HUBRX HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 14 MARCH 2023
HubRx Holdings Limited is a private company limited by shares incorporated in the United Kingdom. The company's registered number is 14109411. The address of its registered office is Unit 7, Logic Park, Skelton Moor Way, Halton, Leeds, United Kingdom, LS15 OBF.
The principal activity of the Company is that of a holding company.
The financial statements have been presented in Pound Sterling as this currency of the primary economic environment in which the Company operates and is rounded to the nearest pound.
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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.
To the best of my knowledge there is nothing to indicate that the Company will not continue as a going concern. Whilst the Company is not expected to trade in the coming year, the directors do not intend to wind up the Company, it will remain dormant for the foreseeable future. The period to which the directors have paid particular attention in assessing the appropriateness of the going concern basis is not less than twelve months from the date of approval of the accounts.
Investments in subsidiaries are measured at cost less accumulated impairment.
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The average monthly number of employees, including the directors, during the period was as follows:
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