Marlborough Tennis Club CIO Charitable Incorporated Organisation Registration Number 1205561 

www.marlboroughtennis.co.uk 

## Annual Report 2025 

For the year ended 31 December 2025 





**----- Start of picture text -----**<br>
CONTENTS<br>**----- End of picture text -----**<br>



|**Charity administrative details**|**1**|
|---|---|
|**Primary Bankers**|**1**|
|**Independent Examiner**|**1**|
|**Organisation Structure**|**2**|
|**Achievements and Performance**|**3**|
|**Report on public benefit**|**5**|
|**Financial review**|**6**|
|**Reserves Policy**|**7**|
|**Accounts - Appendix**|**AA1 to AA11**|






## Charity administrative details 

## **Reference and administrative information** 

Charity Registration Number: 1205561 

Operational address: Port Hill, Marlborough, Wiltshire SN8 1DU 

Correspondence address: 1 Farrar Drive, Marlborough SN8 1TP 

Trustees from 1 January 2025 until the date of this report were: 

- Gary Bond 

- Anne Carroll 

- Neil Emery 

- Peter May 

- Sean Moir 

- Hilda Moore BEM 

- Andrew Payne - Chair 

- Joanna Payne 

- Penny Smith 

- Roger Wheeler – Co-Treasurer 

- Tim Whitrow – Co-Treasurer 

Trustees from 6 March 2025 until the date of this report were: 

- Brian Leshnick – Co-Treasurer 

## **Primary Bankers** 

The Cooperative Bank 550 Broadway Salford M50 2UE 

## **Independent Examiner** 

Matthew Sansum, Chartered Accountant 1 Meadow View High Street Burbage SN8 3AF 

1 




## Organisation Structure 

## **History** 

Marlborough Tennis Club was registered as a Charitable Incorporated Organisation (CIO) with the Charity Commission on 3 November 2023.  Our Charity registration number is 1205561.    On 3 November 2023 the CIO acquired all the assets, liabilities and the future income and obligations of Marlborough Tennis Club Community Amateur Sports Club No 04268 (CASC). The Club became a CASC on 12 February 2007 and ceased to exist as a CASC on 3 November 2023.  Marlborough Tennis Club has been organizing and playing tennis in Marlborough since 1911. 

## **Structure and our charitable purposes** 

We are governed by our constitution which can be viewed on our website.  Our charitable purposes are: 

The promotion of community participation in healthy recreation in particular by the provision of facilities for the playing of tennis in Marlborough and the surrounding area. 

## **Recruitment and appointment of trustees** 

Charity trustees are elected according to Section 9 of our constitution to serve for fixed periods with an annual requirement of one third resigning or seeking reelection at an Annual General Meeting (AGM). All trustees are volunteers. A charity trustee who has served for three consecutive terms may not be reappointed for a fourth consecutive term but may be reappointed after an interval of at least two years. All voting is confidential and results reported at the AGM to members.  The Minutes of the AGM are published on the ‘Members area’ of the club website. Trustee meetings require a quorum of at least five trustees and all meetings are minuted. All trustees give their time voluntarily and receive no benefit from the charity.  Trustees are not entitled to claim expenses incurred in carrying out their duties.  Trustees can claim reimbursement for costs they have paid out on behalf of the CIO. 

## **Induction of Trustees** 

Potential trustees have a short induction period of at least three months where they participate in the regular meetings focused on the operational management of the club. Induction materials include the clubs long term business plan, financial results, LTA safeguarding. Initial non-voting participation in meetings helps develop wider understanding of our activities and builds knowledge. Task areas mostly operate as teams to preserve knowledge and enhance decision making, sustainability and diversity. Subject to mutual agreement, new trustees are elected formally at the AGM. Our constitution requires that each new trustee receives the following: 

- a copy of the constitution and any amendments made to it 

- a copy of the CIO’s latest trustees’ annual report and statement of accounts. The annual report which includes the accounts is sent to all members of the Club before the AGM 

2 




## Achievements and Performance 

## **Introduction** 

We provide tennis and other opportunities for a wide range of people including children/young people, older people, other charities and voluntary bodies. We are an inclusive tennis club, with an ethos of ‘Opening up Tennis for Everyone’. 

2025 has been an exceptional year for Marlborough Tennis. The club continues to thrive and been recognized as a role model both locally and nationally. 

## **Tennis activities and achievements** have included: 


- Success at the LTA Awards achieving recognition and entries for ‘Lifetime Achievement’ Award (Hilda Moore BEM) ‘Wiltshire Club of the Year’ and ‘National Club of the Year’ awarded in 2025. Two additional awards were submitted as nominations in 2025 and achieved in 2026 including: 

   - Hilda Moore was honoured in the New Years Honours list with a BEM 

   - Roger Wheeler for the ‘Outstanding Contribution to Tennis Award’ in Wiltshire 

   - Jemma Eke, for the LTA ‘Young Person of the Year’ 


- (Wiltshire level and Jemma who may progress to the National finals) 


- Our daily social tennis programme covers daytime and evening sessions. 


- Adult coaching classes include skills, “hit-fit”, doubles, league training, rusty rackets. Coaching is booming, six days a week. Our Level 3 coach has one stage left to achieve level 4. 


- Junior camps (open to anyone) had nearly 225 players taking part across a record number of tennis holiday camps. 


- We conducted our first ever exchange with the Weinstadt-Endersbach Tennis Club in Germany with ten players participating in May-June 2025. 


- Walking Tennis continues in partnership with the U3A. Aimed at players at any age, Walking Tennis offers an easy way for older people to keep their body and mind active – while also enjoying the social side of being part of a tennis community. We provide two sessions a week. 


- Competitive tennis flourishes with Box Ladders, Club Championships with main beginners/improvers and juniors’ categories, and ten League Teams (an increase of one mens team as a trial in 2025), and monthly social tournaments. 


- We have hosted LTA approved tournaments across all age ranges and the Wiltshire Adults Championships with a record 52 entries. Wiltshire Tennis has requested that Marlborough host the six-day Juniors Championships in 2026. 


- An estimated 946 people of all ages (LTA Registration data) played tennis at the club as non-members spanning ‘pay and play’, camps, coaching and tournaments 


- Membership levels continue to be strong, we have 325 members across all age groups 

3 




**Financial.** We have improved our overall financial performance in several areas: 


- 2025 Membership revenue grew to £46.0k (2024: £43.7k) 


- Pay and Play fees were £2.5k (2024: £1.9k) 


- Tennis based income across all categories rose to £58.2k (2024: £53.1k). 


