Hertfordshire LTA Limited 31/12/2025 iXBRL

Company registration number: 02851601

Hertfordshire LTA Limited

Company limited by guarantee

Unaudited filleted financial statements

31 December 2025

Hertfordshire LTA Limited

Company limited by guarantee

Contents

Directors and other information

Statement of financial position

Notes to the financial statements

Hertfordshire LTA Limited

Company limited by guarantee

Directors and other information


Directors
	Mr. M F Corrie	(Resigned 6 March 2025)
	Mr J L Evans	(Resigned 6 March 2025)
	Mrs B Amos
	Mr T C Bentall	(Appointed 6 March 2025)
	Mrs H G Elliott	(Appointed 6 March 2025)
	Mr S R Foster	(Appointed 6 March 2025)


Company number	02851601


Registered office	Vaughan Chambers
	Vaughan Road
	Harpenden
	Hertfordshire
	AL5 4EE


Accountants	Hicks and Company
	Chartered Accountants
	Vaughan Chambers
	Vaughan Road
	Harpenden
	AL5 4EE

Hertfordshire LTA Limited

Company limited by guarantee

Statement of financial position

31 December 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Intangible assets	6	87,392		94,246
Tangible assets	7	644		295
Investments	8	10,000		10,000
		_______		_______
			98,036		104,541

Current assets
Debtors	9	36,653		4,059
Cash at bank and in hand		434,585		342,391
		_______		_______
		471,238		346,450
Creditors: amounts falling due
within one year	10	( 17,436)		( 62,632)
		_______		_______
Net current assets			453,802		283,818
			_______		_______
Total assets less current liabilities			551,838		388,359

			_______		_______
Net assets			551,838		388,359
			_______		_______

Capital and reserves
Profit and loss account			551,838		388,359
			_______		_______
Members funds			551,838		388,359
			_______		_______

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

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

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

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 05 February 2026 , and are signed on behalf of the board by:

Mrs B Amos Mr T C Bentall

Director Director

Company registration number: 02851601

Hertfordshire LTA Limited

Company limited by guarantee

Notes to the financial statements

Year ended 31 December 2025

1. General information

The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is Hertfordshire LTA Limited, Vaughan Chambers, Vaughan Road, Harpenden, Hertfordshire, AL5 4EE.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Intangible assets

Operating licences are valued at cost less accumulated amortisation.The operating licences agreement in place with Gosling Sports Park ends in 2039. Amortisation is calculated to write off the cost in equal annual instalments over their estimated useful life of 25 to 30 years. At 31 December 2025 the useful life remaining was 13.75 years.

Tangible assets

Tangible assets are initially recorded at cost, and is subsequently stated at cost less any accumulated depreciation and any accumulated impairment losses.Any tangible assets carried at revalued amounts is recorded at the fair value at the date of revaluation less any subseqeunt accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Fittings fixtures and equipment	-	15 %	reducing balance
Computer equipment	-	3 years straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Fixed asset investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.Debt instruments are subsequently measured at amortised cost.

Defined contribution plans

The pension costs charged in the financial statements represent the contribution payable by the company during the year.

4. Limited by guarantee

Every member of the company undertakes to contribute to the assets of the company, in the event of the company being wound up while he or she is a member, or within one year after he ceases to be a member, for the payment of debts and liabilities of the company contracted before he ceases to be a member, and for the costs, charges and expenses of winding up, and for the adjustment of the rights of the contributories among themselves, such amount as may be required not exceeding £5. At 31 December 2025 there were 3 members (2024 - 3 members).

5. Employee numbers

The average number of persons employed by the company during the year amounted to 4 (2024: 4 ).

6. Intangible assets

	Other intangible assets	Total
	£	£
Cost
At 1 January 2025 and 31 December 2025	349,503	349,503
	_______	_______
Amortisation
At 1 January 2025	255,257	255,257
Charge for the year	6,854	6,854
	_______	_______
At 31 December 2025	262,111	262,111
	_______	_______
Carrying amount
At 31 December 2025	87,392	87,392
	_______	_______
At 31 December 2024	94,246	94,246
	_______	_______

7. Tangible assets

	Fixtures, fittings and equipment	Computer equipment	Total
	£	£	£
Cost
At 1 January 2025	4,474	1,416	5,890
Additions	399	-	399
	_______	_______	_______
At 31 December 2025	4,873	1,416	6,289
	_______	_______	_______
Depreciation
At 1 January 2025	4,181	1,415	5,596
Charge for the year	49	-	49
	_______	_______	_______
At 31 December 2025	4,230	1,415	5,645
	_______	_______	_______
Carrying amount
At 31 December 2025	643	1	644
	_______	_______	_______
At 31 December 2024	293	1	294
	_______	_______	_______

8. Investments

	Other investments other than loans	Total
	£	£
Cost
At 1 January 2025 and 31 December 2025	10,000	10,000
	_______	_______
Impairment
At 1 January 2025 and 31 December 2025	-	-
	_______	_______
Carrying amount
At 31 December 2025	10,000	10,000
	_______	_______
At 31 December 2024	10,000	10,000
	_______	_______

9. Debtors

	2025	2024
	£	£
Trade debtors	2,614	2,978
Other debtors	34,039	1,081
	_______	_______
	36,653	4,059
	_______	_______

10. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	4,518	8,974
Corporation tax	1,908	648
Social security and other taxes	1,139	1,956
Other creditors	9,871	51,054
	_______	_______
	17,436	62,632
	_______	_______

11. Related party transactions

Hertfordshire LTA Limited has a close working relationship with Hertfordshire LTA (Sponsorship) Limited . Both entities are undercommon control.During the year the company recharged expenses with a net value of £50,252 to Hertfordshire LTA (Sponsorship) Limited (2024 - recharged from Hertfordshire LTA (Sponsorship) Ltd £18,474). At 31 December 2025 the balance due from Hertfordshire LTA (Sponsorship) Limited was £34,039 (2024 - owed to Hertfordshire LTA (Sponsorship) £16,213) (Disclosed in note 10 and 12).

12. Controlling party

The directors are the ultimate controlling party of the company .