Caseware UK (AP4) 2025.0.111 2025.0.111 2024-12-31 2024-12-31 2026-05-22 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false false 2024-04-12 false No description of principal activity 8 true 15639911 2024-04-11 15639911 2024-04-12 2024-12-31 15639911 2023-04-12 2024-04-11 15639911 2024-12-31 15639911 c:Director1 2024-04-12 2024-12-31 15639911 d:Buildings d:LongLeaseholdAssets 2024-04-12 2024-12-31 15639911 d:Buildings d:LongLeaseholdAssets 2024-12-31 15639911 d:PlantMachinery 2024-04-12 2024-12-31 15639911 d:PlantMachinery 2024-12-31 15639911 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-04-12 2024-12-31 15639911 d:FurnitureFittings 2024-04-12 2024-12-31 15639911 d:FurnitureFittings 2024-12-31 15639911 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-04-12 2024-12-31 15639911 d:OfficeEquipment 2024-04-12 2024-12-31 15639911 d:OfficeEquipment 2024-12-31 15639911 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-04-12 2024-12-31 15639911 d:ComputerEquipment 2024-04-12 2024-12-31 15639911 d:ComputerEquipment 2024-12-31 15639911 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-04-12 2024-12-31 15639911 d:OwnedOrFreeholdAssets 2024-04-12 2024-12-31 15639911 d:CurrentFinancialInstruments 2024-12-31 15639911 d:Non-currentFinancialInstruments 2024-12-31 15639911 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 15639911 d:ShareCapital 2024-12-31 15639911 d:SharePremium 2024-12-31 15639911 d:RetainedEarningsAccumulatedLosses 2024-12-31 15639911 c:FRS102 2024-04-12 2024-12-31 15639911 c:AuditExempt-NoAccountantsReport 2024-04-12 2024-12-31 15639911 c:FullAccounts 2024-04-12 2024-12-31 15639911 c:PrivateLimitedCompanyLtd 2024-04-12 2024-12-31 15639911 2 2024-04-12 2024-12-31 15639911 e:PoundSterling 2024-04-12 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 15639911 THE PADEL HUB N20 LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE PERIOD ENDED 31 DECEMBER 2024
THE PADEL HUB N20 LIMITED REGISTERED NUMBER: 15639911 BALANCE SHEET AS AT 31 DECEMBER 2024
|  | 2024
Note |  | £
Fixed assets |  |  |
Tangible assets | 4 |  | 497,476
|  |  | 497,476
Current assets |  |  |
Debtors: amounts falling due after more than one year | 5 | 253,897 |
Debtors: amounts falling due within one year | 5 | 252,845 |
Cash at bank and in hand | 6 | 30,802 |
|  | 537,544 |
Creditors: amounts falling due within one year | 7 | (200,095) |
Net current assets |  |  | 337,449
Total assets less current liabilities |  |  | 834,925
Net assets |  |  | 834,925
Capital and reserves |  |  |
Called up share capital |  |  | 250
Share premium account |  |  | 828,705
Profit and loss account |  |  | 5,970
|  |  | 834,925
The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the Period in question in accordance with section 476 of the Companies Act 2006. The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 22 May 2026. Page 1
THE PADEL HUB N20 LIMITED REGISTERED NUMBER: 15639911 BALANCE SHEET (CONTINUED) AS AT 31 DECEMBER 2024
E Pilnikova
Director
The notes on pages 3 to 7 form part of these financial statements. Page 2
THE PADEL HUB N20 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2024
1. | General information
The Padel Hub N20 Limited is a private company limited by shares, incorporated in England & Wales (registered number 15639911). The registered office is Unit 1 Albion Close, Slough, SL2 5DT. The financial statements are presented in Sterling, which is the functional currency of the company. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies. The following principal accounting policies have been applied:
| 2.2 | Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Rendering of services Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: ∙the amount of revenue can be measured reliably; ∙it is probable that the Company will receive the consideration due under the contract; ∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and ∙the costs incurred and the costs to complete the contract can be measured reliably.
| 2.3 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.4 | Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument. Page 3
THE PADEL HUB N20 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.5 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following basis:
|  |  |  | Long-term leasehold property | - | 10% | Straight Line
|  |  |  | Bar equipment | - | 25% | Straight Line
|  |  |  | Fixtures and fittings | - | 25% | Reducing Balance
|  |  |  | Office equipment | - | 25% | Straight Line
|  |  |  | Computer equipment | - | 25% | Straight Line
|  |  |  | Sports equipment | - | 25% | Straight Line
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
| 2.6 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.7 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
| 2.8 | 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. Page 4
THE PADEL HUB N20 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2024
3. | Employees
| The average monthly number of employees, including the director, during the Period was as follows:
|  |  | Period ended 31 December
|  |  | 2024
|  |  | No.
|  | Employees | 8
4. | Tangible fixed assets
|  | Long-term leasehold property | Plant and machinery | Fixtures and fittings | Office equipment | Computer equipment
|  | £ | £ | £ | £ | £
| Cost or valuation |  |  |  |  |
| Additions | 489,726 | 1,921 | 12,003 | 2,600 | 12,687
| At 31 December 2024 | 489,726 | 1,921 | 12,003 | 2,600 | 12,687
| Depreciation |  |  |  |  |
| Charge for the Period on owned assets | 19,771 | 107 | 695 | 217 | 671
| At 31 December 2024 | 19,771 | 107 | 695 | 217 | 671
| Net book value |  |  |  |  |
| At 31 December 2024 | 469,955 | 1,814 | 11,308 | 2,383 | 12,016
Page 5
THE PADEL HUB N20 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2024 4.Tangible fixed assets (continued)
|  | Total
|  | £
| Cost or valuation |
| Additions | 518,937
| At 31 December 2024 | 518,937
| Depreciation |
| Charge for the Period on owned assets | 21,461
| At 31 December 2024 | 21,461
| Net book value |
| At 31 December 2024 | 497,476
5. | Debtors
|  |  |  |  | 2024
|  |  |  |  | £
| Due after more than one year |
| Other debtors | 253,897
|  | 253,897
|  |  |  |  | 2024
|  |  |  |  | £
| Due within one year |
| Trade debtors | 982
| Amounts owed by group undertakings | 59,106
| Other debtors | 112,731
| Prepayments and accrued income | 80,026
|  | 252,845
Page 6
THE PADEL HUB N20 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2024 5.Debtors (continued)
| Included within other debtors is a balance that was under dispute over its accuracy and quantum as at 31st December 2024. The amount was subsequently settled as part of a wider settlement agreement reached between the relevant parties on 23rd March 2026.
6. | Cash and cash equivalents
|  |  |  |  | 2024
|  |  |  |  | £
| Cash at bank and in hand | 30,802
|  | 30,802
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2024
|  |  |  |  | £
| Trade creditors | 142,279
| Amounts owed to group undertakings | 50,500
| Accruals and deferred income | 7,316
|  | 200,095
Page 7