Registered number
14165684
TBM FILMS LIMITED
Filleted Accounts
31 August 2024
TBM FILMS LIMITED
Registered number: 14165684
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Current assets
Work in progress - 816,940
Debtors 3 1,123,136 1,165,491
Cash at bank and in hand 1,332 57,705
1,124,468 2,040,136
Creditors: amounts falling due within one year 4 (1,074,467) (1,217,004)
Net current assets 50,001 823,132
Net assets 50,001 823,132
Capital and reserves
Called up share capital 1 1
Profit and loss account 50,000 823,131
Shareholders' funds 50,001 823,132
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.
Mrs Firuzi Khan
Director
Approved by the board on 21 March 2025
TBM FILMS LIMITED
Notes to the Accounts
for the period from 1 March 2023 to 31 August 2024
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).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. The Company produced the British qualifying film "The Buckingham Murders" (the Film). All of the tunrover recognised by the Company relates only to this Film.
Cost of sales
Production cost of the Film is recognised in the profit & loss account as cost of sales on delivery of the Film to the commissioner.
Work in progress
Work in progress is measured at the lower of cost and estimated selling price less costs to complete and sell. Balance production cost of the Film at the last year balance sheet date was carried forward as work in progress on the basis that it was deemed recoverable from the future income/revenue of the Film. In the current period, work in progress has been transferred to cost of sales.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. The tax credit claimed relates to the Film. Deferred tax assets based on timing differences is not applicable in respect of this Company's claim for film tax credits.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 20
3 Debtors 2024 2023
£ £
Trade debtors 101,971 -
VAT receivable - 321,620
Other debtors 1,021,165 843,871
1,123,136 1,165,491
4 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 207,944 951,003
Taxation and social security costs 24,630 -
Other creditors 841,893 266,001
1,074,467 1,217,004
5 Related party transactions
For the period ending 31 August 2024, Ecobride Ltd invoiced the company for £6,000 (28/02/2023: £32,000) towards accounting, book-keeping & consultancy services.

For the period ending 31 August 2024, Bollywood Limited invoiced the company for £5,000 (28/02/2023: £10,250) towards legal & professional fee.

Firuzi Khan, director of the Company is also a director of Ecobride Ltd and Bollywood Limited.

For the period ending 31 August 2024, Breakthrough Consultants Limited invoiced the company for £11,500 (28/02/2023: NIL) towards consultancy services.

Firuzi Khan, director of the Company was a director of Breakthrough Consultants Limited between 31 August 2023 to 03 June 2024.

The director of companies confirm that all transactions between these companies has been on arms length basis.
6 Controlling party
Mrs Firuzi Khan, the director and PSC of the Company is the ultimate controlling party.
7 Other information
TBM FILMS LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
Suite F
1-3 Canfield Place
London
NW6 3BT
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