Charlty reÈistration number 1191997 Company registratlon number 12013036 lEand and Wales) MOREfoN MORRELL TENNIS COURT CLUB UMITED ANNVAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 310ECEMBER 2024
moRoN MORRELL TENNIS COURT CLUB UMITED LEGALAND ADMINISTRATIVE INFOIMTION Trustees and Dlrectors Simon Hobson Chairman, Dirertor and Trustee Treasurer, Director and Trustee Secretary, Dirertor and Trustee Director and Trustee Dirett¢r and Trustee Director and Trustee Director and Trustee Dlrector Steven Walsh Antony Branfield Sir Andrew Hamilton Christopher Ma8ueriE john Franklln Martin Trees Martin Ryan Bruce Paxton Trustee Charlty number 1191997 Company number 12013036 Registered office The Tennis Club Moreton Morrell Warwickshirè En8land CV35 9AL Independert examlner TCGroup Celixir Housè Stratford Buslness & Technolw Park InnovatirJn Way, Banbury Road Str3tford-upon-Avon Warwickshire United Kingdom CV37 7GZ
MORETON MORRELL TENNIS COURT CWB UMITED CONTEFUS Page Tru5tees' report Independent examiner's report ststement of financial activities Balance sheet Notes to the financial statements 9-17
MOREfoN MORRELL TENNIS COURT CWB UMITED TRusfEES' REPORT (INCLUDING DIRECTORS, REPORT AND sfRATEGIC REPORTI FOR THE YEAR ENDED31 DECEMBER 2024 The trustees present their annual report and financial ststémènts for the year ended 31 December 2024. The financial ststements have been prepareil In accordance with the accounting policies set out In note I to thÈ financial statements and tomply with the Club's Articles of Association, the Companies Act 2(K>6 ar 'Accounting and Reporting by Charities= 5tstement of RecommÈndÈd Practice applicable to charities preparin8 their accounts in accordance with the Financial Rèporting Standard applicable In the UK and Republic of Ireland IFRS 1021" leffèctive l January 20191. Objerti$ and actlvltie5 Purposes of the charity The Club Is estsblished for the followlng purposes, defined in the Articles of Association- al The promotion of community participation in healthy creatiOn, in particular by the provision of fa¢ilitiÈs for the playing of Real Tennis in the Midlands of England. bl To conseNe, preserve and improve for thè public benefit as a building of historic interest the Real TennSs Court at Moreton Morrell, Warwickshire CV35 9AL, and to educate the public about the history and heritsge of the building. Activities in relation to those purposès The main artivitie5 in support of the purpose5 are.. Provision of a seryiceable playin8 facility for real tennis Provision of services to support tennis attivity, namely lessons, court booking management, manutscture ot ba115. Sale of equipment and membership management Maintenance of thé tènnis court buildinL including reattive and emergency works and planned maintenance based on a quinquennial building survey Fundrais1 to augment sub5CriPtions and court fee5, including events and merchandise sales. Publlc benefit The trustees have paid due re8ard to guidance issued by the Charty Commission in deciding what artlvltles the Club should undertake. Strategic report The description under the headings 'Achlevements and performan. and "Financial review" meet the company law requirements for the trustees to present a strategic report. AchR¥ements and performance Si9nlficont urtivities 17nduchlevements agoinstobJe¢tlves The year has been s18nificant for the club as our Head Prgfe55ional of 25 years declded to retire with 3 mvnths noticè and we had to urgently advertise and secure a replacement. This process was mobili5ed quickly and elIent successor was found in Darren Long who, wlth help from his club (Manchester T&RC) started promptly, leaving us with only a two month gap. Thanks BO to our Assistant Profe55itsnal, Uoyd Pettiford, for brldging the gap very ably. Despite this interruptiort, court bookings for the year have been heatthy wf(h a welcome strengthenlng over last vear and a further upward trend being seen in 2025. Court utilisation overall for the last calendar year wa$ 70% 12023- 66%, 2022.. 68%) split between weekdays 79% and weekends 46%. ThÈ club continues to explore way5 of Increasing utilisation, especially at weekends. A weekend membèrship category has been introduced to encoura8É weekend play and partltularly for members of Leamington TCC and those who have second homes in the catchmènt and may be remote during the week. The professionals continue to run a rich variety of tournaments and matches during the season. to encOure participatiijn at all skill levels.