- As planned, LTA and other loan repayments increased from £15k in 2024 to £25k in 2025 


- A replacement ball machine was purchased in the year 


- Investment Improvement Funds increased by £15.8k to £26.4k at 31 December 


- Our date of purchase membership model continues to provide prospective members with ease of joining with automatic direct debit renewal, with the option of three-month installments now extended for all packages 

4 




## Report on public benefit 

We have taken the importance of the commission’s public benefit guidance into account when making any decisions and comply with this benefit guidance when exercising any powers or duties relevant to the club’s activities. To measure our impact, we regularly collect data about performance, trends and key statistics. 

In 2024, as our first year as a CIO, our key emphasis was driven by our business planning priorities which included the building of a new £264.4k clubhouse. In 2025 we embedded and consolidated our financial position and fine-tuned improvement priorities, learning about how best to maximize the new clubhouse as part of an excellent set of facilities.  To support public benefit our work included: 


- Providing a tennis facility for use by the public who choose to become Members 


- Providing membership at an affordable price 


- For those who do not wish to become members, providing tennis pay and play facilities register with LTA Rally and available for booking anywhere. The furthest postcodes where booking were made, included France and Manchester 


- Providing coaching courses which are available to the public as well as to members 


- Providing tennis camps in school holidays which are available to the public 


- Finding innovative ways to encourage healthy recreation, including walking tennis. Many members participate in pickleball, although this is not a formal club offer 


- Providing SEND support via approved LTA coaching programmes to local schools. We now have six schools either booked onto SEND tennis or are on a waiting list. Demand has outstripped budget and we are seeking additional grant support to deliver this in 2026 


- Established a booking system for the new clubhouse for basic contract or rental agreement purposes as well as establishing general principles for free use. Our agreement with Community First as part of a grant application includes an agreement to make the facility available to hire for the general adult public for more than the equivalent of 104 days per year, subject to appropriate use and meeting third-party liability insurance requirements as required by the clubs’ insurers. 


- Groups which support charitable purposes to visit and use the clubhouse included the Marlborough Running Club for its AGM, RBC Brewin Dolphin, who delivered a free financial seminar for members and non-members, and the Marlborough Business Network. Wiltshire Tennis regularly seeks to use the club for coaching and training purposes. 

Other activities that supported low-income people, health and welfare of children and encouragement of participation in sporting activities included: 


- **Sports Forum free events** . We participated in the delivery of a jointly managed Marlborough Sports Forum free youth sports day. The festival was free for children aged 10 and up. We will continue this support for the 4 May 2026 event. 


- **Affordability** . We have frozen juniors (under 18s) already low fees for the third-year running. Juniors under 18 also receive a free club t-shirt and this combined low bar supports wider access. 

We regularly report performance via our AGM and monthly newsletter. The newsletter has been published monthly (for a cumulative 73 months) and a ‘Fast Facts’ document is regularly shared and available in the clubhouse. 

5 




## Financial review 

Our financial year is from 1 January to 31 December. 

The Statement of Financial Activities (SOFA) on page AA3 is for the year ended 31 December 2025, with a comparative for the year to 31 December 2024. 

The Balance Sheet on page AA4 shows the assets and liabilities at 31 December 2025. 

The club has made good continued financial progress in 2025. 

In summary: 


- Main fund income, primarily tennis related, was £61,052 (2024: £55,376).  An increase of 10.3% demonstrating further year on year improvements. 


- The Membership Team had a good year with Membership income increasing by 5.3%.  This is our most important income stream and pays for our normal operating costs and enables us to repay the loans that were needed to build our facilities 


- The Club Monthly 50:50 Lottery has been well supported by Members for which we are very thankful. This year it has funded the purchase of a replacement ball machine, contributed £2k towards loan repayments and contributed £2.7k to the Improvement Fund. 


- We have also been well supported by our Sponsors RBC Brewin Dolphin and Fine & Country - enabling £5.6k to be transferred to the Improvement Fund. 


- The Improvement Fund now stands at £26.4k (2024: £10.6k).  This is the fund that will eventually pay for an upgrade to the access gravel road at a cost that may exceed £100k and will also pay for low spill downlights on courts 1 & 2 which may cost £60k – both of these projects will need planning approval – so it may be a couple of years before we can proceed with just one of these. 


- The total of expenditure on Main Fund charitable activities, net of depreciation and amortisation of £5.5k and Court Renewal Sinking Fund of £10.8k, was £18.5k (2024: £15.5k).  An increase of £3.0k which is in line with our budget for the year and is higher as we now have the new clubhouse. 


- Main Fund Net income before Fund Transfers for the year was £24.0k (2024: £24.5k).   We need this level of income every year in order that we have the necessary funds to make loan repayments which in 2025 amounted to £25k and in 2024 amounted to £15k.   We also aim to transfer some funds from 

- Main Fund to the Improvement Fund as that is where the future lies in maintaining and improving club facilities.  In 2025 we were able to transfer £6.5k (2024: £7.0k). 


- Although the Main Fund carry forward balance is at £39.6k this is not cash that we can spend.  Most of it has already been spent in paying down the loans.  The “cash” balance reserve within this figure is about £7k, of which £4.2k is in debtors & prepayments. 

- The Courts Renewal Sinking Fund is on plan at £57.2k.  Recent costings concerning Courts 1 and 2 lights suggest that in 2026/27 we will need to increase the annual transfer from Main Fund. 


6 




## Reserves Policy 

The Trustees are committed to maintaining reserves at a level sufficient to: 

- Cover core operational expenses for 3 months in case of unexpected revenue shortfalls or delays. 

- Address unexpected costs, such as repairs to facilities or urgent equipment replacement. 

- Provide financial security for long-term projects that align with the charity’s objectives 

The Club has 3 Funds: 

1. Main Fund      2. Improvements Fund       3.  Courts Renewal replacement Fund 

   1. Main Fund - The target reserve level is at least three months of normal third-party costs of its normal Main Fund charitable activities i.e. excluding depreciation expense and the allocation of money to the Courts Renewal Sinking Fund.  On 31 December 2025 the target Main Fund cash reserve is £4,246 (2024 - £3,884).   The actual MF cash Reserve is £3,462 (2024: £2,871). 

   2. Improvements Fund – This currently stands at £26,394. The income comes from the Club 50:50 Lottery Fund – expect £4k-£6k per annum, the Net Proceeds of Sponsorship and the transfer of surplus cash earned on the Main Fund in the year. In 2024 with the building of a new clubhouse the Trustees agreed that £2k of the income from the Lottery Fund each year could be used to help make loan repayments, the rest of which are paid for by the Main Fund. 

