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NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 23 FEBRUARY 2025
Pho Employment Limited, is a private company, limited by shares, and incorporated in England and Wales. The Company's registered number is 07021918 and registered office address is 15 Clerkenwell Green, London, EC1R 0DP.
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.
Interest income is recognised in profit or loss using the effective interest method.
Short-term debtors are measured at transaction price, less any impairment.
The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.
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The average monthly number of employees, including directors, during the period was 0 (2024 - 0).
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Amounts owed by group undertakings
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Amounts owed by group undertakings are repayable on demand and subject to interest at 5%.
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The Company is a subsidiary undertaking of Pho Trading Limited. The ultimate controlling party is Cilantro Holding Limited.
The smallest and largest group in which the results of the company are consolidated is that headed by Cilantro Holding Limited, incorporated in England and Wales No other group financial statements include the results of the Company. The consolidated financial statements are available to the public and may be obtained from 15 Clerkenwell Green, London, EC1R 0DP.
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