IRIS Accounts Production v24.1.9.2 11295012 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh112950122023-03-31112950122024-03-31112950122023-04-012024-03-31112950122022-03-31112950122022-04-012023-03-31112950122023-03-3111295012ns15:EnglandWales2023-04-012024-03-3111295012ns14:PoundSterling2023-04-012024-03-3111295012ns10:Director12023-04-012024-03-3111295012ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3111295012ns10:SmallEntities2023-04-012024-03-3111295012ns10:AuditExemptWithAccountantsReport2023-04-012024-03-3111295012ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3111295012ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3111295012ns10:FullAccounts2023-04-012024-03-311129501212023-04-012024-03-3111295012ns10:Director22023-04-012024-03-3111295012ns10:RegisteredOffice2023-04-012024-03-3111295012ns5:CurrentFinancialInstruments2024-03-3111295012ns5:CurrentFinancialInstruments2023-03-3111295012ns5:Non-currentFinancialInstruments2024-03-3111295012ns5:Non-currentFinancialInstruments2023-03-3111295012ns5:ShareCapital2024-03-3111295012ns5:ShareCapital2023-03-3111295012ns5:RetainedEarningsAccumulatedLosses2024-03-3111295012ns5:RetainedEarningsAccumulatedLosses2023-03-3111295012ns5:NetGoodwill2023-04-012024-03-3111295012ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3111295012ns5:PlantMachinery2023-04-012024-03-3111295012ns5:FurnitureFittings2023-04-012024-03-3111295012ns5:ComputerEquipment2023-04-012024-03-3111295012ns5:NetGoodwill2023-03-3111295012ns5:NetGoodwill2024-03-3111295012ns5:NetGoodwill2023-03-3111295012ns5:PlantMachinery2023-03-3111295012ns5:FurnitureFittings2023-03-3111295012ns5:ComputerEquipment2023-03-3111295012ns5:PlantMachinery2024-03-3111295012ns5:FurnitureFittings2024-03-3111295012ns5:ComputerEquipment2024-03-3111295012ns5:PlantMachinery2023-03-3111295012ns5:FurnitureFittings2023-03-3111295012ns5:ComputerEquipment2023-03-3111295012ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3111295012ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3111295012ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2024-03-3111295012ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-03-3111295012ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-03-3111295012ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-03-3111295012ns5:DeferredTaxation2023-03-3111295012ns5:DeferredTaxation2023-04-012024-03-3111295012ns5:DeferredTaxation2024-03-31
REGISTERED NUMBER: 11295012 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Skipton Tennis Centre Limited

Skipton Tennis Centre Limited (Registered number: 11295012)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Skipton Tennis Centre Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: A G Cox
Mrs E L Cox





REGISTERED OFFICE: 57 Glista Mill
Broughton Road
Skipton
North Yorkshire
BD23 1FL





REGISTERED NUMBER: 11295012 (England and Wales)





ACCOUNTANTS: Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS

Skipton Tennis Centre Limited (Registered number: 11295012)

Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £   
FIXED ASSETS
Intangible assets 4 6,000 7,000
Tangible assets 5 41,286 55,977
47,286 62,977

CURRENT ASSETS
Debtors 6 4,257 4,442
Cash at bank 79,254 32,785
83,511 37,227
CREDITORS
Amounts falling due within one year 7 (62,499 ) (24,424 )
NET CURRENT ASSETS 21,012 12,803
TOTAL ASSETS LESS CURRENT
LIABILITIES

68,298

75,780

CREDITORS
Amounts falling due after more than one
year

8

(4,874

)

(9,053

)

PROVISIONS FOR LIABILITIES 9 (10,321 ) (10,636 )
NET ASSETS 53,103 56,091

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 53,102 56,090
SHAREHOLDERS' FUNDS 53,103 56,091

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

Skipton Tennis Centre Limited (Registered number: 11295012)

Statement of Financial Position - continued
31 March 2024



The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2024 and were signed on its behalf by:





A G Cox - Director


Skipton Tennis Centre Limited (Registered number: 11295012)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Skipton Tennis Centre 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the amounts received or receivable for goods and services provided to customers, excluding VAT.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of the business, is being amortised evenly over its estimated useful life of 10 years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Skipton Tennis Centre Limited (Registered number: 11295012)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 10,000
AMORTISATION
At 1 April 2023 3,000
Charge for year 1,000
At 31 March 2024 4,000
NET BOOK VALUE
At 31 March 2024 6,000
At 31 March 2023 7,000

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2023 60,917 22,928 2,503 86,348
Additions 331 - - 331
At 31 March 2024 61,248 22,928 2,503 86,679
DEPRECIATION
At 1 April 2023 17,957 10,909 1,505 30,371
Charge for year 12,114 2,404 504 15,022
At 31 March 2024 30,071 13,313 2,009 45,393
NET BOOK VALUE
At 31 March 2024 31,177 9,615 494 41,286
At 31 March 2023 42,960 12,019 998 55,977

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 3,427 3,442
Other debtors - 1,000
Prepayments 830 -
4,257 4,442

Skipton Tennis Centre Limited (Registered number: 11295012)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 4,178 4,178
Trade creditors 984 947
Tax 10,377 (2 )
Social security and other taxes 1,577 371
VAT 10,332 3,899
Other creditors 9,556 -
Directors' current accounts 19,207 13,331
Accrued expenses 6,288 1,700
62,499 24,424

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans - 1-2 years 4,178 4,178
Bank loans - 2-5 years 696 4,875
4,874 9,053

9. PROVISIONS FOR LIABILITIES
31.3.24 31.3.23
£    £   
Deferred tax 10,321 10,636

Deferred
tax
£   
Balance at 1 April 2023 10,636
Provided during year (315 )
Balance at 31 March 2024 10,321

10. ULTIMATE CONTROLLING PARTY

The controlling party is A G Cox.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Skipton Tennis Centre Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Skipton Tennis Centre Limited for the year ended 31 March 2024 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Skipton Tennis Centre Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Skipton Tennis Centre Limited and state those matters that we have agreed to state to the Board of Directors of Skipton Tennis Centre Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Skipton Tennis Centre Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Skipton Tennis Centre Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Skipton Tennis Centre Limited. You consider that Skipton Tennis Centre Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Skipton Tennis Centre Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS


31 July 2024