Mendip Golf Club Limited - Abbreviated accounts

Registered number

00762710

Mendip Golf Club Limited

Abbreviated Accounts

31 March 2016

Mendip Golf Club Limited

Report to the directors on the preparation of the unaudited abbreviated accounts of Mendip Golf Club Limited for the year ended 31 March 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Mendip Golf Club Limited for the year ended 31 March 2016 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.

The Waldron Partnership
Chartered Certified Accountants
Broadway House
Third Avenue, Westfield Industrial Estate
Radstock
Somerset
BA3 4XD

26 September 2016

Mendip Golf Club Limited
Registered number:		00762710
Abbreviated Balance Sheet
as at 31 March 2016

Notes			2016			2015
£				£
Fixed assets
Tangible assets	2		759,907			767,960

Current assets
Stocks		-			3,260
Debtors		14,423			4,473
Cash at bank and in hand		174,300			101,028
		188,723			108,761

Creditors: amounts falling due within one year		(328,965)			(263,657)

Net current liabilities			(140,242)			(154,896)

Total assets less current liabilities			619,665			613,064

Creditors: amounts falling due after more than one year			(38,369)			(23,041)



Net assets			581,296			590,023

Capital and reserves
Profit and loss account			581,296			590,024

Shareholders' funds			581,296			590,024

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



M T Ware
Director
Approved by the board on 26 September 2016

Mendip Golf Club Limited
Notes to the Abbreviated Accounts
for the year ended 31 March 2016

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

	Turnover
	Turnover comprises members annual subscriptions, joining fees and non-playing members fees, and from operating a bar and restaurant.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Freehold Land	Nil
	Clubhouse	2% reducing balance
	Machinery shed	10% reducing balance
	Greens Equipment	20% reducing balance
	Professional's shop	5% straight line
	House & admin equipment	33% reducing balance
	Course irrigation	4% straight line



2	Tangible fixed assets		£

	Cost
	At 1 April 2015		1,409,606
	Additions		38,249
	Disposals		(2,840)
	At 31 March 2016		1,445,015

	Depreciation
	At 1 April 2015		641,646
	Charge for the year		46,302
	On disposals		(2,840)
	At 31 March 2016		685,108

	Net book value
	At 31 March 2016		759,907
	At 31 March 2015		767,960