REGISTERED COMPANY NUMBER.. 0578.170S IEnglDd and WAle$) REGISTERED CtiAiUTY NUlkiBER'. 1115040 naudited Financial Statetnen f rth Y arEnded31 March 2 HALTON T 1mld b Guaran AEFPMCZT* 2011112025 COMPANIES HOUSE A3
158
HALT N TENNIS C RE Contents of the Finan¢ial talements r the Year Ended 31 March 2025 Pagc Reference and Administrative Details Report of the Trnslees 2 to 9 Lnd¢p¢nd¢nt Examinefs Report io Statement of Financial Aclivities Baldnee Sheer 12 to 13 Notes to the Financial S¢A*rnents 14 to 23
HALTON TENNIS CEN Reference and Administrative Detai f rth YearEnded31 Ma h 2025 TRUSTEL8 GARoe D M Campion (resigned 03.10.25) C Duff E A Pri¢¢ (resigned 10.1.25) D Gange (restgned 03.10.25) R J Pain (re$ign¢d 03.10.25} J H Walker T Mayer (appointed 12.7.24) S Parn)iggiani (appointed I1.4.25} Dr R Hyw¢l James (appoint¢d 10.1.25) REGISTERED OFFICE Chestnut End Chestnut Avenuc Halton Village Bu¢kLn8bamshire HP22 5PD REGISTERED COMPANY NLfMBER 05783705 (England and Wales) REGISTERED CHARITY NUMBER 1115040 INDEPENDENT EXAMTNER James co)rr Kreston 2 Communi¢alions Road Greenham Busin¢ss Park Greenham Newbury RG19 6AB Page I
HALTON TENNI CENTRE rt of the Trustees for the Y ar End d 31 March 2025 The Tntee4 who are also direelors of the charity for the purposes of the CompaDies Act 2006.. present their annual report together with the audited fmancial sthtements of Halton Tel15 Centre (the ChaTity) for the year ended 31 March 2025. The Trustees confimi that the Annual Report and financial sthtements of the company comply with the current stabjlory i'equirements. the requirements of the company's governing docutnent and the provisions of the Ststement of Recommcnded Practice (SORP), applicable to charities preparing their accoun in ac¢ordan¢¢ with the Finaneial Reporting Standard applicable in iht UK and Republic of Ireland (FRS 102) (cffe¢iive l January 2015). Since the Charity qualifies as small under se¢tion 383. the strategi¢ report required of medium and large companies under The Companies Act 2006 (Strategic Report and Direetows Report) Regulations 2013 is not r¢quir¢d. Page 2
NT ort of the Trustees for the Year Ended 31 March 2025 OBJECTIVES AND ACTIVITTFS Objectives and Alms In sumnjary. our obj¢ctives as set out in the governing document ar¢ to provide appropriat¢ L¢ad¢rship, manag¢m¢nt, and facilities. ¢ncourage and attract people to work alld io ensure the smooth organi5ational And strategic wellbeing of the Halion TeDnis Centre (HTC), whilst also ensuTing its fLnan¢ial sustainability, environmental and educational susLqinability as a multi ac(ivity and social asset foT the local ¢ommunities to enjoy. In addition. we offer a willingness to help people when they are unable to afford to play. through supporting bursaries for both adults and Children. We also embedded educationllife skills learning into the junior Sessions through the 4 Rs programme included in all coaching (Respect, Responsibiliry, Resilience & Reflection). We support free acces5 and training for local youn8 tal¢nted aihl¥t¢s of all 5POrts through our health and fitne55 fa¢ililies and our Olympic Icgacy prograrnme. We prov?de iennis for those with disabilities (both physical and mental health) Ihrough diff¢r¢nt tennis a¢tiYities including daytime festivals of tennis at no charge, working with the South BuLks S¥hools Sport partnership, for local school children at special needs schools. over 300 participants annually enjoy these festivals. We have maintsined our disability t¢nnis squad sessions with participants in th¢ Dowtts's 5yndrom¢, Visually Impaired and Special Education Needs groups, both adults and children. As a r¢sult, we Continue to bid for and attract grant fvnding to suppon ihe acliviti¢s. We are very Proud to be a community-bas¢d a$s¢t for everyon¢ to arress botb socially and sporting. Our clubhous¥ is a hub tor daytime walkeis and locals as well as being regularty booked by the local community for events and by the Pai'ish Council. We mamtain a S¢rong wOrkS i'elalionship with the Parish Council and support them with the fiJDJre stratrgic neighborhood planning in readiness for the planlled closui'e of RAF Halton in due course. Every week we hold open club se9sions (Rusty Ra¢kels) on a Thursday & Saiurday for botb visitors. potential members and membeTs io bring friends and relativ¢5 to try l¢nnis and hit som¢ ba115 and have fun. We continue io offer & PAYG for non-members and coaching sessions for new ro tennis branded GTAG (give tennis a go) as well as a much cheaper GTAG membership and "Parent" membership to help families play with their children which has over 60 participants. Parents of younger children age up to 8 are ell¢ouraBed to go on court with their children free of charge. As well as our Junior (age l2+) club and PeTforniance.j unior sessions. free junior membership is included witb all coaching courses up to age I l. Wellbeing and bealih ar¢ ¢n¢ouragcd Ibrough our very popular Cardio tennis sessions. We provide I S so¢ial lennis ses5ion$ each week to suii a range of ages And abiliiies for boih members and PA YG customers and 12 differeni social compeiitive a¢tivilies. We offer competitive tennis thTough 58 different adults l¢ams including mixed and vet¢rans plus 13 Junior teams and 55 Junior Coaching groups from age 2-18 for Some 500 children e4¢h week as well as delivery into local schools. Our airns, in¢luding changes we seek lo make througb our aclivili¥s are articulated in tbe Halton Vision. but in ess¢D¢e our Objective is to offer the "Complete Learning Experienc¢" through a strategy of div¢rsifi¢ation of activities #ttd int¢8rntiott of our CUlTele10$ attitude5 and bchaviours and new ideas. Whilst a more cornplex model, it do¢$ provide belt¢r results for everyone. Our Conference roorn is rented out lo a v.lety of local community groups itKluding Arts and Crafts and the indoor MIDI zone is regularly booked by the local U3A group. We have buili a second room for this popular usage. Bucks County Cricket also use Halion, and we look forward 10 continuing to support opportunities for local ¢bildr¢n to play and train all year round using our indoor facilities. We also hosl a local business called "Ac(ive in the Community" Ivith over 30 young statTwbo provide local iieDues and schoo15 with a variety of sporting activities. We will be working closely with them in the future to promote multi sports activities. In simple ternis we aim is to make people happy and enjoy themselves. By way of explanation of the main objectiv¢s for th¢ year aDd strategies for achieving th¢m, tbcy were to ¢ontinue continue to provide a social enlerprise a thriving environm¢ntally sustaillablc ¢Dvironm¢nt for the various a¢iivities taking place and ensure tbal the quality and customer care were maintained at a high level lo ensure the HTC Vision ivas being delivered. We continue to heavily invest resources iti dabiLIty tennis & delivering coaching io local schools including free tsster sessions in many local PriDUry schools. Page 3
