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REGISTERED NUMBER: 10118591 (England and Wales)








REPORT OF THE DIRECTORS AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2023

FOR

TMHL HOLDINGS LIMITED

TMHL HOLDINGS LIMITED (REGISTERED NUMBER: 10118591)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2023




Page

Company Information 1

Report of the Directors 2

Balance Sheet 3 to 4

Notes to the Financial Statements 5 to 8


TMHL HOLDINGS LIMITED

COMPANY INFORMATION
for the Year Ended 30 April 2023







DIRECTORS: Mr C Kilgour
Mr A Button





SECRETARY: Mr C Kilgour





REGISTERED OFFICE: Britannic House
657 Liverpool Road
Irlam
Manchester
Lancashire
M44 5XD





BUSINESS ADDRESS: 20 Broadoak Road
Worsley
Manchester
M28 2TG





REGISTERED NUMBER: 10118591 (England and Wales)





ACCOUNTANTS: Cadishead Accountancy Services Limited
Britannic House
657 Liverpool Road
Irlam
Manchester
Lancashire
M44 5XD

TMHL HOLDINGS LIMITED (REGISTERED NUMBER: 10118591)

REPORT OF THE DIRECTORS
for the Year Ended 30 April 2023

The directors present their report with the financial statements of the company for the year ended 30 April 2023.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of a financial intermediary.

DIRECTORS
The directors set out in the table below have held office during the whole of the period from 1 May 2022 to the date of this report.

The directors shown below were in office at 30 April 2023 but did not hold any interest in the Ordinary shares of £1 each at 1 May 2022 or 30 April 2023.

Mr C Kilgour
Mr A Button

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mr C Kilgour - Director


31 January 2024

TMHL HOLDINGS LIMITED (REGISTERED NUMBER: 10118591)

BALANCE SHEET
30 April 2023

30.4.23 30.4.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 - 66,924
Investments 5 1,500,004 1,500,004
1,500,004 1,566,928

CURRENT ASSETS
Debtors 6 163,725 190,770
Cash at bank and in hand 99,053 52,195
262,778 242,965
CREDITORS
Amounts falling due within one year 7 (262,623 ) (254,460 )
NET CURRENT ASSETS/(LIABILITIES) 155 (11,495 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,500,159

1,555,433

CREDITORS
Amounts falling due after more than one
year

8

-

(30,904

)

PROVISIONS FOR LIABILITIES (285,001 ) (297,716 )
NET ASSETS 1,215,158 1,226,813

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 9 1,214,919 1,214,919
Retained earnings 139 11,794
SHAREHOLDERS' FUNDS 1,215,158 1,226,813

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 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.

TMHL HOLDINGS LIMITED (REGISTERED NUMBER: 10118591)

BALANCE SHEET - continued
30 April 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 January 2024 and were signed on its behalf by:




Mr C Kilgour - Director



Mr A Button - Director


TMHL HOLDINGS LIMITED (REGISTERED NUMBER: 10118591)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2023

1. STATUTORY INFORMATION

TMHL Holdings 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.

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 as modified by the revaluation of certain assets.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Motor vehicles - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

TMHL HOLDINGS LIMITED (REGISTERED NUMBER: 10118591)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2023

4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
At 1 May 2022 101,980
Disposals (101,980 )
At 30 April 2023 -
DEPRECIATION
At 1 May 2022 35,056
Charge for year 16,731
Eliminated on disposal (51,787 )
At 30 April 2023 -
NET BOOK VALUE
At 30 April 2023 -
At 30 April 2022 66,924

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 May 2022 101,980
Disposals (101,980 )
At 30 April 2023 -
DEPRECIATION
At 1 May 2022 35,056
Charge for year 16,731
Eliminated on disposal (51,787 )
At 30 April 2023 -
NET BOOK VALUE
At 30 April 2023 -
At 30 April 2022 66,924

TMHL HOLDINGS LIMITED (REGISTERED NUMBER: 10118591)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2023

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST OR VALUATION
At 1 May 2022
and 30 April 2023 1,500,004
NET BOOK VALUE
At 30 April 2023 1,500,004
At 30 April 2022 1,500,004

Cost or valuation at 30 April 2023 is represented by:

Shares in
group
undertakings
£   
Valuation in 2020 1,499,900
Cost 104
1,500,004

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade debtors - 15,535
Amounts owed by group undertakings 163,569 175,079
Other debtors 156 156
163,725 190,770

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Bank loans and overdrafts 36,259 39,847
Hire purchase contracts - 83,744
Trade creditors 77,610 (8,837 )
Amounts owed to group undertakings 138,376 137,546
Taxation and social security 8,098 -
Other creditors 2,280 2,160
262,623 254,460

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.23 30.4.22
£    £   
Bank loans - 30,904

TMHL HOLDINGS LIMITED (REGISTERED NUMBER: 10118591)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2023

9. RESERVES
Fair
value
reserve
£   
At 1 May 2022
and 30 April 2023 1,214,919

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2023 and 30 April 2022:

30.4.23 30.4.22
£    £   
Mr C Kilgour
Balance outstanding at start of year - 35,359
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

The outstanding loan to Mr C Kilgour is repayable on demand, during the year interest was charged on the loan to at 5% per annum on a pro-rate basis.

11. ULTIMATE CONTROLLING PARTY

The company is under the control of its directors.