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Company Registration No. 15894110 (England and Wales)
Holt Padel Tennis Ltd Unaudited accounts for the period from 13 August 2024 to 31 December 2025
Holt Padel Tennis Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Holt Padel Tennis Ltd Company Information for the period from 13 August 2024 to 31 December 2025
Director
W Beeson
Company Number
15894110 (England and Wales)
Registered Office
Bunns Cottage Swanton Road Gunthorpe Melton Constable Norfolk NR24 2NS England
Accountants
Weir Associates Ltd Allia Futures Business Centre Kings Hedges Road Cambridge CB4 2HY
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Holt Padel Tennis Ltd Statement of financial position as at 31 December 2025
2025
Notes
£
Fixed assets
Tangible assets
4
311,276
Current assets
Debtors
5
8,228
Cash at bank and in hand
1,120
9,348
Creditors: amounts falling due within one year
6
(120,139)
Net current liabilities
(110,791)
Total assets less current liabilities
200,485
Creditors: amounts falling due after more than one year
7
(91,952)
Provisions for liabilities
Deferred tax
8
(7,662)
Net assets
100,871
Capital and reserves
Called up share capital
34
Share premium
99,966
Profit and loss account
871
Shareholders' funds
100,871
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 director acknowledges his 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 and authorised for issue on 12 August 2026 and were signed on its behalf by
W Beeson Director Company Registration No. 15894110
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Holt Padel Tennis Ltd Notes to the Accounts for the period from 13 August 2024 to 31 December 2025
1
Statutory information
Holt Padel Tennis Ltd is a private company, limited by shares, registered in England and Wales, registration number 15894110. The registered office is Bunns Cottage, Swanton Road, Gunthorpe, Melton Constable, Norfolk, NR24 2NS, 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 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:
Plant & machinery
3-15
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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.
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Holt Padel Tennis Ltd Notes to the Accounts for the period from 13 August 2024 to 31 December 2025
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.
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 13 August 2024
-
Additions
322,028
At 31 December 2025
322,028
Depreciation
Charge for the period
10,752
At 31 December 2025
10,752
Net book value
At 31 December 2025
311,276
5
Debtors
2025
£
Amounts falling due within one year
Trade debtors
8,228
6
Creditors: amounts falling due within one year
2025
£
Bank loans and overdrafts
27,159
VAT
3,946
Trade creditors
3,117
Other creditors
(1,317)
Loans from directors
84,959
Accruals
2,275
120,139
7
Creditors: amounts falling due after more than one year
2025
£
Bank loans
91,952
The company's borrowings are secured by a fixed and floating charge over the assets and undertaking of the company.
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Holt Padel Tennis Ltd Notes to the Accounts for the period from 13 August 2024 to 31 December 2025
8
Deferred taxation
2025
£
Accelerated capital allowances
7,662
2025
£
Charged to the profit and loss account
7,662
Provision at end of period
7,662
9
Operating lease commitments
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
5,000
Later than one year and not later than five years
20,000
Later than five years
47,500
72,500
10
Average number of employees
During the period the average number of employees was 0.
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