HALT N TENNIS CENTRE ort of tbe Trustees rth YearEn 31Ma 025 ACHIEVEMENT AND PERFORMANCE A review ot"OUT charitable activities has been ¢arrAed out by thc TNstees' below is a rcview of performance against objectives. The past year has been successful, both in ternts of financially stability and managing through ihe exlcrnal economic hallenges with inieresi rates and inflation as well as the dramatic increases in utility costs; building further our ettvirotmnental sustainability. invesrment in neiv facilities and maintaining our reserves, but also operatioJ]ally by ontilluing to grow our tennis offerings sucb as investing in our existing facilities to be the very best facility within Buckinghamshire in this respect. Pickle ball has been a very popular addition duriDg the year with botb social aod ¢ornp¢tition activities. Parti¢ularly popular with tbe older age group and young families as a physiGal fun 8¢tivity that is easy lo play. We arc particularly proud of our efforts to ethicate, motivate and inspire environmental sustainability and invest in Ibe journey to reduce ow ¢arbon foorprint and energy ¢onsunJption. Wc have been selected as a ease study club by the LTA lo sbowcase how a club ¢an contribute. Since 2014 oui. energy consumption has been reduced by over 35 /0 and wiib the new clean energy solar project will be over 50/0. All additional 3 solar and air source projects are underway as well as major change from air halls to fixed structur¢s. Our gymlhealth centre continues to evolve to offer more activities and recover its membcrship, to support both perforniance players and othcr local ¢lubslsports with its specialisl training & rchabilitalion offerings. All the classes Jr¢ open lo thc public. A new outdoor area ha8 beett built lo encouTa8e more ouidoor fre5b air aclivity. D¢mand for physiotherapy and $port massage has enabled us to invest in 2 further therapists. Our coaches ar¢ trained in the delivery of disabiliry tennis, and we work with the Bucks school's sports partnership, Stoke Malldeville I Wheel power. Adult r¢nnis foi the local community has continued with a widc agc Broup enjoying the fa¢ilities. Rusty Rackets hos beeD very successful in en¢ouraging people batk into sport. wilh free taster places being offered 811 year round. The GTAG (give tennis a go) taster metnbership has been very popular with over 60 new people joining this group. The High-Perfornan¢e tennis a¥liviry has flourishcd with ex¢ellent on ¢ourt results with nurnerous players from local ¢lubs aLC¢S5in8 our squads. An education opportuniry for home schooling and pastoral care 15 SUPPOrt¥d. Our foLUS on education and pastoral c¢ support will be a bi8hlighl for th¢ coming years. We wer¢ proud to again be selecied lo host 2 prestigiou5 Tennis Europe U12 event for the best juniors in Europe as well as aD international veteran's event. The RAF continues to host their trdining and tournament programme, malch & pra¢tice sessions at Halton, including novice tournaments in June as a Prelude lo the Inter Services at Wimbledon. Our coaching team has been a¢tive throughout the year running training sessions for ihem. Our ¢alrrin8 and bar facilities u$in8 a local fraDchise partller provides a wider off¢rin8 to the local community 85 its "hub" and bosted numerous events iocluding charitable fund rnislng during the y¢ar. Pub]i¢ benefit HTC 15 acutely aware of its place in the wider conuDunity. Mosl of its staff, members and casual users live within l O mile.% of the Centre. We offer full recycling facilities for m8terials used at the Centre, and we continue to b¢ proaclivc in r¢du¢in8 th¢ p14Sti¢ Cup iiqe in th¢ gym, with a tap water $yslem and a wood burner lo heat the ¢lubhouse. We have removed the gas heatin8 from both domes and changed th¢ ¢lubhousc boiler io electric to maximise the benefirs of ih¢ solar panels. W¢ plan to invest in EV Car Char8ittg POlllt5 for the local community to use once the domes hav¢ been changed and release the additlODal electricity supply required. We hav¢ created our own HaltOD Gard¢n - 0wiTh8 from scratch our flowers and plants and many vegetables. We COQlinu¢ to invest in staff training and development supporlmg their learning aDd growth and plan to create Staff room and added focus on pastoral and well being support. We provide employment opportunities lo over 50 people. Mentoring yOUDg people al Halton is also a feature of how we inves¢ ID our young people And ¢oniinue to offer the summer l'M work experience pro8ramme to local ehildren. Page 4
HALTON TENN] CETr rt of Ihe Tn15ttts for the Year Ended 31 Ma We work hard lo eJsur¢ that as many adults and children bav¢ tbe chance to play tennis at Halton and promote access to a healthy lifestyle for the local MMunIty. The ineluslon of Physio and sports massage fa¢iliries bas been very popular. We allow access to talented children to play regardl¢s8 of their ability to pay. All comers are welcome to our many holiday camps for children. Our Easter and Sun]mer school holiday camp activlty has agait) been succ¢5sful and over 300 children atteudcd over the 8 weeks. The ¢amps are open to non members and are a¢tively promoted in iht local comtDuniry. Coa¢hing is always available to non members. Our mini lenDiS and toddler tennis (sporty tors) concinue to be one of our major sutcess stories. ulilizing ihe 3 indoor mini courts and 4 outdoor mini courts as well as priority aecess to other indoor courts to ensure they can play all year round. We continue to invest into ihe mini tennis age group and ioddler tennis (sporty lots) has been an outstanding growth area for us with many regular weekly players. As indicated elsewhere in this report. young players really forni the h¢art of