TEAM 2 ELECTRICAL LTD

Company Registration Number:
14531610 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2025

Period of accounts

Start date: 1 January 2025

End date: 31 December 2025

TEAM 2 ELECTRICAL LTD

Contents of the Financial Statements

for the Period Ended 31 December 2025

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

TEAM 2 ELECTRICAL LTD

Profit And Loss Account

for the Period Ended 31 December 2025

2025 2024


£
£
Turnover: 83,505 57,273
Cost of sales: ( 82,578 ) ( 56,679 )
Gross profit(or loss): 927 594
Operating profit(or loss): 927 594
Profit(or loss) before tax: 927 594
Tax: ( 218 ) ( 113 )
Profit(or loss) for the financial year: 709 481

TEAM 2 ELECTRICAL LTD

Balance sheet

As at 31 December 2025

Notes 2025 2024


£
£
Called up share capital not paid: 1 1
Fixed assets
Intangible assets: 3 1,200 1,200
Total fixed assets: 1,200 1,200
Current assets
Debtors: 4 2,275
Cash at bank and in hand: 1,427 1,774
Total current assets: 3,702 1,774
Creditors: amounts falling due within one year: 5 ( 1,427 ) ( 793 )
Net current assets (liabilities): 2,275 981
Total assets less current liabilities: 3,476 2,182
Accruals and deferred income: ( 848 )
Total net assets (liabilities): 2,628 2,182
Capital and reserves
Called up share capital: 2,628 2,182
Total Shareholders' funds: 2,628 2,182

The notes form part of these financial statements

TEAM 2 ELECTRICAL LTD

Balance sheet statements

For the year ending 31 December 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

This report was approved by the board of directors on 10 March 2026
and signed on behalf of the board by:

Name: T McNamee
Status: Director

The notes form part of these financial statements

TEAM 2 ELECTRICAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

TEAM 2 ELECTRICAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

TEAM 2 ELECTRICAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2025

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 January 2025 1,200 1,200
Additions
Disposals
Revaluations
Transfers
At 31 December 2025 1,200 1,200
Amortisation
At 1 January 2025 0 0
Charge for year
On disposals
Other adjustments
At 31 December 2025 0 0
Net book value
At 31 December 2025 1,200 1,200
At 31 December 2024 1,200 1,200

TEAM 2 ELECTRICAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2025

4. Debtors

2025 2024
£ £
Trade debtors 2,275
Total 2,275

TEAM 2 ELECTRICAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2025

5. Creditors: amounts falling due within one year note

2025 2024
£ £
Amounts due under finance leases and hire purchase contracts 1,427
Trade creditors 793
Total 1,427 793