COMPANY REGISTRATION NUMBER:
9459683
|
Final Portrait Commissioning Limited |
|
|
Filleted Unaudited Financial Statements |
|
|
Final Portrait Commissioning Limited |
|
|
Statement of Financial Position |
|
31 March 2025
Current assets
|
Creditors: amounts falling due within one year |
5 |
1 |
|
1 |
|
---- |
|
---- |
|
Net current assets |
|
147 |
147 |
|
|
---- |
---- |
|
Total assets less current liabilities |
|
147 |
147 |
|
|
---- |
---- |
|
|
|
|
|
Capital and reserves
|
Called up share capital |
|
2 |
2 |
|
Profit and loss account |
|
145 |
145 |
|
|
---- |
---- |
|
Shareholder funds |
|
147 |
147 |
|
|
---- |
---- |
|
|
|
|
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 comprehensive income has not been delivered.
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The member has 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 Act 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
10 December 2025
, and are signed on behalf of the board by:
Company registration number:
9459683
|
Final Portrait Commissioning Limited |
|
|
Notes to the Financial Statements |
|
Year ended 31 March 2025
1.
General information
The company is a private company limited by shares, incorporated in England and Wales. The address of the registered office is 99 Kenton Road, Kenton, Harrow, Middlesex, HA3 0AN and its principal place of business is at 72 Wells Street, London, W1T 3QF. The company's registered number is
9459683
.
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.
The financial statements are prepared in UK sterling, which is the functional and presentation currency of the company.
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 Value Added Tax.
Foreign currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.
4.
Debtors
|
2025 |
2024 |
|
£ |
£ |
|
Trade debtors |
148 |
148 |
|
---- |
---- |
|
|
|
5.
Creditors:
amounts falling due within one year
|
2025 |
2024 |
|
£ |
£ |
|
Other creditors - Resistance Pictures Ltd |
1 |
1 |
|
---- |
---- |
|
|
|
The amounts owed to group undertakings are unsecured, interest free and repayable on demand.
6.
Related party transactions
The company has taken advantage of the exemption conferred by FRS 102 from disclosing details of transactions with other wholly owned group companies.
7.
Controlling party
The company is a wholly owned subsidiary of
Riverstone Pictures Limited
, a company incorporated in Great Britain. There is not considered to be a single ultimate controlling party
.