2024-04-30-accounts

a*rity reglstratlon number 1164493 AVENUE TENNIS CIO ANNUAL REPORT AND UNAUDrrED FINANCIAL sfATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

AVENUE TENNIS CIO LEGAL AND ADMINIsfRATIVE INFORMATION TNstees MrARR2in MrMID Mr C A Jaryls MrGMJ Mis5 C H Jar¥& Mr K Grut Charlty number 1164493 Independent examln 4 P4(￿ l￿ Kert ME8 7EG

AVENUE TENNIS CIO CONTEwrs ststem￿￿ of twsteeg r4m￿lE411￿eS 1ndy￿ent examlns IEpJt statement Lrf flnandal aclmt Balan￿ she& NO￿ to the financlal ateM￿S 7-13

AVENUE TENNIS CIO TRusfEES' REPORT FOR THE YEAR ENDED 30 APRIL 2024 tnJ5tes present therr annual atKI finar￿la1 SIatryn￿ fcrtt year 30 WII 2024. The fina￿al Strdten￿ts have b￿n in aoXnIa￿ a(r¢Mttng pollde5 ￿ out In note i to the flnandal statanents and 1x)m￿Y cFkHriWs [wlng (k￿m￿ltI, ts Charfues Art 2011 and "AccountiThJ and Re￿r￿ng by Q￿rIdes. Ststement of R￿￿MendelI Ptdctke a￿)1￿￿￿bIe to charltles W￿rI￿j thetr ￿rnunts In COrdar￿e wlth the Flnandal Rep)rtfng Starthrd aFvlkth in the UK arnl R￿LI1¢ of Irdand (FPS 102). [eff￿ve l January 2019). Objectives and actlvltks To promote community by the of a tennls Kthyemy and other fadlltits for healthy recrea¥cf> or other leLsure Ome (Kcupatlc47 fvr the ￿t of ￿ InhaLltsnts rf Methvay a￿1 the su￿OunG4rrfj area li￿￿udIrQ cyen membershlp to ilKiMduaLs, commuryty and xhcds) In the Interpsts of welfare a￿1 wtth the Obj￿ of l•ng the l￿d1￿c￿ of Iffe of the sald InhaFitant& To advan￿ aMa￿r sports for the putrfk benefft of ￿ Inhaiitsnts ￿ Mthy and the sw(￿nth￿J area, ty the omoth)n of FA)Wcal healEh arKI fftness through 5txJt. To affvan￿ the puic thro￿ the wixn(kn, aTrJ Increase of Inthldual and collecttve ktThledge and Un￿￿arKling (( the of (rf of all in Mthay and the surroundlng area, by pft￿dIng sp￿[allSt c(%￿1r0 and ty the awardlrrfj rf SKh 9Marthlps maIntena￿e allowarKzs or grants to such Fwsons arKI In ways as the tnJste& thi￿< fit To ftyther gjch e¥dusWy chadtable for the wulc ￿Ing to law cf EThJatMI and Wales as the tharlty trust￿ In thelr a￿lIte dlscxetkn frtxn time to ttme determirE. The trL￿tee5 have pald due ￿ard to L£￿ ty the tharfty C0rftMtsg￿ In ldirrfJ vthat acl5vtt￿ the tharlty sh)uld undertake. Achlevements and perforn￿n rlro the year the a)arity has 0)n￿￿￿￿1 to cary (Krt it5 Flnanaal revlew The trustees In general Intend tD mainialn the I￿￿ of unrestricted and dIsMi￿tE the MaJor￿V (A the Income resou￿. The IncomI￿j rttuJr¢xs totslknl £75,234 wrr1￿. It Is the pdlcy of the (thartty that ￿reSts￿￿1 have nt tEen tslgnatul for a use thould be malntsined at a level equiVal￿t to btheen thr& arKJ 51x mnth s e￿ndIt￿ The t￿￿ee5 con5Kler that reser at this levd ￿11 ensure thaL In the event of a ￿nIficant drw in furKllrvJ. they will I￿ a￿e to cuntinue charlty's current attlvltles whlle corsderatk)n is gI￿n to ways in whkh a(kftb(Thl fjJr¢ds may èk ral￿d. Thts levd (( reseNes ha5 teen malntalned thrOLth￿t the year. SiTw(threi governan￿ and management A Board of Trustees OF up tD slx memtets meet r8Jularly to admlnlstex the a￿rfty. The Charl￿5 cc￿#1tUts9￿ was on 20 N0Vemt￿ 2015.

