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SPONSOR GLOBAL HOSPITALITY LIMITED
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024
Sponsor Global Hospitality Limited is a private company limited by shares, registered in England and Wales, registration number 15086777. The registered office address is 20-22 Great Titchfield Street, London, W1W 8BE.
The company was incorporated on 21 August 2023 and has not commenced trading.
The principal activity of the company is that of a holding company.
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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006.
The following principal accounting policies have been applied:
Short-term debtors are measured at 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, loans from other third parties and loans to related parties.
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The average monthly number of employees, including directors, during the period was 2.
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Prepayments and accrued income
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2
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