| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 26 FEBRUARY 2025 |
| FOR |
| TRAMPIRES LIMITED |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 26 FEBRUARY 2025 |
| FOR |
| TRAMPIRES LIMITED |
| TRAMPIRES LIMITED (REGISTERED NUMBER: 09031098) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 26 FEBRUARY 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| TRAMPIRES LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 26 FEBRUARY 2025 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 55 Loudoun Road |
| St John's Wood |
| London |
| NW8 0DL |
| TRAMPIRES LIMITED (REGISTERED NUMBER: 09031098) |
| BALANCE SHEET |
| 26 FEBRUARY 2025 |
| 26.2.25 | 26.2.24 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 | ( |
) | ( |
) |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 6 |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| The director acknowledges his 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. |
| The financial statements were approved by the director and authorised for issue on |
| TRAMPIRES LIMITED (REGISTERED NUMBER: 09031098) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 26 FEBRUARY 2025 |
| 1. | STATUTORY INFORMATION |
| Trampires Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Going concern |
| At the time of approving the financial statements, the company meets its day to day working capital requirements by the support of its financier and trade and other creditors. The company's financier has undertaken not to withdraw its current loan facility, and guarantee for 3rd party facilities, for the foreseeable future and until such time as the Company has sufficient cash reserves. On this basis, the director considers it appropriate to prepare the financial statements on a going concern basis. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Computer equipment - 25% on cost |
| The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss. |
| Impairment of fixed assets |
| At each reporting period end date, the company reviews the carrying amount of tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the assets is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs. |
| Financial instruments |
| The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. |
| Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. |
| Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. |
| TRAMPIRES LIMITED (REGISTERED NUMBER: 09031098) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 26 FEBRUARY 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| Cash and cash equivalents |
| Cash and cash equivalents include cash in hand and deposits held at call with banks. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 26.2.25 | 26.2.24 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 26.2.25 | 26.2.24 |
| £ | £ |
| Trade creditors |
| Other creditors |
| 6. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 26.2.25 | 26.2.24 |
| value: | £ | £ |
| Ordinary | £1 | 1 | 1 |
| 7. | RELATED PARTY DISCLOSURES |
| At the balance sheet date, the company owed £936 (2024: £436) to Animortal Studios Ltd, a company in which R S Heer is a director. |
| At the balance sheet date, the company was owed £799 (2024: £1,139) by Chuck Steel Ltd, a company in which R S Heer is also a director. |
| At the balance sheet date, the company was owed £nil (2024: £3,420) by RL Media Ltd, a company in which R S Heer is a director |
| At the balance sheet date, the company owed £132,753 (2024: £144,753) to RL & RS LLP, a Limited Liability Partnership in which R S Heer is a designated LLP Member. |
| All loans were interest free and are repayable on demand. |
| TRAMPIRES LIMITED (REGISTERED NUMBER: 09031098) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 26 FEBRUARY 2025 |
| 8. | FILM STOCK |
| Last year, the Director in conjunction with the company's Senior Financier Animatrix Finance Limited considered the Valuation of the Film Asset "Chuck Steel Night of the Trampires" and based on current levels of pipeline income have agreed to impair the asset to nil value.This assessment has not changed this year. |
| Although the company is continuing to distribute and market the film through UK Online Platforms, the current pipeline income is minimal hence our impairment assessment. |
| The company is seeking an International Marketing Partner who with the senior financier, will be able to deploy a significant Marketing budget to assist with distribution both domestically and internationally. This should deliver the recoupment in line with the original estimates over the longer term. The Director will continue to monitor the position annually and recommend a full or partial reversal of the impairment if necessary. |