EA TENNIS GROUP CIC

Company limited by guarantee

Company Registration Number:
11281676 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 1 May 2023

End date: 30 April 2024

EA TENNIS GROUP CIC

Contents of the Financial Statements

for the Period Ended 30 April 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

EA TENNIS GROUP CIC

Directors' report period ended 30 April 2024

The directors present their report with the financial statements of the company for the period ended 30 April 2024

Directors

The directors shown below have held office during the whole of the period from
1 May 2023 to 30 April 2024

Michaela Worth
Edward Nieburg
Christopher Evans


Secretary Christopher Evans

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
23 January 2025

And signed on behalf of the board by:
Name: Christopher Evans
Status: Secretary

EA TENNIS GROUP CIC

Profit And Loss Account

for the Period Ended 30 April 2024

2024 2023


£

£
Turnover: 1,148,627 805,280
Cost of sales: ( 510,895 ) ( 327,957 )
Gross profit(or loss): 637,732 477,323
Distribution costs: 0 0
Administrative expenses: ( 641,681 ) ( 554,412 )
Other operating income: 0 0
Operating profit(or loss): (3,949) (77,089)
Interest receivable and similar income: 1,758 488
Interest payable and similar charges: ( 4,652 ) ( 2,409 )
Profit(or loss) before tax: (6,843) (79,010)
Tax: ( 7,465 ) ( 14,840 )
Profit(or loss) for the financial year: (14,308) (93,850)

EA TENNIS GROUP CIC

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 175,230 83,680
Total fixed assets: 175,230 83,680
Current assets
Stocks: 4 8,451 4,510
Debtors: 5 4,775 1,506
Cash at bank and in hand: 190,563 259,441
Total current assets: 203,789 265,457
Creditors: amounts falling due within one year: 6 ( 241,534 ) ( 181,848 )
Net current assets (liabilities): (37,745) 83,609
Total assets less current liabilities: 137,485 167,289
Creditors: amounts falling due after more than one year: 7 ( 48,665 ) ( 71,626 )
Provision for liabilities: ( 23,364 ) ( 15,899 )
Total net assets (liabilities): 65,456 79,764
Members' funds
Profit and loss account: 65,456 79,764
Total members' funds: 65,456 79,764

The notes form part of these financial statements

EA TENNIS GROUP CIC

Balance sheet statements

For the year ending 30 April 2024 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 23 January 2025
and signed on behalf of the board by:

Name: Christopher Evans
Status: Director

The notes form part of these financial statements

EA TENNIS GROUP CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets and depreciation Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Plant & machinery 25% straight line Motor vehicles 20% reducing Fixtures & fittings 33.3% straight line Computer equipment 33.3% straight line

    Other accounting policies

    Deferred taxation Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted. Pension costs The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due. Inventories Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion. Leased assets Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.

EA TENNIS GROUP CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 6 6

EA TENNIS GROUP CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 May 2023 0 4,780 9,312 6,591 81,580 102,263
Additions 56,500 67,948 314 504 125,266
Disposals
Revaluations
Transfers
At 30 April 2024 56,500 72,728 9,626 7,095 81,580 227,529
Depreciation
At 1 May 2023 0 2,263 5,861 5,020 5,439 18,583
Charge for year 4,237 13,278 2,112 1,036 13,053 33,716
On disposals
Other adjustments
At 30 April 2024 4,237 15,541 7,973 6,056 18,492 52,299
Net book value
At 30 April 2024 52,263 57,187 1,653 1,039 63,088 175,230
At 30 April 2023 0 2,517 3,451 1,571 76,141 83,680

EA TENNIS GROUP CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Stocks

2024 2023
£ £
Stocks 8,451 4,510
Total 8,451 4,510

EA TENNIS GROUP CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Debtors

2024 2023
£ £
Trade debtors 3,329 1,506
Prepayments and accrued income 1,446
Total 4,775 1,506

EA TENNIS GROUP CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 10,500 10,596
Amounts due under finance leases and hire purchase contracts 16,596 16,596
Trade creditors 44,496 17,305
Taxation and social security 23,487 11,491
Accruals and deferred income 127,910 92,515
Other creditors 18,545 33,345
Total 241,534 181,848

EA TENNIS GROUP CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

7. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 11,207 21,093
Amounts due under finance leases and hire purchase contracts 37,458 50,533
Total 48,665 71,626

