REGISTERED CIIARrrY rAifMBER: 1188388 AVON INIS AVON 7ENNIS CIO TRUSTELS REPORT Af4D UNAUDTfED FINANCIAL STATEMEr FOR THE YEAR ENDED 30 SEPTEMBER 21125 2 Oakfield Rr*d Bri¥￿] 82AL Avots Tellnts Contents Page S￿eMent of Fin￿721 Activiti¢8 Statement of FinaDcial Piksition 10 ￿￿tIt0 the Filw￿l81 Statetoents Trws¢ta' Re￿rt for the Year Ellded 311 Wtember 2025 Alms •nd Objeetives The Avon Tentiis TnL8tee5 rniew tF* aim& Obj￿Ilv￿ and aetivittes of cbty each year. The Avon Tentiis charity regularly reviews the suece&s of key activities and the benefits the chan.ty h&8 brought to those gTtsUPS of peopl¢ that it is set up to help. Thesereviews also help the Avon Tennis TTU#ee8 ettsutc the clwitys aitns, objectives ?￿d activtties remained focused its stated PUTPM. Thts re￿rt Trfleets on wbat the Cbarity lJ&s acbieved and the 0ulcom￿ of its work in th¢ retA)rtin¥ peTiO The trustees have to tbe guidawe cont*ioeAJ ill the Ctrthtity Commission's ¥￿aI guiilaace on pub]ic benefit when revtewing the charity's ainLS and objcctives and in pla￿]ng its filture activtties. InpartiC￿aE. th¢tr￿￿teeS consid how planned ￿TIVitieS will contribute to the ain)s and obJ"eciiY¢s thAt have b￿ll seL Slgnlfi¢ant A¢￿VItI￿ Mallage the thvelopmtht of tcnDis in Avim. Support junior temiis developmw includ￿8 the proBTr￿g of o)aching and competitions. Promote and support inclusive and dÈsabled tellDiS through a rdnge of diff¢rent illEti*ive5. Provide bursaries to inth"viduals vAK> Wi5b to Etcome and develop &s LTA qualified aDd acLYedited co￿h¢S tbu5 enabling more people to learn 8nd imwve theÈrtenDiS playlng ability. Provide gratsts to tennis clubs ¢Dab]ing them tt) Tun outrexh tettDiS pm￿a￿&S in the local corntnunity. e.& schools. youth club4 etc. aTMI develop their own ￿lITtieS to incre&se usage in a sustainable aryl safe envtronment. Public B¢Defit The tn]Ste￿ collfirn) that they have compli￿ with theirdw to bave Lkn regaTd ￿ the guidttnce rn pvblic bEnefit pub]ished by th¢ Charity Cotnmi%%ion in exercisttig their￿werS and dutse& The public beDefit of the Charity'5 activities Is the promotion of tennis as a heahby sport to everyone tn the Cow. Avon TeDDiS does n(A ha￿ a specific po]icy on s(Kial itivesty]enL but much of its work is for the benefit of those in Avoll enablillg a]1 indivithd4 i￿lUdi￿g tlw with a dl￿]11ty, to xcess a sm and the he￿thY liftstylt it brings. Grant m*klng Avon Tetitiis h8S ￿￿1]eleA in plgts for the wt8 it ￿lake8 and VEDUC5. Th￿t are BpecIfje ¢riieria to be met and obligatiott8 to fulfiL to erLsure the grants will bc effediv¢ in growiDg tbe g￿lle. VoluJrte¢rs All ttwstr¢s and members of th Exc￿tive. Filw￿¢ & A￿lIt CLXmDitttt al￿ are voluntttr5 and as such 8iYe their time freely. Avon Tenn Trusttts. Rep)r¢ for the Ye*r EHded 30 Sept¢wkn 2025 Char5tible 8ctivltks Avon TeDuis, as it has done prevftously, worked wrtbvati(w venue& volunteer& playtt& cth 2nd officia]s to &ddress fu￿￿¢181 and practieal eha]leTJge5 to engage tbe wide5tpowble ￿mIlenC¢. As of the end of September, the LTA rewr￿ that mc*e than so,(￿ adults tn Avon played telmis at l¢ast once a ttM)nt 8tkiDg the higbest participation Trte since records Eewi. The county offers 56 tennis clubs amd venues, 5 dedicated commercial padel centrffj 12 rte¢ntyrefjJrbished