The Lansdown Tennis, Squash and Croquet Club Ltd Accounts






The Lansdown Tennis, Squash and Croquet Club Ltd

	Company No. 03295397
		Information for Filing with The Registrar
		31 December 2024

The Directors present their report and the accounts for the year ended 31 December 2024.

Principal activities
The principal activity of the company during the year under review was a sports club.




Directors

The Directors who served at any time during the year were as follows:

Eleanor Bird			(Resigned 19 March 2025)
John Higgins
Joan McLoughlin
Gray Olliver			(Resigned 13 June 2024)
Brent Pollard
Julian Ragless			(Resigned 13 June 2024)




































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

John Higgins
Director
12 June 2025

at	31 December 2024
Company No.		03295397	Notes	2024	2023
				£	£
Fixed assets

	Tangible assets		4	430,014	340,192


				430,014	340,192
Current assets
	Stocks		5	6,795	6,533
	Debtors		6	21,173	15,014

	Cash at bank and in hand			419,535	478,339
				447,503	499,886
Creditors: Amount falling due within one year			7	(58,097)	(59,083)
Net current assets				389,406	440,803
Total assets less current liabilities				819,420	780,995
Creditors: Amounts falling due after more than one year			8	(9,600)	(19,200)



Net assets				809,820	761,795

Reserves
	Property replacement reserve			108,000	126,000
	Sinking fund		9	214,436	194,436
	Income and expenditure account		9	487,384	441,359

Total equity				809,820	761,795



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's income and expenditure account.

Approved by the board on 12 June 2025 and signed on its behalf by:

Brent Pollard
Director
12 June 2025

for the year ended 31 December 2024

General information

The Lansdown Tennis, Squash and Croquet Club Ltd is a private company limited by guarantee and incorporated in England and Wales.

Its registered number is: 03295397

Its registered office is:

Northfields

Lansdown

Bath

BA1 5TN

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Leasehold land and buildings

5% straight line over 20 years

Plant and machinery

12.5% straight line over 8 years

Furniture, fittings and equipment

20-33% straight line 3 - 5 years

Reserves

The Property Replacement Reserve was established to provide funds for the modernisation or eventual replacement of the clubhouse. It represented the equivalent of the capital repayments made on the mortgage originally taken up for the building of the clubhouse. An equivalent amount to the deprecation charge on the original cost of the clubhouse is being released each year from the Property Replacement Reserve to the Income and Expenditure Account. The Sinking Fund represents funds that are put aside to provide for the replacement of sports facilities in accordance with Lawn Tennis Association guidelines.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs.

Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Defined contribution pensions

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations.
The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the income and expenditure account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2024	2023
			Number	Number
		The average monthly number of employees (including directors) during the year was:	12	13

4	Tangible fixed assets
			Land and buildings	Plant and machinery	Total
			£	£	£
		Cost or revaluation
		At 1 January 2024	1,087,360	70,773	1,158,133
		Additions	120,620	8,696	129,316



		At 31 December 2024	1,207,980	79,469	1,287,449
		Depreciation
		At 1 January 2024	749,784	68,157	817,941
		Charge for the year	37,682	1,812	39,494



		At 31 December 2024	787,466	69,969	857,435
		Net book values
		At 31 December 2024	420,514	9,500	430,014
		At 31 December 2023	337,576	2,616	340,192

5	Stocks
			2024	2023
			£	£


		Finished goods	6,795	6,533
			6,795	6,533

6	Debtors
			2024	2023
			£	£






		Other debtors	21,173	15,014

			21,173	15,014

7	Creditors:
		amounts falling due within one year
			2024	2023
			£	£

		Other loans	9,600	9,600

		Trade creditors	6,264	5,407


		Other taxes and social security	4,099	4,519

		Other creditors	24,989	24,405
		Accruals and deferred income	13,145	15,152
			58,097	59,083

8	Creditors:
		amounts falling due after more than one year
			2024	2023
			£	£

		Other loans	9,600	19,200





			9,600	19,200

9	Reserves
			Income & Expenditure Account	Property Replacement Reserve	Sinking Fund	Total other reserves
				£	£	£
		At 1 January 2023	406,689	144,000	174,436	318,436
		Movement on revaluation reserve	18,000	(18,000)		(18,000)

		Transfers	(20,000)		20,000	20,000
		At 31 December 2023 and 1 January 2024	441,359	126,000	194,436	320,436
		Movement on revaluation reserve	18,000	(18,000)		(18,000)

		Transfers	(20,000)		20,000	20,000
		At 31 December 2024	487,384	108,000	214,436	322,436


		Other reserves - .
		Income and expenditure account - includes all current and prior period retained surpluses and deficits.