## **Trustees’ Annual Report for the period**
**From 22[nd] May 2024**
**To 31[st] March 2025**
## **Charity name: Middlesex Tennis**
## **Charity registration number: 1208360**
## **Objectives and Activities**
|**Objectives and Activities**|||
|---|---|---|
||SORP
reference||
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The object of Middlesex Tennis is the promotion
of community participation in healthy, safe and
inclusive recreation by the development and
support of sport (primarily being tennis and
padel) in the London boroughs of Richmond
Upon Thames (part of), Hounslow, Hillingdon,
Ealing, Harrow, Brent, Hammersmith & Fulham,
Kensington & Chelsea, City of Westminster,
Camden, Barnet, City of London, Islington,
Haringey, Hackney, Enfield and Tower Hamlets
(part of) for the benefit of the inhabitants of the
area.
Our vision statement is ‘Tennis Opened Up in
Middlesex’.
Our mission is ‘To support, promote and drive
tennis and padel in Middlesex, ensuring it is
safe, enjoyable, accessible and welcoming’.|
|Summary of the main activities
in relation to those purposes
for the public benefit, in
particular, the activities,
projects or services identified
in the accounts.|Para 1.17 and
1.19|Our overall Strategic Aim is to drive the Mission
through 7 workstreams:
•
Performance
•
Competition
•
Governance and Finance
•
Equality, Diversity and Inclusion
•
Engagement and Communication
•
Workforce
•
Environmental Sustainability
The main activities in relation to public benefit
are:
To implement a performance training and
support environment to produce top level
players and county winning teams:
•
Deliver a range of county training
sessions for all junior age groups to
ensure optimal performance by our
county teams.|
|•|Provide a Performance Tennis|
|---|---|
||Foundation to support eligible players|
||with grants and equipment.|
|•|Maintain and evolve the annual|
||opportunity for 200-250 players to|
||participate regularly in county training|
|•|Develop key elements of a performance|
||support programme, including fitness|
||and psychology support.|
|To maintain and develop the base of 10,000||
|competitive players by ensuring the Middlesex||
|competition structure remains relevant,||
|compelling and accessible:||
|•|Develop a flagship County|
||Championships accessible to all tennis|
||and padel players.|
|•|Continue to work in partnership with|
||Surrey Tennis and other potential|
||county partners to stage diversity and|
||inclusion events as part of the County|
||Championships.|
|•|Constantly review and evolve|
||Middlesex Leagues and Team|
||Competitions.|
|To maintain the highest standards of||
|governance and financial viability across all||
|work within the charity:||
|•|Ensure 100% compliance with|
||requirements in the LTA County|
||Governance Framework.|
|•|Submit annual accounts and Trustee|
||reports to the Charity Commission.|
|•|Establish a rolling 3-year financial|
||forecast for all income updated 6-|
||monthly.|
|•|Hold an annual review of the Middlesex|
||Loans Policy.|
|To provide safe and progressive solutions to||
|ensure people who participate in Middlesex||
|Tennis are welcomed and represent the||
|communities of North and West London:||
|•|Identify and support a network of at|
||least 40 Middlesex venues (our clubs|
||and parks) to provide an inclusive offer|
||to attract and sustain a new range of|
||players, coaches, volunteers, and|
||officials into our sport.|
|•|Deploy four Inclusion Mentors to|
||support Middlesex venues in their|
||development of their inclusive offers.|
|•|Support up to 3 existing disability and|
||inclusion tennis/padel programmes|
||each year by providing a grant of up to|
||£1,500 through the John James|
||Disability Inclusion Award.|
|•|Provide a range of Inclusion|
||Awards/Grants of £500 to support|
||venues starting out on their inclusion|
||journey.|
|•|Develop and launch a London borough|
||flagship project in Hammersmith and|
||Fulham, andKensingtonand Chelsea|
||in partnership with the Queen’s Club|
|---|---|
||Foundation.|
|To connect and communicate with our key||
|stakeholders (players/parents, coaches,||
|volunteers, venues and partners) to support,||
|motivate and develop their involvement in our||
|sports:||
|•|Continue to raise the profile of|
||Middlesex Tennis with existing|
||stakeholders and extend the reach and|
||impact of Middlesex Tennis to a wider|
||audience.|
|•|Seek out feedback from our tennis and|
||padel communities to inform our|
||strategy and programmes.|
|•|Streamline our communications and|
||ensure the right people are receiving|
||relevant and useful information.|
|•|Strive to professionalise all our events|
||and provide opportunity for networking|
||and debate.|
|To grow, upskill and sustain our workforce of||
|volunteers, coaches, young people, and officials||
|to provide opportunities to safely participate in||
|and enjoy our great sports:||
|•|Focus on the strength, depth, diversity|
||and achievements of our volunteer|
||workforce.|
|•|Support coaches to thrive in their|
||venues and other settings such as|
||parks, schools and youth clubs.|
|•|Stage venue support events to|
||empower venues to operate more|
||efficiently and share best practice.|
|•|Stage an annual Coaching Conference|
||with speakers who are world leaders in|
||their respective fields.|
|•|Operate with the County Safeguarding|
||Officer to support a network of LTA|
||Welfare Officers with advice and|
||guidance to assist in making their|
||venues safe, secure and accessible to|
||all.|
|Work in|partnership with the LTA and other|
|partners to outline and provide support for a||
|range of approaches venues can take to||
|operate|more sustainably:|
|•|Commit to change and take part in our|
||‘2025 Sustainability Pledges’ to take|
||four actions as their first steps in 2025.|
|•|Pledge to take baseline measurements|
||of electricity, water, gas, and tennis ball|
||usage in 2024, so that we can build an|
||understanding of the impact of our|
||venues and how these figures can be|
||improved.|
|•|Pledge to reduce their venue’s impact|
||by addressing energy use, waste|
||management and sustainable travel.|
|Statement confirming whether
the trustees have had regard
to the guidance issued by the
Charity Commission on public
benefit|Para 1.18|The trustees have had regard to Charity
Commission guidance on public benefit and
consider that the objectives, aims and
achievements of ‘Middlesex Tennis’ described
in the report enable it to meet its duty to the
Charity Commission as per section 17 of the
Charities Act 2011, and to the benefit of the
public.|
|---|---|---|
## **Additional information (optional)** You may choose to include further statements where relevant about:
||SORP
reference||
|---|---|---|
|Policy on grant making|Para 1.38|The charity makes a range of financial awards
and grants to deliver its strategy and achieve its
charitable aims and objectives:
**Performance Foundation**– In March 2025, the
trustees agreed to launch the ‘Middlesex Tennis
Performance Foundation’, a significant step
forward in our objective to support high potential
players on their journey to national and
international tennis success.
The budget is £30,000 per annum for an initial
3-year period.
Awards will be available for the following:
•
Junior players aged 12 and under
through to 18 and under – who are
already competing at Regional and
National level.
•
Young Adults who are competing at
international level.
•
Disability and Inclusive Tennis Athletes
(all ages).
An ‘early’ award of £1500 was made early in
December 2024 to enable a player to compete
in the Intellectual Impairment event at the
Australian Open in January 2025.
The first application window for the Performance
Foundation will close in October 2025.
**John James Award**– In partnership with the
Dan Maskell Tennis Trust, Middlesex Tennis
supports up to 3 existing tennis/padel projects
or programmes each year with an award of up
to £1,500. The awards are provided to projects
or programmes who are already delivering
pioneering and innovative inclusive tennis/padel
projects with priority given to projects or
programmes for disabled people from different
backgrounds - especially for women, LGBTQ+,
low socio-economic groups, and ethnically
diverse groups.
The first awards were presented in March 2025.
**Inclusion Awards/Grants**- In 2024/25 a
budget allocation of £20,000 was allocated to
identifying and supporting a network of
Middlesex venues to provide an inclusive offer|
|||to attract and sustain a new range of players,
coaches, volunteers, and officials into our
sports.
In many cases this is matched by an ‘Open
Court’ grant from the Lawn Tennis Association.
**The Queen’s Club Foundation Partnership –**
In January 2025, the trustees agreed to invest
£45,000 over a 3-year period into the ‘Hotspots
Programme’, developed in partnership with the
Queen’s Club Foundation. The objective is to
set up 5 tennis/padel ‘hubs’ to serve vulnerable
communities - with the first hub for visually
impaired people set to launch in July 2025. The
hubs will provide a sustainable year-round
activity programme for target communities and
create a blueprint for other partners to follow
elsewhere in London and across the UK.|
|---|---|---|
|Policy on social investment
including program related
investment|Para 1.38|Middlesex Tennis does not have a formal social
investment policy, but it does invest significantly
in a range of activities that promote tennis in our
communities. These include:
•
The Performance Foundation
•
The John James Awards
•
The Queen’s Club Foundation – Hot
Spots Partnership
•
Our Inclusion Awards/Grants
•
Our investment into the Middlesex
Tennis ‘Green Team’ to produce the
Sustainability strategy.
