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IDILI THEATRICALS LIMITED
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023
Idili Theatricals Limited is a private company, limited by shares, registered in England and Wales, registration number 10204018. The registered office is 230 Temple Chambers, 3-7 Temple Avenue, London, United Kingdom, EC4Y 0HP.
The Company's functional and presentational currency is GBP.
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 following principal accounting policies have been applied:
During the year ended 31 May 2023 the company made a loss of £2,903 and had retained losses of £24,896 as at that date. The financial statements have been prepared on a going concern basis, the applicability of which is dependent on the continuous support from directors and will continue to receive financial assistance from its shareholders and companies related by common directorship as and when required.
The director has reviewed the company's liabilities over the next 12 months and considers the business to be a going concern.
Short term debtors are measured at transaction price, less any impairment.
Short term creditors are measured at the transaction price.
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The average monthly number of employees, including the directors, during the year was as follows:
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