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North Tees Waste Management Cowpen Limited
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Notes to the financial statements
Year ended 30 June 2023
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Cube, Barrack Road, Newcastle upon Tyne, Tyne and Wear, NE4 6DB.
The financial statements of the company have been prepared in compliance with United Kingdom Accounting Standards, including Financial Reporting Standard 102, ‘The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland’ (‘FRS 102’) and the Companies Act 2006.
3.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
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Amounts owed by group undertakings
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The immediate parent company of North Tees Waste Management Cowpen Limited is North Tees Waste Management Limited, a company incorporated in England and Wales. North Tees Waste Management Limited held 100% of the issued share capital of North Tees Waste Management Cowpen Limited at the balance sheet date.
The ultimate parent company of North Tees Waste Management Cowpen Limited is North Tees Group Holdings Limited, a company incorporated in the United Kingdom that owns 100% of the issued share capital of North Tees Holdings Limited, which owns 100% of the issued share capital of North Tees Waste Management Limited.
The ultimate controlling party is Mr I G Hunter by virtue of his ownership of 100% of the issued share capital of the North Tees Group Holdings Limited at the balance sheet date.
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