TMCO Holdings Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 13025356

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		243		3,195
Tangible Assets	5		9,303		7,164

			9,546		10,359
CURRENT ASSETS
Debtors	6	228,900		193,461
Cash at bank and in hand		392,822		707,881

		621,722		901,342
Creditors: Amounts Falling Due Within One Year	7	(231,097 )		(178,915 )

NET CURRENT ASSETS (LIABILITIES)			390,625		722,427

TOTAL ASSETS LESS CURRENT LIABILITIES			400,171		732,786

PROVISIONS FOR LIABILITIES
Deferred Taxation			(2,062 )		(2,589 )

NET ASSETS			398,109		730,197

CAPITAL AND RESERVES
Called up share capital	8		100		100
Share premium account			6,017		6,017
Profit and Loss Account			391,992		724,080

SHAREHOLDERS' FUNDS			398,109		730,197

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TMCO Holdings Limited

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Lucinda Solon

Director

20/08/2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

TMCO Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13025356 . The registered office is 27 Chester Way, Kennington, London, SE11 4UR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services including direct expenses incurred on client projects.

Rendering of services

Where the outcome of a project can be estimated reliably and the revenue associated with the project can be

estimated reliably, the project revenue is recognised in the profit and loss account by reference to the stage of

completion at the balance sheet date, if the right to the consideration has been obtained through performance.

Factors taken into account in assessing the percentage completion of a project include, hours worked against expected

hours, project phases, milestones or deliverables completed.

Consideration accrues as project activity progresses by reference to the value of work performed. Where the value of

consideration exceeds the amount invoiced, this is recognised as accrued income within debtors. Where the amount invoiced exceeds the value of project work performed the excess is recognised as deferred income within creditors.

If the right to consideration is conditional or contingent on a specified future event or outcome, the occurrence of

which is outside the Company's control, turnover is not recognised until that critical event occurs.

When services are performed by an indeterminate number of acts over a specified period of time, revenue is

recognised on a straight-line basis over the specified period unless there is evidence that some other method better

represents the stage of completion.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are Website development costs. It is amortised to profit and loss account over its estimated economic life of three years

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	33% on cost
Computer Equipment	33% on cost

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

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TMCO Holdings Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 19 (2024: 17)

4. Intangible Assets

	Other
	£
Cost
As at 1 January 2025	9,221

As at 31 December 2025	9,221

Amortisation
As at 1 January 2025	6,026
Provided during the period	2,952

As at 31 December 2025	8,978

Net Book Value
As at 31 December 2025	243

As at 1 January 2025	3,195

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TMCO Holdings Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

5. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 January 2025	4,349	17,238	21,587
Additions	-	8,274	8,274

As at 31 December 2025	4,349	25,512	29,861

Depreciation
As at 1 January 2025	2,826	11,597	14,423
Provided during the period	1,311	4,824	6,135

As at 31 December 2025	4,137	16,421	20,558

Net Book Value
As at 31 December 2025	212	9,091	9,303

As at 1 January 2025	1,523	5,641	7,164

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	197,216	162,171
Amounts owed by group undertakings	768	-
Other debtors	30,916	31,290

	228,900	193,461

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	7,341	9,622
Amounts owed to group undertakings	4,797	-
Other creditors	45,662	24,566
Taxation and social security	173,297	144,727

	231,097	178,915

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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TMCO Holdings Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

9. Related Party Transactions

On 24 February 2025, Sauce Collective Limited (company number 16157390), a company registered in England and Wales, acquired 55% of the issued share capital of each existing class and became the company’s parent undertaking and ultimate controlling party. On the same date, the shares it acquired were redesignated into a newly created C Ordinary share class; this did not change the nominal value of the shares. During the year, an interim dividend of £542,110 was declared and paid to Sauce Collective Limited.

Sauce Communications Limited (company number 04212062), a company registered in England and Wales and a fellow subsidiary under the common control of Sauce Collective Limited, is a related party. During the year, purchases from Sauce Communications Limited totalled £7,847, with a balance of £4,797 owed to Sauce Communications Limited at 31 December 2025, and sales to Sauce Communications Limited totalled £9,040, with a balance of £768 owed by Sauce Communications Limited at 31 December 2025. The balances arose in the ordinary course of business and were on normal commercial terms. No guarantees were given or received and the balances are unsecured.

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