MORETON MORRELL TENNIS COURT CWB UMrrED TRUSTEES, REPORT (INCLUDING DIREcfoRS' REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR EhTDED31 DECEM8ER2024 Membership over the past year and through annual renewal in January has suffered with playing rnembership ducing by I to 155 and Friends of the Court dropping by 6. The latter has been tsrgély due to deaths but both have been affetted by the rising cost of living. Thi5 ha5 driven some to leave when playing less regularly or when members of other clubs as well. Finding new members is a constant challenge and continue5 to be 100% through existing member introdurtions. Increasing awareness of the gah)e through open days and creating the table tennis lea8ue tearn has been positive but with little real effett. The game of real tennis reoulres both physical and mental lstrategyl input and provides a longer playing life than most other racket game5. We are pleased to 5UPPOrt many player5 Of retirement a8e, with over 25% being over 65 years of age. The expanslon of the sportlng elements Into table tennis in the prior year ha5 proved worthwhile. with an enthusiastic group of players competing In the 10¢31 lèague and achieving a mid-placed result. In February 2025. the Space used for table tennis wa5 cleared to revert back to American Squash Tennis and an unofficial world championship of this game was held for the first time in 10 years, wh the officlal world champion (from 19951 travelling from the USA to compete. The club boasts the only tturt In the world in regular use and are proud to preseThe the court and game. The historic building around the court continued to provide challenges. Roof leakage Into the Professional's apartment durin8 siorms and repairs to window fTrmes and glazing havè been the focus of this year. We continue to work on defining the longer term programme of building woyks to keep water out and heat in, usin8 the rèsults of the buildlng survey done in 2021. A consultant has been engaged to specify this complex pro8ramme and then secure 5uitsble contractor5 through a competitivè tender process in what continues to be a difficLsIt construrtion supply chain situation. Fundraislng for the buildlng programme u)ntlnues in parallel through events and grants. We have early promises and havè won the opportunity to host the World Championship Doubles in April 2026, through which we hope to attract sponsorship as well as revenue from ticket sales. Other fundraising events during thè tournament such as an amateur compÈtltion, another Squash Tennis world champlonship, and a gala dinner are planned. A5 always. volunteers from the membershlp do the work to deliverthese events and we are rellant on their eff(ts. As well as fundraising for exceptional expendlture. we have carried out a Inowl annual review of regular revenue through subscriptions and court fees. These have been raised broadly in line with the inflationary effects seen In our operatlonal costs. In addition, Gift Aid Continues to provide a valuable sour¢e of revenue. Promotion of our ancient game as an excellent way of keeplng healthy is Central to our mission. We contlnue to run a junior developmènt programme (with financial support from the Dedanists Foundation and building a list of c. 25 junior players) and explo ways to engage more with the local community to encourage awareness and participation. Table tennis home matches have increased footFall of the unaware and we opened for the Heritage Open Days again this year, increaslng to four days access where host volunteers introduce members of the public to the game and its history.
MORETON MORRELL TENNIS COURT CWB Llmrrf D TRUSTEES, REPORT IINCWDING DIRECTORS. REPORT AND sfRATEGIC REPORTI ICONTINUEDI FOR THE YE•lR ENDED31 DECEM8ER2024 Flnanclal revlew The trustees are pleased to report that despite 3 deficit of £23,86912023'. deficit £8,786) in thè year, the charity's financial posltion 15 considered to be good, with ortEoing support from loyal members and court usage hi6h, and with the abllity to recelve gift aid on subscriptions and other donations, we tontlnue to breakeven on ordinary operations. The defitit Is after spending £26,340 on maintenance and upkeep of our treasured historic buildinB. Thi5 brin8s property upkeep to over £44,OCKI in the last two years. The trustees anticipate fvrther Brant income towards these ongoing works bLrt this is not refiecte<l In these accounts as it has not yet been secured. Reserves policy It is the policy of the Club that unre5tritted funds whith have not been designated for a specific use should be maintained at a level equivalent to betwèen six and nine month'5 expenditure. The trustèes consider that reserve5 at this level will ensure that, in the event of a Significant drop in funding, they will be able to continue the Club's current artivitles while conslderation is given to ways In which additional funds may be raised. This lèvel of reserves has been maintsined throughout the year. Strurturew governaneè and management The Club 15 a company limited by guarantee. The trustees. who are also the directors for the purpose of company law, and whts served durlng the year and up to the date of stEnature ofthe financial statements are as shown on the contents page above. Sir A C Hamilton Mr M PTrees Mr B T Paxion MrSAHobson Mr C Marguerie Mr J A Frankln Mr A P Branfield Mr S Walsh Recruitment and appointment of trustees Trustees are appointed in accordance with the Articles of A550£iation. lftductlon ond troinlng of new tmstees It is thè charity's poli that new Trustees under80 an orlentstion process to brief them on their le8al obligations under charity law, the charity's govèrnin8 document5, the commlttee decision makin8 pro¢es5. the business plan and recent financial perfomiance of the Charity. Trustees are encouraged to attend arhy appropriate external trainlng events that will a55ISt them in carrying out their role.
