REGISTERED NUMBER: 01680561 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

BRITISH FILM DESIGNERS GUILD LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M H Stone

J P Green

B L Barnette

J I Wicks

P Frost

REGISTERED OFFICE:

Ferrari House

258 Field End Road

Ruislip

Middlesex

HA4 9UU

REGISTERED NUMBER:

01680561 (England and Wales)

ACCOUNTANTS:

Diverset Limited

Chartered Accountants

Ferrari House

258 Field End Road

Ruislip

Middlesex

HA4 9UU

FIXED ASSETS

Tangible assets

4

3,493

4,657

Investments

5

1

1

3,494

4,658

CURRENT ASSETS

Debtors

6

75,497

92,123

Cash at bank

15,576

107,891

91,073

200,014

CREDITORS

Amounts falling due within one year

7

35,773

143,542

NET CURRENT ASSETS

55,300

56,472

TOTAL ASSETS LESS CURRENT LIABILITIES

58,794

61,130

CREDITORS

Amounts falling due after more than one year

8

(3,500

)

(9,500

)

PROVISIONS FOR LIABILITIES

(873

)

(1,164

)

NET ASSETS

54,421

50,466

RESERVES

Income and expenditure account

54,421

50,466

54,421

50,466

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 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 surplus or deficit 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 December 2025 and were signed on its behalf by:

M H Stone - Director

1.	STATUTORY INFORMATION

British Film Designers Guild Limited is a private company, limited by guarantee , 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.

The directors have concluded that the company is and remains a going concern based on projections of profitability and cash flow based on strong membership, commercial sponsorship and event performance.

Preparation of consolidated financial statements

The financial statements contain information about British Film Designers Guild Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

9,985

DEPRECIATION

At 1 April 2024

5,328

Charge for year

1,164

At 31 March 2025

6,492

NET BOOK VALUE

At 31 March 2025

3,493

At 31 March 2024

4,657

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

1

NET BOOK VALUE

At 31 March 2025

1

At 31 March 2024

1

The company's investments at the Balance Sheet date in the share capital of companies include the following:

BFDG Events Ltd

Registered office: Ferrari House, 258 Field End Road, Ruislip, Middx, HA4 9UU

Nature of business: Event Management

%

Class of shares:

holding

Ordinary

100.00

The company established BFDG Events Ltd, a wholly owned subsidiary, to separate the commercial risks inherent in running the Annual Awards, in itself now a significant event, plus any additional events and commercial activities undertaken by the Guild.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

28,351

Other debtors

75,497

63,772

75,497

92,123

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

6,540

7,604

Trade creditors

15,266

39,564

Taxation and social security

11,843

14,340

Other creditors

2,124

82,034

35,773

143,542

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

3,500

9,500

9.	ULTIMATE CONTROLLING PARTY

The company is Limited by Guarantee, so has no shareholders and no overall controlling party.