NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
HTM (TP) Limited is a limited liability company registered in England and Wales. Its registered office address is at 7 Savoy Court, London, United Kingdom, WC2R 0EX.
The principal activity of the Company is that of creation of content for broadcast media.
The Company's functional and presentational currency is £ sterling.
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Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of
Financial Reporting Standard 102, the Financial Reporting Standard applicable in
the UK and the Republic of Ireland and the Companies Act 2006
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The following principal accounting policies have been applied:
The Company made a loss for the year and at the Statement of Financial Position date has net current liabilities and net liabilities. The directors have obtained assurance from the shareholders that funds will be made available to the Company so that it will be able to carry on trading and meet its financial obligations as and when they fall due for at least twelve months from the date the accounts are approved. The accounts have been prepared under going concern on this basis.
Short term debtors are measured at the transaction price, less any impairment.
The Company only enters into transactions that result in basic financial instruments such as other creditors and loans to related parties.
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The average monthly number of employees, including directors, during the year was
3
(2019 -
3
)
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Amounts owed by group undertakings
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Prepayments and accrued income
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