•
Interest free venue loans scheme for
member clubs/venues to support
Middlesex venues to grow tennis and/or
padel in Middlesex through capital
development, including the upgrading of
existing facilities, particularly to make
the venue more sustainable, accessible
and/or to increase participation.
`o`
From May 2024 – March 2025,
the charity made 3 loans
totalling £75,000. It also
continued to accept the
repayments of 15 loans
acquired from the assets of the
association prior to it becoming
a charity.|
|Contribution made by
volunteers|Para 1.38|The charity is managed by a Board of 9
volunteer Trustees. 3 members hold the
positions Chair of the Board of Trustees,
Secretary, and Finance Lead. The remaining
Trustees all lead on areas where they have
experience, expertise, and an interest.
Collectively, the Board is responsible for the
strategic direction of the charity.
Additionally, there are 9 sub-committees known
as ‘Advisory Groups’, on which each Trustee
serves on at least one.|
|||Middlesex Tennis has a volunteer pathway that
can lead to a Trustee Board position via a
transparent recruitment process.
Middlesex Tennis has a diverse board of 5
females and 4 males.
The Middlesex Chair of Trustees represents the
Charity on the Lawn Tennis Association
Council.
This Council recognised Middlesex Tennis with
the ‘Organisation of the Year’ Award in
December 2024.
The Middlesex Chair of Trustees also chairs the
Area Volunteer Forum – 3 meetings a year –
where volunteers from London and the
southeast share best practice and problem
solve.
Middlesex Tennis also has a small professional
team consisting of 3 part-time staff and 2 full-
time members of staff. This is the equivalent
of 3.7 full-time employed staff.
The work of the Board of Trustees and
professional staff is enhanced by the hundreds
of volunteers who lead and manage individual
clubs, community venues and parks within the
county, and those who provide support as
officials.
These volunteers are recognised through a
Middlesex Tennis event during National
Volunteer Week, and via the LTA/Middlesex
Awards, where volunteers can be nominated by
their club/venue members.
The charity holds an annual awards event each
year to recognise and celebrate the winners’
contributions and achievements.
Volunteers are provided with ongoing support
throughout the year, including:
•
The Middlesex Memo (weekly
newsletter, sharing best practice,
communicating events etc).
•
Volunteer support events including
online and in person forums, and an
expansive AGM.
•
1-2-1 support from the Middlesex
Tennis Team.
•
Sharing best practice at events, and on
the website.
•
Recognition events as mentioned
above.
The LTA supports a network of Young Person
Welfare Ambassadors, and our Safeguarding
Officer provides support for them at a local
level.|
|---|---|---|
|Other||N/A|
## **Achievements and Performance**
||SORP
reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to the
circumstances of its
beneficiaries and any wider
benefits to society as a whole.|Para 1.20|**Participation**
The number of adults playing tennis each year
within Middlesex saw a 21% increase in 2024,
rising to 648,547 and a 27% increase in adults
playing tennis once a month which rose to
356,262. There was also a 14% increase in 2024
with a total of 66,901 children playing once a
week.
Middlesex Tennis also supports the LTA in the
delivery of the LTA Open Court programme,
which actively promotes and delivers
opportunities for disabled people to get involved
in tennis and padel. The number of venues in
Middlesex delivering this programme increased
by 7% to 30.
We pursue the work of the Charity through 7
workstreams:
**Performance**
Middlesex Tennis operates a performance
support programme which involves and includes
250 players aged 7 to 18. It has provided regular
training opportunities for those players selected
through both competition and talent identification.
Progression through the pathway into regional
and national training (key performance indicators)
is demonstrated through the following two
initiatives with Middlesex Tennis as the national
leading provider of players:
•
The aged 10 and under training pathway
which is closely linked to National Player
performance pathway with 35 players in
2025 selected to attend the LTA Regional
Training Camp Programme, which then
opens the opportunity for selection as
part of the Inter Regional and National
Training opportunities
•
For the age group 11 and under to 14
and under, 31 players were selected for
the LTA Regional Training Centre
programme.
This programme allows players to access heavily
subsidised programmes, thus alleviating some of
the financial pressures faced by families looking
to progress through the pathway.
2024/25 saw 26 Middlesex representative teams
competing across the structured and organised
LTA County Cup competitions, aimed at Junior,
Adult and Senior teams, spanning an age range
of 7 through to 75+. Over 170 players were
involved in these performance team competitions|
|across the reporting period with National title|
|---|
|successes achieved as follows:|
|•
Men’s age 65+|
|•
Women’s 50+|
|•
Women’s 40+|
|•
Girls 12 and under|
|•
Girls 11u|
|•
Boys 10u|
|•
Girls 10u|
|•
Boys 9u|
|•
Girls 9u|
|As a result of these very strong performance|
|Middlesex Tennis achieved 2ndplace as part of|
|the LTA County Cup Race Leader Board.|
|**Competition**|
|Competition forms the bedrock of the Middlesex|
|Tennis offer to its member venues and players|
|through the staging of a comprehensive league|
|structure which is open to over 12,000 players|
|who have recorded results in 2024/25 both in|
|Winter and Summer leagues.|
|The Middlesex Tennis league competitions are|
|open to junior, adult and senior teams and are|
|fully inclusive to players who have SEN|
|requirements or are disabled.|
|107 registered competition venues have|
|participated in the Middlesex league, making it|
|the largest team-based structure across the|
|United Kingdom.|
|Middlesex Tennis stages an annual County|
|Championship with 303 competitors in 2024.|
|As part of these championships learning and|
|disability events have been very well represented|
|across the following categories:|
|•
Para standing (18 players)|
|•
Learning disability (14 players)|
|A key success of the aforementioned events, saw|
|disabled and able-bodied athletes competing side|
|by side which was both motivational and|
|inspirational to everyone involved and reinforced|
|the inclusion and competition strategic aims of|
|Middlesex Tennis.|
|In 2024 Middlesex Tennis supported two|
|additional tournaments open to players with|
|learning and SEN. These events illustrate the|
|commitment of Middlesex Tennis in supporting|
|competition growth and development through the|
|area of inclusion and disability.|
|•
In July, Mayfield TC, supported by|
|Middlesex Tennis, organised and ran a|
|very successful learning disability|
|tournament with 31 participants, which|
|included individuals with cerebral palsy,|
|autism, and Down’s syndrome -a unique|
|event which is growing year by year.|
|•
In September, Thistleworth TC (West|
|London) staged a Down’s syndrome|
|event for juniors, all of whom had an|
|incredible day of fun games, skill|
|---|
|development and competition suited to|
|their age and stage.|
|**Governance and Finance**|
|In March 2025, we successfully completed the|
|LTA’s Governance framework. LTA colleagues|
|will review our continued commitment and|
|compliance to the framework every 3 years, with|
|the next review due in 2028.|
|**Equality, Diversity and Inclusion**|
|The Queen’s Club Foundation Hotspots - The|
|Middlesex Tennis Board of Trustees made a firm|
|commitment of £15,000 to the Queen’s Club|
|Foundation for the 2024/25 financial year. The|
|objective is to set up 5 tennis/padel ‘hubs’ to|
|serve vulnerable communities and will provide a|
|sustainable year-round activity programme for|
|target communities and create a blueprint for|
|other partners to follow elsewhere in London and|
|across the UK.|
|John James Award - Supported 3 existing|
|tennis/padel projects or programmes with an|
|award of £1,500 each. The first awards were|
|presented in March 2025, with 3 scheduled|
|payments to be made from April 2025 subject to|
|meeting conditions. The awards enable projects|
|or programmes who are already delivering|
|pioneering and innovative inclusive tennis/padel|
|projects to enhance their offer or to add|
|increased financial sustainability. Priority for the|
|awards are given to projects or programmes for|
|disabled people from different backgrounds -|
|especially for women, LGBTQ+, low socio-|
|economic groups, and ethnically diverse groups.|
|Inclusion Mentors - Middlesex Tennis recruited|
|and funded the work of 4 Inclusion Mentors who|
|provided expert support to Middlesex Tennis|
|venues, helping them to deliver inclusive offers|
|that reflect and serve their communities. Through|
|hands-on guidance from developing inclusive|
|sessions and adapting facilities, to supporting|
|coach education and inclusive club practices.|
|Inclusion Mentors help clubs to grow as places|
|where everyone feels recognised and supported.|
|**Engagement and Communication**|
|Middlesex Tennis connects and communicates|
|with our key stakeholders (players/parents,|
|coaches, volunteers, venues and partners) to|
|support, motivate and develop their involvement|
|in our sports by the following communication|
|methods:|
|•
Website|
|•
Middlesex Memo - Weekly newsletter via|
|email|
|`o`
May 2024 = Subscribers -1,772,|
|open rate - 59%, clicks – 2%|
|`o`
March 2025 = Subscribers -|
|2,108, open rate – 61%, clicks –|
|4%|
|`o`
19% growth from May 2024 to|
|---|
|March 2025|
|•
Social Media|
|`o`
Facebook – 652 followers, 162|
|posts across year|
|`o`
Instagram – 3,051 followers, 144|
|posts across year|
|`o`
X/Twitter – 1,303 followers, 139|
|posts across year|
|`o`
LinkedIn – 221 followers|
|**Workforce**|
|As well as driving strategic aims through its board|
|of trustees and professional staff, Middlesex|
|Tennis relies on and supports its ‘tennis family’|
|which includes coaches, volunteers and officials.|
|It seeks to engage with this community through|
|the staging of events, workshops and moments of|
|celebration which brings this vast group of people|
|ever closer together.|
|There are currently 681 registered and accredited|
|coaches operating across Middlesex. The role of|
|the county is to support and further develop the|
|coaching workforce to be better equipped to|
|deliver programmes and initiatives to all core|
|groups of tennis participants and competitors.|
|Working in conjunction with U Coach (LTA|
|Workforce Development Centre), the following|
|programme of qualifications and CPD have been|
|delivered across Middlesex:|
|•
16 LTA Assistant courses|
|•
4 LTA Instructor courses|
|•
2 LTA Coach courses|
|•
19 Tennis CPD events|
|•
2 Padel Instructor courses|
|2025 also saw the launch of our Tennis Leaders|
|programme which has the aim of recruiting young|
|coaches and to address the shortfall of coaches|
|needed to deliver programmes at the coal face.|
|A number of events were organised throughout|
|the year aimed at engaging, supporting and|
|recognising our officials and volunteers.|
|Highlights included:|
- Celebrating Summer League teams event (Ealing LTC in January 2025)
- • Middlesex/LTA Tennis Awards evening (The Queen’s Club in March 2025) – with 140 people gathering at The Queen’s Club to recognise the vast number of achievements and contributions within Middlesex Tennis.
