REGISTERED NUMBER: 14732059 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Team AV Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L Hilburn

S P Pittaway

REGISTERED OFFICE:

10 Park Grove

Brayton

Selby

North Yorkshire

YO8 9DR

REGISTERED NUMBER:

14732059 (England and Wales)

ACCOUNTANTS:

CFA Tax Limited

Room 4

Selby Times Business Centre

11 The Crescent

Selby

North Yorkshire

YO8 4PD

FIXED ASSETS

Tangible assets

4

41,143

27,761

CURRENT ASSETS

Debtors

5

17,654

23,663

Cash at bank

21,173

24,282

38,827

47,945

CREDITORS

Amounts falling due within one year

6

49,925

41,133

NET CURRENT (LIABILITIES)/ASSETS

(11,098

)

6,812

TOTAL ASSETS LESS CURRENT LIABILITIES

30,045

34,573

CREDITORS

Amounts falling due after more than one year

7

27,375

17,662

NET ASSETS

2,670

16,911

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

2,668

16,909

SHAREHOLDERS' FUNDS

2,670

16,911

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 directors acknowledge their 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 Board of Directors and authorised for issue on 28 November 2025 and were signed on its behalf by:

L Hilburn - Director

S P Pittaway - Director

1.	STATUTORY INFORMATION

Team AV Ltd 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.

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

-

50% on cost and 33% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

30,114

Additions

24,775

At 31 March 2025

54,889

DEPRECIATION

At 1 April 2024

2,353

Charge for year

11,393

At 31 March 2025

13,746

NET BOOK VALUE

At 31 March 2025

41,143

At 31 March 2024

27,761

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

17,654

13,131

Other debtors

-

10,532

17,654

23,663

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

12,436

4,608

Trade creditors

901

2,322

Taxation and social security

20,998

15,136

Other creditors

15,590

19,067

49,925

41,133

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

27,375

17,662