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TINZ PROGRAMME 3 PROJECTCO 1 LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024
TINZ Programme 3 ProjectCo 1 Limited is a private company limited by shares and is incorporated in England and Wales. Its registered number is 13757518. The registered office address is Gables Lodge, 62 Kenilworth Road, Leamington Spa, CV32 6JX.
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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements comprise the unaudited financial statements of the Company and are stated in pound sterling, the Company's functional and presentational currency. Monetary amounts in these financial statements are rounded to the nearest £.
The following principal accounting policies which have been applied consistently throughout the year are set out below.
Interest income is recognised in profit or loss using the effective interest method.
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
The Company has no employees (2023: Nil) and there were £Nil (2023: £Nil) staff costs during the year.
The Directors did not receive any renumeration from the Company (2023: £Nil) but were renumerated by their respective employing entity.
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