Salon Galahad Limited

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2

Registered number: 10287949

		2024		2023
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	342,580		342,580
Debtors	5	3,975		3,975
Cash at bank and in hand		-		321

		346,555		346,876
Creditors: Amounts Falling Due Within One Year	6	(842,949 )		(695,836 )

NET CURRENT ASSETS (LIABILITIES)			(496,394 )		(348,960 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(496,394 )		(348,960 )

NET LIABILITIES			(496,394 )		(348,960 )

CAPITAL AND RESERVES
Called up share capital	7		2		2
Income Statement			(496,396 )		(348,962 )

SHAREHOLDERS' FUNDS			(496,394)		(348,960)

For the 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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Mr Patrick Fischer

Director

24/09/2025

The notes on page 2 form part of these financial statements.

1. General Information

Salon Galahad Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10287949 . The registered office is Regina House, 124 Finchley Road, London, NW3 5JS.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Stocks and Work in Progress

Film Production Costs

Stocks represent film production costs that comprise the cumulative amounts being expanded in producing the film; they are recorded as current asset.

2.3. Financial Instruments

The company only enters into basic financial instrument transactions that result in the recognition of finacial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2023: 5)

4. Stocks

	2024	2023
	£	£
Inventories	342,580	342,580

5. Debtors

	2024	2023
	£	£
Due within one year
Other debtors (payable within 1 year)	3,975	3,975

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Other creditors	842,949	695,836

7. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	2	2

8. Related Party Transactions

At the balance sheet date, the company was due £3,975 (2023: £3,975) from Salon Pictures Limited, a company in which N Taussig and P Van Carter are also directors.

As at the balance sheet date, the company owed £60 (2023: £60) to Misfits Entertainment Limited, a company in which A Ryder and I Bonhote are also directors.

Page 2