REGISTERED NUMBER: 07129612 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

GO TEAM LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr A J Sutton

REGISTERED OFFICE:

Equinox House

Clifton Park Avenue

Shipton Road

York

North Yorkshire

YO30 5PA

REGISTERED NUMBER:

07129612 (England and Wales)

ACCOUNTANTS:

Fortus Limited

Business Advisors & Accountants

Equinox House

Clifton Park, Shipton Road

York

Yorkshire

YO30 5PA

FIXED ASSETS

Tangible assets

4

-

84

Investments

5

938,966

779,252

Investment property

6

809,100

666,899

1,748,066

1,446,235

CURRENT ASSETS

Debtors

7

2,201

66,423

Investments

8

26

26

Cash at bank and in hand

208,952

212,010

211,179

278,459

CREDITORS

Amounts falling due within one year

9

17,437

312,787

NET CURRENT ASSETS/(LIABILITIES)

193,742

(34,328

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,941,808

1,411,907

CREDITORS

Amounts falling due after more than one year

10

3,333

13,838

NET ASSETS

1,938,475

1,398,069

CAPITAL AND RESERVES

Called up share capital

11

200

200

Retained earnings

1,938,275

1,397,869

SHAREHOLDERS' FUNDS

1,938,475

1,398,069

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 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 24 October 2025 and were signed by:

Mr A J Sutton - Director

1.	STATUTORY INFORMATION

Go Team 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

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 as modified by the revaluation of certain assets.

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.

Fixtures and fittings

-

15% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Going concern

At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

4,268

34,790

8,259

47,317

Disposals

(4,268

)

(34,790

)

(8,259

)

(47,317

)

At 31 March 2025

-

-

-

-

DEPRECIATION

At 1 April 2024

4,184

34,790

8,259

47,233

Eliminated on disposal

(4,184

)

(34,790

)

(8,259

)

(47,233

)

At 31 March 2025

-

-

-

-

NET BOOK VALUE

At 31 March 2025

-

-

-

-

At 31 March 2024

84

-

-

84

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 April 2024

779,252

Additions

375,850

Disposals

(217,129

)

Revaluations

993

At 31 March 2025

938,966

NET BOOK VALUE

At 31 March 2025

938,966

At 31 March 2024

779,252

Cost or valuation at 31 March 2025 is represented by:

Other

investments

£

Valuation in 2023

558,037

Valuation in 2024

221,215

Valuation in 2025

159,714

938,966

If fixed asset investments had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

885,090

726,360

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

666,899

Additions

92,196

Revaluations

50,005

At 31 March 2025

809,100

NET BOOK VALUE

At 31 March 2025

809,100

At 31 March 2024

666,899

Investment property comprises of residential properties and the fair value has been arrived at on the basis of a valuation carried out at 31 March 2025 by the director of the company. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

Fair value at 31 March 2025 is represented by:

£

Valuation in 2025

809,100

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

1,325

Other debtors

2,201

65,098

2,201

66,423

8.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Shares in group undertakings

26

26

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,000

9,748

Trade creditors

3,177

3,010

Other creditors

4,260

300,029

17,437

312,787

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

3,333

13,838

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

200

Ordinary

1

200

200

12.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

Mr A J Sutton

Balance outstanding at start of year

-

-

Amounts advanced

3,115

13,370

Amounts repaid

(3,115

)

(13,370

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

13.	RELATED PARTY DISCLOSURES

Included in other creditors is £Nil (2024: £295,988) due to A.J.S. Services (Yorkshire) Limited. Mr A J Sutton is a director of A.J.S. Services (Yorkshire) Limited.