TDLTC Accounts for the Year ended 30th April 2009

From Tennis

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30th APRIL 2009

	Notes	2009 £||2008 £||2007 £
CLUB OPERATING INCOME	2		52,972	51,658
TENNIS SECTION EXPENSES			(19,520)	(28,972)
			33,452	22,686
ADMINISTRATIVE EXPENSES	2		(12,399)	(15,088)
			21,053	7,598
OTHER INCOME/DEFICITS			(2,817)	(2,753)
Retained surplus for year before taxation			18,236	4,845
TAXATION	3		-	-
Retained surplus for year after taxation			18,236	4,845

BALANCE SHEET AS AT 30th APRIL 2009

		2009	2008
	Notes	£	£	£	£
FIXED ASSETS
Tangible	4				191,973
CURRENT ASSETS
Stocks				100
Debtors and Prepayments	5			15,414
Bar Float				410
Cash in hand				1
Club Bank Accounts				32,103
Bar Bank Accounts				1,680
				49,708
CREDITORS – Amounts falling
due within one year	6			1,960
NET CURRENT ASSETS					47,748
CREDITORS – Amounts falling
due after more than one year	7				(34,000)
NET ASSETS					205,720
REPRESENTED BY:
Accumulated Fund:
Balance brought forward					187,484
Surplus for year					18,236
					205,720

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30th APRIL 2009

1. ACCOUNTING POLICIES
   1. Accounting Conventions

The accounts are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective June 2002).

1. 1. Income

Income is accounted for on an accruals basis.

1. 1. Tangible Fixed Assets and Depreciation

The club\\’s freehold land has an infinite life, so it is not depreciated. Improvements to property are written off over 20 years.

1. 1. Stocks

Stocks of bar items are valued at the lower of cost and net realisable value.

1. CLUB OPERATING INCOME AND EXPENDITURE

This includes:

	2009	2008	2007
	£	£	£
Depreciation of owned assets		863	863
Audit Fee		0	117

1. TAXATION

Analysis of charge in year:

	2009	2008	2007
	£	£	£
Current tax:
Audit Fee		-	-

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30th APRIL 2009

4 TANGIBLE FIXED ASSETS

	Freehold Land £||Property Improvements £|| Total £
COST
At 1st May 2007	179,175	17,260	196,435
Additions	-	-	-
At 30th April 2008	179,175	17,260	196,435
DEPRECIATION
At 1st May 2007	-	3,599	3,599
Charge for the year	-	863	863
At 30th April 2008	-	4,462	4,462
NET BOOK VALUE – 30th April 2008	179,175	12,798	191,973
NET BOOK VALUE – 30th April 2007	179,175	13,661	192,836

5 DEBTORS

	2009	2008	2007
	£	£	£
Amounts falling due within one year:
Balance of lottery funds and LTA funds		11,373	11,373
Prepayments: LTA and Insurance		1,505	1,314
Wimbledon tickets		2,536	1,912
Debtors: Clubhouse hire		0	980
		15,414	15,579

6 CREDITORS – Amounts falling due within one year

	2009	2008	2007
	£	£	£
Rent pre-paid		0	968
Accruals and deferred income		1,960	4,662
Taxation		0	0
		1,960	5,630

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30th APRIL 2009

1. CREDITORS – Amounts falling due after more than one year

This comprises loans as follows:

	2009	2008	2007
	£	£	£
Loans from members		6,000	6,000
Loan from LTA:
Due between 1 and 2 years		8,000	8,000
Due between 2 and 5 years		20,000	28,000
Due after 5 years		-	-
		34,000	42,000

DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30th APRIL 2009

		2009	2008
		£	£	£	£
CLUB OPERATING INCOME:
Subscriptions					39,469
Visitors\\’ fees					-
Bank Interest					807
Advertising income					-
Match fees and Vets Final					-
Junior Tournament fees					1,034
Junior Saturday a.m. fees					-
Quiz Night & Raffle					-
Summer Party income					-
DecSoc income					-
Club hire by Jo Jingles					1,530
Club hire by TinyTalk					1,860
Hire by TV companies					350
Miscellaneous club hire					390
					52,972
TENNIS SECTION EXPENSES:
Ground maintenance				15,056
Match Fees				70
Court Cleaning & Services				-
Tennis balls				24
Junior Tournament & League				5
Summer Party costs				335
Miscellaneous catering				40
Affiliation fees				2,100
Professional coaching				1,960
					(19,520)
					33,452
GENERAL EXPENSES:
Rates and water				1,117
Light and heat				3,396
Insurance				1,524
Burglar & Fire Alarms				536
Clubhouse maintenance & cleaning				1,742
Telephone				202
TV licence				141
DecSoc costs				-
Repair renewal				97
Rubbish removal				196
Audit fees				-
Bank charges				24
Planning applications				225
Printing, post and stationery				98
Website				66
Advertising				339
Professional coach communications				-
Sundries				193
Refurbishment				562
Trophies				-
Other prizes and gifts				-
Depreciation				863
					(12,399)
OTHER INCOME:
Surplus (Deficit) from Bar					4,571
Break-in claim payment					-
Retained surplus for year					18,236

BAR ACCOUNT FOR THE YEAR ENDED 30th APRIL 2009

		2009		2008
		£		£
Net Surplus for the year		4,571		(2,817)