TigerTMS Holdings Limited

Contents

Balance Sheet	1
Notes to the Financial Statements	2 to 5

TigerTMS Holdings Limited

Balance Sheet

31 December 2024

	Note	2024 £	2023 £
Fixed assets
Investments	4	24,916	24,916
Creditors: Amounts falling due within one year	5	(23,975)	(58,975)
Net assets/(liabilities)		941	(34,059)
Capital and reserves
Called up share capital		1,000	1,000
Share premium reserve		99,000	99,000
Profit and loss account		(99,059)	(134,059)
Shareholders' funds/(deficit)		941	(34,059)

These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 26 September 2025 and signed on its behalf by:
 

......................................... Mr K Howard Director

Company Registration Number: 12300738

TigerTMS Holdings Limited

Notes to the Financial Statements

Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
10 Churchill Way
Cardiff
Wales
CF10 2HE

These financial statements were authorised for issue by the Board on 26 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

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 Section 1A and the Companies Act 2006. There are no material departures.

Basis of preparation

These financial statements have been prepared using the historical cost convention.

The functional currency of the company is considered to be pounds sterling because that is the currency of the primary economic environment in which the company operates.

Group accounts not prepared

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertaking comprise a small group.

Going concern

The directors have considered forecasts for the period to 31 December 2025 and post year end performance. They are satisfied that the company have adequate resources available to continue in operational existence and discharge its obligations as they fall due for a period of at least 12 months from the date of approval of these financial statements. The directors have therefore adopted the going concern basis in preparing its financial statements.

Tax

Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the group operates and generates taxable income.

TigerTMS Holdings Limited

Notes to the Financial Statements

Year Ended 31 December 2024

Deferred tax is recognised on all timing differences at the balance sheet date unless indicated below. Timing differences are differences between taxable profits and the results as stated in the consolidated profit and loss account and other comprehensive income. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Investments

Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment. Dividend income is recognised on receipt.

Financial instruments

Classification
The company holds the following financial instruments:

• Amounts due to group undertakings.

All financial instruments are classified as basic.

 Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS102.

Financial instruments are recognised when the group becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the group’s obligations are discharged, expire or are cancelled.

 

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 0).

4	Investments

	2024 £	2023 £
Investments in subsidiaries	24,916	24,916