Woking Golf Club Estates Limited - Accounts to registrar (filleted) - small 18.2
Woking Golf Club Estates Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| WOKING GOLF CLUB ESTATES LIMITED |
| FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2018 |
| WOKING GOLF CLUB ESTATES LIMITED (REGISTERED NUMBER: 00071601) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the year ended 31 December 2018 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| WOKING GOLF CLUB ESTATES LIMITED |
| COMPANY INFORMATION |
| for the year ended 31 December 2018 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| AUDITORS: |
| Chartered Accountants |
| and Statutory Auditors |
| Station House |
| Connaught Road |
| Brookwood |
| Woking |
| Surrey |
| GU24 0ER |
| WOKING GOLF CLUB ESTATES LIMITED (REGISTERED NUMBER: 00071601) |
| BALANCE SHEET |
| 31 December 2018 |
| 2018 | 2017 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 | ( |
) | ( |
) |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
6 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | 7 | ( |
) | ( |
) |
| NET ASSETS |
| RESERVES |
| Capital redemption reserve | 8 |
| Income and expenditure account | 8 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on |
| WOKING GOLF CLUB ESTATES LIMITED (REGISTERED NUMBER: 00071601) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the year ended 31 December 2018 |
| 1. | STATUTORY INFORMATION |
| Woking Golf Club Estates Limited is a |
| The company's registered number and registered office address can be found on the Company Information page. |
| 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. |
| Turnover represents net invoiced sales of services, excluding value added tax. Where the service is provided |
| gradually over time, income is recognised as the right to consideration as it falls due. |
| Tangible fixed assets |
| Land and buildings | - |
| Plant and machinery etc | - |
| Taxation |
| Taxation 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 tax |
| Deferred 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. |
| WOKING GOLF CLUB ESTATES LIMITED (REGISTERED NUMBER: 00071601) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 31 December 2018 |
| 3. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Freehold | Plant and | and |
| property | machinery | fittings | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 January 2018 |
| and 31 December 2018 |
| DEPRECIATION |
| At 1 January 2018 |
| Charge for year |
| At 31 December 2018 |
| NET BOOK VALUE |
| At 31 December 2018 |
| At 31 December 2017 |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| VAT |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Tax |
| Other creditors |
| Accrued expenses |
| 6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Loan Stock | 174,070 | 174,070 |
| The loan stock is owned by Woking golf Club. No interest is paid (2017: £Nil). |
| 7. | PROVISIONS FOR LIABILITIES |
| 2018 | 2017 |
| £ | £ |
| Deferred tax | 1,503 | 1,976 |
| WOKING GOLF CLUB ESTATES LIMITED (REGISTERED NUMBER: 00071601) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 31 December 2018 |
| 7. | PROVISIONS FOR LIABILITIES - continued |
| Deferred |
| tax |
| £ |
| Balance at 1 January 2018 |
| Provided during year | ( |
) |
| Balance at 31 December 2018 |
| 8. | RESERVES |
| Income |
| and | Capital |
| expenditure | redemption |
| account | reserve | Totals |
| £ | £ | £ |
| At 1 January 2018 | 138,441 |
| Deficit for the year | ( |
) | ( |
) |
| At 31 December 2018 | 136,042 |
| 9. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
| The Report of the Auditors was unqualified. |
| for and on behalf of |
| 10. | COMPANY LIMITED BY GUARANTEE |
| The company is limited by guarantee and has no share capital. |
| Every member of the company undertakes to contribute to the assets of the company, in the event of a winding |
| up, such an amount as may be required not exceeding £5. |