As part of the Middlesex/LTA awards process a number of recognised individuals were recommended to the national awards panel of the LTA. These included:
- Gham Patel (Performance Coach of the Year)
- Anne Nicholls (Cathie Sabin Volunteer of the Year)
- • Mayfield TC (Competition of the Year)
- The Queens Club Foundation (Tennis Opened Up Award)
- • Kings College London (University of the Year)
- • David Nana (Young Person of the Year). David was also named as the National Young Person of the Year.
**Environmental Sustainability** In 2024/25 the Middlesex Tennis ‘Green Team’ created the first ever County Tennis Sustainability Strategy supporting our parks and venues to take action around sustainable travel, recycling, and energy provision. The strategy has been used as a blueprint to encourage other tennis associations to act.
|**Additional information (optional)**
You may choose to include further statements|**Additional information (optional)**
You may choose to include further statements|where relevant about:|
|---|---|---|
|Achievements against
objectives set|Para 1.41|The charity published the Middlesex Tennis
Strategy 2024 - 2027 in 2024 – and this is
shared on our website - Our Aims-Middlesex
Tennis
A detailed Strategy Tracker is completed on a
quarterly basis and monitored by the Board of
Trustees. The Strategy Tracker is shared and
reported on at each Board meeting. A larger
tracker is also used to monitor progress on
‘business as usual’ items.|
|Performance of fundraising
activities against objectives set|Para 1.41|The performance of fundraising activities has
been excellent. Total annual fundraising
amounts have increased in each of the last two
years:
•
Total funds raised in the period 1st
February 2023 to 31stJanuary 2024 =
£342,400
•
Total funds raised in the period 1st
February 2024 to 31stJanuary 2025 =
£473,280|
|Investment performance
against objectives|Para 1.41||
|Other||N/A|
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s financial
position at the end of the
period|Para 1.21|The total income of the charity for the year was
£744,721 against total expenditure of £198,607.
All expenditure was in line with the key
objectives of the charity. During the year, the
charity made a surplus of £546,115, this
included a one-off donation of £298,453 from
Middlesex County Lawn Tennis Association.
The charity is in good financial health; the
Trustees consider that its related income and
accumulated funds are sufficient to fulfil its day-
to-day objectives. In the opinion of the trustees
there are adequate resources available to meet
the foreseeable obligations of the charity. The
trustees confirm that the major risks to which
the charity is exposed, as identified by them,
have been reviewed and systems have been
established to mitigate those risks.|
|Statement explaining the policy
for holding reserves stating
why they are held|Para 1.22|The Middlesex Tennis Reserves and Loans
Policy was approved at the board meeting on
17 January 2024.
The policy states: ‘Our reserves are generally
intended for future unexpected need, or to
pursue an opportunity in line with our purposes’.
Covid 19 created an unexpected need for
Middlesex Tennis, costing us an estimated
£255,000.
The LTA – the governing body for tennis and
padel and a significant grant provider for us,
recommends that we hold up to a maximum of
2 years operating costs in reserves.
Middlesex, therefore, aspire to hold no more
than 2 years operating costs in reserve.
Our policy also states: ‘On the assumption that
in the short to medium term (the next 3 years)
we maintain our reserves at £600,000 or above,
we allocate half of our reserves to interest free
venue (club) loans for facility enhancement’.
‘In addition to the use of our reserves for loans,
we maintain an agile approach to allow the
county to pursue an opportunity in line with our
purposes. This might be for an investment in
indoor courts or padel courts for example’.|
|Amount of reserves held|Para 1.22|Total reserves as of 31 March were £546,114,
including £222,386 in the Club loans designated
fund.|
|Reasons for holding zero
reserves|Para 1.22|N/A|
|Details of fund materially in
deficit|Para 1.24|N/A|
|Explanation of any
uncertainties about the charity
continuing as a going concern|Para 1.23|N/A|
|**Additional information (optional)**
You may choose to include further statements|**Additional information (optional)**
You may choose to include further statements|where relevant about:|
|---|---|---|
|The charity’s principal sources
of funds (including any
fundraising)|Para 1.47|The principal sources of funding are:
•
Revenue raised from corporate
sponsorship agreements
•
An annual grant from the Lawn Tennis
Association.|
|Investment policy and
objectives including any social
investment policy adopted|Para 1.46||
|A description of the principal
risks facing the charity|Para 1.46|The principal risks facing the charity are:
•
The sole reliance on 2 funding streams
that are controlled by the Lawn Tennis
Association and the All England Lawn
Tennis Club.
•
The consequent lack of diversity of
fundraising activities.
•
A relatively high number of staff on
permanent contracts if income levels
fall.|
|Other|||
## **Structure, Governance and Management**
|Description of charity’s trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|The charity operates as a Charitable
Incorporated Organisation and its constitution is
available on theMiddlesex Tennis website-
Constitution|
|How is the charity constituted?|Para 1.25|The charity operates as a Charitable
Incorporated Organisation.|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of any
person or body entitled to
appoint one or more trustees|Para 1.25|The charity is managed by a Board of Trustees.
There are 9 Trustees that make up the Board,
and all operate as volunteers. 3 members hold
the positions Chair of the Board of Trustees,
Secretary, and Finance Lead and the remaining
Trustees all lead on areas where they have
experience, expertise, and an interest.
The first charity trustees (9 trustees) are named
in the Constitution.
At the third annual general meeting of the
members of Middlesex Tennis, and on each
third annual general meeting thereafter (each, a
‘Trustee Appointment AGM’), all the Charity
Trustees shall retire from office. The vacancies
arising shall be filled by the decision of the
members at the Trustee Appointment AGM in
line with the charity’s constitution.
The members or the Charity Trustees may at
any time decide to appoint a new charity
trustee, whether in place of a charity trustee
who has retired or been removed or as an
additional charity trustee, provided that the limit
on the number of charity trustees would not
exceed 12 or go below the minimum of 5.
Middlesex Tennis has a volunteer pathway that
can lead to a Trustee Board position via a
transparent recruitment process.
All Trustees are required to agree in writing to
act as trustees of Middlesex Tennis.|
|**Additional information (optional)**
You may choose to include further statements|**Additional information (optional)**
You may choose to include further statements|where relevant about:|
|---|---|---|
|Policies and procedures
adopted for the induction and
training of trustees|Para 1.51|There is an induction programme in place for
new trustees that include a skills audit and
compulsory training in safeguarding, and a
programme of continuous learning and
development.|
|The charity’s organisational
structure and any wider
network with which the charity
works|Para 1.51|9 Trustees make up the Board. 3 members hold
the positions of Chair of the Board of Trustees,
Secretary, and Finance Lead, and the
remaining Trustees all lead on areas where they
have experience, expertise, and an interest.
