Company Registration No. 09972486 (England and Wales)
eOne Features (Development) Limited
Annual report and financial statements
for the year ended 26 December 2023
eOne Features (Development) Limited
Company information
Directors
Steven Andriuzzo
Kim Mullenger
Andrew Clary
(Appointed 1 May 2024)
Sandra Benoit
(Appointed 1 May 2024)
Company number
09972486
Registered office
5th Floor
45 Mortimer Street
London
W1W 8HJ
Independent auditor
Saffery LLP
71 Queen Victoria Street
London
EC4V 4BE
eOne Features (Development) Limited
Contents
Page
Directors' report
1 - 2
Directors' responsibilities statement
3
Independent auditor's report
4 - 6
Income statement
7
Statement of financial position
8
Statement of changes in equity
9
Notes to the financial statements
10 - 16
eOne Features (Development) Limited
Directors' report
For the year ended 27 December 2023
1
The directors present their annual report and financial statements for the year ended 27 December 2023.
Principal activities
The principal activity of the Company continued to be that of development of cinematographic films.
Results and dividends
The results for the year are set out on page 7.
Directors
The directors who held office during the year and up to the date of signature of the financial statements were as follows:
Steven Andriuzzo
Kim Mullenger
Andrew Clary
(Appointed 1 May 2024)
Sandra Benoit
(Appointed 1 May 2024)
Auditor
In accordance with the company's articles, a resolution proposing that Saffery LLP be reappointed as auditor of the company will be put at a General Meeting.
Statement of disclosure to auditor
So far as each person who was a director at the date of approving this report is aware, there is no relevant audit information of which the Company’s auditor is unaware. Additionally, the directors individually have taken all the necessary steps that they ought to have taken as directors in order to make themselves aware of all relevant audit information and to establish that the Company’s auditor is aware of that information.
Going concern
The Directors adopt the going concern basis in preparing the financial statements. Further details are set out in Note 1.2.
eOne Features (Development) Limited
Directors' report (continued)
For the year ended 27 December 2023
2
Non-adjusting events
The following non-adjusting events have occurred since 26 December 2023:
On 27 December 2023, Alliance Films (UK) Limited, as part of the wider group Entertainment One, was sold to Lions Gate Entertainment Corporation. The result is such that Hasbro, Inc. is no longer the ultimate controlling party.
On behalf of the board
Steven Andriuzzo
Director
25 November 2024
eOne Features (Development) Limited
Directors' responsibilities statement
For the year ended 27 December 2023
3
The directors are responsible for preparing the annual report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period. In preparing these financial statements, the directors are required to:
select suitable accounting policies and then apply them consistently;
make judgements and accounting estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company’s transactions and disclose with reasonable accuracy at any time the financial position of the Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
eOne Features (Development) Limited
Independent auditor's report
To the members of eOne Features (Development) Limited
4
Opinion
We have audited the financial statements of eOne Features (Development) Limited (the 'Company') for the year ended 27 December 2023 which comprise the income statement, the statement of financial position, the statement of changes in equity and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and International Financial Reporting Standards (IFRSs) as adopted by the European Union.
In our opinion the financial statements:
give a true and fair view of the state of the company's affairs as at 27 December 2023 and of its loss for the year then ended;
have been properly prepared in accordance with UK adopted international accounting standards; and
have been prepared in accordance with the requirements of the Companies Act 2006.
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the Company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
The directors are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information we are required to report that fact.
We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
the information given in the strategic report and the directors' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
the strategic report and the directors' report have been prepared in accordance with applicable legal requirements.
eOne Features (Development) Limited
Independent auditor's report (continued)
To the members of eOne Features (Development) Limited
5
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the Company and its environment obtained in the course of the audit, we have not identified material misstatements in the strategic report and the directors' report.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
the financial statements are not in agreement with the accounting records and returns; or
certain disclosures of directors' remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit.
Responsibilities of directors
As explained more fully in the directors' responsibilities statement, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the directors are responsible for assessing the Company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the Company or to cease operations, or have no realistic alternative but to do so.
Auditor's responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud are detailed below.
Identifying and assessing risks related to irregularities:
We assessed the susceptibility of the company’s financial statements to material misstatement and how fraud might occur, including through discussions with the directors, discussions within our audit team planning meeting, updating our record of internal controls and ensuring these controls operated as intended. We evaluated possible incentives and opportunities for fraudulent manipulation of the financial statements. We identified laws and regulations that are of significance in the context of the company by discussions with directors and by updating our understanding of the sector in which the company operates.
