REGISTERED NUMBER: 14836008 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

FOR

CROSS COURT PADEL LIMITED

Page

Balance sheet

1

Notes to the financial statements

2

Fixed assets

Tangible assets

4

387,527

-

Current assets

Stocks

2,231

-

Debtors

5

16,000

100

Cash at bank

15,800

-

34,031

100

Creditors

Amounts falling due within one year

6

100,373

-

Net current (liabilities)/assets

(66,342

)

100

Total assets less current liabilities

321,185

100

Creditors

Amounts falling due after more than one year

7

249,964

-

Net assets

71,221

100

Capital and reserves

Called up share capital

9

200

100

Share premium

115,870

-

Retained earnings

(44,849

)

-

Shareholders' funds

71,221

100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of comprehensive income has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 October 2026 and were signed by:

Mr M D Greir - Director

1.	Statutory information

Cross Court Padel Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 14836008. The registered office and business address is Cross Court Padel, Upton Road, Poole, England, BH17 7AH.

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

not provided

Fixtures and fittings

-

25% on reducing balance

Stocks

Stock and Work In Progress are valued at the lower of cost and net realisable value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Financial instruments

Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 2 (2024 - 1 ) .

4.	Tangible fixed assets

Improvements

Fixtures

to

and

property

fittings

Totals

£

£

£

Cost

Additions

381,808

7,625

389,433

At 31 May 2025

381,808

7,625

389,433

Depreciation

Charge for year

-

1,906

1,906

At 31 May 2025

-

1,906

1,906

Net book value

At 31 May 2025

381,808

5,719

387,527

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Other debtors

16,000

100

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Social security and other taxes

149

-

VAT

2,788

-

Directors' current accounts

31,970

-

Accruals and deferred income

65,466

-

100,373

-

7.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Other loans more 5yrs non-inst

249,964

-

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other loans more 5yrs non-inst

249,964

-

8.	Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

64,000

-

Between one and five years

234,667

-

298,667

-

9.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

200

Ordinary

£1

200

100

36 Ordinary shares of £1 each were allotted and fully paid for cash at par during the year.

64 Ordinary shares of £1 each were allotted and fully paid for cash at a premium during the year.

10.	Ultimate controlling party

None of the shareholders of the company hold a majority interest and therefore no individual is deemed to exercise ultimate control.