   3. Courts Renewal Sinking Fund – This is a long-term fund to pay for when the court surfaces, fencing and lighting need replacing.  This fund also pays for periodic court surface cleaning and re-colouring which extend the life of the court surfaces.  It is expected that the current surface and lighting, which dates from the initial build in 2018, will not need replacing until 2030 to 2032. 

The Accounts in the Appendix form part of this Annual Report. 

The Annual Report was approved by the Trustees on 17 February 2026 and signed on their behalf by: 


**----- Start of picture text -----**<br>
Andrew Payne – Chair<br>**----- End of picture text -----**<br>


Tim Whitrow – Co-Treasurer 

7 



**REGISTERED CHARITY NUMBER:  1205661** 

**MARLBOROUGH TENNIS CLUB CIO - ANNUAL REPORT 2025 APPENDIX AA1 TO AA11** 

## **MARLBOROUGH TENNIS CLUB CIO Charitable Incorporated Organisation** 

## **ACCOUNTS** 

**For the Year ended 31 December 2025** 



## **MARLBOROUGH TENNIS CLUB CIO Registered Charity Number 1205561 Year ended 31 December 2025** 

## **CONTENTS OF THE ACCOUNTS** 

||**Page**|
|---|---|
|**Independent Examiner's Report**|AA2|
|**Statement of Financial Activities 2025**|AA3|
|**Statement of Financial Activities 2024 comparative**|AA4|
|**Balance Sheet**|AA5|
|**Notes to the Accounts**|AA6 - AA11|



AA1 



**MARLBOROUGH TENNIS CLUB CIO Registered Charity Number 1205561 Year ended 31 December 2025** 

## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES** 

I report on the Accounts on pages AA3 to AA11 which are attached to the Trustees’ Annual Report for the year ended 31 December 2025. 

## **Respective responsibilities of trustees and examiner** 

The charity's trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).  The charity’s trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed. 

It is my responsibility to: 

- examine the accounts under section 145 of the Act, 

- to follow the procedures laid down in the general Directions given by the Charity 

- Commission (under section 145(5)(b) of the Act, and 

- to state whether particular matters have come to my attention. 

## **Basis of independent examiner’s statement** 

My examination was carried out in accordance with general Directions given by the Charity Commission.  An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records.  It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters.  The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. 

## **Independent examiner's statement** 

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in any material respect: 

- accounting records were not kept in accordance with section 130 of the Act or 

- the accounts do not accord with the accounting records. 