th¢ Centre. W¢ are held up by the LTA J5 a grcat exampl¢ of the "Ecolo8y of a SULcessful Perfonnancc Centre in a club cnvironment. and regularly receive calls of help from other clubs. As the home for RAF nn1$, the ¢¢ntre provides for the "efficiency" of the Royal Air Force, in t¢rms of fitness, team development, gril and Courage and enhanced retention through the release of stresses and strains not least around lh¢ operational deploymenls. In 8ddilion, HTC bas a¥aiD supported different charities and schools ¢IoUgh th¢ free use of facilities. FTNANCIAL REVIEW Financial position Details of prin¢ipAI fuDdin8 sources and how expenditure his supported key obje¢liv¢s is appended below. The priniipal sour¢es of fuDding arc from mcmb¢rship subscriptions and coaching incomes from parents. Holisti¢811y all ihe elements are intertwined and inter d¢pendent upon each other. The Statement of Financial Activitles sbows net income of £86.543 (2024.. nel income of £86,948) for the year and our reserves Sland at £1,110,538 (2024.. £1.023,995) in lofal. The TNslees consider the fthancial position of the Charity to b¢ satisfactory. Reserve8 poIIcy The Trustees have determined that they will seek to maintain 2 key financial ratios at or above An aBreed minimum (Lurrent ass¢lsl¢urrent liabilities and net currenr ass¢t$lloD8 temi liabilities) to ensure our sustaioabilily. ¢ashtlow and ability to investltake adantage if tbe opportwiiry &rises. The trusree5 confirni these ratios ar¢ above th¢ nynimum level at rhe year end. The club 15 in a strong position with ils facililies all in good ¢ondilion. On av¢ras¢, Ihe club needs 10 replace £ I Ook of assets ¢a¢h year, albeit a significant element is only required every 25 y¥ars (domes). The dom¢s will b¢ replaced with a more permanent structure between 2035-40. This will a150 511PPOrt our carbon neutral ambitions and reduce inflation co8¢ wast¢. Whilst many charilies express theii. free reseive position a$ a rrtultiple of their monthly ¢osls, the cw'i'ent level of reserves provides the Trusttts with sufficient reassurance and mol'e than sufficient cover foi. its regular operations. Page S
ON TENNIS CENTRE ort of the TN5tees for the Year En d31Mar h 2025 STRUCTtrRE, GOVERNANCE AND MANAGEMENT En setting our objectives and planning our activities, the Trust¢¢s have Considered the Charity Commission's guidance on publi¢ benefit. Tn line with the guidance from the Charities Commission, we are focused on.. Succession planning & People development recognising thai personal gr0h is a prerequisite to business gTOWth. We remain invested in Cyber Securtty a¢tiviries and leadership in tennis club environment activities which have both been recognised by the LTA and promoted widely to ov¢r 2000 tennis clubs in th¢ UK. Thc procaurc for appointing and training new trustc¢s is dealt with by the exi$tin8 Board of TTUStees. The Board r¢vi¢w the existing .iituation ot th¢ ¢harity and the role the retiring trustee fulfill¢d, before looking at th¢ skills and competencies requir¢d in replacing them. Advertisements will be placed in appropriate publications and word ofmouth. Induction and training are provided via on-the-job training by the existing Chairman with a vlew to the historythdckground of the Chariry and Centre und its vi$ion/aim5 and lo discuss expeclalioa5 rc role and what Ihey can bring to the charity. Backgi'ound ¢opies of Board meetings and rhe Constitution and other rel¢vanL documenlaiion are pi'ovided. The organisalional styucture currently comprises of trustees. one of whom is noninaled as Chairman for a period of 12 months. Decisions are made at minuled Board meetings which lake place quarterly. as well as ai Ihe AGM. Tbe Charity bas a relationship wiib the RAF Tennis Association, And the LTA. both of whom use ihe f&cilitics from tim¢ to lime. The Charity role as HTC is th¢ provision of facilittes. From 2024 we will &lso have i dirccl relationship wilh the RAF Central Funds as the14ndlordltseeholder. The Charity is regisiered as a charitable Company limited by guarantee and was set up by a Memoralldum of Association. The Charity is consiituied under a Mernorandum of Association and is a registered ¢bariry number 1115040. The Charity brings together Ihe acliviues of Halion Village Laivn Tennis Club (HVLTC) and the Royal Air Foire Lawn Tennis Association (RAF LTA) into a mubjally reinforcing, fonvard lookLng organisation. Tbe facilities are also open to the public including th¢ Caf¢ to use and hire, and all classes and coaching aclivitie5 are op¢n to the public. HTC provides members of the HVL TC with a high-quality location for their civilian club and a springboard for excellence through the Perfonnance Tennis and the RAF L T A wilh a high quality ra¢ilityi which they regard as iheir 'home" site for RAF tenni¥ competitions and matches. The provision of tennis for those with disabilities continues to be a significant activity over the pAst yellr. As well as nnIng groups and individual sessions during the weck. we provide tennis festival days at Halion each year for local SEN (special needs schools) off¢ring tenDiS & a diy out of school for up lo 60 children from up to 8 %hools each time. W¢ have just agreed to in¢reas¢ the Dumb¢r of festivals which ar¢ n]n free of cbarge as well as moving into multisport ¢hoAce for them. We work closely with both the T¢nni8 Foundation to suppon th¢s¢ actlvities as well as with th¢ lo¢ SEN schools Sport patlnership mang¢r. Investmeni in Pickleball and potentially Padel will Tther ¢nhanLc thcs¢ relarionships and widen fijrther participation levels. HTC has a long lease on the site from th¢ RAF LTA, at a peppercorn rale, io licu of the ¢ffeclive tnanagement of th¢ slte and its fa¢ililies. This is being reviewed to allow us to work more closely witb the Fr¢¢bolder- the RAF Central Funds. The ChaTlty provides a strong learning environment, through Ihe Everyball Coaching team for yOUDg players who wish lo focus on lennis os 4 eareer. from age I l upwards. using a mixture of direct teaching from tutors and distance learning. Work expeTi¢nee weeks for 6 children are offered each summer. We also supporl and train oui. interested older jutiiors lo become 'ienDiS leaders. helping wilh the mini squads and camps. Page 6