Additionally, there are 9 sub-committees known
as ‘Advisory Groups’:
•
Finance and Governance
•
Marketing and Communications
•
Competitions
•
Equity, Diversity and Inclusion|
|||•
Performance
•
Venue Support
•
Safeguarding
•
Sponsorship
•
Coaching
Middlesex Tennis also has a small professional
team consisting of 3 part-time staff and 2 full-
time members of staff. This is the equivalent
of 3.7 full-time employed staff.|
|---|---|---|
|Relationship with any related
parties|Para 1.51|Middlesex Tennis is part of a coordinated
network of county tennis associations that are
supported by the Lawn Tennis Association,
which is the governing body of the sport in the
UK.
There is 2-way communication, which is
primarily executed by the role of the LTA
Middlesex councillor who attends quarterly
meetings and who is the conduit for the 2-way
communications.|
|Other||N/A|
## **Reference and Administrative details**
|Charity name|Middlesex Tennis|
|---|---|
|Other name the charity uses|N/A|
|Registered charity number|1208360|
|Charity’s principal address|Middlesex Tennis, Gunnersbury Triangle Club, Triangle Way,
London, W3 8LN|
## **Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for**
**whole year**|**Name of person (or body)**
**entitled to appoint trustee (if**
**any)**|
|---|---|---|---|---|
||Phil Veasey|Chair|22/05/2024 - to present||
||Hilary Watts|Secretary|22/05/2024 - to present||
||Michelle Barber|Finance Lead|22/05/2024 - 22/05/2025
(resigned)||
||Joan Major||22/05/2024 - 31/07/2024
(resigned)||
||Mark Keothavong||22/05/2024 - to present||
||Karen Shepley||22/05/2024 - to present||
||Matt Robinson||22/05/2024 - to present||
||John Love||22/05/2024 - to present||
||Desiree Fields||22/05/2024 - to present||
||Anne Nicholls||12/03/2025 - to present||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
## **Corporate trustees – names of the directors at the date the report was approved**
**Director name**
## **Name of trustees holding title to property belonging to the charity**
|**Trustee name**|**Dates acted if not for whole**
**year**||
|---|---|---|
|**N/A**|||
||||
||||
||||
||||
||||
## **Funds held as custodian trustees on behalf of others**
Description of the assets held None in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
|**Type of**
**adviser**|**Name**|**Address**|
|---|---|---|
||||
||||
||||
||||
## **Name of chief executive or names of senior staff members (Optional information)**
Andrew Lewandowski – Middlesex Tennis Manager Katie Birtwistle – Middlesex Tennis Operations Manager
## **Exemptions from disclosure**
## Reason for non-disclosure of key personnel details
## **Other optional information**
## **Declarations**
**The trustees decare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees:**
|**Signature(s)**
**Full name(s)**
**Position (e.g. Secretary, Chair,**
**etc)**
**Date**|||
|---|---|---|
||**Phil Veasey**|**Hilary Watts**|
||**Chair**|**Secretary**|
||**20th January 2026**||
Charity registration number 1208360 IEngland and Wales)
MIDDLESEX TENNIS
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
MIDDLESEX TENNIS
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
P Veasey
H Watts
D Fields
M Robinson
M Keolhavong
K Shepley
J Love
A Nicholls
F Beyad
(Appointed 22 May 20241
(Appointed 22 May 20241
(Appointed 22 May 20241
(Appointed 22 May 20241
(Appointed 22 May 20241
(Appointed 22 May 20241
(Appointed 22 May 20241
(Appointed 9 April 20251
(Appointed 22 May 20251
Charty number (England and Wales}
1208360
Independent examiner
TaylorAssociates
1st Floor Gallery Court
28 Arcadia Avenue
London
N3 2FG
Bankers
Barclay5 Bank PIC
Wembley & Park Royal 2
Leicesler, Leicestershire, LE87, 2BB
MIDDLESEX TENNIS
CONTENTS
Page
Trustees report
Independent examiner's report
ststement of financial activities
Balance sheet
Stslemenl of cash flows
Notes lo the financial statements
7-15
MIDDLESEX TENNIS
TRUSTEES REPORT
FOR THE PERIOD ENDED 31 MARCH 2025
The Trustees present their annual report and financial statement5 for the period ended 31 March 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". Slalemenl of Recommended Practice applicable lo charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021
Objectives and activities
The charity's objectives are to promote community participaty'on in healthy, safe and in¢lusive recreation by the
development and SLJPPOrt of sport (primarily being tennis and padell in the County for the benefit of the inhabitants
in the county of Middlesex.
Middlesex Tennis is dedicated lo creating a welcoming environment where everyone feels represented. By
supporting indusive venues and promoting equality, the charity aims lo attract diverse players, coaches, and
volunteers while ensuring tennis and padel are accessible lo all.
The charity's focus on gromring the workforce includes investing in coaches, young people. and volunteers. Through
innovative training and sharing best pradi¢es, Middlesex Tennis empowers ils community and ensures the sport's
sustainability.
Middlesex Tennis also nurtures excellence through robust competition and performance pathways. From grassroots
to professional levels, the charity provides the support needed lo succeed on national and intemalional stages,
building a bright future for tennis and padel in Middlesex.
The trustees have referred lo the guidance in the charity commission's general guidance on public benefit when
reviewing the aims and objectives of the charity and in planning the future the future activities. In particular, the
trustees o)nsider how planned ad'vib'es will contribute to the aims and objectives they have sel.
Publio benefit
The Trustees have paid due regard to guidance issued by the Charty Commission in deciding what activities the
charity should undertake.
Achievements and perfomiance
Significant &clNvilies and achievements against objectives
During the year, the charity made progress in promoting community partiapation in healthy, safe, and inclusive
recreation through tennis and padel in Middlesex. We supported local clubs and venues, helped increase public
engagement with the sport, and worked to improve access for underrepresented groups. Activities included
community outreach, coach and volunteer development, and support for competitions and club developrnent. All
work was carried out in line wrth our charitable objectives and in collaboration with relevant partners.
Plans for future
eriods
In 2025. Middlesex Tennis launched the Inclusive Hotspots programme in partnership with the The Queen's Club
Foundab'on a three-year. joint investment to break down barriers and create lasting community impact through
tennis and padel. Focusing on five priority groups - disadvantaged children, Women refugees, homeless adults,
visually impaired adults, and children with autism - the programme delivers free weekly sessions. holiday camps,
and workforce development in Hammersmith & Fulham and Kensington & Chelsea. Alongside local delivery, the
project will develop toolkits lo help other London boroughs and regions replicate the model, extending the impact far
beyond the initial sites.
MIDDLESEX TENNIS
TRUSTEES REPORT
FOR THE PERIOD ENDED 31 MARCH 2025
Financial review
The total income of the charity for the year was £744,721 against lotsl expenditure of £198,607. All expenditure was
in line with the key objectives of the charity. During the year. the charity made a surplus of £546,115. this included a
one off donation of £298,453 from Middlesex County Lawn Tennis Association. The Charity is in good financial
health,. the Trustees consider that its related income and accumulated funds are sufficient to fulfil its day to day
Objectives.
In the opinion of the trustees there are adequate resources available lo meet the foreseeable obligations of the
charity. The ttuslees confim that the major risks to which the charity is exposèd, as identified by them, have been
reviewed and systems have been established to mitigate those risks.
The trustees will continue lo promote the charity's activities being the promotion of the community participation in
the year ahead.
Reseryes polioy
The LTA recommends that counties hold up lo 2 years operating costs in reserves. We should note that if we were
to exceed this amount then we would be likely to receive a redUd annual grant from the LTA.
11 Is the policy of the charity that unreslricled funds which have not been designated for a speeifie use should be
maintained al a level equivalent lo between 12 10 18 month's expenditure. The Iruslees considers that reserves al
this level will ensure that, in the event of a significant drop in funding. they will be able lo continue the charity's
current activities while ¢onsideration is given to ways in which additional funds may be raised. This level of reserves
has been maintained throughout the year.
strUure. govgmance and management
Middlesex Tennis is an independent charity Iregislered number 12083601. The goveming document is the
memorandum and articles of association dated 22 May 2024. All business of the charity is conducted in accordance
with ils memorandum and srticles of association together with the rule5 incotpor8ted wthin this document
The Trustees who served during the period and up lo the dale of signature of the financial stslemenls were..
M Barber
(Appointed 22 May 2024 and resigned 22 May 20251
P Veasey
(Appointed 22 May 20241
H Watts
(Appointed 22 May 20241
D Fields
(Appointed 22 May 20241
M Robinson
(Appointed 22 May 20241
M Keolhavong
(Appointed 22 May 20241
K Shepley
(Appointed 22 May 20241
J Love
IAppoinled 22 May 20241
A Nicholls
(Appointed 9 April 20251
F Beyad
(Appointed 22 May 20251
J Major
(Appointed 22 May 2024 and resigned 31 July 20241
Recwitment and appointment of trustees
None of the Trustees has any beneficial interest in the company.
