Acorah Software Products - Accounts Production 16.2.850 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 OC396116 R&F REGITECH FINANCIAL LTD REGITECH TECHNOLOGIES LTD iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC396116 2023-10-31 OC396116 2024-10-31 OC396116 2023-11-01 2024-10-31 OC396116 frs-core:CurrentFinancialInstruments 2024-10-31 OC396116 frs-core:PlantMachinery 2023-11-01 2024-10-31 OC396116 frs-bus:LimitedLiabilityPartnershipLLP 2023-11-01 2024-10-31 OC396116 frs-bus:LimitedLiabilityPartnershipsSORP 2023-11-01 2024-10-31 OC396116 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 OC396116 frs-bus:SmallEntities 2023-11-01 2024-10-31 OC396116 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 OC396116 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 OC396116 frs-countries:EnglandWales 2023-11-01 2024-10-31 OC396116 frs-bus:PartnerLLP1 2023-11-01 2024-10-31 OC396116 frs-bus:PartnerLLP2 2023-11-01 2024-10-31 OC396116 2022-10-31 OC396116 2023-10-31 OC396116 2022-11-01 2023-10-31 OC396116 frs-core:CurrentFinancialInstruments 2023-10-31
Registered number: OC396116
TEAM ONE MANAGEMENT LLP
Unaudited Financial Statements
For The Year Ended 31 October 2024
Accountancy Group Ltd
TEAM ONE MANAGEMENT LLP
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3

Page 1
TEAM ONE MANAGEMENT LLP
Balance Sheet
As At 31 October 2024
Balance Sheet
Registered number: OC396116

| 2024 | 2023
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets |  |  | 9,601 |  | 9,601
|  |  | 9,601 |  | 9,601
CURRENT ASSETS
Debtors |  | 113,309 |  | 113,309 |
|  | 113,309 |  | 113,309 |
Creditors: Amounts Falling Due Within One Year | 4 | (720 ) |  | - |
NET CURRENT ASSETS (LIABILITIES) |  |  | 112,589 |  | 113,309
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 122,190 |  | 122,910
NET ASSETS ATTRIBUTABLE TO MEMBERS |  |  | 122,190 |  | 122,910
REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability |  | 26,194 |  | 49,150 |
|  |  | 26,194 |  | 49,150
Equity
Members' other interests
Other reserves |  | 95,996 |  | 73,760 |
|  |  | 95,996 |  | 73,760
|  |  | 122,190 |  | 122,910
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year |  |  | 26,194 |  | 49,150
Members' other interests |  |  | 95,996 |  | 73,760
|  |  | 122,190 |  | 122,910

Page 1
Page 2
TEAM ONE MANAGEMENT LLP
Balance Sheet (continued)
As At 31 October 2024
For the year ending 31 October 2024 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)
The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.
The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.
On behalf of the members

R&F REGITECH FINANCIAL LTD Designated Member
03/09/2025

The notes on page 3 form part of these financial statements.
Page 2
Page 3
TEAM ONE MANAGEMENT LLP
Notes to the Financial Statements
For The Year Ended 31 October 2024
Notes to the Financial Statements
1. General Information
TEAM ONE MANAGEMENT LLP is a limited liability partnership, incorporated in England & Wales, registered number OC396116 . The Registered Office is SVS HOUSE, 2B OLIVER GROVE, SE25 6EJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).
The financial statements are prepared in sterling which is the functional currency of the LLP.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery | 0%

3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: NIL (2023: NIL)
- -
4. Creditors: Amounts Falling Due Within One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Accruals and deferred income | 720 |  | -

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