MORETON MORRELL TENNIS COURT CWB LIMITED TRusfEES' REPORT IINCWDING DIRECTORS. REPORT AND RATEGIc REPORT) ICONTINVEDI FOR 7HE YEAR ENDED3J DECEMBER2024 Orgoni5Utionolstructure The finances and performance of the aub is overseen by the trustees who meet quarterly but more frequentlv when required to respond to chan8e5 in government guldance. to monitor the work of the club and how we are meeting our charitable alms. The trustees have employed 8 hèad professional, an a5SlStant professlonal and an administrative assistant. We also have engaged a number of individuals to cover cleaning and building artwitie5 who are all self-employed. The trustees, r , including the strategic report. vrds approved by the Board of Trustee5. Mr S Walsh Trustee 28 Aprll 2025
MORETON MORRELL TENNIS couirr cw8 LIMITED INDEPENDE EXAMINER'S REPORT TO THE TRUSTEES OF MORETON MORRELL TENNIS COURT CLUB LIMITED I report to the trustees on my examination of the financial statements of Morelorh Morrell Tennis Court aub Limited (the Clubl for the year ended 31 Decembèr 2024. R•sponslbllltles and bas1$ of rert As the trustees of the Club land also its directors for the purposes of company lawl you are responsible foi the preparation of the th"nancial statements in accordance with the requirements of the Companies Act 20[ (the 2006 Actl. Having 5at15fied myself that the financial ststements of the Club are rbot reqLJirèd to be audited under Part 16 of the 2CQ6 Att and are eligible for independent examination, I report in respect of my exawninatlon of the Club's financial statements carried out under sertion 145 of the Charities 2011 (the 2011 Actl. In carrylng OLrt mv examination I have followed all the applicable Directlons glven by the Charity Commission under section 1451511bl of the 2011 A¢t. Independent examiner's statement I have completed m¥ examination. I confirm that no matters have come to my attention in connection with the examlnation giving me Cause to believe that in any material respect.. accounting rècords were not kept in respect of the Club as requlred by section 386 of thÈ 21XJ6 Act., or the financial statements do not accord with those records., or the financlal ststement5 do not comply wrth the accounting requiremènts tsf section 396 of the 21x6 Art other than any requirement that the accounts give a true and fair view whlch is not 4 matter considered as part of an independent examination; or the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts In accordance wlth the FSnancial Ret)ortlng Standard applicable in the UK and Repvblic of Ireland IF 1021. I have no conterns and have come across no other matters in connection wlth the examination to which attention should be dwn in thi5 report In order to enable a proper under5tsndlng of the financial statement5 to be reached. TC Group Cèlixlr House stratford Business & Technology Park Innovation Way, Banbury Road Stratford-upon-Avon Warwlckshire CV37 7GZ United Kingd¢m Dated-. 28 Aprfl 2025
MOREfoN MORRELL TENNIS COURT CLUB LIMITED STATEME OF FINANCIAL AcnviTIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YE4R ENDED 31 DECEM8ER2024 Unrestrl£ted funds 2024 Unrestricted funds Z023 Notes Income and endowmènts from: Donations and lega¢ies Charitable activities Investment5 Other Income 44,834 62.039 1,432 8,097 45.675 56.920 1,336 10,700 Totsl income 116.402 114,631 Expenditure on: Charitable activities 140.271 123,418 Total expeb)dlture 140,271 123,418 Net expenditure and movement In funds 123,8691 18,7871 Re¢on¢lllatlon of funds: Fund balances at l January 2024 438,075 446,821 Fund balances at 310eomber 2024 414.206 438,034 The statement of financial activities includes all galns and losses recognised in the year. All income and expendlture derive from continuing actlvities.
