ROGER RAYMOND INVESTMENTS LIMITED
Notes to the financial statements
For the year ended 31 March 2023
Roger Raymond Investments Limited ("the Company") is a private company limited by share capital, incorporated in England and Wales with registration number 13465317. The address of the registered office is Forest Edge, Hangersley Hill, Ringwood, Hampshire, England, BH24 3JS.
The Company was incorporated on 18 June 2021 and prepared the prior period's financial statements to 31 March 2022.
The principal activity of the Company during the period was that of a holding company.
2.Accounting policies
|
|
Basis of preparation of financial statements
|
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 following principal accounting policies have been applied:
|
|
Exemption from preparing consolidated financial statements
|
The Company, and the group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and group are considered eligible for the exemption to prepare consolidated accounts.
Investments in subsidiaries are measured at cost less accumulated impairment.
|
|
Cash and cash equivalents
|
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
Short-term creditors are measured at the transaction price.
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
|
The average monthly number of employees, including directors, during the year was 1 (2022 - 1).
|
|