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

Date:   21 April 2026 

Matthew Sansum, Chartered Accountant 1 Meadow View High Street Burbage SN8 3AF 

AA2 



## **Marlborough Tennis Club CIO** 

## **Registered Charity Number 1205561** 

## **Statement of Financial Activities** 

## **For the year ended 31 December 2025** 

||||**Unrestricted**|**Designated**|
|---|---|---|---|---|
||||**Main Fund**||
||**Income from:**<br>**Note**||£|£<br>£<br>£<br>£<br>£<br>£<br>£<br>£|
|**Membership**<br>AdultMembership<br>JointAdultMembership<br>FamilyMembership<br>Junior Membership<br>Youth Membership<br>YoungAdultMembership<br>**Total Membership**<br>LeagueMatchesPlayer Fees<br>CourtRentalby Coaches<br>Non-Member AdditionalCoachingFees<br>Pay &Play Use ofCourts<br>VisitorGuestFees<br>Use ofCourts by Others<br>InterestIncome<br>**2**<br>Income Club &RRChamps &FinalsDay<br>Incomefrom EasyFundraisingWebApp<br>IncomeTCTournaments<br>DonationsforClubhouseRefreshments<br>Other income<br>Income Social Events<br>IncomeTennisEvents<br>LTA Awards-Club of Year&LifetimeAchievement<br>LotteryTicket Sales<br>SponsorshipIncome<br>Donations<br>GiftAidfrom Donations<br>FundraisingEventsIncome<br>GrantsReceived<br>**Total Income**<br>**Expenditure on Generating Income**|**Membership**||||
||AdultMembership||25,073|-<br>-<br>-<br>-<br>25,073<br>22,160|
||JointAdultMembership||11,601|-<br>-<br>-<br>-<br>11,601<br>12,611|
||FamilyMembership||5,250|-<br>-<br>-<br>-<br>5,250<br>5,115|
||Junior Membership||855|-<br>-<br>-<br>-<br>855<br>855|
||Youth Membership||1,870|-<br>-<br>-<br>-<br>1,870<br>1,725|
||YoungAdultMembership||1,390|-<br>-<br>-<br>-<br>1,390<br>1,275|
||**Total Membership**||**46,039**|-<br>-<br>-<br>-<br>**46,039**<br>**43,741**|
||LeagueMatchesPlayer Fees||1,812|-<br>-<br>-<br>-<br>1,812<br>1,556|
||CourtRentalby Coaches||1,500|-<br>-<br>-<br>-<br>1,500<br>1,500|
||Non-Member AdditionalCoachingFees||900|-<br>-<br>-<br>-<br>900<br>963|
||Pay &Play Use ofCourts||2,505|-<br>-<br>-<br>-<br>2,505<br>1,938|
||VisitorGuestFees||222|-<br>-<br>-<br>-<br>222<br>295|
||Use ofCourts by Others||935|-<br>-<br>-<br>-<br>935<br>175|
||InterestIncome<br>**2**||2,588|-<br>-<br>-<br>-<br>2,588<br>1,826|
||Income Club &RRChamps &FinalsDay||1,510|-<br>-<br>-<br>-<br>1,510<br>1,593|
||Incomefrom EasyFundraisingWebApp||290|-<br>-<br>-<br>-<br>290<br>461|
||IncomeTCTournaments||881|-<br>-<br>-<br>-<br>881<br>1,199|
||DonationsforClubhouseRefreshments||192|-<br>-<br>-<br>-<br>192<br>-|
||Other income||75|-<br>-<br>-<br>-<br>-<br>75<br>-|
||Income Social Events||231|-<br>-<br>-<br>-<br>231<br>130|
||IncomeTennisEvents||1,374|-<br>-<br>-<br>-<br>1,374<br>-|
||LTA Awards-Club of Year&LifetimeAchievement||-|-<br>-<br>-<br>1,000<br>1,000<br>2,000<br>-|
||LotteryTicket Sales||-|11,850<br>-<br>-<br>-<br>11,850<br>11,870|
||SponsorshipIncome||-|-<br>5,000<br>-<br>-<br>5,000<br>12,500|
||Donations||-|-<br>-<br>-<br>205<br>205<br>14,943|
||GiftAidfrom Donations||-|-<br>-<br>-<br>28<br>28<br>841|
||FundraisingEventsIncome||-|-<br>-<br>-<br>1,586<br>1,586<br>4,647|
||GrantsReceived||-|-<br>-<br>-<br>500<br>500<br>**13,357**|
||**Total Income**||**61,052**|**11,850**<br>**5,000**<br>**-**<br>**1,000**<br>**3,319**<br>**-**<br>**82,221**<br>**113,534**|
||||||
||Expenses Club andRRChamps &FinalsDay||416|-<br>-<br>-<br>-<br>416<br>1,137|
||TournamentExpensesTC||557|-<br>-<br>-<br>-<br>557<br>523|
||Social EventExpenses||452|-<br>-<br>-<br>-<br>452<br>367|
||TennisEventsExpenses||862|-<br>-<br>-<br>-<br>862<br>-|
||LotteryPrizesPaid||-|5,925<br>-<br>-<br>-<br>5,925<br>5,935|
||LotteryBankCharges||-|276<br>-<br>-<br>-<br>276<br>276|
||SponsorshipAgreement Spend||-|-<br>(588)<br>-<br>-<br>(588)<br>5,343|
||Fundraising Event Expenses<br>**Total Expenditure on Generating Income**||-|-<br>-<br>-<br>272<br>272<br>2,402|
||||**2,287**|**6,201**<br>**(588)**<br>**-**<br>**-**<br>**272**<br>**-**<br>**8,172**<br>**15,983**|
||**Net Generated Income**||**58,765**|**5,649**<br>**5,588**<br>**-**<br>**1,000**<br>**3,047**<br>**-**<br>**74,048**<br>**97,551**|
||||||
||Admin & Office Exps,League Fees,League AGM||605|-<br>-<br>-<br>-<br>605<br>585|
||Advertising &Marketing||770|-<br>-<br>-<br>-<br>770<br>5|
||BankCharges &Fees||1,204|-<br>-<br>-<br>-<br>1,204<br>1,168|
||Insurance of Premises &Equipment||2,684|-<br>-<br>-<br>-<br>2,684<br>1,988|
||LTA Affiliation Places toPlayFee||840|-<br>-<br>-<br>-<br>840<br>810|
||Operational Expense,Electricity||2,802|-<br>-<br>-<br>-<br>2,802<br>3,235|
||Operational Exps,Maintenance,H&S,Wifi, Other||3,207|975<br>-<br>-<br>-<br>4,182<br>1,037|
||Juniors Coaching Support- Exps,LeagueFees||60|-<br>-<br>-<br>-<br>60<br>100|
||Rent to GolfClub||5,000|-<br>-<br>-<br>-<br>5,000<br>5,000|
||TennisBalls||1,243|-<br>-<br>-<br>-<br>1,243<br>1,606|
||CommunityFundExpenditure<br>**10**||-|-<br>-<br>-<br>820<br>820<br>-|
||CourtsRenewalSinkingFund-Courts<br>**8**||8,100|-<br>-<br>(8,100)<br>-<br>-<br>-|
||CourtsRenewalSinkingFund- Lights<br>**8**||2,700|-<br>-<br>(2,700)<br>-<br>-<br>-|
||Depreciationexpense-(Noncash item)<br>**5**||6,974|-<br>-<br>-<br>-<br>6,974<br>2,492|
||Amortisation of Clubhouse Deferred Income<br>**9**<br>**Total Expenditure on Charitable Activities**||(1,431)|-<br>-<br>-<br>-<br>1,431<br>-<br>-|
||||**34,757**|**975**<br>**-**<br>**(10,800)**<br>**-**<br>**820**<br>**1,431**<br>**27,183**<br>**18,026**|
||**Net Income Before Transfers**||**24,008**|**4,674**<br>**5,588**<br>**10,800**<br>**1,000**<br>**2,227**<br>**(1,431)**<br>**46,865**<br>**79,525**|
||||||
||Transfertohelpfundloan repayments<br>**8**||2,000|(2,000)<br>-<br>-|
||Funding Transfers to Improvements Fund<br>**Total Fund Transfers**||(6,550)|(2,674)<br>(5,588)<br>14,811<br>-<br>-<br>-<br>-|
||||**(4,550)**|**(4,674)**<br>**(5,588)**<br>**-**<br>**14,811**<br>**-**<br>**-**<br>**-**<br>**-**|
||**Net Income/ (Expenditure)**<br>**2**||**19,458**|**-**<br>**-**<br>**10,800**<br>**15,811**<br>**2,227**<br>**(1,431)**<br>**46,865**<br>**79,525**|
||||||
||Opening Balance||20,175|-<br>-<br>46,400<br>10,583<br>357<br>84,423<br>161,937<br>82,414|
||||||
||**Closing Balance**<br>**11**||**39,633**|**-**<br>**-**<br>**57,200**<br>**26,394**<br>**2,584**<br>**82,992**<br>**208,803**<br>**161,937**|