IOLXI authority park venues. prDvidin8 a comwehensive rdnge of options for tndividuals interested ill tennts. ￿{kL or t To strell￿h¢A our efforts in thi8 are4 we app￿￿ted a voluntsu to ovetsee our Equity, DiVe￿ity & Inclusion (EDI) initiatives. tD late 2024. a presentstton wa5 given to the EXe(￿ive MaDagement Committv to raise awareness. and the initial EDI Plan for 202>27 w&8 then approvoj olld ￿ DOW being implcmented. By the end of Septankn2025. more than 21 Venu￿ were offetiDg a wi& range of inch￿%¥¢ ternls acttvities. These included walknig tennis (desiglled for those te£oYeiiDg hJ"p or knee surgery orthctse simply wanting to gd acttv¢ again). &s well &8 sessiots for visually impwred playus, wheelchair users. and lleurixknverse people or those with ]G￿nIng disabilities. These programmes have E¢ell sUP￿rted bypartnerslll.ps with the LTA D]sability Development team ond organisations such as Access SENSE I8￿￿. Age UK Pwkinm's and the Happy IAD¢ Fwid. A new initiative was in￿duCed in Felmwry 2￿25 to promo* ￿SulaT padel participation among the Bristol Deaf and Hanl of Hearing CornTnuDity. The dedic￿￿ padel gr￿P Fml vjosists of more than 30 who an¢¢t every Iwo weeks. Four p*ople from this group have sw*d the LTA Padel lnsknJc￿r course, m8kmg it the first lime suth tsailling h&s been offered by the LTA. RecogDizing the group'$ Sp￿fiC nee4 the LTA. Avon Tfflnis. and the Dats Maskell T¢nnis Tnjst have provided compl¢te fill￿l￿g for this opw)rNwity. tx>oking into 2026, there are plan5 to promote incI￿1vity aDd disabi]ity_friendly initiatives in both 14Jmis Andpadel including a t￿n-disab1￿"ty tournaomt during the s)ryJllner. We have prOvEd￿ buyAries to: Sixteen ctsrrent or aspmng t￿he$ in tennis. padel. ort¥th with several th still in tr&ining. Individuals aiming to E¢¢ome COm￿ts￿on Organisets orLIC¢￿$cd LTA Officials (Court superviso￿ alld Retsees). Club8 and venues received grant fiJndinB to %upw>rt IcboAI Mich buyin8 QqUiPttTrQnty Und orgaDising jullior competittorn8. Additiotnlly. three club8 received Avon TcDnis grants Sr￿]ficallY to help the￿pUrchase defibrillators (AEDS). repaid in ￿ordance with the agreed kn by the various clubs r¢¢¢iving our wista￿e to enbanL* and develop tbeiT facilities. The rwted outcomes bpve been highly p)SIti￿ iDdth8 inCrea￿l￿eM1￿thp aD elevated profile withitt the local Con￿￿ty. Tb¢ Avoll Telmis Leaguffj all LTA ApwoveA Leaguc4 Enaintaiwl str¢￿8 participation with 1.8(Ml players froln 39 v¢oues ¢OllLpeting in the sumtt*r. late sun)mtr, s￿1 want¢r leagues". involved in 1.482 ftxtures. Trse events ate efficTentty managed by the Avon Tennis IAgue ConAnxtte< 8 dedicat¢d team of voluntcets. The amwal Spr￿8 Indoor Junior Tourna1￿( held at David Uoyd (Long Ashton), rttorded over225 entries frtsm acr05S the UK while the Avon Cwity Tefft]nis Championships- prinmily for junior age Brou￿- were 8gaiti hosted at the R¢dland Green CIub in Bristol. 