ENTERTAINMENT EXHIBITIONS INTERNATIONAL (UK) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024
Entertainment Exhibitions International (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 11947570, registered office 230 Temple Chambers Temple Avenue, London, England, EC4Y 0HP.
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 disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
Government grants relating to staff expenditure are recognised in accordance with the accrual model and on a systematic basis over the employment periods covered by the grant.
Grants of a revenue nature are recognised in the Statement of Comprehensive Income in the same period as the related expenditure.
All borrowing costs are recognised in profit or loss in the period in which they are incurred.
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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.
Short term creditors are measured at the transaction price.
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Amounts owed by group undertakings
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