Morriston Golf Club Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 13994815

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		364,304		377,556

			364,304		377,556
CURRENT ASSETS
Stocks	5	5,062		5,939
Debtors	6	3,963		12,893
Cash at bank and in hand		16,318		16,702

		25,343		35,534
Creditors: Amounts Falling Due Within One Year	7	(68,891 )		(62,537 )

NET CURRENT ASSETS (LIABILITIES)			(43,548 )		(27,003 )

TOTAL ASSETS LESS CURRENT LIABILITIES			320,756		350,553

Creditors: Amounts Falling Due After More Than One Year	8		(16,850 )		(39,261 )

NET ASSETS			303,906		311,292

Income and Expenditure Account			303,906		311,292

MEMBERS' FUNDS			303,906		311,292

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Morriston Golf Club Ltd

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.

On behalf of the board

Mr Phillip Sumbler

Director

30/04/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Morriston Golf Club Ltd is a private company, limited by guarantee, incorporated in England & Wales, registered number 13994815 . The registered office is 160 Clasemont Road, Morriston, Swansea, SA6 6AJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

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	2% Per Annum on buildings
Plant & Machinery	20% Per Annum straight line
Motor Vehicles	20% Per Annum straight line
Fixtures & Fittings	20% Per Annum straight line

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 14 (2024: 13)

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Total
	£	£	£	£
Cost
As at 1 January 2025	595,116	257,241	17,750	870,107
Additions	-	6,534	-	6,534

As at 31 December 2025	595,116	263,775	17,750	876,641

...CONTINUED

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Morriston Golf Club Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

Depreciation
As at 1 January 2025	275,766	214,714	2,071	492,551
Provided during the period	4,391	11,845	3,550	19,786

As at 31 December 2025	280,157	226,559	5,621	512,337

Net Book Value
As at 31 December 2025	314,959	37,216	12,129	364,304

As at 1 January 2025	319,350	42,527	15,679	377,556

5. Stocks

	2025	2024
	£	£
Stock	5,062	5,939

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	2,928	1,014
Other debtors	1,035	11,879

	3,963	12,893

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	41,380	39,897
Bank loans and overdrafts	5,285	10,345
Other creditors	13,236	10,094
Taxation and social security	8,990	2,201

	68,891	62,537

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	-	5,316
Other creditors	16,850	33,945

	16,850	39,261

9. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

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