Registered number
09352462
OVERCROSS FILMS LIMITED
Filleted Accounts
31 December 2023
OVERCROSS FILMS LIMITED
Registered number: 09352462
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Current assets
Work in progress 1,898,844 1,898,844
Debtors 3 1 1
Cash at bank and in hand 4,115 10,795
1,902,960 1,909,640
Creditors: amounts falling due within one year 4 (1,895,000) (1,895,000)
Net current assets 7,960 14,640
Net assets 7,960 14,640
Capital and reserves
Called up share capital 1 1
Profit and loss account 7,959 14,639
Shareholder's funds 7,960 14,640
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Brian Brake
Director
Approved by the board on 9 September 2024
OVERCROSS FILMS LIMITED
Notes to the Accounts
for the year ended 31 December 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Work in progress
Work in progress is measured at the lower of cost and estimated selling price less costs to complete and sell. The Company is currently producing the film tentatively titled as Dostana 2 (the Film). Production cost of the Film at the balance sheet date is carried forward as work in progress on the basis that it is deemed recoverable from the future income/revenue of the Film.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 0 0
3 Debtors 2023 2022
£ £
Other debtors 1 1
4 Creditors: amounts falling due within one year 2023 2022
£ £
Advance against acquisition of Film 1,895,000 1,895,000
5 Related party transactions
During the year ending 31 December 2023, Breakthrough Consultants Limited invoiced the company for £5,000 (31/12/2022: £5,000).

Brian Brake, director of Breakthrough Consultants Limited, is a director of the Company.
6 Controlling party
Mr Parth Dholakia, the PSC of the Company is the ultimate controlling party.
7 Other information
OVERCROSS FILMS LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
c/o Suite F
1-3 Canfield Place
London
NW6 3BT
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