Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 05322066 Mr Andrew Glynn Mrs Stephanie Glynn Mr James White iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05322066 2022-12-31 05322066 2023-12-31 05322066 2023-01-01 2023-12-31 05322066 frs-core:CurrentFinancialInstruments 2023-12-31 05322066 frs-core:RevaluationReserve 2023-01-01 2023-12-31 05322066 frs-core:RevaluationReserve 2022-12-31 05322066 frs-core:RevaluationReserve 2023-12-31 05322066 frs-core:ShareCapital 2023-12-31 05322066 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 05322066 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 05322066 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 05322066 frs-bus:SmallEntities 2023-01-01 2023-12-31 05322066 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 05322066 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 05322066 frs-bus:Director1 2023-01-01 2023-12-31 05322066 frs-bus:Director2 2023-01-01 2023-12-31 05322066 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 05322066 frs-countries:EnglandWales 2023-01-01 2023-12-31 05322066 2021-12-31 05322066 2022-12-31 05322066 2022-01-01 2022-12-31 05322066 frs-core:CurrentFinancialInstruments 2022-12-31 05322066 frs-core:RevaluationReserve 2022-12-31 05322066 frs-core:ShareCapital 2022-12-31 05322066 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 05322066
Teamwork Properties Limited
Financial Statements
For The Year Ended 31 December 2023
James F White & Associates
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: 05322066
2023 2022
Notes £ £ £ £
CURRENT ASSETS
Investments 4 619,670 599,570
Cash at bank and in hand 4 4
619,674 599,574
NET CURRENT ASSETS (LIABILITIES) 619,674 599,574
TOTAL ASSETS LESS CURRENT LIABILITIES 619,674 599,574
NET ASSETS 619,674 599,574
CAPITAL AND RESERVES
Called up share capital 5 100 100
Revaluation reserve 6 548,815 528,715
Profit and Loss Account 70,759 70,759
SHAREHOLDERS' FUNDS 619,674 599,574
Page 1
Page 2
For the year ending 31 December 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Andrew Glynn
Director
24th September 2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Teamwork Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05322066 . The registered office is Woodhatch, Clapham Common, Clapham, WORTHING, BN13 3UR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Current Asset Investments
2023 2022
£ £
Shares in subsidiaries 619,670 599,570
5. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
6. Reserves
Revaluation Reserve
£
As at 1 January 2023 528,715
Net investment property revaluation reserve 20,100
As at 31 December 2023 548,815
Page 3