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Registration number: 15726360

Team Valley Edge Limited
Unaudited Filleted Financial Statements
for the Period from 17 May 2024 to 31 March 2025

Team Valley Edge Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 6

Team Valley Edge Limited

Company Information

Directors | Mr D Saleh Mr A Pieri

Registered office | The Beverley Hospital Fifth Avenue Team Valley Gateshead NE11 0XA

Accountants | Ballards LLP Chartered AccountantsOakmoore Court 11c Kingswood Road Hampton Lovett Droitwich Worcestershire WR9 0QH

Team Valley Edge Limited

(Registration number: 15726360)
Balance Sheet as at 31 March 2025

| Note | 2025 £
Fixed assets |  |
Intangible assets | 4 | 5,200
Tangible assets | 5 | 32,315
|  | 37,515
Current assets |  |
Debtors | 6 | 50,000
Cash at bank and in hand |  | 9,225
|  | 59,225
Creditors: Amounts falling due within one year | 7 | (121,595)
Net current liabilities |  | (62,370)
Net liabilities |  | (24,855)
Capital and reserves |  |
Called up share capital |  | 400
Retained earnings |  | (25,255)
Shareholders' deficit |  | (24,855)

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

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the period 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 16 February 2026 and signed on its behalf by:

......................................... Mr D Saleh Director | ......................................... Mr A Pieri Director |

Team Valley Edge Limited

Notes to the Unaudited Financial Statements for the Period from 17 May 2024 to 31 March 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:
The Beverley Hospital Fifth Avenue
Team Valley
Gateshead
NE11 0XA
England and Wales

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.

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
Land & Buildings | Straight line 2%

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Software | Straight line 33.33%

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Team Valley Edge Limited

Notes to the Unaudited Financial Statements for the Period from 17 May 2024 to 31 March 2025

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2.

Team Valley Edge Limited

Notes to the Unaudited Financial Statements for the Period from 17 May 2024 to 31 March 2025

4 | Intangible assets

| Other intangible assets £ | Total £
Cost or valuation
Additions acquired separately | 7,800 | 7,800
At 31 March 2025 | 7,800 | 7,800
Amortisation
Amortisation charge | 2,600 | 2,600
At 31 March 2025 | 2,600 | 2,600
Carrying amount
At 31 March 2025 | 5,200 | 5,200

5 | Tangible assets

| Land and buildings £ | Total £
Cost or valuation
Additions | 32,315 | 32,315
At 31 March 2025 | 32,315 | 32,315
Depreciation
Carrying amount
At 31 March 2025 | 32,315 | 32,315

Included within the net book value of land and buildings above is £32,315 in respect of freehold land and buildings.

6 | Debtors

Current | Note | 2025 £
Amounts owed by related parties |  | 50,000
|  | 50,000

Team Valley Edge Limited

Notes to the Unaudited Financial Statements for the Period from 17 May 2024 to 31 March 2025

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £
Due within one year |  |
Amounts owed to associated companies |  | 120,000
Accruals and deferred income |  | 1,595
|  | 121,595