REGISTERED NUMBER: 15354531 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

15 DECEMBER 2023 TO 31 DECEMBER 2024

FOR

D S Fenton Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr D S Fenton

MS K.L Ryde

Mr M M Graff

REGISTERED OFFICE:

Units SCF 1 & 2, South Core

Western International Market Centre

Hayes Road

Southall

Middlesex

UB2 5XJ

REGISTERED NUMBER:

15354531 (England and Wales)

ACCOUNTANTS:

Cooper Dawn Jerrom Limited

Chartered Accountants

Units SCF 1 & 2

Western International Market

Hayes Road

Southall

Middlesex

UB2 5XJ

FIXED ASSETS

Intangible assets

3

200,000

Tangible assets

4

1,166

Investments

5

1

201,167

CURRENT ASSETS

Debtors

6

71,778

Cash at bank

215,346

287,124

CREDITORS

Amounts falling due within one year

7

(471,598

)

NET CURRENT LIABILITIES

(184,474

)

TOTAL ASSETS LESS CURRENT LIABILITIES

16,693

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

16,593

16,693

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 8 September 2025 and were signed on its behalf by:

Mr D S Fenton - Director

Mr M M Graff - Director

MS K.L Ryde - Director

1.	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

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the period 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.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 5 .

3.	INTANGIBLE FIXED ASSETS

IP

Library

£

COST

Additions

200,000

At 31 December 2024

200,000

NET BOOK VALUE

At 31 December 2024

200,000

The company owns a large amount of Intellectual Property, which mainly consists of a back catalogue of TV Programmes and films. The catalogue is licensed and generates income.

The Directors consider the value of the Intellectual Property to be at least the cost price, hence amortisation is not necessary.

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

Additions

1,178

At 31 December 2024

1,178

DEPRECIATION

Charge for period

12

At 31 December 2024

12

NET BOOK VALUE

At 31 December 2024

1,166

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

1

At 31 December 2024

1

NET BOOK VALUE

At 31 December 2024

1

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

23,136

TFA3 Limited

44,784

Prepayments and accrued income

3,858

71,778

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

10,096

Tax

4,215

Social security and other taxes

59,809

VAT

43,278

Capital on tap

7,997

Directors' current accounts

200,000

Deferred income

143,453

Accrued expenses

2,750

471,598

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr D S Fenton.