Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-01-01trueCombined facilities support activities279falsetruefalse SC218786 2023-01-01 2023-12-31 SC218786 2022-01-01 2022-12-31 SC218786 2023-12-31 SC218786 2022-12-31 SC218786 2022-01-01 SC218786 c:Director1 2023-01-01 2023-12-31 SC218786 d:CurrentFinancialInstruments 2023-12-31 SC218786 d:CurrentFinancialInstruments 2022-12-31 SC218786 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 SC218786 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 SC218786 d:ShareCapital 2023-01-01 2023-12-31 SC218786 d:ShareCapital 2023-12-31 SC218786 d:ShareCapital 2022-01-01 2022-12-31 SC218786 d:ShareCapital 2022-12-31 SC218786 d:ShareCapital 2022-01-01 SC218786 d:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 SC218786 d:RetainedEarningsAccumulatedLosses 2023-12-31 SC218786 d:RetainedEarningsAccumulatedLosses 2022-01-01 2022-12-31 SC218786 d:RetainedEarningsAccumulatedLosses 2022-12-31 SC218786 d:RetainedEarningsAccumulatedLosses 2022-01-01 SC218786 c:OrdinaryShareClass1 2023-01-01 2023-12-31 SC218786 c:OrdinaryShareClass1 2023-12-31 SC218786 c:EntityHasNeverTraded 2023-01-01 2023-12-31 SC218786 c:FRS102 2023-01-01 2023-12-31 SC218786 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 SC218786 c:FullAccounts 2023-01-01 2023-12-31 SC218786 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 SC218786 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: SC218786









TEAM CONTRACT SERVICES (SCOTLAND) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
TEAM CONTRACT SERVICES (SCOTLAND) LIMITED
REGISTERED NUMBER: SC218786

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
18,366
87,547

Cash at bank and in hand
 5 
-
26,420

  
18,366
113,967

Creditors: amounts falling due within one year
 6 
(14,366)
(38,135)

Net current assets
  
 
 
4,000
 
 
75,832

Total assets less current liabilities
  
4,000
75,832

  

Net assets
  
4,000
75,832


Capital and reserves
  

Called up share capital 
 7 
4,000
4,000

Profit and loss account
  
-
71,832

  
4,000
75,832


Page 1

 
TEAM CONTRACT SERVICES (SCOTLAND) LIMITED
REGISTERED NUMBER: SC218786
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023

For the year ended 31 December 2023 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the Statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 September 2024.




N J Earley
Director

The notes on pages 5 to 9 form part of these financial statements.

Page 2

 
TEAM CONTRACT SERVICES (SCOTLAND) LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2023


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 January 2023
4,000
71,832
75,832
Total comprehensive income for the year
-
-
-


Contributions by and distributions to owners

Dividends: Equity capital
-
(71,832)
(71,832)


At 31 December 2023
4,000
-
4,000


The notes on pages 5 to 9 form part of these financial statements.

Page 3

 
TEAM CONTRACT SERVICES (SCOTLAND) LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 31 DECEMBER 2022


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 January 2022
4,000
71,174
75,174


Comprehensive income for the year

Profit for the year
-
658
658
Total comprehensive income for the year
-
658
658


Total transactions with owners
-
-
-


At 31 December 2022
4,000
71,832
75,832


The notes on pages 5 to 9 form part of these financial statements.

Page 4

 
TEAM CONTRACT SERVICES (SCOTLAND) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Team Contract Services (Scotland) Limited is a company limited by shares, incorporated in Scotland. The address of the registered office is Craigton House, 133 Barfillan Drive, Glasgow, Scotland, G52 1BY.
The Company specialise in providing  combined facilities support activities but is now dormant.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

Following a group restructure, the Directors have no future plans for the company and have ceased operations.
The Directors, therefore, do not consider that the going concern basis is appropriate for these financial statements and have instead prepared the financial statements on a basis other than going concern. This basis included all assets at their recoverable amounts rather than their historical costs; and makes provisions for the costs of disposals of the assets. All assets and liabilities are treated as recoverable and payable within one year.

Page 5

 
TEAM CONTRACT SERVICES (SCOTLAND) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to the Statement of comprehensive income on a straight-line basis over the lease term.

 
2.4

Finance costs

Finance costs are charged to the Statement of comprehensive income over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 6

 
TEAM CONTRACT SERVICES (SCOTLAND) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

Taxation

Tax is recognised in the Statement of comprehensive income except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 79).

Page 7

 
TEAM CONTRACT SERVICES (SCOTLAND) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Debtors

2023
2022
£
£


Trade debtors
18,366
23,811

Amounts owed by group undertakings
-
63,736

18,366
87,547



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
-
26,420

-
26,420



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
902
-

Corporation tax
-
211

Other taxation and social security
-
55

Obligations under finance lease and hire purchase contracts
13,464
15,278

Accruals and deferred income
-
22,591

14,366
38,135


Obligations under finance lease and hire purchase contracts are secured against the assets to which they relate.
The company has an invoice discounting arrangement in place with HSBC Bank Plc. There is a fixed charge held over the debtor book in respect of this.

Page 8

 
TEAM CONTRACT SERVICES (SCOTLAND) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



4,000 Ordinary shares of £1 each
4,000
4,000



8.


Pension commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £Nil (2022 - £6,091). Contributions totaling £Nil (2022 - £9,991) were outstanding as at year end.


9.


Related party transactions

The Company has taken advantage of the exemption allowed by FRS 102 not to disclose any transactions with other wholly owned group members.


10.


Controlling party

The ultimate parent company is Atlas FM Group Limited (formelry known as Atlas FM Limited), a company incorporated in England and Wales. That Company has prepared group accounts for the period ended 31 December 2023. Consolidated accounts for Atlas FM Group Limited, for which the registered office is Riding Court House, Riding Court Road, Datchet, Berkshire, England, SL3 9JT are available at Companies House, Crown Way, Maindy, Cardiff, CF14 3UZ. This is the only company in the group which prepares consolidated accounts.
The directors are of the opinion that N J Earley and R W Empson are the ultimate controlling parties.

 
Page 9