HALTON TENNIS CENTRE ort of the Tnjslees forth Y arEnded 31 Mo We d¢liver tennis to many local Schools as we seek to promote tennis and it$ role in a h¢althy lifestyle. We anticipate the schooL relationships flourishing fijrther in respect of both a 11-11me teAlS1¢duCation mix and continue to see students applying for scbolarships to USA coEl¢ges. For thosc who have left education, Ihc Chariry offers an opportuniry io advance in the field of tennis coa¢h education. Gap Year opportunities are also offered to A level students lo work at the Centre as well as numerous work experience opportunities for GCSE students. Our learning body ¢alled Cbiltern Insti* of Leaming & Development Continues to flourish and bring together coaches and trainers across all sports in the area utilising our conference room. FUTURE PLANS As a Board we will continue to support our rolc in the community to refle¢¢ better ihe wide nature of our activitie5. We WAII continue our ludership styl¢ that has brought us success over a long period and continuous growth over the past 15 years wbilst blending in a r¢n¢wed focus on 4 ar¢as: environm¢ntal & financial sustaiD4bility, succession planning and ¢du¢ation/pastoral care. W¢ &im to be¢ome ¢grbon neutral by 2029- Known as Projeci Zero The i'eview of our Carbon Footprint ivith a vieiv 10 embarking on a Catboll neutral journey bas resulted in various actions to r¢duce our energy consumpuon and is somethin8 we are very proud of and will Colltlllue to embrace. The 73 solar panels on the roof are the equivalent of planting 90 trees per year and reduce our C02 emissions by @9 tontLes per year. Our overall solar initi4tive is the equivalent of pl8nling 400 tr¢e$ per ye8r We see an opportunity for solar panels on a large scale iviib our iolal C02 being brought down from nearly 200 tonnes in 2014 lo just 10 tonnes per year. We have colle¢led J lot of d8ia and are now investing 8¢TOSS the site in a Prudent manner as the capital costs are high. We have installed 8 large Poly lunnel lo grow our own plants and food for the kitchen. In due ¢ourse wc plan to involve our juniors ID creatin8 8 gardening club. We have idenufied Pickleball and Padel lenni5 a5 Dew Sports which will appeal to a ivider audience thaD just leunis. It bas Ibe full $upporl of tbe LTA and is very popular in Europe. We now have I l indoor Pickleball Courts attd 2 ouidoor. Ncxl year we hope 10 build 2 indoor Padel ¢ourls. We aim to continue building the Llub environment f¢¢1 for all participants as a social ¢ttt¢rpri$e (memb¢rs and non-m¢mb¢rs) with a focus on tennis and health. Planning Perniission has been obtained lo install 2 Padel Courts. Timing for both will depend on Ihe financial forecASlS and continued ability to repay any loan$. We ¢ontinue to acl as ihe LTA hub for tennis, hosting match play evcnts, County training and tournamenrs including the high profile European U12 event. Our ambition is to make our facilities and coaching expenise As widely available as possible and expand to include more educationavpasioral support and facilities. We arc Continuing to focus on the younger a8e groups activities and facilities improvements & plan 10 increase tennis opportunities at the early ages of 4- 5 age group as w¢ll as toddler tennis for age 2+. We will continue to directly support other local cbarities such as the Flor¢nee Nightingale Hospice and PACE. We continue our bwsary for long Standing memb¢r$ who fmd thernselves in fLnancial difficulties in the current economic situation. Additional voluntary tutiding from members 1$ also provided to top up the costs of performance players when requii'ed as w¢ll as a KTDA (keep ibe dream alive) monthly raffle. Welcoming players new to the game or renoing after a break Imany haven't played since scboolthaving Children) is g key focus for us every year tlll'ough our Rusty Rackets. Coacbing and persooal training is available lo the public. Page 7
HALTON TEWNIS ort of the Trustees for the Y ar End d 31 March 2025 In du¢ course, we hope to purchase addttional land adjac¢Dt to the Centre when it b¢com¢s available, to primarily support additional sporting facilities and car parking as w¢ll as a wider multi-sport set of activities including n¢tball & crioket and in general tenns more support for girls sporting activiry. Inveslment in making the facilities warn & welcoming and beautifvl / landscaping and gardens will continue over the next 12 months. albeit caution will be th¢ watcbword as cashflow is challenged by the economic siluation. Tangible red a55ets for us¢ b). the ChArity Details of movements in f)xed assets are set out in th¢ notes to the accounts. Directors and Trustees All directors of the company are also Trustees of the Charity, and there are llo other Trusiees. All tbe Tnjstees narned on page I served throughout the period. Tbe Br)ard bas the power to appoint udditional Trustees as li considers fit to do so. Two of th¢ dir¢¢tors ar¢ original appointees at the tim¢ of th¢ HTC'S ¢reation. They ar¢ a well-balanced grouping with a broad range of busine55 and public seivi¢e skills. Within their area of expcrtise, chey continue to enhance their skills as trustees and directors. Rlsk management The Tiwstees actively review the major risks which the Charity faces on a regular basis and believe tbat maintaining reserves at cun'ent levels, combined with all annual review of the ¢ODtrols over key finan¢ial systems, will provid¢ sufficient r¢$ource5 in Ihc event of adv¢rs¢ ¥onditions. The Trustees have also examined other operational and business ri.sks faced by ihe charity and ¢onfim thai they have ¢stabli$hed sy$tems to mitigate the signifi¢ant risks. The Covid-19 situation highlighted the additional need to explore external wider geopolitical environmental risk$ to the Lentre thal are beyond our Control but can have a significant impact. Our (2019) ProcLu'ement Policy and pi'ocesses are now embedded ro ensure we maintain rransparent and credible decision making, ¢$p¢¢ially for our higher value purchases. Safeguarding of Vulnerable Young Adults bas also been higblighted as a key risk by the LTA and appropriate steps (policieslprocedures and communi¢a¢ion) have been pul in place. HSA W and Safeguai'ding al'e a fixed agenda item at all Board meetings, the Tennis members committee meeliDgs as well as the inrernal weekly operational meeting. The announcement of the closure of RAF Halton in Dccember 2030 remains an opportunity and a threat and has been taken on board by the trustees as it will cause a si¥nifi¢aDI irnpa¢t to the local communiry not least with the significant planned additional housing (approx. 