Pro Padel Courts Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 12250789

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		3,055		36,952

			3,055		36,952
CURRENT ASSETS
Stocks	5	114,819		89,076
Debtors	6	216,919		146,027
Cash at bank and in hand		249,707		118,148

		581,445		353,251
Creditors: Amounts falling due within one year	7	(460,287 )		(311,408 )

NET CURRENT ASSETS (LIABILITIES)			121,158		41,843

TOTAL ASSETS LESS CURRENT LIABILITIES			124,213		78,795

Creditors: Amounts falling due after more than one year	8		-		(71,411 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	9		(6,664 )		(7,246 )

NET ASSETS			117,549		138

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			117,449		38

SHAREHOLDERS' FUNDS			117,549		138

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Pro Padel Courts Limited

Balance Sheet (continued)

As At 28 February 2026

For the year ending 28 February 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 Paul Regan

Director

15/10/2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Pro Padel Courts Limited is a private company limited by shares, and is incorporated in England & Wales (registered number 12250789 .) Its registered office is located at No. 5 The Heights, Brooklands, Weybridge, Surrey, KT13 0NY

The principal activity of the company continued to be that of the manufacture of sports goods.

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.

The financial statements are presented in sterling, which is the functional currency of the company.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% straight line
Motor Vehicles	25% reducing balance
Computer Equipment	33% straight line

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

2.5. Stocks and Work in Progress

Stocks are stated at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Work-in-progress is valued at the lower of cost and net realisable value and is reflected in the financial statements on a contract-by-contract basis by recording turnover and related costs as contract activity progresses.

2.6. Financial Instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, and loans with related parties and other third parties.

Financial Assets

Basic financial assets, including trade and other receivables, and cash and bank balances are recognised at transaction price, less any impairment.

Financial Liabilities

Basic financial liabilities, including trade and other payables, are recognised at transaction price, less any impairment, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

2.7. Foreign Currencies

Monetary assets and liabilities denominated 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 rate ruling on the date of the transaction. All foreign exchange differences are taken to the profit and loss account.

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Pro Padel Courts Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

2.8. Taxation

The overall tax charge represents the sum of the tax currently payable and deferred tax.

Current and deferred tax are recognised in the profit and loss account 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. On the grounds of immateriality, deferred tax assets and liabilities are not discounted.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because it excludes items of income and expenditure that are not taxable or deductible, or that are taxable or deductible in other accounting periods. 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

Deferred tax is provided in full on timing differences which result in an obligation at the balance sheet date to pay more tax, or a right to pay less tax, at a future date, at rates expected to apply when they crystallise. Timing differences arise from the inclusion of items of income and expenditure in the taxation computation in periods different from those in which they are included in the financial statements.

Deferred tax assets are recognised to the extent that it is regarded as more likely than not that they will be recovered.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 1)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 March 2025	4,132	46,350	4,324	54,806
Disposals	-	(46,350 )	-	(46,350 )

As at 28 February 2026	4,132	-	4,324	8,456

Depreciation
As at 1 March 2025	1,354	14,883	1,617	17,854
Provided during the period	1,033	6,240	1,397	8,670
Disposals	-	(21,123 )	-	(21,123 )

As at 28 February 2026	2,387	-	3,014	5,401

Net Book Value
As at 28 February 2026	1,745	-	1,310	3,055

As at 1 March 2025	2,778	31,467	2,707	36,952

5. Stocks

	2026	2025
	£	£
Stock	114,819	89,076

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Pro Padel Courts Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	119,805	69,702
Prepayments and accrued income	15,195	5,044
Other debtors	31,286	71,281
Directors' loan accounts	50,633	-

	216,919	146,027

7. Creditors: Amounts falling due within one year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	-	7,218
Trade creditors	118,505	29,634
Corporation tax	81,322	-
Other taxes and social security	2,546	24,604
VAT	100,149	56,329
Net wages	1,926	-
Other creditors	3,890	4,835
Accruals and deferred income	151,949	188,788

	460,287	311,408

8. Creditors: Amounts falling due after more than one year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	-	22,931
Other loans	-	48,480

	-	71,411

9. Deferred Taxation

The provision for deferred tax is made up as follows:

	2026	2025
	£	£
Other timing differences	6,664	7,246

10. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

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Pro Padel Courts Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

11. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 March 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 28 February 2026
	£	£	£	£	£
Mr Paul Regan	66,696	83,937	(100,000 )	-	50,633

The above loan is unsecured, interest free and repayable on demand.

12. Related Party Transactions

At the balance sheet date, the company owed £3,760 (PY: £3,800) to Paul Regan Organisation Ltd and is owed £27,000.00 (PY: nil) from Pro Padel Forest Mere Ltd.

13. Ultimate Controlling Party

The company's ultimate controlling party is Paul Regan , by virtue of his shareholding in the company.

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