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REGISTERED NUMBER: SC400797 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

Team Services (Scotland) Ltd

Team Services (Scotland) Ltd (Registered number: SC400797)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Team Services (Scotland) Ltd

COMPANY INFORMATION
for the Year Ended 31 March 2025







DIRECTORS: Mr C McCann
Mr P F Ferguson
Mr R Maguire





REGISTERED OFFICE: 99 Main Street
Baillieston
Glasgow
G69 6AA





REGISTERED NUMBER: SC400797 (Scotland)





ACCOUNTANTS: R.A.M.
Unit 17, Colvilles Park
Kelvin Industrial Estate
East Kilbride
South Lanarkshire
G75 0GZ

Team Services (Scotland) Ltd (Registered number: SC400797)

BALANCE SHEET
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 431,574 234,977

CURRENT ASSETS
Stocks 5 536,354 22,816
Debtors 6 1,805,410 531,112
Cash at bank and in hand 625,552 659,912
2,967,316 1,213,840
CREDITORS
Amounts falling due within one year 7 1,852,973 952,198
NET CURRENT ASSETS 1,114,343 261,642
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,545,917

496,619

CREDITORS
Amounts falling due after more than one
year

8

295,935

132,766
NET ASSETS 1,249,982 363,853

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 1,249,882 363,753
SHAREHOLDERS' FUNDS 1,249,982 363,853

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Team Services (Scotland) Ltd (Registered number: SC400797)

BALANCE SHEET - continued
31 March 2025


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 April 2025 and were signed on its behalf by:





Mr C McCann - Director


Team Services (Scotland) Ltd (Registered number: SC400797)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2025


1. STATUTORY INFORMATION

Team Services (Scotland) Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% Straight Line
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2024 - 15 ) .

Team Services (Scotland) Ltd (Registered number: SC400797)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2025


4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 April 2024 80,840 9,068 3,297
Additions - - -
At 31 March 2025 80,840 9,068 3,297
DEPRECIATION
At 1 April 2024 - 8,090 2,308
Charge for year - 977 247
At 31 March 2025 - 9,067 2,555
NET BOOK VALUE
At 31 March 2025 80,840 1 742
At 31 March 2024 80,840 978 989

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2024 217,538 88,754 399,497
Additions 314,545 - 314,545
At 31 March 2025 532,083 88,754 714,042
DEPRECIATION
At 1 April 2024 95,041 59,081 164,520
Charge for year 108,971 7,753 117,948
At 31 March 2025 204,012 66,834 282,468
NET BOOK VALUE
At 31 March 2025 328,071 21,920 431,574
At 31 March 2024 122,497 29,673 234,977

5. STOCKS
31.3.25 31.3.24
£    £   
Work-in-progress 536,354 22,816

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 1,805,410 531,112

Team Services (Scotland) Ltd (Registered number: SC400797)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2025


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Hire purchase contracts 71,090 36,986
Trade creditors 634,474 167,346
Taxation and social security 1,004,744 269,941
Other creditors 142,665 477,925
1,852,973 952,198

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Hire purchase contracts 270,935 47,766
Other creditors 25,000 85,000
295,935 132,766

9. SECURED DEBTS

The following secured debts are included within creditors:

31.3.25 31.3.24
£    £   

CBILS Loan of £220,000 is secured by a floating charge over company assets.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
100 Ordinary £1 100 100

11. RELATED PARTY DISCLOSURES

The ultimate controlling party is UK Team Services Ltd (SC581886).