ACCOUNTS - Final Accounts preparation



	Raine International Holdings UK Limited













	Financial statements

	For the year ended 31 December 2024

	Registered number: 13780881

Information for filing with the registrar


Raine International Holdings UK Limited - Registered number: 13780881

Statement of financial position

As at 31 December 2024

		2024		2023
Note		$		$

Fixed assets
Investments	3		3,002		2
			3,002		2
Current assets
Debtors	4	1,884,741		1,888,741
Cash at bank and in hand		1,000		-
		1,885,741		1,888,741
Creditors: amounts falling due within one year	6	(11,484,126)		(11,475,099)
Net current liabilities			(9,598,385)		(9,586,358)
Total assets less current liabilities			(9,595,383)		(9,586,356)
Net liabilities			(9,595,383)		(9,586,356)

Capital and reserves
Called up share capital	1	1
Capital contribution reserve	1	1
Profit and loss account	(9,595,385)	(9,586,358)
	(9,595,383)	(9,586,356)

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board on 29 September 2025 and were signed on its behalf by:

Brandon Gardner	Jason Schretter
Director	Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1


Raine International Holdings UK Limited

Notes to the financial statements

For the year ended 31 December 2024

1.	General information

Raine International Holdings UK Limited is a private company, limited by shares, incorporated in England and Wales. Its registered office is 5th Floor, 25 Berkeley Square, London, W1J 6HN and its registered number is 13780881.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ('FRS 102') and the Companies Act 2006.

The company has taken advantage of the exemption under Section 399(2A)(i) of the Companies Act 2006 to not prepare group accounts.

The following principal accounting policies have been applied:

2.2

Going concern

The financial statements have been prepared on a going concern basis. As at 31 December 2024, the company had net liabilities of $9,595,384.
The company is reliant on support from its ultimate parent company, The Raine Group LLC. The company has received a letter from the ultimate parent company confirming they will continue to provide financial support to the company to enable it to meet all of its liabilities as they fall due, for a period of at least 12 months from the approval of these financial statements.

2.3

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is USD.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss.

2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Page 2


Raine International Holdings UK Limited

Notes to the financial statements

For the year ended 31 December 2024

2.Accounting policies (continued)

2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment.

2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.7

Creditors

Short-term creditors are measured at the transaction price.

2.8

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans to and from related parties and investments in ordinary shares.

2.9

Capital contributions

Capital contributions are classified as equity and represent funds provided by the company's sole shareholder, and are repayable by the company at its sole discretion.

3.	Fixed asset investments

		Investments in subsidiary companies
		$
	Cost or valuation
	At 1 January 2024	2
	Additions	3,000
	At 31 December 2024	3,002

Page 3


Raine International Holdings UK Limited

Notes to the financial statements

For the year ended 31 December 2024

Debtors

					2024	2023
					$	$


Amounts owed by group undertakings	1,884,741	1,888,741
	1,884,741	1,888,741

5.	Cash and cash equivalents
		2024	2023
		$	$

Cash at bank and in hand	1,000	-
	1,000	-

6.	Creditors: amounts falling due within one year
		2024	2023
		$	$

Amounts owed to group undertakings	11,470,410	11,461,383
Accruals	13,716	13,716
	11,484,126	11,475,099

7.	Contingent liabilities

The company had no contingent liabilities at 31 December 2024 or 31 December 2023.

8.	Capital commitments
	The company had no capital commitments at 31 December 2024 or 31 December 2023.

9.	Controlling party

The smallest group of undertakings for which consolidated group accounts, which include the company, have been drawn up is headed by The Raine Group LLC. The registered office of the Raine Group LLC is c/o the Corporation Service Company, 2711 Centerville Road, Suite 400, Wilmington, County of New Castle, Delaware 19808, USA.

Page 4


Raine International Holdings UK Limited

Notes to the financial statements

For the year ended 31 December 2024

10.	Auditor's information

The auditor's report on the financial statements for the year ended 31 December 2024 was unqualified.

The audit report was signed on 30 September 2025 by Peter Chapman (Senior statutory auditor) on behalf of Buzzacott Audit LLP.

Page 5