Acorah Software Products - Accounts Production 18.1.170 false true true 31 December 2024 1 January 2024 false 13 April 2026 1 January 2025 31 December 2025 31 December 2025 05760866 Mrs H E Ward Mr J H Armstrong Mr S Johnson Mr N J Osborne Mr G Scott Miss E M Jones Miss S Jones Mrs S C Hughes Mr A J Phillips Ms L C Cohen Mr M P Gibson Mrs B V Lewis Mrs M L Rees iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05760866 2024-12-31 05760866 2025-12-31 05760866 2025-01-01 2025-12-31 05760866 frs-core:CurrentFinancialInstruments 2025-12-31 05760866 frs-core:ComputerEquipment 2025-12-31 05760866 frs-core:ComputerEquipment 2025-01-01 2025-12-31 05760866 frs-core:ComputerEquipment 2024-12-31 05760866 frs-core:FurnitureFittings 2025-12-31 05760866 frs-core:FurnitureFittings 2025-01-01 2025-12-31 05760866 frs-core:FurnitureFittings 2024-12-31 05760866 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-12-31 05760866 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-01-01 2025-12-31 05760866 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 05760866 frs-core:OtherReservesSubtotal 2025-12-31 05760866 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 05760866 frs-bus:CompanyLimitedByGuarantee 2025-01-01 2025-12-31 05760866 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 05760866 frs-bus:SmallEntities 2025-01-01 2025-12-31 05760866 frs-bus:Audited 2025-01-01 2025-12-31 05760866 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 05760866 frs-core:OtherProvisionsContingentLiabilities 2025-01-01 2025-12-31 05760866 frs-core:OtherProvisionsContingentLiabilities 2024-12-31 05760866 frs-core:OtherProvisionsContingentLiabilities 2025-12-31 05760866 frs-bus:Director1 2025-01-01 2025-12-31 05760866 frs-bus:Director2 2025-01-01 2025-12-31 05760866 frs-bus:Director3 2025-01-01 2025-12-31 05760866 frs-bus:Director4 2025-01-01 2025-12-31 05760866 frs-bus:Director5 2025-01-01 2025-12-31 05760866 frs-bus:Director6 2025-01-01 2025-12-31 05760866 frs-bus:Director7 2025-01-01 2025-12-31 05760866 frs-bus:Director8 2025-01-01 2025-12-31 05760866 frs-bus:Director9 2025-01-01 2025-12-31 05760866 frs-bus:Director10 2025-01-01 2025-12-31 05760866 frs-bus:Director11 2025-01-01 2025-12-31 05760866 frs-bus:Director12 2025-01-01 2025-12-31 05760866 frs-bus:CompanySecretary1 2025-01-01 2025-12-31 05760866 frs-countries:EnglandWales 2025-01-01 2025-12-31 05760866 2023-12-31 05760866 2024-12-31 05760866 2024-01-01 2024-12-31 05760866 frs-core:CurrentFinancialInstruments 2024-12-31 05760866 frs-core:OtherReservesSubtotal 2024-12-31 05760866 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 05760866
Tennis Wales Limited
Financial Statements
For The Year Ended 31 December 2025
HSJ Audit Limited
Tennis Wales Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1
Notes to the Financial Statements | 2—4

Page 1
Tennis Wales Limited
Balance Sheet
As At 31 December 2025
Balance Sheet
Registered number: 05760866

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 3,381 |  | 2,552
|  |  | 3,381 |  | 2,552
CURRENT ASSETS
Debtors | 5 | 115,958 |  | 103,767 |
Cash at bank and in hand |  | 557,759 |  | 628,812 |
|  | 673,717 |  | 732,579 |
Creditors: Amounts Falling Due Within One Year | 6 | (215,811 ) |  | (390,525 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 457,906 |  | 342,054
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 461,287 |  | 344,606
PROVISIONS FOR LIABILITIES
Provisions For Charges | 7 |  | (100,000 ) |  | (50,000 )
NET ASSETS |  |  | 361,287 |  | 294,606
RESERVES
Other reserves |  |  | 7,153 |  | 7,153
Income and Expenditure Account |  |  | 354,134 |  | 287,453
MEMBERS' FUNDS |  |  | 361,287 |  | 294,606

