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Registration number: SC777883

Teamhold Ltd
Unaudited Filleted Financial Statements
for the Year Ended 31 August 2025

Teamhold Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 8

Teamhold Ltd

Company Information

Directors | Mr Stephen John Ross Amy Freya Ross

Company secretary | Mr Stephen John Ross

Registered office | Hudson House Albany Street Edinburgh EH1 3QB

Accountants | Beckett Rawcliffe Limited Unit 17, Beckett House Sovereign Court Wyrefields Poulton Le Fylde Lancashire FY6 8JX

Teamhold Ltd

(Registration number: SC777883)
Balance Sheet as at 31 August 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Investments | 4 | 2,579,287 | 2,164,236
Current assets |  |  |
Debtors | 5 | 85 | 668,392
Other financial assets |  | 228,217 | -
Cash at bank and in hand |  | 338,654 | 436,726
|  | 566,956 | 1,105,118
Creditors: Amounts falling due within one year | 6 | (116,008) | (446,617)
Net current assets |  | 450,948 | 658,501
Net assets |  | 3,030,235 | 2,822,737
Capital and reserves |  |  |
Called up share capital | 7 | 100 | 100
Share premium reserve |  | 2,163,535 | 2,163,535
Retained earnings |  | 866,600 | 659,102
Shareholders' funds |  | 3,030,235 | 2,822,737

For the financial year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 20 November 2025 and signed on its behalf by:

......................................... Mr Stephen John Ross Company secretary and director |  |

Teamhold Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1 | General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
Hudson House
Albany Street
Edinburgh
EH1 3QB
Scotland

These financial statements were authorised for issue by the Board on 20 November 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Teamhold Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Teamhold Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

4 | Investments

| 2025 £ | 2024 £
Investments in subsidiaries | 375,851 | 800
Investments in associates | 2,203,436 | 2,163,436
| 2,579,287 | 2,164,236

Subsidiaries | £
Cost or valuation
At 1 September 2024 | 800
Additions | 375,051
At 31 August 2025 | 375,851
Provision
Carrying amount
At 31 August 2025 | 375,851
At 31 August 2024 | 800

Associates | £
Cost
At 1 September 2024 | 2,163,436
Additions | 40,000
At 31 August 2025 | 2,203,436
Provision
Carrying amount
At 31 August 2025 | 2,203,436
At 31 August 2024 | 2,163,436

Teamhold Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Aggregate financial information of associates

| 2025 £ | 2024 £

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking | Registered office | Holding | Proportion of voting rights and shares held
|  |  | 2025 | 2024
Subsidiary undertakings
Skamper Ltd | Hudson House, 8 Albany Street, Edinburgh Scotland | Ordinary | 70% | 80%
Big Trail Adventures Ltd | Hudson House, 8 Albany Street, Edinburgh Scotland | Ordinary | 99.96% | 0%
Associates
Huntress Group Ltd | Red Lion Buildings, 12 Cock Lane, London | Ordinary | 26.35% | 26.35%
| England & Wales |  |  |
Vertebrate Publishing Ltd | Omega Court, 352 Cemetary Road, Sheffield | Ordinary | 50% | 50%
| England & Wales |  |  |

Subsidiary undertakings
Skamper Ltd The principal activity of Skamper Ltd is Software development.
Big Trail Adventures Ltd The principal activity of Big Trail Adventures Ltd is Activities of tourist guides.

Teamhold Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Associates
Huntress Group Ltd The principal activity of Huntress Group Ltd is Employment Agency.
Vertebrate Publishing Ltd The principal activity of Vertebrate Publishing Ltd is Publisher.

5 | Debtors

Current | Note | 2025 £ | 2024 £
Amounts owed by related parties | 8 | - | 668,392
Other debtors |  | 85 | -
|  | 85 | 668,392

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 8 | 106,000 | -
Taxation and social security |  | 9,288 | 5,592
Accruals and deferred income |  | 720 | 720
Other creditors |  | - | 440,305
|  | 116,008 | 446,617

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 100 | 100 | 100 | 100

8 | Related party transactions

Summary of transactions with subsidiaries

Teamhold Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Skamper Ltd
Big Trail Adventures Ltd

Summary of transactions with associates

Vertebrate Loan
Monitoring fees
Interest free

Income and receivables from related parties

2025

2024 | Associates £
Receipt of services | 30,640

Loans to related parties

2025 | Subsidiary £ | Associates £ | Total £
At start of period | 283,000 | 385,392 | 668,392
Repaid | (283,000) | (385,392) | (668,392)
At end of period | - | - | -

2024 | Subsidiary £ | Associates £ | Total £
Advanced | 283,000 | 440,392 | 723,392
Repaid | - | (55,000) | (55,000)
At end of period | 283,000 | 385,392 | 668,392

Loans from related parties

2025 | Subsidiary £ | Total £
Advanced | 106,000 | 106,000
At end of period | 106,000 | 106,000

9 | Parent and ultimate parent undertaking

The ultimate controlling party is Stephen John Ross.