8ttraLtDg 135 F4rticipan Av4)n Thistees. Rep)rt for the Year Ended 30 septem1￿r 2025 Charltable acllvilles- Pad¢l continues its expansion within the Bristol atE4 iwtsng 38 courts. The s￿lld AVOD Padel County Cl)aTnpiOnghi￿ OFJce again held * RLtht Padel in Bri￿￿. thew 86 entrias acro&8 seven events.. Èn increase fro￿ 2024. With the increasing p(yularÈty of p&iel in th¢ UK a fiwther ttKrease in LTA-sanctioned COM￿tItiOnS is aDlicipated f(Jr 2026. Avon TeDnis County representative te4nL% have conststently dauoDstratrd strong performaYKe the various a8e eat¢gon'es, with several teams advdwing to the Nation￿ Finals. Thi"s su¢¢th% was fiKrther evidenced in the 2025 County Cup Ra¢e- an LTA eonwition 44 County AssrtiatioDS and including stx jullior age groups, open tn additio￿ our*Diof'8 Tea￿￿-. Trllgmg frn our 45+to 7GF age groy prttclpated in ¢0m￿lti01LS acro&s the county. Our ottgoing commitDJent to the development of youngerpIayus was dell￿nStr￿ by tk irAvolv¢ment of over 2(K) juniors (aged 8 to 18) ill County coaching training sessioDs. Th]"5 achievernent would Dot have been possible without the exceptional efforts of ow tcam of ten County Coa¢he& &s wetl &5 the invaluable w provided by parents and ¢arers. In recogDition of ev¢ryone'$ contributior4 ajuoior Swjal eveDi wa8 beld at RAfrDaids High School for Gir]s in September. featUTing team activitse4 wbich atrTrcied an excelleni turnout. To recognise those many individu￿S who voluntstily c(thbute the7flime to tennis and padel in Avijn and to Celebrate the success of our numero￿5 teams we held our-Big Night Our ditmcraud awards presentatiuD evellL Over 120 people attended the evcning with th¢ Avon a￿1 S&SW Regional 87VdTds pre*nted by LTA President SandA Pro&er. FuDdraislDg artivlti Despite tb¢ economic pTeSS￿ our Cor￿r￿e partnets wp)rtd a vati¢ty of activiti4 includmg inclwive at¥J disability Avon Tethiis Trustees, Report for the Year Ended 30 September 2025 Investment Perf•nll#n¢e Avon Tenti]5 ¢0lltinues io maintain its reserves in # Investm￿ prtfolio with a**ts spreadacmss severat inve5ttnent cla&8eg. We h4ve aL%o COTrtinllgJ with OUr￿)I1¢Y of adopting a meth'um dcgree of risk with any investhjellts. During the Second balf of the year. mth¢ts #thilised aftertheuqited Ststes aDDourned new tsriffs tn early 2025. Alihough concerns about ]Dfiati￿ slow economic growtty aud ongoing policy ullcertainty perststrf maDy wrnpaDies have CO￿tinUed to help stabilise the tDarkeL geTLerally provide stsble aTMI f¢)Ya%ttable retUnLS thring utteenain tim&s. and cotsidertng tbe sigllificance of cashflow, this strategy w&s detern]illeAI ts> be appropriate over the cth￿￿e of the year. Looking al￿ over the next yEar. several importaot f&tors are likely ￿ infiuellc¢ n18rkd Ferfor￿¢t. Ongoittg ￿ltive market seDtiTnent in 2025, alongside Tevised ecomnic expectstion& is expethd to counteTbalance the uncertainties ielated to tsade pohcies and global politics. Therefore. adoptiDg a flexible and foThard-tbiokiDg Str￿eBY that diversifies across global arw and &*set c]&w will help manage the wyedTctsble p)litAoi and eeoD)mic ]#rthape. Tennis TThrt¢a' Re￿rt Yetr Ended 30 W¢mber 2025 FIr4ANC￿L REvfEW Fillanci*l Positknll One of the main incoo]e sources for the year an LTA *eStrI￿ Gr￿L This was based on a thre￿Year8 which cotnmenced in 2022. tn 2024125 the LTA provid￿1 £69,752 of *estricted fth￿, that W&8 allocated agaiusi four des1￿]ated core aettvity area5, IE. g0vernaDcelYolunte¢rit￿ participatio￿ Cornwion and Wrorn￿n¢t. In addition, a fUrtEler£2.51￿ was Teceived towards-owl ¢ourf' Xtivities. Other main sourc&8 of Tncome rEmaÈn as in p￿vIouS ye4rs, i.