Registered number
13578035
MISHTY PRODUCTIONS LIMITED
Filleted Accounts
31 August 2024
MISHTY PRODUCTIONS LIMITED
Registered number: 13578035
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Current assets
Work in progress - 1,218,018
Debtors 3 2,480,101 1,084,093
Cash at bank and in hand 154 38,661
2,480,255 2,340,772
Creditors: amounts falling due within one year 4 (2,430,254) (2,344,821)
Net current assets/(liabilities) 50,001 (4,049)
Net assets/(liabilities) 50,001 (4,049)
Capital and reserves
Called up share capital 1 1
Profit and loss account 50,000 (4,050)
Shareholders' funds 50,001 (4,049)
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.
Susheel Kumar Thapliyal
Director
Approved by the board on 9 May 2025
MISHTY PRODUCTIONS LIMITED
Notes to the Accounts
for the year ended 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 "Savi (pka: Savvi / Tum Hi Ho)" (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 acquirer.
Work in progress
Work in progress is measured at the lower of cost and estimated selling price less costs to complete and sell. 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 year, work in progress is 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 5
3 Debtors 2024 2023
£ £
Trade debtors 1,550,115 -
VAT receivable 4,492 46,293
Prepaid expenses - 1,036,800
Other debtors 925,494 1,000
2,480,101 1,084,093
4 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 2,373,020 20,059
Advance for expenses - 2,320,562
Other creditors 57,234 4,200
2,430,254 2,344,821
5 Related party transactions
At the balance sheet date of 31/08/2024, unsecured short term loan payable to ST Film Limited was £57,234 which is included under other creditors.

Mr. Susheel Kumar Thapliyal, the director of the Company is also a director of ST Film Limited.
6 Controlling party
Mr Susheel Kumar Thapliyal, the director, shareholder and PSC of the Company is the ultimate controlling party.
7 Other information
MISHTY PRODUCTIONS 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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