For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

Rocket Pictures Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 3rd Floor, The Bloomsbury Building, 10 Bloomsbury Way, Holborn, WC1A 2SL.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The Directors are of the opinion that the net current liabilities position of RPL does not compromise its ability to meet its payment obligations. This assessment is based on the following considerations:true

The GBP 978k in current liabilities is only payable from proceeds received from a film, after settling other creditors and corporate maintenance costs.

RPL has made a payment of GBP 450k after the financial year-end, reducing the outstanding balance to GBP 528k.

An additional statement from the aforementioned film was received at the end of September 2025, which showed additional proceeds that will be received and will be used for partial repayment after settling other obligations

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

The company only has financial instruments which are classified as basic financial instruments.

Short-term debtors and creditors are measured at the settlement value. Any losses from impairment are recognised in profit and loss.

Bank loans are initially recorded at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method.

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

The average monthly number of persons (including directors) employed by the company during the year was:

Accruals and deferred income includes an amount of £978,802 which, under an arrangement with the creditors, is to be settled from proceeds receivable by Rocket Pictures Limited from a film.  This amount is not payable on demand.

Subsequent to the financial year end, Rocket Pictures Limited has repaid £450,000 and has received additional film proceeds, which will be applied towards further partial payment of the outstanding balance

WAB Global Limited is a connected company under ultimate common ownership. During the year, WAB Global Limited repaid £5,204 to the company. At the year end the company was owed £Nil (2024 - £5,204) by WAB Global Limited.

WAB Lion King Limited is a connected company under ultimate common ownership. During the year WAB Lion King Limited repaid £5,537 to the company. At the year end the company was owed £Nil (2024 - £5,537) by WAB Lion King Limited.

BoyGirl Productions UK Limited is a connected company under ultimate common ownership. During the year, BoyGirl Productions UK Limited repaid £1,762 to the company. At the year end the company was owed £455 (2024 - £2,217) by BoyGirl Productions UK Limited.

Rocket Stage Limited is a connected company under ultimate common ownership. During the year, the company repaid £6,391 to the company. At the year end the company owed £Nil (2024 - £6,391).

BoyGirl Distribution Limited is a connected company under ultimate common ownership. During the year, the amount of £7,248 payable to BoyGirl Distributions Limited was written off. At the year end the company owed £Nil (2024 - £7,248) to BoyGirl Distribution Limited.

William A Bong Limited is a connected company under ultimate common ownership. During the year the company repaid £4,959 to William A Bong Limited. At the year end the company owed £19,668.01 (2024 - £24,627) to William A Bong Limited.