Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-01-01falseNo description of principal activity2falsetruefalse 02898993 2023-01-01 2023-12-31 02898993 2022-01-01 2022-12-31 02898993 2023-12-31 02898993 2022-12-31 02898993 c:Director1 2023-01-01 2023-12-31 02898993 d:Buildings d:ShortLeaseholdAssets 2023-01-01 2023-12-31 02898993 d:Buildings d:ShortLeaseholdAssets 2023-12-31 02898993 d:Buildings d:ShortLeaseholdAssets 2022-12-31 02898993 d:MotorVehicles 2023-01-01 2023-12-31 02898993 d:FurnitureFittings 2023-01-01 2023-12-31 02898993 d:FurnitureFittings 2023-12-31 02898993 d:FurnitureFittings 2022-12-31 02898993 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 02898993 d:OfficeEquipment 2023-01-01 2023-12-31 02898993 d:OfficeEquipment 2023-12-31 02898993 d:OfficeEquipment 2022-12-31 02898993 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 02898993 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 02898993 d:CurrentFinancialInstruments 2023-12-31 02898993 d:CurrentFinancialInstruments 2022-12-31 02898993 d:Non-currentFinancialInstruments 2023-12-31 02898993 d:Non-currentFinancialInstruments 2022-12-31 02898993 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 02898993 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 02898993 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 02898993 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 02898993 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-12-31 02898993 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-12-31 02898993 d:ShareCapital 2023-12-31 02898993 d:ShareCapital 2022-12-31 02898993 d:RetainedEarningsAccumulatedLosses 2023-12-31 02898993 d:RetainedEarningsAccumulatedLosses 2022-12-31 02898993 c:FRS102 2023-01-01 2023-12-31 02898993 c:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 02898993 c:FullAccounts 2023-01-01 2023-12-31 02898993 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 02898993 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 02898993









TENNIS LONDON LTD.







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
TENNIS LONDON LTD.
 
 
  
CHARTERED ACCOUNTANT'S REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF TENNIS LONDON LTD.
FOR THE YEAR ENDED 31 DECEMBER 2023

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of Tennis London Ltd. for the year ended 31 December 2023 which comprise  the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given me.

As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW)I am subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of Tennis London Ltd. in accordance with the terms of my engagement letter dated 03/08/2018My work has been undertaken solely to prepare for your approval the financial statements of Tennis London Ltd. and state those matters that I have agreed to state to the director of Tennis London Ltd. in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than Tennis London Ltd. and its director for my work or for this report. 

It is your duty to ensure that Tennis London Ltd. 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 Tennis London Ltd.. You consider that Tennis London Ltd. is exempt from the statutory audit requirement for the year.

I have not been instructed to carry out an audit or review of the financial statements of Tennis London Ltd.. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.

  



Drennan & Co
 
64 Belsize Park
London
NW3 4EH
16 August 2024
Page 1

 
TENNIS LONDON LTD.
REGISTERED NUMBER: 02898993

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
10,964
20,828

  
10,964
20,828

Current assets
  

Debtors: amounts falling due within one year
 5 
12,480
34,380

Cash at bank and in hand
 6 
226,702
230,223

  
239,182
264,603

Creditors: amounts falling due within one year
 7 
(118,267)
(176,246)

Net current assets
  
 
 
120,915
 
 
88,357

Total assets less current liabilities
  
131,879
109,185

Creditors: amounts falling due after more than one year
 8 
(28,253)
(39,324)

  

Net assets
  
103,626
69,861


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
103,624
69,859

  
103,626
69,861


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 16 August 2024.

Page 2

 
TENNIS LONDON LTD.
REGISTERED NUMBER: 02898993
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023


J. Doniger
Director

The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
TENNIS LONDON LTD.
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

The entity is a limited company registered in England & Wales. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Page 4

 
TENNIS LONDON LTD.
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Short-term leasehold property
-
10%
Motor vehicles
-
25%
Fixtures and fittings
-
25%
Office equipment
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.


3.


Employees

2023
2022
£
£

Wages and salaries
60,000
40,000

60,000
40,000


The average monthly number of employees, including directors, during the year was 2 (2022 - 2).

Page 5

 
TENNIS LONDON LTD.
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Tangible fixed assets





Short-term leasehold property
Fixtures and fittings
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 January 2023
44,976
16,048
14,979
76,003



At 31 December 2023

44,976
16,048
14,979
76,003



Depreciation


At 1 January 2023
25,016
15,573
14,586
55,175


Charge for the year on owned assets
8,996
475
393
9,864



At 31 December 2023

34,012
16,048
14,979
65,039



Net book value



At 31 December 2023
10,964
-
-
10,964



At 31 December 2022
19,960
475
393
20,828


5.


Debtors

2023
2022
£
£


Other debtors
12,480
34,380

12,480
34,380



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
226,702
230,223

226,702
230,223


Page 6

 
TENNIS LONDON LTD.
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
8,208
745

Other taxation and social security
-
30,906

Other creditors
110,059
144,595

118,267
176,246



8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bounce back loan
28,253
39,324

28,253
39,324


Loan under the Bounce Back regime with interest at 2.5%.


9.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£



Amounts falling due 2-5 years

Bank loans
28,253
39,324


28,253
39,324


28,253
39,324


 
Page 7