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COMPANY REGISTRATION NUMBER: 15868861

TFA3 Limited

Filleted Unaudited Accounts

30 September 2025

TFA3 Limited

Statement of Financial Position

30 September 2025

| 30 Sep 25
Note | £

Current assets

Debtors | 5 | 485,792
Cash at bank and in hand | 35,672
| ---------
| 521,464

Creditors: amounts falling due within one year | 6 | ( 521,463)
| ---------
Net current assets | 1
| ----
Total assets less current liabilities | 1
| ----
Net assets | 1
| ----

Capital and reserves

Called up share capital | 1
| ----
Shareholders funds | 1
| ----

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the period ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts .
These accounts were approved by the board of directors and authorised for issue on 3 December 2025 , and are signed on behalf of the board by:

D S Fenton
Director

Company registration number: 15868861

TFA3 Limited

Notes to the Accounts

Period from 31 July 2024 to 30 September 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 58 Crewys Road, London, NW2 2AD, England.
2. Statement of compliance
These accounts have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The accounts have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The accounts are prepared in sterling, which is the functional currency of the entity.
Significant estimation technique adopted
Accruals are estimated by reference to purchase orders raised at the period end and estimates to complete. Payments received on account are estimated by reference to percentage of completion of the television production, as noted in "Turnover" below.
Comparatives
The accounts cover the period from incorporation through to 30 September 2025, hence there are no comparative figures.
The accounting period has been extended to ensure that the accounting period and tax credit claim is conterminous.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying small entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under section 1A of FRS 102: (a) No cash flow statement has been presented for the company. (b) Disclosures in respect of financial instruments have not been presented.
Avec recoverable
The Company is entitled to claim Audio-Visual Expenditure Credit (AVEC) in respect of qualifying production expenditure. As the production falls within the scope of children’s television, the Company is eligible for an enhanced rate of credit. Amounts recoverable are recognised as receivables when there is reasonable assurance that the conditions of the scheme have been met, with the corresponding income recognised in the profit and loss account in the period the qualifying expenditure is incurred. The grant income is recognised in the Statement of Comprehensive Income as other operating income.
Turnover
Turnover relates to the production of the television series entitled "The Football Academy - Season 3". It represents the value of the work done in the period, including estimates of amounts not invoiced and is stated after trade discounts, other taxes and net of VAT. Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Intra-group borrowings are debt instruments and are initially measured at present value of the future cash flows and subsequently at amortised cost using an effective interest method.
4. Employees
The company has been incorporated to produce a high-end television series entitled "The Football Academy - Season 3". In common with the film and television industry the majority of crew are hired on short term contracts for the duration of principal photography or are self-employed.
None of the directors received any form of remuneration.
5. Debtors

| 30 Sep 25
| £
Trade debtors | 115,681
Prepayments and accrued income | 40,310
VAT recoverable | 27,290
AVEC recoverable | 302,510
Other debtors | 1
| ---------
| 485,792
| ---------

6. Creditors: amounts falling due within one year

| 30 Sep 25
| £
Trade creditors | 182,956
Amounts owed to group undertakings | 7,500
Accruals and deferred income | 58,737
Productions loans | 272,270
| ---------
| 521,463
| ---------

The loan has been secured against the anticipated future audio visual expenditure credit.
7. Contingent liabilities
Charges have been made against the television series in favour of the following parties to secure their interests in the copyright of and title to the television series: Arbuthnot Latham & Co. Limited
8. Related party transactions
All transactions related to the production of the television series "The Football Academy - Series 3" and arose on an arm's-length basis through the normal course of business. No transactions with related parties were undertaken such as are required to be disclosed under FRS 102.
9. Controlling party
The ultimate controlling party is D S Fenton Limited, incorporated in the United Kingdom, by virtue of its majority shareholding.