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SECURITIES TRAINING CORPORATION LIMITED
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023
Securities Training Corporation Limited is a private company, limited by shares, registered in England and Wales, registration number 03283903.
The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.
The company is dormant and has not traded during the year.
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 functional and presentational currency is pound sterling.
Intangible fixed asssets comprise the acquisition of the company's corporate name which is shown at valuation. The director undertakes an annual review of its valution and the name is not written down unless there is a permanent dimunition in its value.
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.
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The average monthly number of employees, including directors, during the year was 2 (2022 - 2).
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3
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