AA3 



## **Marlborough Tennis Club CIO** 

## **Registered Charity Number 1205561** 

## **Statement of Financial Activities** 

## **For the year  ended 31 December 2024 - Comparative** 

||**Unrestricted**||**Courts**<br>**Club**<br>**Lottery**<br>**Club**<br>**Sponsorship**<br>**Sinking**<br>**Fund**<br>**Designated**<br>**Improvements Fund**|**Courts**<br>**Club**<br>**Lottery**<br>**Club**<br>**Sponsorship**<br>**Sinking**<br>**Fund**<br>**Designated**<br>**Improvements Fund**|**Courts**<br>**Club**<br>**Lottery**<br>**Club**<br>**Sponsorship**<br>**Sinking**<br>**Fund**<br>**Designated**<br>**Improvements Fund**|**Restricted**<br>**New**<br>**2024**<br>**2024**<br>**Clubhouse**<br>**Fund**<br>**Total**<br>**Restated**|
|---|---|---|---|---|---|---|
||**Main Fund**||||||
|**Income from:**<br>**Note**<br>£|||£<br>£<br>£|||£<br>£<br>£|
|**Membership**|||||||
|Adult Membership<br>22,160|||-<br>-<br>-|||-<br>22,160<br>22,160|
|Joint Adult Membership<br>12,611|||-<br>-<br>-|||-<br>12,611<br>12,611|
|Family Membership<br>5,115|||-<br>-<br>-|||-<br>5,115<br>5,115|
|Junior Membership<br>855|||-<br>-<br>-|||-<br>855<br>855|
|Youth Membership<br>1,725|||-<br>-<br>-|||-<br>1,725<br>1,725|
|Young Adult Membership<br>1,275|||-<br>-<br>-|||-<br>1,275<br>1,275|
|**Total Membership**<br>**43,741**|||-<br>-<br>-|||-<br>**43,741**<br>**43,741**|
|League Matches Player Fees<br>1,556|||-<br>-<br>-|||-<br>1,556<br>1,556|
|Court Rental by Coaches<br>1,500|||-<br>-<br>-|||-<br>1,500<br>1,500|
|Non-Member Additional Coaching Fees<br>963|||-<br>-<br>-|||-<br>963<br>963|
|Pay & Play Use of Courts<br>1,938|||-<br>-<br>-|||-<br>1,938<br>1,938<br>-<br>295<br>295<br>-<br>175<br>175|
|Visitor Guest Fees<br>295|||-<br>-<br>-||||
|Use of Courts by Others<br>175|||-<br>-<br>-||||
|Interest Income<br>2<br>1,826|||-<br>-<br>-|||-<br>1,826<br>1,826|
|Income Club & RR Champs & Finals Day|1,593||-<br>-<br>-|||-<br>1,593<br>1,593|
|Income from Easy Fundraising Web App|461||-<br>-<br>-|||-<br>461<br>461|
|Income TC Tournaments|1,199||-<br>-<br>-|||-<br>1,199<br>1,199|
|Lottery Ticket Sales|-||11,870<br>-<br>-|||-<br>11,870<br>11,870|
|Sponsorship Income|-||-<br>12,500<br>-|||-<br>12,500<br>12,500|
|Donations|-||-<br>-<br>-|||14,943<br>14,943<br>14,943|
|Gift Aid from Donations|-||-<br>-<br>-|||841<br>841<br>841|
|Fundraising Events Income|-||-<br>-<br>-|||4,647<br>4,647<br>4,647|
|Grants Received|-||-<br>-<br>-|||13,000<br>13,000<br>**13,357**|
|Income Social Events<br>**Total Income**<br>**Expenditure on Generating Income**|130||-<br>-<br>-|||-<br>130<br>130|
||**55,376**||**11,870**<br>**12,500**<br>**-**|||**33,431**<br>**113,177**<br>**113,534**|
||||||||
|Social Event Expenses|367||-<br>-<br>-|||-<br>367<br>367|
|Tournament Expenses|523||-<br>-<br>-|||-<br>523<br>523|
|Expenses Club and RR Champs & Finals Day|1,137||-<br>-<br>-|||-<br>1,137<br>1,137|
|Lottery Prizes Paid|-||5,935<br>-<br>-|||-<br>5,935<br>5,935|
|Lottery Bank Charges|-||276<br>-<br>-|||-<br>276<br>276|
|Sponsorship Agreement Spend|-||-<br>5,343<br>-|||-<br>5,343<br>5,343|
|Fundraising Event Expenses|-||-<br>-<br>-|||2,402<br>2,402<br>2,402|
|**Total Cost of Generating Income**<br>**Expenditure on Charitable Activities**|**2,026**||**6,211**<br>**5,343**<br>**-**|||**2,402**<br>**15,983**<br>**15,983**|
|Admin & Office Exps, League Fees, AGM|585||-<br>-<br>-|||-<br>585<br>585|
|Advertising & Marketing|5||-<br>-<br>-|||-<br>5<br>5|
|Bank Charges & Fees|1,168||-<br>-<br>-|||-<br>1,168<br>1,168|
|Insurance of Premises & Equipment|1,988||-<br>-<br>-|||-<br>1,988<br>1,988|
|LTA Affiliation Places to Play Fee|810||-<br>-<br>-|||-<br>810<br>810|
|Operational Expense, Electricity|3,235||-<br>-<br>-|||-<br>3,235<br>3,235|
|Operational Exps, Maintenance, H&S,  WiFi, Other|1,037||-<br>-<br>-|||-<br>1,037<br>1,037|
|Coaching Support Exps|100||-<br>-<br>-|||-<br>100<br>100|
|Rent to Golf Club|5,000||-<br>-<br>-|||-<br>5,000<br>5,000|
|Tennis Balls|1,606||-<br>-<br>-|||-<br>1,606<br>1,606|
|Courts Replacement Fund-Court Surfaces<br>8<br>8,100|||-<br>-<br>(8,100)|||-<br>-<br>-|
|Courts Replacement Fund-Lights<br>8<br>2,700|||-<br>-<br>(2,700)|||-<br>-<br>-|
|Depreciation expense-(Non cash item)<br>5<br>2,492|||-<br>-<br>-|||-<br>2,492<br>2,492|
|Improvement  Spend-Court benches, Car Park Ext|-||-<br>-|||-<br>-<br>-|
|(New Clubhouse Spend £264,423 is on the Balance Sheet)|||||||
|**Total Cost Charitable Activities**|**28,826**||**-**<br>**-**<br>**(10,800)**|||**-**<br>**18,026**<br>**18,026**|
|**Net Income Before Transfers**|**24,523**||**5,659**<br>**7,157**<br>**10,800**|||**31,029**<br>**79,168**<br>**79,525**|
||||**12,815**||||
|**Fund Transfers**|||||||
|Funding Transfer to Improvements Fund|(7,000)||7,000|-||-<br>-<br>-|
|ClubHouse Funding-Tfr to Deferred Income|-||(12,607)|-||12,607<br>-<br>-|
|**Total Transfers**<br>**(7,000)**<br>**Net Income / (Expenditure)**<br>2<br>**17,523**<br>Fund Balances brought forward<br>2,652<br>**Fund Balances carried forward**<br>10<br>**20,175**|**(7,000)**||**(5,607)**|**-**||**12,607**<br>**-**<br>**-**|
||||||||
||||**7,208**|**10,800**||**43,636**<br>**79,168**<br>**79,525**|
||||3,375<br>**10,583**|35,600||40,787<br>82,414<br>82,414|
|||||**46,400**||**84,423**<br>**161,581**<br>161,937|