1200 in the I, Pbase); w¢ ar¢ workin8 Wlth the local Parish Couucil to eD5ure that our future plans ar¢ aligned and we Can ¢ontinu¢ lo support a morc dense local population initially sotne 2500 p¢ople, a primary school etc. Th¢ threar ot competing facilities SULh as another gym as well as pbysi¢81 disruption trorn the building ivork and roads is also reeognised. Statement of Trustees re$pon$lbiliti¢s The Trustecs (who are also direetors of Halton Tennis Cenrre for the purposes of company law) are i'esponsible for preparing the Tru5te¢s' Report and the tinancial slalemcnts in accordan¢¢ with applicable law and United Kingdom Accounting Standards (Unit¢d Kingdom Generally Accepted Accounting Pra¢ti¢e). Company law requires the Trustees to prepare financial 5talemcnls foT each financial year. Under company law the Trustees must not approve th¢ finaneial statements unless they are satisfied that ih¢y give a true and fair view of th¢ state of affairs of the charitable company and of the incoming resources and application of resources, in¢ludiniF the income and expenditure, of the ¢haritable company for that period. In preparing Ibese financial ststemenls, the Trustees are requircd to.. select suitable a¢¢ountin8 policles and then apply them consistently. observe the methods and prin¢ipl¢$ in the Charities SUR. make.judgments and aceounting estimates that are reasonable and Prudent. prepdre the financial statements on the going con¢em basis unless it is inappropriate to presume that the charitable compuny will continue in operalion. Page 8
HAL TON TENNIS CENTrE rt of the Trnstees for the Y Ended 31 Majrh 2025 The Trustees are responsible for keeping adequate accounting records thai a sulficicnt to show and explain the clwitsble company's transactions and disclose with reasonable accurdcy at any time the financial position of the charitable company and enable them to ensure that the financial ststements comply with the Companies Act 2006. They are also responsible for safegwrding the assets of the chilable company and henix for taking aSOnable steps for the pventiOn and detection of fraud and other inEgularities. Provision of inforniation to Auditor Each of the Fersons who are Tntsiees ai time when this Trnstees, Report is appmved has confumed that.. so far as that Tn]stee is awaR, there is no relevant autht infonnatson of which tl* charitable comny,S auth'tors are that Tntstee has laken all the steps that ought to have en laken as a Trusiee in order to be aware of any infomLqtion needed by tlt charitable company's auth'iors in conrtction with preparing ikir report and to estsblish that tk chatitable company's audiiors aff awar¢ of that inf0mti0Th. In preparing this pOO the Trustees hav¢ taken advanrag¢ of the small companies, exemptions provided by scction 4 ISA of the Companies Act 2)6. T'S report was appmved by the Trustees, on and signed on their behalf by.. C Duffin Trustee Date.. Page 9
Inde endent Examinevs Re HALT N TENNIS CENT ort lo the Trustees Independent eiaminer's report to the trustees of HALTON TENNIS CENTRE ('tbe Company,) I report to the charity thjslees on my examination of the accounts ofthc Company forthc yearended 31 March 2025. Responslbllltles And basls of r¢port As the charity's ttvstees of the Company (andalso its directors for the pury)oses ofcompany law) you are responsible for the preparauon of tbe accounts in accordance with the requii'ements of the Compaoies Act 2006 Cthe 2006 Acv). Having satisfied myself that the accounts of the Company are not required to b¢ audited under Part 16 of the 2006 Act and are eligiblc for independent txamination, T report in respect of my examination of your ¢hariry's accounts as carried out under Section 145 of the Charities Aci 2011 Cthe 2011 Act.). Jn caTrying out my ¢xamin2tion T have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 201 l Act. Independent examiner's 5tatemtn¢ Since your charity's gross in¢om¢ ¢x¢e¢d¢d £250,000 your examiner must b¢ a mcmber of a listed body. l ¢an confinn that l am qualifjed to UDdertak¢ th¢ examination because l am 4 D]ember of th¢ Jnstitute of Chartered Accountants in England and Wales. which is on¢ of ¢he listed bodi¢s. I have completed my examination. I confirm that DQ matter.$ have Come to my attention ID connection with the examination giving me cause lo believe: accounting records were not kept In respect of tbe c.ompany as required by Secrion 386 of the 2006 Act; or the accounts do nol accord with those records; or the accouDts do not comply with the accounling requirernents of Scction 396 of the 2006 Act other than any requirement that the accounts give a tnje and fair vieiv which is not a malt¢r ¢on5ider¢d as part of an independen¢ examination. or the a¢¢ounts have not been prepared in a¢¢ordance with the methods and principles of the Statemeni of Recommended Practice for aclounting and Teporting by chi1t1¢S (applicable to charities preparing their accounls in accordance with the Financial Reporting Siandard applicable in th¢ UK and Republic of Ireland (FRS 102)). I have no concerns and have come across no other matters in connection wilh the examination lo which atteDlion sbould be drawn ID this rcport in order to enable a proper understanding of thc accounts to be reached. P, Alexander Peal BSc(Hons) FCA DChA (Senior Statutory Auditor) James Cowper eStOn 2 Communications Road Greenbam Business Park Greenbam Newbury RG19 6AB 12 November2025 Date: Page 10
TON TEKNIS CEvfRE Statement f Financi81 Activities f r the Year End 3l Ma h2025 31.3.25 Total funds 31.3.24 Tolal funds Ullrestri¢ted Fund Resmcled funds Notes IIYCOME FROM Charilabl¢ ac¢iviti¢$ Invcslm¢nt income 973,524 18,727 992,251 917,069 Tol#l 980 236 998 963 929,280 EXPENDITURE OIY Charitable activilies 912 420 842 3J2 Total 898 704 912,420 842 332 NET INCOME 81,532 5.011 86,543 86,948 RECONCILIATION OF FUNDS Total funds bi'ought forward 1,021,039 2,956 1,023,995 937.047 TOTAL FUNDS CARRIED FORWARD 1 102571 110538 1023 995 The S18temenr of financial activities iZb¢ludes all gains and losses i'ecognised in the year. Th¢ no¢es on pageE4 15 10 23 form part of ihese financial Slalements. The notes forni part of these financial statements Page 11
