for the Period Ended 31 December 2023
Profit and loss | |
Balance sheet | |
Additional notes | |
Community Interest Report |
for the Period Ended
2023 | 2022 | |
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Turnover: |
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Cost of sales: |
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Gross profit(or loss): |
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Distribution costs: |
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Administrative expenses: |
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Operating profit(or loss): |
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Interest receivable and similar income: |
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Interest payable and similar charges: |
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Profit(or loss) before tax: |
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Tax: |
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Profit(or loss) for the financial year: |
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As at
Notes | 2023 | 2022 | |
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Called up share capital not paid: |
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Fixed assets | |||
Intangible assets: |
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Tangible assets: |
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Investments: |
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Current assets | |||
Stocks: |
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Cash at bank and in hand: |
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Investments: |
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Total current assets: |
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Creditors: amounts falling due within one year: |
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Creditors: amounts falling due after more than one year: |
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Capital and reserves | |||
Called up share capital: |
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Share premium account: |
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Other reserves: |
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Profit and loss account: |
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Total Shareholders' funds: |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 December 2023
Basis of measurement and preparation
for the Period Ended 31 December 2023
2023 | 2022 | |
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Average number of employees during the period |
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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.
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.
No remuneration was received
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