| APPLE & BURBERRY PICTURES LIMITED |
| Registered number: |
15158288 |
| Balance Sheet |
| as at 30 September 2024 |
|
| Notes |
|
|
2024 |
|
| £ |
|
| Current assets |
| Work in progress |
|
|
901,247 |
| Debtors |
3 |
|
1,970,246 |
| Cash at bank and in hand |
|
|
3,110,691 |
|
|
|
5,982,184 |
|
|
|
| Creditors: amounts falling due within one year |
4 |
|
(5,995,971) |
|
| Net current liabilities |
|
|
|
(13,787) |
|
|
| Net liabilities |
|
|
|
(13,787) |
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1 |
| Profit and loss account |
|
|
|
(13,788) |
|
| Shareholders' funds |
|
|
|
(13,787) |
|
|
|
|
|
|
|
| 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. |
|
|
|
|
| Mr Brian Brake |
| Director |
| Approved by the board on 20 June 2025 |
|
| APPLE & BURBERRY PICTURES LIMITED |
| Notes to the Accounts |
| for the period from 23 September 2023 to 30 September 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). |
|
|
Work in progress |
|
Work in progress is measured at the lower of cost and estimated selling price less costs to complete and sell. The company started production of the British qualifying film titled as "Housefull 5" (the Film). The production cost of the Film at the balance sheet date is carried forward as work in progress on the basis that it is deemed recoverable from the income/revenue of the Film on completion. |
|
|
| 2 |
Employees |
2024 |
|
| Number |
|
|
|
Average number of persons employed during shoot |
26 |
|
|
|
|
|
|
|
|
|
| 3 |
Debtors |
2024 |
|
| £ |
|
|
|
Prepaid expenses |
|
|
|
|
1,858,630 |
|
VAT receivable |
|
|
|
|
16,166 |
|
Other debtors |
95,450 |
|
|
|
|
|
|
1,970,246 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2024 |
|
| £ |
|
|
|
Trade creditors |
43,733 |
|
Advance for expenses |
|
|
|
|
5,900,000 |
|
Taxation and social security costs |
49,238 |
|
Other creditors |
3,000 |
|
|
|
|
|
|
5,995,971 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Related party transactions |
|
|
During the period ended 30/09/2024, Breakthrough Consultants Ltd invoiced the Company for £5,750 towards consultancy services. At the balance sheet date of 30/09/2024, the Company paid unsecured short term loan of £81,450 to Tiger Eye Film Limited which is included in other debtors. Mr Brian Brake, director of the Company is also director of Breakthrough Consultants Ltd and Tiger Eye Film Limited. During the period ended 30/09/2024, Mrs Aditi Sekhri is been paid £28,300 towards professional services. Mrs Aditi Sekhri is one of the PSC of the Company. The director of companies confirm that all transactions between these companies has been on arms-length basis. |
|
|
| 6 |
Controlling party |
|
|
Mr Derek Williamson and Mrs Aditi Sekhri are PSC and ultimate controlling party of the Company. |
|
|
| 7 |
Other information |
|
|
APPLE & BURBERRY PICTURES 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 |