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REGISTERED NUMBER: 06257049 (England and Wales)






























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

THE TEACHING TEAM LTD

THE TEACHING TEAM LTD (REGISTERED NUMBER: 06257049)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE TEACHING TEAM LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: Miss R Grant





REGISTERED OFFICE: Unit 12 Linwood Workshops
Linwood Lane
Leicester
Leicestershire
LE2 6QJ





REGISTERED NUMBER: 06257049 (England and Wales)

THE TEACHING TEAM LTD (REGISTERED NUMBER: 06257049)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 84,302 4,515

CURRENT ASSETS
Debtors 5 220,118 221,168
Cash at bank and in hand 401,578 422,105
621,696 643,273
CREDITORS
Amounts falling due within one year 6 629,276 591,370
NET CURRENT (LIABILITIES)/ASSETS (7,580 ) 51,903
TOTAL ASSETS LESS CURRENT
LIABILITIES

76,722

56,418

PROVISIONS FOR LIABILITIES 7 20,523 479
NET ASSETS 56,199 55,939

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 56,099 55,839
SHAREHOLDERS' FUNDS 56,199 55,939

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

THE TEACHING TEAM LTD (REGISTERED NUMBER: 06257049)

BALANCE SHEET - continued
31 AUGUST 2024


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 director and authorised for issue on 22 May 2025 and were signed by:





Miss R Grant - Director


THE TEACHING TEAM LTD (REGISTERED NUMBER: 06257049)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024


1. STATUTORY INFORMATION

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

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax. It is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Revenue is recognised in the period to which the work has been completed.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 15% on reducing balance
Office equipment - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


THE TEACHING TEAM LTD (REGISTERED NUMBER: 06257049)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term trade 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

THE TEACHING TEAM LTD (REGISTERED NUMBER: 06257049)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024


4. TANGIBLE FIXED ASSETS
Short Office Motor
leasehold equipment vehicles Totals
£    £    £    £   
COST
At 1 September 2023 16,033 22,272 - 38,305
Additions - - 84,162 84,162
At 31 August 2024 16,033 22,272 84,162 122,467
DEPRECIATION
At 1 September 2023 13,434 20,356 - 33,790
Charge for year 390 478 3,507 4,375
At 31 August 2024 13,824 20,834 3,507 38,165
NET BOOK VALUE
At 31 August 2024 2,209 1,438 80,655 84,302
At 31 August 2023 2,599 1,916 - 4,515

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 144,610 142,087
Other debtors 70 705
Directors' current accounts 37,626 51,114
Taxation 16,951 16,951
VAT 19,544 -
Prepayments 1,317 10,311
220,118 221,168

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 2,105 1,817
Amounts owed to group undertakings 549,639 468,358
Taxation 64,689 79,818
Paye/Ni payable 204 -
VAT - 21,338
Accruals and deferred income 12,639 20,039
629,276 591,370

THE TEACHING TEAM LTD (REGISTERED NUMBER: 06257049)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024


7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 20,523 479

Deferred
tax
£   
Balance at 1 September 2023 479
Movement 20,044
Balance at 31 August 2024 20,523

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023:

2024 2023
£    £   
Miss R Grant
Balance outstanding at start of year 51,114 82,779
Amounts advanced 158,318 69,440
Amounts repaid (171,806 ) (101,105 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 37,626 51,114

The loan is repayable on demand and interest has been charged at HMRC approved rate of 2.5%.

10. ULTIMATE CONTROLLING PARTY

The controlling party is Carnero Holdings Limited.