REGISTERED NUMBER: 11295414 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Hove Park Tennis Alliance Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

3

Fixed assets

Property, plant and equipment

4

175,800

168,977

Current assets

Debtors

5

214

194

Cash at bank

139,704

86,905

139,918

87,099

Creditors: amounts falling due within one year

6

48,188

29,893

Net current assets

91,730

57,206

Total assets less current liabilities

267,530

226,183

Creditors: amounts falling due after more than one year

7

(27,339

)

(41,009

)

Provisions for liabilities

(19,688

)

(2,198

)

Net assets

220,503

182,976

Reserves

Income and expenditure account

220,503

182,976

Members' funds

220,503

182,976

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.

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 and Expenditure Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 September 2025 and were signed on its behalf by:

M L Patrick - Director

1.	Statutory information

Hove Park Tennis Alliance Ltd is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

11295414

Registered office:

85 Church Road

Hove

East Sussex

BN3 2BB

The presentation currency of the financial statements is in Pound Sterling (£) and rounding is to the nearest (£).

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 and represents amounts receivable for services rendered, stated net of discounts. Membership subscriptions are reflected in the accounts in the period to which they relate.

Property, plant and equipment

Property, plant and equipment is stated at cost or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 25% reducing balance

Leasehold Improvements - Straight line over remainder of 25 year lease

Plant and machinery - Straight line over 15 years

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income and Expenditure Account, 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).

4.	Property, plant and equipment

Fixtures

Leasehold

Plant and

and

improvements

machinery

fittings

Totals

£

£

£

£

Cost

At 1 April 2024

117,121

71,128

4,740

192,989

Additions

15,119

-

2,180

17,299

At 31 March 2025

132,240

71,128

6,920

210,288

Depreciation

At 1 April 2024

11,763

9,484

2,765

24,012

Charge for year

4,741

4,742

993

10,476

At 31 March 2025

16,504

14,226

3,758

34,488

Net book value

At 31 March 2025

115,736

56,902

3,162

175,800

At 31 March 2024

105,358

61,644

1,975

168,977

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Prepayments and accrued income

214

194

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts (see note 8)

13,670

13,670

Payments on account

30,043

14,040

Taxation and social security

2,604

-

Other creditors

1,871

2,183

48,188

29,893

7.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans (see note 8)

27,339

41,009

8.

Loans

Included in bank loans is an amount of £41,009 which is payable over 5 years commencing September 2022 and carries no interest. The balance is repayable in biannual installments.

9.	Limited by guarantee

The company is limited by guarantee, not having share capital. In the event of the company being wound up, every member, while he or she is a member, or within one year after he or she ceases to be a member, undertakes to contribute to the assets of the company, such amount as may be required not exceeding £10.