Goldhawk Productions Limited

	Page
Abridged Balance Sheet	1
Notes to the Abridged Financial Statements	2—4

1. General Information

Goldhawk Productions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05592405 . The registered office is Riverside House 3 Place Farm, Wheathampstead, St. Albans, AL4 8SB.

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.

This company is a qualifying entity for the purposes of FRS 102, being a member of a group where the parent of that group prepares publicly available consolidated financial statements, including this company, which are intended to give a true and fair view of the assets, liabilities, financial position and profit or loss of the group. The company has therefore taken advantage of exemptions from the following disclosure requirements:

· Section 7 ‘Statement of Cash Flows’: Presentation of a statement of cash flow and related notes and disclosures;

· Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instrument Issues: Interest income/expense and net

gains/losses for financial instruments not measured at fair value; basis of determining fair values; details of collateral, loan defaults

or breaches, details of hedges, hedging fair value changes recognised in profit or loss and in other comprehensive income;

· Section 26 ‘Share based Payment’: Share-based payment expense charged to profit or loss, reconciliation of opening and closing

number and weighted average exercise price of share options, how the fair value of options granted was measured, measurement

and carrying amount of liabilities for cash-settled share-based payments, explanation of modifications to arrangements;

· Section 33 ‘Related Party Disclosures’: Compensation for key management personnel.

The financial statements of the company are consolidated in the financial statements of Qarlbo AB. These consolidated financial

statements are available from its registered office.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Home office	10%
Office equipment	25%
Motor Vehicles	20%
Fixtures & Fittings	25%
Computer Equipment	33%

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Goldhawk Productions Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 December 2024

2.4. Taxation

Taxation for the period 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 period 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

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2023: 3)

4. Tangible Assets

	Total
	£
Cost
As at 1 January 2024	54,838
Additions	1,350
Disposals	(22,143 )

As at 31 December 2024	34,045

Depreciation
As at 1 January 2024	39,684
Provided during the period	2,619
Disposals	(11,972 )

As at 31 December 2024	30,331

Net Book Value
As at 31 December 2024	3,714

As at 1 January 2024	15,154

5. Post Balance Sheet Events

On 4th April 2025 the remaining minority shareholding was purchased by PodX Group Aktiebolag. On 2nd May 2025 100% of the share capital in the company was sold to Platform Media Holdings Limited.

6. Parent Undertaking and Controlling Party

The immediate parent company is Platform Media Holdings Limited, a company registered in the United Kingdom.

The ultimate controlling party is Qarlbo AB, a company incorporated in Sweden.

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Goldhawk Productions Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 December 2024

7. Audit Information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

Opinion

In our opinion the financial statements:

· give a true and fair view of the state of the company's affairs as at 31 December 2024 and of its profit for the year then ended;

· have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

· have been prepared in accordance with the requirements of the Companies Act 2006.

Senior Statutory Auditor: James Carty ACA FCCA

Statutory Auditor: Thomas & Young Limited

Date of audit report 29 September 2025

The auditor's report was signed by James Carty ACA FCCA (Senior Statutory Auditor) for and on behalf of Thomas & Young Ltd , Statutory Auditor.

Thomas & Young Ltd

266-268 Stratford Road

Shirley

Solihull

West Midlands

B90 3AD

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		31 December 2024		31 December 2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		3,714		15,154

			3,714		15,154
CURRENT ASSETS
Debtors		45,951		49,826
Cash at bank and in hand		355,487		331,680

		401,438		381,506
Creditors: Amounts Falling Due Within One Year		(263,741 )		(266,740 )

NET CURRENT ASSETS (LIABILITIES)			137,697		114,766

TOTAL ASSETS LESS CURRENT LIABILITIES			141,411		129,920

PROVISIONS FOR LIABILITIES
Deferred Taxation			(927 )		(1,246 )

NET ASSETS			140,484		128,674

CAPITAL AND RESERVES
Called up share capital			500		500
Profit and Loss Account			139,984		128,174

SHAREHOLDERS' FUNDS			140,484		128,674