Tennis Avenue Limited - Filleted accounts

Registered number

04360531

Tennis Avenue Limited

Filleted Accounts

31 March 2025

Tennis Avenue Limited
Registered number:		04360531
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		30,902			36,277

Current assets
Debtors	5	349,712			359,571
Cash at bank and in hand		248			133
		349,960			359,704

Creditors: amounts falling due within one year	6	(36,132)			(48,666)

Net current assets			313,828			311,038

Total assets less current liabilities			344,730			347,315

Creditors: amounts falling due after more than one year	7		(335,965)			(364,046)

Provisions for liabilities			(287)			(133)


Net assets/(liabilities)			8,478			(16,864)

Capital and reserves
Called up share capital			1,000			1,000
Profit and loss account			7,478			(17,864)

Shareholders' funds			8,478			(16,864)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




H H Wasantha
Director
Approved by the board on 30 December 2025

Tennis Avenue Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Equipment			over 5 years
	Fixtures, fittings, tools and equipment			over 5 years
	Tennis Court Resurfacing			over 10 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.









	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					0		0

3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 April 2024							90,000
	At 31 March 2025							90,000

	Amortisation
	At 1 April 2024							90,000
	At 31 March 2025							90,000

	Net book value
	At 31 March 2025							-

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.






4	Tangible fixed assets
		Fixtures and Fittings		Equipment		Tennis Court Resurfacing		Total
£			£		£		£
	Cost
	At 1 April 2024	1,558		1,940		58,788		62,286
	Additions	-		1,886		-		1,886
	At 31 March 2025	1,558		3,826		58,788		64,172

	Depreciation
	At 1 April 2024	1,248		1,245		23,516		26,009
	Charge for the year	310		1,072		5,879		7,261
	At 31 March 2025	1,558		2,317		29,395		33,270

	Net book value
	At 31 March 2025	-		1,509		29,393		30,902
	At 31 March 2024	310		695		35,272		36,277


5	Debtors					2025		2024
£							£

	Amounts owed by group undertakings and undertakings in which the company has a participating interest					349,712		357,356
	Other debtors					-		2,215
						349,712		359,571


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					12,787		20,955
	Taxation and social security costs					21,025		15,735
	Other creditors					2,320		11,976
						36,132		48,666


7	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					1,583		11,083
	Other creditors					334,382		352,963
						335,965		364,046






8	Related party transactions

	Mr H H Wasantha is a director and shareholder of Tennistogether Ltd. At the Balance Sheet date TennisTogether Ltd owes Tennis Avenue Ltd £349,712 (2024 - £357,356). The directors and shareholders of Tennis Avenue Ltd have confirmed that these loans will not be recalled in the foreseeable future and only in the event that Tennistogether is in a position to pay.

	Mr H H Wasantha is a director and shareholder of Tennis Avenue School Ltd. Miss I Alpay is a director and shareholder of Tennis Avenue School Ltd. At the balance sheet date Tennis Avenue Ltd owes Tennis Avenue School Ltd £2,322 (2024 - Tennis Avenue School Ltd owed Tennis Avenue Ltd £2,215)

9	Other information

	Tennis Avenue Limited is a private company limited by shares and incorporated in England. Its registered office is:
	157 Hamilton Avenue
	Surbiton
	Surrey
	KT6 7QA