AA4 



## **Marlborough Tennis Club CIO Registered Charity Number 1205561 Balance Sheet** 

At 31 December 2025 

|**Note**<br>**31 Dec 25**<br>**31 Dec 24**|**Note**<br>**31 Dec 25**<br>**31 Dec 24**|**Note**<br>**31 Dec 25**<br>**31 Dec 24**|**Note**<br>**31 Dec 25**<br>**31 Dec 24**|
|---|---|---|---|
|**Fixed Assets**|||**Restated**|
|**Tangible Assets**<br>710-Cost-Courts Initial Build & Car Park Extension, Net of funding by CASC<br>711-Acc Depn-Courts Initial Build & Car Park Extension<br>720-Cost-New Club House, inc Planning & Design<br>721 - Acc Depn - New Club House<br>**Total Tangible Assets**<br>**Total Fixed Assets**<br>**Current Assets**|**Tangible Assets**|||
||710-Cost-Courts Initial Build & Car Park Extension, Net of funding by CASC||149,500<br>149,500|
||711-Acc Depn-Courts Initial Build & Car Park Extension||(4,984)<br>(2,492)|
||720-Cost-New Club House, inc Planning & Design|264,423<br>264,423<br>(4,482)<br>-<br>**5**<br>**404,457**<br>**411,431**<br>**404,457**<br>**411,431**|264,423<br>264,423|
||||(4,482)<br>-|
||||**404,457**<br>**411,431**|
|**Total Cash at bank and in hand**<br>611-Debtor GoCardLess Memberships<br>612-Debtors-Coaches<br>613-Debtors-Other<br>620-Prepayments<br>621 - Deposits<br>**Total Current Assets**<br>**Creditors: amounts falling due within one year**||**6**<br>**91,604**<br>**67,693**||
||611-Debtor GoCardLess Memberships||395<br>-|
||612-Debtors-Coaches||715<br>1,295|
||613-Debtors-Other||468<br>841|
||620-Prepayments||2,400<br>2,430|
||||229<br>229|
||||**95,810**<br>**72,488**|
|||||
|805 - AP Accounts Payable, Accruals, Expenses to Pay<br>810-Club Lottery Money Paid in Advance<br>812 - Accrued Income - Non-Membership<br>**Total Creditors: amounts falling due within one year**<br>**Net Current Assets(Liabilities)**<br>**Total Assets less Current Liabilities**<br>**Creditors: amounts falling due after more than one year**|805 - AP Accounts Payable, Accruals, Expenses to Pay||1,629<br>6,587|
||810-Club Lottery Money Paid in Advance||110<br>370|
||||225<br>525|
||||**1,964**<br>**7,482**|
||**Net Current Assets(Liabilities)**||**93,846**<br>**65,007**|
|||||
||**Total Assets less Current Liabilities**||**498,303**<br>**476,437**|
|||||
|**Total Long Term Loans**<br>**Total Assets less Liabilities**<br>**Funds**||**7**<br>**289,500**<br>**314,500**||
||**Total Assets less Liabilities**||**208,803**<br>**161,937**|
|||||
|**Designated Funds**<br>**Total Improvement Funds**<br>**Total Courts Sinking Fund**<br>**Total Designated Funds**<br>**Restricted Funds**<br>955 - Deferred income - Clubhouse Funding<br>913 - Community Fund<br>**Total Restricted Funds**<br>**Total Designated and Restricted Funds**<br>**Main Fund Reserves- Unrestricted Funds**||**26,394**<br>**10,583**<br>**57,200**<br>**46,400**<br>**8**<br>**83,594**<br>**56,983**||
||||**26,394**<br>**10,583**|
||||**57,200**<br>**46,400**|
||955 - Deferred income - Clubhouse Funding|**9**<br>82,992<br>84,423||
|||**10**<br>2,584<br>357<br>**85,575**<br>**84,780**||
||||**85,575**<br>**84,780**|
||**Total Designated and Restricted Funds**||**169,169**<br>**141,762**|
|||||
||960-Retained Earnings||20,175<br>2,652|
||Current Year Earnings||19,458<br>17,523|
||<br>**Total Main Fund Reserves - Unrestricted Funds**|**11**<br>**39,633**<br>**20,175**||
|||||
||**Total Funds**|**208,803**<br>**161,937**||



AA5 



**MARLBOROUGH TENNIS CLUB CIO Registered Charity Number 1205561** 

## Year ended 31 December 2025 

## **1. ACCOUNTING POLICIES** 

## **Basis of preparing the financial statements** 

The financial statements of the CIO, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. 

The accounts have been prepared on a going concern basis. 

Rounding – the Accounts are prepared to the exact penny but for presentation purposes, and for ease of reading and understanding, are shown in rounded pounds.  This can mean that some of the totals and/or sub totals do not appear as if they add correctly and appear to be £1 out. 

## **Income** 

All income is recognised in the Statement of Financial Activities once the CIO has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. 

Funds received from social and fundraising events are accounted for gross, where practicable. 

## **Expenditure** 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the CIO to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.  Charitable expenditure comprises those incurred by the CIO in the delivery of its activities and services for its beneficiaries and those costs associated with meeting the constitutional and statutory requirements of the CIO. 

## **Tangible fixed assets** 

All fixed assets are recorded at cost.  Depreciation is provided on fixed assets so as to so as to write them off over their expected useful lives at the following rates: 

Courts facility initial build Over 60 years commencing 1 January 2024 New Clubhouse Over 59 years commencing 1 January 2025 Equipment 20% reducing balance 

Items costing less than £1,000 are expensed in the year of acquisition. 

## **Taxation** 

The charity is exempt from corporation tax on its charitable activities. 

## **Fund accounting** 

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 

Designated funds are unrestricted funds which have been earmarked for a particular purpose in the future. 

Restricted funds can only be used for particular restricted purposes within the objects of the CIO. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 

## **Restatement 2024** 

Until 31.12.24 the income received for and the expenditure on the provision of tennis coaching in schools was accounted for on the balance sheet as a credit balance.  From 1 January 2025 this has been accounted for as a separate fund called Community Fund.  Creditors at 31.12.24 have therefore been reduced by £357 and Fund balances at 31.12.24 have been increased by £357 by increasing Grants received in 2024 by £357.  There is no tax effect. 

AA6 



## **MARLBOROUGH TENNIS CLUB CIO Registered Charity Number 1205561** 

## Year ended 31 December 2025 

## **2. NET INCOME/(EXPENDITURE)** 

Net income/(expenditure) is stated after (crediting)/charging: 

|Interest income<br>Operating lease – rent<br>Depreciation<br>Amortisation of Clubhouse Deferred Income|31.12.25<br>£<br>(2,588)<br>5,000<br>6,974<br>(1,431)<br>|31.12.24<br>£<br>(1,826)<br>5,000<br>2,492<br>-<br>|
|---|---|---|
||||



The operating lease is a lease of the land on which the CIO operates the Tennis Courts The lease term expires on 20 March 2084. 

The rent is fixed at £5,000 per annum until 30 June 2028 when there will be a market review. 

## **3. TRUSTEES' REMUNERATION AND BENEFITS** 

There were no trustees' remuneration or other benefits for the year ended 31 December 2025 (2024: £nil). 

## **Trustees' expenses** 

There were no trustees' expenses for the year ended 31 December 2025 (2024: £nil). 

## **Trustees' costs reimbursements** 

Where Trustees have paid out costs that were the expense of the CIO, these costs have been reimbursed to them. 

