SOVEREIGN FILM INVESTMENTS LIMITED

Company Registration Number:
06878719 (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 FILM INVESTMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

SOVEREIGN FILM INVESTMENTS LIMITED

Balance sheet

As at 30 June 2024


Notes
2024
2023


£
£
Fixed assets
Investments: 3 5,362,844 6,414,057
Total fixed assets: 5,362,844 6,414,057
Current assets
Stocks: 1,270,550 9,338,023
Debtors: 4 6,487,411 4,603,749
Cash at bank and in hand: 42,420 1,215
Total current assets: 7,800,381 13,942,987
Creditors: amounts falling due within one year: 5 (23,231,810) (22,753,007)
Net current assets (liabilities): (15,431,429) (8,810,020)
Total assets less current liabilities: (10,068,585) (2,395,963)
Creditors: amounts falling due after more than one year: 6 (36,556) (43,527)
Total net assets (liabilities): (10,105,141) (2,439,490)
Capital and reserves
Called up share capital: 50,000 50,000
Profit and loss account: (10,155,141) (2,489,490)
Shareholders funds: (10,105,141) (2,439,490)

The notes form part of these financial statements

SOVEREIGN FILM INVESTMENTS 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 FILM INVESTMENTS 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 FILM INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

SOVEREIGN FILM INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. 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 FILM INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 5,333,117 1,464,092

The amount owed by group undertakings and undertakings in which the company has a participating interest are unsecured, interest free and repayable on demand.

SOVEREIGN FILM INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Creditors: amounts falling due within one year note

The amount owed to group undertakings and undertakings in which the company has a participating interest are unsecured, interest free and repayable on demand.

SOVEREIGN FILM INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

6. 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 £7,205

SOVEREIGN FILM INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

7. 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 650,833
Balance at 30 June 2024 1,025,000
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 288,500
Balance at 30 June 2024 764,637