Laws and regulations of direct significance in the context of the company include The Companies Act 2006 and UK Tax legislation.
Audit response to risks identified
We considered the extent of compliance with these laws and regulations as part of our audit procedures on the related financial statement items including a review of financial statement disclosures. We reviewed the company's records of breaches of laws and regulations, minutes of meetings and correspondence with relevant authorities to identify potential material misstatements arising. We discussed the company's policies and procedures for compliance with laws and regulations with members of management responsible for compliance.
eOne Features (Development) Limited
Independent auditor's report (continued)
To the members of eOne Features (Development) Limited
6
During the planning meeting with the audit team, the engagement partner drew attention to the key areas which might involve non-compliance with laws and regulations or fraud. We enquired of management whether they were aware of any instances of non-compliance with laws and regulations or knowledge of any actual, suspected or alleged fraud. We addressed the risk of fraud through management override of controls by testing the appropriateness of journal entries and identifying any significant transactions that were unusual or outside the normal course of business. We assessed whether judgements made in making accounting estimates gave rise to a possible indication of management bias. At the completion stage of the audit, the engagement partner’s review included ensuring that the team had approached their work with appropriate professional scepticism and thus the capacity to identify non-compliance with laws and regulations and fraud.
There are inherent limitations in the audit procedures described above and the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion.
A further description of our responsibilities is available on the Financial Reporting Council's website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.
This report is made solely to the Company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Company’s members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company’s members as a body, for our audit work, for this report, or for the opinions we have formed.
Darren Drake (Senior Statutory Auditor)
For and on behalf of Saffery LLP
27 November 2024
Statutory Auditors
71 Queen Victoria Street
London
EC4V 4BE
eOne Features (Development) Limited
Income statement
For the year ended 27 December 2023
7
Year
Period
ended
ended
26 December
25 December
2023
2022
Notes
$
$
Revenue
3
2,901,844
1,439,621
Cost of sales
(2,901,844)
(1,439,621)
Gross profit
-
-
Administrative expenses
(131,495)
(63,177)
Operating loss
4
(131,495)
(63,177)
Investment income
6
930
Finance costs
7
(322,333)
Loss before taxation
(453,828)
(62,247)
Taxation (expense)/income
8
-
12,013
Loss and total comprehensive income for the year
15
(453,828)
(50,234)
The income statement has been prepared on the basis that all operations are continuing operations.
eOne Features (Development) Limited
Statement of financial position
As at 27 December 2023
8
2023
2022
Notes
$
$
Non-current assets
Intangible assets
10
1,657,036
Current assets
Trade and other receivables
11
9,989,151
1,894,123
Cash and cash equivalents
111,908
375,899
10,101,059
2,270,022
Total assets
10,101,059
3,927,058
Current liabilities
Trade and other payables
13
874,271
3,804,863
Net current assets/(liabilities)
9,226,788
(1,534,841)
Net assets
9,226,788
122,195
Equity
Called up share capital
14
2
1
Share premium account
12
9,558,420
Retained earnings
15
(331,634)
122,194
Total equity
9,226,788
122,195
The financial statements were approved by the board of directors and authorised for issue on 25 November 2024 and are signed on its behalf by:
Steven Andriuzzo
Director
Company Registration No. 09972486
eOne Features (Development) Limited
Statement of changes in equity
For the year ended 27 December 2023
9
Share capital
Share premium account
Retained earnings
Total
Notes
$
$
$
$
Balance at 27 December 2021
1
172,428
172,429
Period ended 25 December 2022:
Loss and total comprehensive income
-
-
(50,234)
(50,234)
Balance at 25 December 2022
1
122,194
122,195
Period ended 27 December 2023:
Loss and total comprehensive income
-
-
(453,828)
(453,828)
Transactions with owners:
Issue of share capital
14
1
9,558,420
-
9,558,421
Balance at 27 December 2023
2
9,558,420
(331,634)
9,226,788
eOne Features (Development) Limited
Notes to the financial statements
For the year ended 27 December 2023
10
1
Accounting policies
Company information
eOne Features (Development) Limited is a private company limited by shares incorporated in England and Wales. The registered office is 5th Floor, 45 Mortimer Street, London, W1W 8HJ.
