Company Registration No. 04680543 (England and Wales)
Team Communications Limited
Unaudited accounts
for the year ended 31 March 2023
Team Communications Limited
Unaudited accounts
Contents
Team Communications Limited
Company Information
for the year ended 31 March 2023
Directors
P McAllister
Mrs T E A McAllister
Mrs T Seswick
Company Number
04680543 (England and Wales)
Registered Office
27 Novello Close
Brighton Hill
Basingstoke
Hampshire
RG22 4LF
United Kingdom
Accountants
Eldridge & Associates Limited
Drewitts Ash
Hannington
Tadley
Hampshire
RG26 5UA
Team Communications Limited
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
3,534
15,306
Creditors: amounts falling due within one year
80,379
68,124
Net current assets
153,042
158,464
Net assets
153,559
159,633
Called up share capital
2
2
Profit and loss account
153,557
159,631
Shareholders' funds
153,559
159,633
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2023 and were signed on its behalf by
Mrs T Seswick
Director
Company Registration No. 04680543
Team Communications Limited
Notes to the Accounts
for the year ended 31 March 2023
Team Communications Limited is a private company, limited by shares, registered in England and Wales, registration number 04680543. The registered office is 27 Novello Close, Brighton Hill, Basingstoke, Hampshire, RG22 4LF, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% straight line
Computer equipment
25% straight line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2022
3,815
9,548
13,363
At 31 March 2023
3,815
9,548
13,363
At 1 April 2022
3,489
8,705
12,194
Charge for the year
147
505
652
At 31 March 2023
3,636
9,210
12,846
At 31 March 2023
179
338
517
At 31 March 2022
326
843
1,169
Team Communications Limited
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Trade debtors
41,744
53,817
Other debtors
24,551
21,217
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
2,309
1,844
Taxes and social security
5,428
6,275
Loans from directors
(89,116)
(79,504)
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Interest free, no fixed repayment date
35,028
-
522
34,506
Interest free, no fixed repayment date
34,627
-
121
34,506
Interest free, no fixed repayment date
9,848
10,257
-
20,105
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).