Company Registration No. 10062868 (England and Wales)
TT Productions Group Limited
Unaudited accounts
for the year ended 31 March 2024
TT Productions Group Limited
Unaudited accounts
Contents
TT Productions Group Limited
Company Information
for the year ended 31 March 2024
Directors
Ronak Patel
Amit Patel
Company Number
10062868 (England and Wales)
Registered Office
Rmr Partnership
104 College Road
Harrow
Middlesex
HA1 1BQ
UNITED KINGDOM
Accountants
RMR Partnership LLP
3rd Floor, Vyman House
104 College Road
Harrow
Middlesex
HA1 1BQ
TT Productions Group Limited
Statement of financial position
as at 31 March 2024
Tangible assets
23,335
42,360
Cash at bank and in hand
72,304
405,983
Creditors: amounts falling due within one year
(522,369)
(312,833)
Net current assets
29,266
327,923
Total assets less current liabilities
52,601
370,283
Creditors: amounts falling due after more than one year
(10,450)
(20,918)
Called up share capital
2
2
Profit and loss account
42,149
349,363
Shareholders' funds
42,151
349,365
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 December 2024 and were signed on its behalf by
Ronak Patel
Director
Company Registration No. 10062868
TT Productions Group Limited
Notes to the Accounts
for the year ended 31 March 2024
TT Productions Group Limited is a private company, limited by shares, registered in England and Wales, registration number 10062868. The registered office is Rmr Partnership, 104 College Road, Harrow, Middlesex, HA1 1BQ, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% as per reducing balance method
Computer equipment
33.33% as per straight line method
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
22,496
56,223
78,719
At 31 March 2024
22,496
61,330
83,826
At 1 April 2023
9,093
27,266
36,359
Charge for the year
5,624
18,508
24,132
At 31 March 2024
14,717
45,774
60,491
At 31 March 2024
7,779
15,556
23,335
At 31 March 2023
13,403
28,957
42,360
TT Productions Group Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
39,752
36,389
Accrued income and prepayments
-
9,884
Other debtors
439,579
188,500
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,537
10,749
Taxes and social security
369,715
271,013
Other creditors
15,286
17,961
Loans from directors
111,878
5,670
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 22 (2023: 23).