| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Period 1 September 2023 to 31 October 2024 |
| for |
| Tugger Holdings Limited |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Period 1 September 2023 to 31 October 2024 |
| for |
| Tugger Holdings Limited |
| Tugger Holdings Limited (Registered number: 14306969) |
| Contents of the Financial Statements |
| for the Period 1 September 2023 to 31 October 2024 |
| Page |
| Balance Sheet | 1 |
| Notes to the Financial Statements | 2 |
| Tugger Holdings Limited (Registered number: 14306969) |
| Balance Sheet |
| 31 October 2024 |
| 2024 | 2023 |
| Notes | £ | £ | £ |
| FIXED ASSETS |
| Investments | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Merger reserve |
| Retained earnings | ( |
) | ( |
) |
| 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 were approved by the Board of Directors and authorised for issue on |
| Tugger Holdings Limited (Registered number: 14306969) |
| Notes to the Financial Statements |
| for the Period 1 September 2023 to 31 October 2024 |
| 1. | STATUTORY INFORMATION |
| Tugger Holdings Limited is a |
| Registered number: |
| Registered office: |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Preparation of consolidated financial statements |
| The financial statements contain information about Tugger 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 |
| Investments in subsidiary undertakings are recognised at cost. |
| Taxation |
| Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 period 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. |
| Intra group transfer |
| On 1 November 2023 by way of an intra group transfer, Advanced Company Software Limited 'ACS' ( a 100 per cent subsidiary of Tugger Holdings Limited ) transferred its employees to Tugger Limited (a 100 per cent subsidiary of Tugger Holdings Limited). At the same date of 1 November 2023 ACS transferred all of the intellectual property and business interests either developed by or held by ACS in the Tugger App, Tugger software and Tugger business to Tugger Limited. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| Tugger Holdings Limited (Registered number: 14306969) |
| Notes to the Financial Statements - continued |
| for the Period 1 September 2023 to 31 October 2024 |
| 4. | FIXED ASSET INVESTMENTS |
| Shares in |
| group |
| undertakings |
| £ |
| COST |
| At 1 September 2023 |
| and 31 October 2024 |
| NET BOOK VALUE |
| At 31 October 2024 |
| At 31 August 2023 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Trade creditors |
| Amounts owed to group undertakings |
| Other creditors |