**Charity registration number 1206769 (England and Wales)**
## **OXFORDSHIRE LAWN TENNIS ASSOCIATION**
**ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025**
## **OXFORDSHIRE LAWN TENNIS ASSOCIATION**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
|**Trustees**|M Broadhurst||
|---|---|---|
||C Petersen||
||M T Shakespeare||
|**Charity registration**|England and Wales|1206769|
|**Principal address**|White Horse Leisure & Tennis Centre||
||Audlett Drive||
||Abingdon||
||OX14 3PJ||
|**Independent examiner**|DSA Prospect Limited||
||First Floor||
||1 Des Roches Square||
||Witan Way||
||Witney||
||OX28 4BE||
## **OXFORDSHIRE LAWN TENNIS ASSOCIATION**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' report|1 - 3|
|Statement of trustees' responsibilities|4|
|Independent examiner's report|5|
|Statement of financial activities|6|
|Balance sheet|7|
|Notes to the financial statements|8 - 14|
## **OXFORDSHIRE LAWN TENNIS ASSOCIATION**
## **TRUSTEES' REPORT**
## _**FOR THE YEAR ENDED 30 SEPTEMBER 2025**_
The trustees present their annual report and financial statements for the year ended 30 September 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)".
## **Objectives and activities**
The objective of the CIO is the promotion of community participation in healthy recreation for the benefit of the inhabitants of Oxfordshire by development, promotion, and support of tennis and padel tennis.
The charity engages in promoting, supporting, funding, advising, and guidance in tennis and padel tennis initiatives across participation, volunteering, competition, and performance. It serves children and young people, adults, senior citizens, individuals with disabilities, and other charities or voluntary organisations.
## **Achievements and performance**
_Significant activities and achievements against objectives_
## _**Participation**_
In Oxfordshire, the year ended with 63 registered tennis venues, slightly up on 2024, 185 schools engaged through LTA Youth Programmes (up 12%) and 139 accredited coaches (an extra 4 on the previous year).
Overall adult player base has grown by around a third, up from around 45,000 players to 60,000 players based on LTA reported numbers. Continued growth was noted in regular players (adults playing at least once a month has increased by a further 33% to nearly 28,000 people). However, in contrast to the national trend, there appears to be a small decline in children playing regularly (once a week), which is being closely monitored.
Growth in padel continues with additional courts openings within the year and more planned for future years.
County adult leagues also continued to grow with over 260 teams entered for Summer and over 180 teams playing in the Winter league, plus midweek leagues.
Many venues participated in the Open Court Programme across 2025, helping to open tennis to all.
## _**Engagement & Partnerships**_
The county junior performance leader together with additional volunteers increased engagement with player parents and delivered a Parents Evening to provide support and guidance for parents and guardians of junior players as they embark on their tennis journey. Feedback from parents who joined on the evening was very positive. The County expects to be running more events like this in the future.
The coaching team additionally hosted a new ‘Girls in Tennis Aspirational Day’ aimed at younger girls who were not part of 8 under performance squad but playing at least once a week in a tennis programme in Oxfordshire. This event was aimed to encourage more junior female players to play tennis and aspire to compete and enjoy the game.
The county LTA Awards working group was exceptionally busy over the year with plenty of nominations for county awards. County winners go forward to regional & national awards rounds as part of the LTA’s recognition of achievements in supporting the sport.
The county has made some positive strides forward to develop new partnerships to support tennis and padel across the county.
- 1 -
## **OXFORDSHIRE LAWN TENNIS ASSOCIATION**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2025**_
## _**Competitions & Performance**_
The county coaching team continued their stellar job in preparing juniors for all competitive events across ages 8 under through to 18 under. Positive feedback around County Training programmes continues to be received and the changes made to the structure of these programmes is bearing fruit with good results across county cup events.
We saw strong results from both our boys’ and girls’ junior teams across last year with three wins and promotions for our U18 and U12 Boys and U18 Girls and five runners up places for Boys U14, U11 and U8 and Girls U11 and U8. Thanks to all our coaches and captains for their hard work and support for our junior players.
Our major county event for Juniors, the 2025 Festival of Tennis once again attracted over 200 young players, showcasing their talent and enthusiasm, with players across every age group from 8 years to 18 years.
Looking back on 2025, our adult men’s team achieved 2nd place in the final Winter County Cup in its present form after promotion last year. The adult ladies, under new captainship continued to build a lot of team spirit and solid foundations for the coming years. On the Seniors County Cup side, the county fielded five men’s and six ladies’ teams across age groups from over 40 to over 75. A special congratulations to the men’s over 65 team for winning their group. Overall, Oxfordshire finished the County Cup Race for 2025 in 32nd place out of the 44 county and Island associations taking place.
