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MOUNTAIN SUNSET 122R LIMITED
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
Mountain Sunset 122R Limited is a private company, limited by shares, registered in England and Wales, registration number 10268346. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE and principal place of business is 122 Wigmore Street, London, W1U 3RX.
The principle activity of the company was that of an investment 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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The company's presentational and functional currency is pound sterling.
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 Profit and loss account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
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The average monthly number of employees, including directors, during the year was 2 (2021 - 2).
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Other fixed asset investments
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2
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