Registration number:
Canterbury Lawn Tennis Club Trustees Ltd
(A company limited by guarantee)
for the Year Ended 30 June 2024
Canterbury Lawn Tennis Club Trustees Ltd
Contents
Company Information |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
Canterbury Lawn Tennis Club Trustees Ltd
Company Information
Directors |
Ms Sharon Chastang Philip Whittaker Ms Jeanne Taylor Mr Brian David Phillips Mr Lawrence Groves |
Company secretary |
Ms Sharon Chastang |
Registered office |
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Canterbury Lawn Tennis Club Trustees Ltd
(Registration number: 00849268)
Balance Sheet as at 30 June 2024
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Fixed assets |
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Current assets |
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Debtors |
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Investments |
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Cash at bank and in hand |
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Current assets |
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Creditors: Amounts falling due within one year |
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Net current assets |
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Capital and reserves |
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General information |
The company is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.
The address of its registered office is:
These financial statements were authorised for issue by the
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Canterbury Lawn Tennis Club Trustees Ltd
(Registration number: 00849268)
Balance Sheet as at 30 June 2024
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Approved and authorised by the
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Prior year Adjustment
During the year a review of the lease held by Canterbury Lawn Tennis Club at Polo Farm revealed that the lease itself was not held by Canterbury Lawn Tennis Club Trustees Limited, though it had been treated as such for many years and the cost of that lease had been shown in the Company's Balance Sheet.
It is now clear that in this capacity the Company is a trustee of Canterbury Lawn Tennis Club and it is the Club that actually owns the lease.
To correct this historical error the lease has been removed from the Balance Sheet of the Company and the correct legal position is now reflected in the accounts.
The Company has, over the years paid for certain long term additions to the land that Canterbury Lawn Tennis Club has access to under the terms of the lease and these have been retained in the Balance Sheet and are being depreciated over 20 years on a straight line basis.
The effect of the prior year adjustment is to reduce the retained reserves by £394,245 and the Fixed Assets by the same sum.