REGISTERED NUMBER: 02094967 (England and Wales)

Unaudited Financial Statements For The Year Ended 30 April 2026

for

Team Global Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S N Crooks

SECRETARY:

P R Crooks

REGISTERED OFFICE:

Unit 4

Britannia Industrial Estate

Poyle Road

Colnbrook

Berkshire

SL3 0BH

REGISTERED NUMBER:

02094967 (England and Wales)

ACCOUNTANTS:

Fuller Spurling

Mill House

58 Guildford Street

Chertsey

Surrey

KT16 9BE

FIXED ASSETS

Tangible assets

4

34,608

34,797

CURRENT ASSETS

Debtors

5

1,300,197

1,128,515

Cash at bank

3,810,057

3,292,987

5,110,254

4,421,502

CREDITORS

Amounts falling due within one year

6

953,935

896,515

NET CURRENT ASSETS

4,156,319

3,524,987

TOTAL ASSETS LESS CURRENT LIABILITIES

4,190,927

3,559,784

PROVISIONS FOR LIABILITIES

105,950

96,950

NET ASSETS

4,084,977

3,462,834

CAPITAL AND RESERVES

Called up share capital

50,000

50,000

Retained earnings

4,034,977

3,412,834

SHAREHOLDERS' FUNDS

4,084,977

3,462,834

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 August 2026 and were signed by:

S N Crooks - Director

1.	STATUTORY INFORMATION

Team Global Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable and is reduced for estimated customer returns, rebates and other similar allowances. Turnover is recognised when consignments are shipped.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

20% on cost

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

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

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors

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 discounts due.

Cash at bank and in hand

Cash at bank 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.

Creditors

Creditors, provisions and accrued costs are recognised where the company has a present obligation resulting from a past event that will probably 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 discounts due.

Investments

Investments are initially measured at cost when purchased. Thereafter, if materially different, they are shown at most recent valuation carried out by independent, qualified, third parties. Any aggregate surplus or deficit arising from changes in fair value is recognised in the income statement and retained earnings carried forward.

Financial Instruments

Other than Investments the Company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 30 (2025 - 36 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 May 2025

47,775

108,275

101,895

51,675

309,620

Additions

-

-

10,699

-

10,699

At 30 April 2026

47,775

108,275

112,594

51,675

320,319

DEPRECIATION

At 1 May 2025

47,775

107,399

68,638

51,011

274,823

Charge for year

-

348

9,876

664

10,888

At 30 April 2026

47,775

107,747

78,514

51,675

285,711

NET BOOK VALUE

At 30 April 2026

-

528

34,080

-

34,608

At 30 April 2025

-

876

33,257

664

34,797

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

£

Trade debtors

1,195,209

1,030,254

Other debtors

5,490

5,558

VAT

3,024

1,424

Prepayments

96,474

91,279

1,300,197

1,128,515

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

£

Trade creditors

570,559

471,328

Corporation tax

220,965

281,614

Social security and other taxes

26,149

32,061

Other creditors

61,726

27,854

Directors' current accounts

124

133

Accrued expenses

74,412

83,525

953,935

896,515

7.	GUARANTEES AND CONTINGENT ASSETS & LIABILITIES

The company has issued a guarantee in respect of a customs duty deferment of £16,000 and the company's bankers have issued a letter of guarantee in respect of a supplier trading account up to a value of £20,000.

8.	OTHER FINANCIAL COMMITMENTS

At 30th April 2026, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £176,538 (2025: £285,052 )