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

For the financial period ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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.

The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

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

Production Servicing UK Limited is a private company limited by shares incorporated in England and Wales. The registered office is Charlotte Building, 6th Floor, 17 Gresse Street, London, W1T 1QL.

The company has elected to adopt a shortened financial reporting period for its first set of accounts, commencing from the date of incorporation on 7 June 2024 and ending on 31 December 2024. This shortened period has been chosen in order to align the company's financial year-end with its preferred reporting date.

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”) 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.

During the current period the company made a loss of £2,117 and had net liabilities at the period end date of £1,817. Included within this is an amount due to a connected company of £61,489 which that company will not require payment of until Production Servicing UK Limited are in a position to do so and not for at least the next twelve months from the approval of these financial statements.true

The connected company will also continue to make financial support available for as long as is required for the company to continue in operational existence. Therefore the directors believe that the going concern basis is appropriate.

Revenue is recognised in respect of productions from the point at which the company has obtained the right to consideration in return for performance. This is considered to be when all necessary approvals during the process of pre-production have been obtained from the commissioning agency and normally equates to the date at which the shoot commences. No profit element is recognised until the company is able to estimate the profit on the production reliably.

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 only has basic financial instruments measured at amortised cost, with no financial instruments classified as other or basic instruments measured at fair value.

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.

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.

The average monthly number of persons (including directors) employed by the company during the period was:

During the period, the company was charged £13,000 for management services by a company under common control. This company also provided financial support during the initial stages of incorporation, loaning Production Servicing UK Limited funds to meet it's liabilities. At the period end the company owed a total of £61,489 to the company under common control.

At the period end, the directors owed the company £300.