COMMUNITY INTEREST ANNUAL REPORT

EA TENNIS GROUP CIC

Company Number: 11281676 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

Over the past financial year, our organisation has continued to deliver affordable and inclusive tennis activities, making a meaningful difference in communities across the UK. Our work has focused on areas such as Norwich, Newham, Brent, Redbridge, Hillingdon, Southwark, and rural villages in Norfolk, including Reepham and Lyng. This year, we proudly extended our efforts to the deprived areas of Barking and Dagenham, as well as launching a new project in Southend, broadening access to tennis for underserved communities. Our coaching programmes engaged more than 2,500 individuals in weekly tennis sessions, and we have maintained a strong presence in the education sector by supporting over 80 schools. This support includes free tennis sessions for pupils, as well as mentoring, training, and resources for teachers, helping to embed tennis into school curriculums and encouraging lifelong participation in sport. To ensure tennis is accessible to everyone, we introduced tailored sessions for individuals with visual impairments, promoting physical health, social connections, and confidence. Alongside this, we hosted free open days and community events, focusing on reaching minority groups, disabled individuals, and women, further promoting tennis as an inclusive activity. We have also expanded our free parks tennis initiative, providing families with the opportunity to attend weekly sessions at no cost. This initiative is supported by a growing network of volunteers and funded coaches, making tennis accessible to families from low-income backgrounds. Revenue generated from our programmes has been reinvested to enhance community facilities, ensuring they are presented to the highest standards for public use. This includes prioritising maintenance and updates at venues requiring restoration to their original condition, as well as making improvements such as the installation of smart access gate systems to enhance user convenience and security. Additional investment was directed toward upgrading internal spaces at venues to better support the health and fitness goals of players, coaches, and staff. These improvements include enhanced facilities for storage, the administration of community services, and spaces that contribute to overall well-being. For retired adults and families, we have increased the number of free sessions offered each week at our venues. This expansion, made possible by reinvesting profits, has furthered our commitment to providing opportunities for diverse community groups. In collaboration with local authorities and organisations such as MIND, we have delivered targeted mental health initiatives, including programmes for women experiencing postnatal depression. Our continued partnership with volunteer-led clubs has supported their development with funding advice, facility management guidance, and assistance with development plans, ensuring all participants have access to high-quality tennis venues.

Consultation with stakeholders

Our organisation is deeply committed to engaging with a diverse group of stakeholders to ensure their feedback and insights play a central role in shaping our activities and enhancing our community impact. The key stakeholder groups we work with, along with our methods of consultation and the actions taken in response, include: Local Tennis Clubs: We maintain strong relationships with local tennis clubs, providing ongoing support tailored to their needs. Engagement takes place through regular attendance at quarterly committee meetings and Annual General Meetings (AGMs), where we actively listen to their concerns and collaborate on development plans. Based on feedback, we have introduced initiatives such as additional training for club coaches and resources to enhance club programming. Local Authorities: Our partnerships with local councils are fostered through regular committee meetings and update bulletins. These relationships enable us to align our services with community priorities, particularly in underserved areas. In response to feedback, we have delivered targeted outreach programmes for minority groups and additional support initiatives for families in low-income areas. Local Schools and Facilities: Engagement with schools and community facilities includes organising free taster sessions, holding regular meetings, and providing feedback reports. These interactions have informed our development of tailored programmes that integrate tennis into school curriculums and after-school activities. Collaborations with charities have further enabled us to expand opportunities for pupils with disabilities and learning needs, ensuring inclusivity and equitable access to sport. Tennis Players and Parents: Players and parents are key stakeholders whose feedback we gather through surveys, discussion forums, and direct feedback forms. In response to their input, we have introduced additional family-friendly sessions, adapted coaching schedules to better accommodate participants, and increased opportunities for match play and recreational sessions. The Lawn Tennis Association (LTA): Our collaboration with the National Governing Body includes regular communication, joint initiatives, and alignment with national standards. This partnership has enabled us to access resources and insights that have improved the quality of our programmes and enhanced opportunities for all participants. Charities and Community Organisations: We have collaborated with several charities to create additional opportunities for individuals with disabilities, learning needs, and those in underrepresented groups. These partnerships have allowed us to deliver tailored sessions in schools and communities, breaking down barriers to participation and promoting inclusivity. Through these various consultation methods, we actively listen to our stakeholders and translate their feedback into tangible improvements. This collaborative approach enables us to continuously refine our services, create meaningful opportunities for all, and achieve a greater positive impact on the communities we serve.

Directors' remuneration

Two directors received remuneration under the PAYE system - as detailed within the company accounts

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
23 January 2025

And signed on behalf of the board by:
Name: Christopher Evans
Status: Director