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Ensco 1477 Limited
Notes to the Financial Statements
For the Year Ended 31 January 2025
Ensco 1478 Limited is a private company limited by members capital and incorporated in England and Wales,
registed number 14593321. The address of the registered office and principal place of business is C/O Gateley Legal, Ship Canal House, 98 King Street, Manchester, Lancashire, M2 4WU.
The nature of the Company's operations and principal activity is that of a holding company.
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.
Investments in subsidiaries are measured at cost less accumulated impairment.
Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.
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