WAITRESS TOUR INVESTMENT LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Waitress Tour Investment Ltd is a private company limited by shares and registered in England & Wales. The address of its registered office is 45 Monmouth Street, London, WC2H 9DG.
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:
Investments in theatrical productions are recognised at the recoupable amount at the reporting date being the amount invested less amounts recovered, plus anticipated profits and after making provision for losses where recovery of outstanding investments in full is not anticipated.
Short term creditors are measured at the transaction price, less any impairment.
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like investments in productions, debtors and creditors and loans from related parties.
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The average monthly number of employees, including directors, during the year was 2 (2022 - 2) and they did not receive any remuneration.
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Current asset investments
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