RAF St Athan Golf Club Limited - Accounts to registrar (filleted) - small 22.3
RAF St Athan Golf Club Limited - Accounts to registrar (filleted) - small 22.3
| REGISTERED NUMBER: |
| RAF ST ATHAN GOLF CLUB LIMITED |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST JULY 2022 |
| RAF ST ATHAN GOLF CLUB LIMITED (REGISTERED NUMBER: 05009827) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST JULY 2022 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| RAF ST ATHAN GOLF CLUB LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31ST JULY 2022 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Tudor House |
| 16 Cathedral Road |
| Cardiff |
| CF11 9LJ |
| RAF ST ATHAN GOLF CLUB LIMITED (REGISTERED NUMBER: 05009827) |
| BALANCE SHEET |
| 31ST JULY 2022 |
| 2022 | 2021 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
| NET ASSETS |
| RESERVES |
| Income and expenditure account |
| 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. |
| RAF ST ATHAN GOLF CLUB LIMITED (REGISTERED NUMBER: 05009827) |
| BALANCE SHEET - continued |
| 31ST JULY 2022 |
| 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 and authorised for issue on |
| RAF ST ATHAN GOLF CLUB LIMITED (REGISTERED NUMBER: 05009827) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST JULY 2022 |
| 1. | STATUTORY INFORMATION |
| RAF St Athan Golf Club Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Computer equipment | - |
| 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. |
| Irrecoverable vat |
| The club's turnover consists of some income which is standard rated for VAT purposes and some income which is exempt from VAT. The standard rated income consists mainly of bar sales, whilst the exempt income is mainly membership subscriptions and green fees. |
| Under current VAT legislation, the mix of standard rated and exempt sources of income means that the club may be unable to recover all of the VAT it is charged on expenses. Quarterly and annual tests are applied to assess whether the club is eligible for full recovery. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| RAF ST ATHAN GOLF CLUB LIMITED (REGISTERED NUMBER: 05009827) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST JULY 2022 |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Plant and | and | Computer |
| machinery | fittings | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1st August 2021 |
| Additions |
| At 31st July 2022 |
| DEPRECIATION |
| At 1st August 2021 |
| Charge for year |
| At 31st July 2022 |
| NET BOOK VALUE |
| At 31st July 2022 |
| At 31st July 2021 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2022 | 2021 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2022 | 2021 |
| £ | £ |
| Hire purchase contracts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2022 | 2021 |
| £ | £ |
| Hire purchase contracts |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Hire purchase | - | 2,856 |
| RAF ST ATHAN GOLF CLUB LIMITED (REGISTERED NUMBER: 05009827) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST JULY 2022 |
| 8. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2022 | 2021 |
| £ | £ |
| Hire purchase contracts | 47,146 | 59,922 |
| 9. | LIMITED BY GUARANTEE |
| The company had total guarantees and commitments at the balance sheet date of £105,000 (2021 - £115,000). This relates to eleven and a half years remaining on a twenty year lease payable at £10,000 per annum. |