REGISTERED NUMBER: 00190311 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

Farnham Golf Club Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs C M McCulloch

S D Link

K D Taylor

Ms C A Brewer

C J Taylor

C D Harrington

G Dobson

SECRETARY:

B A Beagley

REGISTERED OFFICE:

The Sands

Farnham

Surrey

GU10 1PX

REGISTERED NUMBER:

00190311 (England and Wales)

ACCOUNTANTS:

Jones & Co

Sherwood House

41 Queens Road

Farnborough

Hants

GU14 6JP

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

2,027,999

1,253,052

2,027,999

1,253,052

CURRENT ASSETS

Stocks

67,988

82,565

Debtors

6

65,007

43,445

Cash at bank and in hand

1,166,500

1,729,325

1,299,495

1,855,335

CREDITORS

Amounts falling due within one year

7

1,212,346

1,184,482

NET CURRENT ASSETS

87,149

670,853

TOTAL ASSETS LESS CURRENT LIABILITIES

2,115,148

1,923,905

CREDITORS

Amounts falling due after more than one year

8

161,280

241,920

NET ASSETS

1,953,868

1,681,985

CAPITAL AND RESERVES

Called up share capital

5,620

5,620

Share premium

11,504

11,504

Revaluation reserve

163,840

163,840

Retained earnings

1,772,904

1,501,021

SHAREHOLDERS' FUNDS

1,953,868

1,681,985

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 27 June 2025 and were signed on its behalf by:

Mrs C M McCulloch - Director

1.	STATUTORY INFORMATION

Farnham Golf Club 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 represents members subscriptions and other trading income. Subscriptions are recognised on the due and payable date, and the other trading income is recognised as it occurs.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Stocks

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 34 (2024 - 31 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

2,000

AMORTISATION

At 1 April 2024

and 31 March 2025

2,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Land &

Greenkeeping

Plant and

Buildings

complex

machinery

£

£

£

COST

At 1 April 2024

789,571

533,481

716,032

Additions - Land & Buildings

577,854

-

27,736

Disposals

-

-

-

At 31 March 2025

1,367,425

533,481

743,768

DEPRECIATION

At 1 April 2024

-

143,151

662,320

Charge for year

-

10,670

9,541

Eliminated on disposal

-

-

-

At 31 March 2025

-

153,821

671,861

NET BOOK VALUE

At 31 March 2025

1,367,425

379,660

71,907

At 31 March 2024

789,571

390,330

53,712

Fixtures

and

Office

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

135,248

66,123

2,240,455

Additions - Land & Buildings

214,015

515

820,120

Disposals

(2,778

)

-

(2,778

)

At 31 March 2025

346,485

66,638

3,057,797

DEPRECIATION

At 1 April 2024

119,573

62,359

987,403

Charge for year

21,914

1,289

43,414

Eliminated on disposal

(1,019

)

-

(1,019

)

At 31 March 2025

140,468

63,648

1,029,798

NET BOOK VALUE

At 31 March 2025

206,017

2,990

2,027,999

At 31 March 2024

15,675

3,764

1,253,052

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

150

350

Other debtors

64,857

43,095

65,007

43,445

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

115,131

94,790

Taxation and social security

32,845

46,038

Other creditors

1,064,370

1,043,654

1,212,346

1,184,482

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

161,280

241,920

9.	IRRECOVERABLE VAT

The directors do not consider it practicable to allocate irrecoverable VAT and it is written off to the Profit and Loss Account.