REGISTERED NUMBER: 07775143 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

DLN Films Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J R Simpson

REGISTERED OFFICE:

16 Beaufort Court

Admirals Way

Canary Wharf

London

E14 9XL

REGISTERED NUMBER:

07775143 (England and Wales)

ACCOUNTANTS:

RBS Accountants Limited

16 Beaufort Court

Admirals Way

London

Docklands

London

E14 9XL

FIXED ASSETS

Tangible assets

4

3,321

4,428

CURRENT ASSETS

Debtors

5

1,055,117

710,301

Cash at bank

1,952

508

1,057,069

710,809

CREDITORS

Amounts falling due within one year

6

1,049,767

691,937

NET CURRENT ASSETS

7,302

18,872

TOTAL ASSETS LESS CURRENT LIABILITIES

10,623

23,300

CREDITORS

Amounts falling due after more than one year

7

(9,655

)

(19,655

)

PROVISIONS FOR LIABILITIES

9

(830

)

(1,107

)

NET ASSETS

138

2,538

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

38

2,438

138

2,538

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 18 September 2025 and were signed by:

J R Simpson - Director

1.	STATUTORY INFORMATION

DLN Films Ltd 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.

Revenue

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

Revenue is is recognised in the accounting period in which the services are rendered and relate to executive producer fees.

Tangible fixed assets

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

Taxation

Taxation for the year 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date.Non-monetary items carried at the fair value that are denominated in foreign currencies are translated at the rate on the date when the fair value is re-measured.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2024

and 31 December 2024

20,322

DEPRECIATION

At 1 January 2024

15,894

Charge for year

1,107

At 31 December 2024

17,001

NET BOOK VALUE

At 31 December 2024

3,321

At 31 December 2023

4,428

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

239,328

234,856

Other debtors

2,500

3,484

Tax Recoverable

116,908

-

Directors' current accounts

396,381

-

Prepayments and accrued income

300,000

471,961

1,055,117

710,301

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts (see note 8)

29,317

26,950

Trade creditors

2,456

8,533

Amounts owed to group undertakings

431,868

55,827

Tax

275,348

162,337

Social security and other taxes

3,201

29,762

VAT

1,750

5,765

Other creditors

305,827

373,935

Directors' current accounts

-

28,828

1,049,767

691,937

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans (see note 8)

9,655

19,655

8.

LOANS

An analysis of the maturity of loans is given below:

31.12.24

31.12.23

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

19,317

16,302

Bank loan

10,000

10,648

29,317

26,950

Amounts falling due between two and five years:

Bank loans - 2-5 years

9,655

19,655

9.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

£

Deferred tax

830

1,107

Deferred

tax

£

Balance at 1 January 2024

1,107

Provided during year

(277

)

Balance at 31 December 2024

830