Company Registration No. 15729219 (England and Wales)
Project Temple Productions Limited
Unaudited financial statements
for the period ended 30 November 2024
Pages for filing with the registrar
Project Temple Productions Limited
Contents
Page
Statement of financial position
1
Notes to the financial statements
2 - 5
Project Temple Productions Limited
Statement of financial position
As at 30 November 2024
30 November 2024
1
2024
Notes
£
£
Current assets
Debtors
4
2,591,958
Cash at bank and in hand
4,647,194
7,239,152
Creditors: amounts falling due within one year
5
(7,239,150)
Net current assets
2
Capital and reserves
-
Called up share capital
2

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

For the financial period ended 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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.

T he members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 15 January 2026 and are signed on its behalf by:
Rebecca Leigh
Director
Company Registration No. 15729219
Project Temple Productions Limited
Notes to the financial statements
For the period ended 30 November 2024
2
1
Accounting policies
Company information

Project Temple Productions Limited is a private company limited by shares incorporated in England and Wales. The registered office is 53 Greek Street, London, W1D 3DR.

1.1
Reporting period

The financial statements cover the period from incorporation on 19 May 2024 to 30 November 2024, a period of less than a year. The current period of account has been shortened to align with the stage of production.

1.2
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.3
Turnover

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the period, including estimates of amounts not invoiced. Value of work done in respect of long-term contracts and contracts for on-going services is determined by reference to stage of completion.

The "percent completion method" is used to determine the appropriate amount to recognise in a given period. The stage of completion is measured by the proportion of contract costs incurred for work performed to date compared to the estimated total contract costs. Costs incurred in the period in connection with future activity on a contract are excluded from contract costs in determining the stage of completion. These costs are presented as stocks, prepayments or other assets depending on their nature, and provided it is probable they will be recovered.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.5
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 statement of financial position 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.

Project Temple Productions Limited
Notes to the financial statements (continued)
For the period ended 30 November 2024
1
Accounting policies (continued)
3
Basic financial assets

Basic financial assets, which include debtors, 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 paymen ts 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. A m ounts 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.

1.6
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.

1.7
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

1.8
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

Project Temple Productions Limited
Notes to the financial statements (continued)
For the period ended 30 November 2024
4
2
Critical accounting judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are 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 considered to be 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.

3
Employees

The average monthly number of persons (including directors) employed by the company during the period was:

2024
Number
Total
1
4
Debtors
2024
Amounts falling due within one year:
£
Trade debtors
123
Amounts owed by group undertakings
30,242
Other debtors
619,378
Prepayments and accrued income
1,942,215
2,591,958
5
Creditors: amounts falling due within one year
2024
£
Other creditors
7,239,150
6
Operating lease commitments

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2024
£
5,676,645
Project Temple Productions Limited
Notes to the financial statements (continued)
For the period ended 30 November 2024
5
7
Parent company

The company was under the control of the Directors throughout the period.

2024-11-30 2024-05-19 false false false 20 January 2026 CCH Software CCH Accounts Production 2024.301 No description of principal activity Rebecca Leigh Gail Egan 15729219 2026-01-15 15729219 2024-05-19 2024-11-30 15729219 2024-11-30 15729219 core:CurrentFinancialInstruments core:WithinOneYear 2024-11-30 15729219 core:ShareCapital 2024-11-30 15729219 bus:Director1 2024-05-19 2024-11-30 15729219 core:CurrentFinancialInstruments 2024-11-30 15729219 bus:PrivateLimitedCompanyLtd 2024-05-19 2024-11-30 15729219 bus:SmallCompaniesRegimeForAccounts 2024-05-19 2024-11-30 15729219 bus:FRS102 2024-05-19 2024-11-30 15729219 bus:AuditExemptWithAccountantsReport 2024-05-19 2024-11-30 15729219 bus:Director2 2024-05-19 2024-11-30 15729219 bus:FullAccounts 2024-05-19 2024-11-30 xbrli:pure xbrli:shares iso4217:GBP