REGISTERED NUMBER: 07095333 (England and Wales)

Financial Statements for the Year Ended 31st December 2024

for

Decibel Films Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr D F Boyle

REGISTERED OFFICE:

34-35 Clarges Street

Mayfair

London

W1J 7EJ

REGISTERED NUMBER:

07095333 (England and Wales)

ACCOUNTANTS:

Sampson Fielding Ltd

34 - 35 Clarges Street

Mayfair

London

W1J 7EJ

FIXED ASSETS

Tangible assets

4

5,496

5,970

Investments

5

9,462,561

9,518,926

9,468,057

9,524,896

CURRENT ASSETS

Debtors

6

192,993

200,000

Cash at bank

59,373

288,816

252,366

488,816

CREDITORS

Amounts falling due within one year

7

127,337

284,207

NET CURRENT ASSETS

125,029

204,609

TOTAL ASSETS LESS CURRENT LIABILITIES

9,593,086

9,729,505

PROVISIONS FOR LIABILITIES

156,164

67,288

NET ASSETS

9,436,922

9,662,217

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

8

449,195

201,863

Retained earnings

8,987,627

9,460,254

SHAREHOLDERS' FUNDS

9,436,922

9,662,217

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

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 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 director and authorised for issue on 9th September 2025 and were signed by:

Mr D F Boyle - Director

1.	STATUTORY INFORMATION

Decibel Films Limited 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.

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 as modified by the revaluation of certain assets.

Turnover

Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

Revenue is recognised during the period in which the service relates.

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

-

20% on cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1st January 2024

7,462

Additions

1,273

At 31st December 2024

8,735

DEPRECIATION

At 1st January 2024

1,492

Charge for year

1,747

At 31st December 2024

3,239

NET BOOK VALUE

At 31st December 2024

5,496

At 31st December 2023

5,970

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1st January 2024

9,518,926

Additions

249,040

Disposals

(658,000

)

Revaluations

352,595

At 31st December 2024

9,462,561

NET BOOK VALUE

At 31st December 2024

9,462,561

At 31st December 2023

9,518,926

Cost or valuation at 31st December 2024 is represented by:

Other

investments

£

Valuation in 2024

9,462,561

If the unlisted investments had not been revalued they would have been included at the following historical cost:

31/12/24

31/12/23

as restated

£

£

Cost

8,863,634

9,266,774

Unlisted investments were valued on the market value basis on 31st December 2024 by Barclays Investment Solutions Limited .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

as restated

£

£

Other debtors

192,993

200,000

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

as restated

£

£

Taxation and social security

-

167,744

Other creditors

127,337

116,463

127,337

284,207

8.

RESERVES

Fair

value

reserve

£

At 1st January 2024

201,863

Movement to fair value reserve

247,332

At 31st December 2024

449,195