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REGISTERED NUMBER: 07562591 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

5 STAR TENNIS HOLIDAYS LIMITED

5 STAR TENNIS HOLIDAYS LIMITED (REGISTERED NUMBER: 07562591)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


5 STAR TENNIS HOLIDAYS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2025







DIRECTOR: M A Lawrence





REGISTERED OFFICE: 128 City Road,
London
EC1V 2NX





REGISTERED NUMBER: 07562591 (England and Wales)





ACCOUNTANTS: Solazzo & Co Ltd
Chartered Accountants
Woodlands,
27 Ferney Road
Cheshunt
Hertfordshire
EN7 6XQ

5 STAR TENNIS HOLIDAYS LIMITED (REGISTERED NUMBER: 07562591)

BALANCE SHEET
28 FEBRUARY 2025

28.2.25 29.2.24
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 34,172 47,881
Investments 6 250,000 250,000
284,172 297,881

CURRENT ASSETS
Work in progress 421,198 423,461
Debtors 7 808,211 721,622
Cash at bank 212,520 178,976
1,441,929 1,324,059
CREDITORS
Amounts falling due within one year 8 1,285,152 1,242,558
NET CURRENT ASSETS 156,777 81,501
TOTAL ASSETS LESS CURRENT
LIABILITIES

440,949

379,382

CREDITORS
Amounts falling due after more than one
year

9

(23,923

)

(44,802

)

PROVISIONS FOR LIABILITIES 10 (8,543 ) -
NET ASSETS 408,483 334,580

5 STAR TENNIS HOLIDAYS LIMITED (REGISTERED NUMBER: 07562591)

BALANCE SHEET - continued
28 FEBRUARY 2025

28.2.25 29.2.24
Notes £    £    £   
CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 12 408,383 334,480
SHAREHOLDERS' FUNDS 408,483 334,580

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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 1 May 2025 and were signed by:





M A Lawrence - Director


5 STAR TENNIS HOLIDAYS LIMITED (REGISTERED NUMBER: 07562591)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

1. STATUTORY INFORMATION

5 Star Tennis Holidays 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
Income relating to sales as principal where the customer contracts directly with the company for the provision of non-cancellable travel and accommodation services is recognised in the financial year in which the travel services are completed.
Payments received from customers are credited to a client account maintained by an independent third party. Expenditure on travel, accommodation and other services is recognised when the holiday has been completed. Otherwise, costs incurred in advance of the holiday are included as work in progess and income received to date is included under current liabilities as deferred income or within creditors falling due after more than one year if the services are expected to be performed more than twelve months from the reporting date.
Cancellation income in respect of amounts paid on bookings cancelled by the customer prior to departure is recognised only when there is reasonable probability that there will be no claims made against the company on the forfeited amount.

Purchases
Purchases represents the cost of flight and accommodation bookings and other directly related costs net of refunds.

INTANGIBLE ASSETS
Expenditure incurred on the registration of domain names is being written off on a straight line basis over four years.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

WORK IN PROGRESS
Work in progress is stated at the lower of cost or net realisable value.


5 STAR TENNIS HOLIDAYS LIMITED (REGISTERED NUMBER: 07562591)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025

2. ACCOUNTING POLICIES - continued
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 balance sheet date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

FOREIGN CURRENCIES
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

HIRE PURCHASE AND LEASING COMMITMENTS
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

FINANCIAL INSTRUMENTS AND CASH AND CASH EQUIVALENTS
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and recorded at the initial transaction cost. A provision for non-recovery of debtors is made where management consider that a risk exists that the company will not be able to recover fully amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank.

5 STAR TENNIS HOLIDAYS LIMITED (REGISTERED NUMBER: 07562591)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 March 2024
and 28 February 2025 2,177
AMORTISATION
At 1 March 2024
and 28 February 2025 2,177
NET BOOK VALUE
At 28 February 2025 -
At 29 February 2024 -

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2024
and 28 February 2025 1,050 62,590 22,958 86,598
DEPRECIATION
At 1 March 2024 598 18,798 19,321 38,717
Charge for year 226 10,948 2,535 13,709
At 28 February 2025 824 29,746 21,856 52,426
NET BOOK VALUE
At 28 February 2025 226 32,844 1,102 34,172
At 29 February 2024 452 43,792 3,637 47,881

5 STAR TENNIS HOLIDAYS LIMITED (REGISTERED NUMBER: 07562591)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 March 2024
and 28 February 2025 62,590
DEPRECIATION
At 1 March 2024 18,798
Charge for year 10,948
At 28 February 2025 29,746
NET BOOK VALUE
At 28 February 2025 32,844
At 29 February 2024 43,792

6. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
28.2.25 29.2.24
£    £   
Other investment 250,000 250,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Other debtors 608,001 597,314
Directors' current accounts 165,778 122,086
Prepayments and accrued income 34,432 2,222
808,211 721,622

5 STAR TENNIS HOLIDAYS LIMITED (REGISTERED NUMBER: 07562591)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 10,879 10,234
Trade creditors 116,564 37,506
Corporation tax 117,932 85,592
Social security and other taxes 140,473 140,599
Other creditors - 29,738
Accruals and deferred income 889,304 928,889
1,285,152 1,242,558

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
28.2.25 29.2.24
£    £   
Bank loans - 1-2 years 3,333 10,000
Bank loans - 2-5 years - 3,333
Hire purchase contracts 20,590 31,469
23,923 44,802

10. PROVISIONS FOR LIABILITIES
28.2.25 29.2.24
£    £   
Deferred tax 8,543 -

Deferred
tax
£   
Provided during year 8,543
Balance at 28 February 2025 8,543

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.25 29.2.24
value: £    £   
100 Ordinary £1 100 100

5 STAR TENNIS HOLIDAYS LIMITED (REGISTERED NUMBER: 07562591)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025

12. RESERVES
Retained
earnings
£   

At 1 March 2024 334,480
Profit for the year 73,903
At 28 February 2025 408,383

13. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 28 February 2025 and the period ended 29 February 2024:

28.2.25 29.2.24
£    £   
M A Lawrence
Balance outstanding at start of year 122,086 -
Amounts advanced 216,683 143,648
Amounts repaid (172,991 ) (21,562 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 165,778 122,086

Interest is charged by the company on the average loan amount outstanding throughout the year. The amount receivable in the period under review was £3,932 (2024-£1,878).

14. RELATED PARTY DISCLOSURES

During the year, the company was charged for services provided by Goodlaw Professional Tennis Coaching Ltd totalling £20,000 (2024-£80,000).This is a company in which M A Lawrence is acting as a director. In addition, the company has provided interest free loans to Goodlaw. The amount due from Goodlaw at the Balance Sheet date was £564,385 (2024- £543,268).

During the year the company was charged for services provided by School Tennis Tours Ltd amounting to £85,000 (2024-£55,000). This is a company in which M A Lawrence is the sole director and shareholder. In addition the company has provided short term loans on an interest free basis. The amount due from School Tennis Tours Ltd at the year end was £2,736 (2024-£4,593 owed to School Tennis Tours Ltd).