REGISTERED NUMBER: 03498755 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

United Releasing International Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Semper Limited

Mr J C Pendleton TEP

REGISTERED OFFICE:

Monomark House

27 Old Gloucester Street

London

WC1N 3AX

REGISTERED NUMBER:

03498755 (England and Wales)

ACCOUNTANTS:

ILS Fiduciaries (IOM) Limited

First Floor

Millennium House

Victoria Road

Douglas

Isle of Man

IM2 4RW

FIXED ASSETS

Investments

4

1,742,825

1,742,825

CURRENT ASSETS

Debtors

5

167

167

CREDITORS

Amounts falling due within one year

6

469,018

469,239

NET CURRENT LIABILITIES

(468,851

)

(469,072

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,273,974

1,273,753

CAPITAL AND RESERVES

Called up share capital

7

167

167

Other reserves

8

600,993

600,993

Retained earnings

8

672,814

672,593

SHAREHOLDERS' FUNDS

1,273,974

1,273,753

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 directors acknowledge their 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 Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

Mr J C Pendleton TEP - Director

1.	STATUTORY INFORMATION

United Releasing International Limited 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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

Foreign currencies

Assets and liabilities in foreign currencies, with the exception of share capital, are translated into United States dollars at the rates of exchange ruling at the Balance Sheet date. Share capital is translated at the historical rate. Transactions in foreign currencies are translated into United States dollars at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

$

COST

At 1 January 2024

and 31 December 2024

1,742,825

NET BOOK VALUE

At 31 December 2024

1,742,825

At 31 December 2023

1,742,825

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Alpine Copyright Limited

Registered office: First Floor, Millennium House, Victoria Road, Douglas, Isle of Man

Nature of business: Administration/distributi on of film rights

%

Class of shares:

holding

Ordinary

100.00

2024

2023

$

$

Aggregate capital and reserves

20,247,258

17,527,047

Profit for the year

2,720,211

289,612

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

$

$

Called up share capital unpaid

167

167

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

$

$

Trade creditors

439

-

Amounts owed to related parties

466,826

469,239

Accruals

1,753

-

469,018

469,239

The amounts owed to related parties are unsecured, interest-free and without specified repayment dates.

7.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2024

2023

value:

$

$

100

Ordinary

£1

167

167

8.

RESERVES

Retained

Other

earnings

reserves

Totals

$

$

$

At 1 January 2024

672,593

600,993

1,273,586

Profit for the year

221

221

At 31 December 2024

672,814

600,993

1,273,807

9.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

10.	POST BALANCE SHEET EVENTS

The effect of events relating to the year ended 31 December 2024, which occurred before the date of approval of the financial statements by the directors, have been included to the extent required to show a true and fair view of the state of affairs at 31 December 2024 and of the results of the year ended on that date.