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ROBINSON COLLEGE INVESTMENTS 1 LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
Robinson College Investments 1 Limited is a private company limited by shares and incorporated in England & Wales. Its registered office is Robinson College, Grange Road, Cambridge, CB3 9AN.
The company's functional and presentational currency is GBP.
The parent undertaking of the smallest group to consolidate these financial statements is Robinson College, which is a College of the University of Cambridge. The College's registered office is Grange Road, Cambridge, CB3 9AN.
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 unlisted companies are held at cost less provision for impairment as the market value can not be reliably determined.
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
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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.
The deed of covenant payable to the parent undertaking is recognised when it becomes legally payable.
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The Company has no employees other than the directors, who did not receive any remuneration (2024 - £NIL).
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