Caseware UK (AP4) 2021.0.152 2021.0.152 2021-12-312021-12-312022-05-042021-01-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.3falseContent production3falsetrue 12311940 2021-01-01 2021-12-31 12311940 2020-01-01 2020-12-31 12311940 2021-12-31 12311940 2020-12-31 12311940 c:Director2 2021-01-01 2021-12-31 12311940 d:CurrentFinancialInstruments 2021-12-31 12311940 d:CurrentFinancialInstruments 2020-12-31 12311940 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 12311940 d:CurrentFinancialInstruments d:WithinOneYear 2020-12-31 12311940 d:ShareCapital 2021-12-31 12311940 d:ShareCapital 2020-12-31 12311940 d:RetainedEarningsAccumulatedLosses 2021-12-31 12311940 d:RetainedEarningsAccumulatedLosses 2020-12-31 12311940 c:OrdinaryShareClass1 2021-01-01 2021-12-31 12311940 c:OrdinaryShareClass1 2021-12-31 12311940 c:OrdinaryShareClass1 2020-12-31 12311940 c:FRS102 2021-01-01 2021-12-31 12311940 c:AuditExempt-NoAccountantsReport 2021-01-01 2021-12-31 12311940 c:FullAccounts 2021-01-01 2021-12-31 12311940 c:PrivateLimitedCompanyLtd 2021-01-01 2021-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 12311940













HTM (TP) LIMITED
UNAUDITED
FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

 
HTM (TP) LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1
Notes to the Financial Statements
 
2 - 4


 
HTM (TP) LIMITED
REGISTERED NUMBER:12311940

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2021

2021
2020
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
13,106,470
105,448

Cash at bank and in hand
  
28,689
-

  
13,135,159
105,448

Current liabilities
  

Creditors: amounts falling due within one year
 5 
(13,613,840)
(106,059)

Net liabilities
  
(478,681)
(611)


Capital and reserves
  

Called up share capital 
 6 
1
1

Profit and loss account
  
(478,682)
(612)

  
(478,681)
(611)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 4 May 2022.




A J Dugdale
Director

The notes on pages 2 to 4 form part of these financial statements.
Page 1

 
HTM (TP) LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

1.


General information

HTM (TP) Limited is a limited liability company registered in England and Wales. Its registered office address is at 7 Savoy Court, London, United Kingdom, WC2R 0EX. 
The principal activity of the Company is that of creation of content for broadcast media.
The Company's functional and presentational currency is £ sterling.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

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 following principal accounting policies have been applied:

 
2.2

Going concern

The Company made a loss for the year and at the Statement of Financial Position date has net current liabilities and net liabilities. The directors have obtained assurance from the shareholders that funds will be made available to the Company so that it will be able to carry on trading and meet its financial obligations as and when they fall due for at least twelve months from the date the accounts are approved. The accounts have been prepared under going concern on this basis.

 
2.3

Revenue

Turnover comprises income receivable in respect of Television production, exclusive of Value Added Tax.
Production turnover and gross profit are recognised over the period of the production, on a stage of completion and straight line basis respectively.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.5

Debtors

Short term debtors are measured at the transaction price, less any impairment.

 
2.6

Cash and cash equivalents

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.

Page 2

 
HTM (TP) LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

2.Accounting policies (continued)

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.8

Financial instruments

The Company only enters into transactions that result in basic financial instruments such as other creditors and loans to related parties.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2020 - 3).


4.


Debtors

2021
2020
£
£


Trade debtors
3,258
-

Other debtors
2,828,319
-

Prepayments and accrued income
9,829,502
105,448

Tax recoverable
445,391
-

13,106,470
105,448



5.


Creditors: Amounts falling due within one year

2021
2020
£
£

Bank overdrafts
-
120

Bank loans
10,887,045
-

Trade creditors
195,760
-

Amounts owed to group undertakings
1,541,592
53,459

Other creditors
11,484
-

Accruals and deferred income
977,959
52,480

13,613,840
106,059


Page 3

 
HTM (TP) LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

6.


Share capital

2021
2020
£
£
Allotted, called up and fully paid



1 (2020 - 1) Ordinary share of £1
1
1



7.


Related party transactions

The Company has taken advantage of the exemption under FRS102 33.1A Related Party Disclosures not to disclose transactions entered into between two or more members of a group, provided that any subsidiary undertaking which is a party to the transaction is wholly owned by a member of that group.


8.


Controlling party

The ultimate parent company and controlling party is HTM Television Limited, a company registered in England and Wales.

 
Page 4