West Bradford Golf Club Ltd Company accounts
West Bradford Golf Club Ltd Company accounts
COMPANY REGISTRATION NUMBER:
00101870
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Company Limited by Guarantee |
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Company Limited by Guarantee |
Financial Statements |
Year ended 31 March 2023
Contents |
Page |
Directors' report |
1 |
Income statement |
2 |
Statement of financial position |
3 |
Notes to the financial statements |
5 |
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Company Limited by Guarantee |
Directors' Report |
Year ended 31 March 2023
The directors present their report and the unaudited financial statements of the company for the year ended
31 March 2023
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Directors
The directors who served the company during the year were as follows:
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(Resigned
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Small company provisions
This report was approved by the board of directors on
16 December 2023
and signed on behalf of the board by:
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Director |
Registered office: |
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Company Limited by Guarantee |
Income Statement |
Year ended 31 March 2023
Period from |
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Year to |
1 Jan 21 to |
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31 Mar 23 |
31 Mar 22 |
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Note |
£ |
£ |
Turnover |
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Cost of sales |
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--------- |
--------- |
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Gross profit |
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Administrative expenses |
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--------- |
--------- |
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Operating (loss)/profit |
(
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Other interest receivable and similar income |
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Interest payable and similar expenses |
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--------- |
--------- |
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(Loss)/profit before taxation |
6 |
(
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Tax on (loss)/profit |
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-------- |
------- |
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(Loss)/profit for the financial year |
(
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-------- |
------- |
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All the activities of the company are from continuing operations.
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Company Limited by Guarantee |
Statement of Financial Position |
2023 |
2022 |
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Note |
£ |
£ |
Fixed assets
Tangible assets |
7 |
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Current assets
Stocks |
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Debtors |
8 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
9 |
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Net current assets |
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--------- |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
10 |
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--------- |
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Net assets |
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--------- |
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Capital and reserves
Profit and loss account |
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--------- |
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Members funds |
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--------- |
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Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Company Limited by Guarantee |
Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
16 December 2023
, and are signed on behalf of the board by:
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Director |
Company registration number:
00101870
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Company Limited by Guarantee |
Notes to the Financial Statements |
Year ended 31 March 2023
1.
General information
The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is Chellow Grange Road, Haworth Road, Bradford, West Yorkshire, BD9 6NP.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Freehold property |
- |
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Plant and machinery |
- |
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Fixtures and fittings |
- |
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IT Equipment |
- |
25
% straight line |
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Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Stocks
Finance leases and hire purchase contracts
Financial instruments
Defined contribution plans
4.
Company limited by guarantee
The company is limited by guarantee, not having a share capital and consequently the liability of members is limited, subject to an undertaking by each member to contribute to the net assets or liabilities of the company on winding up such amounts as may be required not exceeding £1.
5.
Employee numbers
The average number of persons employed by the company during the year amounted to
5
(2022:
5
).
6.
Profit before taxation
Profit before taxation is stated after charging:
Period from |
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Year to |
1 Jan 21 to |
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31 Mar 23 |
31 Mar 22 |
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£ |
£ |
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Depreciation of tangible assets |
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7.
Tangible assets
Freehold property |
Plant and machinery |
Fixtures and fittings |
Equipment |
Total |
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£ |
£ |
£ |
£ |
£ |
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Cost |
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At 1 April 2022 |
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12,651 |
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Additions |
– |
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3,970 |
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At 31 March 2023 |
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16,621 |
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Depreciation |
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At 1 April 2022 |
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7,500 |
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Charge for the year |
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2,355 |
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At 31 March 2023 |
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9,855 |
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Carrying amount |
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At 31 March 2023 |
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6,766 |
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At 31 March 2022 |
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5,151 |
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8.
Debtors
2023 |
2022 |
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£ |
£ |
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Other debtors |
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------- |
------- |
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9.
Creditors:
amounts falling due within one year
2023 |
2022 |
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£ |
£ |
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Trade creditors |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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-------- |
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10.
Creditors:
amounts falling due after more than one year
2023 |
2022 |
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£ |
£ |
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Other loans |
962 |
2,163 |
Other creditors |
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