PTP Accounts Production v25.1.3.33 01593504 director 29.2.24 28.2.25 28.2.25 0 0 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh015935042024-02-28015935042025-02-28015935042024-02-292025-02-28015935042023-02-28015935042023-03-012024-02-28015935042024-02-2801593504ns15:EnglandWales2024-02-292025-02-2801593504ns14:PoundSterling2024-02-292025-02-2801593504ns10:Director12024-02-292025-02-2801593504ns10:PrivateLimitedCompanyLtd2024-02-292025-02-2801593504ns10:SmallEntities2024-02-292025-02-2801593504ns10:AuditExempt-NoAccountantsReport2024-02-292025-02-2801593504ns10:SmallCompaniesRegimeForDirectorsReport2024-02-292025-02-2801593504ns10:SmallCompaniesRegimeForAccounts2024-02-292025-02-2801593504ns10:FullAccounts2024-02-292025-02-2801593504ns10:EntityNoLongerTradingButTradedInPast2024-02-292025-02-2801593504ns10:OrdinaryShareClass12024-02-292025-02-2801593504ns10:CompanySecretary12024-02-292025-02-2801593504ns10:RegisteredOffice2024-02-292025-02-2801593504ns5:CurrentFinancialInstruments2025-02-2801593504ns5:CurrentFinancialInstruments2024-02-2801593504ns5:ShareCapital2025-02-2801593504ns5:ShareCapital2024-02-2801593504ns5:RetainedEarningsAccumulatedLosses2025-02-2801593504ns5:RetainedEarningsAccumulatedLosses2024-02-2801593504ns5:PlantMachinery2024-02-2801593504ns5:PlantMachinery2025-02-2801593504ns5:PlantMachinery2024-02-2801593504ns10:OrdinaryShareClass12025-02-28
REGISTERED NUMBER: 01593504 (England and Wales)















Unaudited Financial Statements For The Year Ended 28 February 2025

for

Team Lotus Limited

Team Lotus Limited (Registered number: 01593504)






Contents of the Financial Statements
For The Year Ended 28 February 2025




Page

Company information 1

Balance sheet 2

Notes to the financial statements 3


Team Lotus Limited

Company Information
For The Year Ended 28 February 2025







Director: C K Chapman





Secretary: CK Chapman





Registered office: Hethel Industrial Estate
Potash Lane
Hethel
Wymondham
Norfolk
NR14 8EY





Registered number: 01593504 (England and Wales)





Accountants: SMD Accounts LLP
Chartered Certified Accountants
The Vineyards
Knox Lane, Bardwell
Bury St Edmunds
Suffolk
IP31 1AX

Team Lotus Limited (Registered number: 01593504)

Balance Sheet
28 February 2025

2025 2024
Notes £    £    £   
Fixed assets
Tangible assets 4 1 1

Creditors
Amounts falling due within one year 5 2,945 2,945
Net current liabilities (2,945 ) (2,945 )
Total assets less current liabilities (2,944 ) (2,944 )

Capital and reserves
Called up share capital 6 2 2
Retained earnings (2,946 ) (2,946 )
Shareholders' funds (2,944 ) (2,944 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 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 6 August 2025 and were signed by:





C K Chapman - Director


Team Lotus Limited (Registered number: 01593504)

Notes to the Financial Statements
For The Year Ended 28 February 2025

1. Statutory information

Team Lotus Limited 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.

2. Accounting policies

Accounting convention
These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" (FRS 102) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Tangible fixed assets
Fixed assets are stated at cost.

3. Employees and directors

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

4. Tangible fixed assets
Plant and
machinery
etc
£   
Cost
At 29 February 2024
and 28 February 2025 1
Net book value
At 28 February 2025 1
At 28 February 2024 1

5. Creditors: amounts falling due within one year
2025 2024
£    £   
Amounts owed to group undertakings 2,945 2,945

6. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
2 Ordinary £1 2 2