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Registration number: 04379822

Teamwork Digital Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 June 2025

Teamwork Digital Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 9

Teamwork Digital Limited

Company Information

Directors | L Wiles S Martin

Registered office | 4 The Axium Centre Dorchester Road Lytchett Minster Poole Dorset England BH16 6FE

Accountants | Addicus Plus Limited Chartered Certified Accountants4 The Axium Centre Dorchester Road Lytchett Minster Poole Dorset BH16 6FE

Teamwork Digital Limited

(Registration number: 04379822)
Balance Sheet as at 30 June 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 13,805 | 20,287
Investments | 5 | 100 | 100
|  | 13,905 | 20,387
Current assets |  |  |
Stocks | 6 | 126,100 | 142,400
Debtors | 7 | 139,274 | 180,397
Cash at bank and in hand |  | 442,348 | 617,089
|  | 707,722 | 939,886
Creditors: Amounts falling due within one year | 8 | (159,703) | (247,584)
Net current assets |  | 548,019 | 692,302
Total assets less current liabilities |  | 561,924 | 712,689
Provisions for liabilities |  | (2,623) | (3,855)
Net assets |  | 559,301 | 708,834
Capital and reserves |  |  |
Called up share capital |  | 230 | 230
Capital redemption reserve |  | (1,003,005) | (1,003,005)
Retained earnings |  | 1,562,076 | 1,711,609
Shareholders' funds |  | 559,301 | 708,834

For the financial year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Teamwork Digital Limited

(Registration number: 04379822)
Balance Sheet as at 30 June 2025

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 22 December 2025 and signed on its behalf by:

L Wiles Director | S Martin Director |

Teamwork Digital Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
4 The Axium Centre Dorchester Road
Lytchett Minster
Poole
Dorset
BH16 6FE
England

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 and deferred 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.

Teamwork Digital Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

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.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Leasehold improvements | 10 years straight line
Plant and machinery | 25% reducing balance

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

The investment in the subsidiary is initially recognised at cost. At each reporting date, the investment is reviewed for indicators of impairment and is measured at cost less any accumulated impairment losses. Any impairment loss is recognised in profit or loss.
Dividend income from the subsidiary is recognised in profit or loss when the right to receive payment is established.

Teamwork Digital Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 3).

Teamwork Digital Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

4 | Tangible assets

| Fixtures and fittings £ | Plant and machinery £ | Total £
Cost or valuation
At 1 July 2024 | 6,737 | 87,764 | 94,501
Additions | - | 770 | 770
Disposals | - | (30,369) | (30,369)
At 30 June 2025 | 6,737 | 58,165 | 64,902
Depreciation
At 1 July 2024 | 3,370 | 70,844 | 74,214
Charge for the year | 674 | 3,707 | 4,381
Eliminated on disposal | - | (27,498) | (27,498)
At 30 June 2025 | 4,044 | 47,053 | 51,097
Carrying amount
At 30 June 2025 | 2,693 | 11,112 | 13,805
At 30 June 2024 | 3,367 | 16,920 | 20,287

5 | Investments

| 2025 £ | 2024 £
Investments in subsidiaries | 100 | 100

Subsidiaries | £
Cost or valuation
At 1 July 2024 | 100
Provision
Carrying amount
At 30 June 2025 | 100
At 30 June 2024 | 100

Teamwork Digital Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

Details of undertakings

Details of the investments 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
DTEK Digital Solutions Limited | 4 The Axium Centre Dorchester Road Lytchett Minster Poole Dorset BH16 6FE | Ordinary | 100% | 100%

6 | Stocks

| 2025 £ | 2024 £
Other inventories | 126,100 | 142,400

7 | Debtors

| 2025 £ | 2024 £
Trade debtors | 112,382 | 151,613
Other debtors | 5,790 | 5,790
Prepayments | 21,102 | 22,994
| 139,274 | 180,397

Teamwork Digital Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

8 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 54,698 | 144,421
Taxation and social security | 43,636 | 39,218
Accruals | 90 | 141
Other creditors | 61,279 | 63,804
| 159,703 | 247,584