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Registered number: 00042962
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City of Newcastle Golf Club Limited (The)
(A company limited by guarantee)
Financial statements
Information for filing with the registrar
31 March 2026
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City of Newcastle Golf Club Limited (The)
(A company limited by guarantee)
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Balance sheet
At 31 March 2026
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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Creditors: amounts falling due after more than one year
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1
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City of Newcastle Golf Club Limited (The)
(A company limited by guarantee)
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Balance sheet (continued)
At 31 March 2026
The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 3 September 2026.
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P Tennant - Committee Chair
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Company registered number: 00042962
The notes on pages 3 to 7 form part of these financial statements.
2
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City of Newcastle Golf Club Limited (The)
(A company limited by guarantee)
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Notes to the financial statements
Year ended 31 March 2026
The company is a private company limited by guarantee, registered and domiciled in England and Wales. The address of the registered office is Three Mile Bridge, Gosforth, Newcastle upon Tyne, NE3 2DR.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
Bar and catering turnover together with sundry income are measured at the fair value of the consideration received or receivable, net of Value Added Tax. Subscriptions are recognised on a straight-line basis over the period to which the membership relates. Subscriptions received in advance are recognised as deferred income to the extent that it relates to future periods.
Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
3
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City of Newcastle Golf Club Limited (The)
(A company limited by guarantee)
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Notes to the financial statements
Year ended 31 March 2026
2.Accounting policies (continued)
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Tangible fixed assets (continued)
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Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on straight line and reducing balance basis..
Depreciation is provided on the following basis:
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Freehold land and buildings
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12% straight line / 15 years straight line
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Clubhouse equipment & buggies
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The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
Investments in subsidiaries are measured at cost less accumulated impairment.
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.
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The average monthly number of employees, including directors, during the year was 8 (2025 - 9).
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4
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City of Newcastle Golf Club Limited (The)
(A company limited by guarantee)
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Notes to the financial statements
Year ended 31 March 2026
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Freehold property and land
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Implements and irrigation
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Clubhouse equipment and buggies
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Investments in subsidiary companies
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The company owns 100% of the issued share capital of City of Newcastle Golf Club Trading Limited, a company registered in England. The registered office of which is Three Mile Bridge, Gosforth, Newcastle upon Tyne NE3 2DR. The amount of the investment at cost at 31 March 2026 was £1.
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5
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City of Newcastle Golf Club Limited (The)
(A company limited by guarantee)
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Notes to the financial statements
Year ended 31 March 2026
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Prepayments and accrued income
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Creditors: amounts falling due within one year
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Amounts owed to group undertakings
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Other taxation and social security
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Obligations under finance lease and hire purchase contracts
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Accruals and deferred income
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The bank loans are secured by a fixed and floating charge. The finance lease creditor is secured on the
assets to which they relate.
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Creditors: amounts falling due after more than one year
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Net obligations under finance leases and hire purchase contracts
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The bank loans are secured by a fixed and floating charge. The finance lease creditor is secured on the
assets to which they relate.
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6
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City of Newcastle Golf Club Limited (The)
(A company limited by guarantee)
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Notes to the financial statements
Year ended 31 March 2026
The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.
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Commitments under operating leases
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At 31 March 2026 the company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:
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Later than 1 year and not later than 5 years
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7
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