Norfolk Tennls Charitable Incorporated Organisation Trustees. Report and Financlal Statements Year Ended 31 December 2024 Norfolk Tennis Flnanclal Statements Year Ended 31 December 2024 Contents Reference and Administrative Details of the Charity and Trustees Trustees, Report Statement of Financlal Artivltles Statement of Flnancial Position Notes to the Flnancl31 Statements Norfolk Tennls .v. Reference and Admlnlstrative Details of the Chavlty and Trustee5 Charlty Reg15tered Number 1203480 Trustse$ Kathryn Lofthouse James Buddell Elizabeth Gill Heather Bottomley James Kent Honorary Secretary Elizabeth Glll Re8lstered Offl¢e East An8lla Tennls & Squash Club Lime Tree Road Non¥ich Norfolk NR2 2NQ Honorary Treasurer James Kent ACA Norfolk Tennis Trustees, Report Year Ended 31 December 2024 TheTrustees present their annual report together with the financlal statements of Norfolk Tennis for the year ended 31 December 2024. The Trustees confirm that the Annual Report and financial statements of the charitable incorporated organisation Comp￿ with the current statutory requirements, the requirements of the govefning document of the charitsble incorporated organisation and the provisions of the Statement of Recommended Practice ISORPI applicable to tharities preparin8 financial statements in accordance with the Financial Reporting Standard applicable in the United Klngdom and Republic of Ireland IFRS 1021. Pollcles and ObJertlve5 In setting objectives and plènnlng for actlvltles. the Trustees have given due conslderatlon to general 8uldance published by the Charity Commission relating to public benefrt. Goln8 CO￿•M After makin8 appropriate enquiries. the Trustees have a reax>nable expectation that the Charlty has adequate resouces to continue in operational existence for the foreseeable future. For this reason. the continue to adopt the going concern basis in preparing the financial statements. Further details re8ardlng the adoptlon of the golng concern bas15 can be found In the accounting policles. Norfolk Tennls Statement of Financial Activities Year Ended 31 De￿mber 2024 rfod to 31 0•￿mber 2024 31 December 2023 Income Funding Agreements Sponsorshlp Other Income Bank Interest Totsl Inc(¥ne Expendltuie Reglstrations Competitlons Communlty Inltlatlves Operatlons Totsl Expendlture Net Movèment In Funds R•¢onclllatlon of Funds T(rtJl Funds 8routht Fonyard Total Funds Carrfed Forward Norfolk Tennis Statement of Financlal Positlon Year Ended 31 December 2024 Perlod to 31 De￿M￿r 2024 31 December2023 Note Fixed Assets Tangible Flxed Assets Dèbtors: Falling Due Wrthln One Year Loans to Clubs Current Assets Prepayments and Accrued Income Other Debtors Cash at Bank Debtors: Falling Due After More Than One Year Loans to Clubs Current Lrabilities Atcruals and Deferred Income Other Creditors Totsl Assets Less Current Llabilitles Net Assets Charlty Funds Restricted Funds Unrestricted Funds Total Funds The financial ststements were approved and authorised for issue by the Trustees on 6 October 2025 and slgned on their behalf bv: James Buddell Chair james Kent Honorary Treasurer Norfolk Tennls Notes to the Flnancial Statements Year Ended 31 De￿mber 2024 General Informatlon The Charitable Incorporated Organisatlon (CIO) was domant in the year. with the troding activlty belng recorded in the Norfolk Lawn Tenni5 Association, an unincorporated assoclatlon. The trade and assets of the unlncorporated entity are to be incorporated to the CIO durlng the year to 31 December 2025. Accountlng Polkles Basls of Preparatlon of Flnandal StstemeTrts The financlal statements have been prepared In accordance wlth the Charftles SORP IFRS 1021- Accounting and Reportin8 by Charities- Statement of Recommended Practbce applicable to charftles preparing their accounts In accordance with the Finantlal Reportin8 Standard applicable In the UK and Republlc of Ireland IFRS 1021. Norfolk Tenn15 meets the definition of a publk benefft entlty under FRS 102. Assets and Ilablllties are inltlally recoBnlsed at hlstorlcal cost or transaction value unless othen¥i5e stated In the relevant attountln8 poli¢y. Tru5tees' Remuner¥tlon and Expenses During the perlod, no Trustees retelved any remuneratlon or other beneffts. No Trustee expenses were Incurred In the perfod.