Registration number: 07865964

Teeling Management Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 4

Teeling Management Limited

(Registration number: 07865964)
Balance Sheet as at 30 November 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	142,174	142,402
Current assets
Debtors	5	253	234
Cash at bank and in hand		129	4,331
		382	4,565
Creditors: Amounts falling due within one year	6	(1,720)	(4,172)
Net current (liabilities)/assets		(1,338)	393
Net assets		140,836	142,795
Capital and reserves
Called up share capital		10	10
Retained earnings		140,826	142,785
Shareholders' funds		140,836	142,795

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

Director's 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 director acknowledges his 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 7 January 2026
 

......................................... Mr G Carlisle Director

Teeling Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 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:
1 Pavilion Square
Cricketers Way
Westhoughton
Bolton
BL5 3AJ
United Kingdom

These financial statements were authorised for issue by the director on 7 January 2026.

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

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities 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.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services and rental income in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. Turnover also includes rent receivable. It is recognised in accordance with the lease in place with the tenant.

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.

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:

Teeling Management Limited

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

Asset class	Depreciation method and rate
Plant & Machinery	20% Straight Line Method
Fixtures & Fittings	15% Reducing balance method
Investment Property	Not depreciated

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised 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 the director) during the year, was 1 (2024 - 1).

4	Tangible assets

	Investment properties £	Plant and Machinery £	Total £
Cost or valuation
At 1 December 2024	141,646	1,139	142,785
At 30 November 2025	141,646	1,139	142,785
Depreciation
At 1 December 2024	-	383	383
Charge for the year	-	228	228
At 30 November 2025	-	611	611
Carrying amount
At 30 November 2025	141,646	528	142,174
At 30 November 2024	141,646	756	142,402

Revaluation

The fair value of the company's Investment Properties was revalued on 30 November 2024. An independent valuer was not involved. .
Had this class of asset been measured on a historical cost basis, the carrying amount would have been £Nil (2024 - £141,646).

Teeling Management Limited

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

5

Debtors

Current	2025 £	2024 £
Prepayments	253	234
	253	234

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Accruals and deferred income	1,200	1,152
Other creditors	520	3,020
	1,720	4,172