Testament Productions Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 01537985

Testament Productions Ltd

Filleted Unaudited Financial Statements

28 February 2026

Testament Productions Ltd

Statement of Financial Position

28 February 2026

	2026		2025
Note	£	£	£

Fixed assets

Tangible assets	5	163	440
Investments	6	1,045,276	909,723
		------------	---------
		1,045,439	910,163

Current assets

Debtors	7	41,533	26,437
Cash at bank and in hand		233,092	297,826
		---------	---------
		274,625	324,263

Creditors: amounts falling due within one year	8	( 509,616)		( 449,381)
		---------		---------
Net current liabilities			( 234,991)	( 125,118)
			------------	---------
Total assets less current liabilities			810,448	785,045
			---------	---------
Net assets			810,448	785,045
			---------	---------

Capital and reserves

Called up share capital	220	220
Profit and loss account	810,228	784,825
	---------	---------
Shareholders funds	810,448	785,045
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Testament Productions Ltd

Statement of Financial Position (continued)

28 February 2026

These financial statements were approved by the board of directors and authorised for issue on 23 October 2026 , and are signed on behalf of the board by:

Ms M E Wilcox

Director

Company registration number: 01537985

Testament Productions Ltd

Notes to the Financial Statements

Year ended 28 February 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 10 Orange Street, Haymarket, London, WC2H 7DQ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

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

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings	-	20% reducing balance
Equipment	-	33% straight line

Investments

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

Financial instruments

Financial instruments are classified and accounted for, accounting to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments of the company after deducting all of its liabilities.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 4 (2025: 4 ).

5. Tangible assets

	Fixtures and fittings	Equipment	Total
	£	£	£
Cost
At 1 March 2025 and 28 February 2026	4,566	2,686	7,252
	-------	-------	-------
Depreciation
At 1 March 2025	4,362	2,450	6,812
Charge for the year	41	236	277
	-------	-------	-------
At 28 February 2026	4,403	2,686	7,089
	-------	-------	-------
Carrying amount
At 28 February 2026	163	–	163
	-------	-------	-------
At 28 February 2025	204	236	440
	-------	-------	-------

6. Investments

	Other investments other than loans
	£
Cost
At 1 March 2025	909,723
Additions	111,415
Disposals	( 67,781)
Revaluations	91,919
	------------
At 28 February 2026	1,045,276
	------------
Impairment
At 1 March 2025 and 28 February 2026	–
	------------

Carrying amount
At 28 February 2026	1,045,276
	------------
At 28 February 2025	909,723
	------------

7. Debtors

	2026	2025
	£	£
Other debtors	41,533	26,437
	--------	--------

8. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	85	2,220
Social security and other taxes	212	361
Other creditors	509,319	446,800
	---------	---------
	509,616	449,381
	---------	---------

Other creditors include £503,779(2025: £442,400) due to the directors.