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REGISTERED NUMBER: OC403267 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

CHALLENGE - TENNIS LLP

CHALLENGE - TENNIS LLP (REGISTERED NUMBER: OC403267)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CHALLENGE - TENNIS LLP

GENERAL INFORMATION
for the Year Ended 31 March 2024







DESIGNATED MEMBERS: J Goodchild
H Phillips





REGISTERED OFFICE: C/O Hillier Hopkins Llp
First Floor, Radius House
51 Clarendon Road
Watford
Hertfordshire
WD17 1HP





REGISTERED NUMBER: OC403267 (England and Wales)





ACCOUNTANTS: Hillier Hopkins Accountants Limited
Trading as Colin Gray & Co
Radius House
51 Clarendon Road
Watford
Hertfordshire
WD17 1HP

CHALLENGE - TENNIS LLP (REGISTERED NUMBER: OC403267)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 765 1,021

CURRENT ASSETS
Debtors 5 25,357 23,058
Cash at bank 6,726 14,068
32,083 37,126
CREDITORS
Amounts falling due within one year 6 11,791 12,074
NET CURRENT ASSETS 20,292 25,052
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,057

26,073

CREDITORS
Amounts falling due after more than one
year

7

18,696

21,413
NET ASSETS ATTRIBUTABLE TO
MEMBERS

2,361

4,660

LOANS AND OTHER DEBTS DUE TO
MEMBERS

2,361

4,660

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 2,361 4,660
Amounts due from members 5 (12,294 ) (9,995 )
(9,933 ) (5,335 )

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2024.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

CHALLENGE - TENNIS LLP (REGISTERED NUMBER: OC403267)

BALANCE SHEET - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 27 March 2025 and were signed by:





J Goodchild - Designated member

CHALLENGE - TENNIS LLP (REGISTERED NUMBER: OC403267)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Challenge - Tennis LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. 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 etc - 25% on reducing balance

3. EMPLOYEE INFORMATION

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 7,205
DEPRECIATION
At 1 April 2023 6,184
Charge for year 256
At 31 March 2024 6,440
NET BOOK VALUE
At 31 March 2024 765
At 31 March 2023 1,021

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 25,357 23,058

CHALLENGE - TENNIS LLP (REGISTERED NUMBER: OC403267)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 8,565 8,565
Other creditors 3,226 3,509
11,791 12,074

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 18,696 21,413