The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Thuddle Services (UK) Limited is a private company limited by shares incorporated in England and Wales. The registered office is Wilmslow House, Grove Way, Wilmslow, Cheshire, United Kingdom, SK9 5AG.

With effect from 4 October 2023 the name of the Company was changed from Interskill Learning Limited to Thuddle Services (UK) Ltd.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

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

Atruet the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future dependent upon the continued support of the company's immediate parent undertaking. The directors have no reason to believe such support would be withdrawn and expect inter-company balances, which aggregate total £406,765 and are repayable on demand, will not be called for payment to the detriment of third pary creditors. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover represents the amounts receivable for goods and services net of VAT and trade discounts.

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

The average monthly number of persons (including directors) employed by the company during the year was 2 (2023 - 2).

There were no direct costs paid during the year to Alpha E-Learning Consultancy Limited, the parent company of Interskill Learning Limited. The balance owed to Alpha E-Learning Consultancy Limited at 31 December 2024 was £105,807 (2023 the balance due from Alpha E-Learning Consultancy Limited was £41,902).

During the year, management charges of £Nil (2023 - £Nil) were received from Interskill Learning Inc, a company controlled by the directors. As at 31 December 2024 the balance owed to Interskill Learning Inc was £300,959 (2023 - £300,959) and is shown in creditors.

During the year, management charges of £Nil (2023 - £Nil) were paid to ELP Australia Pty Limited, a company with a mutual director of Ian Rowlands.

The ultimate controlling party are Mr I Rowlands and Mrs L Rowlands, both director of the company.

The immediate parent company is Alpha E-Learning Consultancy Limited, a company registered in Eire, the registered office address is RBK House, Irishtown, Athlone, Co. Westmeath, N37XP52.