Company registration number 00460917 (England and Wales)
NEWMARKET LAWN TENNIS CLUB LIMITED (THE)
(A COMPANY LIMITED BY GUARANTEE)
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
NEWMARKET LAWN TENNIS CLUB LIMITED (THE)
(A COMPANY LIMITED BY GUARANTEE)
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 8
NEWMARKET LAWN TENNIS CLUB LIMITED (THE)
(A COMPANY LIMITED BY GUARANTEE)
BALANCE SHEET
AS AT 31 DECEMBER 2025
31 December 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
911,885
908,951
Current assets
Stocks
250
250
Debtors
4
15,670
769
Cash at bank and in hand
130,211
123,970
146,131
124,989
Creditors: amounts falling due within one year
5
(5,712)
(7,146)
Net current assets
140,419
117,843
Total assets less current liabilities
1,052,304
1,026,794
Creditors: amounts falling due after more than one year
6
(13,648)
(24,047)
Net assets
1,038,656
1,002,747
Reserves
Land and building reserve
9
867,423
875,310
Sinking fund
70,000
70,000
Income and expenditure account
101,233
57,437
Members' funds
1,038,656
1,002,747

The directors of the company have elected not to include a copy of the income and expenditure account within the financial statements.true

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

NEWMARKET LAWN TENNIS CLUB LIMITED (THE)
(A COMPANY LIMITED BY GUARANTEE)
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2025
31 December 2025
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 23 March 2026 and are signed on its behalf by:
M H Lynch
Director
Company Registration No. 00460917
NEWMARKET LAWN TENNIS CLUB LIMITED (THE)
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 3 -
1
Accounting policies
Company information

Newmarket Lawn Tennis Club Limited (The) is a private company limited by guarantee incorporated in England and Wales. The registered office is Newmarket Lawn Tennis Club Ltd, Hamilton Road, Newmarket, Suffolk, CB8 0NQ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Income and expenditure

Income and expenses are included in the financial statements as they become receivable or due.

Expenses include VAT where applicable as the company cannot reclaim it.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
Not depreciated
Tennis courts
over 10 years straight line
Floodlights and equipment
over 10 years straight line
Improvements to tennis courts
over 7 years straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to surplus or deficit.

NEWMARKET LAWN TENNIS CLUB LIMITED (THE)
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 4 -
1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in surplus or deficit, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in surplus or deficit, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.5
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

NEWMARKET LAWN TENNIS CLUB LIMITED (THE)
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 5 -
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.8
Taxation

The company is not carrying on a business for the purposes of making a profit, however corporation tax is payable on any interest and net rental income received during the year

1.9
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.10
Leases

Rental income from operating leases is recognised on a straight line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognised on a straight line basis over the lease term.

1.11
Government grants

Government grants are recognised at the fair value of the asset receive d or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

NEWMARKET LAWN TENNIS CLUB LIMITED (THE)
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 6 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
4
3
Tangible fixed assets
Freehold land and buildings
Tennis courts
Floodlights and equipment
Improvements to tennis courts
Total
£
£
£
£
£
Cost or valuation
At 1 January 2025
895,375
35,747
87,135
146,331
1,164,588
Additions
-
0
-
0
20,470
-
0
20,470
At 31 December 2025
895,375
35,747
107,605
146,331
1,185,058
Depreciation and impairment
At 1 January 2025
35,375
31,505
64,145
124,612
255,637
Depreciation charged in the year
-
0
1,412
5,266
10,858
17,536
At 31 December 2025
35,375
32,917
69,411
135,470
273,173
Carrying amount
At 31 December 2025
860,000
2,830
38,194
10,861
911,885
At 31 December 2024
860,000
4,242
22,990
21,719
908,951

Freehold property with a carrying amount of £245,719 was revalued on 9th August 2023 by Keylocks Ltd on an open market basis.

NEWMARKET LAWN TENNIS CLUB LIMITED (THE)
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
3
Tangible fixed assets
(Continued)
- 7 -

The following assets are carried at valuation. If the assets were measured using the cost model, the carrying amounts would be as follows:

Freehold Property
2025
2024
£
£
Cost
281,093
281,093
Accumulated depreciation
(35,374)
(35,374)
245,719
245,719
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Service charges due
14,900
-
0
Other debtors
770
769
15,670
769
5
Creditors: amounts falling due within one year
2025
2024
£
£
Taxation and social security
2,249
2,218
Other creditors
3,463
4,928
5,712
7,146
6
Creditors: amounts falling due after more than one year
2025
2024
Notes
£
£
Other borrowings
7
4,000
4,750
Government grants
9,648
19,297
13,648
24,047

Deferred grants relate to funding from Sports England and the West Suffolk Council which are being released to the profit and loss account on a systematic basis, over the same period as the related assets are being depreciation (7 years).