The report was approved by the Board of Trustees.
F Beyad
Trustee
11 December 2025
MIDDLESEX TENNIS
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF MIDDLESEX TENNIS
l Teporl lo the Trustees on my &xamination of the financial statements of Middlesex Tennis Ithe tharilyl for the
peiiod ended 31 March 2025.
Responsibilities and ba$is of report
As the Trnstées of the charity you are restM)nsible for the preparation of thè financial sialemènls in accordance with
the requirem6nts of Ihe Charities Acl 2011.
I report in respect of my examination of the ¢harty's financial slalements carried under section 145 of the
Charities Act 2011. In carrying out my examination I have followed the Diredions given by the Charity Commission
under section 14515llb} of ihè Charities Act 2011.
Indèpèndent examlnerf$ Statement
Since the charity's gloss inctsrne exceeded £250,000. the independent examiner musl be a member of a body listed
in section 145 of the Charities Act 2011. 1 confirm that l arn qualified lo undertake the examinalon because l am a
member tsf the Inslilule ol Chartered Ac¢¢untanls in England arid Wales, whlch is one of the listèd bodies.
Your attention is drawn to the fact that the charlty has prepared the financial statem8nls in accordance with the
relevant version of the Stalemènl ol Recommended Practice applicable to charities preparing their financial
statements in accordan with the Financial Reporting Standaid applicable in the UK and Republic of Ireland IFRS
1021 in preferènce lo the Acctsunting and Reporting by Charilie5." Statement of Re¢ommended Practice issued on 1
April 2005 which is referred to tn the extant iegulats'ons bul has now been wilhdr8wn. l understsnd Ihal this ha5
been don¥ tn order for the finanaal statements to provide 8 true and fail eW in accordance with UK Generally
Aecepted Accounting Practi.
I have completed my examinalion. I confimi that nts matters have Come lo my attentson in connection with tho
ex8mination giving me cause to believe that in any rnalerial respect..
8ceounling records were not kèpt in respect of the Charity as required by section 130 01 the Charities Act 2011.
the financial statements do not accord with those records.. or
the financial slalernenls do not comply with the applicable requirements conceining the form and contenl of
financial statements set out in the Charitie5 (Accounts and Reports) Regulations 2008 othe¥ than any
requirement that the finan¢lal statements give a Inje and fair view. which is not a matter CLJnsid@red as part of
an independent examination.
I have no concerns and have come across no other matters in connection with the examinalion to which allenlion
h uld be drawn in this report in order lo enable a pioper understanding of the financial statements lo be reached.
$lf Ha$8an
TaylorAs$o¢l#te$
131 Floor Gallery Court
28 Arcadia Avenue
London
N3 2FG
11 December 2025
MIDDLESEX TENNIS
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE PERIOD ENDED 31 MARCH 2025
Unrestrlcted
fund$
2025
Restrlcted
funds
2025
Total
2025
Notes
Income and endowments from-
Donations and legacies
Charitable activities
Investment income
675,415
36,776
3,149
675,415
66,158
3,149
29,382
Total income
715,340
29,382
744,722
Expenditure on-
Charitable activities
169,226
29,382
198,608
Total expenditure
169,226
29,382
198,608
Net income and movement in funds
546,114
546,114
Reconciliation of funds:
Fund balances al 22 May 2024
Fund balances at 31 March 2025
546,114
546,114
The stslemenl of financial activities includes all gains and losses recognised in the period. All income and
expenditure derive from Continuing activities.
MIDDLESEX TENNIS
BALANCE SHEET
ASAT31 MARCH 2025
2025
Notes
Fixed assets
Tangible assets
12
1,135
Current assets
Debtors
Cash at bank and in hand
13
232,244
394,042
626.286
181,3071
CreditoTr: amounts falling due within one year
14
Net current assets
544,979
Total assets less current Ilabllltles
548,114
The funds ofthe charity
Unrestricted funds
General fund
Designated fund (Club Loans)
16
323,728
222,386
546,114
548,114
The financial statements were approved by the Trustees on 11 December 2025
F Beyad
Trustee
MIDDLESEX TENNIS
STATEMENT OF CASH FLOWS
FOR THE PERIOD ENDED 31 MARCH 2025
2025
Notes
Cash flows from operatlng actlvltles
Cash generated from operations
18
617,941
Invgstlng actlvltlgs
Purchase of tangible fixed assets
Club loans
11,5131
1222,3861
Net cash used in investing activities
1223,8991
Net cash generated from financing activities
Net Incrga$g In ¢a$h and ca$h gqulvalgnts
394,042
Cash and cash equivalents at beginning of period
Cash and cash equlvalents at end of perlod
394,042
MIDDLESEX TENNIS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
Accounting policies
Charity inforniation
Middlesex County Lawn Tennis Association is an Association incorporated in England and Wales and bound
by its constitution.
1.1 Basis of preparation
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"
and the Charities SORP "Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable lo charities preparing their accounts in accordan wth the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021" The charity Is a Public Benefit Enlily as defined by
FRS 102.
The financial statements are prepared In slerfing, which is the functional currency of the charity. Monetary
amounts in these financial stslemenls are rounded lo the nearest £.
The financial slalements have been prepared under the historical cost convention. The principal accounting
policies adopted are sel out below.
1.2 Going concern
Al the time of approving the financial stslemenls, the Trustees have a reasonable expectation that the charity
has adequate resources lo continue in operational existence for the foreseeable future. Thus the Trustees
continue to adopt the going concern basis of aontIng in preparing the financial stslemenls.
1.3 Charitable funds
Unrestricted funds are available for use al the discretion of the Trustees in furtherance of their charitable
objectives.
Designated fijnds comprise funds which have been sel aside at the discretion of the Trustees for specific
purposes. The purposes and uses of the designated funds are set out in the notes to the financial statements.
Reslricled funds are subject to specific conditions by donors or grantors as to how they may bè used. The
purposes and uses of the restricted funds are set out in the notes lo the financial slalements.
1.4 Income
Income is recognised when the charity is legally entitled to il after any performance conditions have been met,
the amounts Can be measured reliably, and il is probable that income will be received.
Cash donations are renised on receipt. Other donations are recognised once the charity has been notified
of the donation, unless performance condrf(ions require deferral of the amount. Income lax recoverable in
relation to donations received under GiftAid or deeds of covenant is recognised at the lime of the donation.
Legacies are recognised on receipt or otherwise rf the charity has been notified of an impending distribution,
the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a
contingent asset.
MIDDLESEX TENNIS
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE PERIOD ENDED 31 MARCH 2025
Accountlng pollcles
Icontlnuedl
1.5 Expendltu
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a
third paty, il is probable that a transfer of economic benefits will be required in selllemenl, and the amount of
the obligation can be measured reliably.
Expenditure is classified by activity. The c051s of each activity are made up of the lolal of direct cost5 and
shared costs, including support costs involved in undertaking each activity. Direct costs attributable lo a single
activity are allocated dire¢lly lo that activity. Shared costs which contribute to more than one activity and
support costs which are not attributable lo a single activity are apportioned between those activities on a basis
consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and
depreciation charges are allocated on the portion of the asset's use.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured al cost and subsequently measured at cost or valuation. net of
depreciation and any impaimient losses.
Depreciation is recognised so as lo write off the cost or valuation of assets less their residual values over their
useful lives on the following bases..
Fixtures and fittings
250/0 reducing balance
The gain or IDSS 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.
1.7 Impairment of fixed assets
Al each reporting end date. the charity reviews the carrying amounts of its tangible assets lo detemiine
whether there is any indication that those assets have suffered an impaimienl loss. If any such indication
exists, the recoverable amount of the asset is estimated in order lo determine the extent of the impaimienl
loss lif any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call wth banks. other short-lerm liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowngs in current liabilities.
1.9 Financial instruments
The charty has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'Olher Financial Instruments Issues, of FRS 102 to all of ils financial inslrumenls.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party lo the
contractual provisions of the instrLJmenl.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right lo set off the recognised amounts and there is an intention to sellle on a nel
basis or lo realise the asset and setue the liability simultaneously.
BasiTC financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured al
transaction price Including transadion Costs and are subsequently carried al amorh.sed cost using the effective
interest method unless the arrangement conslilules a financing transaction, where the transaction is
measured at the present value of the future receipts discounted al a market rale of interest. Financial assets
classified as receivable within one year are not amortised.
MIDDLESEX TENNIS
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE PERIOD ENDED 31 MARCH 2025
Accountlng pollcles
Icontlnuedl
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless
the arrangement constilules a financing transaction, where the debt instrument is measured al the present
value of the future payments discounted at a market rate of Interest. Financial Iiabililies classified as payable
thin one year are not amortised.
