TS2 MICRO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
The Company is incorporated in England and Wales and is limited by shares, its registered office is 2 Hellesdon Park Road, Drayton High Road, Norwich, Norfolk, NR6 5DR.
The Company is dormant.
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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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.
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
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Allotted, called up and fully paid
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2 (2022 - 2) Ordinary shares of £1.00 each
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Related party transactions
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The company is exempt from disclosing related party transactions with entities that are part of the group headed by Corfin Holdings Inc, where 100% of the voting rights are controlled within the group.
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The ultimate parent company at the balance sheet date was Corfin Holdings Inc, a company incorporated in the USA.
The parent of the smallest group for which group accounts including TS2 Micro Limited are drawn up is Micross UK Solutions Limited. Copies of these accounts may be obtained from the registered office.
The parent of the largest group for which group accounts including TS2 Micro Limited are drawn up is Corfin Holdings Inc. Copies of these accounts are not available to the public.
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