ASTORIA PRODUCTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
Astoria Productions Limited is a private company limited by shares incorporated in the United Kingdom and registered in England and Wales. The address of its registered office and principal place of business is Eon House, 138 Piccadilly, London, W1J 7NR.
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 company's functional and presentational currency is GBP.
The following principal accounting policies have been applied:
The director has considered the company's cash flow requirements and has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. As a result, the director believes that the company will have sufficient funds to settle all of its debts as they fall due for at least 12 months from signing the accounts and has therefore prepared these financial statements on the going concern basis.
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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.
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like other creditors.
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 1 (2021 - 2).
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Creditors: Amounts falling due within one year
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