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REGISTERED NUMBER: 15034311 (England and Wales)















Unaudited Financial Statements

for the Period 28 July 2023 to 31 July 2024

for

River Cruise Films UK Limited

River Cruise Films UK Limited (Registered number: 15034311)






Contents of the Financial Statements
for the Period 28 July 2023 to 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


River Cruise Films UK Limited

Company Information
for the Period 28 July 2023 to 31 July 2024







DIRECTORS: G Phillips
M W Vennis





REGISTERED OFFICE: The Old Workshop
1 Ecclesall Road South
Sheffield
United Kingdom
S11 9PA





REGISTERED NUMBER: 15034311 (England and Wales)





ACCOUNTANTS: We`ll Mind Your Own Business LTD
39 Long Acre
London
WC2E 9LG

River Cruise Films UK Limited (Registered number: 15034311)

Balance Sheet
31 July 2024

Notes £   
CURRENT ASSETS
Stocks 4 702,373
Debtors 5 35,468
Cash at bank 3,767
741,608
CREDITORS
Amounts falling due within one year 6 741,508
NET CURRENT ASSETS 100
TOTAL ASSETS LESS CURRENT
LIABILITIES

100

RESERVES
Share premium 100
100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

River Cruise Films UK Limited (Registered number: 15034311)

Balance Sheet - continued
31 July 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 April 2025 and were signed on its behalf by:





M W Vennis - Director


River Cruise Films UK Limited (Registered number: 15034311)

Notes to the Financial Statements
for the Period 28 July 2023 to 31 July 2024

1. STATUTORY INFORMATION

River Cruise Films UK Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Work in progress
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Work in progress relates to production and development costs incurred and is valued on the basis of direct costs plus attributable overheads, based upon normal levels of activity less any tax credit element of the undelivered episodes. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work progress.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of work in progress over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

On delivery of the episode all amounts held in Work in progress are taken to the Profit and Loss account.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,
except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been
enacted or substantively enacted by the balance sheet date.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

River Cruise Films UK Limited (Registered number: 15034311)

Notes to the Financial Statements - continued
for the Period 28 July 2023 to 31 July 2024

2. ACCOUNTING POLICIES - continued

Employees
The company has been incorporated to co-produce a High-End TV series called "River Cruise Romance" (new title ''Love On The Danube''). In common with the film and television industry the majority of cast and crew are hired on short term contracts for the duration of principal photography or are self-employed.
None of the Directors received any form of remuneration

Interest income
Interest income is recognised when it probable that the economic benefits will flow to the company and the amount of income can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding and at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. STOCKS
£   
Work-in-progress 702,373

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 100
VAT 35,368
35,468

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 9,944
Other creditors 729,664
Accrued expenses 1,900
741,508

River Cruise Films UK Limited (Registered number: 15034311)

Notes to the Financial Statements - continued
for the Period 28 July 2023 to 31 July 2024

7. RELATED PARTY TRANSACTIONS

During the period no related-party transactions took place. All transactions related to the production of the High-End TV series "River Cruise Romance" (new title ''Love On The Danube'') and arose on an arm's-length basis through the normal course of business.
No transactions with related parties were undertaken such as are required to be disclosed under FRS 102.

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are considered to be Mark Vennis and Gary Phillips by virtue of their shareholding.