The LTA in conjunction with County and Island Associations and all stakeholders are conducting a review during 2026 of all County Cup events to ensure the longer-term sustainability of this vital part of tennis competition.
## _**Volunteering**_
The tennis association continues to focus on recruiting and engaging new volunteers and supporters for activities and actively promote these opportunities under the ‘Get Involved’ section on the Oxfordshire Tennis website.
## **Financial review**
From a financial point of view Tennis Oxfordshire continues to show healthy reserves.
Revenue declined YOY due to less partnership income for yearend 2025, with cost adjustments made to compensate. This resulted in a significant annual reduction in the bottom-line deficit from previous year. The Trustees and management committee continue to shape and adjust activities to allow for sustainable financial position for the County.
## _Reserves policy_
The basis of the LTA requirements is that counties can hold General Reserves that do not exceed two years operational costs, based on an average of the previous 3 years, plus Reserves for Specific Projects.
- 2 -
## **OXFORDSHIRE LAWN TENNIS ASSOCIATION**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2025**_
Currently Tennis Oxfordshire have the following funding requirements, which fall under the title of Specific Projects:
1. License renewal for county courts at the White Horse Leisure & Tennis Centre (WHLTC) in Abingdon 2. Quick Access Club Loan Scheme.
WHLTC County Centre License Renewal Tennis Oxfordshire holds a 25-year licence with the Vale of White Horse Council (which expires in 2026), for use of 2 indoor & 4 outdoor courts (during specific times in the week). The license includes allocated space for storage & the County office. Tennis Oxfordshire is engaged in discussions with the Council, on plans for improvement of the outdoor playing space.
At the end of September 2025 loans balance due from clubs totalled almost £52,200. Specific reserve of up to £60,000 will be held for annual loan allocations to support clubs with facilities improvements (such as floodlights) with a view to extending court time & increase participation levels.
Oxfordshire Lawn Tennis Association Reserve Allocation as follows
· WHLTC £250,000 (minimum)
· Quick Access Loan Scheme £60,000
· General reserve to cover operating costs £105,000 (up to 1 year). Level of reserves will be reviewed periodically to ensure they reflect current requirements
## **Structure, governance and management**
The trust is a charitable incorporated organisation (CIO) incorporated on 29 January 2024. It is governed by the constitution of a Charitable Incorporated Organisation whose only voting members are its charity trustees (i.e. Foundation Model Constitution).
The trustees who served during the period and up to the date of signature of the financial statements were:
M Broadhurst (Appointed 29 January 2024)
C Petersen (Appointed 29 January 2024)
M T Shakespeare (Appointed 29 January 2024)
## _Recruitment and appointment of trustees_
Trustees' are recruited based on the skills, knowledge and experience that the Board requires to ensure that the charity is well governed. If the CIO is wound up, the members of the CIO have no liability to contribute to its assets and no personal responsibility for settling its debts and liabilities.
## _Organisational structure_
Oxford Lawn Tennis Association has been set up as a charitable incorporated organisation. It is managed by the trustees of the charity.
The trustees' report was approved by the Board of Trustees.
..............................
M T Shakespeare
## **Trustee**
Date: .............................................
- 3 -
## **OXFORDSHIRE LAWN TENNIS ASSOCIATION**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
## _**FOR THE YEAR ENDED 30 SEPTEMBER 2025**_
The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year.
In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
- 4 -
## **OXFORDSHIRE LAWN TENNIS ASSOCIATION**
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF OXFORDSHIRE LAWN TENNIS ASSOCIATION**
I report to the trustees and management committee on my examination of the financial statements of Oxfordshire Lawn Tennis Association (the charity) for the year ended 30 September 2025.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011.
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.
## **Independent examiner's statement**
Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice.
- I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act 2011.