AVENUE TENNIS CIO TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 The trustees wtho seved during the year arml up to the de (shJnthre flnancaal stat8nents we: Mr A R Ralner Mr M I tmffey Mr C A Jarvls mrGMJa￿S Mlss C H Jaryls Mr K Grubb R&Yultmentandawx￿nfyl￿Vpt of are appjlnted annualty at ￿ Inn￿31 Ga￿￿1 MrCAJ TN Date: .........

AVENUE TENNIS CIO srATEMENT OF TRusfEES' RESPONSIBIUTIES FOR THE YEAR ENDED 30 APIUL 2024 The tNsteLs are ￿nSIble frx weparfrrfj the Trus￿. RqK%t fi￿rth1 statements In accordan￿ wth appllcat4e law and unIt￿ Klng(bm AcuMJniiThJ Stsrmtsrds (Unit￿1 Kjwlom Generdlty A￿pted Ac(x)untlng Factke). The law applicable to charftles In England a￿1 Wales r4(Ire5 tr￿ to tryare flna￿la1 ststenvtts for each finarKFal yvdr whlth gfve a and f￿r vtew { the #ate of affairs of tt tha￿ and ￿ the Incoming resource5 and ap￿l￿tion of r￿Ur￿ ofthe charfty for that ￿1r. In p￿paring these finanaal ate￿ts, are io: . selett sultalle axountsng w￿￿1eS aptty c£￿. . obseNe the methc(ts and In the Chariues Sc￿. . make jLKl￿ments and esYm5 that are r￿)r￿lle . stats whether applICab￿ acc¢￿￿tIng StsN1a￿js h￿e ft11th¥￿j. to any matertal d￿￿reS dlxk)wl and ext4alned In the flnarKial statements; arKI . wepare the flnaThlal stratements c¥) g(Mr•J ba It Is ￿￿P￿4)l￿te to that the d￿rtty YAII cc)tynue In cwatkjn. The trustees rw)n51t4e for ke¥w ￿ffident accountlThJ that dIscj￿ reascnaFAe acaKaLy at any time the finarKlal of the chatlty and enalje tIHn to ensure tIN3t flnancL31 StateM￿ts (Krfnply the Chartfjes Act 2011, the Charity (Accounts arKJ RwJts) Rgwkitlons 2Th)8 and the txovlsh)ns of the trust deed. They are also re￿￿ble for Saf￿Jua￿llng the a$5ets c( the thartty arKI he￿￿ fc tsking reax)nable s* fLY the FKevenYon arkl de￿1[￿ (rf frdud aFKI th Irregukrltl

