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REGISTERED NUMBER: 10721009 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 April 2024

for

Open Tennis UK Limited

Open Tennis UK Limited (Registered number: 10721009)

Contents of the Financial Statements
for the Year Ended 30 April 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Open Tennis UK Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: M A Willis



REGISTERED OFFICE: 4 Fern Road
Downend
Bristol
BS16 5TD



REGISTERED NUMBER: 10721009 (England and Wales)



ACCOUNTANTS: HATS Gloucester Ltd
48 Hucclecote Road
Gloucester
Gloucestershire
GL3 3RS



BANKERS: Barclays Bank Plc
Business Direct
Leicester
LE87 2BB

Open Tennis UK Limited (Registered number: 10721009)

Statement of Financial Position
30 April 2024

30/4/24 30/4/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 119

CURRENT ASSETS
Cash at bank and in hand 2 1

CREDITORS
Amounts falling due within one year 5 1,995 760
NET CURRENT LIABILITIES (1,993 ) (759 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,993

)

(640

)

CREDITORS
Amounts falling due after more than one
year

6

545

1,025
NET LIABILITIES (2,538 ) (1,665 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (2,539 ) (1,666 )
SHAREHOLDERS' FUNDS (2,538 ) (1,665 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 January 2025 and were signed by:



M A Willis - Director


Open Tennis UK Limited (Registered number: 10721009)

Notes to the Financial Statements
for the Year Ended 30 April 2024


1. STATUTORY INFORMATION

Open Tennis UK 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 33% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Going concern
Despite net current liabilities of £1,993 at 30/04/2024 these accounts have been prepared on a going concern basis. The company has taken out a Government backed 'Bounce Back Loan' to assist with cash flow and the director has expressed his willingness to financially support the business for the foreseeable future. On the basis of this information, the director considers it appropriate to prepare the financial statements on a going concern basis.

3. EMPLOYEES AND DIRECTORS

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

Open Tennis UK Limited (Registered number: 10721009)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
Cost
At 1 May 2023
and 30 April 2024 2,000
Depreciation
At 1 May 2023 1,881
Charge for year 119
At 30 April 2024 2,000
Net book value
At 30 April 2024 -
At 30 April 2023 119

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/24 30/4/23
£    £   
Bank loans and overdrafts 410 497
Trade creditors 1 (1 )
Other creditors 1,584 264
1,995 760

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/4/24 30/4/23
£    £   
Bank loans 545 1,025