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REGISTERED NUMBER: OC444783 (England and Wales)















Unaudited Financial Statements

for the period

23 November 2022 to 31 March 2024

for

Team Green Investments LLP

Team Green Investments LLP (Registered number: OC444783)

Contents of the Financial Statements
for the period 23 November 2022 to 31 March 2024










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Team Green Investments LLP

General Information
for the period 23 November 2022 to 31 March 2024







Designated members: Ms S Green
C Green





Registered office: 3c High Street
Esher
Surrey
KT10 9RL





Registered number: OC444783 (England and Wales)





Accountants: Cooper Parry Advisory Limited
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

Team Green Investments LLP (Registered number: OC444783)

Balance Sheet
31 March 2024

Notes £ £
Fixed assets
Investment property 4 1,474,883

Current assets
Debtors 5 603,559

Creditors
Amounts falling due within one year 6 56,717
Net current assets 546,842
Total assets less current liabilities 2,021,725

Creditors
Amounts falling due after more than one
year

7

2,021,725
Net liabilities attributable to members -

Loans and other debts due to members -

Total members' interests
Amounts due from members 5 (528,941 )

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the period ended 31 March 2024.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 22 August 2024 and were signed by:





C Green - Designated member

Team Green Investments LLP (Registered number: OC444783)

Notes to the Financial Statements
for the period 23 November 2022 to 31 March 2024


1. Statutory information

Team Green Investments LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in sterling, which is the functional currency of the Company.
Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover comprises revenue recognised by the company in respect of rents receivable.

Investment property
Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure.

Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in the Income Statement.

Team Green Investments LLP (Registered number: OC444783)

Notes to the Financial Statements - continued
for the period 23 November 2022 to 31 March 2024


2. Accounting policies - continued

Financial instruments
The Company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at the market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual
arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, including creditors and loans from fellow group and related companies, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Equity instruments
Equity instruments issued by the Company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with
banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

3. Employee information

The average number of employees during the period was NIL.

4. Investment property
Total
£
Fair value
Additions 1,474,883
At 31 March 2024 1,474,883
Net book value
At 31 March 2024 1,474,883

Team Green Investments LLP (Registered number: OC444783)

Notes to the Financial Statements - continued
for the period 23 November 2022 to 31 March 2024


5. Debtors: amounts falling due within one year
£
Trade debtors 12,618
Other debtors 590,941
603,559

6. Creditors: amounts falling due within one year
£
Trade creditors 4,060
Other creditors 52,657
56,717

7. Creditors: amounts falling due after more than one year
£
Bank loans 2,021,725

8. Related party disclosures

Included in other debtors at the Balance Sheet date was an amount of £62,000 due from
companies under common control.

Included in other creditors at the Balance Sheet date was an amount of £47,657 due to companies under common control.