AVENUE TENNIS CIO INDEPENDEKf EXAMINER'S REPORT TO THE TRUSTEES OF AVENUE TENNIS CIO I report to the tNstees on my exan￿na￿t￿ of flnan(ial stat￿￿￿ts of A¥￿ue Tennls CIO (the thartty) for the year en(kn130 Aprll 2024. Responslblllt and basls of report As the trustces of the charfty are tl)e FKqkiTrilcn the fina￿la1 statem￿rtS In a(LOrdan￿ Ylth the r￿UIrements of the Charfties Art 2011 (the 2011 A(t). I rep)rt In rew of my eyAmlnatk)n cl the flnandal stat￿nts car￿j out uTrJer 145 rf the 2011 ACL In (zrryirrfJ my examlnation I have fc4hjY￿j all the Djrectiors gfven ty the Charlty ComMi￿10n undw sa￿10￿ 145(5)(b) ( the 2011 Slnce the charivs gross Income exceeded £2￿.1)1)) y(xrr evoMi￿ must be a of a Hsted in 145 of the 2011 Act I conflmi that K am qualifi￿ to undthke examlnalion l am a membff of the InsUtute of Tharter￿ ACC￿ntsnts In E￿land a￿1 Wales, Ls ofthe t￿h&s. Your attentl)n Is itrawn to ￿ fatt that ts charity has IlnaiKJal statemerts In a¢xx¥darce ￿th Accounvng and RepO￿r￿j by Charlties preparfrrfJ thelr Kcounts In a([(rth￿e with Flnandal Rqx)rbry Stsndgrd appTicdbSe In the UK a￿1 ReputAic of Ireland (FRS 102) In to Acc(￿ting a￿1 Rep)rdI￿ Charltles: Statement of R￿0MMe￿Ie￿ prattl￿ issu8Y on l Aixil 2tK15 whlch is refen&l to in the extant r8wlatk>n5 but has now been l urKierstand that thls has ￿en th In for Ilnandal Slat￿lts ID wovhle a true and falr In ￿(￿rdan vlth General￿ Acr£pt￿l AccwntrNJ PTrc￿ af&tive for rer•JttTrJ Fvkx15 or after l January 2015. I have my examlnathjn. l (x)nfirni that no matters have (Jxne to my atteniw)n In conn&Ucffi wtth tt examinauon glving rne cause to ￿l£ve that in any mat&tsl rts accountlng records we In r&spe(t rf the d￿rtty as by 130 of the 2011 the flnanaal 5Latements do not ￿7rd wlth th¢￿e reo)rd5; ( the flnarKJal st7tements th nct comply wth the aFWkaLle rWulrem￿ts concemlng the form and COn￿t of accounts set Ixrt In the Charldes (Accounts and R4AJts) ReguL3tions 21J)8 (ther than any rquirenEnt that the a(munts give a true and fair vl&¥ vhKh is a matter consNJer&l &5 part of an Indewthnt examlnatith. I have rKI cOnCerr￿ anj have o)me acrc6s rxj (ther matth In vlth the examlnatlon to whth attenti sIK)uld ￿ drawm In thls wrt In order to ￿able a WKkniaThJlThJ (f finan(thal Strt￿ents to be re￿hed. (JomtAe F.C,A Indetkndent Exam1r￿r JAD. As%oaates Ltsl 4 ￿corS Lane Ralnham Kent ME8 7EG

AVENUE TENNIS CIO STATEMENT OF FINANCIAL ACTIvrrIES INCLUDING INCOME AND EXPENDrruRE ACCOUNT FOR THE YEAR ENDED 30APRIL 2024 funds 2023 2024 Donatlons and18Jades Charltable aCtI￿￿eS ioo.ooM] 450,018 491,371 Tolxl income 550,018 491R71 RaI￿ng furxjs (haritat4e ￿1vItIeS 13,812 460,972 1,091 501,096 Total expenditure 474,784 502,187 Net Incomel(expendlture) and 1rnVe￿ In fittmls 75,234 (10,816) Reconclllatlon of f￿￿1￿. FurKI thyla￿e$ at l May 2023 204.923 215,739 Fund balances at 30 April 2024 280,157 204,923 The statement of flnanclal aL1vI￿ all 94ln5 armj bJsses rBxbJnll In the year. Al irtorne and eX￿dknre d￿ve from c￿￿nU1n9 a¢tlvltle5.

