NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023
Haifa Museum Limited is a private company, limited by shares, registered in England and Wales. The registered office address and principal place of business is at 369 Burnt Oak Broadway, Edgware, Middlesex, HA8 5AW.
The principal activity of the company is that of property investment.
The Company's functional and presentation currency is £ sterling.
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.
Short term debtors are measured at the transaction price, less any impairment.
Short term creditors are measured at the transaction price.
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, and loans to and from related parties.
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Creditors: Amounts falling due within one year
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