1 April 2023 false No description of principal activity Taxfiler 2024.6 12625905business:PrivateLimitedCompanyLtd2023-04-012024-03-31 126259052023-03-31 126259052023-04-012024-03-31 12625905business:AuditExempt-NoAccountantsReport2023-04-012024-03-31 12625905business:FilletedAccounts2023-04-012024-03-31 126259052024-03-31 12625905business:Director12023-04-012024-03-31 12625905business:CompanySecretary12023-04-012024-03-31 12625905business:RegisteredOffice2023-04-012024-03-31 126259052023-03-31 12625905core:WithinOneYear2024-03-31 12625905core:WithinOneYear2023-03-31 12625905core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 12625905core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 12625905core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 12625905core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 12625905core:PreviouslyStatedAmount2024-03-31 12625905core:PreviouslyStatedAmount2023-03-31 12625905business:SmallEntities2023-04-012024-03-31 12625905countries:EnglandWales2023-04-012024-03-31 12625905core:ComputerEquipment2023-03-31 12625905core:ComputerEquipment2024-03-31 12625905core:ComputerEquipment2023-04-012024-03-31 126259052022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 12625905 (England and Wales)
TEAM GB GROUP LTD Unaudited accounts for the year ended 31 March 2024
TEAM GB GROUP LTD Unaudited accounts Contents
Page
- 2 -
TEAM GB GROUP LTD Company Information for the year ended 31 March 2024
Director
Jessica Selorm Abla Buatsi
Secretary
Ebenezer Gberbie
Company Number
12625905 (England and Wales)
Registered Office
1 SOUTHEND CLOSE LONDON SE9 2SE ENGLAND
- 3 -
TEAM GB GROUP LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,080 
2,600 
Current assets
Debtors
12,701 
10,684 
Cash at bank and in hand
125 
10 
12,826 
10,694 
Creditors: amounts falling due within one year
(998)
(3,582)
Net current assets
11,828 
7,112 
Net assets
13,908 
9,712 
Capital and reserves
Called up share capital
905 
905 
Profit and loss account
13,003 
8,807 
Shareholders' funds
13,908 
9,712 
For the year ending 31 March 2024 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 December 2024 and were signed on its behalf by
Jessica Selorm Abla Buatsi Director Company Registration No. 12625905
- 4 -
TEAM GB GROUP LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
TEAM GB GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 12625905. The registered office is 1 SOUTHEND CLOSE, LONDON, SE9 2SE, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
2,600 
At 31 March 2024
2,600 
Depreciation
Charge for the year
520 
At 31 March 2024
520 
Net book value
At 31 March 2024
2,080 
At 31 March 2023
2,600 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
12,701 
10,684 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
998 
3,582 
- 5 -
TEAM GB GROUP LTD Notes to the Accounts for the year ended 31 March 2024
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -