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REGISTERED NUMBER: 00077415 (England and Wales)















THE FOSSE GOLF COMPANY (LEICESTER) LTD

Financial Statements

for the Year Ended 31 December 2016






THE FOSSE GOLF COMPANY (LEICESTER) LTD (REGISTERED NUMBER: 00077415)






Contents of the Financial Statements
for the year ended 31 December 2016




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


THE FOSSE GOLF COMPANY (LEICESTER) LTD

Company Information
for the year ended 31 December 2016







DIRECTORS: D W Godfrey
M M Potter
J E Russell
M Bishop
N Bathia
S R Marriott





SECRETARY: N Bathia





REGISTERED OFFICE: Station Road
Birstall
Leicester
LE4 3BB





REGISTERED NUMBER: 00077415 (England and Wales)





ACCOUNTANTS: Accapita LLP
Chartered Certified Accountants
Christopher House
94b London Road
Leicester
LE2 0QS

THE FOSSE GOLF COMPANY (LEICESTER) LTD (REGISTERED NUMBER: 00077415)

Balance Sheet
31 December 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 226,464 241,142

CURRENT ASSETS
Cash at bank 63,691 27,067

CREDITORS
Amounts falling due within one year 4 107,242 78,474
NET CURRENT LIABILITIES (43,551 ) (51,407 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

182,913

189,735

CREDITORS
Amounts falling due after more than one
year

5

113,764

121,937
NET ASSETS 69,149 67,798

CAPITAL AND RESERVES
Called up share capital 868 868
Retained earnings 68,281 66,930
SHAREHOLDERS' FUNDS 69,149 67,798

THE FOSSE GOLF COMPANY (LEICESTER) LTD (REGISTERED NUMBER: 00077415)

Balance Sheet - continued
31 December 2016


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 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.

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.

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 11 April 2017 and were signed on its
behalf by:





M M Potter - Director


THE FOSSE GOLF COMPANY (LEICESTER) LTD (REGISTERED NUMBER: 00077415)

Notes to the Financial Statements
for the year ended 31 December 2016

1. STATUTORY INFORMATION

The Fosse Golf Company (Leicester) Ltd 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
Turnover represents amounts receivable from Birstall Golf Club for use of the land and compound
development, excluding value added tax.

Tangible fixed assets
In accordance with Statement of Standard Accounting Practice 19 no depreciation is provided in
respect of the original cost of the freehold investment property. The directors consider that this
accounting policy results in the accounts giving a true and fair view because the residual value is
always expected to exceed original cost. It is not the policy of the directors to carry out an annual
revaluation of the property as required by that statement. The additions relate to the compound and
are being depreciated at 5% per annum.

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 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.

THE FOSSE GOLF COMPANY (LEICESTER) LTD (REGISTERED NUMBER: 00077415)

Notes to the Financial Statements - continued
for the year ended 31 December 2016

3. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 January 2016
and 31 December 2016 318,609
DEPRECIATION
At 1 January 2016 77,467
Charge for year 14,678
At 31 December 2016 92,145
NET BOOK VALUE
At 31 December 2016 226,464
At 31 December 2015 241,142

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Bank loans and overdrafts 16,820 18,838
Trade creditors 1 -
Taxation and social security 4,007 4,047
Other creditors 86,414 55,589
107,242 78,474

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2016 2015
£    £   
Bank loans 113,764 121,937

Amounts falling due in more than five years:

Repayable by instalments
Bank loans due after more than
5 years and repayable by
instalments 39,500 39,642
39,500 39,642

THE FOSSE GOLF COMPANY (LEICESTER) LTD (REGISTERED NUMBER: 00077415)

Notes to the Financial Statements - continued
for the year ended 31 December 2016

6. SECURED DEBTS

The following secured debts are included within creditors:

2016 2015
£    £   
Bank loans 130,584 140,775

The bank loan is secured by a first fixed legal charge on all the land and buildings of The Fosse Golf
Company (Leicester) Limited, and its associated assets.

7. ULTIMATE CONTROLLING PARTY

The company is controlled by the members of Birstall Golf Club.

8. CURRENT ASSET INVESTMENTS

During 1997 the company received 250 ordinary shares in Alliance & Leicester plc at no cost on the
conversion of the Alliance & Leicester building society to a public limited company. These shares
were converted into 83 Shares in Banco Santander following its take over of Alliance & Leicester Plc
in 2008.

Market Values 2016 2015
£ £

Banco Santander 347 281