DOULTON WATER FILTERS ASIA HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
Doulton Water Filters Asia Holdings Limited is a company limited by shares and incorporated in England & Wales under the companies Act 2006. The address of the registered office is Albion Works, Uttoxeter Road, Longton, Stoke-on-Trent, ST3 1PH.
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
.
Investments in subsidiaries are measured at cost less accumulated impairment.
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
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The average monthly number of employees, including directors, during the year was
2
(2020 -
2
)
.
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Amounts owed by group undertakings
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The following were subsidiary undertakings of the Company:
Name Class of shares Holding
Doulton Water Filters Asia HK Limited Ordinary 100%
Doulton Water Filters HK Limited Ordinary 100%
Doulton Water Filters (Shenzhen) Limited Ordinary 100%
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