Archive Investments Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 06535250

Archive Investments Limited

Filleted Financial Statements

30 September 2024

Archive Investments Limited

Statement of Financial Position

30 September 2024

	2024		2023
Note	£	£	£

Fixed assets

Investments	4		6,299,268	6,299,268

Current assets

Debtors	5	112,800		112,800

Creditors: amounts falling due within one year	6	6,390,238		6,390,238
		------------		------------
Net current liabilities			6,277,438	6,277,438
			------------	------------
Total assets less current liabilities			21,830	21,830
			--------	--------

Capital and reserves

Called up share capital	119,800	119,800
Profit and loss account	( 97,970)	( 97,970)
	---------	---------
Shareholders funds	21,830	21,830
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

These financial statements were approved by the board of directors and authorised for issue on 25 September 2025 , and are signed on behalf of the board by:

A S White

Director

Company registration number: 06535250

Archive Investments Limited

Notes to the Financial Statements

Year ended 30 September 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 10 Orange Street, London, WC2H 7DQ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The company did not make a profit or a loss during the period and had net assets of £21,830 (2022: Assets of £21,830) at the balance sheet date. The director has considered the basis of preparation of the financial statements and have concluded that it is appropriate to prepare these on the going concern basis. The director of the company is confident that they will be able to continue trading for at least 12 months from the signing of the financial statements. This is due to the company being a holding company and the only creditor being the subsidiary of the Archive Investments - British Pathe Limited which do not require repayment of the creditor.

Disclosure exemptions

The entity satisfies the criteria of being a qualifying small entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under section 1A of FRS 102: (a) No cash flow statement has been presented for the company. (b) Disclosures in respect of financial instruments have not been presented.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Investments in associates

Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.

Investments in joint ventures

Investments in jointly controlled entities accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in jointly controlled entities accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the joint venture arising before or after the date of acquisition.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

4. Investments

	Other investments other than loans
	£
Cost
At 1 October 2023 and 30 September 2024	6,299,268
	------------
Impairment
At 1 October 2023 and 30 September 2024	–
	------------

Carrying amount
At 30 September 2024	6,299,268
	------------
At 30 September 2023	6,299,268
	------------

Subsidiary undertaking

The company's investment in its subsidiary company represents the cost of acquisition of the whole of the ordinary share capital of British Pathe Limited, which provides stock footage services.

At 30 September 2023, the aggregate of the share capital and reserves of British Pathe Limited amounted to £12,958,902 (2022: £13,191,588) and the profit for financial the year to that date was £1,167,314 (2022: £1,219,820).

5. Debtors

	2024	2023
	£	£
Other debtors	112,800	112,800
	---------	---------

6. Creditors: amounts falling due within one year

	2024	2023
	£	£
Amounts owed to group undertakings and undertakings in which the company has a participating interest	6,390,238	6,390,238
	------------	------------

7. Summary audit opinion

The auditor's report dated 29 September 2025 was unqualified .

The senior statutory auditor was Stewart Jell , for and on behalf of Moore Kingston Smith LLP .

8. Related party transactions

The company was under the control of Mr TC Parker throughout the current and previous period. At 30 September 2023, a balance of £6,390,238 (2022: £6,390,238) was owed to British Pathe Limited , a wholly owned subsidiary undertaking.