& partsu5hip fimthn& Avon Tennis contributions from parentslcaE¢fS iowards the costs ofjulliorCIMmty trdining sq The GhaEity's operating in¢ome forthe wic4J uttduTEview am(MwtrAI to £222.030. Expenditure amountel to £209921 resulting tti #n ¢4)ernting surplw fc* th¢ ye8rof £12.108. This was prirnarily due to the ￿eT atmunt ofparthcT5hip fi￿dEng ￿CeiV&] that exceedal our forecast figures. At 30 Septsmber 2025 total urrc%tricted amountrd to £378J36 of vthich £318,484 (martet value) was held in an illv&stmellt portfolio ￿ create legacy fundiog slafyl ill Avon Tellnis Re￿¥¢S and knY£stment" policy. The investn*Dt portfo]io's tnaTket vaIu*ion sthrtfyj the fiAattcia] year at £325.697. There onty one with¢knwal of £20,1X)O during the yw which was pritnarily to se￿l¢e a s￿ial investmellL OthThise, the fimds rffl￿1￿ed constant th￿$ providing a basis of contiDuity. Inv￿1 io¢ome the year result￿1 in £1 Iy13 being rtt¢ive41 Th¢ cash w)8ition of the chanty was £59,654 at the year-oyj date. Exp¢nditurc for g0VffnaT￿ CO8L8 fwthe perAc*J UDderrevi¢w is fv]tydisclwJwithin the notes to the ac¢4Trunts. Princ1￿1 fDndlng sour As meDtionedpreYiousty, Avon PTincipa] source of knthng is th¢ receipt of all agreed LTA 'Festri¢ted" GranL This is FAsed uw)D the Dumber of indiv1th￿IS aetivety pla)Ing tenDiS in AVO￿ The grdnt &gr￿￿ellt is being reviewed by the LTAdurtng 4Q2025 with aoew offer alltieip*d to availoble fr(xD Janw 2026. Investm¢nt polky DbJettiYes Thc charity's investhjcnts are in a wide Tange of n*diutD risk iDternthon81 whose rtjjectives 2re to provi(le a seoJTe incomc Stream with opporknjnities for¢apitsl Reseryes Policy Reserves are held tt> two years, owating c{￿s. allow growth to generate a stabl¢ and sustainable return to fuDd 8ran¢ bursary and loan fuNJing #￿TY1￿• suwjort for the loDg-*Etn beaIth of the SFth and mauage UDfoTeseen events and fmattci81 uncertainty. Going Cone¢rn The Ttustees have identified no significath short orm&Jnll￿4¢rn] financtal riths to the charity's ¢olltiThwJ operdtion4 and Tr￿St¢￿' Report for the Yur Ended 30 September 21125 Governing D(￿ument Avon Tennis organises its charitable adiviti&8 through a CIO which is govaned by a cowtitirtion ￿ted 6th Ma￿h 2020. The CIO is rewtered as a with the Cknty cm7￿810[t uttdeT rewstffwjnutnber 1188388. Charlty co￿8t￿l￿tI The clmtity is coDstithted in the fonu of ao AsgKiatioD Charithle Illcor￿ 0￿￿1$a￿on (with votiDg members) with limited liabilty. Recruitmenl appoilltmert of Jwv TTUSte&s are eleL*ed at the AGM by the of Avon Tennis CIO. Offiws of Avon TenrLiS Executive Commi serv¢ for on¢ year. all other thtsiees serve foran initial period of3 years. OrgaDlsatloJ￿l Str￿t￿re The Chan"ty h&s a Tn]st Borf which 15 r¢s￿￿le ford% Finance & A￿11 Commit*, Safeguarding andthe Executive AvtsD TeDDiS works closely its merllberclubs atml teDDiS venue4 andthe LTA ￿vernIng forteDniS in the UK). Declsion makimg The trwtees rn¢et regu&rlyto discu&s matters s￿h as tts objectives. fiDancial wsitiO￿ alld the fvrLEre direction of the Tnw Diakm8 sure all tTusiec8 have the 0P￿Ttu￿1ty to ￿tiCIpate. All decL4ions made are duly d(thrnente(L Risk m¥nagemettt The tru8te&s Con￿lY with their Ibjty to identify atMI review the risks to wbieh the eI￿rIty is expr6ol and to