REGISTERED NUMBER: 09872326 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 DECEMBER 2025

FOR

TGUK HOLDINGS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A R Bell

Mrs J Bell

Mr R J Bell

Mrs K Bell

REGISTERED OFFICE:

Bridge House

Pattenden Lane

Marden

Kent

TN12 9QJ

REGISTERED NUMBER:

09872326 (England and Wales)

ACCOUNTANTS:

Honey Barrett Limited

53 Gildredge Road

Eastbourne

East Sussex

BN21 4SF

FIXED ASSETS

Intangible assets

5

138

186

Tangible assets

6

4,802

6,403

Investments

7

283,600

1,100

288,540

7,689

CURRENT ASSETS

Debtors

8

1,936

392,907

Cash at bank

1,306

-

3,242

392,907

CREDITORS

Amounts falling due within one year

9

211,365

323,144

NET CURRENT (LIABILITIES)/ASSETS

(208,123

)

69,763

TOTAL ASSETS LESS CURRENT LIABILITIES

80,417

77,452

CREDITORS

Amounts falling due after more than one year

10

(75,000

)

(75,000

)

PROVISIONS FOR LIABILITIES

11

(735

)

(1,045

)

NET ASSETS

4,682

1,407

CAPITAL AND RESERVES

Called up share capital

12

600

600

Retained earnings

4,082

807

SHAREHOLDERS' FUNDS

4,682

1,407

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

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 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 Profit and Loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 September 2026 and were signed on its behalf by:

Mr A R Bell - Director

1.	STATUTORY INFORMATION

TGUK Holdings Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	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 the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is made up of management charges excluding value added tax and other sales taxes. This is measured at the fair value of the consideration received or receivable.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

All fixed assets are initially recorded at cost.

Investments in associates

Investments in associate undertakings are recognised at cost less impairment.

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 accounts receivable and payable, loans from banks and other third parties and loans to / from related parties.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the present value of the future cash flows and subsequently measured at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted transaction price less any impairment.

If the arrangements of a short term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

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 the estimated cash flows discounted at the asset's original effective rate.

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

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet and measured as detailed above.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Finance costs are charged to the profit and loss over the term of the financial asset / liability using the effective interest method so that the amount charged is at a constant rate on the carrying amount.

Taxation

Taxation for the year 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 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

5.	INTANGIBLE FIXED ASSETS

Patents

£

COST

At 1 January 2025

and 31 December 2025

29,798

AMORTISATION

At 1 January 2025

29,612

Amortisation for year

48

At 31 December 2025

29,660

NET BOOK VALUE

At 31 December 2025

138

At 31 December 2024

186

6.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 January 2025

and 31 December 2025

48,205

DEPRECIATION

At 1 January 2025

41,802

Charge for year

1,601

At 31 December 2025

43,403

NET BOOK VALUE

At 31 December 2025

4,802

At 31 December 2024

6,403

7.	FIXED ASSET INVESTMENTS

Interest in

associate

£

COST

At 1 January 2025

1,100

Additions

282,500

At 31 December 2025

283,600

NET BOOK VALUE

At 31 December 2025

283,600

At 31 December 2024

1,100

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by associates

1,766

392,907

VAT

170

-

1,936

392,907

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

1,474

Corporation tax

-

2,433

VAT

-

4,757

Other creditors

49,480

43,006

Directors' current accounts

142,937

268,738

Accruals and deferred income

18,948

2,736

211,365

323,144

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other loans

75,000

75,000

11.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Accelerated capital allowances

772

1,045

Tax losses carried forward

(37

)

-

735

1,045

Deferred tax

£

Balance at 1 January 2025

1,045

Provided during year

(310

)

Balance at 31 December 2025

735

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

200

Ordinary A

£1

200

200

200

Ordinary B

£1

200

200

200

Ordinary C

£1

200

200

600

600

13.	RELATED PARTY DISCLOSURES

At the balance sheet date there is a loan owed from a company in which TGUK Holdings Ltd has a participating interest, of £Nil (2024: £335,087).The loan is interest free and repayable on demand.

At the balance sheet date there is an amount owed from a company which holds a participating interest in TGUK Holdings Ltd of £1,776 (2024: £57,820).The loans are interest free and repayable on demand.

At the balance sheet date there is an amount owing to another company which holds a participating interest in TGUK Holdings Ltd of £34,480 (2024: £26,024).The loans are interest free and repayable on demand.