MARLAND GOLF C.I.C.
MARLAND GOLF C.I.C.
MARLAND GOLF C.I.C.
Company Registration Number:
11911212 (England and Wales)
Unaudited statutory accounts for the year ended 30 March 2022
Period of accounts
Start date: 1 April 2021
End date: 30 March 2022
MARLAND GOLF C.I.C.
Contents of the Financial Statements
for the Period Ended 30 March 2022
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
MARLAND GOLF C.I.C.
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 30 March 2022
Directors
The directors shown below have held office during the whole of the period from
1 April 2021 to 30 March 2022
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
MARLAND GOLF C.I.C.
Profit And Loss Account
for the Period Ended
2022 | 2021 | |
---|---|---|
| £ | £ |
Turnover: | | |
Cost of sales: | ( | ( |
Gross profit(or loss): | | |
Administrative expenses: | ( | ( |
Other operating income: | | |
Operating profit(or loss): | ( | |
Interest receivable and similar income: | | |
Profit(or loss) before tax: | ( | |
Tax: | ( | ( |
Profit(or loss) for the financial year: | ( | |
MARLAND GOLF C.I.C.
Balance sheet
As at
Notes | 2022 | 2021 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Tangible assets: | 3 | | |
Total fixed assets: | | | |
Current assets | |||
Debtors: | 4 | | |
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 5 | ( | ( |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Creditors: amounts falling due after more than one year: | 6 | ( | ( |
Provision for liabilities: | ( | ( | |
Total net assets (liabilities): | | | |
Capital and reserves | |||
Called up share capital: | | | |
Profit and loss account: | | | |
Total Shareholders' funds: | | |
The notes form part of these financial statements
MARLAND GOLF C.I.C.
Balance sheet statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
MARLAND GOLF C.I.C.
Notes to the Financial Statements
for the Period Ended 30 March 2022
-
1. Accounting policies
Basis of measurement and preparation
These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102 Turnover policy
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 depreciation policy
Depreciation is provided at the rate of 20% on cost in order to write off each asset over its estimated useful life. Other accounting policies
Basis of preparing the financial statementsThese 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.TaxationTaxation 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 taxDeferred 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.Pension costs and other post-retirement benefitsThe 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.
MARLAND GOLF C.I.C.
Notes to the Financial Statements
for the Period Ended 30 March 2022
-
2. Employees
2022 2021 Average number of employees during the period 9 9
MARLAND GOLF C.I.C.
Notes to the Financial Statements
for the Period Ended 30 March 2022
3. Tangible assets
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 April 2021 | | | | | | |
Additions | | | | | | |
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 30 March 2022 | | | | | | |
Depreciation | ||||||
At 1 April 2021 | | | | | | |
Charge for year | | | | | | |
On disposals | ||||||
Other adjustments | ||||||
At 30 March 2022 | | | | | | |
Net book value | ||||||
At 30 March 2022 | | | | | | |
At 31 March 2021 | | | | | |
MARLAND GOLF C.I.C.
Notes to the Financial Statements
for the Period Ended 30 March 2022
4. Debtors
2022 | 2021 | |
---|---|---|
£ | £ | |
Trade debtors | | |
Prepayments and accrued income | | |
Total | | |
MARLAND GOLF C.I.C.
Notes to the Financial Statements
for the Period Ended 30 March 2022
5. Creditors: amounts falling due within one year note
2022 | 2021 | |
---|---|---|
£ | £ | |
Trade creditors | | |
Taxation and social security | | |
Accruals and deferred income | | |
Other creditors | | |
Total | | |
MARLAND GOLF C.I.C.
Notes to the Financial Statements
for the Period Ended 30 March 2022
6. Creditors: amounts falling due after more than one year note
2022 | 2021 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts | | |
Total | | |
COMMUNITY INTEREST ANNUAL REPORT
MARLAND GOLF C.I.C.
Company Number: 11911212 (England and Wales)
Year Ending: 30 March 2022
Marland Golf CIC continued to operate Marland Golf Course situated in Springfield Park, Rochdale. The focus of MG CIC is on making golf accessible to ALL and to encourage more local residents to enjoy the benefits of golf as an outdoor activity across ALL age groups.Benefits to the local community;PandemicDuring the financial year 2021-2022 the Golf Course maintenance returned to normalWelfare of our customers and employees remained our focus early 2021 to end of 2021Government support allowed the golf course to remain financially viableBest Value GolfMarland Golf CIC continued to freeze prices for the financial year due to the pandemic, to support the local residents getting back active after the Pandemic restrictions,Increased prices for season tickets and pay and play remained in the wider market. We continue to receive great feedback on the quality of the golf course.Course ImprovementsThe focus for the course in 2021 was to reduce the number of bunkers on the course and improve the quality of the remaining bunkers.This led to a program of filling in bunkers, by “defacing” the bunkers and then top soiling and turfing over. We also brought in specialist sand to top up the remaining bunkers.A large piece of drainage work was completed on the 12th and 13th hole to reinstate collapsed drains, this involved digging up the majority of the 12th fairway and caused some disruption, however following the works, the area is much drier and can support large mowers cutting in the winter months.Outreach ProgramThankfully our junior academy could re-open albeit with some restrictions. This saw record numbers attending our free Saturday sessions support by RR Golf.
Marland Golf CIC Stakeholders;Rochdale Borough CouncilLink 4 Life Leisure TrustSpringfield Park Golf Club Men’s and LadiesMarland Golf Course usersSpringfield Park usersRochdale Borough Council We continued to work on the key pillars of success-maintain a value for money golf course open to all local residents. -conduct outreach to encourage higher participation and utilization-offer free junior golf and lessons. RBC were also a great support as MarlandGCIC navigated its way out of the pandemic, with lots of support and useful informationLink 4 Life Leisure TrustL4L continued to support via equipment leasing Springfield Park Golf Cub Men’s and LadiesSPGC Men’s and Ladies members continue to hold competitions on the golf course on weekends.Marland Golf Course usersAn online booking system via BRS has seen an increase in pay and play golfers using the facilities. The pandemic has increased the number of casual golfers now participating in the game.Springfield Park Users We continue to receive fantastic support from the ‘Friends of The Park” and MG CIC continues to complete planned maintenance on the running track at cost to try to support other community groups.
Director’s remuneration for the year was in line with other Directors of golf operators and access to the company pension scheme in line with all employees who are members of the company pension scheme.There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed”A company vehicle continued to be provided to support long-distance travel to and from the course.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
28 November 2023
And signed on behalf of the board by:
Name: J Jackson
Status: Director