NEWMARKET LAWN TENNIS CLUB LIMITED (THE)
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 8 -
7
Loans and overdrafts
2025
2024
£
£
Other loans
5,000
8,090
Payable within one year
1,000
3,340
Payable after one year
4,000
4,750
8
Members' liability

The company is limited by guarantee, not having a share capital and consequently the liability of members is limited, subject to an undertaking by each member to contribute to the net assets or liabilities of the company on winding up such amounts as may be required not exceeding £1.

9
Reserves
Income & Expenditure account
Sinking fund
Land and building reserve
Total
Balance brought forward
57,437
70,000
875,310
1,002,747
Surplus for the year
35,988
35,988
Amortisation of grants
(9,649)
9,649
-
Depreciation transfer
17,536
(17,536)
-
Balance carried forward
101,312
70,000
867,423
1,038,735
2025-12-31 2025-01-01 false false false 23 March 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity M H Lynch C Dalton B Tarrant P Taylor 00460917 2025-01-01 2025-12-31 00460917 2025-12-31 00460917 2024-12-31 00460917 core:LandBuildings core:OwnedOrFreeholdAssets 2025-12-31 00460917 core:LandBuildings 2025-12-31 00460917 core:PlantMachinery 2025-12-31 00460917 core:FurnitureFittings 2025-12-31 00460917 core:LandBuildings core:OwnedOrFreeholdAssets 2024-12-31 00460917 core:LandBuildings 2024-12-31 00460917 core:PlantMachinery 2024-12-31 00460917 core:FurnitureFittings 2024-12-31 00460917 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 00460917 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 00460917 core:Non-currentFinancialInstruments core:AfterOneYear 2025-12-31 00460917 core:Non-currentFinancialInstruments core:AfterOneYear 2024-12-31 00460917 core:CurrentFinancialInstruments 2025-12-31 00460917 core:CurrentFinancialInstruments 2024-12-31 00460917 core:Non-currentFinancialInstruments 2025-12-31 00460917 core:Non-currentFinancialInstruments 2024-12-31 00460917 core:RevaluationReserve 2025-12-31 00460917 core:RevaluationReserve 2024-12-31 00460917 core:OtherMiscellaneousReserve 2025-12-31 00460917 core:OtherMiscellaneousReserve 2024-12-31 00460917 core:RetainedEarningsAccumulatedLosses 2025-12-31 00460917 core:RetainedEarningsAccumulatedLosses 2024-12-31 00460917 bus:Director1 2025-01-01 2025-12-31 00460917 core:LandBuildings core:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 00460917 core:LandBuildings core:LongLeaseholdAssets 2025-01-01 2025-12-31 00460917 core:PlantMachinery 2025-01-01 2025-12-31 00460917 core:FurnitureFittings 2025-01-01 2025-12-31 00460917 2024-01-01 2024-12-31 00460917 core:LandBuildings core:OwnedOrFreeholdAssets 2024-12-31 00460917 core:LandBuildings core:LeasedAssetsHeldAsLessee 2024-12-31 00460917 core:PlantMachinery 2024-12-31 00460917 core:FurnitureFittings 2024-12-31 00460917 2024-12-31 00460917 core:LandBuildings core:LeasedAssetsHeldAsLessee 2025-12-31 00460917 core:LandBuildings core:LeasedAssetsHeldAsLessee 2025-01-01 2025-12-31 00460917 bus:CompanyLimitedByGuarantee 2025-01-01 2025-12-31 00460917 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 00460917 bus:FRS102 2025-01-01 2025-12-31 00460917 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 00460917 bus:Director2 2025-01-01 2025-12-31 00460917 bus:Director3 2025-01-01 2025-12-31 00460917 bus:Director4 2025-01-01 2025-12-31 00460917 bus:FullAccounts 2025-01-01 2025-12-31 xbrli:pure xbrli:shares iso4217:GBP