18 Rosary Gardens Limited
Notes to the financial statements
For the Year Ended 31 December 2023
The company is registered as a private limited company by shares, incorporated and domiciled in England & Wales.The company's registered office is at 18 Rosary Gardens, South Kensington, London, SW7 4NT.
The principal activity of the company in the year under review is that of maintaining 18 Rosary Gardens.
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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006.
The following principal accounting policies have been applied:
Short term debtors are measured at transaction price.
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Cash and cash equivalents
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Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
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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Prepayments and accrued income
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Cash and cash equivalents
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