REGISTERED NUMBER: 12534343 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Hill Harbour Films Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms E J Frost

REGISTERED OFFICE:

The Old Stables

Sutton Manor Farm

Bishop's Sutton

Alresford

Hampshire

SO24 0AA

REGISTERED NUMBER:

12534343 (England and Wales)

ACCOUNTANTS:

Butler & Co Alresford Limited

Chartered Accountants

The Old Stables

Sutton Manor Farm

Bishops Sutton

Alresford

Hampshire

SO24 0AA

FIXED ASSETS

Tangible assets

4

1,125

1,834

Investments

5

509,517

549,490

510,642

551,324

CURRENT ASSETS

Debtors

6

35,382

19,090

Investments

7

30,447

12,956

Cash at bank

439,280

273,225

505,109

305,271

CREDITORS

Amounts falling due within one year

8

194,912

70,696

NET CURRENT ASSETS

310,197

234,575

TOTAL ASSETS LESS CURRENT LIABILITIES

820,839

785,899

CAPITAL AND RESERVES

Called up share capital

10

100

100

Fair value reserve

(72,535

)

(50,481

)

Retained earnings

893,274

836,280

SHAREHOLDERS' FUNDS

820,839

785,899

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 27 September 2025 and were signed by:

Ms E J Frost - Director

1.	STATUTORY INFORMATION

Hill Harbour Films Limited is a private company, limited by shares , registered in England and Wales. 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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Fixtures and fittings

-

25% reducing balance basis

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred 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 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 year 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Investments

Investments in shares are included at fair value. Gains and losses are recognised in the income statement. Deferred taxation is provided on these gains and losses at the rate expected to apply when the investments are sold.

3.

EMPLOYEES

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

3,255

2,105

5,360

DEPRECIATION

At 1 April 2024

2,034

1,492

3,526

Charge for year

407

302

709

At 31 March 2025

2,441

1,794

4,235

NET BOOK VALUE

At 31 March 2025

814

311

1,125

At 31 March 2024

1,221

613

1,834

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 April 2024

549,490

Additions

50,904

Disposals

(61,113

)

Revaluations

(29,764

)

At 31 March 2025

509,517

NET BOOK VALUE

At 31 March 2025

509,517

At 31 March 2024

549,490

Cost or valuation at 31 March 2025 is represented by:

Other

investments

£

Valuation in 2022

15,780

Valuation in 2023

(20,905

)

Valuation in 2024

(57,197

)

Valuation in 2025

(29,764

)

Cost

601,603

509,517

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

£

Corporation tax

15,463

-

VAT

-

6,964

Deferred tax asset

19,624

11,833

Prepayments

295

293

35,382

19,090

7.	CURRENT ASSET INVESTMENTS

2025

2024

as restated

£

£

Rowan-Dartington portfolio - cash account

30,447

12,956

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

£

Trade creditors

-

5

Corporation tax

11,067

3,251

VAT

516

-

Directors' current accounts

181,479

65,690

Accrued expenses

1,850

1,750

194,912

70,696

9.	DEFERRED TAX

£

Balance at 1 April 2024

(11,833

)

Accelerated capital allowances

(81

)

Investment revaluations

(7,710

)

Balance at 31 March 2025

(19,624

)

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

as restated

£

£

100

Ordinary

£1

100

100

11.	RELATED PARTY DISCLOSURES

E J Frost

Director

2025

2024

as restated

£

£

Amount due to related party at the balance sheet date

181,479

65,690

12.	ULTIMATE CONTROLLING PARTY

During the period under review the company was under the control of Ms E J Frost, the sole director and shareholder.