ACCOUNTS - Final Accounts preparation

Registered number: 10695631

NYX/NOX PICTURES LTD

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

NYX/NOX PICTURES LTD

REGISTERED NUMBER: 10695631

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

	2024	2024	2023	2023
Note	£	£	£	£


Current assets
Debtors: amounts falling due after more than one year	4	500,000		500,000
Debtors: amounts falling due within one year	4	125,377		84,504
Cash at bank and in hand		938,879		1,597,403
		1,564,256		2,181,907
Creditors: amounts falling due within one year	5	(87,361)		(547,341)
Net current assets			1,476,895		1,634,566

Net assets			1,476,895		1,634,566

Capital and reserves
Called up share capital	10	10
Profit and loss account	1,476,885	1,634,556
	1,476,895	1,634,566

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

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 income and retained earnings 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 and were signed on its behalf by:

D Taylor

Director

Date: 8 October 2025

The notes on pages 3 to 6 form part of these financial statements.

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NYX/NOX PICTURES LTD

REGISTERED NUMBER: 10695631

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 DECEMBER 2024

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NYX/NOX PICTURES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

Nyx/Nox Pictures Ltd is a private company limited by shares incorporated in the United Kingdom and registered in England and Wales. The address of its registered office is 124 Finchley Road, London, NW3 5JS.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is GBP.

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.

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.

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NYX/NOX PICTURES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.3

Revenue

Turnover represents fees receivable for the provision of acting services.

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable excluding value added tax. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of turnover can be measured reliably;

∙it is probable that the company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.5

Taxation

Tax is recognised in profit or loss.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

2.6

Debtors

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

2.7

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.

2.8

Creditors

Short-term creditors are measured at the transaction price.

2.9

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 plus loans to related parties.

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NYX/NOX PICTURES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid.

Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

4.	Debtors
		2024	2023
		£	£

Due after more than one year
Other debtors	500,000	500,000
	500,000	500,000

					2024	2023
					£	£

Due within one year
Other debtors	73,118	54,884
Accrued income	12,534	29,620
Tax recoverable	39,725	-
	125,377	84,504

5.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Trade creditors	27,334	8,100
Corporation tax	-	503,145
Other creditors	33,867	9,396
Accruals	26,160	26,700
	87,361	547,341

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NYX/NOX PICTURES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

6.	Transactions with directors

During the previous year the company advanced funds to the directors. The amount was repaid during the year so the balance owed to the company by the directors was £nil (2023: £9,532) at the reporting date.

7.	Related party transactions
	During the year the company advanced funds to the company's shareholder. The amount owed to the company by the shareholder was £68,536 (2023: £28,221) at the reporting date.

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