REGISTERED NUMBER: SC535339 (Scotland)

FALL FILMS LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

B L Bateman

REGISTERED OFFICE:

45 Marlborough Street

Edinburgh

EH15 2BD

REGISTERED NUMBER:

SC535339 (Scotland)

ACCOUNTANTS:

Benham Conway & Co

16 Royal Crescent

Glasgow

G3 7SL

CURRENT ASSETS

Debtors

5

43,434

41,384

Cash at bank

3,469

3,077

46,903

44,461

CREDITORS

Amounts falling due within one year

6

37,886

36,661

NET CURRENT ASSETS

9,017

7,800

TOTAL ASSETS LESS CURRENT LIABILITIES

9,017

7,800

CREDITORS

Amounts falling due after more than one year

7

5,885

6,667

NET ASSETS

3,132

1,133

RESERVES

Retained earnings

3,132

1,133

SHAREHOLDERS' FUNDS

3,132

1,133

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 September 2025 and were signed by:

B L Bateman - Director

1.	STATUTORY INFORMATION

Fall Films Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost

Financial instruments

Basic financial instruments, including trade and other payables, bank loans and other loans that are classified as debt, are initially recognised at transaction price and are subsequently carried at amortised cost, using the effective interest rate method.

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2024

and 31 May 2025

2,580

DEPRECIATION

At 1 June 2024

and 31 May 2025

2,580

NET BOOK VALUE

At 31 May 2025

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

1,872

-

Other debtors

809

636

Director's loan account

30,470

34,251

Tax recoverable

10,283

6,497

43,434

41,384

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans and overdrafts

1,226

1,333

Taxation and social security

35,004

33,617

Other creditors

1,656

1,711

37,886

36,661

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans

5,885

6,667

Amounts falling due in more than five years:

Repayable by instalments

Bank loan

-

1,334

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.25

31.5.24

value:

£

£

100

Ordinary

£0.0001

0.01

0.01

0.01

0.01

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At 31 May 2025 the company had provided the company's director with loans totalling £30,470 (2024, £34,251). Interest was charged at the official rate of interest on these loans. There are no fixed repayment terms for these loans.