Company No: 13466039 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	2024		2023
		$		$
Current assets
Debtors	3	18,330		7,219
Cash at bank and in hand	4	8,790		8,642
		27,120		15,861
Creditors: amounts falling due within one year	5	( 2,723)		( 3,069)
Net current assets		24,397		12,792
Total assets less current liabilities		24,397		12,792
Net assets		24,397		12,792
Capital and reserves
Called-up share capital		1		1
Profit and loss account		24,396		12,791
Total shareholder's funds		24,397		12,792

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Income Statement has not been delivered.

The financial statements of Filmworkz Ltd (registered number: 13466039) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

Kevin Russell Potter Director

18 September 2025

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Filmworkz Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 80 Grove Lane, Holt, NR25 6ED, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in USD which is the functional currency of the Company and rounded to the nearest $.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Statement of Financial Position date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Income Statement in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

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.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	0		0

3. Debtors

	2024		2023
	$		$
Trade debtors	1,590		0
Amounts owed by Group undertakings	16,740		7,219
	18,330		7,219

4. Cash and cash equivalents

	2024		2023
	$		$
Cash at bank and in hand	8,790		8,642

5. Creditors: amounts falling due within one year

	2024		2023
	$		$
Trade creditors	773		1,241
Other taxation and social security	128		378
Other creditors	1,822		1,450
	2,723		3,069