REGISTERED NUMBER: 11222580 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Notts & Derbys Golf and Leisure Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

W W Laughton

S L Laughton

REGISTERED OFFICE:

North Laithes Farm

Wellow Road

Eakring

Newark

Nottinghamshire

NG22 0AN

REGISTERED NUMBER:

11222580 (England and Wales)

ACCOUNTANTS:

Wright Vigar Limited

Chartered Accountants & Business Advisers

15 Newland

Lincoln

Lincolnshire

LN1 1XG

FIXED ASSETS

Tangible assets

4

2,598,851

837,121

CURRENT ASSETS

Stocks

90,179

108,851

Debtors

5

618,592

578,015

Cash at bank and in hand

872,903

692,157

1,581,674

1,379,023

CREDITORS

Amounts falling due within one year

6

1,190,647

921,030

NET CURRENT ASSETS

391,027

457,993

TOTAL ASSETS LESS CURRENT LIABILITIES

2,989,878

1,295,114

CREDITORS

Amounts falling due after more than one year

7

(45,398

)

(36,325

)

PROVISIONS FOR LIABILITIES

(57,759

)

(48,177

)

NET ASSETS

2,886,721

1,210,612

CAPITAL AND RESERVES

Called up share capital

9

1,310,000

10,000

Retained earnings

1,576,721

1,200,612

2,886,721

1,210,612

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 profit or loss 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 23 October 2026 and were signed on its behalf by:

W W Laughton - Director

1.	STATUTORY INFORMATION

Notts & Derbys Golf and Leisure Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and Buildings

-

not provided

Improvements to property

-

not provided

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

15% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account as incurred.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 58 (2025 - 54 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Land and

to

Plant and

Buildings

property

machinery

£

£

£

COST

At 1 April 2025

619,508

24,905

280,919

Additions

1,544,190

186,548

37,102

Disposals

-

-

(3,750

)

At 31 March 2026

2,163,698

211,453

314,271

DEPRECIATION

At 1 April 2025

-

-

131,518

Charge for year

-

-

34,071

Eliminated on disposal

-

-

(125

)

At 31 March 2026

-

-

165,464

NET BOOK VALUE

At 31 March 2026

2,163,698

211,453

148,807

At 31 March 2025

619,508

24,905

149,401

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2025

51,709

18,800

8,549

1,004,390

Additions

11,753

33,980

-

1,813,573

Disposals

-

(12,000

)

-

(15,750

)

At 31 March 2026

63,462

40,780

8,549

2,802,213

DEPRECIATION

At 1 April 2025

20,346

11,839

3,566

167,269

Charge for year

5,406

6,194

997

46,668

Eliminated on disposal

-

(10,450

)

-

(10,575

)

At 31 March 2026

25,752

7,583

4,563

203,362

NET BOOK VALUE

At 31 March 2026

37,710

33,197

3,986

2,598,851

At 31 March 2025

31,363

6,961

4,983

837,121

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

184

-

Amounts owed by group undertakings

587,652

550,710

Other debtors

30,756

27,305

618,592

578,015

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Hire purchase contracts

19,458

19,697

Trade creditors

156,645

129,486

Taxation and social security

132,965

40,033

Other creditors

881,579

731,814

1,190,647

921,030

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts

45,398

36,325

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Hire purchase contracts

64,856

56,022

The hire purchase liabilities are secured against the assets to which they relate.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

9,000

Ordinary

£1

9,000

9,000

500

Ordinary A

£1

500

500

500

Ordinary B

£1

500

500

1,300,000

Preference

£1

1,300,000

1,300,000

1,310,000

1,310,000

1,300,000 Preference shares of £1 were issued during the year for cash of £1,300,000.

10.	RELATED PARTY DISCLOSURES

The majority shareholders W W Laughton and S L Laughton are also majority shareholders of Laughton Farming. At the year end Laughton Farming owed Notts & Derby Golf and Leisure Limited £579,576 (2024 - £542,655) net of vat.