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Hannon Westwood Holdings Limited
Notes to the financial statements
For the year ended 31 December 2024
Hannon Westwood Holdings Limited is a private company, limited by shares and incorporated in Scotland with the registration number SC364371. The company's registered office address is Collins House, Rutland Square, Edinburgh, EH1 2AA.
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 are presented in pound sterling and have been rounded to the nearest pound.
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Exemption from preparing consolidated financial statements
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The Company is a parent company that is also a subsidiary included in the consolidated financial statements of a larger group by a parent undertaking established under the law of any part of the United Kingdom and is therefore exempt from the requirement to prepare consolidated financial statements under section 400 of the Companies Act 2006.
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to be in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
The company did not trade during the current year or prior year.
Investments in subsidiaries are measured at cost less accumulated impairment.
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The company has no employees other than the directors, who did not receive any remuneration (2023 - £NIL).
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