ensure approptiate ￿ntrOl$ are tn place to provide re&wDabk assurance agarnst fra￿] and error. Trnstees, Rep)rt for th¢ Year End￿ 30 Septtmber 2025 Trustees Mr l Alex8]Ml¢r Mr P Belld￿l Mrs K Curling- (Chair) Mr R Nonvotd (appointed 2310U2025) Mrs C Weeks (appointed 2310112025) Chgrlty Number 1188388 PrlDdp8] Address Cotsrnb¢ D]D8ie Sports Centre Coombe Lane Bristol BS9 2BJ Independent Examlller Philip Evan5 BS¢ FCA PJE Chartered Accounlants 2 Oakfield Road Clifton Bristol BS8 2AL The trustees, was approved by tbe Ixwd of trustees and signwl on its bel)aEf by: trs K C'urtin Try￿¢ts -IZ- ZQZS AYOD Temnis Independent Examin¢r's Report to the Trwsteu of Avon Tebnts For The Ytsr Exded 30 Srytallber 2025 I re[￿rt to the tn&ets on my exatninatith of the w)UDts of Avon T￿niS CIO (d* Tn￿) forthe year 30 Septernber 2025. ReSpO￿1bHItleS #•d B•ls of Report As the clwity trustees of the Trus¥ Y¢￿ aE resp)vsil>le forthe prq)R￿ll of ti* ac1%)￿ im accordance with tbe requirements of the aJaTitie8 Act 2011 (￿he Artl. I report re5pe¢t of my exao1mti￿ of the Tn￿'S accounts CWTied oUtuttder￿1lo￿ 145 of the 2011 Act and in ¢arrying out my exam[Dati(￿ I have followed the applicabk Dntthi¢)Ds gÈven by the Cbartty Commission u￿let section 145(5Mb) of ibe Act. Indepettdent Examiner's StAteD*llt I have c¢)mpleted myexaminats"oL I confinn th* no lltsial rnatteES bave CthDe to my attention ÉD conn￿111)ll with the exalnination ￿ving me cause to t*lieve in any materÉal respt¢t l. sc￿U￿tEng r￿ordS w￿e ￿t kept TD rtt1p￿t of the Tntst a8 required by s#ttOD 130 of the Ac¢ 2. the acco￿ts do not accord with those re￿rd￿. or 3. tbe accounts do not comply with theawlicable CO￿¥￿1￿ the fomi atsj of attounts set out Èn tbe Chan"ties (Accoullts •id Re[￿) RegutatiotL$ 2¢K18 other thanany rryuirell￿Trt that the accounts give 8 'true and fair vie￿ whictrL is not a ￿atter¢OnSider¢d as wt of an iodqjeth exan)illation. I have Do concerns and hav¢ Come ¥ross no othermattm ID connection with the exami￿0￿ to Fknich attentioTA should be drawn in thts report in order to ￿able a properun¢kntsnd]Dg of the atcouDts to beTre£hed PhilipF.vans Bse bCA PJE Chthe￿I Acc4)untsnts 2 08kfield Rc*l ifto Bristol BS8 2AL Avoll TenDb StsteD*ht of FtnanLryal Activltles For The Year Ellded 30 September 2025 2025 2024 Totsi fumds Totsi fuD18 INCOME AND ENDOWMENTS niom: Charitablc activities". PartneThhip Fundill8 Partne* Fu]fiknent Traillillg Squads Leagues & Comr¢titioDs Grants Jnvesthients Other 87,806 44.371 27,800 28.431 68250 12.930 356 1fj912 1&912 30,7 32,694 72352 12542 32,694 149.778 72252 22203Q 269,944 EXPENDITURE ON.. Raising funds CkRtitable activities: Parthership Fulfilm¢nt Cowity Cup Competition Dcliv Court B(￿killg Fee5 Junior County C(Athing Fe¢s 1,768 1,768 1.915 IV12 16,912 55984 211.035 15,979 16,(MJ3 25,909 44,371 70,341 16.006 19,826 15.627 28.791 4,863 50,977 37,121 730 19J05 1&979 1329 2{613 4(796 4144 713 3296 Grants & Bursaries DisknThu¢e Support Costs 137h70 72352 209,922 251717 NET INCOME BEFORE INVESTMENf GAINS Net 8ains rn investments 11108 I4￿50 17.227 22,321 1459) NET INCOME 26,658 39,548 NET MOVEMENT IN FUNDS 058 39,548 RECONCILIATIOI% OF FIJMXS: Total funds brougbt forward 389J61 389,961 350,413 TOTAL FUNDS CARRIED FORWARD 16 41A619 416,619 389.961 