Woolfox Golf & Country Club Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 12508959

Woolfox Golf & Country Club Limited

Unaudited financial statements

31 December 2025

Woolfox Golf & Country Club Limited

Statement of financial position

31 December 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5		4,452,486		4,729,753

Current assets

Stocks		7,699	8,182
Debtors	6	86,221	132,796
Cash at bank and in hand		67,707	33,569
		---------	---------
		161,627	174,547

Creditors: Amounts falling due within one year	7	( 5,274,882)		( 5,478,146)
		-----------		-----------
Net current liabilities			( 5,113,255)		( 5,303,599)
			-----------		-----------
Total assets less current liabilities			( 660,769)		( 573,846)

Accruals and deferred income	( 13,962)	( 15,142)
	---------	---------
Net liabilities	( 674,731)	( 588,988)
	---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	( 674,831)	( 589,088)
	---------	---------
Shareholders deficit	( 674,731)	( 588,988)
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

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

These financial statements were approved by the board of directors and authorised for issue on 22 September 2026 , and are signed on behalf of the board by:

Mr C C G Riddle

Director

Company registration number: 12508959

Woolfox Golf & Country Club Limited

Notes to the financial statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Woolfox Golf and Country Club, Great North Road, Great Casterton, Stamford, PE9 4AQ, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The financial statements have been prepared on the going concern basis as the directors believe that adequate resources are available to enable the company to meet its liabilities as they fall through the support of the directors.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Long leasehold property	-	5%,10% and 20% straight line
Plant and machinery	-	20% straight line
Motor vehicles	-	20% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Stocks

Stocks are measured 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 the stock to its present location and condition.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of employees during the year was 36 (2024: 30 ).

5. Tangible assets

	Long leasehold property	Plant and machinery	Motor vehicles	Total
	£	£	£	£
Cost
At 1 January 2025	4,719,541	424,821	256,799	5,401,161
Additions	956	37,151	89,589	127,696
Disposals	–	( 23,550)	( 38,347)	( 61,897)
	-----------	---------	---------	-----------
At 31 December 2025	4,720,497	438,422	308,041	5,466,960
	-----------	---------	---------	-----------
Depreciation
At 1 January 2025	449,424	162,347	59,637	671,408
Charge for the year	245,238	74,438	45,176	364,852
Disposals	–	( 7,726)	( 14,060)	( 21,786)
	-----------	---------	---------	-----------
At 31 December 2025	694,662	229,059	90,753	1,014,474
	-----------	---------	---------	-----------
Carrying amount
At 31 December 2025	4,025,835	209,363	217,288	4,452,486
	-----------	---------	---------	-----------
At 31 December 2024	4,270,117	262,474	197,162	4,729,753
	-----------	---------	---------	-----------

6. Debtors

	2025	2024
	£	£
Trade debtors	5,745	2,855
Other debtors	80,476	129,941
	-------	---------
	86,221	132,796
	-------	---------

7. Creditors: Amounts falling due within one year

	2025	2024
	£	£
Trade creditors	66,907	60,615
Amounts owed to group undertakings	2,047,209	2,280,672
Social security and other taxes	43,589	11,552
Other creditors	3,117,177	3,125,307
	-----------	-----------
	5,274,882	5,478,146
	-----------	-----------

8. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	7,332	7,839
Later than 1 year and not later than 5 years	9,165	16,496
	-------	-------
	16,497	24,335
	-------	-------