SOVEREIGN FILMS LIMITED

Company Registration Number:
05336628 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

SOVEREIGN FILMS LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

SOVEREIGN FILMS LIMITED

Balance sheet

As at 30 June 2024


Notes
2024
2023


£
£
Fixed assets
Intangible assets: 3 133,450 225,175
Tangible assets: 4 1 1
Investments: 5 50,100 167,643
Total fixed assets: 183,551 392,819
Current assets
Debtors: 6 6,137,755 3,852,793
Cash at bank and in hand: 3,269 23,201
Total current assets: 6,141,024 3,875,994
Creditors: amounts falling due within one year: 7 (4,252,346) (5,558,970)
Net current assets (liabilities): 1,888,678 (1,682,976)
Total assets less current liabilities: 2,072,229 (1,290,157)
Creditors: amounts falling due after more than one year: 8 (29,779) (35,735)
Total net assets (liabilities): 2,042,450 (1,325,892)
Capital and reserves
Called up share capital: 50,000 50,000
Profit and loss account: 1,992,450 (1,375,892)
Shareholders funds: 2,042,450 (1,325,892)

The notes form part of these financial statements

SOVEREIGN FILMS LIMITED

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 September 2025
and signed on behalf of the board by:

Name: A Roald
Status: Director

The notes form part of these financial statements

SOVEREIGN FILMS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SOVEREIGN FILMS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 1 1

SOVEREIGN FILMS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Intangible Assets

Total
Cost £
At 01 July 2023 917,249
At 30 June 2024 917,249
Amortisation
At 01 July 2023 692,074
Charge for year 91,725
At 30 June 2024 783,799
Net book value
At 30 June 2024 133,450
At 30 June 2023 225,175

SOVEREIGN FILMS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Tangible Assets

Total
Cost £
At 01 July 2023 5,733
At 30 June 2024 5,733
Depreciation
At 01 July 2023 5,732
At 30 June 2024 5,732
Net book value
At 30 June 2024 1
At 30 June 2023 1

SOVEREIGN FILMS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Fixed investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Investment in subsidiary undertakings and undertakings in which the company has a participating interest are recognised at cost less accumulated impairment.

SOVEREIGN FILMS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

6. Debtors

2024 2023
££
Debtors due after more than one year: 4,945,627 1,460,977

The amounts owed by group undertakings are unsecured, interest free and repayable on demand.

SOVEREIGN FILMS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

7. Creditors: amounts falling due within one year note

The amounts owed to group undertakings are unsecured, interest free and repayable on demand.

SOVEREIGN FILMS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

8. Creditors: amounts falling due after more than one year note

Bank loans outstanding at the reporting date include instalments due after more than five years of £5,956

SOVEREIGN FILMS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

9. Related party transactions

Name of the related party:
Relationship:
Common directors
Description of the Transaction: The company has taken advantage of the exemption conferred by FRS102 from disclosing details of transactions with other wholly owned group companies.
£
Balance at 01 July 2023 2,260,382
Balance at 30 June 2024 5,791,792
Name of the related party:
Relationship:
Common directors
Description of the Transaction: The company has taken advantage of the exemption conferred by FRS102 from disclosing details of transactions with other wholly owned group companies.
£
Balance at 01 July 2023 2,260,382
Balance at 30 June 2024 5,791,792
Name of the related party:
Relationship:
Common directors
Description of the Transaction: The company has taken advantage of the exemption conferred by FRS102 from disclosing details of transactions with other wholly owned group companies.
£
Balance at 01 July 2023 1,800,000
Balance at 30 June 2024 2,490,714
Name of the related party:
Relationship:
Common directors
Description of the Transaction: The company has taken advantage of the exemption conferred by FRS102 from disclosing details of transactions with other wholly owned group companies.
£
Balance at 01 July 2023 2,490,714
Balance at 30 June 2024 1,800,000
Name of the related party:
Relationship:
Common directors
Description of the Transaction: The company has taken advantage of the exemption conferred by FRS102 from disclosing details of transactions with other wholly owned group companies.
£
Balance at 01 July 2023 2,490,714
Balance at 30 June 2024 1,800,000
Name of the related party:
Relationship:
Common directors
Description of the Transaction: The company has taken advantage of the exemption conferred by FRS102 from disclosing details of transactions with other wholly owned group companies.
£
Balance at 01 July 2023 360,382
Balance at 30 June 2024 627,500