Company registration number 14735784 (England and Wales)
Torus UK Holdings Limited
Unaudited
financial statements
for the period ended 31 October 2023
PAGES FOR FILING WITH REGISTRAR
Torus UK Holdings Limited
Contents
Page
Statement of financial position
1
Notes to the financial statements
2 - 3
Torus UK Holdings Limited
Statement of financial position
as at 31 October 2023
- 1 -
2023
Notes
£
£
Non-current assets
Investments
3
1,000
Net assets
1,000
Equity
Called up share capital
4
1,000
The directors of the company have elected not to include a copy of the income statement within the financial statements.true
For the financial period ended 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 31 January 2024 and are signed on its behalf by:
S Whitaker
Director
Company registration number 14735784 (England and Wales)
Torus UK Holdings Limited
Notes to the financial statements
for the period ended 31 October 2023
- 2 -
1
Accounting policies
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
Non-current investments
Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.
A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.
2
Employees
The average monthly number of persons (including directors) employed by the company during the period was:
2023
Number
Total
2
3
Fixed asset investments
2023
£
Shares in group undertakings and participating interests
1,000
Torus UK Holdings Limited
Notes to the financial statements (continued)
for the period ended 31 October 2023
3
Fixed asset investments
(continued)
- 3 -
Movements in non-current investments
Shares in subsidiaries
£
Cost or valuation
At 16 March 2023
-
Additions
1,000
At 31 October 2023
1,000
Carrying amount
At 31 October 2023
1,000
4
Called up share capital
2023
2023
Ordinary share capital
Number
£
Issued and fully paid
Ordinary shares of £1 each
1,000
1,000
5
Company information
Torus UK Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is 81 Main Street, Bingley, Bradford, West Yorkshire, BD16 2JA.