EAST LONDON STRINGING & TENNIS SOLUTIONS CIC

Company limited by guarantee

Company Registration Number:
13658023 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2025

Period of accounts

Start date: 1 November 2024

End date: 31 October 2025

EAST LONDON STRINGING & TENNIS SOLUTIONS CIC

Contents of the Financial Statements

for the Period Ended 31 October 2025

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

EAST LONDON STRINGING & TENNIS SOLUTIONS CIC

Directors' report period ended 31 October 2025

The directors present their report with the financial statements of the company for the period ended 31 October 2025

Principal activities of the company

The principal activities of the company during the year were the provision of tennis racket restringing services and tennis coaching, together with the operation of Bola Beach Tennis, a beach tennis venue established during the year in Queen Elizabeth Olympic Park, Hackney Wick, offering court bookings, coaching, and social play sessions to the public as well as a series of free sessions for disadvantaged communities, youth clubs and local schools.



Directors

The director shown below has held office during the whole of the period from
1 November 2024 to 31 October 2025

FABRICIO MENDES


The director shown below has held office during the period of
1 April 2025 to 31 October 2025

ALEX EDUARDO MALLET SMITH


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
26 July 2026

And signed on behalf of the board by:
Name: FABRICIO MENDES
Status: Director

EAST LONDON STRINGING & TENNIS SOLUTIONS CIC

Profit And Loss Account

for the Period Ended 31 October 2025

2025 2024


£

£
Turnover: 33,759 14,199
Cost of sales: ( 6,558 ) ( 222 )
Gross profit(or loss): 27,201 13,977
Administrative expenses: ( 62,104 ) ( 20,848 )
Other operating income: 42,000
Operating profit(or loss): 7,097 (6,871)
Interest receivable and similar income: 20 12
Interest payable and similar charges: ( 418 )
Profit(or loss) before tax: 6,699 (6,859)
Profit(or loss) for the financial year: 6,699 (6,859)

EAST LONDON STRINGING & TENNIS SOLUTIONS CIC

Balance sheet

As at 31 October 2025

Notes 2025 2024


£

£
Current assets
Stocks: 3 3,107 0
Debtors: 4 1,268 5,578
Cash at bank and in hand: 7,662
Total current assets: 12,037 5,578
Creditors: amounts falling due within one year: 5 ( 1,112 ) ( 3,828 )
Net current assets (liabilities): 10,925 1,750
Total assets less current liabilities: 10,925 1,750
Total net assets (liabilities): 10,925 1,750
Members' funds
Profit and loss account: 10,925 1,750
Total members' funds: 10,925 1,750

The notes form part of these financial statements

EAST LONDON STRINGING & TENNIS SOLUTIONS CIC

Balance sheet statements

For the year ending 31 October 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

This report was approved by the board of directors on 26 July 2026
and signed on behalf of the board by:

Name: FABRICIO MENDES
Status: Director

The notes form part of these financial statements

EAST LONDON STRINGING & TENNIS SOLUTIONS CIC

Notes to the Financial Statements

for the Period Ended 31 October 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

EAST LONDON STRINGING & TENNIS SOLUTIONS CIC

Notes to the Financial Statements

for the Period Ended 31 October 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 6 3

EAST LONDON STRINGING & TENNIS SOLUTIONS CIC

Notes to the Financial Statements

for the Period Ended 31 October 2025

3. Stocks

2025 2024
£ £
Stocks 3,107 0
Payments on account 0 0
Total 3,107 0

EAST LONDON STRINGING & TENNIS SOLUTIONS CIC

Notes to the Financial Statements

for the Period Ended 31 October 2025

4. Debtors

2025 2024
£ £
Other debtors 1,268 5,578
Total 1,268 5,578

EAST LONDON STRINGING & TENNIS SOLUTIONS CIC

Notes to the Financial Statements

for the Period Ended 31 October 2025

5. Creditors: amounts falling due within one year note

2025 2024
£ £
Other creditors 1,112 3,828
Total 1,112 3,828

COMMUNITY INTEREST ANNUAL REPORT

EAST LONDON STRINGING & TENNIS SOLUTIONS CIC

Company Number: 13658023 (England and Wales)