AVENUE TENNIS CIO BALANCE SHEET ASAT 30 APRIL 2024 2024 2023 Ta￿lI￿e assets 119,946 4,364 rrent assets Debtors Cash at bank and In harn 13 171555 156,585 151.872 199,633 328,140 351,505 Creditors: amounts fallkng due wlthln one year (167,929) {150,9q6) 160,211 200,559 Total assets less ￿rrent Ilabilibes 2￿,157 204,923 Not assets LYdudwvJ penslon tlability 2￿,157 204,923 The funds ofthe thaiity Un￿1¢￿ed funds 280,I57 204,923 Z80,157 204,923 The flnandal ststeM￿ts wve apry0v￿1 by the trus￿￿ ...... MrCAJa

AVENUE TENNIS CIO NOTES TO THE FINANCIAL STATEMErirs FOR THE YEAR ENDED 30 APRIL 2024 ALroUnt1￿ polldes Charity information Avenue T&)nis CIO is a I￿efit a￿1 a r￿jISte￿I charfty In England arKJ Wales ar￿ I: unino)rwrated. Th athr￿s of the lyl￿1P￿ c4fte is Featw Road, Gilltroham, KenL ME8 6AN. 1.1 A¢tountlng conventlon The financlal sts¢em￿ts have teen We￿ir&I In axI￿darKe wllh Ihe thrfivs [￿￿nIr0 (bxument], Charftie5 Att 2011, FRS 102 Yhe Rwbng Standard atwicable In the UK and Repuillc of Irdand" fFRS 102? arKI the Charitie5 SORP "PAxX￿iThJ a￿1 RqnlThJ Iw Charitles: Ststennt ol R￿OMme￿ed Practte appllcable to (tharities wqxaritvj ￿unts In ac(tthrKE wEth the Flnanc&i1 ReFK)rfdng Stsndard aFpltat4e In the UK aThJ ( (FRS 102). (dr￿live l January 2019). The Is a Publk Bel￿fIt Enttty as ty FRS 102, The c￿l11ty IN2s tsken advantsge of the 9)RP mt to a Ststanent of Cash Row& The firkindal statements have thpart41 frc¥n (hariiles (Accwnls a￿1 Rqy)rL%) Regulatlons 2008 only to the extent rqUI￿ to ￿de a and f vlew. TIMS de￿artUre Involved f￿￿)￿￿r0 the Staternent cl R￿0Mm&M￿d prath￿ for charitia5 ap￿Ing ￿5 102 rath￿ than the Ve￿ of the Statement ol R￿0mM&M￿l prath￿ vthkh & ref&r&J to In Wulatkns wht(h has SIn￿ ¥￿thdra￿Tr. The flrkinclal ststemats are prq)ar&l In stuHr¥J, th Ls the cw (rf tharity. arThJunts In tth fIna￿la1 SLateM￿ts are rouTrkd to ttE near&t £. The finandal statemts have preFh3ral hlortal [m¢xltkd to Ind￿je the rWdIua￿￿ of freehoki In[￿e5 aThJ to ind￿￿ Invest￿ a￿1 (xtsln flna￿al InStrUm￿ts * falr valLE]. The pri￿F￿H1 accoUn￿ng kKJIKie5 awed a￿ Stt ¢xrt ttk)w. 1.2 Going concern At the tlme of appmvlng ￿ finaTthI statenHts, tNs1&5 h￿e a ￿￿able that the tharfty has adequate reS(MJr￿ to C￿tInUe in wati(MNql aSt￿￿E for the foreseeatAe fUkn￿. Thus the tr contlnue to adopt the g)IrwJ crf ac(fAmtiTrJ In wA4ring the flnawal statem￿ts. 1.3 Charltabje funds Unro%trlcted fi￿15 are avalLatde at ttle the In fitherarKe of 1heir charitrdtAe objecuvts. Restrirt&l fvnds are subprt to wlfic (XxKItbc￿ ty dorKM5 or grant￿S as to how the¥ may be u￿. pur￿SeS and uses of the re*rKtsJ fijnds are s& In FKts to the finanaal statunents. Endowment ftjnds are subj￿1 to ty dcrnts that the (aplial malntaln&a by the chadty. 1.4 Income Income Is reC￿￿j the tharity Is l&Jally enlJtl&l to rt ats ary pwFomiarKe ￿r￿liti￿ have b meL the amounts can te M￿Sur￿￿ rdiabty, ar￿ it is wcthtAe that lThxme will Ik reL￿v￿J. Cash donatlons are r￿jnIS￿l on r￿elpL Cxtw are r￿gnIS￿ the ckk3rity has been notifia of the donatfiM, unless Cc￿{tic￿S r￿lre defaTrl (rf the amounL Income tsx r￿era￿e In relalJC￿ to d(Thtions r￿e1Ve￿j UfKkn fjft Akl cr of CoV&￿nt is rEwn1￿1 at the time of donauon.

