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REGISTERED NUMBER: 13091196 (England and Wales)
























Unaudited Financial Statements

for the Year Ended 31 May 2024

for

Trade Management Services (Holdings)
Limited

Trade Management Services (Holdings)
Limited (Registered number: 13091196)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Trade Management Services (Holdings)
Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: A D Fox
R W Fox
Mrs J C Fox
D R Fox
M A Laurie
A L Palethorpe
N Summers





REGISTERED OFFICE: Britannia Suite
Lakeside Business Centre
Lifford Lane, Kings Norton
Birmingham
West Midlands
B30 3NU





REGISTERED NUMBER: 13091196 (England and Wales)





ACCOUNTANTS: James, Stanley & Co. Limited
1,733 Coventry Road
South Yardley
Birmingham
West Midlands
B26 1DT

Trade Management Services (Holdings)
Limited (Registered number: 13091196)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Investments 5 1,000,002 1,405,186

CURRENT ASSETS
Debtors 6 63,248 472,400
Cash at bank 258,338 -
321,586 472,400
CREDITORS
Amounts falling due within one
year

7

297,492

495,422
NET CURRENT ASSETS/(LIABILITIES) 24,094 (23,022 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,024,096

1,382,164

CREDITORS
Amounts falling due after more
than one year

8

-

250,000
NET ASSETS 1,024,096 1,132,164

CAPITAL AND RESERVES
Called up share capital 9 52,326 52,326
Share premium 99 99
Retained earnings 971,671 1,079,739
SHAREHOLDERS' FUNDS 1,024,096 1,132,164

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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.

Trade Management Services (Holdings)
Limited (Registered number: 13091196)

Balance Sheet - continued
31 May 2024


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 24 September 2024 and were signed on its behalf by:





A D Fox - Director


Trade Management Services (Holdings)
Limited (Registered number: 13091196)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Trade Management Services (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.

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


2. STATEMENT OF COMPLIANCE

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. There were no material departures from that standard.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about Trade Management Services (Holdings) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries
In the accounts of Trade Management Services (Holdings) Ltd investments in group undertakings held as fixed assets are stated at fair value at date of acquisition less impairment.

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.

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.

Trade Management Services (Holdings)
Limited (Registered number: 13091196)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

3. ACCOUNTING POLICIES - continued

Loans from directors
As a small entity the company measures a basic financial liability that are loans from directors at transaction price.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 June 2023 1,405,186
Impairments (405,184 )
At 31 May 2024 1,000,002
NET BOOK VALUE
At 31 May 2024 1,000,002
At 31 May 2023 1,405,186

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Trade Management Services Ltd
Registered office: England & Wales
Nature of business: trade association
%
Class of shares: holding
Ordinary 100.00

Trade Management Services Group Ltd
Registered office: England & Wales
Nature of business: holding company
%
Class of shares: holding
Ordinary 100.00

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Amounts owed by group undertakings 60,944 164,537
Other debtors 50 -
3.5% Redeemable preference
shares

-

300,000
Prepayments and accrued income 2,254 7,863
63,248 472,400

Trade Management Services (Holdings)
Limited (Registered number: 13091196)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
3.5% Redeemable preference
shares 288,969 104,969
Amounts owed to group undertakings 1,303 306,799
Tax 853 -
Directors' current accounts - 77,300
Accruals and deferred income 6,367 6,354
297,492 495,422

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
3.5% Redeemable preference
shares - 250,000
- 250,000

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
851 A Ordinary £1 851 851
626 B Ordinary £1 626 626
150 C Ordinary £1 150 150
349 D Ordinary £1 349 349
349 E Ordinary £1 349 349
1 Growth Share £1 1 1
50,000 Non-Redeemable Preference £1 50,000 50,000
52,326 52,326

10. CAPITAL COMMITMENTS
31.5.24 31.5.23
£    £   
Contracted but not provided for in the
financial statements - -

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2024 and 31 May 2023:

31.5.24 31.5.23
£    £   
R W Fox
Balance outstanding at start of year - -
Amounts advanced 50 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 50 -

The director's current account is unsecured and interest free with no specific repayment terms.

Trade Management Services (Holdings)
Limited (Registered number: 13091196)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

12. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

On 28 March 2024 Trade Management Services Group Ltd ceased trading. At this date, a loan balance of £102,961 owed by Trade Management Services Group Ltd to Trade Management Services Ltd was settled as part of the group restructure by Trade Management Services (Holdings) Limited and is included within these accounts via amounts owed by group undertakings.

Loans via group undertakings are unsecured and interest free with no specific repayment terms.