ACCOUNTS - Final Accounts

Registered number: 15326835

GT FILMS LTD

UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 NOVEMBER 2024


GT FILMS LTD

CONTENTS

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2 - 3


GT FILMS LTD REGISTERED NUMBER:15326835

STATEMENT OF FINANCIAL POSITION

AS AT 30 NOVEMBER 2024

		2024
Note		£

Fixed assets
Investments	4		306
Current assets
Debtors: amounts falling due within one year	5	111,281
Current liabilities
Creditors: amounts falling due within one year	6	(115,661)
Net current liabilities			(4,380)

Net liabilities			(4,074)

Capital and reserves
Called up share capital	7	106
Profit and loss account		(4,180)
		(4,074)

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 9 December 2025.

P J Hooper

Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1


GT FILMS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 NOVEMBER 2024

1.	General information

GT Films Ltd is a private company, limited by shares, incorporated in England and Wales. Its registered office address is 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD and its principal place of business is Cotswold, Perrymead, Bath, BA2 5AX.

The Company was incorporated on 4 December 2023.

The principal activity of the Company is that of a holding company.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

2.3

Going concern

The Company made a loss of £4,180 for the period and at the reporting date had net liabilities of £4,074. The director, who is also the ultimate controlling party, is satisfied the Company will have sufficient funds to be able to meet its obligations as and when they fall due for at least twelve months from the date he approves the accounts. Based on his continued financial support and that of companies under common control, he has continued to prepare the financial statements on a going concern basis.

2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.5

Debtors

Short-term debtors are measured at the transaction price, less any impairment.

2.6

Creditors

Short-term creditors are measured at the transaction price.

3.	Employees
	The Company has no employees.

Page 2


GT FILMS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 NOVEMBER 2024

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost
	Additions	306
	At 30 November 2024	306

	Net book value
	At 30 November 2024	306

Debtors

					2024
					£

	Prepayments and accrued income	111,281

6.	Creditors: Amounts falling due within one year
		2024
		£

	Trade creditors	111,281
	Amounts owed to group undertakings	200
	Accruals and deferred income	4,180
		115,661

7.	Share capital
		2024
		£

		Allotted, called up and fully paid

		106 Ordinary shares of £1 each	106

On incorporation, 106 Ordinary shares of £1 were allotted and fully paid at par to provide initial capital.

Page 3