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.
On behalf of the board

Mr S Johnson Director
8 April 2026

The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Tennis Wales Limited
Notes to the Financial Statements
For The Year Ended 31 December 2025
Notes to the Financial Statements
1. General Information
Tennis Wales Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 05760866 . The registered office is Office 10, Space 2b, The Maltings House 3, Ground Floor, East Tyndall Street, Cardiff, CF24 5EA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
The financial statements are presented in Sterling (£), the company's functional currency, and rounded to the nearest pound.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
2.2. Going Concern Disclosure
The company receives significant grant funding from the LTA and Sports Wales. At this point, Sport Wales funding has been secured through to March 2026 and LTA grant funding is in place until 31 December 2025. The directors consider the going concern basis adopted for these financial statements to be appropriate, in light of the strong cash and reserves position of the company, as well as the legitimate expectation of continued LTA and Sport Wales support.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Grant income is recognised when there is entitlement, when the receipt is probable and the amount can be measured reliably. Income is deferred when the amounts received are in advance of the associated grant expenditure.
Other aspects of turnover are recognised as the related services are provided.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold | Over the period of the lease
Fixtures & Fittings | 15% on cost
Computer Equipment | 25% on cost

2.5. Leasing and Hire Purchase Contracts
Rentals payable under operating leases are charged against income on a straight line basis over the period ofthe lease.
2.6. Taxation
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 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.
Page 2
Page 3
Tennis Wales Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
2.7. Pensions
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
2.8. Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses.
2.9. Employee benefits
When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 15 (2024: 14)
15 14
4. Tangible Assets

| Land & Property
--- | ---
| Leasehold | Fixtures & Fittings | Computer Equipment | Total
| £ | £ | £ | £
Cost or Valuation
As at 1 January 2025 | 121,927 | 3,501 | 4,100 | 129,528
Additions | - | 891 | 537 | 1,428
Revaluation | (121,927 ) | - | - | (121,927 )
As at 31 December 2025 | - | 4,392 | 4,637 | 9,029
Depreciation
As at 1 January 2025 | 121,927 | 1,286 | 3,763 | 126,976
Provided during the period | - | 455 | 144 | 599
On revaluations | (121,927 ) | - | - | (121,927 )
As at 31 December 2025 | - | 1,741 | 3,907 | 5,648
Net Book Value
As at 31 December 2025 | - | 2,651 | 730 | 3,381
As at 1 January 2025 | - | 2,215 | 337 | 2,552

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 92,981 |  | -
Other debtors | 22,977 |  | 103,767
| 115,958 |  | 103,767

Page 3
Page 4
Tennis Wales Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 17,312 |  | 12,268
Other creditors | 196,329 |  | 371,016
Taxation and social security | 2,170 |  | 7,241
| 215,811 |  | 390,525

7. Provisions for Liabilities

| Other Provisions | Total
--- | --- | ---
| £ | £
As at 1 January 2025 | 50,000 | 50,000
Additions | 50,000 | 50,000
Balance at 31 December 2025 | 100,000 | 100,000

The above provision is an obligation at the reporting date as a result of a past event and represents a sinking fund created to fulfill an obligation for maintenance and redevelopment of tennis court facilities.
It is probable that the company will be required to transfer economic benefits in settlement of this obligation. The provision of £100,000 has been created via use of the Lawn Tennis Association sinking fund calculator. The timing of outflow is uncertain and cannot be estimated with any reliability, as a result no discounting has been applied.
8. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
9. FRC's Ethical Standard - Provision Available for Small Entities
In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
10. Audit Information
The auditor's report on the accounts of Tennis Wales Limited for the year ended 31 December 2025 was unqualified.
The auditor's report was signed by Mr Andrew Hill FCCA ACA DChA BFP (Senior Statutory Auditor) for and on behalf of HSJ Audit Limited , Statutory Auditor.

HSJ Audit Limited Severn House Hazell Drive Newport NP10 8FY

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