PRESTON PARK TENNIS CLUB C.I.C.

Company Registration Number:
13080822 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

PRESTON PARK TENNIS CLUB C.I.C.

Contents of the Financial Statements

for the Period Ended 31 December 2023

Profit and loss
Balance sheet
Additional notes
Community Interest Report

PRESTON PARK TENNIS CLUB C.I.C.

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Turnover: 12,000 11,000
Cost of sales: ( 8,000 ) ( 7,500 )
Gross profit(or loss): 4,000 3,500
Distribution costs: 0 0
Administrative expenses: ( 3,500 ) ( 3,000 )
Operating profit(or loss): 500 500
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 500 500
Tax: 0 0
Profit(or loss) for the financial year: 500 500

PRESTON PARK TENNIS CLUB C.I.C.

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 1 1
Investments:   0 0
Total current assets: 1 1
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 1 1
Total assets less current liabilities: 1 1
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 1 1
Capital and reserves
Called up share capital: 1 1
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: 0 0
Total Shareholders' funds: 1 1

The notes form part of these financial statements

PRESTON PARK TENNIS CLUB C.I.C.

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 31 October 2024
and signed on behalf of the board by:

Name: Daniel Travis
Status: Director

The notes form part of these financial statements

PRESTON PARK TENNIS CLUB C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

PRESTON PARK TENNIS CLUB C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 1

COMMUNITY INTEREST ANNUAL REPORT

PRESTON PARK TENNIS CLUB C.I.C.

Company Number: 13080822 (England and Wales)

Year Ending: 31 December 2023

Company activities and impact

In the past financial year, our Community Interest Company (CIC) has made significant strides in fostering community engagement and promoting active lifestyles through tennis. Our initiatives have notably increased participation on local tennis courts by 50%, a testament to our commitment to accessibility and inclusivity. One of the major enhancements we've introduced is the installation of floodlights, allowing for extended playing hours and accommodating a broader range of players, including those with limited daylight availability. Our free junior tennis program, running weekdays from 4 pm to 6 pm, has been instrumental in encouraging young people to engage in sport. This initiative not only provides children with structured physical activity but also fosters a sense of teamwork and discipline, crucial for personal development. Furthermore, we have successfully established a dedicated junior section, offering young players opportunities to progress within a supportive environment. Through these programs, we’ve seen growing enthusiasm and community cohesion on and off the courts, empowering individuals and building connections within our local area. These efforts underscore our CIC’s mission to make tennis a widely accessible sport, reinforcing its role as a positive force within our community.

Consultation with stakeholders

Our company’s primary stakeholders include local tennis players, parents of junior tennis players, and individuals who regularly book the courts. We recognize these groups as essential voices in shaping our community-focused initiatives. To ensure their input informs our decisions, we hold face-to-face consultation meetings every two months, with invitations extended to all key stakeholders. These sessions provide a structured platform for stakeholders to share their perspectives, concerns, and suggestions directly with us. Through this feedback, we have implemented several improvements. For example, parents highlighted the need for more accessible and structured programs for younger players, which led to the creation of our free junior tennis program from 4 pm to 6 pm on weekdays. Local players also requested more flexible playing hours, prompting us to install floodlights to extend court availability. This ongoing consultation process ensures our initiatives remain aligned with the community’s evolving needs, reinforcing our commitment to inclusivity and accessibility.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
31 October 2024

And signed on behalf of the board by:
Name: Daniel Travis
Status: Director