The 1975 Productions LLP

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: OC401492

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	3,585,736		6,341,316
Cash at bank and in hand		1,971		81,752

		3,587,707		6,423,068
Creditors: Amounts Falling Due Within One Year	5	(3,587,707 )		(6,423,068 )

NET ASSETS ATTRIBUTABLE TO MEMBERS			-		-

REPRESENTED BY:
TOTAL MEMBERS' INTEREST
Amounts due from members			(2,486,914)		(691,748)

			(2,486,914)		(691,748)

For the year ending 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

Mr Matthew Healy

Designated Member

23/12/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

The 1975 Productions LLP is a limited liability partnership, incorporated in England & Wales, registered number OC401492 . The Registered Office is 1st Floor, 104 Oxford Street, London, W1D 1LP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. Going Concern Disclosure

The members have not identified any material uncertainties related to events or conditions that may cast significant doubt about the LLP's ability to continue as a going concern.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services in the form of live performances.

2.4. Financial Instruments

The company has only basic financial instruments.

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.

Basic financial liabilities

Basic financial liabilities, which include creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transactions.

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was as follows:

	2025	2024
Office and administration	4	4

	4	4

4. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	250,635	949,139
Prepayments and accrued income	316,531	4,344,065
Other Debtor	237,589	316,659
VAT	294,067	39,705
Amounts due from members	2,486,914	691,748

	3,585,736	6,341,316

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Page 3

The 1975 Productions LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	5,196	383,392
Other creditor	189	156,772
Accruals and deferred income	3,582,322	5,882,904

	3,587,707	6,423,068

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