MORETON MORRELL TENNIS COURT CLUB LIMITED BALANCE SHEET ASAT31 DECEMBER2024 2024 2023 Notes Fixed assets Tangible assets io 356,742 360,713 Currnnt assets Sttttks Debtors C2sh at bank and in hand li 12 3.590 10,546 81,212 2,614 10,130 l(X),420 95.348 I,164 Creditors: amount5 fallin8 due wlthin one v•ar 13 110.0171 17,5761 Net current assets 85,331 105,588 Total assets less current Ilabllitles 442,073 466,301 Credlttsrs: amoubits fallin8 due after more than onè year 14 127R671 128,2671 N¢t assets excludlng penslon Ilablllty 414,206 438,034 Net assets 414.206 438,034 The funds of th• Cl Unrestricted funds 414,206 438,034 414.206 438,034 The company is entitled to the exemption from the audit requirement contained in sertion 477 of the Compan4es Act 2006, for ihe year ended 31 December 2024. The dlrector5 acknowledge their spOnSIbl11t1eS for complying with the regulMentS of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The members have not required the company to obtaln an audit of its financial statements for the year in question in accordance with sertion 476. These financial statements have been prepared In accordancè with the provisions applicable to cvmpanies sublect to the small Companies gIMe.
MORETON MORRELL TENNIS COURT CWB LIMED BALANCE SHEET ICONTINUEDI ASAT31 DECEM8ER2024 The flnancial sta nts were approved by the trustees on 28 April 2025 Mr S Walsh Trustee Company registration number 12013036 IEngland and Wales)
MORETON MORRELL TENNIS COURT Cwg LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR fHE YE4R ENDED 31 DECEM8ER2024 Accounting pollcies Charlty inf¢rn)afjon Morelorh Morrell Tennis Court Club Llmited is a private company limited by guarantee incorporated In England and Wales. The registered office is The Tenni5 Club, Moreton Morrell, Warwickshire. CV35 9A England. 1.1 Accountin8 conventSon The financial ststemènts have been prepad In accordance with the Club's Igoverning documèntl, the Companies Act 2006. FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" I"FRS 102,1 and the Charities SORP "Ac¢ountlng and Reporiing by Charities.. Statement of Recommended Practice applicable to chaTlties preparing their account5 in accordance wlth the Financial Reportlng Standard applicable in the UK and Republic of Ireland IFRS 1021" leffertive l January 20191. The Club is a Public Benefit Entity as defined by FRS 102. The Club has tsken advantage of the provisions in thè SORP for charitie5 not to prepare a Statement of Cash Flows. The financial statements are prepared In sterling, which 15 the functional currency of the Club. Monetary amount5 in these financial Statements a roundèd to the nearest £. The financial Statements have been prepared under the hlstorical c05t convention, Imodified to includè the ievaluation of freehcld properties and to include investment propertles and certain financlal instruments at fair valuel. The principal accountlng policies adopted are set out below. 1.2 GolrbB contérn At the time of approving the financial ststements, the trustees have a reasonable expeclation that the Club has adequate resour5 to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going con¢ern basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustee5 in furtherance of their charitsble objectlves. Restrirted fund5 are subject to spèelfic conditions by donors or grantors as to how they may be used. Thè purposes and uses of the restricted funds a set out in the notes to the financial statements. Endowment funds are subject to specific condltlons by donors that the capital must be maintsined by the Club. 1.4 In¢ome Income is recognised when the Club 15 legally entitled to it aftèr any performance conditions have been meL the amounts can be measured reliably. and it Is probable that income will be received. Cash donation5 are recognised on receipt. Other donations are recognised once the Club has beerh notified of the donation, unless performance conditions require dÉfèrral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
