REGISTERED NUMBER: 00431293 (England and Wales)

HUDDERSFIELD GOLF CLUB LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2025

Page

Balance Sheet

1

Notes to the Financial Statements

2

to

6

FIXED ASSETS

Tangible assets

4

981,843

943,169

CURRENT ASSETS

Stocks

5

18,454

17,590

Debtors

6

26,716

32,928

Cash at bank and in hand

71,945

139,221

117,115

189,739

CREDITORS

Amounts falling due within one year

7

483,027

489,835

NET CURRENT LIABILITIES

(365,912

)

(300,096

)

TOTAL ASSETS LESS CURRENT LIABILITIES

615,931

643,073

CREDITORS

Amounts falling due after more than one year

8

25,820

64,706

NET ASSETS

590,111

578,367

RESERVES

Income and expenditure account

590,111

578,367

590,111

578,367

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 12th March 2026 and were signed on its behalf by:

N A Henderson - Director

A P Haldenby - Director

1.	STATUTORY INFORMATION

Huddersfield Golf Club Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

00431293

Registered office:

Fixby Hall

Huddersfield

HD2 2EP

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

At the time of signing these accounts, having considered the economic climate, the directors expectations and intentions for the next 12 months, and the availability of working capital, the directors are of the opinion that the company will remain viable for the foreseeable future and accordingly these financial statements have been prepared on the going concern basis.

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

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Tractors and greens equipment

6 - 10 years

Sprinkler system

5 - 10 years

Fixtures and fittings

4 years

Clubhouse alterations

5 -20 years

Greens complex

50 years

Tees, greens and bunkers

20 - 50 years

Assets under construction

Assets under construction are stated at cost, which includes direct material and labour costs

Assets under construction are not depreciated until the asset is completed and brought into operational use, at which point the accumulated cost is transferred to the relevant category of property, plant and equipment and depreciated over its estimated useful life.

A review for impairment is carried out if events or changes in circumstances indicate that the carrying amount of the asset under construction may not be recoverable.

Stocks

Stocks are stated 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 stock to its present location and condition. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Financial instruments

The company only enters into transactions in ‘basic’ financial instruments which result in the recognition of assets and liabilities; these include trade and other debtors and creditors, bank balances, loans from banks and other third parties, and loans to related parties. These are recognised in the company’s balance sheet when it becomes party to the contractual provisions of the instrument.

Basic financial assets (other than those classified as payable within one year) are initially measured at cost and are subsequently carried at cost or amortised cost using the effective interest method, less any impairment losses. Basic financial assets classed as receivable within one year are not amortised.

Basic financial liabilities (other than those classified as payable within one year) are initially measured at present value of future cash flows and subsequently at amortised cost using the effective interest method. Basic financial liabilities classed as payable within one year are not amortised.

Financial assets and liabilities are offset, with the net amount reported in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.

Value added tax

All items of income and expenditure are stated at their net cost plus the appropriate proportion of irrecoverable VAT where relevant.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 32 (2024 - 32 ) .

4.	TANGIBLE FIXED ASSETS

Assets

Fixtures

Land and

under

Plant and

and

buildings

construction

machinery

fittings

Totals

£

£

£

£

£

COST

At 1st January 2025

1,848,923

-

910,593

266,565

3,026,081

Additions

70,446

54,940

3,623

-

129,009

Disposals

-

-

(29,939

)

-

(29,939

)

At 31st December 2025

1,919,369

54,940

884,277

266,565

3,125,151

DEPRECIATION

At 1st January 2025

1,101,814

-

714,533

266,565

2,082,912

Charge for year

45,844

-

44,491

-

90,335

Eliminated on disposal

-

-

(29,939

)

-

(29,939

)

At 31st December 2025

1,147,658

-

729,085

266,565

2,143,308

NET BOOK VALUE

At 31st December 2025

771,711

54,940

155,192

-

981,843

At 31st December 2024

747,109

-

196,060

-

943,169

5.

STOCKS

2025

2024

£

£

Bar stock

8,997

7,656

Catering stock

3,624

4,090

Course and resale stock

5,833

5,844

18,454

17,590

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

6,187

-

Prepayments and accrued income

20,529

32,928

26,716

32,928

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 9)

33,171

35,050

Trade creditors

99,568

74,120

Social security and other taxes

9,826

11,401

VAT

23,833

17,899

Other creditors

19,262

9,496

Accruals and deferred income

297,367

341,869

483,027

489,835

Net obligations under hire purchase contracts are secured by fixed charges on the assets concerned.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 9)

25,820

64,706

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

33,171

35,050

Between one and five years

25,820

64,706

58,991

99,756

Non-cancellable

operating leases

2025

2024

£

£

Within one year

89,979

11,926

Between one and five years

465,626

5,963

555,605

17,889

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

58,991

99,756

Hire purchase balances are secured on the assets to which they relate.

11.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Thomas Bond ACA (Senior Statutory Auditor)

for and on behalf of Thomas Coombs Limited

12.	LEASE DILAPIDATIONS

In common with many leasehold properties, the lease on the club's land and buildings located at Fixby Hall, Lightbridge Road, Huddersfield, HD2 2EP requires the property to be maintained in good and tenantable repair and condition and to be returned to the freeholder on expiry of the lease (unless it is otherwise renewed), on 31st July 2065, in a state similar to its state at the commencement of the current lease on 1st August 1966.

The holder has the right to inspect and ensure the property remains in good and tenantable repair and condition and to carry out any necessary remedial works at the Club's cost if the Club does not undertake any such works. The directors consider the property is in good and tenantable condition and that repair, maintenance and capital expenditure budgets are determined to ensure it remains in such a condition.

Due to remoteness of the expiry of the lease and the difficulty in determining any quantum of dilapidations which would depend on the balance between wear and tear and expenditure on repairs and maintenance during the remaining 40 years of the lease, the directors do not make provision in the accounts for any future liability for dilapidations. The freeholder's advisers have provided the directors with their assessment of the current status of works required to bring the building to its state in 1966 which the directors have considered when undertaking works and when budgeting for repairs and maintenance in the future.