Acorah Software Products - Accounts Production 19.4.300 false true 28 February 2025 1 March 2024 false 1 March 2025 28 February 2026 28 February 2026 OC404423 Mr Andrii Sheludenkov Mr Denys Nikolayenko iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC404423 2025-02-28 OC404423 2026-02-28 OC404423 2025-03-01 2026-02-28 OC404423 frs-core:CurrentFinancialInstruments 2026-02-28 OC404423 frs-bus:LimitedLiabilityPartnershipLLP 2025-03-01 2026-02-28 OC404423 frs-bus:LimitedLiabilityPartnershipsSORP 2025-03-01 2026-02-28 OC404423 frs-bus:FilletedAccounts 2025-03-01 2026-02-28 OC404423 frs-bus:SmallEntities 2025-03-01 2026-02-28 OC404423 frs-bus:AuditExempt-NoAccountantsReport 2025-03-01 2026-02-28 OC404423 frs-bus:SmallCompaniesRegimeForAccounts 2025-03-01 2026-02-28 OC404423 frs-countries:EnglandWales 2025-03-01 2026-02-28 OC404423 frs-bus:PartnerLLP1 2025-03-01 2026-02-28 OC404423 frs-bus:PartnerLLP2 2025-03-01 2026-02-28 OC404423 2024-02-29 OC404423 2025-02-28 OC404423 2024-03-01 2025-02-28 OC404423 frs-core:CurrentFinancialInstruments 2025-02-28 OC404423 frs-core:OtherReservesSubtotal 2024-02-29
Registered number: OC404423
Team Technologies Development Center LLP
Unaudited Financial Statements
For The Year Ended 28 February 2026
Contents
Page
Balance Sheet 1—2
Reconciliation of Members' Interests 3—5
Notes to the Financial Statements 5
Page 1
Balance Sheet
Registered number: OC404423
2026 2025
Notes £ £ £ £
CURRENT ASSETS
Cash at bank and in hand 553,921 647,855
553,921 647,855
Creditors: Amounts Falling Due Within One Year 4 (2,914 ) (2,914 )
NET CURRENT ASSETS (LIABILITIES) 551,007 644,941
TOTAL ASSETS LESS CURRENT LIABILITIES 551,007 644,941
NET ASSETS ATTRIBUTABLE TO MEMBERS 551,007 644,941
REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability (890,963) (890,963)
Other amounts 550,666 644,600
(340,297) (246,363)
Equity
Members' other interests
Members' capital 891,304 891,304
891,304 891,304
551,007 644,941
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year (340,297) (246,363)
Members' other interests 891,304 891,304
551,007 644,941
Page 1
Page 2
For the year ending 28 February 2026 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)
The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.
The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.
On behalf of the members
Mr Andrii Sheludenkov
Designated Member
25/08/2026
The notes on page 5 form part of these financial statements.
Page 2
Page 3
Reconciliation of Members' Interests
EQUITY DEBT
Members' other interests Loans and other debts due to members less any amounts due from members in debtors
Members'Capital classified as Equity Other Reserves Total Equity Members'Capital classified as Debt
£ £ £ £
Amounts due to members - - - (820,179)
Balance at 1 March 2024 820,520 - 820,520 (820,179)
Profit/(loss) for the financial year available for discretionary division among members - 70,784 70,784 -
Members' interests after profit/(loss) for the year 820,520 70,784 891,304 (820,179)
Other divisions of profits (losses) - (70,784) (70,784) -
Introduced by members 70,784 - 70,784 -
Other Movements - - - (70,784)
Amounts due to members - - - (890,963)
As at 28 February 2025 and 1 March 2025 891,304 - 891,304 (890,963)
Profit/(loss) for the financial year available for discretionary division among members - (93,934 ) (93,934 ) -
Members' interests after profit/(loss) for the year 891,304 (93,934) 797,370 (890,963)
Other divisions of profits (losses) - 93,934 93,934 -
Amounts due to members - - - (890,963)
As at 28 February 2026 891,304 - 891,304 (890,963)
DEBT
Loans and other debts due to members less any amounts due from members in debtors
Other amounts Total Debts Total members' interest
£ £ £
Amounts due to members 573,816 (246,363) -
Balance at 1 March 2024 573,816 (246,363) 574,157
Profit/(loss) for the financial year available for discretionary division among members - - 70,784
Members' interests after profit/(loss) for the year 573,816 (246,363) 644,941
...CONTINUED
Page 3
Page 4
Other divisions of profits (losses) 70,784 70,784 -
Introduced by members - - 70,784
Other Movements - (70,784) (70,784)
Amounts due to members 644,600 (246,363) -
As at 28 February 2025 and 1 March 2025 644,600 (246,363) 644,941
Profit/(loss) for the financial year available for discretionary division among members - - (93,934 )
Members' interests after profit/(loss) for the year 644,600 (246,363) 551,007
Other divisions of profits (losses) (93,934) (93,934) -
Amounts due to members 550,666 (340,297) -
As at 28 February 2026 550,666 (340,297) 551,007
Page 4
Page 5
Notes to the Financial Statements
1. General Information
Team Technologies Development Center LLP is a limited liability partnership, incorporated in England & Wales, registered number OC404423 . The Registered Office is 41 Devonshire Street, Ground Floor, London, W1G 7AJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in May 2024 (SORP) and the Companies Act 2006 (as applied to LLPs).
The financial statements are prepared in sterling which is the functional currency of the LLP.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Foreign Currencies
Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 2 (2025: 2)
2 2
4. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Other creditors 2,914 2,914
Page 5