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MEAN GIRLS LONDON UK INVESTMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024
Mean Girls London UK Investment Limited is a private company limited by shares and registered in England & Wales. The address of its registered office is 45 Monmouth Street, London, WC25 9DG
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.
The following principal accounting policies have been applied:
Interest income is recognised in profit or loss using the effective interest method.
Investments in subsidiaries are measured at cost less accumulated impairment.
Investments in theatrical productions are recognised at the recoupable amount at the reporting date being the amount invested less amounts recovered, plus anticipated profits and after making provision for losses where recovery of outstanding investments in full is not anticipated.
Short term debtors are measured at the transaction price, less any impairment.
Short term creditors are measured at the transaction price, less any impairment.
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The average monthly number of employees, including directors, during the period was 3.
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