- 2 the financial statements do not accord with those records; or
- 3 the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
## **Nicholas Philip Longford FCCA DSA Prospect Limited**
First Floor 1 Des Roches Square Witan Way Witney OX28 4BE Date: ............................27.07.2026
- 5 -
## **OXFORDSHIRE LAWN TENNIS ASSOCIATION**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## _**FOR THE YEAR ENDED 30 SEPTEMBER 2025**_
|**Unrestricted**
**Restricted**
**funds**
**funds**
**12**
**2025**
**2025**
**Notes**
**£**
**£**
**Income from:**
Charitable activities
**3**
26,477
96,336
Bank interest
**4**
8,026
-
**Total income**
34,503
96,336
**Expenditure on:**
Charitable activities
**5**
19,162
113,202
**Total expenditure**
19,162
113,202
**Net income/(expenditure)**
15,341
(16,866)
Transfers between
funds
(45,925)
45,925
**Net movement in**
**funds**
(30,584)
29,059
**Reconciliation of funds:**
Fund balances at 1 October
2024
443,770
(29,059)
**Fund balances at 30**
**September 2025**
413,186
-|**Total**
**Unrestricted**
**Restricted**
**months**
**funds**
**funds**
**8**
**2025**
**2024**
**2024**
**£**
**£**
**£**
122,813
28,191
68,124
8,026
6,089
-
130,839
34,280
68,124
132,364
20,259
99,699
132,364
20,259
99,699
(1,525)
14,021
(31,575)
-
-
-
(1,525)
14,021
(31,575)
414,711
429,749
2,516
413,186
443,770
(29,059)|**Total**
**months**
**2024**
**£**
96,315
6,089
102,404
119,958
119,958
(17,554)
-
(17,554)
432,265
414,711|
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
- 6 -
## **OXFORDSHIRE LAWN TENNIS ASSOCIATION**
## **BALANCE SHEET**
## _**AS AT 30 SEPTEMBER 2025**_
|**Notes**
**Fixed assets**
Deferred assets
**7**
Tangible assets
**8**
**Current assets**
Debtors falling due after one year
**9**
Debtors falling due within one year
**9**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**10**
Net current assets
**Total assets less current liabilities**
**The funds of the charity**
Restricted income funds
**11**
Unrestricted funds|**2025**
**£**
39,000
23,987
389,331
452,318
52,225|**£**
12,408
685
13,093
400,093
413,186
-
413,186
413,186|**2024**
**£**
51,000
42,946
350,020
443,966
50,523|**£**
20,681
587
21,268
393,443
414,711
(29,059)
443,770
414,711|
|---|---|---|---|---|
The financial statements were approved by the trustees on .........................
.............................. M T Shakespeare **Trustee**
- 7 -
**OXFORDSHIRE LAWN TENNIS ASSOCIATION**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 30 SEPTEMBER 2025**_
## **1 Accounting policies**
## **Charity information**
Oxford Lawn Tennis Association has been set up as a charitable company limited by guarantee. It is managed by the trustees'
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the Charity's governing document, the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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). The is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
## **1.4 Income**
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised when received. Other donations are recognised once the charity has been formally notified of the donation, unless any performance-related conditions require the income to be deferred. Income is recognised when the charity is entitled to the funds, it is probable that the income will be received, and the amount can be measured reliably.
- 8 -
## **OXFORDSHIRE LAWN TENNIS ASSOCIATION**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2025**_
## **1 Accounting policies**
**(Continued)**
## **1.5 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources.
## **1.6 Deferred assets**
The Oxfordshire LTA committed £200,000 plus legal fees of £6,814 to help construction of the Leisure and Tennis Centre in Abingdon. In return for this the Oxfordshire LTA have received use of the facilities for 25 years from the date of completion of the project in the spring 2002.
Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Deferred assets 25 years
## **1.7 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures and fittings 30% Reducing Balance Computers 30% 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 is recognised in the statement of financial activities.
## **1.8 Impairment of fixed assets**
At each reporting end date, the charity reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
## **1.9 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
- 9 -
**OXFORDSHIRE LAWN TENNIS ASSOCIATION**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2025**_
## **1 Accounting policies**
## **(Continued)**
## **1.10 Financial instruments**
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, 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 asset and settle the liability simultaneously.
## _**Basic financial assets**_
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective 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 receivable within one year are not amortised.
## _**Basic financial liabilities**_
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
## _**Derecognition of financial liabilities**_
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
## **2 Critical accounting estimates and judgements**
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
- 10 -
## **OXFORDSHIRE LAWN TENNIS ASSOCIATION**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2025**_
## **3 Income from charitable activities**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**£**
**£**
LTA funding
-
64,376
Competitions
-
17,640
Tennis courts
26,477
-
County training income
-
14,320
26,477
96,336|**Total**
**2025**
**£**
64,376
17,640
26,477
14,320|
|---|---|
||122,813|
## **4 Income from investments**
|||**Unrestricted**|
|---|---|---|
|||**funds**|
|||**2025**|
|||**£**|
||Bank interest|8,026|
|**5**|**Expenditure on charitable activities**||
|||**Total**|
|||**2025**|
|||**£**|
||Depreciation and impairment|8,574|
||LTA Registration/Affiliation|200|
||Competitions (Junior & Adult)|69,857|
||County courts costs|3,292|
||Open Court & EDI|2,800|
||County training|24,104|
||Communications and marketing|8,924|
||Events/awards/volunteers|1,406|
||Clubs, schools and coach support|5,911|
||Other|1,001|
||Professional services|4,770|
||Corporation Tax|1,525|
|||132,364|
||**Analysis by fund**||
||Unrestricted funds|19,162|
||Restricted funds|113,202|
|||132,364|
- 11 -
## **OXFORDSHIRE LAWN TENNIS ASSOCIATION**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2025**_
## **6 Trustees**
None of the trustees received any remuneration or benefits for their services as trustees during the year. All trustees acted in a voluntary capacity.
