The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Done and Dusted X Limited is a private company limited by shares incorporated in England and Wales. The registered office is 2nd Floor, 55 Greek Street, London, England, W1D 3DT.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) section 1A and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

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

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

At the balance sheet date, the company made a loss for the year of £58,072 true(2023: £679,182 profit) and had net liabilities at that date of £473,465 (2023: £415,393). The financial statements have, however, been prepared on a going concern basis which the directors consider to be appropriate for the following reasons.

The parent company has undertaken to support the company for at least the next 12 months from the date of the signing of these financial statements.

Consequently, the directors are confident that the company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs When services are performed by an indeterminate number of acts over a specified period of time revenue is recognised on a straight-line basis over the specified period. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

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.

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

The company has only basic financial instruments measured at amortised cost.

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

The following judgements (apart from those involving estimates) have had the most significant effect on amounts recognised in the financial statements.

On projects which span the year end, there is significant judgement in assessing the degree of completion of jobs which are in progress at the year end. Management complete a review of each project at the year end and apply their experience with similar projects when making the assessment. For more information on the recognition of revenue, refer to note 1.3.

The average monthly number of persons (including directors) employed by the company during the year was 8 (2023 - 5).

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006:

The auditor's report was unqualified.

During the year an advance of £2,434 (2023: £nil) was made to a director. At the year end an amount of

£58,534 (2023: £56,100) was outstanding.

During the year, the company made sales of £1,266,738 (2023: £52,160) to Done and Dusted Productions Limited, the parent company, and purchases of £26,552 (2023: £46,034). At the year end date, there were amounts owing to Done and Dusted Productions of £3,350,322 (2023: £1,940,130).

During the year the company was recharged expenses of £286,586 (2023: £298,733) from Done and Dusted Inc, a group company by virtue of common ownership. At the year end date, there were amounts owing to Done and Dusted Inc of £502,379 (2023: £280,206).

During the year the company purchased goods and services of £91,960 (2023: £397,504) from Done and Dusted Middle East FZ LLC, a group company by virtue of common ownership. At the year end date, there were amounts owing to Done and Dusted Middle East FZ LLC of £nil (2023: £95,060).

During the year, one of the directors was paid £78,000 on sale of the group. This cost is included in exceptional costs on the profit and loss statement.

The immediate parent company is Done and Dusted Productions Limited, a company registered in England and Wales. This entity prepares consolidated group accounts, of which the company is a member, available for public use. The registered office is 55 Greek Street, London, W1D 3DT. The ultimate parent company is Endeavour Group Holdings Inc.

The directors consider there to be no ultimate controlling party.