Company registration number:
04656735
Team O Solutions Limited
Unaudited filleted financial statements
31 October 2023
Team O Solutions Limited
Contents
Directors and other information
Statement of financial position and notes to the financial statements
Team O Solutions Limited
Directors and other information
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Director |
P G Osborne |
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Company number |
04656735 |
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Registered office |
Warwick Road |
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Maltby |
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Rotherham |
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South Yorkshire |
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S66 8EW |
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Accountants |
Bowker Orford |
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8th Floor Becket House |
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36 Old Jewry |
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London |
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EC2R 8DD |
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Team O Solutions Limited
Statement of financial position
31 October 2023
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2023 |
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2022 |
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£ |
£ |
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£ |
£ |
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Fixed assets |
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161,729 |
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172,188 |
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_______ |
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_______ |
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Current assets |
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2,292,207 |
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2,496,229 |
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Prepayments and accrued income |
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301,000 |
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492,142 |
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_______ |
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_______ |
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2,593,207 |
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2,988,371 |
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Creditors: amounts falling due within one year |
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(
4,935,560) |
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(
5,320,430) |
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_______ |
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_______ |
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Net current liabilities |
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(
2,342,353) |
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(
2,332,059) |
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_______ |
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_______ |
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Total assets less current liabilities |
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(
2,180,624) |
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(
2,159,871) |
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Creditors: amounts falling due after more than one year |
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- |
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(
173) |
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Accruals and deferred income |
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(
22,692) |
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(
37,972) |
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_______ |
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_______ |
Net liabilities |
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(
2,203,316) |
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(
2,198,016) |
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_______ |
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_______ |
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Capital and reserves |
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(
2,203,316) |
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(
2,198,016) |
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_______ |
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_______ |
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Team O Solutions Limited
Year ended 31 October 2023
Notes to the financial statements
1.
Employee numbers
The average number of persons employed by the company during the year amounted to
1
(2022:
1
).
2.
Contingent assets and liabilities
The company's bankers have a debenture over all the company's assets and have a fixed and floating charge over all the assets dated 26th May 2015.An unlimited multilateral guarantee has been provided to its bankers by the following companies : Green Group International Limited , Green GRP Logistics Limited, Green GRP Pallet Network Limited , Green Europe Solutions Limited ,Green GRP Int Limited , Green GRP Warehousing Limited , Moto Logix Limited , Pete Osborne Holdings Limited , Green GP Property Limited and Team O Solutions Limited .
3.
Directors advances, credits and guarantees
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During the year the director entered into the following advances and credits with the company: |
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2023 |
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Balance brought forward |
Advances /(credits) to the director |
Balance o/standing |
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£ |
£ |
£ |
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P G Osborne |
- |
190,249 |
190,249 |
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_______ |
_______ |
_______ |
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2022 |
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Balance brought forward |
Advances /(credits) to the director |
Balance o/standing |
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£ |
£ |
£ |
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P G Osborne |
- |
- |
- |
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_______ |
_______ |
_______ |
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For the year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
30 July 2024
, and are signed on behalf of the board by:
P G Osborne
Director
Company registration number:
04656735
The company is a private company limited by shares, registered in England.