Chorley Golf Club Limited - Accounts to registrar (filleted) - small 18.2
Chorley Golf Club Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30TH NOVEMBER 2018 |
| FOR |
| CHORLEY GOLF CLUB LIMITED |
| CHORLEY GOLF CLUB LIMITED (REGISTERED NUMBER: 09347409) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30TH NOVEMBER 2018 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| CHORLEY GOLF CLUB LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30TH NOVEMBER 2018 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 67 Chorley Old Road |
| Bolton |
| BL1 3AJ |
| BANKERS: |
| 1st Floor Chatsworth House |
| Ackhurst Park |
| Foxhole Road |
| Chorley |
| PR7 1NW |
| CHORLEY GOLF CLUB LIMITED (REGISTERED NUMBER: 09347409) |
| BALANCE SHEET |
| 30TH NOVEMBER 2018 |
| 2018 | 2017 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
| NET ASSETS |
| RESERVES |
| Income and expenditure account | 10 |
| 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 surplus or deficit 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. |
| CHORLEY GOLF CLUB LIMITED (REGISTERED NUMBER: 09347409) |
| BALANCE SHEET - continued |
| 30TH NOVEMBER 2018 |
| In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
| The financial statements were approved by the Board of Directors on by: |
| CHORLEY GOLF CLUB LIMITED (REGISTERED NUMBER: 09347409) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30TH NOVEMBER 2018 |
| 1. | STATUTORY INFORMATION |
| Chorley Golf Club Limited is a |
| 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 |
| Turnover |
| Revenue, described as turnover, represents income from the operation of a golf club stated net of VAT. |
| Depreciation |
| Clubhouse extensions, drainage and irrigation | - |
| Plant, machinery and motor vehicle | - |
| Fixtures, fittings and equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
| moving items. |
| 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| CHORLEY GOLF CLUB LIMITED (REGISTERED NUMBER: 09347409) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30TH NOVEMBER 2018 |
| 4. | TANGIBLE FIXED ASSETS |
| Clubhouse |
| extensions, | Plant, | Fixtures, |
| drainage | machinery | fittings |
| and | and motor | and |
| irrigation | vehicle | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1st December 2017 |
| Additions |
| Disposals | ( |
) | ( |
) | ( |
) |
| At 30th November 2018 |
| DEPRECIATION |
| At 1st December 2017 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) | ( |
) |
| At 30th November 2018 |
| NET BOOK VALUE |
| At 30th November 2018 |
| At 30th November 2017 |
| 5. | FIXED ASSET INVESTMENTS |
| Other |
| investments |
| £ |
| COST |
| At 1st December 2017 |
| Disposals | ( |
) |
| At 30th November 2018 |
| NET BOOK VALUE |
| At 30th November 2018 |
| At 30th November 2017 |
| The investment represented shares in Hall o'th' Hill Ltd transferred from Chorley Golf Club. |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Sundry debtors and prepayments |
| Hall o' th' Hill Ltd | 1,172 | 7,734 |
| CHORLEY GOLF CLUB LIMITED (REGISTERED NUMBER: 09347409) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30TH NOVEMBER 2018 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Hire purchase contracts |
| Tax |
| Sundry creditors and accruals |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Hall O'th Hill Ltd | - | 52,769 |
| Biomass project loan |
| Hire purchase contracts |
| 9. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2018 | 2017 |
| £ | £ |
| Hire purchase contracts | 6,937 | 30,201 |
| 10. | RESERVES |
| Income |
| and |
| expenditure |
| account |
| £ |
| At 1st December 2017 |
| Deficit for the year | ( |
) |
| At 30th November 2018 |