| REGISTERED NUMBER: |
| Financial Statements |
| for the Year Ended 31 October 2024 |
| for |
| THONGSBRIDGE TENNIS AND FITNESS LIMITED |
| REGISTERED NUMBER: |
| Financial Statements |
| for the Year Ended 31 October 2024 |
| for |
| THONGSBRIDGE TENNIS AND FITNESS LIMITED |
| THONGSBRIDGE TENNIS AND FITNESS LIMITED (REGISTERED NUMBER: 05610374) |
| Contents of the Financial Statements |
| for the Year Ended 31 October 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| THONGSBRIDGE TENNIS AND FITNESS LIMITED |
| Company Information |
| for the Year Ended 31 October 2024 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Lloyds Bank Chambers |
| Hustlergate |
| Bradford |
| BD1 1UQ |
| THONGSBRIDGE TENNIS AND FITNESS LIMITED (REGISTERED NUMBER: 05610374) |
| Balance Sheet |
| 31 October 2024 |
| 2024 | 2023 |
| Notes | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stock and work in progress |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
| NET ASSETS |
| RESERVES |
| Sinking fund |
| Income and expenditure account |
| The directors acknowledge their 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 surplus or deficit 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. |
| THONGSBRIDGE TENNIS AND FITNESS LIMITED (REGISTERED NUMBER: 05610374) |
| Balance Sheet - continued |
| 31 October 2024 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| THONGSBRIDGE TENNIS AND FITNESS LIMITED (REGISTERED NUMBER: 05610374) |
| Notes to the Financial Statements |
| for the Year Ended 31 October 2024 |
| 1. | STATUTORY INFORMATION |
| Thongsbridge Tennis and Fitness Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents income from members, non-members and the sale of goods. Income received in advance is recognised on a time apportionment basis, such that income relating to future accounting periods is treated as deferred income in the balance sheet. |
| Tangible fixed assets and depreciation |
| Tangible fixed assets are stated at cost less depreciation. |
| Depreciation is calculated to write off the assets to their estimated residual values by the end of their useful lives at the following annual rates: |
| Clubhouse and additional indoor courts - 4% and 10% of cost |
| Old tennis courts and clubhouse - 6.67% of cost |
| Indoor tennis courts - 4% of cost |
| All-weather courts and floodlights - 6.67% of cost |
| Equipment - 4%, 10% and 20% of cost |
| Stock |
| Stock is stated at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| Concessionary loans |
| Concessionary loans are loans received from the Lawn Tennis Association on interest free or other concessionary terms. Such loans are stated in the balance sheet at the initial amounts received less repayments and are not discounted to reflect an implicit interest charge. |
| Junior committee |
| The activities of the junior committee are not included within the Club's accounts. At 31 October 2024 the junior committee held cash at bank and in hand of £4,066 (2023 - £3,768). |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| THONGSBRIDGE TENNIS AND FITNESS LIMITED (REGISTERED NUMBER: 05610374) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 October 2024 |
| 4. | TANGIBLE FIXED ASSETS |
| Clubhouse |
| and | Fixtures |
| indoor | All-weather | and |
| courts | courts | fittings | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 November 2023 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 31 October 2024 |
| DEPRECIATION |
| At 1 November 2023 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 31 October 2024 |
| NET BOOK VALUE |
| At 31 October 2024 |
| At 31 October 2023 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Trade debtors |
| Prepayments |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Bank loans and overdrafts |
| Finance leases |
| Trade creditors |
| Social security and other taxes |
| Concessionary loans |
| Other loans | 1,100 | 2,300 |
| Deferred income |
| Accrued expenses |
| THONGSBRIDGE TENNIS AND FITNESS LIMITED (REGISTERED NUMBER: 05610374) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 October 2024 |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Bank loans - 2-5 years |
| Bank loans more than 5 years |
| Concessionary loans - 2-5 years |
| Finance leases |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans more than 5 years | 35,669 | 55,246 |
| Concessionary loans from the Lawn Tennis Association are interest free loans secured on the company's assets. |
| 8. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2024 | 2023 |
| £ | £ |
| Bank loans |
| Concessionary loans | 34,414 | 44,254 |
| 9. | COMPANY LIMITED BY GUARANTEE |
| The liability of the members is limited to contributions of such amount as may be required , not exceeding £1, to the company's assets if it should be wound up while they are a member or within one year after they cease to be a member. |