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REGISTERED NUMBER: 07626287 (England and Wales)















MASTERCLASS TENNIS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2018






MASTERCLASS TENNIS LTD (REGISTERED NUMBER: 07626287)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 4


MASTERCLASS TENNIS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MAY 2018







DIRECTOR: J B Williams





SECRETARY: Mrs E L Williams





REGISTERED OFFICE: 10 Shadow Wood Drive
Miskin
Pontyclun
Rhondda Cynon Taff
CF72 8SX





REGISTERED NUMBER: 07626287 (England and Wales)





ACCOUNTANTS: Johns Jones & Lo Limited
Chartered Accountants
16 Lambourne Crescent
Cardiff Business Park
Llanishen
Cardiff
CF14 5GF

MASTERCLASS TENNIS LTD (REGISTERED NUMBER: 07626287)

BALANCE SHEET
31ST MAY 2018

2018 2017
Notes £    £   
CURRENT ASSETS
Debtors 4 1,328 -
Cash at bank 60,103 50,980
61,431 50,980
CREDITORS
Amounts falling due within one year 5 3,105 2,651
NET CURRENT ASSETS 58,326 48,329
TOTAL ASSETS LESS CURRENT
LIABILITIES

58,326

48,329

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 58,226 48,229
SHAREHOLDERS' FUNDS 58,326 48,329

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 9th November 2018 and were signed by:





J B Williams - Director


MASTERCLASS TENNIS LTD (REGISTERED NUMBER: 07626287)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2018

1. STATUTORY INFORMATION

Masterclass Tennis 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added
tax and other sales taxes.

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.

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 2 (2017 - 2 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 1,328 -

MASTERCLASS TENNIS LTD (REGISTERED NUMBER: 07626287)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MAY 2018

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Taxation and social security 2,345 1,752
Other creditors 760 899
3,105 2,651

6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st May 2018 and 31st May 2017:

2018 2017
£    £   
J B Williams
Balance outstanding at start of year (199 ) (199 )
Amounts advanced 215 -
Amounts repaid (234 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (218 ) (199 )

7. ULTIMATE CONTROLLING PARTY

The controlling party is J B Williams.

The ultimate controlling party is J B Williams.