Registration number: 09325512

The Production Guild of Great Britain

Contents

Company Information	1
Statement of Financial Position	2
Notes to the Financial Statements	3 to 5

The Production Guild of Great Britain

Company Information

Directors

J A Graydon M J Kilpatrick

Registered office

130 Shaftesbury Avenue 2nd Floor London United Kingdom W1D 5EU

Auditor

Brebners Chartered Accountants & Statutory Auditor 130 Shaftesbury Avenue London W1D 5AR

The Production Guild of Great Britain

Statement of Financial Position as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Investments	5	5	5
Current assets
Debtors	6	547	967
Cash at bank and in hand		218,903	291,784
		219,450	292,751
Creditors: Amounts falling due within one year	7	(107,866)	(123,685)
Net current assets		111,584	169,066
Net assets		111,589	169,071
Reserves
Retained earnings		111,589	169,071
Surplus		111,589	169,071

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The directors of The Production Guild of Great Britain have elected not to include a copy of the Income Statement within the financial statements, in accordance with the special provisions relating to companies subject to the small companies regime within the Companies Act 2006, s444.

Approved and authorised by the Board on 1 October 2026 and signed on its behalf by:
 

.........................................

J A Graydon

Director

Company registration number: 09325512

The Production Guild of Great Britain

Notes to the Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

The address of its registered office is:
130 Shaftesbury Avenue
2nd Floor
London
W1D 5EU
 

The principal activity of the company is to promote, maintain and protect the highest standards of production, management, accounting, costing and financial administration in film, television and media production.

2	Audit Report

The Independent Auditor's Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 19 October 2026 was Martin Widdowson, who signed for and on behalf of Brebners.

3	Accounting policies

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' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Summary of disclosure exemptions

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 399 of the Companies Act 2006 on the basis that the company and its subsidiary undertaking comprise a small group.

The Production Guild of Great Britain

Notes to the Financial Statements for the Year Ended 31 March 2026

Going concern

The company had net assets at 31 March 2026 of £111,589, including cash at bank of £218,903.

The directors, together with senior management, have considered the potential impact of the current economic environment on the company and its members, taking into account industry conditions both domestically and internationally. They remain confident that the company is well-positioned to manage its current challenges.

The company’s reserves are sufficient to meet its working capital requirements for a period of at least 12 months from the date of approval of the financial statements.

Having made enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on the going concern basis which the directors believe to be appropriate.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable in the ordinary course of the company's activities, in respect of membership subscriptions. Turnover is shown net of value added tax, rebates and discounts.

The company recognises revenue from subscriptions over the period to which the membership relates.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

The Production Guild of Great Britain

Notes to the Financial Statements for the Year Ended 31 March 2026

4	Staff numbers

The average number of persons employed by the company during the year was 4 (2025 - 4).

5	Investments

	2026 £	2025 £
Investments in subsidiaries	5	5