Mendip Golf Club Limited - Abbreviated accounts

Registered number

00762710

Mendip Golf Club Limited

Abbreviated Accounts

31 March 2014

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 2014
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 2014 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
Westfield Business Centre
32 Second Avenue
Radstock
Somerset
BA3 4BH

10 July 2014

Mendip Golf Club Limited
Registered number:		00762710
Abbreviated Balance Sheet
as at 31 March 2014

Notes			2014			2013
£				£
Fixed assets
Tangible assets	2		720,712			710,319

Current assets
Debtors		2,914			7,975
Cash at bank and in hand		52,581			64,741
		55,495			72,716

Creditors: amounts falling due within one year		(187,832)			(215,961)

Net current liabilities			(132,337)			(143,245)

Net assets			588,375			567,074

Capital and reserves
Profit and loss account			588,375			567,074

Shareholders' funds			588,375			567,074

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.



I Fairclough
Director
Approved by the board on 30 June 2014

Mendip Golf Club Limited
Notes to the Abbreviated Accounts
for the year ended 31 March 2014

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.

	Greens Equipment	20% reducing balance
	Professional's shop	5% straight line


2	Tangible fixed assets		£

	Cost
	At 1 April 2013		1,273,919
	Additions		47,650
	At 31 March 2014		1,321,569

	Depreciation
	At 1 April 2013		563,600
	Charge for the year		37,257
	At 31 March 2014		600,857

	Net book value
	At 31 March 2014		720,712
	At 31 March 2013		710,319