AVENUE TENNIS CIO NOTES TO THE FINANCIAL stATEMEP￿s (coKfINUED) FOR THE YEAR ENDED 30 APRIL 2024 Accounting polldes (Q>ntlnu¢d) Legad￿ are rpcognised m receiFi CK Otr￿r￿ rf d￿rfty has n(rtifled of an ImtEnding d&tritxJtksn, the amc4Jnt Is known, and ts ex[￿ted. If the an￿nt Is rK)t kmvn, ￿ 18Jacy Ls treat￿1 as a condThJent asset. l.S Expendiknwe Exwdlthre 15 r￿niSed ttwe 6 a ￿al to tsBnr baRfit to a thlrd party, it ts probable that a transfer beneffts vlll be In settl&nent. and the an￿Unt cf the O￿lgati￿ can be FI￿as￿re$S rdL8tty. EwEnditwe Is dassffied by ac￿￿ty. Tr cl￿5 of knty are m￿le up of the totsl of dlrett costs and Shar￿ ciists. Ind￿lIng supp)rt costs Invdv&l In uTrJ&taktng eath adNIty. Dlrett costs attdbutatle to a slngle acbvlty are alkxated threctly to that actsmty. Shar￿1 co45 ￿1th O￿trILK￿ to mce than one and supwrt costs wknich are attrllyJtslSe to a thrty are between those on a basis conslstent with the use of r￿ur￿. C￿traI staff (th are allctat&l on ￿ tklsis of time spent, and praJatk)n (k3rye5 are alk(ated cn of th asss ￿. 1.6 Taryible fixed assets TaThJ5Ne flx&l a&sets are initlally at cost arKI M￿Jr&I at cctst or val￿tIc￿, net of dW￿la￿On and any ImpalrmeJrt lo￿. Depredadon Is r￿OgnIsed ￿ as to WTlte dr the ujst (K Waluatkn c( as￿ less tt￿r r￿1￿jaI values over th￿r usthl Ilves on the ￿￿WIr￿j base5: ieasthokl 1mjxovem￿ts Equlpm&rt IO% &rab3ht lir 20% ￿lU￿ng txilarKe The galn or105s arisng on the dlsp)sal of an as￿ d￿mIn￿l as the dhya￿￿ bet￿1 the sale prc£ls and the orrying value of the aw aNi i% recoJW In the ststem￿t of flna￿￿1 aCtI￿tie 1.7 Impairment of fixed awets At each dat< the tharlty the carrylng anvjjnts of ￿ tsngIb￿ ath to (knmlne whether there b any IrKilcation tlkit th0￿ assets have Arffered an Im￿11m1￿t loss. If any such Ir￿Ica￿C e￿Sts, the r£roverabk aMo￿t of the asset is &mated In ots to drmine extent of the ImtMirnient loss (If any). 1.8 Cash and cash equivalents Cash and cash g]ulvalents illduth cath In haThL at call lJ3nks, other slK)rt-t&Th Ilquid Investments wth (￿igInal maknrities of rrKX)th5 ￿ kn, and bank ovwthafis Bank ovenJraft5 are shown wthln t￿￿ngS In ￿rrent Ik3EMlltk& 1.9 Hnanclal Instruments The chartty has el￿d to apJy t0￿s1￿5 of 11 '&7sk 1nstnjm￿￿ and 12 'othw Flnanaal Ir￿ments of FRS 102 to all of Its fina￿1 InstrumuTrts. Flnartial (rthWrn￿ts are rec(yJnÈsaJ in the charlvs balarKP Sh￿ the chartty to the cx>ntrddMal provlns of the Inthum FinarKlal assets aTrJ 11a1￿1￿￿e5 are ow the net amounts in tIE financlal at￿nents, when there Is a legally enforceable rw)t to t off the r￿rIS￿￿ amounts arml there is an intenucn to ￿ttle on a net basls or to reallse the a&set and settle liabilty sirnu1ta￿u￿y.

