IRIS Accounts Production v25.4.0.155 13532446 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 13532446 2024-03-31 13532446 2025-03-31 13532446 2024-04-01 2025-03-31 13532446 2023-03-31 13532446 2023-04-01 2024-03-31 13532446 2024-03-31 13532446 ns15:EnglandWales 2024-04-01 2025-03-31 13532446 ns14:PoundSterling 2024-04-01 2025-03-31 13532446 ns10:Director1 2024-04-01 2025-03-31 13532446 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 13532446 ns10:SmallEntities 2024-04-01 2025-03-31 13532446 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 13532446 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 13532446 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 13532446 ns10:FullAccounts 2024-04-01 2025-03-31 13532446 ns10:Director2 2024-04-01 2025-03-31 13532446 ns10:Director3 2024-04-01 2025-03-31 13532446 ns10:RegisteredOffice 2024-04-01 2025-03-31 13532446 ns5:CurrentFinancialInstruments 2025-03-31 13532446 ns5:CurrentFinancialInstruments 2024-03-31 13532446 ns5:ShareCapital 2025-03-31 13532446 ns5:ShareCapital 2024-03-31 13532446 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 13532446 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 13532446 ns5:CostValuation 2024-03-31

REGISTERED NUMBER: 13532446 (England and Wales)

| FILM FIRST LIMITED |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MARCH 2025 |

FILM FIRST LIMITED (REGISTERED NUMBER: 13532446)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

FILM FIRST LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTORS: | T Cook

| T Forsyth

| C P Giles

| REGISTERED OFFICE: | 3rd Floor

| Marlborough House

| 298 Regents Park Road

| Finchley

| London

| N3 2SZ

| REGISTERED NUMBER: | 13532446 (England and Wales)

| ACCOUNTANTS: | Duncan & Toplis Limited

| 3rd Floor

| Marlborough House

| 298 Regents Park Road

| Finchley

| London

| N3 2SZ

FILM FIRST LIMITED (REGISTERED NUMBER: 13532446)

BALANCE SHEET

31 MARCH 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investments | 4 | 1,220 |  | 1,220 |  |

CURRENT ASSETS

Debtors | 5 | 22,500 |  | 22,500 |  |

Cash at bank and in hand | 9,582 |  | 3,821 |  |

32,082 |  | 26,321 |  |

CREDITORS

Amounts falling due within one year | 6 | 24,746 |  | 24,268 |  |

NET CURRENT ASSETS | 7,336 |  | 2,053 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 8,556 |  | 3,273 |  |

CAPITAL AND RESERVES

Called up share capital | 159 |  | 159 |  |

Retained earnings | 8,397 |  | 3,114 |  |

8,556 |  | 3,273 |  |

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 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 Profit and Loss Account 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:

T Forsyth - Director

FILM FIRST LIMITED (REGISTERED NUMBER: 13532446)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| Film First 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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.

| Key source of estimation, uncertainty and judgement

| The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

| There is estimation uncertainty in calculating depreciation. A full line by line review of fixed assets is carried out by management regularly. Whilst every attempt is made to ensure that the depreciation policy is as accurate as possible, there remains a risk that the policy does not match the useful life of the assets.

| There is estimation uncertainty in calculating deferred tax. A full line by line review of deferred tax is carried out by management regularly. Whilst every attempt is made to ensure that the deferred tax is as accurate as possible, there remains a risk that the provisions do not match the actual tax liability when asset is disposed of.

| There is estimation uncertainty in calculating bad debt provisions. A full line by line review of trade debtors is carried out at the end of each month. Whilst every attempt is made to ensure that the bad debt provisions are as accurate as possible, there remains a risk that the provisions do not match the level of debts which ultimately prove to be uncollectable.

| 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 Profit and Loss Account, 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 3 (2024 - 3 ) .

4. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| COST

| At 1 April 2024

| and 31 March 2025 | 1,220 |  |

| NET BOOK VALUE

| At 31 March 2025 | 1,220 |  |

| At 31 March 2024 | 1,220 |  |

FILM FIRST LIMITED (REGISTERED NUMBER: 13532446)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Amounts owed by group undertakings | 22,500 |  | 22,500 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | - |  | 1 |  |

| Amounts owed to group undertakings | 22,697 |  | 22,697 |  |

| Other creditors | 2,049 |  | 1,570 |  |

24,746 |  | 24,268 |  |

7. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number |  | Class |  | Nominal value |  | 2024 |  | 2023 |  |

| 120 |  | Ordinary |  | £1 |  | 120 |  | 120 |  |

| 13 |  | Ordinary A |  | £1 |  | 13 |  | 13 |  |

| 13 |  | Ordinary B |  | £1 |  | 13 |  | 13 |  |

| 13 |  | Ordinary C |  | £1 |  | 13 |  | 13 |  |

|  | 159.00 |  | 159.00 |  |

| 13 Ordinary A shares,13 Ordinary B shares and 13 Ordinary C shares of £1 each were issued at par in the previous year and fully paid during the year.