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Registered number: 11518340
Hill Film Limited
Unaudited Financial Statements
For the Period 1 July 2024 to 8 November 2024
EAM London Limited
Chartered Tax Accountants
215-221 Borough High Street
London
SE1 1JA
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 11518340
8 November 2024 30 June 2024
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 82,445 94,381
Cash at bank and in hand 19,012 75,058
101,457 169,439
Creditors: Amounts Falling Due Within One Year 5 (207,813 ) (129,650 )
NET CURRENT ASSETS (LIABILITIES) (106,356 ) 39,789
TOTAL ASSETS LESS CURRENT LIABILITIES (106,356 ) 39,789
Creditors: Amounts Falling Due After More Than One Year 6 (570,400 ) (380,000 )
NET LIABILITIES (676,756 ) (340,211 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (676,856 ) (340,311 )
SHAREHOLDERS' FUNDS (676,756) (340,211)
For the period ending 8 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Ms Victoria Barrell
Director
12/11/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Hill Film Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11518340 . The registered office is 206 Smartbase Target Road, Aviation Park, Christchurch, BH23 6NW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
The company has been incorporated to produce the film "Hill". In common with the film and television industry the majority of the crew are hired on short term contracts for the uration of the principal photography or are self employed. 
None of the directors received any form of remuneration.
The average number of employees including directors are:  2 (2024: 2)
2 2
4. Debtors
8 November 2024 30 June 2024
£ £
Due within one year
Other debtors - 135
Corporation tax recoverable assets 81,830 79,554
VAT 615 14,692
82,445 94,381
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Page 3
5. Creditors: Amounts Falling Due Within One Year
8 November 2024 30 June 2024
£ £
Trade creditors 1,143 552
Net wages - 4,136
Other creditors 100 100
Production Loan 191,694 115,929
Accruals and deferred income 14,876 8,933
207,813 129,650
6. Creditors: Amounts Falling Due After More Than One Year
8 November 2024 30 June 2024
£ £
Other creditors 570,400 380,000
7. Share Capital
8 November 2024 30 June 2024
£ £
Allotted, Called up and fully paid 100 100
8. Controlling Party
The company's controlling party is Sylver Entertainment Ltd by virtue of its ownership of 90% of the issued share capital in the company.
9. Additional Notes
Registered at Companies House, 2 charges over the company as follows:
Charge code: 1151 8340 0001
Created:15/12/2023
Persons entitled: INDEPENDENT FILM SALES LIMITED
Brief description: Floating charge covers all the property or undertaking of the company.
Charge code: 1151 8340 0002
Created:15/12/2023
Persons entitled: SYLVER ENTERTAINMENT LIMITED
Brief description: Floating charge covers all the property or undertaking of the company.
Page 3