The nature of the Company's operations and the principal activity of the Company continued to be that of development of cinematographic films.
These financial statements are presented in USA dollars because that is the currency of the primary economic environment in which the Company operates.
1.1
Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 101 'Reduced Disclosure Framework'.
In preparing the financial statements, the Company applies the recognition, measurement and disclosure requirement of International Financial Reporting Standards as adopted by the EU (“adopted IFRSs”), but makes amendments where necessary in order to comply with the Companies Act 2006 and has set out below where advantage of the FRS 101 disclosure exemptions has been taken.
The Company is a qualifying entity for the purposes of FRS 101. Note 16 gives details of the Company’s parent and from where its consolidated financial statements may be obtained.
Financial Reporting Standard 101 - reduced disclosure exemptions
The Company has taken advantage of the following disclosure exemptions under FRS 101:
the requirements of paragraphs 91-99 of IFRS 13 'Fair Value Measurement';
the requirement in paragraph 38 of IAS 1 'Presentation of Financial Statements' to present comparative information in respect of paragraph 118(e) of IAS 38 Intangible Assets;
the requirements of paragraphs 10(d), 10(f), 39(c) and 134-136 of IAS 1 'Presentation of Financial Statements';
the requirements of IAS 7 'Statement of Cash Flows';
the requirements of paragraphs 30 and 31 of IAS 8 'Accounting Policies, Changes in Accounting Estimates and Errors';
the requirements of paragraph 17 of IAS 24 'Related Party Disclosures';
the requirements in IAS 24 'Related Party Disclosures' to disclose related party transactions entered into between two or more members of a group, provided that any subsidiary which is a party to the transaction is wholly owned by such a member.
1.2
Going concern
The directors have at the time of approving the financial statements, a reasonable expectation that the trueCompany has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3
Development costs
Costs for projects that are in development and for which the realisation of expenditure can be reasonably determined are classified and capitalised in accordance with IAS 38 Intangible Assets as productions in progress within investment in productions. Upon greenlight of a film, the development cost will be transferred to the production entity established for the greenlit production.
Development cost includes all cost directly incurred in connection with the development of a feature film, including but not limited to story rights, writer fees, director development fees, and legal fees.
eOne Features (Development) Limited
Notes to the financial statements (continued)
For the year ended 27 December 2023
1
Accounting policies (continued)
11
The amount capitalised is reviewed on an annual basis and any portion of the unamortised amount that appears not to be recoverable from future net revenues is written-off to cost of sales during the period the loss becomes evident.
1.4
Fair value measurement
IFRS 13 establishes a single source of guidance for all fair value measurements. IFRS 13 does not change when an entity is required to use fair value, but rather provides guidance on how to measure fair value under IFRS when fair value is required or permitted. IFRS 13 mainly impacts the disclosures of the Company. It requires specific disclosures about fair value measurements and disclosures of fair values, some of which replace existing disclosure requirements in other standards.
1.5
Financial assets
Financial assets are recognised in the Company's statement of financial position when the Company becomes party to the contractual provisions of the instrument.
Financial assets are classified into specified categories. The classification depends on the nature and purpose of the financial assets and is determined at the time of recognition.
Financial assets are initially measured at fair value plus transaction costs, other than those classified as fair value through profit and loss, which are measured at fair value.
Loans and receivables
Trade Receivables, loans and other receivables that have fixed or determinable payments that are not quoted in an active market are classified as loans and receivables. Loans and receivables are measured at amortised cost using the effective interest method, less any impairment.
Interest is recognised by applying the effective interest rate, except for short-term receivables when the recognition of interest would be immaterial. The effective interest method is a method of calculating the amortised cost of a debt instrument and of allocating the interest income over the relevant period. The effective interest rate is the rate that exactly discounts estimated future cash receipts through the expected life of the debt instrument to the net carrying amount on initial recognition.
Impairment of financial assets
Financial assets, other than those measured at fair value through profit or loss, are assessed for indicators of impairment at each reporting end date.
Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows of the investment have been affected.
Derecognition of financial assets
Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire, or when it transfers the financial asset and substantially all the risks and rewards of ownership to another entity.