MOREfoN MORRELL TENNIS COURT CWB IIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) R)R THE YEAR ENDED31 DECEMBER2024 Accountln8 poli¢ies (Continued) Legacies are recognised on ceipt or otherwise rf the Club has been notified of an impendin8 distribution, the amount is known, and receipt is expetted. If the amount is not known, thè legacy is treated as a contingent a55et. 1.5 Expenditure Expenditure 15 recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economlc benefits will be qUired in settlement, and the amount of the obligatlon can be measure¢J reliably. Expenditure is cla55iPied by activity. The costs of each artivity are made up of the total of direct costs and Shared costs, including support costs involved in undertaking each artivity. Direct costs attributsble to single activity are allocated directly to that activity. Shared costs which ct)ntribute to more thar) one activity and support costs which are not attrlbutable to a single activity are apportioned between those activities on a basis consistent with the use of resource5. Central staff costs are allocated on the basis of time spent, and depreciation charge5 are allocated on the portion of the asset's use. 1.6 Thible flx•d assets Tangible fixed assets are initially mèasuTed at cost and subsequently mèasured at cost or valuation, net of dèpreciation and any impairment losses. Depreciation is recogni5ed $0 as to write off the co# or valuation of assets less thelr re51dual values over their useful lives on the following bases: Freehold land and building5 Flxtures and fittings Computers Not depreciated 33% reducing balance 33% reducing balance The gain or loss arising on the disposal of an asset Is determined as the difference between the sale proceeds and the carrying value Of the asset, and 15 recognised in the statement of financial activttie5. 1.7 Impalrment of fixèd asset5 At each reporting end date, the Club reviews the carrying amounts of its tsngible assets to determine whether there is any indlcation that those assets have suffered an impairment loss. If any Such indication exlsts, the recoverable amount of the asset is estimated in order to determine the extent of the impairment 1055 lif 4nyl. 1.8 Stocks Stocks are ststed at the lower of coxt and estimated Selling pr1 less costs to ¢omplete and sell. Cost comprises direct materials and, where applicable. direct labour costs and those overheads that have been incurred in bringing the stocks to their present lotatlon and condition. Items held for distributlon at no or notllinal consideration are measured the lower of replacement cost and cost. Net realisable valuè is the estimated selling price less all estimated costs of Comption and costs to be Incurred in marketing, selling and distribution. 10-
MORETON MORRELL TENNIS COURT CLUB UMITED NOTESTO THE FINANCIAL SWATEMEKfs ICONTINUEDI FOR 7HE YEAR ENDED 31 DECEMBER 2024 Accounting pollcles IContÉnuedl 1.9 ts5h and cash equlvalènts Cash and cash equivalents include Cash In hand, deposits hèld at call with bank5, Other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are lhown within borrowings in Current liabilities. 1.10 Flnanclal Instrumènts The Club has elected to apply the provisions of Sertion 11 'Basic Financial Instruments, and Section 12 'Other Financial Instruments155ues' of 102 to all of its financial instruments. Flnanclal instruments are rècognised in the Club's balance sheet when the Club becomes party to the contractual provision5 of the instrument. Financial assets and liabillties are off5Èt, with the net amounts psented in the financial ststements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the a55et and settle the liability simultsneously. Buskfln(rrKlo1 ossets Basic financial assets, whlch include debtor5 and cash and bank balances. are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost Using the effertive interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as recèlvable within one year a not amortised. Boskfinon¢lalllobllltle5 Basic financial liabilities, Including C40t0r5 and bank loans are inltlally recogni5ed at transactlon prlce unless the arrangement Constitutes a financing tTansartion, where thÈ debt instrument Is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable withln one year are not amortised. Debt Instruments are subsequently carried at amortised cost, usln8 the effectlve interest rate method. Trade creditors are obligations to pay for goods or services that have bÈèn acquirèd in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or les5. If not, they are presented as non.current liabilities. Trade creditors are reto8nisèd initially at transaction prlce and subsequently measured at amortised cost Using the effertive interest method. Deretognltlon oAfinandal Ilubiiities Financial liabilitles a derecognised when the Club'5 contractual obligations expire or are discharged or cancelled. Lll Employee benefits The cost of any unused holiday entitlemerht is recognised in the perlod In whlch the employee's sèrvicès are recéived. Termination benefits are recognised immediately as an expensè when the Club 15 dem0Tr5trably commttted ttj ierminate the employment of an employee orto provide termination berbefits.
