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COPPICE HOLDINGS GROUP TOPCO LIMITED
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2024
1.Accounting policies
Coppice Holdings Group Topco Limited (the 'company') is a limited liability company incorporated and domiciled in England and Wales. The address of its registered office is disclosed on the company information page.
The financial statements are prepared in Sterling (£), which is the functional currency of the company. The financial statements are for the 18 month period from 1 August 2022 to 31 January 2024 (2022: year ended 31 July 2022). Accordingly, the comparative figures are not entirely comparable with those of the current period.
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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 and in accordance with Financial Reporting Standard (FRS 102), the Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland, including 1A of FRS 102, and the Companies Act 2006.
Since the period end, the directors have made the decision for the company to cease trading and become dormant and therefore the financial statements have been prepared on an 'other than going concern basis' as required by Financial Reporting Standard 102 Section 3. The directors have taken a prudent approach to preparing the financial statements with assets being written down to their estimated realisable amounts.
The following principal accounting policies have been applied consistently throughout the period:
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Exemption from preparing consolidated financial statements
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The company has taken advantage of the exemption under section 383 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.
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Income from shares in group undertakings
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Dividend income from investments in subsidiaries is recognised when the company's right to receive payment is established.
Investments in subsidiaries are measured at cost less accumulated impairment.
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The company has no employees other than the directors. The directors are remunerated through another group company.
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