1.6
Financial liabilities
The company recognises financial debt when the company becomes a party to the contractual provisions of the instruments. Financial liabilities are classified as either 'financial liabilities at fair value through profit or loss' or 'other financial liabilities'.
eOne Features (Development) Limited
Notes to the financial statements (continued)
For the year ended 27 December 2023
1
Accounting policies (continued)
12
Other financial liabilities
Other financial liabilities, including borrowings, trade payables and other short-term monetary liabilities, are initially measured at fair value net of transaction costs directly attributable to the issuance of the financial liability. They are subsequently measured at amortised cost using the effective interest method. For the purposes of each financial liability, interest expense includes initial transaction costs and any premium payable on redemption, as well as any interest or coupon payable while the liability is outstanding.
Derecognition of financial liabilities
Financial liabilities are derecognised when, and only when, the Company’s obligations are discharged, cancelled, or they expire.
1.7
Equity instruments
Equity instruments issued by the Company are recorded at the proceeds received, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.
1.8
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.
Deferred tax
Deferred tax is the tax expected to be payable or recoverable on 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, and is accounted for using the balance sheet liability method. Deferred tax liabilities are generally recognised for all taxable temporary differences and deferred tax assets are recognised to the extent that it is probable that taxable profits will be available against which deductible temporary differences can be utilised. Such assets and liabilities are not recognised if the temporary difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.
The carrying amount of deferred tax assets is reviewed at each reporting end date 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 is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the income statement, except when it relates to items charged or credited directly to 'other comprehensive income', in which case the deferred tax is also dealt with in 'other comprehensive income'. Deferred tax assets and liabilities are offset when the Company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.
1.9
Foreign exchange
Transactions in currencies other than the entity's functional currency are recorded at the rates of exchange prevailing at the dates of the transactions. Foreign exchange differences arising on the settlement of such transactions and from translating monetary assets and liabilities denominated in foreign currencies at period end exchange rates are recognised in the profit and loss account.
eOne Features (Development) Limited
Notes to the financial statements (continued)
For the year ended 27 December 2023
13
2
Critical accounting judgements and key sources of estimation uncertainty
In the application of the Company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.
3
Revenue
2023
2022
$
$
Revenue analysed by geographical market
UK
2,901,844
1,439,621
2023
2022
$
$
Other significant revenue
Interest income
930
Revenue in the year relates to the write down of group undertaking creditor balances and sale of rights.
4
Operating loss
2023
2022
$
$
Operating loss for the period is stated after charging/(crediting):
Exchange losses
120,576
52,918
Fees payable to the Company's auditor for the audit of the Company's financial statements
7,945
7,567
5
Employees
Staff costs
There are no staff costs reported in the year (2022: $nil).
Directors' remuneration
There are no directors' costs reported as all directors were remunerated by another Hasbro, Inc. group company (2022: $nil).
6
Investment income
2023
2022
$
$
Interest income
Financial instruments measured at amortised cost:
Other interest income on financial assets
930
eOne Features (Development) Limited
Notes to the financial statements (continued)
For the year ended 27 December 2023
-- (continued)
14
Income above relates to assets held at amortised cost, unless stated otherwise.
7
Finance costs
2023
2022
$
$
Other interest payable
322,333
8
Income tax expense
2023
2022
$
$
Current tax
UK corporation tax on profits for the current period
(12,013)
Total UK current tax
(12,013)
The charge for the year can be reconciled to the loss per the income statement as follows:
2023
2022
$
$
Loss before taxation
(453,828)
(62,247)
Expected tax charge/(credit) based on a corporation tax rate of 23.52% (2022: 19.00%)
(106,740)
(11,827)
Unutilised tax losses carried forward
106,740
Adjustment in respect of prior years
-
(186)
Taxation credit for the period
-
(12,013)
9
Impairments
Impairment tests have been carried out where appropriate and the following impairment losses have been recognised in profit or loss:
2023
2022
$
$
In respect of:
Intangible assets
2,901,844
947,878
Recognised in:
Cost of sales
2,901,844
947,878
eOne Features (Development) Limited
Notes to the financial statements (continued)
For the year ended 27 December 2023
15
10
Development costs
$
Cost
At 25 December 2022
8,187,794
Additions
1,244,808
At 27 December 2023
9,432,602
Amortisation and impairment
At 25 December 2022
6,530,758
Impairment loss
2,901,844
At 27 December 2023
9,432,602
Carrying amount
At 27 December 2023
-
At 25 December 2022
1,657,036
11
Trade and other receivables
2023
2022
$
$
Amounts owed by fellow group undertakings
9,989,151
1,894,123
All amounts due from group undertakings are unsecured, interest free and repayable on demand.
