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Windsor Lawn Tennis Club
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(company limited by guarantee)
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Notes to the financial statements
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for the year ended 31 October 2025
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1
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Company information
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Windsor Lawn Tennis Club is a private company registered in England and Wales. Its registered
number is 03452221. The company is limited by guarantee. Its registered office is Windsor Lawn Tennis
Club, Royal Windsor Way, Windsor, Berkshire, SL4 5FW.
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2
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Accounting policies
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Basis of preparing the financial statements
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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 historic cost convention.
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Going concern
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In preparing these financial statements, the directors have assessed whether there are any material
uncertainties related to events or conditions that cast significant doubt upon the company's ability to
continue as a going concern. In making this assessment, the directors take into account all available
information about the future which is at least 12 months from the date that the financial statements are
authorised for issue.
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The directors consider that the company has adequate resources to continue in business for the
foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial
statements.
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Turnover
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Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,
rebates, Value Added Tax and other sales taxes.
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Tangible fixed assets
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Depreciation is provided at the following annual rates in order to write off each asset over its estimated
useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
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Land and buildings:
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Freehold property
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-
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2% straight line
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Plant and machinery etc.:
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Plant and machinery
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25% reducing balance
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Fixtures & fittings
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33% straight line
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Stocks
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Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete
and slow moving items.
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Retirement benefits
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The company operates a defined contribution pension scheme. Contributions payable to the company's
pension scheme are charged to income and expenditure in the period to which they relate.
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3
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