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REGISTERED NUMBER: 13052034 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2024

for

TUANA HOLDINGS LIMITED

TUANA HOLDINGS LIMITED (REGISTERED NUMBER: 13052034)






Contents of the Financial Statements
for the year ended 30 November 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


TUANA HOLDINGS LIMITED

Company Information
for the year ended 30 November 2024







DIRECTOR: J L Ambrose





REGISTERED OFFICE: 16 Lansdown Crescent
Bath
BA1 5EX





REGISTERED NUMBER: 13052034 (England and Wales)





ACCOUNTANTS: Richardson Swift
Chartered Accountants
11 Laura Place
Bath
BA2 4BL

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Tuana Holdings Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Tuana Holdings Limited for the year ended 30 November 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Tuana Holdings Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Tuana Holdings Limited and state those matters that we have agreed to state to the director of Tuana Holdings Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Tuana Holdings Limited and its director for our work or for this report.

It is your duty to ensure that Tuana Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Tuana Holdings Limited. You consider that Tuana Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Tuana Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Richardson Swift
Chartered Accountants
11 Laura Place
Bath
BA2 4BL


27 August 2025

TUANA HOLDINGS LIMITED (REGISTERED NUMBER: 13052034)

Balance Sheet
30 November 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 342,495 266,257
Investments 5 72,837 169,337
415,332 435,594

CURRENT ASSETS
Debtors 6 22,228 160
Cash at bank 14,386 5,060
36,614 5,220
CREDITORS
Amounts falling due within one year 7 367,702 65,150
NET CURRENT LIABILITIES (331,088 ) (59,930 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

84,244

375,664

CREDITORS
Amounts falling due after more than one
year

8

904,508

818,491
NET LIABILITIES (820,264 ) (442,827 )

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings (820,364 ) (442,927 )
SHAREHOLDERS' FUNDS (820,264 ) (442,827 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

TUANA HOLDINGS LIMITED (REGISTERED NUMBER: 13052034)

Balance Sheet - continued
30 November 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 director and authorised for issue on 27 August 2025 and were signed by:





J L Ambrose - Director


TUANA HOLDINGS LIMITED (REGISTERED NUMBER: 13052034)

Notes to the Financial Statements
for the year ended 30 November 2024

1. STATUTORY INFORMATION

Tuana 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.

The directors have prepared the financial statements on a going concern basis despite the deficit on the balance sheet and the excess of current liabilities over current assets in the belief that, with the support of the directors, the company is in a position to continue trading.

Preparation of consolidated financial statements
The financial statements contain information about Tuana 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is recognised when services are rendered.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Office Equipment - 33% on cost
Motor vehicles - 25% on reducing balance
Plant & machinery - 25% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less any impairment.

Other investments are recognised at cost less any impairment.

TUANA HOLDINGS LIMITED (REGISTERED NUMBER: 13052034)

Notes to the Financial Statements - continued
for the year ended 30 November 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors, loans from banks and other third parties.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the income statement.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount the company would receive for the asset if it were to be sold at the reporting date.

Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Hire purchase and leasing agreements
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

TUANA HOLDINGS LIMITED (REGISTERED NUMBER: 13052034)

Notes to the Financial Statements - continued
for the year ended 30 November 2024

4. TANGIBLE FIXED ASSETS
Office Motor Plant &
Equipment vehicles machinery Totals
£    £    £    £   
COST
At 1 December 2023 2,136 - 365,000 367,136
Additions 56,510 56,458 116,387 229,355
At 30 November 2024 58,646 56,458 481,387 596,491
DEPRECIATION
At 1 December 2023 2,129 - 98,750 100,879
Charge for year 18,655 14,115 120,347 153,117
At 30 November 2024 20,784 14,115 219,097 253,996
NET BOOK VALUE
At 30 November 2024 37,862 42,343 262,290 342,495
At 30 November 2023 7 - 266,250 266,257

5. FIXED ASSET INVESTMENTS
Shares in
group Unlisted
undertakings investments Totals
£    £    £   
COST
At 1 December 2023 96,500 72,837 169,337
Disposals (96,500 ) - (96,500 )
At 30 November 2024 - 72,837 72,837
NET BOOK VALUE
At 30 November 2024 - 72,837 72,837
At 30 November 2023 96,500 72,837 169,337

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

D&O Cafe Racers Ltd
Registered office: Fairclough House, 105 Redbrook Road, Barnsley, England, S75 2RG
Nature of business: Manufacture of motor vehicles
%
Class of shares: holding
Ordinary 73.00

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 60
Amounts owed by group undertakings 4,170 -
Other debtors 18,058 100
22,228 160

TUANA HOLDINGS LIMITED (REGISTERED NUMBER: 13052034)

Notes to the Financial Statements - continued
for the year ended 30 November 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts (see note 9) 163,340 40,830
Trade creditors 904 -
Amounts owed to group undertakings 8,646 8,646
Taxation and social security - 13,875
Other creditors 194,812 1,799
367,702 65,150

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts (see note 9) - 163,340
Other creditors 904,508 655,151
904,508 818,491

9. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2024 2023
£    £   
Net obligations repayable:
Within one year 163,340 40,830
Between one and five years - 163,340
163,340 204,170

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 163,340 204,170

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100