REGISTERED NUMBER: 13175607 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

TWO CITIES (BLUE LIGHTS 4) LIMITED

PREVIOUSLY KNOWN AS

TWO CITIES 1984 LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

2

CURRENT ASSETS

Work in progress

43,276

43,276

Debtors

5

1

1

Cash at bank

16,256

17,612

59,533

60,889

CREDITORS

Amounts falling due within one year

6

(67,619

)

(65,469

)

NET CURRENT LIABILITIES

(8,086

)

(4,580

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(8,086

)

(4,580

)

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

(8,087

)

(4,581

)

SHAREHOLDERS' DEFICIT

(8,086

)

(4,580

)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2025 and were signed on its behalf by:

S Wright - Director

1.	STATUTORY INFORMATION

Two Cities (Blue Lights 4) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

13175607

Registered office:

18 Glasshouse Studios

Fryern Court Road

Fordingbridge

Hampshire

SP6 1QX

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared under the historical cost convention.

The accounts are prepared in sterling, which is the functional currency of the company.

Going concern

As at 31 December 2024 the company had net current liabilities and net liabilities of £8,086. After considering all factors, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

Related party exemption

The company has taken advantage of the exemption, under the terms of FRS 102 Section 33, not to disclose related party transactions with wholly owned subsidiaries within the group.

Work in progress

Work in progress relates to direct production costs, net of tax credits, subsidies and grants, incurred on projects / productions not delivered during the period. Such project / production costs are recognised in the Statement of Income and Retained Earnings as soon as the programme is delivered and the related production revenue is recognised.

Expenditure on development projects is written off in the year in which it is incurred unless there is reasonable expectation that costs will be recovered in future periods.

Work in progress is valued at the lower of cost and net realisable value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

4.	EMPLOYEES AND DIRECTORS

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

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed by group undertakings

1

1

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

11,669

11,669

Other creditors

1,194

1,194

Accruals and deferred income

54,756

52,606

67,619

65,469

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1

Ordinary

£1

1

1

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Auditors' Report was unqualified.

Mr Jeremy Laurence Hyde FCCA (Senior Statutory Auditor)

for and on behalf of CG LEE Limited

9.	CONTROLLING PARTIES