12
Share premium account
2023
2022
$
$
At the beginning of the year
-
Issue of new shares
9,558,420
-
At the end of the year
9,558,420
eOne Features (Development) Limited
Notes to the financial statements (continued)
For the year ended 27 December 2023
16
13
Trade and other payables
2023
2022
$
$
Trade payables
77,500
78,513
Amounts owed to fellow group undertakings
111,459
3,718,783
Accruals
685,312
7,567
874,271
3,804,863
All amounts due to group undertakings are unsecured, interest free and repayable on demand.
14
Share capital
2023
2022
$
$
Ordinary share capital
Issued and fully paid
1 ordinary share of £1 each
2
1
15
Retained earnings
2023
2022
$
$
At the beginning of the year
122,194
172,428
Loss for the year
(453,828)
(50,234)
At the end of the year
(331,634)
122,194
16
Controlling party
The Company is a wholly-owned subsidiary of Alliance Films (UK) Limited which is the immediate controlling entity as at 26 December 2023. The ultimate controlling entity as at 26 December 2023 was Hasbro, Inc, a company incorporated in the United States of America.
The parent undertaking of the largest group of companies into which the results of the Company is consolidated is Hasbro, Inc. Consequently the Company is exempt under the terms of FRS 101 from disclosing details of transactions and balances with Hasbro, Inc, fellow group subsidiaries and associated undertakings, and those deemed under control during the year ended 26 December 2023.
Post year end on the 27 December 2023 the company was purchased by Lions Gate Entertainment Corporation
2023-12-272022-12-26falseCCH SoftwareCCH Accounts Production 2024.210Steven AndriuzzoKim MullengerAndrew ClarySandra Benoitfalse0099724862022-12-262023-12-2709972486bus:Director12022-12-262023-12-2709972486bus:Director22022-12-262023-12-2709972486bus:Director32022-12-262023-12-2709972486bus:Director42022-12-262023-12-2709972486bus:RegisteredOffice2022-12-262023-12-27099724862023-12-2709972486core:ContinuingOperations2022-12-262023-12-27099724862021-12-272022-12-2509972486core:ContinuingOperations2021-12-272022-12-2509972486core:RetainedEarningsAccumulatedLosses2022-12-262023-12-2709972486core:RetainedEarningsAccumulatedLosses2021-12-272022-12-2509972486core:IntangibleAssetsOtherThanGoodwill2023-12-2709972486core:IntangibleAssetsOtherThanGoodwill2022-12-2509972486core:CurrentFinancialInstruments2023-12-2709972486core:CurrentFinancialInstruments2022-12-25099724862022-12-2509972486core:ShareCapital2023-12-2709972486core:ShareCapital2022-12-2509972486core:SharePremium2023-12-2709972486core:SharePremium2022-12-2509972486core:RetainedEarningsAccumulatedLosses2023-12-2709972486core:RetainedEarningsAccumulatedLosses2022-12-2509972486core:SharePremium2021-12-2609972486core:OtherMiscellaneousReserve2021-12-2609972486core:ShareCapital2022-12-262023-12-2709972486core:SharePremium2022-12-262023-12-2709972486core:IntangibleAssetsOtherThanGoodwill2022-12-262023-12-2709972486core:LoansReceivables2022-12-262023-12-2709972486core:UKTax2022-12-262023-12-2709972486core:UKTax2021-12-272022-12-2509972486core:DevelopmentCostsCapitalisedDevelopmentExpenditure2022-12-2509972486core:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-12-2709972486core:DevelopmentCostsCapitalisedDevelopmentExpenditure2022-12-262023-12-2709972486core:DevelopmentCostsCapitalisedDevelopmentExpenditure2022-12-2509972486bus:PrivateLimitedCompanyLtd2022-12-262023-12-2709972486bus:Audited2022-12-262023-12-2709972486bus:FullIFRS2022-12-262023-12-2709972486bus:FullAccounts2022-12-262023-12-27xbrli:purexbrli:sharesiso4217:GBP