Debt instruments are subsequently carried al amortised cost, using the effective interest rale 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 CLJrrent 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 subsequenuy measured al amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derècognised when the charity's eonlractual oblig8tions expire or are discharged or
cancelled.
1.10 Employee benefits
The cost of any unused holiday enlillement is recognised in the period in which the employee's services are
received.
Temiination benefits are recognised immediately as an expense when the charity is demonstrably committed
lo lerminale the employment of an employee or to provide termination benefits.
Critical accounting Ostimates 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 lo be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
eslimales 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.
Income from donatlons and legacles
Unrestricted
funds
2025
Donations and gifts
Donation from Middlesex County LTA Limf(ed
298,453
376,962
675,415
The Charity took over the activities and assets of Middlesex County Lawn Tennis Association. At 31 March
2025 £298,453 of net assets were transferred and have been included as a donation in the financial
statements.
MIDDLESEX TENNIS
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE PERIOD ENDED 31 MARCH 2025
Income from charitable activities
Unrestrlcted
funds
2025
Restrlcted
funds
2025
Total
2025
Senior Team CompetitlDns
Junior Team Competitions
Performance- County Training Fees
Performance related grants
12,170
3,810
20,796
12,170
3,810
20.796
29,382
29,382
36,776
29,382
66,158
Perfomiance related grants analysls
Total
2025
LTA Funding Grant
LTAThF Grants
27,632
1,750
Middlesex Tennis received a total of £108,150 core funding from the LTA for the 2024 calendar year and a
total Of £110,529 for the calendar year 2024. With the Change in year and formation of the ¢harity, these
accounts show £27,632 for thè 3 months from 1 Jan 2025 10 31 Jan 2025. The othèr element of the core grant
for this period 22 May 2024 to 31 Dec 2025 is included in the transfer assets from Middlesex County Lawn
Tennis Association, see note 3.
Investment income
Unrestricted
funds
2026
Other income
3,149
10-
MIDDLESEX TENNIS
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE PERIOD ENDED 31 MARCH 2025
Expenditure on charitable activities
Total
2025
Direct costs
Competition
Engagement and Communication
Equality, Diversity and Inclusion
91,521
2,371
10,405
104,297
Share of support and governance costs Isee note 71
Support
94,311
198,608
Analysis by fund
Unreslricled funds
Restricted funds
169,226
29,382
198,608
Support ¢o$ts allo¢at&d lo actlvltlos
Totsl
2025
Staff costs
Depreciation
IT expenses
Legal & professional
Storage
Bookkeeping
Telephone
Committee Expenses
Postage
Sundry Expenses
Bank charges
69,813
378
6,190
2,033
2.850
3,360
1,788
1,550
4,186
2,157
94,311
Net movement in funds
2025
The net movement in funds is stated after chargingllcredib'ngl..
Fees payable for the independent examination of the charity's financial stslements
Depreciation of owned tangible fixed assets
378
MIDDLESEX TENNIS
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE PERIOD ENDED 31 MARCH 2025
Trustees
None of the Trustees lor any persons connected wth them) received any remuneration or benefits from the
charity during the period.
10 Employees
The average monthly number of employees during the period was..
2025
Number
Employm&nt ¢o$ts
2026
INages and salaries
Social security costs
Other pension costs
61,373
6,585
1.652
69,610
There were no employees whose annual remuneration was more than £60,000.
Rgmun&ratlon of key managèmont p&rsonno1
The remuneration of key management personnel was as follows..
2025
Aggregate compensation
24,131
11 Taxation
The charity is exempt from laxalion on its activities because all ils income is applied for charitable purposes.
12-
MIDDLESEX TENNIS
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE PERIOD ENDED 31 MARCH 2025
12 Tangible fixed assets
Fixtur8s and
fitting5
Cost
Additions
1,513
Al 31 March 2025
1,513
Depreciation and impaiment
Depreciation charged in the period
378
Al 31 March 2025
378
Carrying amount
Al 31 March 2025
1,135
13 Debtors
2025
Amounts falllng due wlthln on& year:
Trade debtors
Other debtors
Prepayments and accrued income
5,752
222,386
4,106
232,244
14 Credltors: amounts falllng (lue wlthln one year
2025
Notes
Other taxation and social security
Deferred income
Trade creditors
Other creditors
Accruals
2,757
55,462
16.315
487
6,286
15
81,307
15 Deferred Income
2025
LTA grant
Other deferred income
29,382
26,080
55,462
13-
MIDDLESEX TENNIS
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE PERIOD ENDED 31 MARCH 2025
15 Deferred Income
Icontlnuedl
Deferred income is included in the financial statements as follows..
2025
Deferred income is included within..
Current liabilV(ies
55,462
Movements in the period".
Deferred income al 22 May 2024
ReSourS deferred in the period
55,462
Deferred income at 31 March 2025
55,462
16 Unrestrlcted funds
The unrestricted funds of the charty comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors as lo how they may be used. These include
designated funds which have been sel aside out of unreslricled ftjnds by the trustees for specific purposes.
At 22 May
2024
Incoming
r&sourc&s
Resources
exponded
Transfers At 31 March
2026
Designated fvnds
General funds
209,079
1209,0791
209,079
337,035
715,340
1169,2261
715,340
1169,2261
546,114
The Trustees have sel aside a designated fund to the value of oulslanding Club Loans. These are interest
free loans given lo Middlesex tènnis clubs lo support capital projects.
17 Related party transactions
There were no disclosable related party transactions during the period (- none).
14-
MIDDLESEX TENNIS
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE PERIOD ENDED 31 MARCH 2025
18 Cash generated from operations
2025
Surplus for the period
546,114
Adjustments for-
Depreryalion and impairment of tangible fixed assets
378
Movements In worklng capltal:
{Increasel in debtors
Increase in creditors
Increase in deferred in¢ome
{9,8581
25,845
55,462
Cash generated from operatlons
617,941
19 Anatysls of changes In net fundslldebtl
The charity had no material debt during the year.
15-
Charity registration number 1208360 IEngland and Wales)
MIDDLESEX TENNIS
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
MIDDLESEX TENNIS
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
P Veasey
H Watts
D Fields
M Robinson
M Keolhavong
K Shepley
J Love
A Nicholls
F Beyad
(Appointed 22 May 20241
(Appointed 22 May 20241
(Appointed 22 May 20241
(Appointed 22 May 20241
(Appointed 22 May 20241
(Appointed 22 May 20241
(Appointed 22 May 20241
(Appointed 9 April 20251
(Appointed 22 May 20251
Charty number (England and Wales}
1208360
Independent examiner
TaylorAssociates
1st Floor Gallery Court
28 Arcadia Avenue
London
N3 2FG
Bankers
Barclay5 Bank PIC
Wembley & Park Royal 2
Leicesler, Leicestershire, LE87, 2BB
MIDDLESEX TENNIS
CONTENTS
Page
Trustees report
Independent examiner's report
ststement of financial activities
Balance sheet
Stslemenl of cash flows
Notes lo the financial statements
7-15
MIDDLESEX TENNIS
TRUSTEES REPORT
FOR THE PERIOD ENDED 31 MARCH 2025
The Trustees present their annual report and financial statement5 for the period ended 31 March 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". Slalemenl of Recommended Practice applicable lo charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021
Objectives and activities
The charity's objectives are to promote community participaty'on in healthy, safe and in¢lusive recreation by the
development and SLJPPOrt of sport (primarily being tennis and padell in the County for the benefit of the inhabitants
in the county of Middlesex.
Middlesex Tennis is dedicated lo creating a welcoming environment where everyone feels represented. By
supporting indusive venues and promoting equality, the charity aims lo attract diverse players, coaches, and
volunteers while ensuring tennis and padel are accessible lo all.
The charity's focus on gromring the workforce includes investing in coaches, young people. and volunteers. Through
innovative training and sharing best pradi¢es, Middlesex Tennis empowers ils community and ensures the sport's
sustainability.
Middlesex Tennis also nurtures excellence through robust competition and performance pathways. From grassroots
to professional levels, the charity provides the support needed lo succeed on national and intemalional stages,
building a bright future for tennis and padel in Middlesex.
The trustees have referred lo the guidance in the charity commission's general guidance on public benefit when
reviewing the aims and objectives of the charity and in planning the future the future activities. In particular, the
trustees o)nsider how planned ad'vib'es will contribute to the aims and objectives they have sel.
Publio benefit
The Trustees have paid due regard to guidance issued by the Charty Commission in deciding what activities the
charity should undertake.
Achievements and perfomiance
Significant &clNvilies and achievements against objectives
During the year, the charity made progress in promoting community partiapation in healthy, safe, and inclusive
recreation through tennis and padel in Middlesex. We supported local clubs and venues, helped increase public
engagement with the sport, and worked to improve access for underrepresented groups. Activities included
community outreach, coach and volunteer development, and support for competitions and club developrnent. All
work was carried out in line wrth our charitable objectives and in collaboration with relevant partners.