TeMui$ S¢*tement of FIDanelal As At3e Septrmber 2025 2025 2024 Totsi Totsl fimds otr FIXED ASSYfS Tan8ibf¢ A￿ts Fixed Asset Market& Social Investh IA20 3W36 J,420 378J30 2,569 387,(K)6 12 379,756 379,756 389,575 CURRENT ASSETS Debtors Cash at ba￿k and in band 13 956 59h54 3.267 5,550 5904 60ffj10 {23.747) 60,610 (23,747) 8.817 {8,431) Credltstyrs: Amftr￿Dts F*Uing Due ￿¢bIll One Ye*r 14 NET CURRINf ASSETS ILIABILITIES) 3&863 386 TOTAL ASSETS LFSS CURRENf LIABILrriLs 416￿19 41A619 389.961 Tr4ET ASSETS 416ffj19 416,619 389,961 Unrestricted Fund8 41&619 389.961 TOTAL FUNIKS 16 41A619 389,961 The fiDaacial statetsKnts were approved by the Board of Trnstees and were sigDed on its behalf by: Mrl Alexatykr P4E 10 AV￿ Tenn Nfj¢es to the FI￿￿¢1*1 Stxtemellts For Tbe Year ERded 311 September 2025 l. Gelleral Informalio Avon TenDis is a charitable it￿1￿3ted organtsation re￿te￿d with the Clwity CoEDmi&8Io￿ ￿EL￿ed charity number 1188388. The principal address is C(x)rnEt Dingle sp(￿ts C¢ntr¢ ccthI￿ Lane, Bristol. BS9 2BJ. 2. AceouDtiDg Policies 11. B*sAs of PreparatiDn tsf Statements The financial statetDents have been prepared Tft accordance with the Clwities SORP (FRS 102)"Ac¢ounting and Reportiog by [￿arItieS.. stateme￿ of Recommen&d PrdCtic¢ applicable to cban'ties preparing their accounts in accordance with the Fioancial Rwrting Staodard atoltcable in the UKaDd Republic of Ireland (FRS 102) (effertiv¢ l January 2019}" Financial Re￿ITrg Swthrd 102 'The Fir1a￿l￿1 Rep)rtsng Stand8nl applicable in the UK and Republic of Irela￿1. aod the ChaTities Act 2011. The ¢harAty is a ￿bliC Be￿fit F￿tity defined by FRS 101 12. Fund A¢eowiting Unrestricted fuTth Can ￿ u¥¢d ill att¢Kd￿vrith th¢ dMitsbk obieLtives atthe disuttiots ofthe It￿tees. Restricted funds can only be us&J for ￿ti¢ll1ar rostrided putpm within the obJ￿ts of the ¢h8xity. R¢strictiOllS arise wheJ] srrtified by the dowr or when funth att raised for particular [￿ttiC*d pulposes. Furtber explanation of th¢ nature pwp05¢ of each fuDd is illclud¢d ID the notes to the fijjancial statements. 2J. Intontltt¥ Rtsoure¢s All inc0￿C is re¢ognised in th¢ S¢atemeDt of Fr[*￿18] Activities the cbaritybas ¢Dtillement to the fi]n(b. it is probable that the income ￿ be received and th¢ 8nThDt can be mc&8urol ￿lIablY. 2A. Resour￿$ Expeuded Liabilities are recognised as ex￿MIll￿re as SO￿ as tht¥r is a legal tr cm5twthve oblig8tii)n cOmn￿tiTll8 the charity to that ¢Xpelldlkn￿e, it is [￿able th* a t[#￿ of ¢wllomi¢ benefits will be required in settlement and the amount of the obligation can be Meas￿ ￿li&bty. Exttndith is accouD(¢d for ￿ an xcruals b￿"$ and h8s been cla&8ifiedunder he&th"ngs that aggregate a]1 eost relatedto the c4tegory. Where c[￿ts cannot be ditectly at￿l)llted to pat1icu]arheadutgs they bave be￿ ailiKatd ￿ a¢Livits&8 on a ba&s co￿41stent with the use of resources. 