Alsager Golf & Country Club(1992)Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02730611 (England and Wales)

Alsager Golf & Country Club (1992)

Limited

Unaudited Financial Statements

for the Year Ended 29 February 2020

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C Ovenden

R Curtis

S Edwards

M Hilditch

P J Rushton

Mrs C Rollings

C Darby

K Gloyne

I Hulson

K R Burt

D A Hancock

Ms K Mason

SECRETARY:

F Wallace

REGISTERED OFFICE:

Audley Road

Alsager

Stoke-on-Trent

Staffordshire

ST7 2UR

REGISTERED NUMBER:

02730611 (England and Wales)

ACCOUNTANTS:

Slaters & Co Accountants

Lymore Villa

162a London Road

Chesterton

Newcastle

Staffordshire

ST5 7JB

FIXED ASSETS

Tangible assets

4

886,758

903,896

CURRENT ASSETS

Stocks

8,973

9,254

Debtors

5

13,612

20,568

Cash in hand

8,431

600

31,016

30,422

CREDITORS

Amounts falling due within one year

6

329,700

261,760

NET CURRENT LIABILITIES

(298,684

)

(231,338

)

TOTAL ASSETS LESS CURRENT LIABILITIES

588,074

672,558

CREDITORS

Amounts falling due after more than one year

7

6,419

38,241

NET ASSETS

581,655

634,317

RESERVES

Other reserves

101,041

101,041

Income and expenditure account

480,614

533,276

581,655

634,317

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2020 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 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.

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 29 June 2020 and were signed on its behalf by:

C Ovenden - Director

C Darby - Director

1.	STATUTORY INFORMATION

Alsager Golf & Country Club (1992) Limited is a private company, limited by guarantee , 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 net invoice value of goods / services provided, excluding value added tax.

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

-

2% on cost

Plant and machinery

-

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.

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.

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 33 (2019 - 42 ) .

4.	TANGIBLE FIXED ASSETS

Land and

Plant and

buildings

machinery

Totals

£

£

£

COST

At 1 March 2019

1,117,662

522,606

1,640,268

Additions

-

2,605

2,605

At 29 February 2020

1,117,662

525,211

1,642,873

DEPRECIATION

At 1 March 2019

261,455

474,917

736,372

Charge for year

9,684

10,059

19,743

At 29 February 2020

271,139

484,976

756,115

NET BOOK VALUE

At 29 February 2020

846,523

40,235

886,758

At 28 February 2019

856,207

47,689

903,896

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade debtors

2,416

6,009

Other debtors

11,196

14,559

13,612

20,568

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Bank loans and overdrafts

183,716

116,085

Hire purchase contracts

3,119

3,119

Trade creditors

35,165

33,507

Taxation and social security

8,083

8,320

Other creditors

99,617

100,729

329,700

261,760

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2020

2019

£

£

Bank loans

-

28,703

Hire purchase contracts

6,419

9,538

6,419

38,241

8.	SECURED DEBTS

The bank loan and overdraft are secured by a fixed and floating charge over the assets of the

company.

9.	MEMBERS LIABILITY

The liability of the company is limited by guarantee to the extent of £10 in respect of each member at

the balance sheet date and those who have been members within twelve months prior to that date.