| Unaudited Financial Statements for the Year Ended 31 December 2025 |
| for |
| Team Focus Ltd |
| Unaudited Financial Statements for the Year Ended 31 December 2025 |
| for |
| Team Focus Ltd |
| Team Focus Ltd (Registered number: 02407579) |
| Contents of the Financial Statements |
| for the Year Ended 31 December 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Team Focus Ltd |
| Company Information |
| for the Year Ended 31 December 2025 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Bridge House |
| 2 Bridge Avenue |
| Maidenhead |
| Berkshire |
| SL6 1RR |
| Team Focus Ltd (Registered number: 02407579) |
| Balance Sheet |
| 31 December 2025 |
| 31.12.25 | 31.12.24 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | 8 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Fair value reserve | 10 | ( |
) |
| Capital redemption reserve |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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 were approved by the Board of Directors and authorised for issue on |
| Team Focus Ltd (Registered number: 02407579) |
| Notes to the Financial Statements |
| for the Year Ended 31 December 2025 |
| 1. | STATUTORY INFORMATION |
| Team Focus Ltd is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Critical accounting judgements and key sources of estimation uncertainty |
| Estimates and judgements are based on historical experience and expectations of future events and are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimates are revised and in any future periods affected. The related party loan has been discounted at the excess of a commercial rate of interest of 4.5% over the interest charged of 2.2%. |
| Turnover |
| Income from the sale of services and goods is recognised net at the point of invoice except for income in respect of service contracts where the income is recognised evenly over the life of the contract. |
| Tangible fixed assets |
| Depreciation i provided at the following annual rates in order to write off each asset over its estimated useful life. |
| Office and sundry equipment - 20% and 33.3% on cost. |
| Fixed assets are initially recognised at cost. Purchases of a capital nature under the value of £250 are not capitalised and are instead expended through the Statement of Comprehensive Income. |
| 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 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. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme and pays contributions under automatic enrolment. Contributions payable to the company schemes are charged to the statement of comprehensive income in the period to which they relate. |
| Current asset investments |
| Listed investments are valued at mid-market price. |
| Team Focus Ltd (Registered number: 02407579) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| Financial instruments |
| Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. |
| Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discount due. |
| Creditors and provisions are recognised where the company has a present obligation resulting from a past event that will probable result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discount due. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Office & |
| sundry |
| equipment |
| £ |
| COST |
| At 1 January 2025 |
| Additions |
| At 31 December 2025 |
| DEPRECIATION |
| At 1 January 2025 |
| Charge for year |
| At 31 December 2025 |
| NET BOOK VALUE |
| At 31 December 2025 |
| At 31 December 2024 |
| 5. | FIXED ASSET INVESTMENTS |
| Listed |
| investments |
| £ |
| COST OR VALUATION |
| At 1 January 2025 |
| Revaluations |
| At 31 December 2025 |
| NET BOOK VALUE |
| At 31 December 2025 |
| At 31 December 2024 |
| Team Focus Ltd (Registered number: 02407579) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2025 |
| 5. | FIXED ASSET INVESTMENTS - continued |
| Cost or valuation at 31 December 2025 is represented by: |
| Listed |
| investments |
| £ |
| Valuation in 2020 | 37,481 |
| Valuation in 2021 | 13,536 |
| Valuation in 2022 | (23,699 | ) |
| Valuation in 2023 | 5,116 |
| Valuation in 2024 | (6,197 | ) |
| Valuation in 2025 | 3,982 |
| Cost | 8,687 |
| 38,906 |
| 6. | DEBTORS |
| 31.12.25 | 31.12.24 |
| £ | £ |
| Amounts falling due within one year: |
| Trade debtors |
| Other debtors |
| VAT |
| Prepayments and accrued income |
| Amounts falling due after more than one year: |
| Other debtors | 269,490 | 269,490 |
| Aggregate amounts |
| A related party loan of £288,791 included in other debtors is stated at amortised cost of £269,490 (2024- £269,490), discounted at the excess of a commercial rate of interest of 4.5% over the interest charged of 2.2%. |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.25 | 31.12.24 |
| £ | £ |
| Trade creditors |
| Tax |
| Social security and other taxes |
| Other creditors |
| Accruals and Deferred Income |
| 8. | PROVISIONS FOR LIABILITIES |
| 31.12.25 | 31.12.24 |
| £ | £ |
| Deferred tax | 3,080 | 2,065 |
| Team Focus Ltd (Registered number: 02407579) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2025 |
| 8. | PROVISIONS FOR LIABILITIES - continued |
| Deferred |
| tax |
| £ |
| Balance at 1 January 2025 |
| Provided during year |
| Accelerated capital allowances |
| Fair value reserve |
| Balance at 31 December 2025 |
| 31.12.25 | .31.12.24 |
| £ | £ |
| Accelerated Capital Allowances | - | - |
| Fair Value Reserve | 3,080 | 2,065 |
| 3,080 | 2,065 |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.12.23 | 31.12.22 |
| value: |
| 1,000 | Ordinary shares: | £1 | 1,000 | 1,000 |
| 75 | 'A' Ordinary shares | £1 | 75 | 75 |
| 1,075 | 1,075 |
| 10. | RESERVES |
| Fair |
| value |
| reserve |
| £ |
| At 1 January 2025 | ( |
) |
| Current asset investment gain | 3,982 |
| At 31 December 2025 |
| 11. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| RD Childs gave the company's bankers a limited guarantee for £20,000, dated 11th November 1999. |
| 12. | ULTIMATE CONTROLLING PARTY |
| The company is under the control of the director R Childs through his majority shareholding of the Ordinary Shares. |