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Registration number: 15162840

Humble Bee Wild Ltd
Annual Report and Unaudited Financial Statements
for the Year Ended 31 March 2025

Humble Bee Wild Ltd

Contents

Balance Sheet | 1
Notes to the Unaudited Financial Statements | 2 to 5

Humble Bee Wild Ltd

(Registration number: 15162840)
Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Current assets |  |  |
Debtors | 4 | 1,023,641 | 1,860,357
Cash at bank and in hand |  | 33,483 | 794,774
|  | 1,057,124 | 2,655,131
Creditors: Amounts falling due within one year | 5 | (1,008,132) | (2,624,481)
Net assets |  | 48,992 | 30,650
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | 48,892 | 30,550
Shareholders' funds |  | 48,992 | 30,650

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 1 September 2025 and signed on its behalf by:

Mr S Dunleavy Director |  |

Humble Bee Wild Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
11 Egerton Road
Bristol
BS7 8HN
UK

These financial statements were authorised for issue by the Board on 1 September 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the company, and rounded to the nearest £.

Group accounts not prepared

The company is part of a small group. The company has taken advantage of the exemption provided by Section 399 of the Companies Act 2006 and has not prepared group accounts.

Going concern

The directors have reviewed projections and budgets for the next twelve months. Following this review, the directors consider there to be little impact on the company's ability to act as a going concern. The directors have reviewed the capital resources available and considered that the company has adequate resources in place to continue trading for the next twelve months.

Humble Bee Wild Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
the stage of completion of the transaction at the end of the reporting period can be measured reliably;
and specific criteria have been met for each of the company's activities.
Revenue from contracts for film and television production services is recognised using the percentage of completion method. The stage of completion is determined by reference to the costs incurred to date as a proportion of the estimated total costs of completing the contract.
Where the contract outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recoverable.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Humble Bee Wild Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year was 2 (2024 - 2).

4 | Debtors

| 2025 £ | 2024 £
Trade debtors | 584,514 | 1,753,541
Other debtors | 408 | -
Prepayments | 10,867 | 38,107
Income tax asset | 427,852 | 68,709
| 1,023,641 | 1,860,357

5 | Creditors

Due within one year | Note | 2025 £ | 2024 £
Trade creditors |  | 1,800 | 19,534
Amounts due to related parties | 6 | 449,380 | 71,596
Social security and other taxes |  | 11,891 | 396,566
Other creditors |  | - | 57
Accruals and deferred income |  | 545,061 | 2,136,728
|  | 1,008,132 | 2,624,481

Humble Bee Wild Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6 | Related party transactions

The company has taken advantage of the exemption available under section 1AC.35 of Financial Reporting Standard 102, not to disclose transactions with other wholly owned members of this group.

7 | Parent and ultimate parent undertaking

The company's ultimate and immediate parent is Humble Bee Films Limited, incorporated in England and Wales.