REGISTERED NUMBER: 09486563 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Mighty Productions Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

H J Rycroft

L M Sutcliffe

D A Mortimer

REGISTERED OFFICE:

Somerset House

The Strand

London

WC2R 1LA

REGISTERED NUMBER:

09486563 (England and Wales)

ACCOUNTANTS:

We`ll Mind Your Own Business LTD

39 Long Acre

London

WC2E 9LG

FIXED ASSETS

Tangible assets

4

1,544

2,365

CURRENT ASSETS

Debtors

5

23,710

37,035

Cash at bank and in hand

38,255

31,375

61,965

68,410

CREDITORS

Amounts falling due within one year

6

31,457

68,101

NET CURRENT ASSETS

30,508

309

TOTAL ASSETS LESS CURRENT LIABILITIES

32,052

2,674

ACCRUALS AND DEFERRED INCOME

-

2

NET ASSETS

32,052

2,672

CAPITAL AND RESERVES

Called up share capital

173

166

Share premium

7

1,965,902

1,919,908

Retained earnings

7

(1,934,023

)

(1,917,402

)

SHAREHOLDERS' FUNDS

32,052

2,672

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 December 2025 and were signed on its behalf by:

L M Sutcliffe - Director

1.	STATUTORY INFORMATION

Mighty Productions 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Distribution and music publishing revenue is recognised on a receipts basis.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings etc - 33% on cost

Computer equipment - 33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

19,935

4,786

24,721

Additions

-

993

993

At 31 March 2025

19,935

5,779

25,714

DEPRECIATION

At 1 April 2024

19,935

2,421

22,356

Charge for year

-

1,814

1,814

At 31 March 2025

19,935

4,235

24,170

NET BOOK VALUE

At 31 March 2025

-

1,544

1,544

At 31 March 2024

-

2,365

2,365

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

13,167

4,664

Other debtors

3,417

11,134

Prepayments

7,126

21,237

23,710

37,035

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

7,374

21,317

Social security and other taxes

4,191

11,289

VAT

6,958

19,176

Other creditors

342

1,359

Deferred income

-

12,000

Accrued expenses

12,592

2,960

31,457

68,101

7.

RESERVES

Retained

Share

earnings

premium

Totals

£

£

£

At 1 April 2024

(1,917,402

)

1,919,908

2,506

Deficit for the year

(16,621

)

(16,621

)

Bonus share issue

-

45,994

45,994

At 31 March 2025

(1,934,023

)

1,965,902

31,879