Company Registration No. 11838813 (England and Wales)
CT (IOW) Holdings Ltd
Unaudited accounts
for the year ended 29 February 2024
CT (IOW) Holdings Ltd
Unaudited accounts
Contents
CT (IOW) Holdings Ltd
Company Information
for the year ended 29 February 2024
Directors
Nicholas Roger Clemens
Benjamin John David Tanner
Company Number
11838813 (England and Wales)
Registered Office
First Floor
129 High Street
Guildford
Surrey
GU1 3AA
United Kingdom
CT (IOW) Holdings Ltd
Statement of financial position
as at 29 February 2024
Investments
526,696
526,696
Net assets
526,696
526,696
Called up share capital
526,696
526,696
Shareholders' funds
526,696
526,696
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 November 2024 and were signed on its behalf by
Nicholas Roger Clemens
Director
Company Registration No. 11838813
CT (IOW) Holdings Ltd
Notes to the Accounts
for the year ended 29 February 2024
CT (IOW) Holdings Ltd is a private company, limited by shares, registered in England and Wales, registration number 11838813. The registered office is First Floor, 129 High Street, Guildford, Surrey, GU1 3AA, United Kingdom.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investments in subsidiaries are measured at cost less accumulated impairment.
Judgements in applying accounting policies and key sources of estimation uncertainty
The preparation of financial statements in compliance with FRS 102 Section 1A requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting policies. In preparing these financial statements, the directors have made the following judgements:
Determine whether there are indicators of impairment of the company's investments. Factors taken into consideration in reaching such a decision include the economic viability and expected future financial performance of the asset and where it is a component of a larger cash-generating unit, the viability and expected future performance of that unit.
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Investments
Subsidiary undertakings
Valuation at 1 March 2023
526,696
Valuation at 29 February 2024
526,696
The company holds 100% of the Ordinary shares in CT (IOW) Ltd, a company registered in England and Wales whose registered office is 11 Broadway, Sandown, Isle Of Wight, United Kingdom, PO36 9BY.
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Average number of employees
During the year the average number of employees was 2 (2023: 2).