AVENUE TENNIS CIO NOTES TO THE FINANCIAL sfATEMENTS (COKllNUED) FOR THE YEAR ENDED 30 APRIL 2024 Accounts"ng policies (Conilnued) Bask finatKial assets, Trknlch Indude debt(xs and and tonk bala￿, are InTUalty Mea￿￿1 & transactk>n pri￿ inclLfdlThJ transacuon o)sts and are ￿rri￿ at am￿lis￿l cost Ltslng the effectlve Inte￿t mah(xi unle55 ￿ arrarrfjemert ¢x4)stlbts a firwKir¥J transa¢thi, WI￿ the tran5arjj￿ 15 ￿EasUr￿l at the t￿nt value of the fijiure rEcdpts dsc(Mjn￿1 at a markd late of Int￿￿t. Rnandal assets ckisjn￿I as retkniAe one year are Th)t anKtiwl. Ba4c fiTr3ndal Ilabllltles, Includng iyth arKI iKink loars a￿ lthlty r￿03n1$ed at tran5attbn pr1￿ ￿1 the arrangement constittrtes a finan￿￿ trarwtK)n. wtsre dett insbument ts meawraj at the pwnt value of the future payments dIsc￿nted at a Ma￿et Trte c Int&esL Firkinckil Ilablllljes das5itled as payab thln year are not aMC¢￿se￿. Dd)t InStrum￿ts are (2rrI￿ at al￿115￿j tx4 uslng the dfpAt¥E Interest rats mettKJ. Trade (TrdItC￿S are ctdhJatFcns to pay for gxxts or that Iwe iEen Kqulred In the Im￿lnary cwrse c (watior15 fiDm suppllers. AM(￿nts wable are dassffied as ajnent Ilatrillties if payff￿t i5 due whJ)In one year or kn, If no¢ ty are presen￿1 a5 Ilabolities. Tr Cr￿lItOrS are r￿(¥￿5ed Inlvalty at trdll5athon pr5￿ a￿1 9JtEe]LMty me&wr&5 at ar￿ti5￿j usirKJ effth Inter& metlK¥J. Flnanaal liablliti&s are (kn￿lsed kn the d￿ri￿s (x¥)trao￿aI cilhjatkms gwire cr are or cancell￿. 1.10 Employee The cost of any hollday is rec￿￿ In ￿(x1 in Tthch the etT¥)10￿S se￿￿ are Termlnatlon ￿￿efftS are r￿r￿￿1 IMIn￿lat￿Y as an 4)ew Wh￿ the chartty Is dem￿StrablY comffiltted to termlnate the ernployM￿rt ￿ an antAoyEe cr to tenn1￿11(￿ be￿5. Crftlcal ac￿￿un￿n￿ estimates and jUdwn￿ts In the awllcaUon of a0￿ni1r￿j the trustees are r4ulr&l to make JUdgem￿ts, esdmates and assumtknoTrs atNyJt Ihe carrylrvj an￿mt of a5￿ts and liabilltie5 that are rwjt wdlly appar￿t from otsr The &iThtes and aWXiat￿ aS9jmpt￿￿5 are bas&i on hi5t(xkal ex[erIen￿ and other that are considerd to L retevant A(ual rewlts rw frcKn t￿ e5bmate& The esbmats and underlwng asgJmpW(xts are review￿ ￿ an ong(MThJ basis. Re￿￿On$ to a0￿Inting estimates are I￿nI5￿j In Ihe tkri(xJ In YthKh the esdmate Is misd where the revlskm) aff￿ onty that tkrfod, in ttE ￿rICKl of the ws1(￿ and future Felc& vthwe the rev1%￿ aff￿ts l)ch current and fu￿re K*rfods. Incm from donatl¢)ns and lega(ies Unrestrkted Unrestrithd funds funds 2024 2023 Don0￿0￿5 and glfts IcNJ,000

