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KATON INGRAM HOLDINGS IW LIMITED
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Katon Ingram Holdings IW Limited is a private company, limited by shares, domiciled and incorporated in England and Wales (registered number: 09382526). The registered office address is Vittlefields Technology Centre, Forest Road, Newport, Isle of Wight, PO30 4LY.
The Company's functional and presentational currency is GBP.
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.
The following principal accounting policies have been applied:
The financial statements have been prepared on a going concern basis.
The Company has net current liabilities of £14,069 (2023 - net current assets £19,357). The directors have reviewed cashflow forecasts for the 12 month period from the date of sign off and believe the company to be a going concern.
Interest income is recognised in profit or loss using the effective interest method.
Investments in subsidiaries are measured at cost less accumulated impairment.
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