HALTON TEKN S CENTRE Reglsiered Company Number.. 05783705 (England and Wales) Registered Charity Nurnber: 1115040 Balan¢e Sbeet 3L.3.25 Total funds 31.3.24 Total fimds Unresiri¢*d fijnd Restricted nds Notes FIXED ASSETS Tangibl¢ assets 10 946,584 946,584 644,428 CURRENT ASSETS Stocks Debtors Cash ID hand 2.677 27.947 279 533 2.677 27.947 287 500 4,980 33,654 526 506 12 17 310,157 7,967 318,124 565,140 CREDITORS Amounts failin8 duc within on¢ year 13 (114,170) (114,170) (145,573) NET CURRENT ASSETS 195 987 203 954 419 567 TOTAL ASSETS LESS CURRENT LLIBILITIES 1.142.571 7.967 1,150,538 ,063,995 CREDITORS Amounts fallin8 due after mor¢ than one year 14 (40,000) (40,000) (40,000) NET ASSETS 1102 571 110538 023 995 FUNDS Unrestricted funds R¢$tricted funds 15 1,102,571 1,021,039 TOTAL FUNDS 1 110538 1023 995 The clwitable Company is ¢niicled to exemption from audit under Seciion 477 of the Comparties Act 2006 for the year ended 31 March 2025. The rnernbers have not required the company (o obtain an audit of irs financiiil stsiements for Ihe year ended 31 March 2025 in accordance with Section 476 of the Companies A¢1 2006. Th¢ trustees acknowledge IhciT responsibilities foT {a) ensuring that the charitable company k¢ep5 a¢couDtiDg records that Comply with Sections 386 and 387 of the Companies Aci 2006 and preparing fmancial siatemeDts which give 8 true and fair view of the state of affairs of the charitable company AS at the end of each financial year aDd of its sury)lus or deficit for each fmancial year in accordance with the rcquiremenis of Se¢tions 394 and 395 and whicb otheThvisc comply witb the requirements of ihe CompaDies Act 2006 laitng to financial statements, so far as applicable to the ¢haritable company. (b) The not¢s forni part of these financial slatements Pa8e 12 continued...
HALTON TENNIS CE) R¢Stered Company Number. 05783705 (England and Wales) ReTed Charity Number.. 1115040 Balance Slret- continued 31 March 2025 These finarKial statements have been pffpaTed in accordance with the PTovisions applicable to charitable compames subject to the small companies Ellne. The fula1 statments were approved by the Board of Tntsts and authorised for issue on . and wete signed on its beIlf by: C Duffin - Twsfre The notes forni part of these finla1 statements Pag¢ 13
HA TON TENNIS CENTRE Fl ws 31 March 2025 Note 2025 2024 Cash flows from operating actlvfrties Net cash used in operating activities 16 214,368 207,149 Cash flows from investing ietivities Purchase of tsn8ibl¢ fixed assets 10 Net eaih used ID Investing Aetlvltl CAsh flows from finan¢lng A¢tiviti¢$ Repayment of borrowing Net ¢asb provided by (used io) fADgncillg Actlvltkes Caih and cash equlv*lettti In the year (239,006) (33,290) Cash and cash equivalenis ul the beginning of the year 79 Cash and cash equivalenls al the end of thc year 17 The notes on pages IS to 23 form part of these flnancial statements The notes form part of these financi411 slaiements Page 14
HALT N TENNI ENTRE Notes co the Financial Statements for the Year Ended 31 March 2025 Cenerg41 informatlon The Charity is a company limited by guarantee. The mcmb¢TS of th¢ company are the Trustees ftamed on page l. In the event of the Charily being wound up, the liability in respect of the guarantee 15 limi¢¢d to £1 per member of the Charity. The regist¢r¢d office address is Halion Tennis Centre, Che51nut End, Halton Village, Aylesbury, Buckinghamshire. HP22 5PD. Accounilng poll¢le8 2.1 Bxsls of preparing tb¢ fmaneial statements The fmaThcial statements bave been prepared in accordance wiib the Charities SORP (FRS 102) Accounting and Reporting by Charities: Sratement of Recornrnended Practice applicable to charities preparing their ae¢ounts in 2eeoTdance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effecrive l January 2019). the FinanLial Reporting StandaTd applicable in Ibe UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Halion Tennis Centre meets the derlI10n of a public benefil eniity under FRS 102. Assets alld liabilities are initially recogDised al hislorical cost or Iransa¢tion value unle58 otherwise slated in the relevmnt a¢countin8 poIi¢y. 2.2 Income Donations. Tennis court bookings, Tennis Subscriptions, Coacbes Court fees, Gym memberships, Conference room hire and Sponsorships are re¢ognised once the Chariry bas enlillement to Ibe income, il is probable thAI the in¢ome will be received and Ihe amouni of in¢ome receivable can be measured reliably. Caierin8 income is r¢¢o8nised in the period in which it is reLeivAble and to the cxlent the goods have been provided. 2.3 Expenditure Expenditure is tt¢ognised once ther¢ is a legal or LOn$tctIve obligation to transfer econornic benefit to a third party, it is probabl¢ that a transfer of eco]Jomi¢ bcn¢fits will be required in $¢ttiement and the omount of tbe obligation can be measured reliably. ExpendIre 1$ ¢la$$ified by activity. The ¢o$ts of cach activity are mad¢ up of the total of direct ¢05ts and shared costs, including support costs involved in undertaking eaL.h actii'ity. Direct costs attributable to a single acuvity are allocated directly to that activity. Shared ¢osls ivhi¢h ¢ontribule to more thaD one 4¢tivity and suppoi1 ¢05ts whi¢h are not a¢tribu¢abl¢ lo a single activity are apportioned benveen thos¢ activities on a basis Consislelli with the use of resources. Central staff costs are allocated on the basis of lime spent. and depre¢io1i00 chaTBes allocated on the portion of the asset's ust. Expenditure orn cbaritable activities is incurred on directly undertaking the activities which further the Charity's objectives. as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. 2.4 Interest recelv*ble Intei'est on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity. this is normally upon nolification of the intercst paid or payable by thc instiThllion with whom the Iljnds Ire dep05i1cd. 2.5 Tangible fixed assets and depreciation Tangible fixeAI assets ¢OSting £ I.0 or more are capitalised and recogni$ed when future economic benefits are probable and the Cost or value of the asset can be measured reliably. fixed assets are mezsured at L05t les5 accumulated depreciation aDd any accurnulated irnpairtnent losses. All costs incurred to bring a tangible fixed asset into its intended working condillon should be included in th¢ measurement of Cost. PJJ8e 15 continued.
