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REGISTERED NUMBER: 12444662 (England and Wales)















Financial Statements for the Year Ended 31 December 2024

for

Broke and Bones Ltd

Broke and Bones Ltd (Registered number: 12444662)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Broke and Bones Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Mr C Brooker
Ms A Jones





REGISTERED OFFICE: 2c-2e Macfarlane Road
London
United Kingdom
W12 7JZ





REGISTERED NUMBER: 12444662 (England and Wales)





AUDITORS: Blinkhorns
27 Mortimer Street
London
W1T 3BL

Broke and Bones Ltd (Registered number: 12444662)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 12,887 6,639

CURRENT ASSETS
Debtors 6 1,528,842 825,950
Cash at bank 2,427,375 3,071,338
3,956,217 3,897,288
CREDITORS
Amounts falling due within one year 7 2,480,159 2,882,996
NET CURRENT ASSETS 1,476,058 1,014,292
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,488,945

1,020,931

PROVISIONS FOR LIABILITIES 3,222 1,660
NET ASSETS 1,485,723 1,019,271

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,485,623 1,019,171
1,485,723 1,019,271

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 30 May 2025 and were signed on its behalf by:





Ms A Jones - Director


Broke and Bones Ltd (Registered number: 12444662)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Broke and Bones Ltd 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.

The presentation currency of the financial statements is Pound Sterling (£).

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.

Turnover
Income is recognised in line with the costs incurred by the company.

Development income is determined by reference to development costs incurred. Development costs are generally expensed as incurred to the income statement.

Income is stated net of value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost
Computer equipment - 33% on cost

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Broke and Bones Ltd (Registered number: 12444662)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 9 ) .

4. AUDITORS' REMUNERATION
31.12.24 31.12.23
£    £   
Fees payable to the company's auditors for the audit of the
company's financial statements

11,400

11,400

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2024 62,921 25,788 88,709
Additions 5,609 8,247 13,856
At 31 December 2024 68,530 34,035 102,565
DEPRECIATION
At 1 January 2024 59,479 22,591 82,070
Charge for year 3,524 4,084 7,608
At 31 December 2024 63,003 26,675 89,678
NET BOOK VALUE
At 31 December 2024 5,527 7,360 12,887
At 31 December 2023 3,442 3,197 6,639

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 436,041 127,329
Other debtors 729,403 659,429
Directors' loan accounts 473 422
VAT 216,498 -
Prepayments and accrued income 146,427 38,770
1,528,842 825,950

Broke and Bones Ltd (Registered number: 12444662)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 54,300 15,426
Tax - 50,663
Social security and other taxes 62,405 45,517
VAT - 39,136
Other creditors 19,978 19,855
Accruals and deferred income 2,343,476 2,712,399
2,480,159 2,882,996

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.24 31.12.23
£    £   
Within one year 123,200 156,300

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

James Alexander ACA (Senior Statutory Auditor)
for and on behalf of Blinkhorns

10. RELATED PARTY DISCLOSURES

During the period, the company made sales of £2,713,593 to the parent company in respect of production funding. A total of £2,713,593 has been recognised as turnover this period in relation to this.

11. ULTIMATE CONTROLLING PARTY

The entire share capital of the company is held by Broke and Bones Studios, Inc. The registered address of Broke and Bones Studios, Inc. is 850 New Burton Road, Suite 201, Dover, United States, DE 19904.