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REGISTERED NUMBER: 11343731 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

3 Rock Productions Limited

3 Rock Productions Limited (Registered number: 11343731)

Contents of the Financial Statements

for the Year Ended 31 December 2024

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

3 Rock Productions Limited

Company Information

for the Year Ended 31 December 2024

| Directors: | C Doyle

| B O'Driscoll

| V J Turton

| Secretary: | A J McIntyre-Brown

| Registered office: | Berkshire House

| 168-173 High Holborn

| London

| WC1V 7AA

| Registered number: | 11343731 (England and Wales)

3 Rock Productions Limited (Registered number: 11343731)

Balance Sheet

31 December 2024

2024 | 2023 |

| Notes | £ | £

Fixed assets

Tangible assets | 4 | 2,568 |  | 4,227 |  |

Current assets

Stocks | - |  | 51,368 |  |

Debtors | 5 | 69,383 |  | 103,651 |  |

Cash at bank and in hand | 91,283 |  | 134,795 |  |

160,666 |  | 289,814 |  |

Creditors

Amounts falling due within one year | 6 | (408,819 | ) | (313,278 | ) |

Net current liabilities | (248,153 | ) | (23,464 | ) |

Total assets less current liabilities | (245,585 | ) | (19,237 | ) |

Capital and reserves

Called up share capital | 7 | 296 |  | 296 |  |

Share premium | 249,926 |  | 249,926 |  |

Retained earnings | (495,807 | ) | (269,459 | ) |

Shareholders' deficit | (245,585 | ) | (19,237 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 5 November 2025 and were signed on its behalf by:

C Doyle - Director

3 Rock Productions Limited (Registered number: 11343731)

Notes to the Financial Statements

for the Year Ended 31 December 2024

1. | Statutory information

| 3 Rock Productions Limited is a private company, limited by shares, incorporated in United Kingdom under the Companies Act 2006. 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.

| Changes in accounting policies and disclosures

| The company has applied the following standards and amendments for the first time for its annual reporting period commencing 1 January 2024:

| - IAS 12, Income Taxes – International Tax Reform – Pillar Two Model Rules and Deferred Tax related to Assets and Liabilities arising from a single transaction – effective 1 January 2024,

| - Amendments to IFRS 16, Lease Liability in a Sale-and-Leaseback – effective 1 January 2024,

| - Amendments to IAS 7 and IFRS 7, Supplier Finance Arrangements - effective 1 January 2024,

| - IAS 1, Presentation of Financial Statements – Disclosure of Accounting Policies – effective 1 January 2024

| The above amendments did not have any impact on the amounts recognised in prior periods and are not expected to have a significant effect on the current or future periods.

| New standards and interpretations not yet adopted

| The company has not yet adopted certain new standards, amendments and interpretations to existing standards, which have been published but are not yet effective. These new pronouncements are listed below:

| • Amendments to IAS 21, the Effects of Changes in Foreign Exchange Rates – effective 1 January 2025.

| • IFRS 9, Financial Instruments – Amendments regarding the classification and measurement of financial instruments – effective 1 January 2026

| • IFRS 7, Financial Instruments: Disclosures – Amendments related to the disclosure of financial instruments' effects and risk management – effective 1 January 2026

| The above amendments will not have a material impact on the 3 Rock Productions Limited’s reported profit or equity to on the disclosures in the financial statements.

| Turnover

| For sponsorship, ticket sales and merchandising, turnover and attributable profit are recognised in accordance with the event calendar.

| Both under and overspends are accounted for once known and are recognised in accordance with the above.

| Turnover relates wholly to the company’s principal activity in the UK.

| Stocks

| Stock and work in progress should be valued at the lower of cost and net realisable value. Net realisable value should be based on estimated selling price less any further costs expected to be incurred to completion.

3 Rock Productions Limited (Registered number: 11343731)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

2. | Accounting policies - continued

| Taxation

| The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in shareholders’ funds. In this case, the tax is also recognised in other comprehensive income or directly in shareholders’ funds, respectively.

| The current income tax charge is calculated on the basis of the tax laws enacted or substantively enacted at the balance sheet date in the countries where the company operates and generates taxable income. Management periodically evaluates positions taken in tax returns with respect to situations in which applicable tax regulation is subject to interpretation. It establishes provisions where appropriate on the basis of amounts expected to be paid to the tax authorities.

| Deferred tax

| Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements. However, deferred tax liabilities are not recognised if they arise from the initial recognition of goodwill; or arise from initial recognition of an asset or liability in a transaction other than a business combination that at the time of the transaction affects neither accounting nor taxable profit or loss. Deferred income tax is determined using tax rates (and laws) that have been enacted or substantively enacted by the balance sheet date and are expected to apply when the related deferred income tax asset is realised or the deferred income tax liability is settled.

| Deferred income tax assets are recognised only to the extent that it is probable that future taxable profits will be available against which the temporary differences can be utilised.