## **4. STAFF COSTS** 

There were no staff costs for year ended 31 December 2025 (2024: £nil). 

Tennis coaches are self-employed and pay a court rent to the CIO for their use of the courts and facilities. 

## **5. TANGIBLE FIXED ASSETS** 

|Note<br>**COST**<br>At 31 December 2024<br>(a)<br>Additions<br>At 31 December 2025<br>**DEPRECIATION**<br>At 31 December 2024<br>Charge for the year<br>(b)<br>At 31 December 2025<br>**NET BOOK VALUE**<br>**At 31 December 2025**<br>At 31 December 2024|Facility<br>Initial Build<br>£<br>149,500<br>-<br>_____<br>149,500<br>_____<br>2,492<br>2,492<br>_____<br>4,984<br>_____<br>**144,516**<br>_____<br>147,008<br>|New<br>Clubhouse<br>264,423<br>-<br>_____<br>264,423<br>_____<br>-<br>4,482<br>_____<br>4,482<br>_____<br>**259,941**<br>_____<br>264,423<br>|Equipment<br>Total<br>£<br>£<br>-<br>413,923<br>-<br>-<br>_____<br>______<br>-<br>413,923<br>_____<br>______<br>-<br>2,492<br>-<br>6,974<br>_____<br>______<br>-<br>9,466<br>_____<br>______<br>**-**<br>**404,457**<br>_____<br>______<br>-<br>411,431<br><br>|
|---|---|---|---|
|||||



AA7 



## **MARLBOROUGH TENNIS CLUB CIO Registered Charity Number 1205561** 

Year ended 31 December 2025 

## **5. TANGIBLE FIXED ASSETS – continued** 

Note (a) – On 3 November 2023 the CIO acquired the Tennis Courts Facility Initial Build from the CASC (Community Amateur Sports Club) that had built the courts.  The cost to the CASC of creating the courts on 3 levels on the undeveloped hillside was £826,168.  The cost was funded by grants, donations, events and interest free loans. These funds other than the loans were credited to a Capital Reserve account.  As loan repayments were made these repayments were also credited to the Capital Reserve.  At 3 November 2023 the amount of the Capital Reserve was £666,668.  The unfunded cost at 3 November 2023 was therefore £159,500 and this is the amount that has been recorded as the acquired cost to the CIO.  However, for the two month period to 31 December 2023 the CIO followed the same accounting practice as the CASC whereby loan repayments were treated as an increase in the Capital Reserve.  This meant that the loan repayments in December 2023 of £10,000 were also treated as a reduction in cost to the CIO reducing the cost balance to £149,500 at 31 December 2023. 

Note (b) – The depreciation charge is for the year to 31 December 2025. From 1 January 2024 the cost to the CIO for both the initial build costs and the Club House is being depreciated over the term of the lease which expires on 20 March 2084. 

## **6.** 

|**CASH AT BANK AND IN HAND**<br>Main bank account<br>Immediate Access Savings Accounts<br>Notice Savings Account|31.12.25<br>£<br>3,812<br>27,000<br>60,792<br>______<br>91,604<br>|31.12.24<br>£<br>6,344<br>13,000<br>48,349<br>______<br>67,693<br>|
|---|---|---|
||||



## **7.** 

|**LONG TERM LOANS**<br>LTA Interest Free Loan – Initial Build<br>Members’ Loans – Initial Build<br>Member Loan – New Clubhouse|31.12.25<br>3.11.24<br>£<br>£<br>25,000<br>35,000<br>94,500<br>99,500<br>170,000<br>180,000<br>______<br>______<br>289,500<br>314,500<br><br>|
|---|---|



Loan repayments total £25,000 pa for the next 7 years, followed by amounts of between £24,500 and £22,000 for the following 5 years.  The loans are expected to be fully repaid by 31 December 2037. 

The Member’s Loans are all interest free provided the CIO complies with the terms of the Loan Agreements. 

## **8.** 

|**DESIGNATED FUNDS**<br>Improvement Funds<br>Courts Renewal Sinking Fund|31.12.25<br>£<br>26,394<br>57,200<br>______<br>83,594<br>|31.12.24<br>£<br>10,583<br>46,600<br>______<br>56,983<br>|
|---|---|---|
||||



Designated funds are unrestricted funds which have been earmarked for a particular purpose in the future. 

The Improvement Funds are earmarked for facility improvements to enhance member’s playing experience at the Club facilities.  General maintenance is provided by the Main Fund but with the need for the Main Fund to also fund most of the loan repayments there is not much scope for making ongoing facility improvements from the Main Fund, hence this fund serves that purpose.  With the completion of the Clubhouse in 2024 and increased loan repayments 

AA8 



## **MARLBOROUGH TENNIS CLUB CIO Registered Charity Number 1205561** 

Year ended 31 December 2025 

## **8. DESIGNATED FUNDS – continued** 

in 2025, £2,000 of the income from this fund is to be used to help with the loan repayments. Income for this fund comes from the Club 50:50 Monthly Lottery, the net proceeds of Sponsorship and the transfer of any surplus cash earned on the Main Fund in the year. 

The Courts Renewal Sinking Fund is earmarked for when the court surfaces, fencing and lighting need replacing. This fund also pays for periodic court surface cleaning and re-colouring which extend the life of the court surfaces. It is expected that the current surface and lighting, which dates from the initial build in 2018, will not need replacing until 2030 to 2032. When this does need to be done it is expected to cost in the order of £125,000.  Income for this fund comes from the Main Fund which contributes £10,800 pa. 

## **9.** 

## **RESTRICTED FUND** 

|**RESTRICTED FUND**<br>Deferred Income - Clubhouse Funding:<br>Member donations<br>Gift Aid<br>Transfers from Improvement Funds<br>Grants Received<br>Fundraising events<br>Amortisation of deferred Income|31.12.25<br>£<br>28,967<br>4,017<br>21,607<br>26,000<br>3,832<br>______<br>84,423<br>______<br>(1,431)<br>______<br>82,992<br>______|31.12.24<br>£<br>28,967<br>4,017<br>21,607<br>26,000<br>3,832<br>______<br>84,423<br>______<br>-<br>______<br>84,423<br>______|
|---|---|---|
||||



Restricted funds can only be used for particular restricted purposes within the objects of the CIO. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 

Clubhouse Funding Deferred income is restricted to funding the new clubhouse built in 2024 and which cost £264,423.  £84,423 was raised from the sources shown in the table above.  The balance of the cost of £180,000 has been financed by a Member’s Loan (note 7).  We are very thankful for and very appreciative of all the support we have received from Members and others without which we would not have been able to build our lovely new clubhouse.  The amount raised of £84,423 is held on the balance sheet as deferred income and is being released to income at the same rate as the clubhouse cost is being depreciated (over 59 years). 

