REGISTERED NUMBER: 07307706 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

RED UNION FILMS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D A Hughes

SECRETARY:

D A Hughes

REGISTERED OFFICE:

50A Park Road West

Prenton

CH43 8SE

REGISTERED NUMBER:

07307706 (England and Wales)

ACCOUNTANTS:

Malthouse & Company Chartered Accountants

America House, Rumford Court

Rumford Place

Liverpool

Merseyside

L3 9DD

FIXED ASSETS

Tangible assets

4

230

306

CURRENT ASSETS

Debtors

5

16,471

16,590

Cash at bank

2

14

16,473

16,604

CREDITORS

Amounts falling due within one year

6

166,363

156,468

NET CURRENT LIABILITIES

(149,890

)

(139,864

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(149,660

)

(139,558

)

CREDITORS

Amounts falling due after more than one year

7

(39,250

)

(39,250

)

PROVISIONS FOR LIABILITIES

(92

)

(138

)

NET LIABILITIES

(189,002

)

(178,946

)

CAPITAL AND RESERVES

Called up share capital

8

3,600

3,600

Retained earnings

(192,602

)

(182,546

)

SHAREHOLDERS' FUNDS

(189,002

)

(178,946

)

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 director acknowledges his 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 director and authorised for issue on 9 December 2025 and were signed by:

D A Hughes - Director

1.	STATUTORY INFORMATION

Red Union Films 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.

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.

Tangible fixed assets

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

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern

The directors have undertaken a rigorous assessment of whether the company was a going concern when the accounts were prepared, considering all available information about the future, covering a period of 12 months from the date of approval of the accounts.

The directors are not aware of any material uncertainty arising from their assessment that would cast doubt on the company's ability to continue as a going concern. Funds to meet the cashflow requirements are in place and the directors do not anticipate any material overspend. The directors are therefore satisfied that the going concern assumption remains appropriate.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

1,758

DEPRECIATION

At 1 April 2024

1,452

Charge for year

76

At 31 March 2025

1,528

NET BOOK VALUE

At 31 March 2025

230

At 31 March 2024

306

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

16,471

16,590

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

166,363

156,468

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors - 1-2 years

39,250

39,250

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

36

Ordinary

100

3,600

3,600

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year the company operated a loan account with the Director D Moores. At the balance sheet date, the amount due to D Moores was £146,873 (2023: £137,720).

During the year the company operated a loan account with the Director D A Hughes. At the balance sheet date, the amount due to D A Hughes was £727 (2023: £727).

All amounts are included in Other Creditors.

These loans are repayable on demand and no interest was charged during the year.

10.	RELATED PARTY DISCLOSURES

During the year the company operated a loan account with the director related entity Red Union Films Development A Ltd. At the balance sheet date, the company was owed £15,486 (2023: £14,237) from Red Union Films Development A Ltd. This amount is included within Other Debtors.

During the year the company operated a loan account with the director related entity Red Union Film Four Limited. At the balance sheet date, the company was owed £150 (2023: £150) from Red Union Film Four Limited. This amount is included within Other Debtors.

During the year the company operated a loan account with the director related entity Red Union Film Five Limited. At the balance sheet date, the company was owed £250 (2023 £50) from Red Union Film Five Limited. This amount is included within Other Debtors.

These amounts are provided unsecured, interest free and repayable on demand.

During the year the company operated a loan account with the director related entity Red Union Film Two Limited. At the balance sheet date, the company was owed £181 (2023: £181) to Red Union Film Two Limited. This amount is included within Other Debtors.

During the year the company operated a loan account with the director related entity Red Union Film Three Limited. At the balance sheet date, the company owed £7,118 (2023: £7,118) to Red Union Film Three Limited. This amount is included within Other Creditors.

These amounts are provided unsecured, interest free and repayable on demand.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is not known.

The company is under the control of the Directors, D A Hughes and D Moores, by virtue of their equal shareholdings comprising 67% of the voting share capital of the company.