Teamwork Security and Training Services Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 4

Teamwork Security and Training Services Limited

Balance Sheet

31 March 2026

	Note	2026 £	2025 £
Current assets
Debtors	4	110,665	110,671
Cash at bank and in hand		85,610	68,130
		196,275	178,801
Creditors: Amounts falling due within one year	5	(101,249)	(122,668)
Net assets		95,026	56,133
Capital and reserves
Called up share capital	6	1	1
Profit and loss account		95,025	56,132
Shareholders' funds		95,026	56,133

For the financial year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 4 August 2026 and signed on its behalf by:
 

......................................... Mr C Weston-Baker Director

......................................... Mr R Allan Director

......................................... Mr G Walker Director

Company Registration Number: 14492443

Teamwork Security and Training Services Limited

Notes to the Unaudited Financial Statements

Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
2 The Barbican
Plymouth
Devon
PL1 2LR
United Kingdom

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Teamwork Security and Training Services Limited

Notes to the Unaudited Financial Statements

Year Ended 31 March 2026

Financial instruments

Classification
The company holds the following financial instruments:

• Short term trade and other debtors and creditors; and
• Cash and bank balances.

All financial instruments are classified as basic.

 Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS102.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.

Such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.

 

3	Staff numbers

The average number of persons employed by the company during the year, was 3 (2025 - 2).

4

Debtors

	Note	2026 £	2025 £
Trade debtors		92,146	100,974
Amounts owed by group undertakings and undertakings in which the company has a participating interest		6,764	-
Prepayments		11,648	9,697
Other debtors		107	-
		110,665	110,671

Teamwork Security and Training Services Limited

Notes to the Unaudited Financial Statements

Year Ended 31 March 2026

5

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Trade creditors	6,399	8,429
Corporation tax	11,372	22,456
Taxation and social security	8,839	10,929
Accruals and deferred income	74,639	80,854
	101,249	122,668