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REGISTERED NUMBER: 02610485 (England and Wales)

















Unaudited Financial Statements

For The Year Ended 31 July 2017

for

Toot Hill Golf Club Limited
Toot Hill Golf Club Limited (Registered number: 02610485)

Contents of the Financial Statements
For The Year Ended 31 July 2017










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Toot Hill Golf Club Limited

Company Information
For The Year Ended 31 July 2017







DIRECTORS: R J Cameron
Mrs C J Cameron





SECRETARY: Mrs C J Cameron





REGISTERED OFFICE: School Road
Toot Hill
Ongar
Essex
CM5 9PU





REGISTERED NUMBER: 02610485 (England and Wales)





ACCOUNTANTS: Giess Wallis Crisp LLP
10-12 Mulberry Green
Old Harlow
Essex
CM17 0ET
Toot Hill Golf Club Limited (Registered number: 02610485)

Abridged Balance Sheet
31 July 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,923,677 1,871,128

CURRENT ASSETS
Stocks 12,000 12,000
Debtors 17,854 16,129
Cash at bank and in hand 418,383 192,019
448,237 220,148
CREDITORS
Amounts falling due within one year 535,257 319,043
NET CURRENT LIABILITIES (87,020 ) (98,895 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,836,657

1,772,233

CREDITORS
Amounts falling due after more than one
year

(106,421

)

(113,462

)

PROVISIONS FOR LIABILITIES (66,407 ) (61,167 )
NET ASSETS 1,663,829 1,597,604

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,663,729 1,597,504
SHAREHOLDERS' FUNDS 1,663,829 1,597,604

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end
of each financial year and of its profit or loss for each financial year in accordance with the requirements of
Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to
financial statements, so far as applicable to the company.
Toot Hill Golf Club Limited (Registered number: 02610485)

Abridged Balance Sheet - continued
31 July 2017


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 July 2017 in accordance with Section 444(2A) of the Companies Act 2006.

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 17 November 2017 and were signed on its behalf
by:





R J Cameron - Director

Toot Hill Golf Club Limited (Registered number: 02610485)

Notes to the Financial Statements
For The Year Ended 31 July 2017


1. STATUTORY INFORMATION

Toot Hill Golf Club Limited is a private company, limited by shares , registered in England and Wales. 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
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Annual subscriptions are allocated on an accruals basis as income in the periods to which they relate.

All other income is credited in the period in which it is received.

All turnover is derived in the United Kingdom.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings - 2% on cost
Plant and machinery etc - Straight line over 5 years and Straight line over 10 years

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and
slow moving items.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those
held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance
leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element
of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.
Toot Hill Golf Club Limited (Registered number: 02610485)

Notes to the Financial Statements - continued
For The Year Ended 31 July 2017


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 45 (2016 - 43 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 August 2016 3,244,880
Additions 368,142
Disposals (254,367 )
At 31 July 2017 3,358,655
DEPRECIATION
At 1 August 2016 1,373,752
Charge for year 185,772
Eliminated on disposal (124,546 )
At 31 July 2017 1,434,978
NET BOOK VALUE
At 31 July 2017 1,923,677
At 31 July 2016 1,871,128

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 August 2016 246,994
Additions 104,000
At 31 July 2017 350,994
DEPRECIATION
At 1 August 2016 96,247
Charge for year 72,749
At 31 July 2017 168,996
NET BOOK VALUE
At 31 July 2017 181,998
At 31 July 2016 150,747

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