Team to Breathe Limited 15360966 false 2023-12-19 2024-12-31 2024-12-31 The principal activity of the company is Team building and wellbeing services Digita Accounts Production Advanced 6.30.9574.0 true 15360966 2023-12-19 2024-12-31 15360966 2024-12-31 15360966 bus:OrdinaryShareClass1 bus:CumulativeShares 2024-12-31 15360966 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 15360966 core:ConstructionInProgressAssetsUnderConstruction 2024-12-31 15360966 core:FurnitureFittings 2024-12-31 15360966 core:OfficeEquipment 2024-12-31 15360966 core:PlantMachinery 2024-12-31 15360966 bus:SmallEntities 2023-12-19 2024-12-31 15360966 bus:AuditExemptWithAccountantsReport 2023-12-19 2024-12-31 15360966 bus:FilletedAccounts 2023-12-19 2024-12-31 15360966 bus:SmallCompaniesRegimeForAccounts 2023-12-19 2024-12-31 15360966 bus:RegisteredOffice 2023-12-19 2024-12-31 15360966 bus:Director1 2023-12-19 2024-12-31 15360966 bus:Director2 2023-12-19 2024-12-31 15360966 bus:OrdinaryShareClass1 bus:CumulativeShares 2023-12-19 2024-12-31 15360966 bus:PrivateLimitedCompanyLtd 2023-12-19 2024-12-31 15360966 bus:Agent1 2023-12-19 2024-12-31 15360966 core:Buildings 2023-12-19 2024-12-31 15360966 core:ConstructionInProgressAssetsUnderConstruction 2023-12-19 2024-12-31 15360966 core:FurnitureFittings 2023-12-19 2024-12-31 15360966 core:OfficeEquipment 2023-12-19 2024-12-31 15360966 core:PlantMachinery 2023-12-19 2024-12-31 15360966 countries:AllCountries 2023-12-19 2024-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 15360966

Team to Breathe Limited

Unaudited Filleted Financial Statements

for the Period from 19 December 2023 to 31 December 2024

 

Team to Breathe Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Team to Breathe Limited

Company Information

Directors

Mrs D E Waterman

Mr N L Waterman

Registered office

1 - 3 Chester Road
Neston
Cheshire
CH64 9PA

Accountants

Phillip Bates & Co Limited 1 - 3 Chester Road
Neston
Cheshire
CH64 9PA

 

Team to Breathe Limited

(Registration number: 15360966)
Balance Sheet as at 31 December 2024

Note

2024
£

Fixed assets

 

Tangible assets

4

27,052

Current assets

 

Cash at bank and in hand

 

1,363

Creditors: Amounts falling due within one year

5

(43,932)

Net current liabilities

 

(42,569)

Net liabilities

 

(15,517)

Capital and reserves

 

Called up share capital

6

100

Retained earnings

(15,617)

Shareholders' deficit

 

(15,517)

For the financial period ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 14 April 2025 and signed on its behalf by:
 

.........................................
Mrs D E Waterman
Director

 

Team to Breathe Limited

Notes to the Unaudited Financial Statements for the Period from 19 December 2023 to 31 December 2024

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
1 - 3 Chester Road
Neston
Cheshire
CH64 9PA
England

These financial statements were authorised for issue by the Board on 14 April 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Property improvements

20% straight line basis

Animals

20% straight line basis

 

Team to Breathe Limited

Notes to the Unaudited Financial Statements for the Period from 19 December 2023 to 31 December 2024

Plant and machinery

20% straight line basis

Office equipment

33.3% straight line basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2.

 

Team to Breathe Limited

Notes to the Unaudited Financial Statements for the Period from 19 December 2023 to 31 December 2024

4

Tangible assets

Property improvements
 £

Animals
£

Plant and machinery
£

Office equipment
£

Cost or valuation

Additions

8,944

14,540

8,665

2,000

At 31 December 2024

8,944

14,540

8,665

2,000

Depreciation

Charge for the period

1,789

2,908

1,733

667

At 31 December 2024

1,789

2,908

1,733

667

Carrying amount

At 31 December 2024

7,155

11,632

6,932

1,333

Total
£

Cost or valuation

Additions

34,149

At 31 December 2024

34,149

Depreciation

Charge for the period

7,097

At 31 December 2024

7,097

Carrying amount

At 31 December 2024

27,052

5

Creditors

Creditors: amounts falling due within one year

2024
£

Due within one year

Accruals and deferred income

1,500

Other creditors

42,432

43,932

 

Team to Breathe Limited

Notes to the Unaudited Financial Statements for the Period from 19 December 2023 to 31 December 2024

6

Share capital

Allotted, called up and fully paid shares

2024

No.

£

Ordinary shares of £1 each

100

100