REGISTERED NUMBER: 13897717 (England and Wales)

Team Support Group Limited

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J L Hill

REGISTERED OFFICE:

Sterling House

97 Lichfield Street

Tamworth

Staffordshire

B79 7QF

REGISTERED NUMBER:

13897717 (England and Wales)

ACCOUNTANTS:

TC Group

Sterling House

97 Lichfield Street

Tamworth

Staffordshire

B79 7QF

FIXED ASSETS

Tangible assets

4

3,040

2,507

Investments

5

15,907

16,611

18,947

19,118

CURRENT ASSETS

Debtors

6

192,005

86,409

Cash at bank

2,451

2,213

194,456

88,622

CREDITORS

Amounts falling due within one year

7

211,377

106,023

NET CURRENT LIABILITIES

(16,921

)

(17,401

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,026

1,717

PROVISIONS FOR LIABILITIES

578

476

NET ASSETS

1,448

1,241

CAPITAL AND RESERVES

Called up share capital

8

200

200

Retained earnings

1,248

1,041

SHAREHOLDERS' FUNDS

1,448

1,241

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 26 June 2025 and were signed by:

J L Hill - Director

1.	STATUTORY INFORMATION

Team Support Group 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.

Plant and machinery etc

-

33% on cost

Investments in subsidiaries

Investment is subsidiary undertakings are recognised at fair value valuation.

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.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

3,695

Additions

2,052

At 31 March 2025

5,747

DEPRECIATION

At 1 April 2024

1,188

Charge for year

1,519

At 31 March 2025

2,707

NET BOOK VALUE

At 31 March 2025

3,040

At 31 March 2024

2,507

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST OR VALUATION

At 1 April 2024

16,611

Revaluations

(704

)

At 31 March 2025

15,907

NET BOOK VALUE

At 31 March 2025

15,907

At 31 March 2024

16,611

Cost or valuation at 31 March 2025 is represented by:

Shares in

group

undertakings

£

Valuation in 2023

(1,366,086

)

Valuation in 2024

(624,900

)

Valuation in 2025

(704

)

Cost

2,007,597

15,907

The company purchased the share capital of Team Support Midlands Limited for £1,365,249.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

141,287

76,688

Amounts owed by associates

27,473

-

Other debtors

23,245

9,721

192,005

86,409

Trade debtors are factored. Factored debt advances are included within creditors.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

14,752

4,111

Amounts owed to group undertakings

9,836

11,006

Amounts owed to associates

-

667

Taxation and social security

42,908

15,273

Other creditors

143,881

74,966

211,377

106,023

Other creditors includes factored debt advances amounting to £45,106 (2024 - £12,514).

The factoring company has a fixed and floating charge over all the assets of the company.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

A ordinary shares

£1

100

100

100

B ordinary Shares

£1

100

100

200

200

100 ordinary £1 shares were converted to 100 A ordinary £1 shares during the year.

9.	RELATED PARTY DISCLOSURES

Other creditors includes an amount of £46,941 (2024 - £23,900) due to J L Hill, the director of the company. The loan has no fixed payment period and is interest free.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is J L Hill.