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Company Registration No. 14926611 (England and Wales)
Padel Xtra Limited Unaudited accounts for the period from 1 July 2025 to 31 December 2025
Padel Xtra Limited Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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Padel Xtra Limited Company Information for the period from 1 July 2025 to 31 December 2025
Directors
Steven John Matthews Jonathan William Southcombe William Richard Lancaster Wells Craig Brunning
Company Number
14926611 (England and Wales)
Registered Office
Bromley Tennis Centre Avebury Road Orpington Kent BR6 9SA England
Accountants
Surrey Hills Accountancy Limited The Old Workshop Longfrey Cottage Dorking Road Chilworth GU4 8RH
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Padel Xtra Limited for the period from 1 July 2025 to 31 December 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Padel Xtra Limited for the period from 1 July 2025 to 31 December 2025 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Surrey Hills Accountancy Limited Chartered Accountants The Old Workshop Longfrey Cottage Dorking Road Chilworth GU4 8RH 27 August 2026
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Padel Xtra Limited Statement of financial position as at 31 December 2025
31/12/2025 
30/06/2025 
Notes
£ 
£ 
Called up share capital not paid
7,798 
8,098 
Fixed assets
Tangible assets
4
733,661 
750,613 
Current assets
Inventories
410,532 
332,084 
Debtors
5
21,057 
28,802 
Cash at bank and in hand
11,624 
18,275 
443,213 
379,161 
Creditors: amounts falling due within one year
6
(265,454)
(31,790)
Net current assets
177,759 
347,371 
Total assets less current liabilities
919,218 
1,106,082 
Creditors: amounts falling due after more than one year
7
(786,814)
(811,332)
Net assets
132,404 
294,750 
Capital and reserves
Called up share capital
10,000 
10,000 
Share premium
510,300 
473,100 
Profit and loss account
(387,896)
(188,350)
Shareholders' funds
132,404 
294,750 
For the period ending 31 December 2025 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2026 and were signed on its behalf by
William Richard Lancaster Wells Director Company Registration No. 14926611
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Padel Xtra Limited Notes to the Accounts for the period from 1 July 2025 to 31 December 2025
1
Statutory information
Padel Xtra Limited is a private company, limited by shares, registered in England and Wales, registration number 14926611. The registered office is Bromley Tennis Centre, Avebury Road, Orpington, Kent, BR6 9SA, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33.33 % SL
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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Padel Xtra Limited Notes to the Accounts for the period from 1 July 2025 to 31 December 2025
4
Tangible fixed assets
Land & buildings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At valuation 
At cost 
At 1 July 2025
784,627 
124 
784,751 
Additions
- 
1,287 
1,287 
Revaluations
14,496 
- 
14,496 
At 31 December 2025
799,123 
1,411 
800,534 
Depreciation
At 1 July 2025
34,114 
24 
34,138 
Charge for the period
32,604 
131 
32,735 
At 31 December 2025
66,718 
155 
66,873 
Net book value
At 31 December 2025
732,405 
1,256 
733,661 
At 30 June 2025
750,513 
100 
750,613 
5
Debtors
31/12/2025 
30/06/2025 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,620 
- 
Amounts due from group undertakings etc.
6,094 
5,374 
Accrued income and prepayments
939 
100 
Other debtors
10,004 
20,928 
18,657 
26,402 
Amounts falling due after more than one year
Other debtors
2,400 
2,400 
6
Creditors: amounts falling due within one year
31/12/2025 
30/06/2025 
£ 
£ 
Obligations under finance leases and hire purchase contracts
60,000 
- 
Trade creditors
18,718 
29,340 
Loans from directors
185,986 
- 
Accruals
750 
2,450 
265,454 
31,790 
7
Creditors: amounts falling due after more than one year
31/12/2025 
30/06/2025 
£ 
£ 
Obligations under finance leases and hire purchase contracts
786,814 
811,332 
- 7 -
Padel Xtra Limited Notes to the Accounts for the period from 1 July 2025 to 31 December 2025
8
Operating lease commitments
31/12/2025 
30/06/2025 
£ 
£ 
At 31 December 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
60,000 
- 
Later than one year and not later than five years
480,000 
480,000 
Later than five years
660,000 
720,000 
1,200,000 
1,200,000 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
DLA
2,480 
7,219 
- 
9,699 
2,480 
7,219 
- 
9,699 
Loans to directors are unsecured and are repayable on demand. No formal loan agreement is in place in respect of these balances. Interest is charged on the outstanding loan balances at a rate of 10% per annum, calculated and accrued on a monthly basis.
10
Transactions with related parties
During the year, the company entered into transactions with companies controlled by directors and shareholders of the company, including Padel Xtra International Limited, Padel Xtra Clubs Limited, Padel Xtra Education Limited, Padel Xtra Group Limited, Padel Xtra GU7 Ltd, Padel Xtra L&L 2 Limited, Padel Xtra Leisure Facilities Limited and Padel Xtra Warehouses Limited. The transactions principally comprised payments made by the company on behalf of related parties in respect of operating costs and other expenses. At the year end, amounts totalling £6,093.60 (2024: £5,373.60) were outstanding and included within Amounts due from group undertakings etc.. The company also received loans from directors during the year. Interest is charged on these loans at 10% per annum and is calculated and accrued monthly. The loans are unsecured, repayable on demand and no formal loan agreements are in place. Amounts owed by directors are disclosed in note 9.
11
Average number of employees
During the period the average number of employees was 0 (30/06/2025: 0).
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