TEAM 2 ELECTRICAL LTD

Company Registration Number:
14531610 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 09 December 2022

End date: 31 December 2023

TEAM 2 ELECTRICAL LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

TEAM 2 ELECTRICAL LTD

Company Information

for the Period Ended 31 December 2023




Director: TOM MCNAMEE
Registered office: 50
Springfield Crescent
Sutton Coldfield
England
B76 2ST
Company Registration Number: 14531610 (England and Wales)

TEAM 2 ELECTRICAL LTD

Directors' Report Period Ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal Activities

Electrical Management and Contracting

Directors

The directors shown below have held office during the whole of the period from 09 December 2022 to 31 December 2023
TOM MCNAMEE

This report was approved by the board of directors on 28 August 2024
And Signed On Behalf Of The Board By:

Name: TOM MCNAMEE
Status: Director

TEAM 2 ELECTRICAL LTD

Profit and Loss Account

for the Period Ended 31 December 2023


Notes
13 months to
31 Dec 2023
£
Turnover 52,484
Cost of sales ( 7,899 )
Gross Profit or (Loss) 44,585
Income from coronavirus (COVID-19) business support grants 0
Administrative Expenses ( 33,429 )
Operating Profit or (Loss) 11,156
Profit or (Loss) Before Tax 11,156
Profit or (Loss) for Period 11,156

The notes form part of these financial statements

TEAM 2 ELECTRICAL LTD

Balance sheet

As at 31 December 2023


Notes
13 months to
31 Dec 2023
£
Fixed assets
Tangible assets: 4 446
Total fixed assets: 446
Current assets
Cash at bank and in hand: 354
Total current assets: 354
Net current assets (liabilities): 354
Total assets less current liabilities: 800
Total net assets (liabilities): 800

The notes form part of these financial statements

TEAM 2 ELECTRICAL LTD

Balance sheet continued

As at 31 December 2023


Notes
13 months to
31 Dec 2023
£
Capital and reserves
Called up share capital: 1
Profit and loss account: 799
Shareholders funds: 800

For the year ending 31 December 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 28 August 2024
And Signed On Behalf Of The Board By:

Name: TOM MCNAMEE
Status: Director

The notes form part of these financial statements

TEAM 2 ELECTRICAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

TEAM 2 ELECTRICAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    13 months to
    31 Dec 2023
    Average number of employees during the period 0

TEAM 2 ELECTRICAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

TEAM 2 ELECTRICAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible assets

Plant & machinery Office equipment Total
Cost £ £ £
Additions 219 227 446
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 December 2023 219 227 446
Depreciation
Charge for year - - -
On disposals - - -
Other adjustments - - -
At 31 December 2023 - - -
Net book value
At 31 December 2023 219 227 446