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REGISTERED NUMBER: 14926504 (England and Wales)















Unaudited Financial Statements

for the Period 9 June 2023 to 30 June 2024

for

PROJECT 30 CREATIVE CONTENT LIMITED

PROJECT 30 CREATIVE CONTENT LIMITED (REGISTERED NUMBER: 14926504)






Contents of the Financial Statements
for the Period 9 June 2023 to 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PROJECT 30 CREATIVE CONTENT LIMITED

Company Information
for the Period 9 June 2023 to 30 June 2024







DIRECTORS: Mr A Goldsmith
Professor J S Shalit OBE





REGISTERED OFFICE: 33 Great Pulteney Street
London
W1F 9NP





REGISTERED NUMBER: 14926504 (England and Wales)





ACCOUNTANTS: TC Group
First Floor
Spitalfields House
Stirling Way
Borehamwood
Hertfordshire
WD6 2FX

PROJECT 30 CREATIVE CONTENT LIMITED (REGISTERED NUMBER: 14926504)

Balance Sheet
30 June 2024

Notes £   
FIXED ASSETS
Intangible assets 4 -
Tangible assets 5 2,580
2,580

CURRENT ASSETS
Debtors 6 38,646
Cash at bank and in hand 279
38,925
CREDITORS
Amounts falling due within one year 7 (63,638 )
NET CURRENT LIABILITIES (24,713 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(22,133

)

CAPITAL AND RESERVES
Called up share capital 8 100
Retained earnings (22,233 )
SHAREHOLDERS' FUNDS (22,133 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 April 2025 and were signed on its behalf by:





Professor J S Shalit OBE - Director


PROJECT 30 CREATIVE CONTENT LIMITED (REGISTERED NUMBER: 14926504)

Notes to the Financial Statements
for the Period 9 June 2023 to 30 June 2024

1. STATUTORY INFORMATION

Project 30 Creative Content Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period or in the period of the revision and future periods where the revision affects both current and future periods.

There are no significant judgements or estimates involved in the preparation of the financial statements

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

Property, plant and equipment
Property, plant and equipment are stated at cost less accumulated depreciation and accumulated impairment losses. Such cost includes costs directly attributable to making the assets capable of operating as intended.

The carrying value of tangible assets are reviewed for impairment when events or changes in circumstances indicate the carrying value may not be recoverable.

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and fittings - 25% on reducing balance

PROJECT 30 CREATIVE CONTENT LIMITED (REGISTERED NUMBER: 14926504)

Notes to the Financial Statements - continued
for the Period 9 June 2023 to 30 June 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

PROJECT 30 CREATIVE CONTENT LIMITED (REGISTERED NUMBER: 14926504)

Notes to the Financial Statements - continued
for the Period 9 June 2023 to 30 June 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The directors have considered the company's financial resources and performance and believe that the company is well placed to manage its business risks successfully and that the company has adequate resources to continue in operational existence for the foreseeable future. Consequently, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 9 June 2023 (1,747 )
Additions 1,747
At 30 June 2024 -
NET BOOK VALUE
At 30 June 2024 -
At 8 June 2023 (1,747 )

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 3,059
At 30 June 2024 3,059
DEPRECIATION
Charge for period 479
At 30 June 2024 479
NET BOOK VALUE
At 30 June 2024 2,580

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 35,112
Amounts owed by group undertakings 2,326
Other debtors 1,208
38,646

PROJECT 30 CREATIVE CONTENT LIMITED (REGISTERED NUMBER: 14926504)

Notes to the Financial Statements - continued
for the Period 9 June 2023 to 30 June 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts 1,026
Trade creditors 51,799
Taxation and social security 9,439
Other creditors 1,374
63,638

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1 100

9. RELATED PARTY DISCLOSURES

Included within debtors due less than one year is an amount of £2,326 due from a connected company with common shareholdings.

The loan was interest free and repayable on demand.