Disclosure Of Material Accounting Policy Information [Text Block]

THOMASLLOYD ENERGY IMPACT TRUST PLC - Filing #2033148

Concept 2023-01-01 to
2023-12-31
Disclosure of material accounting policy information [text block]
3. Significant accounting policies
Description of accounting policy for derecognition of financial instruments [text block]
Financial assets are derecognised when the rights to receive cash flows from the investments have expired or the Company
Description of accounting policy for determining components of cash and cash equivalents [text block]
g) Cash and cash equivalents
Description of accounting policy for dividends [text block]
h) Dividends payable
Description of accounting policy for expenses [text block]
e) Expenses
Description of accounting policy for financial assets [text block]
Financial assets
Description of accounting policy for financial instruments [text block]
a) Financial instruments
Description of accounting policy for financial instruments at fair value through profit or loss [text block]
Recognition and measurement and IFRS 13 fair value measurement
Description of accounting policy for financial liabilities [text block]
Financial liabilities and equity
Description of accounting policy for foreign currency translation [text block]
f) Foreign currency
Description of accounting policy for functional currency [text block]
The Financial Statements are presented in US Dollar (‘US$’), which is the Company’s functional currency, and are rounded to the nearest thousand,
Description of accounting policy for income tax [text block]
b) Taxation
Description of accounting policy for issued capital [text block]
Ordinary shares are classified as equity. An equity instrument is any contract that evidences a residual interest in the assets of an entity after deducting
Description of accounting policy for interest income and expense [text block]
d) Investment income
Description of accounting policy for provisions [text block]
j) Onerous contract provision
Description of accounting policy for segment reporting [text block]
c) Segmental reporting

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