AVENUE TENNIS CIO NOTES TO THE FINANCIAL SfATEmEt￿S {coN￿NuED) FOR THE YEAR ENDED 30 APRIL 2024 Income from donations and legados (Conllnuod) funds 2024 2023 Charitable activities Sale of g(x)ds 450,018 491,371 Expendlture on ralslng funds funds 2024 fund$ 2023 Fundralsing and publlclty Depreciation and ImpalmEnt 13,812 1,091 Expenditure on cl￿rfIable athvilies funds 2024 funds 2023 Jrchases 427,134 469,313 Share of support and governance (see ) <))veman 33,838 31,783 4fA),972 501,096 Aftalysis by fubMI Unrestrftted 4EIJ,972 501, 10-

AVENUE TENNIS CIO NOTES TO THE FINANCIAL STATEMEiifs (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 Net movemont In funds 2024 2023 net movem&rt In fijnds Is stated ats ￿￿￿{Cre$jI1jrKJ). Fees payable for the INkFEn(knt eoft￿ iknritvs finarthl ststements Dewedation crf trrKJ1￿e flxed ass&$ 275 13,812 1,091 Trustees None of the truste&s (or arry Ftr9Jns vAth t1￿} r￿￿¥￿j any r￿Tr￿n￿oIjQn or trEneffts fr￿n tr tharlty dLMlThJ the year. 10 Employees The avuage m(mthly numiEr cf empk￿$ dwing the year was: 2024 Number 2023 ￿￿￿ber There wwe no empty￿ by￿)5e annual rfftJTErallon was m(XE than £60,000. 11 Ta￿n The tharfty Is ex&npt fr(￿ Its aC￿leS tel?￿e all Its Incon￿ Is apF4kd for Charftst￿ wrtxjs 11

AVENUE TENNIS CIO NOTES TO THE FINANCIAL STATEMENTS (coiifiNUED} FOR THE YEAR ENDED 30 APRIL 2024 12 Tanglbk tlxed assets Totsl At l May 2023 Ad(Itk)rL5 7,118 7,118 129,394 129,394 At 30 ljrll 2024 129,394 7,118 136,512 Depredatkn and Impalnn• At l May 2023 DeproJabJn thar9￿ In the year 2,754 873 2,754 13,812 12,939 At 30 ￿1 2024 12,939 3,627 16,566 Carrylng amou At 30 Apll 2024 116,455 3,491 119,946 At 30 Akxll 2023 4,364 4.364 2024 2023 Am(wnts falliry due wlthln one year. Tr&e dettors 171,555 151,872 14 Creditors: amounls fallKng due within year 2024 2023 Other taxathn aNI 9)Jal s￿urity Trnde crelitor5 Accwals and defeTraJ IrKDn 5,353 161.526 1.050 2,076 148,020 850 167,929 150,946 12-

AVENUE TENNIS CIO NOTES TO THE FXNANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 IS Unrnstrked funds The unreslthcted flu￿ of the charlty comprt the UFmHK￿d bala￿￿ of {knati(￿S and grants are not subl￿t to spoJfic o)Thjfuc#￿ try thmrs arKi grant(X5 as to htm may be US￿1. These IndLxle naiEd funds whlch have trfftn ￿lt futKts iry the tru5tee5 S￿flC purposes. At l May In(xmiiry Resources At 30 Aprll 2024 s>BI funds 204,923 550,018 (474,784) 280,157 Previous year: At l May Incomlng Resources At 30 April 2023 G￿￿al funds 215,739 491,371 (502,187) 204,923 16 Related party transactiOTL There we no dlsdcsgtle relat￿1 party trangartMx)s (krK¥J year (2023. TK)ne). 13-