Plans for future
eriods
In 2025. Middlesex Tennis launched the Inclusive Hotspots programme in partnership with the The Queen's Club
Foundab'on a three-year. joint investment to break down barriers and create lasting community impact through
tennis and padel. Focusing on five priority groups - disadvantaged children, Women refugees, homeless adults,
visually impaired adults, and children with autism - the programme delivers free weekly sessions. holiday camps,
and workforce development in Hammersmith & Fulham and Kensington & Chelsea. Alongside local delivery, the
project will develop toolkits lo help other London boroughs and regions replicate the model, extending the impact far
beyond the initial sites.
MIDDLESEX TENNIS
TRUSTEES REPORT
FOR THE PERIOD ENDED 31 MARCH 2025
Financial review
The total income of the charity for the year was £744,721 against lotsl expenditure of £198,607. All expenditure was
in line with the key objectives of the charity. During the year. the charity made a surplus of £546,115. this included a
one off donation of £298,453 from Middlesex County Lawn Tennis Association. The Charity is in good financial
health,. the Trustees consider that its related income and accumulated funds are sufficient to fulfil its day to day
Objectives.
In the opinion of the trustees there are adequate resources available lo meet the foreseeable obligations of the
charity. The ttuslees confim that the major risks to which the charity is exposèd, as identified by them, have been
reviewed and systems have been established to mitigate those risks.
The trustees will continue lo promote the charity's activities being the promotion of the community participation in
the year ahead.
Reseryes polioy
The LTA recommends that counties hold up lo 2 years operating costs in reserves. We should note that if we were
to exceed this amount then we would be likely to receive a redUd annual grant from the LTA.
11 Is the policy of the charity that unreslricled funds which have not been designated for a speeifie use should be
maintained al a level equivalent lo between 12 10 18 month's expenditure. The Iruslees considers that reserves al
this level will ensure that, in the event of a significant drop in funding. they will be able lo continue the charity's
current activities while ¢onsideration is given to ways in which additional funds may be raised. This level of reserves
has been maintained throughout the year.
strUure. govgmance and management
Middlesex Tennis is an independent charity Iregislered number 12083601. The goveming document is the
memorandum and articles of association dated 22 May 2024. All business of the charity is conducted in accordance
with ils memorandum and srticles of association together with the rule5 incotpor8ted wthin this document
The Trustees who served during the period and up lo the dale of signature of the financial stslemenls were..
M Barber
(Appointed 22 May 2024 and resigned 22 May 20251
P Veasey
(Appointed 22 May 20241
H Watts
(Appointed 22 May 20241
D Fields
(Appointed 22 May 20241
M Robinson
(Appointed 22 May 20241
M Keolhavong
(Appointed 22 May 20241
K Shepley
(Appointed 22 May 20241
J Love
IAppoinled 22 May 20241
A Nicholls
(Appointed 9 April 20251
F Beyad
(Appointed 22 May 20251
J Major
(Appointed 22 May 2024 and resigned 31 July 20241
Recwitment and appointment of trustees
None of the Trustees has any beneficial interest in the company.
The report was approved by the Board of Trustees.
F Beyad
Trustee
11 December 2025
MIDDLESEX TENNIS
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF MIDDLESEX TENNIS
l Teporl lo the Trustees on my &xamination of the financial statements of Middlesex Tennis Ithe tharilyl for the
peiiod ended 31 March 2025.
Responsibilities and ba$is of report
As the Trnstées of the charity you are restM)nsible for the preparation of thè financial sialemènls in accordance with
the requirem6nts of Ihe Charities Acl 2011.
I report in respect of my examination of the ¢harty's financial slalements carried under section 145 of the
Charities Act 2011. In carrying out my examination I have followed the Diredions given by the Charity Commission
under section 14515llb} of ihè Charities Act 2011.
Indèpèndent examlnerf$ Statement
Since the charity's gloss inctsrne exceeded £250,000. the independent examiner musl be a member of a body listed
in section 145 of the Charities Act 2011. 1 confirm that l arn qualified lo undertake the examinalon because l am a
member tsf the Inslilule ol Chartered Ac¢¢untanls in England arid Wales, whlch is one of the listèd bodies.
Your attention is drawn to the fact that the charlty has prepared the financial statem8nls in accordance with the
relevant version of the Stalemènl ol Recommended Practice applicable to charities preparing their financial
statements in accordan with the Financial Reporting Standaid applicable in the UK and Republic of Ireland IFRS
1021 in preferènce lo the Acctsunting and Reporting by Charilie5." Statement of Re¢ommended Practice issued on 1
April 2005 which is referred to tn the extant iegulats'ons bul has now been wilhdr8wn. l understsnd Ihal this ha5
been don¥ tn order for the finanaal statements to provide 8 true and fail eW in accordance with UK Generally
Aecepted Accounting Practi.
I have completed my examinalion. I confimi that nts matters have Come lo my attentson in connection with tho
ex8mination giving me cause to believe that in any rnalerial respect..
8ceounling records were not kèpt in respect of the Charity as required by section 130 01 the Charities Act 2011.
the financial statements do not accord with those records.. or
the financial slalernenls do not comply with the applicable requirements conceining the form and contenl of
financial statements set out in the Charitie5 (Accounts and Reports) Regulations 2008 othe¥ than any
requirement that the finan¢lal statements give a Inje and fair view. which is not a matter CLJnsid@red as part of
an independent examination.
I have no concerns and have come across no other matters in connection with the examinalion to which allenlion
h uld be drawn in this report in order lo enable a pioper understanding of the financial statements lo be reached.
$lf Ha$8an
TaylorAs$o¢l#te$
131 Floor Gallery Court
28 Arcadia Avenue
London
N3 2FG
11 December 2025
MIDDLESEX TENNIS
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE PERIOD ENDED 31 MARCH 2025
Unrestrlcted
fund$
2025
Restrlcted
funds
2025
Total
2025
Notes
Income and endowments from-
Donations and legacies
Charitable activities
Investment income
675,415
36,776
3,149
675,415
66,158
3,149
29,382
Total income
715,340
29,382
744,722
Expenditure on-
Charitable activities
169,226
29,382
198,608
Total expenditure
169,226
29,382
198,608
Net income and movement in funds
546,114
546,114
Reconciliation of funds:
Fund balances al 22 May 2024
Fund balances at 31 March 2025
546,114
546,114
The stslemenl of financial activities includes all gains and losses recognised in the period. All income and
expenditure derive from Continuing activities.
MIDDLESEX TENNIS
BALANCE SHEET
ASAT31 MARCH 2025
2025
Notes
Fixed assets
Tangible assets
12
1,135
Current assets
Debtors
Cash at bank and in hand
13
232,244
394,042
626.286
181,3071
CreditoTr: amounts falling due within one year
14
Net current assets
544,979
Total assets less current Ilabllltles
548,114
The funds ofthe charity
Unrestricted funds
General fund
Designated fund (Club Loans)
16
323,728
222,386
546,114
548,114
The financial statements were approved by the Trustees on 11 December 2025
F Beyad
Trustee
MIDDLESEX TENNIS
STATEMENT OF CASH FLOWS
FOR THE PERIOD ENDED 31 MARCH 2025
2025
Notes
Cash flows from operatlng actlvltles
Cash generated from operations
18
617,941
Invgstlng actlvltlgs
Purchase of tangible fixed assets
Club loans
11,5131
1222,3861
Net cash used in investing activities
1223,8991
Net cash generated from financing activities
Net Incrga$g In ¢a$h and ca$h gqulvalgnts
394,042
Cash and cash equivalents at beginning of period
Cash and cash equlvalents at end of perlod
394,042
MIDDLESEX TENNIS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
Accounting policies
Charity inforniation
Middlesex County Lawn Tennis Association is an Association incorporated in England and Wales and bound
by its constitution.
1.1 Basis of preparation
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"
and the Charities SORP "Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable lo charities preparing their accounts in accordan wth the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021" The charity Is a Public Benefit Enlily as defined by
FRS 102.
The financial statements are prepared In slerfing, which is the functional currency of the charity. Monetary
amounts in these financial stslemenls are rounded lo the nearest £.
The financial slalements have been prepared under the historical cost convention. The principal accounting
policies adopted are sel out below.
1.2 Going concern
Al the time of approving the financial stslemenls, the Trustees have a reasonable expectation that the charity
has adequate resources lo continue in operational existence for the foreseeable future. Thus the Trustees
continue to adopt the going concern basis of aontIng in preparing the financial stslemenls.
1.3 Charitable funds
Unrestricted funds are available for use al the discretion of the Trustees in furtherance of their charitable
objectives.
Designated fijnds comprise funds which have been sel aside at the discretion of the Trustees for specific
purposes. The purposes and uses of the designated funds are set out in the notes to the financial statements.
