Team Prime Consulting Limited - Filleted accounts

Team Prime Consulting Limited
Registered number:		07527489
Balance Sheet
as at 28 February 2026

Notes			2026			2025
£				£
Fixed assets
Intangible assets	3		170			187
Tangible assets	4		-			2,046
Investments	5		93,820			87,491
			93,990			89,724

Current assets
Debtors	6	9,022			9,822
Cash at bank and in hand		70,717			52,608
		79,739			62,430

Creditors: amounts falling due within one year	7	(19,628)			(19,597)

Net current assets			60,111			42,833

Net assets			154,101			132,557

Capital and reserves
Called up share capital			1			1
Capital redemption reserve			1			1
Profit and loss account			154,099			132,555

Shareholder's funds			154,101			132,557

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




T Prime
Director
Approved by the board on 30 July 2026

Team Prime Consulting Limited
Notes to the Accounts
for the year ended 28 February 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		2		2


3	Intangible fixed assets				£
	Goodwill:

	Cost
	At 1 March 2025				340
	At 28 February 2026				340

	Amortisation
	At 1 March 2025				153
	Provided during the year				17
	At 28 February 2026				170

	Net book value
	At 28 February 2026				170
	At 28 February 2025				187

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 March 2025				14,807
	At 28 February 2026				14,807

	Depreciation
	At 1 March 2025				12,761
	Charge for the year				2,046
	At 28 February 2026				14,807

	Net book value
	At 28 February 2026				-
	At 28 February 2025				2,046


5	Investments

Other
investments
£
	Cost
	At 1 March 2025				87,491
	Revaluation				6,329

	At 28 February 2026				93,820


6	Debtors		2026		2025
£				£

	Trade debtors		3,000		3,960
	Other debtors		6,022		5,862
			9,022		9,822


7	Creditors: amounts falling due within one year		2026		2025
£				£

	Taxation and social security costs		19,628		19,597


8	Revaluation reserve		2026		2025
£				£

	At 1 March 2025		-		15,701
	Loss on revaluation of land and buildings		-		(15,701)

	At 28 February 2026		-		-


9	Other information

	Team Prime Consulting Limited is a private company limited by shares and incorporated in England. Its registered office is:
	The Old Bakery
	90 Camden Road
	Tunbridge Wells
	TN1 2QP