Teamwork Limited

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

Registered number: 03952986

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,024		1,365

			1,024		1,365
CURRENT ASSETS
Debtors	5	886		783

		886		783
Creditors: Amounts Falling Due Within One Year	6	(202,117 )		(194,362 )

NET CURRENT ASSETS (LIABILITIES)			(201,231 )		(193,579 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(200,207 )		(192,214 )

NET LIABILITIES			(200,207 )		(192,214 )

CAPITAL AND RESERVES
Called up share capital	7		1,000		1,000
Profit and Loss Account			(201,207 )		(193,214 )

SHAREHOLDERS' FUNDS			(200,207)		(192,214)

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

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Victor Arnold

Director

17/12/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Teamwork Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03952986 . The registered office is 12 Pigeon Lane, Hampton, Middlesex, TW12 1AE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The accounts have been prepared on the going concern basis which, in the opinion of the director, is appropriate. However, the balance sheet at page 5 shows that the company is insolvent. The director has pleadged his continuing support to the company and will not seek repayment of the sums owed to him until such time as the company becomes solvent.

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:

Computer Equipment

25%

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 April 2024	16,498

As at 31 March 2025	16,498

Depreciation
As at 1 April 2024	15,133
Provided during the period	341

As at 31 March 2025	15,474

Net Book Value
As at 31 March 2025	1,024

As at 1 April 2024	1,365

5. Debtors

	2025	2024
	£	£
Due within one year
VAT	886	783

Page 2

Page 3

Teamwork Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	1	-
Accruals and deferred income	725	690
Director's loan account	201,391	193,672

	202,117	194,362

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,000	1,000