MOREfoN MORRELL TENNIS COURT CLUB LIMrrED NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDJ FOR THE YEAR ENDED31 DECEMBER2024 Accountln8 polities {Contlnuedl 1.12 Retlrement benèfits Payments lo defined contribution retirement benefit schemes are charged as an exper)se as they fall due. In¢ome from donatlons and le8acles Unrestricted lunds 2024 UNe$trtcted funds 2023 Donations and gifts Deferred grant income Membership fees 10,292 10,625 4( 34,142 34,650 4434 45,675 Income from charltable actl¥rftles Unrestrlcted funds 2024 Unrestricted funds 2023 Court fees and tournaments Charitable rental Income 61,889 150 56,670 250 62.039 56,920 Income from investments UnrEstricted Unrestrlcted funds funds 2024 2023 Interest receivable 1.432 1.336 12-
MORETON MORRELL TENNIS COURT CW8 LIMITED NOTES TO THE FINANCIAL sfATEMENTS ICONTINUED) R?R THE YE4R ENDED 31 DECEMBER2024 Other Income Unréstrlcted Unrestrirted funds fd5 2024 2023 Gift aid recèipts 8.097 10,700 Expendlture on tharltable actl¥ftles 2024 2023 Dlrect costs Staff cost5 Dèpreciation and impairment Direct costs of charrtable artivities Advertising & markèting Bad & doubtful debts Bank and credit card charges Btsokkèèping Cleaning Computer and 50ftware costs Insurance Legal & professional fee5 censes & s¢Jbscriptions Ught and heat Printing, postage and stationery Repairs and premises maintenance Water rates Telephone 42,729 4,687 18,939 42,664 4,832 18,106 364 139 1,867 3,279 5,874 295 6,567 1,162 1,625 19,756 115 26.340 6,092 1.600 3,670 5,649 6,754 37 1.299 14,625 583 18.454 4.101 140.271 123,418 Analysis by fund Unrestricted funds 140,271 123,418 TNstees Nonè of the trustees lor any persons connerted with theml received any remuneration or benefits from the Club during the year. 13-
MORETON MORRELL TENNIS COURT CWB UMITf D NOTESTO ThE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER2024 Ebry)loyees The average m¢)nthly number of employees durlng the year was: 2024 mber Numkjer Employment costs 2024 Wages and salarles other pension costs 42,056 673 42,095 569 42.729 42,664 There were no employees whosÈ annual remunerdtion was more than £60.OCI). Remlmeratlon of key management personnel None of the Trustees or key mana8pment personnel received any muneration. Taxatlon The charlty is exempt from taxation on its artivities becausè all its income 15 applied for charitable purposes. 14-
MORETON MORRELL TENNIS COURT CWB UMITED NOTE5 TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER2924 10 Tanglble fixed assets FhId land •nd b1* Flxture$4nd C¢st At lJanuary2024 Additions 379,660 25,681 3,277 718 408,618 718 At 31 Oecember 2024 379,660 25,681 3.995 409,336 Depreciatlon and impalmient At l January 2024 Depreciation charged in the year 21,385 3,426 23.605 1.062 2,916 200 47, At 31 December 2024 24.811 24,667 3,116 52,594 Carrying amount At 31 December 2024 354A49 1,014 879 356.742 At 31 December 2023 358,275 2.076 362 360,713 11 Stocks 2024 2023 Raw materlals and cijnsumables 3,590 2,614 12 Debtors 2024 2023 Amounts falllng due wlthin Me year: Trdde debto Prepayments and accrued income 7,0(X) 3,546 6,385 3,745 10,546 10,130 15-
moRoN MORRELL TENNIS COURT CWB UMITED NOTES TOTHE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 DECEMBER2024 13 Credltots: amounts falling due vlthln one year 2024 2023 Other taxation and social security DefeThed income Trade crèdltors Other creditors 1,942 400 6,059 1,616 2,699 1,664 2,813 10,017 7,576 14 Credltors: amounts lalling due after more than one year 2024 2023 Notes Deferred income 15 27,867 28,267 15 Deferred Ib)corne 2024 2023 Other deferred incomè 28,267 28,667 Deferred income is included in the financial statements as follows.. 2024 2023 Deferred Income is included within- Current liabilities Non-current liabillties 27,867 28,267 28,267 28,667 Movements in the year.. Released to inwrt 14001 14LKII 16 RetlremÈnt benefft scheme5 2024 2023 Defined (ontrlbutlon 5¢hemes Charge to profit or loss in respect of defined ¢ot)tribLrtion schemes 673 569 16-
MORETON MORRELL TENNIS COURT CWB LIMITED NOTES TO THE FINANCIAL sfATEMEKfs ICONnNUED) FOR THE YEAR ENDED 31 DECEM8ER2024 16 Retlrement benefit schemes (Contlnued) The aub operate5 a defi.ned contributlon pension scheme for all qualifying employees. The assets of the scheme are held 5epar3tèly from those of the Club In an independently administered fund. 17 Unrestrirted funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have beèn set aside out of unrestricted fund5 by the trustees for specific purposes. At ljanuary 2024 IncomlnB resources Resources expended At31 December 2024 General funds 438,075 116,402 1140,2711 414,206 Prevlous ar.. At ljanvary 2023 In¢omi Resource5 expended At31 December 2023 resour5 General fvnds 446A21 114.631 1123,4181 438,034 Related party trdnsartlons There were no di5closable related party transartions during the year12023- none). 17-