KLT FILTRATION HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 24 NOVEMBER 2023
KLT Filtration Holdings Limited is a private company limited by shares, incorporated in England and Wales, with a company registration number of 11053115. The address of the registered office is Riverside Industrial Estate, Estuary Road, King's Lynn, Norfolk, PE30 2HS.
The financial statements are prepared in sterling which is the functional currency of the company and
rounded to the nearest £.
2.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.
The following principal accounting policies have been applied:
The directors have at the time of approving the financial statements, a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Investments in subsidiaries are measured at cost less accumulated impairment.
Short-term debtors are measured at transaction price, less any impairment.
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The Company has no employees other than the directors, who did not receive any remuneration (2022 - £NIL).
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The average monthly number of employees during the period was 0 (2022 - 0).
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The net book value of the investment in subsidiaries as at 24 November 2023 was £0.09 (2022 - £0.09).
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