| Deferred income tax assets and liabilities are offset when there is a legally enforceable right to offset current tax assets against current tax liabilities and when the deferred income tax assets and liabilities relate to income taxes levied by the same taxation authority on either the same taxable entity or different taxable entities where there is an intention to settle the balances on a net basis.

| Translation of foreign currencies

| (a) Functional and presentation currency

| Items included in the financial statements of the company are measured using the currency of the primary economic environment in which the company operates (‘the functional currency’). The financial statements are presented in ‘Pounds Sterling’ (£), which is also the company’s functional currency.

| (b) Transactions and balances

| Foreign currency transactions are translated into the functional currency using the exchange rates prevailing at the dates of the transactions or valuation where items are re-measured. Foreign exchange gains and losses resulting from the settlement of such transactions and from the translation at year-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the income statement.

| Going concern

| The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Furthermore, the company’s corporate shareholder, All3Media Finance Limited, has undertaken to provide continuing financial support so that the company is able to pay its debts as and when they fall due. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.

| Cash and cash equivalents

| Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of changes in value.

| Provisions

| Provisions are recognised when the company has a present obligation as a result of a past event, it is probable that a transfer of economic benefits will be required to settle the obligation, and a reliable estimate can be made of the amount of the obligation.

3. | Employees and directors

| The average number of employees during the year was 5 (2023 - 5 ) .

3 Rock Productions Limited (Registered number: 11343731)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

4. | Tangible fixed assets

|  | Computer equipment |  | Production equipment |  | Total |  |

|  | £ |  | £ |  | £ |  |

| Cost |  |

| At 1 January 2024 |  |  | 5,903 |  | 730 |  | 6,633 |  |

| Additions |  |  | - |  | - |  | - |  |

| Disposals |  |  | - |  | - |  | - |  |

| At 31 December 2024 |  |  | 5,903 |  | 730 |  | 6,633 |  |

| Accumulated depreciation |  |

| At 1 January 2024 |  |  | 2,193 |  | 213 |  | 2,406 |  |

| Charge for the year |  |  | 1,476 |  | 183 |  | 1,659 |  |

| Disposals |  |  | - |  | - |  | - |  |

| At 31 December 2024 |  |  | 3,669 |  | 396 |  | 4,065 |  |

| Net Book Value |  |

| At 31 December 2024 |  |  | 2,234 |  | 334 |  | 2,568 |  |

| At 31 December 2023 |  |  | 3,710 |  | 517 |  | 4,227 |  |

5. | Debtors: amounts falling due within one year |

2024 | 2023 |

| £ | £

| Trade debtors | 68,564 |  | 100,181 |  |

| Other debtors | 204 |  | 204 |  |

| Prepayments and accrued income | 615 |  | 3,266 |  |

69,383 |  | 103,651 |  |

6. | Creditors: amounts falling due within one year |

2024 | 2023 |

| £ | £

| Trade creditors | 97,529 |  | 66,244 |  |

| Social security and other taxes | 49,810 |  | 23,853 |  |

| Other creditors | 149,822 |  | 160,387 |  |

| Accruals and deferred income | 111,658 |  | 62,794 |  |

408,819 |  | 313,278 |  |

| Included within Other Creditors is a loan from All3Media Finance Limited, a shareholder of the company, of £149,554 (31 December 2023: £nil)

3 Rock Productions Limited (Registered number: 11343731)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

7. | Called up share capital

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2024 | 2023 |

value: |  | £ | £

| 7,403 | A shares | 0.01 | 74 |  | 74 |  |

| 22,222 | B shares | 0.01 | 222 |  | 222 |  |

296 |  | 296 |  |

8. | Related party transactions

| During the year, the company incurred the following costs with related parties:

|  | 2024 |  | 2023 |  |

|  | £ |  | £ |  |

| Production and administration services |  |

| North One Television Limited |  |  | (40,309 | ) | (80,486 | ) |

| Management and administration services |  |

| All3Media Limited |  |  | (10,216 | ) | (11,034 | ) |

| The following amounts were owed to related parties at the balance sheet date:

|  | 2024 |  | 2023 |  |

|  | £ |  | £ |  |

| Trade payables |  |

| North One Television Limited |  |  | (78,371 | ) | (190,021 | ) |

| All3Media Limited |  |  | (11,888 | ) | (3,156 | ) |

| Loan |  |

| All3Media Finance Limited |  |  | (149,554 | ) | - |  |

| North One Television Limited, All3Media Limited and All3Media Finance Limited are companies of which V Turton is also a Director. All3Media Finance Limited has a significant shareholding in 3 Rock Productions Limited. The loan from All3Media Finance is interest-bearing at a rate of 3.5% + SONIA, unsecured and repayable by 31 December 2025.

| There were no further related party transactions and/or reporting period end balances to report.

9. | Ultimate controlling party

| The directors consider that the company does not have an ultimate controlling party.