REGISTERED NUMBER:

09347886 (England and Wales)

ACCOUNTANTS:

Sowerby

Chartered Accountants

Beckside Court

Annie Reed Road

Beverley

East Yorkshire

HU17 0LF

FIXED ASSETS

Owned

Tangible assets

4

340,448

479,280

Right-of-use

Tangible assets

4, 9

232,508

54,028

Investments

5

10,351

10,351

583,307

543,659

CURRENT ASSETS

Stocks

24,051

21,963

Debtors

6

50,041

54,333

Cash at bank and in hand

106,712

84,475

180,804

160,771

CREDITORS

Amounts falling due within one year

7

442,068

493,591

NET CURRENT LIABILITIES

(261,264

)

(332,820

)

TOTAL ASSETS LESS CURRENT LIABILITIES

322,043

210,839

CREDITORS

Amounts falling due after more than one year

8

142,850

15,863

NET ASSETS

179,193

194,976

RESERVES

Income and expenditure account

179,193

194,976

179,193

194,976

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 surplus or deficit 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 8 April 2026 and were signed on its behalf by:

I Moffitt - Director

D Haines - Director

1.	STATUTORY INFORMATION

Hessle Golf Club Limited is a private company, limited by guarantee, registered in England. The company's registered number is 09347886 and registered office and principal place of business is Westfield Road, Raywell, Cottingham, HU16 5ZA.

The presentation currency of the financial statements is Pound Sterling (£).

The principal activity of the company is that of a golf club.

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.

The company has early adopted the amendments to FRS 102 arising from the Periodic Review 2024, which are effective for periods beginning on or after 1 January 2026. These amendments have been applied in full, with a transition date of 1 January 2025.

The adoption of these amendments has resulted in changes to the accounting policies for leases. As permitted, the company has adopted a modified retrospective approach, meaning comparative figures have not been restated.

Having regard to liquidity risk, current market conditions and other factors affecting the company, 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.

The directors, having taken into the factors discussed above as well as the uncertainties of the current economic environment, have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

Turnover

Turnover is the amount derived from ordinary activities, measured at the fair value of the consideration received or receivable. Turnover excludes value added tax and trade discounts.

Turnover from the sale of goods is recognised at the point of sale.

Turnover from services is recognised on completion of service, or when those services span the year end date, by reference to the stage of completion at the balance sheet date.

Sales are recognised at the point which the company has fulfilled its contractual obligations and the risks and rewards attached to the product, have been transferred to the customer.

Tangible fixed assets

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

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. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Stock is calculated on the first in first out basis.

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.

Leases

Leases are recognised as finance leases. The lease liability is initially recognised at the present value of the lease payments which have not yet been made and subsequently measured under the amortised cost method. The initial cost of the right-of-use asset comprises the amount of the initial measurement of the lease liability, lease payments made prior to the lease commencement date, initial direct costs and the estimated costs of removing or dismantling the underlying asset per the conditions of the contract.

Where ownership of the right-of-use asset transfers to the lessee at the end of the lease term, the right-of-use asset is depreciated over the asset’s remaining useful life. If ownership of the right-of-use asset does not transfer to the lessee at the end of the lease term, depreciation is charged over the shorter of the useful life of the right-of-use asset and the lease term.

Fixed asset investments

Fixed asset investments are valued at cost less impairment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2024 - 21 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

1,239,063

Additions

254,789

Disposals

(460,813

)

At 31 December 2025

1,033,039

DEPRECIATION

At 1 January 2025

705,755

Charge for year

87,064

Eliminated on disposal

(332,736

)

At 31 December 2025

460,083

NET BOOK VALUE

At 31 December 2025

572,956

At 31 December 2024

533,308

Included above are Right of Use assets as detailed in Note 11.

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2025

and 31 December 2025

10,351

NET BOOK VALUE

At 31 December 2025

10,351

At 31 December 2024

10,351

Fixed asset investments is represented by 5,377 ordinary shares held in Hessle Golf Course Company Limited.

These shares are owned by individuals, all directors of the company, acting as trustees for the members of the company.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

25,252

26,116

Other debtors

24,789

28,217

50,041

54,333

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Leases (see note 9)

61,202

20,623

Trade creditors

36,503

23,353

Taxation and social security

17,800

16,277

Other creditors

326,563

433,338

442,068

493,591

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Leases (see note 9)

142,850

15,863

9.

LEASING

Right-of-use assets

Tangible fixed assets

2025

2024

£

£

COST

At 1 January 2025

100,560

286,560

Additions

230,776

-

Transfer to ownership

-

(186,000

)

331,336

100,560

DEPRECIATION

At 1 January 2025

46,532

239,760

Charge for year

52,296

(7,228

)

Transfer to ownership

-

(186,000

)

98,828

46,532

NET BOOK VALUE

232,508

54,028

Within Right-of-use assets are assets under operating leases with a NBV of £198,592 (2024: Nil) and assets under finance leases with a NBV of £33,916 (2024: £54,028).

The finances leases are secured on the assets to which they relate.

Lease liabilities

Minimum lease payments fall due as follows:

2025

2024

£

£

Gross obligations repayable:

Within one year

75,993

21,403

Between one and five years

160,441

16,052

236,434

37,455

Finance charges repayable:

Within one year

14,791

780

Between one and five years

17,591

189

32,382

969

Net obligations repayable:

Within one year

61,202

20,623

Between one and five years

142,850

15,863

204,052

36,486

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Finance leases

15,864

36,486

The finance lease creditor is secured on the underlying assets.

11.	RELATED PARTY DISCLOSURES

Hessle Golf Course Company Limited

Hessle Golf Course Company Limited is a company under common control.

During the year to 31st December 2025, rent of £2,500 was charged by Hessle Golf Course Company Limited to the company.

Other Loans

During the year, the company refinanced a loan to an operating lease from a company owned by two members of the golf club.

The balance outstanding at 31st December 2025 is £97,093 (2024:£117,320).

The operating lease attracts interest using the sum of digits method and is payable by monthly lease payments.

12.	LIMITED BY GUARANTEE

The company is limited by guarantee. In the event of the company being wound up, the liability of each member is limited to a sum of £1.

13.	LADIES AND SENIOR SECTIONS

Within the financial statements are figures relating to the Ladies and Senior Sections, as follows:

2025

2024

£

£

Ladies Section

Surplus/(Deficit) for the year

2,551

243

Reserves

4,872

2,321

Seniors Section

Surplus for the year

104

185

Reserves

1,467

1,363