Company Registration No. 04461728 (England and Wales)
Fiveteam Limited
Unaudited financial statements
for the year ended 30 September 2025
Pages for filing with the registrar
Fiveteam Limited
Contents
Page
Balance sheet
1
Statement of changes in equity
2
Notes to the financial statements
3 - 6
Fiveteam Limited
Balance sheet
As at 30 September 2025
1
2025
2024
Notes
£
£
£
£
Fixed assets
Investments
4
13,500,000
13,500,000
Current assets
Debtors
6
68,001
1
Cash at bank and in hand
70
70
68,071
71
Creditors: amounts falling due within one year
7
(68,000)
-
0
Net current assets
71
71
Net assets
13,500,071
13,500,071
Capital and reserves
Called up share capital
8
11,860,001
11,860,001
Capital redemption reserve
1,640,000
1,640,000
Profit and loss reserves
70
70
Total equity
13,500,071
13,500,071

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 September 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 22 May 2026 and are signed on its behalf by:
Christopher McVitty
Director
Company Registration No. 04461728
Fiveteam Limited
Statement of changes in equity
For the year ended 30 September 2025
2
Share capital
Capital redemption reserve
Profit and loss reserves
Total
Notes
£
£
£
£
Balance at 1 October 2023
12,170,001
1,330,000
1,070
13,501,071
Year ended 30 September 2024:
Profit and total comprehensive income
-
-
309,000
309,000
Redemption of shares
8
(310,000)
310,000
(310,000)
(310,000)
Balance at 30 September 2024
11,860,001
1,640,000
70
13,500,071
Year ended 30 September 2025:
Profit and total comprehensive income
-
-
-
0
-
0
Balance at 30 September 2025
11,860,001
1,640,000
70
13,500,071
Fiveteam Limited
Notes to the financial statements
For the year ended 30 September 2025
3
1
Accounting policies
Company information

Fiveteam Limited is a private company limited by shares incorporated in England and Wales. The registered office is Ground Floor Offices, Sail Loft C/O Lawson & Partners, Battlesbridge Harbour, Battlesbridge, Essex, SS11 8TR.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

1.2
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

Fiveteam Limited
Notes to the financial statements (continued)
For the year ended 30 September 2025
1
Accounting policies (continued)
4
1.3
Financial instruments
Classification of financial liabilities

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.4
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

2
Critical accounting judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Fiveteam Limited
Notes to the financial statements (continued)
For the year ended 30 September 2025
5
3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
4
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
13,500,000
13,500,000
5
Subsidiaries

Details of the company's subsidiaries at 30 September 2025 are as follows:

Name of undertaking
Registered office
Class of
% Held
shares held
Direct
Indirect
Ninecourt Limited
Ground Floor Offices, Sail Loft, Battlesbridge Harbour, Battlesbridge, Essex, SS11 8TR
Ordinary
100
-
6
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
68,001
1
7
Creditors: amounts falling due within one year
2025
2024
£
£
Amounts owed to group undertakings
68,000
-
0
Fiveteam Limited
Notes to the financial statements (continued)
For the year ended 30 September 2025
6
8
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary share of £1 each
1
1
1
1
2025
2024
2025
2024
Preference share capital
Number
Number
£
£
Issued and fully paid
Preference shares of £1 each
11,860,000
11,860,000
11,860,000
11,860,000
Preference shares classified as equity
11,860,000
11,860,000
Total equity share capital
11,860,001
11,860,001

During the prior year 310,000 preference shares were redeemed at par.

9
Related party transactions

The company has taken advantage of the exemption available in FRS 102 Section 33 from the requirement to disclose transactions with group companies on the grounds that the transactions occurred with a wholly owned subsidiary.

During the year the company loaned £68,000 (2024: £nil) to the KDL Beresford Will Trust. At the year end the amount due to the company was £68,000 (2024: £nil).

10
Parent company

The company is controlled by the Trustees of the KDL Beresford Will Trust by virtue of the Trust's shareholding in the company.

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