McFarlane Telfer (Qatar) Limited |
Notes to the Accounts |
for the year ended 31 December 2023 |
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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Turnover |
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The company was dormant throughout the current and previous years and acted only as a holding company. |
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Investments |
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Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
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2 |
Employees |
2023 |
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2022 |
Number |
Number |
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Average number of persons employed by the company |
2 |
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2 |
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3 |
Controlling party |
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The immediate parent company is McFarlane Telfer (GCC) Limited. The ultimate controlling party is the director C B Craggs by virtue of his majority shareholding in the parent company. |
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4 |
Other information |
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McFarlane Telfer (Qatar) Limited is a private company limited by shares and incorporated in England. Its registered office is: |
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B5 Westacott Business Centre |
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Westacott Way |
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Littlewick Green |
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Berkshire |
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SL6 3RT |