Reslricled funds are subject to specific conditions by donors or grantors as to how they may bè used. The
purposes and uses of the restricted funds are set out in the notes lo the financial slalements.
1.4 Income
Income is recognised when the charity is legally entitled to il after any performance conditions have been met,
the amounts Can be measured reliably, and il is probable that income will be received.
Cash donations are renised on receipt. Other donations are recognised once the charity has been notified
of the donation, unless performance condrf(ions require deferral of the amount. Income lax recoverable in
relation to donations received under GiftAid or deeds of covenant is recognised at the lime of the donation.
Legacies are recognised on receipt or otherwise rf the charity has been notified of an impending distribution,
the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a
contingent asset.
MIDDLESEX TENNIS
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE PERIOD ENDED 31 MARCH 2025
Accountlng pollcles
Icontlnuedl
1.5 Expendltu
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a
third paty, il is probable that a transfer of economic benefits will be required in selllemenl, and the amount of
the obligation can be measured reliably.
Expenditure is classified by activity. The c051s of each activity are made up of the lolal of direct cost5 and
shared costs, including support costs involved in undertaking each activity. Direct costs attributable lo a single
activity are allocated dire¢lly lo that activity. Shared costs which contribute to more than one activity and
support costs which are not attributable lo a single activity are apportioned between those activities on a basis
consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and
depreciation charges are allocated on the portion of the asset's use.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured al cost and subsequently measured at cost or valuation. net of
depreciation and any impaimient losses.
Depreciation is recognised so as lo write off the cost or valuation of assets less their residual values over their
useful lives on the following bases..
Fixtures and fittings
250/0 reducing balance
The gain or IDSS 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.
1.7 Impairment of fixed assets
Al each reporting end date. the charity reviews the carrying amounts of its tangible assets lo detemiine
whether there is any indication that those assets have suffered an impaimienl loss. If any such indication
exists, the recoverable amount of the asset is estimated in order lo determine the extent of the impaimienl
loss lif any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call wth banks. other short-lerm liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowngs in current liabilities.
1.9 Financial instruments
The charty has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'Olher Financial Instruments Issues, of FRS 102 to all of ils financial inslrumenls.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party lo the
contractual provisions of the instrLJmenl.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right lo set off the recognised amounts and there is an intention to sellle on a nel
basis or lo realise the asset and setue the liability simultaneously.
BasiTC financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured al
transaction price Including transadion Costs and are subsequently carried al amorh.sed cost using the effective
interest method unless the arrangement conslilules a financing transaction, where the transaction is
measured at the present value of the future receipts discounted al a market rale of interest. Financial assets
classified as receivable within one year are not amortised.
MIDDLESEX TENNIS
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE PERIOD ENDED 31 MARCH 2025
Accountlng pollcles
Icontlnuedl
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless
the arrangement constilules a financing transaction, where the debt instrument is measured al the present
value of the future payments discounted at a market rate of Interest. Financial Iiabililies classified as payable
thin one year are not amortised.
Debt instruments are subsequently carried al amortised cost, using the effective interest rale 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 CLJrrent 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 subsequenuy measured al amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derècognised when the charity's eonlractual oblig8tions expire or are discharged or
cancelled.
1.10 Employee benefits
The cost of any unused holiday enlillement is recognised in the period in which the employee's services are
received.
Temiination benefits are recognised immediately as an expense when the charity is demonstrably committed
lo lerminale the employment of an employee or to provide termination benefits.
Critical accounting Ostimates 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 lo be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
eslimales 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.
Income from donatlons and legacles
Unrestricted
funds
2025
Donations and gifts
Donation from Middlesex County LTA Limf(ed
298,453
376,962
675,415
The Charity took over the activities and assets of Middlesex County Lawn Tennis Association. At 31 March
2025 £298,453 of net assets were transferred and have been included as a donation in the financial
statements.
MIDDLESEX TENNIS
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE PERIOD ENDED 31 MARCH 2025
Income from charitable activities
Unrestrlcted
funds
2025
Restrlcted
funds
2025
Total
2025
Senior Team CompetitlDns
Junior Team Competitions
Performance- County Training Fees
Performance related grants
12,170
3,810
20,796
12,170
3,810
20.796
29,382
29,382
36,776
29,382
66,158
Perfomiance related grants analysls
Total
2025
LTA Funding Grant
LTAThF Grants
27,632
1,750
Middlesex Tennis received a total of £108,150 core funding from the LTA for the 2024 calendar year and a
total Of £110,529 for the calendar year 2024. With the Change in year and formation of the ¢harity, these
accounts show £27,632 for thè 3 months from 1 Jan 2025 10 31 Jan 2025. The othèr element of the core grant
for this period 22 May 2024 to 31 Dec 2025 is included in the transfer assets from Middlesex County Lawn
Tennis Association, see note 3.
Investment income
Unrestricted
funds
2026
Other income
3,149
10-
MIDDLESEX TENNIS
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE PERIOD ENDED 31 MARCH 2025
Expenditure on charitable activities
Total
2025
Direct costs
Competition
Engagement and Communication
Equality, Diversity and Inclusion
91,521
2,371
10,405
104,297
Share of support and governance costs Isee note 71
Support
94,311
198,608
Analysis by fund
Unreslricled funds
Restricted funds
169,226
29,382
198,608
Support ¢o$ts allo¢at&d lo actlvltlos
Totsl
2025
Staff costs
Depreciation
IT expenses
Legal & professional
Storage
Bookkeeping
Telephone
Committee Expenses
Postage
Sundry Expenses
Bank charges
69,813
378
6,190
2,033
2.850
3,360
1,788
1,550
4,186
2,157
94,311
Net movement in funds
2025
The net movement in funds is stated after chargingllcredib'ngl..
Fees payable for the independent examination of the charity's financial stslements
Depreciation of owned tangible fixed assets
378
MIDDLESEX TENNIS
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE PERIOD ENDED 31 MARCH 2025
Trustees
None of the Trustees lor any persons connected wth them) received any remuneration or benefits from the
charity during the period.
10 Employees
The average monthly number of employees during the period was..
2025
Number
Employm&nt ¢o$ts
2026
INages and salaries
Social security costs
Other pension costs
61,373
6,585
1.652
69,610
There were no employees whose annual remuneration was more than £60,000.
Rgmun&ratlon of key managèmont p&rsonno1
The remuneration of key management personnel was as follows..
2025
Aggregate compensation
24,131
11 Taxation
The charity is exempt from laxalion on its activities because all ils income is applied for charitable purposes.
12-
MIDDLESEX TENNIS
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE PERIOD ENDED 31 MARCH 2025
12 Tangible fixed assets
Fixtur8s and
fitting5
Cost
Additions
1,513
Al 31 March 2025
1,513
Depreciation and impaiment
Depreciation charged in the period
378
Al 31 March 2025
378
Carrying amount
Al 31 March 2025
1,135
13 Debtors
2025
Amounts falllng due wlthln on& year:
Trade debtors
Other debtors
Prepayments and accrued income
5,752
222,386
4,106
232,244
14 Credltors: amounts falllng (lue wlthln one year
2025
Notes
Other taxation and social security
Deferred income
Trade creditors
Other creditors
Accruals
2,757
55,462
16.315
487
6,286
15
81,307
15 Deferred Income
2025
LTA grant
Other deferred income
29,382
26,080
55,462
13-
MIDDLESEX TENNIS
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE PERIOD ENDED 31 MARCH 2025
15 Deferred Income
Icontlnuedl
Deferred income is included in the financial statements as follows..
2025
Deferred income is included within..
Current liabilV(ies
55,462
Movements in the period".
Deferred income al 22 May 2024
ReSourS deferred in the period
55,462
Deferred income at 31 March 2025
55,462
16 Unrestrlcted funds
The unrestricted funds of the charty comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors as lo how they may be used. These include
designated funds which have been sel aside out of unreslricled ftjnds by the trustees for specific purposes.
At 22 May
2024
Incoming
r&sourc&s
Resources
exponded
Transfers At 31 March
2026
Designated fvnds
General funds
209,079
1209,0791
209,079
337,035
715,340
1169,2261
715,340
1169,2261
546,114
The Trustees have sel aside a designated fund to the value of oulslanding Club Loans. These are interest
free loans given lo Middlesex tènnis clubs lo support capital projects.
17 Related party transactions
There were no disclosable related party transactions during the period (- none).
14-
MIDDLESEX TENNIS
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE PERIOD ENDED 31 MARCH 2025
18 Cash generated from operations
2025
Surplus for the period
546,114
Adjustments for-
Depreryalion and impairment of tangible fixed assets
378
Movements In worklng capltal:
{Increasel in debtors
Increase in creditors
Increase in deferred in¢ome
{9,8581
25,845
55,462
Cash generated from operatlons
617,941
19 Anatysls of changes In net fundslldebtl
The charity had no material debt during the year.
15-