HALTON TENNI ENTRE Notes ¢0 Ihe Financial Statements for the Year Ended 31 March 20 Aecounting policies (eontinued) 2.5 Tp4ngible fix¢d 4s$ets and depreciation (continued) Depreciation is charged so as 10 allocate the cost of tan8ible fixed Assets less their residual value over their estimated useful lives. Depre¢iaiion is provided on the following bases: Tennis Courts and dome 10 % to 150/0 Straigbt Line Gym gquipment Geoeral facilities IOO/o to 330/• Straight Lin¢ 2.6 Stocks Stocks aTC valued at the lower of ¢ost and nct Tealisable value after making due allowance for obsolel¢ and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. 2.7 Debtors Trade and other debiors are retogni.qed at tbe stitjement amount after any trade discount offeied. Prepayments are valued at the amount prepaid net of any trade disLounts due. 2.8 Cash #t bank 4Dd ID h#nd Cash al bank alld in band includes cash and short-tenn highly liquid investments with * short maturity of Ibree months or less from the dale of acquisition or opening of the deposit or similar account. 2.9 Llabllliles and provlslons Liabiliti¢s ar¢ r¢Logni5ed when th¢re is an obligarion at the Balance sheei date as a result of 8 past ev¢nt, it is probabl¢ ihal a transfer of economic benefit will be required in settlement, and the amount of the.8ettlem¢nl ¥an be estimated rcliably. Liabilities are retsogni$ed at the amount that the Charity 4nticipates it will poy to settle ihc debt or the amount it has received as advan¢¢d payments for the 8oods or servi¢e$ it musl provide. Provisions are measured at the best estirnate of the amounts ffquired to settle Ibe obligation. Where the effect of the time value of money is material, tbe provision is bas¢d on the pr¢senl valu¢ of those amounts, dis¢ounled at ibe pre-tax discount rate Ihat refl¢¢ts the risks.8pccifi¢ to the liability. The unwindin8 of the discount is r¢¢ogniKd in the Stsi¢m¢nl of fmancial aclivities as a fan¢¥ cosi. 2.10 Tax#tion The ¢h4rity is exempt from corpoi'atioD tsx on its chariLible a¢tivities. 2.11 Fund Aeeounting Unresuicled funds can be used ID ac¢ordance with the cbaritable objeclivt$ at the discretion of the trnsiees. Restricted funds can only be ed for particular restricted purposes within the objects of the chaiity. Restrirtions arise when specified by thc donor or when fuods are raised for particular restricted purposes. Further explanatioll of the nuture and Purpose of each fijnd is included iti the noies to the financial slalements. 2.12 Pension costs and other post-retirement benefits The charitable eompany operates a defined Lontribution p¢nsion schem¢. Contributions payable to th¢ charitable company's pension scheme are charged 10 the Statement of Financial A¢tiviti¢$ in the period to which they r¢late. Pag¢ 16 Continued...
TON TENNI NTRE Notes to the Financial Staments- continued for the Year Ended 31 March 2025 .1. Crltlcal gccountlng estimi¢es and reAs of judgement The preparation of the financial slatemcnls require5 the Charity to make judgem¢nts. estim8t¢$ and assumptions ihal affe¢t the amounts T¢l)Orted for assets and liabilities as al the balan¢¢ sheet date and the amounts reported for in¢ome and expenses during ihe yeaT. However, the natwe of estimation means that actual outcomes could differ from those estimaies. The following.judgcmenls and estimates have had the most signif1cant effect on &mounls recognised in ihe financial statements. Critical accounting estimates and assumptions.. Tanglble tlxed Assets (Note 10) Tangible t-ed assets are depreciated over thelr use1 lives taking into account residual v8Jue5, whcre appropriate. The acmal lives of the assets and residual values may vary depending on a number of factors. ID¢ome from ehxritibl¢ a¢tlvltleJ Unrestricted Restricted Fund8 FuDds 2025 2025 Tolal Funds 2025 Totsl Funds 2024 Tennis Subscriptions Tenois Court income EBI Income Gym Subscription5 Gyin Incorne LTA HPC Funding Miscellaneous Income Pickleball in¢ome Conference Room Hire Disability Grani Players A¢¢ounts 212,744 82,749 330,782 182,724 50.735 8,548 51,255 30,610 23.377 212,744 82,749 330,782 182,724 50,735 8,548 51,255 30,610 23,377 9,806 92 207,818 85,938 325,238 154,598 46,893 2,737 55,262 20.199 5,925 9,806 Total 2024 Page 17 continued...