23. Tanglble Thed A*¢ts Depred*tion Tangible r￿ed￿$sets are meawred at ￿)st l¢ss accu[￿at￿l th[K￿latIOn any rnulated losses. Depreciati¢)n is provided at rates calculated to write off thc cost ofttje fix￿ assets, l¢ss their es1imated residual value, over their rApected wefiL] lives on the followiti8 b&w'. Swts Equipment Offi¢e Equipment Computer Fquiptt￿t 330A Straight line i)tt cost /0 Straigbi line on cwt 330/• stiaight lfftlle on cost 2.6. IDvestmemts Investtn¢nts are a fonD of b&%ic financi81 lDstnM￿ and illit￿lly recogllts￿ & tb¢ir traDSaetIo￿ vdue aad subscqueDtly tneasured at their faiT￿lue as at ￿ balatKe 5beetdwe using th¢ ¢ltsing quoted market price. The ststement of fiTwiciaJ ￿1VitieS includes the net gains and lo&￿ 8risi]Jg on reva]uation and di5posa]s throughout Avon TthDis Notes to the Fwnelal S¢*¢eth￿ts {eDntimtsed) For The Ye*r Elld￿l 30 September 21)25 2.& IDvestmeuts- ¢onthiwed Atl gal￿ and105ses aTC tak￿ to th¢ Statem¢th of FiDanctal Activitia as they arise. ReAlised gains a￿1 losses on nvesttnents are ca]¢uiated as the differeD¢e sales prc¢eeds and their opening ca￿￿￿8 valu¢ or their purchase value rfaequired 5llbseq￿t to the first day of the financial year. Unrealised gains aDd losses are alculated as the difference between their frdir value at the yeaF-end and tlrr c#rryit)g value. R￿lised aThl eajiscd iDvestsneDt ga￿ and kw¢s are eombilled in the Statement of FinaDctr81 AcEivities. The nllin fortn of fitmncial risk faced by the ¢barity t$ that of volattlity in equity markets and investhient maTkets due to widcr ecollomi¢ conditiottK tbe att[￿{￿ of I￿ve￿O￿5 to inveSt￿ent risK aLKI ¢h8Dges in sentim¢ot concernin8 equities aDd within particu]aT sectors or sub sectots. 2.7. IR8siog #nd Hire Purcbase Contr*¢ts Asset$ obtained utsjer financc leaKs are capitalised tang]ble assets. A#sets acquired under finance l¢asts are deprEciate41 over the sknrttr of the lea￿ ter￿ aDd their usefv] lives. Atsets acquired under hi￿ purehase COI￿raCts are depreciated over ebeir wfjJ] lives. Fltwice leases are th(K where substaulially all of the bcnefits aDd risks of ownership ￿e by the clmrity. ObligdtiODS ll￿1¢r such a￿tements are itjcluded in the cred]"tors net of thc fjnallce charge all￿ated to bjth ￿riOdS. The fiDan¢e elern￿l of th¢ rental payment is char8¢d io th¢ S￿tell￿llt of fmallcial &tivAlies so ¥s to aLw#ant pmothe Trts of eb¥tge on the net obligthon outstanding in eacb Pen￿]. Rentals 4)pli¢able to (wating le&ses where gJbstanti￿Y all of the trKnefits and risks of owrnship remain with the lessor are charged to the statern•rt of fiawKial ¥ttvitits as incu￿e4￿ 2.8. C&8h and C4sh Equlvaients Cash and cash ¢quivalents are b&si¢ financial &5￿ts and inch]de cash SD band and dwits held at ￿1] with bank4 other short-terni htghly liquid illve5tn￿ts that in morc than thtEe ￿￿th9 from the date of acquisition and are ￿ad]lY collveTts"ble to a known amount of with ij]s1gllifKa￿ risk of ¢hange in value, gnd bank overthfis. 29. Social Investment Social Invcstn￿nts are loaLs to tennis clubs to sw the ongoing growth iti tenDiS. The inveskn)¢t* is mAsurwJ as th¢ anKpunt rec¢iv8ble from the temiis clubs at the year ForThe Year EDd¢d 31) S￿p¢ember 2025 3. ￿VeStment ltteome 2f125 2024 Unrestricted Unrestricted fullds fwids Bank interest receivable Dividends from illve5tmert% Other interestrec¢ivable 638 312 12,618 11,903 12.542 12,930 4. Other IneDme 2025 2024 Unrtstri¢te41 u￿reSt￿le￿d funds fu￿d& Cthutty kit & equipment 50 356 5. Net lDcomeJ(E4udknre) The net ino)me is thled after clw&nW(¥ThJitt"ng): 2025 Depreciation of •ble fixed &8s¢ts. 0￿ed GaiDILo&g on disp(￿1 of tsngible fixed &*%ts 1,416 968 149 & Gr#nts Payable 