REGISTERED NUMBER: 08042312 (England and Wales)

ACCLAIM PRODUCTIONS LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

4

DIRECTOR:

Mr A P Lucas

REGISTERED OFFICE:

31 St John's

Worcester

Worcestershire

WR2 5AG

BUSINESS ADDRESS:

2 Field Terrace

Worcester

WR5 3BN

REGISTERED NUMBER:

08042312 (England and Wales)

ACCOUNTANTS:

Gardiner Fosh

Chartered Accountants

31 St John's

Worcester

Worcestershire

WR2 5AG

BANKERS:

Starling Bank Limited

5th Floor

London Fruit and Wool Exchange

1 Duval Square

London

E1 6PW

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

4,708

2,530

4,708

2,530

CURRENT ASSETS

Debtors

6

2,279

-

Cash at bank

15,265

14,025

17,544

14,025

CREDITORS

Amounts falling due within one year

7

14,078

13,020

NET CURRENT ASSETS

3,466

1,005

TOTAL ASSETS LESS CURRENT LIABILITIES

8,174

3,535

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

8,173

3,534

SHAREHOLDERS' FUNDS

8,174

3,535

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 15 December 2025 and were signed by:

Mr A P Lucas - Director

1.	STATUTORY INFORMATION

Acclaim Productions Ltd 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 represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where a contract has been only partially completed at the balance sheet date, turnover represents the value of the service provided to date based on a proportion of the total expected consideration at completion. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Studio equipment

-

25% 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.

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 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

10,000

AMORTISATION

At 1 April 2024

and 31 March 2025

10,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Studio

Computer

equipment

equipment

Totals

£

£

£

COST

At 1 April 2024

13,723

7,481

21,204

Additions

1,943

3,577

5,520

Disposals

-

(3,629

)

(3,629

)

At 31 March 2025

15,666

7,429

23,095

DEPRECIATION

At 1 April 2024

12,331

6,343

18,674

Charge for year

1,580

1,762

3,342

Eliminated on disposal

-

(3,629

)

(3,629

)

At 31 March 2025

13,911

4,476

18,387

NET BOOK VALUE

At 31 March 2025

1,755

2,953

4,708

At 31 March 2024

1,392

1,138

2,530

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,173

-

Other debtors

106

-

2,279

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

559

-

Other creditors

13,519

13,020

14,078

13,020

8.	RELATED PARTY DISCLOSURES

Included within other creditors is an amount due to the director, A. P. Lucas, of £11,664 (2024 - £11,507) which is repayable on demand and and on which interest is payable at 10% per annum.