REGISTERED NUMBER: 04129034 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

THE PRODUCTION PEOPLE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr D I Harris

Mr M C Harris

Mr L M Harris

SECRETARY:

Mr D I Harris

REGISTERED OFFICE:

Kingsgate House

North Wing, Ground Floor

Newbury Road

Andover

Hampshire

SP10 4DU

BUSINESS ADDRESS:

Unit 9

Lains Business Park

Quarley

Andover

Hampshire

SP11 8PX

REGISTERED NUMBER:

04129034 (England and Wales)

FIXED ASSETS

Tangible assets

5

151,140

141,920

CURRENT ASSETS

Debtors

6

3,772

2,268

Cash at bank

5,747

2,139

9,519

4,407

CREDITORS

Amounts falling due within one year

7

114,602

95,278

NET CURRENT LIABILITIES

(105,083

)

(90,871

)

TOTAL ASSETS LESS CURRENT LIABILITIES

46,057

51,049

CREDITORS

Amounts falling due after more than one year

8

-

(7,544

)

PROVISIONS FOR LIABILITIES

(37,785

)

(35,480

)

NET ASSETS

8,272

8,025

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

8,172

7,925

SHAREHOLDERS' FUNDS

8,272

8,025

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 2 June 2026 and were signed on its behalf by:

Mr M C Harris - Director

1.	STATUTORY INFORMATION

The Production People 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

15% on reducing balance

All fixed assets are initially recorded at cost.

Taxation

Taxation for the year 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 year 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.

Foreign currencies

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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Operating lease agreements

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2025

627,422

7,998

83,107

718,527

Additions

13,750

14,205

17,224

45,179

Disposals

(28,424

)

-

(5,215

)

(33,639

)

At 31 December 2025

612,748

22,203

95,116

730,067

DEPRECIATION

At 1 January 2025

532,094

1,417

43,096

576,607

Charge for year

15,867

2,937

8,184

26,988

Eliminated on disposal

(20,942

)

-

(3,726

)

(24,668

)

At 31 December 2025

527,019

4,354

47,554

578,927

NET BOOK VALUE

At 31 December 2025

85,729

17,849

47,562

151,140

At 31 December 2024

95,328

6,581

40,011

141,920

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,144

-

Other debtors

2,628

2,268

3,772

2,268

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

7,544

8,849

Trade creditors

382

102

Taxation and social security

14,119

19,368

Other creditors

92,557

66,959

114,602

95,278

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

7,544

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

10.	OTHER FINANCIAL COMMITMENTS

Total future financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £2,500 (2024: £2,500)

This amount is in relation to operating lease commitments which are payable within 1 year (2024: 1 year)

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

£

Mr M C Harris

Balance outstanding at start of year

-

-

Amounts advanced

10,697

8,085

Amounts repaid

(10,697

)

(8,085

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

This loan was unsecured with interest charged at HMRC approved rates.