## **10.** 

## **COMMUNITY FUND** 

The Community Fund is used to provide access to tennis coaching for adults and children who would otherwise have limited opportunity to experience the fun and enjoyment of playing tennis. In 2025 we provided coaching courses at two local schools for children with Special Educational Needs. 

## **11.** 

|**MAIN FUND RESERVES**<br>Balance brought forward<br>Movement in year<br>Balance carried forward|31.12.25<br>£<br>20,175<br>19,458<br>______<br>39,633<br>|31.12.24<br>£<br>2,652<br>17,523<br>______<br>20,175<br>|
|---|---|---|
||||



The Main Fund Reserves of £39,633 are not cash based reserves. 

To ensure that the CIO has enough cash to meet its everyday needs the Trustees have decided that it is appropriate to have a cash reserve target of an amount at least equal to 3 months of third party expenditure on Main Fund normal charitable activities. 

AA9 



## **MARLBOROUGH TENNIS CLUB CIO Registered Charity Number 1205561** 

## Year ended 31 December 2025 

## **11. MAIN FUND RESERVES – continued** 

For the year 2025 the total expenditure on normal charitable activities was £34,757 as shown in the SOFA on page AA3.   However this includes the non-cash cost of depreciation at £6,974 and the allocation of £10,800 to the Courts Replacement Sinking Fund which is not a payment to third parties and needs to be deducted.  The relevant amount is therefore £16,983. The cash reserve target of 3 months of expenditure is therefore one quarter of £16,983 ie £4,246. 

At 31 December 2025 the actual Main Fund Cash Reserve is £3,462.  This is calculated from the cash & bank balance of £91,604 on page AA4, and deducting the Designated Funds balance of £83,594, the Community Fund balance of £2,584 and the Creditors < 1 year balance of £1,964.  It is assumed that the cash from debtors may not be received on a timely basis and is therefore excluded from this calculation. 

The level of cash reserves of £3,462 at 31 December 2025 would cover 2.4 months of expenditure of the Main Fund normal charitable activities paid to third parties.  This is just under the cash reserve target of 3 months. 

The Trustees will aim to bring the Main Fund Cash Reserve up to the minimum target of 3 months by the end of 2026. 

## **12. SUMMARY OF FUND MOVEMENTS** 

|**31 December 2025**<br>Balance<br>Income<br>brought<br>forward<br>Restated<br>£<br>£<br>Main Fund<br>20,175<br>61,052<br>Lottery Fund<br>-<br>11,850<br>Sponsorship Fund<br>-<br>5,000<br>Courts Renewal Fund<br>46,400<br>-<br>Improvement Fund<br>10,583<br>1,000<br>*Community Fund<br>357<br>3,319<br>New Clubhouse Fund<br>84,423<br>-<br>_____<br>_____<br>**Total Funds 31.12.25**<br>161,937<br>82,221<br>______<br>_____<br>*restated<br>**31 December 2024**<br>£<br>£<br>Main Fund<br>2,652<br>55,376<br>Lottery Fund<br>-<br>11,870<br>Sponsorship Fund<br>-<br>12,500<br>Courts Renewal Fund<br>35,600<br>-<br>Improvement Fund<br>3,375<br>-<br>*Community Fund<br>945<br>-<br>New Clubhouse Fund<br>40,787<br>33,431<br>_____<br>_____<br>**Total Funds 31.12.24**<br>83,359<br>113,177<br><br>|Expenditure<br>£<br>(37,044)<br>(7,176)<br>588<br>10,800<br>-<br>(1,092)<br>(1,431)<br>_____<br>(35,355)<br>_____<br>£<br>(30,852)<br>(6,211)<br>(5,343)<br>10,800<br>-<br>(588)<br>(2,402)<br>_____<br>(34,596)<br>|Transfers<br>£<br>(4,550)<br>(4,674)<br>(5,588)<br>-<br>14,811<br>-<br>-<br>_____<br>-<br>_____<br>£<br>(7,000)<br>(5,659)<br>(7,157)<br>-<br>7,208<br>-<br>12,607<br>_____<br>-<br>|Gain<br>(Loss)<br>£<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>_____<br>-<br>_____<br>£<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>_____<br>-<br>|Balance<br>carried<br>forward<br>£<br>39,633<br>-<br>-<br>57,200<br>26,394<br>2,584<br>82,992<br>_____<br>208,803<br>______<br>£<br>20,175<br>-<br>-<br>46,400<br>10,583<br>357<br>84,423<br>_____<br>161,937<br>|
|---|---|---|---|---|
||||||



AA10 



## **MARLBOROUGH TENNIS CLUB CIO Registered Charity Number 1205561** 

## Year ended 31 December 2025 

## **13. SUMMARY OF FUND NET ASSETS** 

|Main<br>**31 December 2025**<br>Fund<br>£<br>Fixed Assets<br>321,465<br>Cash at banks<br>5,426<br>Other current assets<br>4,206<br>Creditors due within one year<br>(1,964)<br>Long Term Loans<br>(289,500)<br>_____<br> **Total 31.12.25**<br>39,633<br>______<br>**31 December 2024**<br>£<br>Fixed Assets<br>327,008<br>Cash at banks<br>10,353<br>Other current assets<br>4,795<br>Creditors due within one year<br>(7,482)<br>Long Term Loans<br>(314,500)<br>_____<br> **Total 31.12.24**<br>20,175<br>|Courts<br>Improvement<br>Community<br>Renewal<br>Fund<br>Fund<br>£<br>£<br>£<br>-<br>-<br>-<br>57,200<br>26,394<br>2,584<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>_____<br>_____<br>_____<br>57,200<br>26,394<br>2,584<br>_____<br>_____<br>_____<br>£<br>£<br>£<br>Restated<br>-<br>-<br>-<br>46,400<br>10,583<br>357<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>_____<br>_____<br>_____<br>46,400<br>10,583<br>357<br><br><br>|New<br>Clubhouse<br>Total<br>£<br>£<br>82,992<br>404,457<br>-<br>91,604<br>-<br>4,206<br>-<br>(1,964)<br>-<br>(289,500)<br>_____<br>_____<br>82,992<br>208,803<br>_____<br>______<br>£<br>£<br>84,423<br>411,431<br>-<br>67,693<br>-<br>4,795<br>-<br>(7,482)<br>-<br>(314,500)<br>_____<br>_____<br>84,423<br>161,937<br><br>|
|---|---|---|
||||



AA11