0 10 December 2025 false false false false false false false false false false true false false false false false true No description of principal activity 2024-01-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 10399039 2024-01-01 2024-12-31 10399039 2024-12-31 10399039 2023-12-31 10399039 2023-01-01 2023-12-31 10399039 2023-12-31 10399039 2022-12-31 10399039 bus:Director2 2024-01-01 2024-12-31 10399039 core:WithinOneYear 2024-12-31 10399039 core:WithinOneYear 2023-12-31 10399039 core:ShareCapital 2024-12-31 10399039 core:ShareCapital 2023-12-31 10399039 bus:SmallEntities 2024-01-01 2024-12-31 10399039 bus:Audited 2024-01-01 2024-12-31 10399039 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 10399039 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10399039 bus:FullAccounts 2024-01-01 2024-12-31
COMPANY REGISTRATION NUMBER: 10399039
BOP Films Ltd
Filleted Financial Statements
31 December 2024
BOP Films Ltd
Statement of Financial Position
31 December 2024
2024
2023
Note
£
£
Current assets
Debtors
5
266,800
10
Cash at bank and in hand
245,517
87,933
---------
--------
512,317
87,943
Creditors: amounts falling due within one year
6
512,316
87,933
---------
--------
Net current assets
1
10
----
----
Total assets less current liabilities
1
10
----
----
Net assets
1
10
----
----
Capital and reserves
Called up share capital
1
10
----
----
Shareholders funds
1
10
----
----
These financial statements 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.
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.
These financial statements were approved by the board of directors and authorised for issue on 10 December 2025 , and are signed on behalf of the board by:
A Lowe
Director
Company registration number: 10399039
BOP Films Ltd
Notes to the Financial Statements
Year ended 31 December 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 23-25 Eastcastle Street, London, W1W 8DF, UK.
2. Statement of compliance
These financial statements 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 financial statements 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 financial statements 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 "Revenue recognition" below.
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.
Revenue recognition
Turnover relates to the exploitation of the film "The Favourite". Turnover is recognised when the company receives statements detailing the revenues received in the various territories and mediums, including theatrical, DVD and download to own (DTO), in which the film is being distributed.
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.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
4. Employees
The company has been incorporated to produce a film called "The Favourite". 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.
5. Debtors
2024
2023
£
£
Prepayments and accrued income
152,223
–
Corporation tax recoverable
114,576
–
Other debtors
1
10
---------
----
266,800
10
---------
----
6. Creditors: amounts falling due within one year
2024
2023
£
£
Amounts owed to group undertakings
26,579
–
Accruals and deferred income
485,737
87,933
---------
--------
512,316
87,933
---------
--------
7. Contingent liabilities
Charges have been made against the film in favour of the following parties to secure their interests in the copyright of and title to the film: Fox Searchlight Pictures Inc
8. Summary audit opinion
The auditor's report dated 10 December 2025 was unqualified .
The senior statutory auditor was Gurvir Cheema , for and on behalf of Moore Kingston Smith LLP .
9. Related party transactions
All transactions arose on an arm's-length basis through the normal course of business. The company has taken advantage of Section 33 of FRS 102 from disclosing transactions entered into between two or more members of a group, where any subsidiary undertaking which is a party to the transaction is wholly owned by a member of that group. No further transactions with related parties were undertaken such as are required to be disclosed under FRS 102.
10. Controlling party
In the opinion of the directors the immediate parent undertaking is Element Pictures UK Limited, a company incorporated in England and Wales. The smallest group to consolidate these financial statements is RTL Group S.A., a Company registered in Luxembourg. Copies of the RTL Group S.A. Annual Report can be obtained from the General Counsel at RTL Group S.A., 43 Boulevard Pierre Frieden, L-1543 Luxembourg. The ultimate parent undertaking and controlling party is Bertelsmann SE & Co.KGaA, a Company registered in Germany, which is the largest group to consolidate these accounts. Copies of the Bertelsmann SE & Co.KGaA accounts can be obtained from the General Counsel at Bertelsmann SE & Co.KGaA, Carl Bertelsmann Straße 270, 33311 Gütersloh, Germany.