REGISTERED NUMBER: 11104713 (England and Wales)

Financial Statements

for the Year Ended 31 December 2025

for

QATEAM LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr W Mayo

Mrs E Mayo

REGISTERED OFFICE:

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

REGISTERED NUMBER:

11104713 (England and Wales)

ACCOUNTANTS:

JLA Accountants

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

FIXED ASSETS

Tangible assets

4

3,143

3,928

CURRENT ASSETS

Debtors

5

25,347

32,954

Cash at bank

4,025

9,130

29,372

42,084

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

6

21,837

43,593

NET CURRENT ASSETS/(LIABILITIES)

7,535

(1,509

)

TOTAL ASSETS LESS CURRENT LIABILITIES

10,678

2,419

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

7

-

2,242

NET ASSETS

10,678

177

CAPITAL AND RESERVES

Called up share capital

8

101

101

Retained earnings

10,577

76

SHAREHOLDERS' FUNDS

10,678

177

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 22 September 2026 and were signed on its behalf by:

Mr W Mayo - Director

1.	STATUTORY INFORMATION

QATeam 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Computer equipment

-

20% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Compute

equipme

£

COST

At 1 January 2025

and 31 December 2025

10,504

DEPRECIATION

At 1 January 2025

6,576

Charge for year

785

At 31 December 2025

7,361

NET BOOK VALUE

At 31 December 2025

3,143

At 31 December 2024

3,928

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

-

1,480

Other debtors

5,269

12,147

Directors' current accounts

14,803

19,327

Prepayments and accrued income

5,275

-

25,347

32,954

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

2,337

4,483

Trade creditors

199

159

Tax

6,096

19,842

VAT

3,365

4,201

Other creditors

411

-

Accruals and deferred income

9,429

14,908

21,837

43,593

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans - 1-2 years

-

2,242

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

100

A Ordinary

£1

100

100

1

B Ordinary

£1

1

1

101

101

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

£

Mr W Mayo and Mrs E Mayo

Balance outstanding at start of year

19,327

35,990

Amounts advanced

36,076

57,642

Amounts repaid

(40,600

)

(74,305

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

14,803

19,327

As at the balance sheet date, included in debtors due within one year is £14,803 (2024: £19,327), due and payable by the directors. During the period interest was charged on the overdrawn loan account at the official rate of interest.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr W Mayo.