Notes 10 Ihe Financia Statements- continued for the Year Ended 31 March 2025 Investrnent In¢om¢ Unrestri¢red Restricted fijnds funds 2025 2025 Total fid8 2025 Total fijnds 2024 Bank InicTCSt Received L12 Analysls of expenditure on ¢horltablt Ittlvltles Vnrestricted Restricted funds 2025 Total fjjnds 2025 Total fvnd$ 2024 2025 Facilities maintenance Direct lenni5 expenses Direct gyin expenses Administration Utilities Promotions, advertising & marketing Sundry expenses Depreciation Bank inl¢rc51 and cbarges Pi¢kleball expenses EBI costs 214,006 18.261 10.078 192,791 56,046 454 28,412 151,218 4,174 13,932 209 332 214.006 31,977 10,078 192,791 56,046 454 28,412 151.218 4,174 13.932 L2 194 125 148,555 48,447 5.981 216,846 54.335 S,118 26,117 138,688 4,120 13,716 Totsl 2024 Independent exgmln¢r'$ remunerAtIoD The independelli examiner's remuneration amounts to an independent examiner's fee of £4,478 (2024: £3,090) and other services of £2,340 (2024.. £642). Stsff Cost$ 31.3.25 31.3.24 Wages and salaries Social security costs Contribution lo defined CODttibution pension schemes 328,175 9.838 300,076 11,119 The &verage monthly number of ¢rnployg¢$ durin8 the year was a5 follows: 31.3.25 31.3.24 Pcmancnt employees (not including ¢asual labour) Page 18 continued...
HALTON TENNIS CENTRE Notes r the Financial St&temeDts- ¢Olltinued for the Year Ended 31 Mareh 2025 The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was.. 31.3.25 31.3.24 £60,001- £70,000 £90,001- £100,000 Employer ¢onttibulions to defined ¢ontribution pension $¢heme$ for these employees totalled £1,321 (2024: £1,321). Trustees. remuneration and expeo$¢s There were no trustees, remuneralion or oiher benefils for the year ended 31 MAr¢h 2025 nor for the year ended 31 March 2024. Trustees. expenses There were no trustees. expenses paid for the year ended 31 March 2025 nor for the year cnd¢d 31 Marcb 2024. io. Tangible Fixed A$$et$ Fixtures firtings Cost or valuAtlon At l April 2024 Additions 3,387,015 453 374 At 31 Mawh 2025 3 840 389 Depre¢l#don Al l April 2024 Charge for year 2,742,587 151218 Ai 31 Mar¢b 2025 2 893 805 Net book yu¢ Al 31 Marcb 2025 946 584 Ai 31 Mar¢h 2024 ii. Stock 31.3.25 31.3.24 Finished goods and goods for resale 4,980 Page 19 c4)ntinued...
HALT N TENNR TRE Notes to th¢ Finan ial Sta¢ements- continued for the Year Ended 31 March 2025 12. Debtors.. Amounts flling due within one y¢r 31.3.25 31.3.24 Trade debtors Other debtors PrepayTh¢nls and aru¢d ineome 17,181 15,941 8,667 13. Credltors: Amount8 falling due Ivllhln one yeAr 31.3.25 31.3.24 Trade credito Social security and other taxes Other creditors Accruals and deferred income 17,598 1,785 4,682 29,531 4,973 28,841 114 170 145 573 31.3.25 31.3.24 Deferred incom¢ ai l April 2024 Resources deferred during the year Arnounis rel¢ased from previous periods 63,647 426,175 420 455 70,146 422,352 428 851 14. Creditors: Amounts faUfin% due 4fter more tban ont yeAr 31,3.25 31.3.24 Other loans The loan balance due 10 members as at 31 March 2025 is £40,000 (2024-. £40,000). Page 20 conlinued.-.
HALT N TENNIS CENTRE Notes to Ihe Financial Ststements - continued or the Year Ended 31 Mch 2025 15. Statemenl of funds Statemen¢ of funds- ¢urrent year Balance as Balance as al l Apiil IDcome Expenditurc at March 2024 2025 UDrestrlcted funds Reserves 1021039 (£2LW 1102571 Restricted funds Disability Grant Players Accouot 1,109 9,806 (8.909) 2.006 1847 21 61 18727 Total funds Stgtemtnt of funds- prlor ye*r Balance a5 ai l April 2023 B4l&nce as Income Expenditure al 31 Marcb 2024 Unrestricted funds Reserves 818216 Re5trf¢ted funds Disability Grant Players Account ,539 5,925 (6,355) 1,109 Total funds Page 21 continued...
HALTON TENNI ENTRE Notes to the Financial Statements - continued for the Year Ended 31 March 2025 16. R¢¢on¢UlitioD of nel movement In funds lo net cash flow from operating ACtlvld¢$ 2025 2024 Net income for the pcriod (as per Stst¢rn¢nt of Finan¢ial A¢tivitie$) Adlustments for: Depreeialion charges Deerease/{inerease) in stocks Deerease/{inerease) in debtors (D¢¢rease)/in¢rease ill ci'edilors 151,218 2,303 5,707 138.688 (1.987) (11.342) Net ¢*sh bv operatlng Activiti¢s 214368 17. Analy81s of ¢a$b and cash equlvaleDts 2025 2024 Cash in Hand 287,500 526,506 Total cash and cash equivalen15 526 506 18. AnAlyJlJ of ¢han8es In net deb¢ At l April 2024 Ai 31 March 2025 Cash Flows Cash at bank and in hand Debt due after l year 526,506 (239,006) 287,500 19. Capit41 ¢ommitmeThts 31.3.25 31.3.24 Contracted but not provided for iu the fmancial staterneDts Arquisition of tangibl¢ f#d assets Page 22 continued...
HALTON TENNIS CENTRE Notes io the Financial Staternents - for the Year nded 31 Mar¢h 2025 20. Pension eommitments The charity operates a defined contribution pension schem¢. The &8sets of ihe scheme ar¢ held separately from those of Ihe ¢hArity in an independently administered fund. The pension cost represents contribuiions paid to the fund and amounted to £2.870 (2024.. £2.278). Payable to the fund al 31 March 2025 and included in ¢reditors are £692 (2024.. £558). 21, Op¢rating lease commitments The Lharity had no coromiunents und¢r non-¢ancellable operating leases at 31 Marcb 2025 {2024 - no comnJitm¢nls). 22. Related party tran$*etlons There were no related paty tronsa¢fions for the year ended 31 March 2025 (2024 transactions). no related party 23. CoThtrolllDg porty The Charity is controlled by its Trustees as listed on page l. This page does not form part of tbe slatutory fancIal ststements Page 23