During the year, payments were made to individuals connected with trustees in the normal course of the charity’s activities. These individuals provided services as county team captains, coaches, and LTA-accredited officials at county and LTA-sanctioned events.
All payments were made in accordance with the charity’s standard county expense policy and approved captains’ and officials’ rates. The transactions were carried out on an arm’s length basis and were not connected to the individuals’ relationship with the trustees.
## **7 Deferred assets**
|**Cost**
At 1 October 2024 and 30 September 2025
**Amortisation and impairment**
At 1 October 2024
Amortisation charged for the year
At 30 September 2025
**Carrying amount**
At 30 September 2025
At 30 September 2024|**Deferred**
**assets**
**£**
206,814|
|---|---|
||186,133
8,273|
||194,406|
||12,408|
||20,681|
## **8 Tangible fixed assets**
|**Fixtures and**
**fittings**
**Computers**
**£**
**£**
**Cost**
At 1 October 2024
20,292
9,904
At 30 September 2025
20,292
9,904
**Depreciation and impairment**
At 1 October 2024
19,313
9,897
Depreciation charged in the year
294
7
At 30 September 2025
19,607
9,904
**Carrying amount**
At 30 September 2025
685
-
At 30 September 2024
579
8|**Total**
**£**
30,196|
|---|---|
||30,196|
||29,210
301|
||29,511|
||685|
||587|
- 12 -
## **OXFORDSHIRE LAWN TENNIS ASSOCIATION**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2025**_
|**8**
**Tangible fixed assets**
**9**
**Debtors**
**Amounts falling due within one year:**
Trade debtors
Club loans
Prepayments and accrued income
**Amounts falling due after more than one year:**
Club loans
**Total debtors**
**10**
**Creditors: amounts falling due within one year**
Corporation tax payable
Payments received on account
Trade creditors
Other creditors
Accruals and deferred income|**(Continued)**
**2025**
**2024**
**£**
**£**
7,028
21,347
13,200
15,867
3,759
5,732
23,987
42,946
**2025**
**2024**
**£**
**£**
39,000
51,000
62,987
93,946
**2025**
**2024**
**£**
**£**
1,525
1,744
26,519
19,843
4,670
9,652
30
1,174
19,481
18,110
52,225
50,523|**(Continued)**
**2025**
**2024**
**£**
**£**
7,028
21,347
13,200
15,867
3,759
5,732
23,987
42,946
**2025**
**2024**
**£**
**£**
39,000
51,000
62,987
93,946
**2025**
**2024**
**£**
**£**
1,525
1,744
26,519
19,843
4,670
9,652
30
1,174
19,481
18,110
52,225
50,523|
|---|---|---|
|||42,946|
|||**2024**
**£**
51,000|
|||93,946|
|||**2024**
**£**
1,744
19,843
9,652
1,174
18,110|
|||50,523|
## **11 Restricted funds**
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
|**At**|**1**|**October**|**Incoming**|**Resources**|**Transfers**|**At 30**|
|---|---|---|---|---|---|---|
|||**2024**|**resources**|**expended**||**September**|
|||||||**2025**|
|||**£**|**£**|**£**|**£**|**£**|
|||(29,059)|96,336|(113,202)|45,925|-|
Restricted funds relate to core activities mandated by the LTA (Tennis National Governing Body), which require county associations to comply with their mandated funding model obligations. Shortfall in LTA funding income (resulting in net shortfall due to core activity spend) within restricted funds, are covered by unrestricted funds generated by other charitable activities.
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## **OXFORDSHIRE LAWN TENNIS ASSOCIATION**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2025**_
## **12 Unrestricted 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 been set aside out of unrestricted funds by the trustees for specific purposes.
||**At**|**1**|**October**|**Incoming**|**Resources**|**Transfers**|**At 30**|
|---|---|---|---|---|---|---|---|
||||**2024**|**resources**|**expended**||**September**|
||||||||**2025**|
||||**£**|**£**|**£**|**£**|**£**|
|General funds|||443,770|34,503|(19,162)|(45,925)|413,186|
## **13 Analysis of net assets between funds**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**£**
**£**
**At 30 September 2025:**
Intangible fixed assets
12,408
-
Tangible assets
685
-
Current assets/(liabilities)
400,093
-
413,186
-
**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2024**
**£**
**£**
**At 30 September 2024:**
Intangible fixed assets
20,681
-
Tangible assets
587
-
Current assets/(liabilities)
422,502
(29,059)
443,770
(29,059)|**Total**
**2025**
**£**
12,408
685
400,093|
|---|---|
||413,186|
||**Total**
**2024**
**£**
20,681
587
393,443|
||414,711|
## **14 Related party transactions**
There were no disclosable related party transactions during the year (2024 - none).
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