REGISTERED NUMBER: 00983170 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

Scarborough North Cliff

Golf Club Limited

Page

Company Information

1

Chairman's Report

2

Balance Sheet

3

Notes to the Financial Statements

4

Directors:

I D Ellard

P J Brookes

A R Owenson

J A Titley

J Hughes

Secretary:

J Duck

Registered office:

North Cliff Avenue

Burniston Road

Scarborough

North Yorkshire

YO12 6PP

Registered number:

00983170 (England and Wales)

Auditors:

Ashby Berry Coulsons Limited

Statutory Auditors

2 Belgrave Crescent

Scarborough

North Yorkshire

YO11 1UB

It gives me great pleasure to present my report for the year ending 31st of March 2025.

Thanks go to outgoing captain Brian Davidson, who has been very proactive in assisting the club in many matters. He has participated in many events and functions, and I know he has enjoyed his year, thank you Brian. Brian has invited Gareth Edmunds as his vice captain, who's experience in the business world will be of great assistance to us in the challenging times ahead, please give him your full support throughout his year.

I would like to thank both the Captain and the President, Jim Hughes for their respective weekends, both well run and popular. It has again been a challenging year with very different weather conditions, but I hope you can all agree Nigel Colley, our new head greenkeeper, has done a great job. He has plans for the future improvements of the course, which will be shared with members when finalized.

Membership continues to hold up well, and we are above budget on members with an influx of youth members, which bodes well for the club if we can keep this going. We also now have a booming junior membership which is already showing signs of success.

One area of concern is the ladies section which continues to decline we need to look at a way of increasing our lady membership which is not easy in these changing times. I must thank our professional Andrew Wells who has started this process with attracting 11 academy ladies who will hopefully make the transition to full members quite soon. Financially, the club is stable, but we must continue to press forward to increase revenues wherever we can.

We have seen an increase in weddings, funerals, and private bookings as the club is proving a popular venue. As previous years have shown us though there could be unexpected challenges ahead so we must focus on improving to be the best we can be.

I would like to thank all the members of the board who have worked hard through the year, remember these are all volunteers and give their time freely. Our caterer Pete Kirby has kept us supplied with food throughout the year and continues to cater very well for all the functions the club puts on.

I would like to thank Joanne our club manager who works hard throughout the year to make all the above run smoothly, there is much unseen work that Joanne carries out, she is now joined by assistant Guy Shrimpton. Guy is really enjoying the role and he is also a member.

As you may be aware the ongoing lease agreement is to be finalised, hopefully soon, and we will inform members as soon as possible.

Finally I would like to thank you the members for all your support throughout the year, without your support there would be no golf club. Many of you offer help with the juniors, maintenance, competitions etc.

Your help is very much appreciated.

Dave Ellard

Chairman

Fixed assets

Tangible assets

4

148,914

184,057

Investments

5

1

1

148,915

184,058

Current assets

Stocks

3,143

3,561

Debtors

6

7,810

8,956

Cash at bank and in hand

112,942

68,317

123,895

80,834

Creditors

Amounts falling due within one year

7

216,535

114,149

Net current liabilities

(92,640

)

(33,315

)

Total assets less current liabilities

56,275

150,743

Creditors

Amounts falling due after more than one year

8

2,500

15,880

Net assets

53,775

134,863

Reserves

Income and expenditure account

10

53,775

134,863

53,775

134,863

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 19 August 2025 and were signed on its behalf by:

I D Ellard - Director

1.	Statutory information

Scarborough North Cliff Golf Club Limited is a private company, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page. The company is limited by guarantee and consequently does not have any 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.

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.

Preparation of consolidated financial statements

The financial statements contain information about Scarborough North Cliff Golf Club Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

The turnover and other operating income arises from the usual activities of a golf club. This primarily includes membership subscriptions received as well as other golf and advertising related income during the year. Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts.

Donations towards revenue and capital expenditure are recognised at the point at which the related expenditure is incurred.

Tangible fixed assets

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

Course and greenkeeping equipment

-

12.5% on cost

Clubhouse furnishings and equipment

-

5 - 12.5% on cost

Borehole

-

10% on cost

Carpark

-

10% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

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

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Provisions

Provisions are recognised when the company has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated.

Tax

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Employee benefits

When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service. Although the company does not operate a pension scheme for its employees, it makes contributions on behalf of employees to their personal pension scheme. Contributions are charged to the income and expenditure account as they become payable.

3.	Employees and directors

The average number of employees during the year was 7 (2024 - 6 ) .

4.	Tangible fixed assets

Course

Clubhouse

and

furnishings

greenkeeping

and

equipment

equipment

Borehole

Carpark

Totals

£

£

£

£

£

Cost

At 1 April 2024

582,437

340,798

6,835

48,124

978,194

Disposals

(103,567

)

-

-

-

(103,567

)

At 31 March 2025

478,870

340,798

6,835

48,124

874,627

Depreciation

At 1 April 2024

478,838

260,342

6,834

48,123

794,137

Charge for year

23,618

11,525

-

-

35,143

Eliminated on disposal

(103,567

)

-

-

-

(103,567

)

At 31 March 2025

398,889

271,867

6,834

48,123

725,713

Net book value

At 31 March 2025

79,981

68,931

1

1

148,914

At 31 March 2024

103,599

80,456

1

1

184,057

5.	Fixed asset investments

Shares in

group

undertakings

£

Cost

At 1 April 2024

and 31 March 2025

1

Net book value

At 31 March 2025

1

At 31 March 2024

1

6.

Debtors: amounts falling due within one year

2025

2024

£

£

Amounts owed by group undertakings

-

1,317

VAT

-

1,356

Prepayments and accrued income

7,810

6,283

7,810

8,956

7.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

10,000

7,500

Trade creditors

17,655

24,750

Amounts owed to group undertakings

55,083

-

Taxation and social security

3,254

3,416

Other creditors

130,543

78,483

216,535

114,149

8.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans

2,500

15,880

9.	Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

80,000

80,000

Between one and five years

-

80,000

80,000

160,000

The current lease ends in April 2026 and the Club representatives are working hard in conjunction with North Yorkshire County Council and South Cliff Golf Club to obtain a new lease. Meetings and work is ongoing but it is expected that an agreement, on terms yet to be agreed, will be in place before the end of 2025.

10.

Reserves

Income

and

expenditure

account

£

At 1 April 2024

134,863

Deficit for the year

(81,088

)

At 31 March 2025

53,775

11.	Disclosure under Section 444(5B) of the Companies Act 2006

The Report of the Auditors was unqualified.

Timothy Jones FCA (Senior Statutory Auditor)

for and on behalf of Ashby Berry Coulsons Limited

12.	Related party disclosures

During the year the company received a gift aid donation from Scarborough North Cliff Golf Club Trading Company Limited totalling £124,622 (2024 - £141,819). At the year end the total amount owed to Scarborough North Cliff Golf Club Trading Company Limited was £55,084 (2024 owed from Scarborough North Cliff Golf Club Trading Limited - £1,317) and is included within creditors (2024 - debtors) due within one year.