REGISTERED NUMBER: 02367147 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

NORTHERN LAWN TENNIS CLUB LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N H J Hewer

SECRETARY:

C Scott

REGISTERED OFFICE:

Palatine Road

West Didsbury

Manchester

M20 3YA

REGISTERED NUMBER:

02367147 (England and Wales)

ACCOUNTANTS:

Daggett and Company

Chartered Accountants

Parkway House

Palatine Road

Northenden

Manchester

M22 4DB

FIXED ASSETS

Intangible assets

4

69,930

916,632

Tangible assets

5

1,516,283

432,597

Investments

6

1

1

1,586,214

1,349,230

CURRENT ASSETS

Stocks

8,043

8,851

Debtors

7

50,403

50,437

Cash at bank and in hand

787,422

516,511

845,868

575,799

CREDITORS

Amounts falling due within one year

8

356,836

342,971

NET CURRENT ASSETS

489,032

232,828

TOTAL ASSETS LESS CURRENT LIABILITIES

2,075,246

1,582,058

CREDITORS

Amounts falling due after more than one year

9

92,821

102,955

NET ASSETS

1,982,425

1,479,103

RESERVES

Income and expenditure account

1,982,425

1,479,103

1,982,425

1,479,103

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 surplus or deficit 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 November 2025 and were signed by:

N H J Hewer - Director

1.	STATUTORY INFORMATION

Northern Lawn Tennis Club Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Income and expenditure

Income and expenses are included in the financial statements as they become receivable or due.

Expenses include VAT where applicable.

Intangible assets

Intangible assets comprise the costs of courts development at the balance sheet date. No depreciation is provided. They will be accounted for as tangible assets upon completion.

Tangible fixed assets

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

Land and buildings

-

2% on cost

Plant and machinery etc

-

at varying rates on cost

Investments in subsidiaries

Interest in the subsidiary Northern Lawn Tennis Club Trading Company Limited is measured at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

The company is liable to Corporation Tax on its income from non-members.

Hire purchase and leasing commitments

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 32 (2023 - 32 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2024

916,632

No description

(846,702

)

At 31 December 2024

69,930

NET BOOK VALUE

At 31 December 2024

69,930

At 31 December 2023

916,632

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

1,807,275

749,734

2,557,009

Additions

145,560

1,054,494

1,200,054

At 31 December 2024

1,952,835

1,804,228

3,757,063

DEPRECIATION

At 1 January 2024

1,499,010

625,402

2,124,412

Charge for year

25,021

91,347

116,368

At 31 December 2024

1,524,031

716,749

2,240,780

NET BOOK VALUE

At 31 December 2024

428,804

1,087,479

1,516,283

At 31 December 2023

308,265

124,332

432,597

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

1

NET BOOK VALUE

At 31 December 2024

1

At 31 December 2023

1

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

24,647

33,046

Amounts owed by group undertakings

-

1,604

Other debtors

25,756

15,787

50,403

50,437

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

10,648

10,648

Trade creditors

91,970

167,880

Amounts owed to group undertakings

3,896

-

Taxation and social security

39,065

11,395

Other creditors

211,257

153,048

356,836

342,971

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

4,150

14,284

Other creditors

88,671

88,671

92,821

102,955

10.	LEASING AGREEMENTS

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

31.12.24

31.12.23

£

£

Within one year

5,437

7,656

11.	RELATED PARTY DISCLOSURES

The company raised management charges to the subsidiary Northern Lawn Tennis Club Trading Company Limited of £2,100 (2023 £2,100. At the year end £3896 was owed to (2023 £1604 owed by) the subsidiary.

12.	LIMITED BY GUARANTEE

The company is limited by guarantee, not having a share capital and consequently the liability of the members is limited, subject to an undertaking by each member to contribute to the company on a winding up such amounts as may be required not exceeding one pound.