The Padel Group Limited

	Page
Accountants' Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

Report to the directors on the preparation of the unaudited statutory accounts of The Padel Group Limited for the year ended 31 March 2026

To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of The Padel Group Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the directors of The Padel Group Limited , as a body, in accordance with the terms of our engagement letter dated 16 April 2026. Our work has been undertaken solely to prepare for your approval the accounts of The Padel Group Limited and state those matters that we have agreed to state to the directors of The Padel Group Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Padel Group Limited and its directors as a body for our work or for this report.

It is your duty to ensure that The Padel Group Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of The Padel Group Limited . You consider that The Padel Group Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of The Padel Group Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

4th September 2026

Ascendis Accountants, Business & Tax Advisors Ltd

Chartered Certified Accountants, Taxation and Business Advisors

First Floor, East Wing, Sandfield House

Kings Close, Water Lane

Wilmslow

Cheshire

SK9 5AR

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The Padel Group Limited

Balance Sheet

As At 31 March 2026

Balance Sheet

Registered number: 09516198

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		6		6

			6		6
CURRENT ASSETS
Debtors	5	526,126		583,309
Cash at bank and in hand		28,098		61,937

		554,224		645,246
Creditors: Amounts Falling Due Within One Year	6	(175,005 )		(193,584 )

NET CURRENT ASSETS (LIABILITIES)			379,219		451,662

TOTAL ASSETS LESS CURRENT LIABILITIES			379,225		451,668

Creditors: Amounts Falling Due After More Than One Year	7		(206,500 )		(276,500 )

NET ASSETS			172,725		175,168

CAPITAL AND RESERVES
Called up share capital	9		100		100
Share premium account			188,001		188,001
Profit and Loss Account			(15,376 )		(12,933 )

SHAREHOLDERS' FUNDS			172,725		175,168

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The Padel Group Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 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.

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 Profit and Loss Account.

On behalf of the board

Mr Stephen Herring

Director

4th September 2026

The notes on pages 4 to 6 form part of these financial statements.

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The Padel Group Limited

Notes to the Financial Statements

For The Year Ended 31 March 2026

Notes to the Financial Statements

1. General Information

The Padel Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09516198 . The registered office is First Floor, East Wing, Sandfield House, Kings Close, Water Lane, Wilmslow, Cheshire, SK9 5AR.

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.

2.2. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.3. Investment in subsidiary

Investments in subsidiaries are initially recognised at cost and tested for impairment annually.

Investment in subsidiary UK Padel Courts Ltd - 5 shares

Investment in subsidiary The Hook Club Ltd - 1 share

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 2)

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The Padel Group Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

4. Investments

	Subsidiaries
	£
Cost
As at 1 April 2025	6

As at 31 March 2026	6

Provision
As at 1 April 2025	-

As at 31 March 2026	-

Net Book Value
As at 31 March 2026	6

As at 1 April 2025	6

5. Debtors

	2026	2025
	£	£
Due within one year
Other debtors	526,126	583,309

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Loan Notes and Other Loans <1 Year	175,000	192,079
Other creditors	5	1,505

	175,005	193,584

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Loan Notes and Other Loans >1 Year	206,500	276,500

8. Provisions for Liabilities


	Deferred Tax	Total
	£	£
As at 1 April 2025	(1,683 )	(1,683)
Deferred taxation	1,683	1,683

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The Padel Group Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

9. Share Capital

	2026	2025
Allotted, called up and fully paid	£	£
600 Ordinary A shares of £ 0.10 each	60	60
400 Ordinary B shares of £ 0.10 each	40	40

	100	100

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