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REGISTERED NUMBER: 03353663 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

REEDHAM PARK SPORTS CLUB LIMITED

REEDHAM PARK SPORTS CLUB LIMITED (REGISTERED NUMBER: 03353663)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


REEDHAM PARK SPORTS CLUB LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: Ms A M Stedman
Ms K M Cooper
Ms G E Cooksley
Ms A M Contreras-Ramirez
V Tun
C Anders





REGISTERED OFFICE: Reedham Park Sports Club Limited
Lodge Hill
Purley
Surrey
CR8 4AH





REGISTERED NUMBER: 03353663 (England and Wales)





ACCOUNTANTS: Orcom Civvals Limited
Accountants
50 Seymour Street
London
W1H 7JG

REEDHAM PARK SPORTS CLUB LIMITED (REGISTERED NUMBER: 03353663)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £   
FIXED ASSETS
Tangible assets 4 343,267 369,604
Investments 5 24,381 23,839
367,648 393,443

CURRENT ASSETS
Stocks 884 1,208
Debtors 6 2,047 261
Cash at bank and in hand 119,813 94,752
122,744 96,221
CREDITORS
Amounts falling due within one year 7 (33,272 ) (35,149 )
NET CURRENT ASSETS 89,472 61,072
TOTAL ASSETS LESS CURRENT
LIABILITIES

457,120

454,515

CREDITORS
Amounts falling due after more than
one year

8

(134,869

)

(144,864

)
NET ASSETS 322,251 309,651

RESERVES
Sinking fund 9 167,495 156,858
Reedham Park Club Loan 9 102,795 102,795
Income and expenditure account 9 51,961 49,998
322,251 309,651

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

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.

REEDHAM PARK SPORTS CLUB LIMITED (REGISTERED NUMBER: 03353663)

BALANCE SHEET - continued
31 MARCH 2025


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 Board of Directors and authorised for issue on 9 July 2025 and were signed on its behalf by:




Ms G E Cooksley - Director



Ms A M Stedman - Director


REEDHAM PARK SPORTS CLUB LIMITED (REGISTERED NUMBER: 03353663)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Reedham Park Sports Club Limited is a private company, limited by guarantee , 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.
Long leasehold - over the term of the lease
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost and 10% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

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

REEDHAM PARK SPORTS CLUB LIMITED (REGISTERED NUMBER: 03353663)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


4. TANGIBLE FIXED ASSETS
Fixtures
Long Plant and and
leasehold machinery fittings Totals
£    £    £    £   
COST
At 1 April 2024 237,521 32,867 483,064 753,452
Additions 4,132 539 - 4,671
At 31 March 2025 241,653 33,406 483,064 758,123
DEPRECIATION
At 1 April 2024 122,702 26,031 235,115 383,848
Charge for year 4,834 2,109 24,065 31,008
At 31 March 2025 127,536 28,140 259,180 414,856
NET BOOK VALUE
At 31 March 2025 114,117 5,266 223,884 343,267
At 31 March 2024 114,819 6,836 247,949 369,604

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
2025 2024
£    £   
NS&I savings certificates 24,381 23,839

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 45 36
Prepayments 175 225
Accrued income 1,827 -
2,047 261

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
VAT 149 343
Other creditors 24,923 24,467
Accrued expenses 8,200 10,339
33,272 35,149

REEDHAM PARK SPORTS CLUB LIMITED (REGISTERED NUMBER: 03353663)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2025 2024
£    £   
Deferred Lottery Grant 114,869 119,864
LTA Loan 20,000 25,000
134,869 144,864

9. RESERVES
Income
and Reedham
expenditure Sinking Park Club
account fund Loan Totals
£    £    £    £   

At 1 April 2024 50,000 156,858 102,795 309,653
Surplus for the year 12,598 12,598
Transfer (10,637 ) 10,637 - -
At 31 March 2025 51,961 167,495 102,795 322,251

The loan from Reedhan Park Tennis Club Limited, which was granted when Reedham Park Sports Club Limited was first established, will not, in normal circumstances, be repayable. The directors interpret this as meaning that the loan will only become repayable on the ultimate dissolution of Reedham Park Sprts Club Limited. For this reason the directors consider that this is in the nature of a reserve and is therefore disclosed accordingly.

10. RELATED PARTY DISCLOSURES

Reedham Park Tennis Clug Limited owns the freehold title to the land on which the clubhouse and tennis courts stand and has leased this land to the Company at a peppercorn rent for 99 years from 1 April 1997. In addition Reedham Park Tennis Club Limited has provided the loan as detailed in the Reserves note.

11. COMPANY STATUS

The company is limited by guarantee without having a share capital. Each member is liable to contribute £10 in the event that the company is dissolved with insufficient funds to meet alll its liabilities.