21124 Grallts to Gr￿ts ¢0 Indlvidu*lJ Individuals Grants & Bursaries Disth 4.796 4.863 P4¢ 13 Avon T¢nnts lo the FIDMe1￿ Statements (Lxbo¢illued) For The Yev EDded 30 September 2025 7. Support Costs 2025 2024 Support Support Costs Employee Costs 37,163 35.412 3204 3,204 9.115 9.684 Depreciation 1.416 1.638 1.117 Governance eosts 1.560 52,536 50,977 TDdepend¢nt Examiner's Remuner•llott 2025 2024 Indepellden¢ exaTDimtson of the fill￿1￿ statrm 1.638 E,560 Tax advisory s¢rvi¢es OtheE finanGial 1.638 1,560 9. Ssaff Costs Stsff eosts were as follows.. 21125 2024 Wages and salaries Other pension costs 35.658 1.505 33,921 1,491 37.163 35,412 No employecs re¢etved employe¢ betrfits 1￿cludIng employerwL%i(w fortbe Twting period of thon £60,(X)O. P¥E 14 Avon Tennls Ntrtes to the FI￿ncial Staternents (conlinDed) For The Yw Ended 3• September 2025 10. Aver•ge Num1￿ of Employees Average of en4iloyees dwin8 the &8 follows: AdmiDiStration 2(125 2024 11. Tangtble A&%ets Sports Offlee Computer EqDipment Equlpmemt Eq4lpmfflt Total Cost As at l O¢toirr 2024 Adth"tit 1.700 5.193 177 8,027 267 As at 30 Septeml)er2025 1.134 1.790 5J70 8294 Depreaadon As at l October 2024 Provided during the penod 631 378 1.7(K> 18 3.127 1.020 5,458 1,416 As at 30 Septeniber 2025 1,718 4.147 6,874 Net Book Vglue As at 30 S¢ptemb¢r 2025 125 72 1223 1.420 As at l October 2(r24 503 1569 P¥15 Notes to the Ststemellts (ohlltinued) F•r The Year Ended 30 Septemkn 2025 12. Fixed knet Market & SOCI￿ knvestm¢uts Market Soetsl Inve5tmeDts knveslDKnts Tot*1 Co8t orv￿￿￿tIOn As at l October 2024 Additions "sposals/ loatt ryyments R¢valuations 325.697 61.309 387,006 11.9)3 15.(M)I 26,904 (33.666) {16,458) (50.124) 14.550 14J50 Ag at 30 Septemb¢r 2025 318,484 59.852 378 J36 Net Book Vah As at 30 September 2025 318,484 59.852 378,336 As at l Octt)1tt 21r24 325.697 61.309 387,006 13. D¢btor8 2025 2024 Due withln otte y Trade debtors Otherdebtots 734 1,996 1,271 956 3267 14. CredKtDfg: Anhowits Fallkng Due Wltkln One Year 2025 2024 Trade creditors Other creditors Taxatioll and swial secutity 19,193 2,504 2.068 172 4.547 2.050 23,747 8,431 P4E16 Avon TenDi5 Notes to the Ststeiiie#ts {contÉtiued) For Tbe Ended 311 September 2025 15. PeiJioD Commltments The clwity operates a d¢fllThl contrl)thion pe￿10￿ ￿herne. The assets of the scheme are ]￿Id separntely from those of During the year the charse to the ststement of fin￿￿81 &knityes in ￿s￿of defin&lcontiibutioll SCh¢D￿ w&8 £1505 (2024.. £1.491). 16. Moveme￿1 Funds Asatl Oetthr 2024 Asat30 September tn¢ome Espenditsre 2025 Unre8tt4cted fvnds General." Gene￿1 utlrestticted fiu Restri¢ted fwids LTA GrdDt 389.961 149.778 (123,120) 416.619 72252 (72.252) Totsl 389.961 222,030 (195.372) 416,619 As#tl OetolKr 2•23 l¥ome Expelldilure Trnnsfers A5#t30 September 2024 Unrestri¢ted General.. General unrestrie*d fund Restricted fwids LTA Grant 348.673 201.694 (162.146) 1.740 389,961 1.740 68250 (68250) {1,740) To￿1 funds 350,413 269,944 (230J96) 389,961 17. Trans*¢tioThq with Trnsttts None of the In]stets receiviyj any Temune[*1￿ orw otherbtr*fits an employtneDI with the chw or& related entity during the current Orpr￿0￿￿ year. l& Relatsd Pty Dhc There have beenno ￿late41p￿ty ttawc4ioAs in the rwtin8PUiLNt that ro4Uite disclosure. P4r 17