DYWIDAG Systems International Limited
Notes to the Financial Statements
For the year ended 31 December 2023
DYWIDAG Systems International Limited is a private company limited by shares, incorporated in the United Kingdom. The address of the company's registered office and its principal place of business is Northfield Road, Southam, Warwickshire, CV47 0FG.
The company was dormant throughout this and the prior period.
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 101 'Reduced Disclosure Framework' and the Companies Act 2006.
The preparation of financial statements in compliance with FRS 101 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies.
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Impact of new international reporting standards, amendments and interpretations
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The company is dormant. There are no new standards that have been implemented in the year, nor that are yet to be implemented, that have an impact on the company's financial statements.
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Amounts owed by group undertakings
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Related party transactions
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The company has taken advantage of the exemptions available to it in respect of the requirements in IAS 24 Related Party Disclosures to disclose related party transactions entered into between two or more members of a group where any subsidiary which is a party to the transaction is wholly owned within that group.
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