Chorlton Cum Hardy Golf Club (2017) Limited

The principal activity of the company is the golf and other social activities of Chorlton Cum Hardy Golf Club. This business was formerly an unincorporated entity and was acquired by the company for nil consideration at close of business on 31 March 2018 at which time it had net liabilities of £129,077. On acquisition an intangible asset of this amount was recognised for the value attributed to the club membership income, which is being amortised over 15 years. The company made an operating profit of £29,237 (2024: loss of £21,268) which includes £8,558 (2024: £8,558) of non-cash amortisation of intangible assets, so the underlying profit was £37,795 (2024: loss of £12,710). The directors are encouraged with the growth of the business and the level of recurring membership income. Golf activities are performed on a 79 acre site in Chortlton Cum Hardy, Manchester, which incorporates the Grade 2 listed building Barlow Hall. This site is owned by Barlow Hall Manor Ltd, in which the company owns approximately 33% (2024: 33%) of the share capital at the balance sheet date, having acquired a minority interest in May 2019. The company is responsible for the maintenance and repair of Barlow Hall, for which the provision in these accounts is £27,032 (2024: £20,700) for work on the roof, chimneys and decking. In addition to funding provided by operations the company has a Government bounce back loan of £28,834 repayable over 10 years and an overdraft facility of £30,000 which was unutilised at 31 March 2025.