ACCOUNTS - Final Accounts

Registered number: 09007246

TEMPESTA FILM UK LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025


TEMPESTA FILM UK LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 6


TEMPESTA FILM UK LIMITED REGISTERED NUMBER:09007246

STATEMENT OF FINANCIAL POSITION

AS AT 30 APRIL 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		410		547
Investments	5		50		100
			460		647
Current assets
Debtors: amounts falling due within one year	6	61		1,759
Cash at bank and in hand		1,002		969
		1,063		2,728
Creditors: amounts falling due within one year	7	(8,323)		(7,757)
Net current liabilities			(7,260)		(5,029)

Net liabilities			(6,800)		(4,382)

Capital and reserves
Called up share capital	8	1	1
Profit and loss account		(6,801)	(4,383)
		(6,800)	(4,382)

Page 1


TEMPESTA FILM UK LIMITED REGISTERED NUMBER:09007246

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 30 APRIL 2025

The director considers 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 director acknowledges his 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 10 November 2025.

C Cresto Dina

Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2


TEMPESTA FILM UK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

1.	General information

Tempesta Film UK Limited is a limited liability company incorporated in England and Wales with its registered office at 97 Patschull Road, London, NW5 2LE.
The principal activity of the company is that of film production.

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 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:

2.2

Associates and joint ventures

Associates and Joint Ventures are held at cost less impairment.

2.3

Turnover

Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment

25%

reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.5

Debtors

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

Page 3


TEMPESTA FILM UK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

2.Accounting policies (continued)

2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without
penalty.

2.7

Creditors

Short term creditors are measured at the transaction price.

2.8

Grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of Comprehensive Income in the same period as the related expenditure.

2.9

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is £ sterling.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

2.10

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

Page 4


TEMPESTA FILM UK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

4.	Tangible fixed assets

		Office equipment
		£
	Cost or valuation
	At 1 May 2024	1,129
	At 30 April 2025	1,129
	Depreciation
	At 1 May 2024	582
	Charge for the year on owned assets	137
	At 30 April 2025	719
	Net book value
	At 30 April 2025	410
	At 30 April 2024	547

5.	Fixed asset investments

		Investments in associates
		£
	Cost or valuation
	At 1 May 2024	100
	Disposals	(50)
	At 30 April 2025	50

Debtors

					2025	2024
					£	£


Other debtors	61	1,759

Page 5


TEMPESTA FILM UK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	-	1,483
Other creditors	6,113	4,214
Accruals and deferred income	2,210	2,060
	8,323	7,757

8.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

1,000 Ordinary shares of £0.001 each	1	1

9.	Controlling party

The parent company is Tempesta S.R.L, a company registered in Italy.
C Cresto Dina is the ultimate controlling party.

Page 6