COMPANY REGISTRATION NUMBER:
13246023
|
Brouhaha Entertainment UK Ltd |
|
|
Filleted Financial Statements |
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Brouhaha Entertainment UK Ltd |
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Statement of Financial Position |
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31 March 2025
Fixed assets
Current assets
|
Stocks |
1,230,527 |
971,586 |
|
Debtors |
6 |
122,949 |
67,086 |
|
Cash at bank and in hand |
154,974 |
89,068 |
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------------ |
------------ |
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1,508,450 |
1,127,740 |
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|
|
|
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Creditors: amounts falling due within one year |
7 |
1,593,764 |
1,722,883 |
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------------ |
------------ |
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Net current liabilities |
85,314 |
595,143 |
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-------- |
--------- |
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Total assets less current liabilities |
(
85,211) |
(
595,040) |
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-------- |
--------- |
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Net liabilities |
(
85,211) |
(
595,040) |
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-------- |
--------- |
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|
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Capital and reserves
|
Called up share capital |
100 |
100 |
|
Profit and loss account |
(
85,311) |
(
595,140) |
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-------- |
--------- |
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Shareholder deficit |
(
85,211) |
(
595,040) |
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-------- |
--------- |
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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 income and retained earnings 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
9 December 2025
, and are signed on behalf of the board by:
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Ms Gabrielle Tana |
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Director |
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Company registration number:
13246023
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Brouhaha Entertainment UK Ltd |
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Notes to the Financial Statements |
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Year ended 31 March 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 99 Kenton Road, Harrow, Middlesex, HA3 0AN.
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.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. Its financial statements are consolidated into the financial statements of Brouhaha Entertainment Limited which can be obtained from Companies House. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 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. (c) No disclosure has been given for the aggregate remuneration of key management personnel.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax. 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 of the expenses recognised that it is probable they will be recovered.
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.
Stocks
Stocks is work in progress and represents development costs of potential film/television productions. The costs are recorded at the lower of cost and net realisable value and are net of Value Added Tax.
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.
Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.
Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
5
(2024:
5
).
5.
Investments
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Shares in group undertakings |
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£ |
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Cost |
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At 1 April 2024 and 31 March 2025 |
103 |
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---- |
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Impairment |
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At 1 April 2024 and 31 March 2025 |
– |
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---- |
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Carrying amount |
|
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At 31 March 2025 |
103 |
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---- |
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At 31 March 2024 |
103 |
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---- |
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6.
Debtors
|
2025 |
2024 |
|
£ |
£ |
|
Trade debtors |
16,543 |
22,023 |
|
Other debtors |
106,406 |
45,063 |
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--------- |
-------- |
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122,949 |
67,086 |
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--------- |
-------- |
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7.
Creditors:
amounts falling due within one year
|
2025 |
2024 |
|
£ |
£ |
|
Bank loans and overdrafts |
367 |
248 |
|
Trade creditors |
35,685 |
– |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
865,582 |
1,249,254 |
|
Social security and other taxes |
8,816 |
10,953 |
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Other creditors |
683,314 |
462,428 |
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------------ |
------------ |
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1,593,764 |
1,722,883 |
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------------ |
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Other creditors includes £613,312 (2024: £409,926) production advances which are only repayable on the first day of principal photography or on completion of production financing of the associated project.
8.
Summary audit opinion
The auditor's report dated
9 December 2025
was
unqualified
.
The senior statutory auditor was
Chirag Sirish Malde (FCCA)
, for and on behalf of
Malde & Co
.
9.
Related party transactions
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. One of the Company's directors also serves as a director of Magnolia Mae Films Limited and is a partner in Magnolia Mae LLC. During the period Magnolia Mae LLC lent £15,000 (2024: £23,715) to the Company to pay for production costs for various projects. The amount outstanding at the period end to both these entities was £55,002 (2024: £35,002) Of this amount £15,000 is only payable out of the income generated from the exploitation of the films.
10.
Controlling party
The company's ultimate parent company and ultimate controlling party is
Brouhaha Entertainment Limited
a company incorporated in England and Wales. The parent undertaking of the largest and smallest group, which includes the company and for which group accounts are prepared is, Brouhaha Entertainment Limited, a company incorporated in the UK.