Year Ending: 31 October 2025

Company activities and impact

Description of the company's activities during the financial year In addition to its core stringing and coaching services, East London Stringing and Tennis Solutions CIC used a grant of GBP 42,000 from Tower Hamlets Tennis to establish Bola Beach Tennis, East London's first beach tennis club, located in Queen Elizabeth Olympic Park, Hackney Wick. The grant funded the construction of the playing surface (specialist sand and groundworks), public liability insurance, and the initial website and marketing needed to open the venue safely to the public. Bola Beach Tennis officially launched on 27 June 2025 with a free public open day, followed by a seven-week programme of coaching, social play, and community sessions. Since opening, Bola Beach Tennis has: Welcomed over 667 new customers, with 23% returning to book again Run paid coached sessions, pay-as-you-go court bookings, and Sunset Social community evenings Delivered free sessions for local community groups, elders, youth clubs, and schools, partnering with over 15 organisations including Social Ark, Badu Sports, The King's Trust, Morningside and Gascoyne Youth Club, local nurseries, and Hackney Wick schools Offered a residents' discount code, used 62 times by people living locally Attracted a further 150-200 visitors through community partnerships and 300-400 through corporate partnerships (with local businesses including Botify, Community Sauna Baths, and others) Received national and local press coverage, including features in the Hackney Gazette and The Wick How these activities have benefited the community Created a new, previously unavailable recreational facility for residents of Hackney Wick and the wider Tower Hamlets area Delivered free, no-cost access to beach tennis for groups who would not otherwise have been able to try the sport, including older residents (elders), young people through youth clubs, and local schoolchildren Independent participant survey results showed 100% of respondents would like to see the facility become permanent, and 100% rated their experience Good or above (81.6% Excellent, 18.4% Very Good) Supported local employment and subcontracting opportunities - coaching, event hosting, and site management roles were provided to local individuals during the year Provided a genuinely accessible, low-cost/free entry point into an emerging sport Use of the grant The GBP 42,000 grant from Tower Hamlets Tennis was applied in full toward establishing the beach tennis facility during the year, principally site surfacing (sand and groundworks, circa GBP 32,000), insurance, and launch marketing, creating a venue that in its first season alone reached over 1,100 visitors and delivered a substantial free community programme

Consultation with stakeholders

Yes. Bola Beach Tennis operates as a meanwhile use project on land earmarked for future residential development, and the company's stakeholders reflect that arrangement. They include: players and visitors to Bola Beach Tennis and the wider stringing/coaching business; local community groups, youth clubs, and schools in Hackney Wick (including Social Ark, Badu Sports, The King's Trust, Morningside & Gascoyne Youth Club, and local nurseries); corporate and local business partners (including Botify and Community Sauna Baths); the funder, Tower Hamlets Tennis; the landowner, London Legacy Development Corporation; the site's future developers, Places for People and East Wick & Sweetwater; and the wider Hackney Wick community, represented through Hackney Wick & Fish Island CIC. Stakeholders were consulted through: Hackney Wick & Fish Island CIC's Cultural Interest Group (CIG), a weekly community meeting the CIC has run for the past 12 years, which mediated the meanwhile use arrangement between the company, London Legacy Development Corporation, and the site's future developers, and through which the wider local community was consulted on bringing a more accessible and affordable racket sport to the area than existing padel offerings A participant survey carried out with players at Bola Beach Tennis, gathering feedback on their experience and on what they would like to see more of at the venue Direct partnership working with over 15 local community organisations and youth groups, who fed back on session formats and access needs for the groups they represent Ongoing discussions with London Legacy Development Corporation regarding the future of the site, including the surface remaining in place over the winter period Action taken in response to feedback includes: Continued and expanded free community sessions for elders, youth clubs, and schools, in direct response to demand identified through community partnerships and the CIG consultation process Introduction of the residents' discount code, used 62 times, in response to feedback about affordability and access for people living locally Survey feedback indicating 100% of respondents wanted the facility to become permanent directly informed the company's decision to negotiate with London Legacy Development Corporation to keep the site in place through the winter, rather than dismantling it Following this consultation and engagement, the company has secured confirmation to run a second summer season in 2026, currently underway Feedback requesting facilities such as toilets and lighting has been noted for consideration in future development of the site

Directors' remuneration

Directors were paid no more than £8,000 in total during this financial year.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
26 July 2026

And signed on behalf of the board by:
Name: FABRICIO MENDES
Status: Director