TEAM SPORT AND PLAY LTD - Filleted accounts

Registered number

11671718

TEAM SPORT AND PLAY LTD

Filleted Accounts

30 November 2025

TEAM SPORT AND PLAY LTD
Registered number:		11671718
Balance Sheet
as at 30 November 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		6,448			5,386

Current assets
Debtors	4	71,037			10,130
Cash at bank and in hand		47,021			71,257
		118,058			81,387

Creditors: amounts falling due within one year	5	(70,188)			(42,315)

Net current assets			47,870			39,072

Total assets less current liabilities			54,318			44,458

Creditors: amounts falling due after more than one year	6		(20,126)			(34,889)



Net assets			34,192			9,569

Capital and reserves
Called up share capital			1			1
Profit and loss account			34,191			9,568

Shareholders' funds			34,192			9,569

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.




Mr P Tonks
Director
Approved by the board on 24 July 2026

TEAM SPORT AND PLAY LTD
Notes to the Accounts
for the year ended 30 November 2025


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.

	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:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			2		2


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 December 2024	7,065		3,103		10,168
	Additions	2,295		-		2,295
	At 30 November 2025	9,360		3,103		12,463

	Depreciation
	At 1 December 2024	4,161		621		4,782
	Charge for the year	612		621		1,233
	At 30 November 2025	4,773		1,242		6,015

	Net book value
	At 30 November 2025	4,587		1,861		6,448
	At 30 November 2024	2,904		2,482		5,386


4	Debtors			2025		2024
£					£

	Trade debtors			70,692		10,130
	Other debtors			345		-
				71,037		10,130


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			2,261		422
	Obligations under finance lease and hire purchase contracts			-		308
	Trade creditors			33,805		25,731
	Taxation and social security costs			34,122		15,854
				70,188		42,315


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			8,307		16,954
	Obligations under finance lease and hire purchase contracts			2,478		7,969
	Other creditors			9,341		9,966
				20,126		34,889


7	Other information

	TEAM SPORT AND PLAY LTD is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 8a Escrick Business Park
	Escrick
	York
	YO19 6FD