REGISTERED NUMBER: 09465407 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

ZL PRODUCTIONS LIMITED

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

Director:

Mr O Jelesko

Secretary:

Vistra Cosec Limited

Registered office:

Suite 1,

7th Floor 50 Broadway,

London

SW1H 0BL

Registered number:

09465407 (England and Wales)

Accountants:

Vistra Trust Company Limited

First Floor, Templeback

10 Temple back

Bristol

BS1 6FL

FIXED ASSETS

Tangible assets

4

-

-

Investment property

5

-

1,010,000

-

1,010,000

CURRENT ASSETS

Debtors

6

-

8,330

Cash at bank and in hand

10

146,091

10

154,421

CREDITORS

Amounts falling due within one year

7

(807,265

)

(1,926,942

)

NET CURRENT LIABILITIES

(807,255

)

(1,772,521

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(807,255

)

(762,521

)

CAPITAL AND RESERVES

Called up share capital

10

10

Other reserves

9

51,104

51,104

Retained earnings

9

(858,369

)

(813,635

)

SHAREHOLDERS' FUNDS

(807,255

)

(762,521

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 O Jelesko - Director

1.	STATUTORY INFORMATION

ZL 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 company’s functional and presentational currency is pounds sterling (GBP) and the financial statements have been rounded to the nearest pound (£).

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 as modified by the revaluation of certain assets.

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured.

- Consultancy fee is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business.

- Rental income is recognised on a straight line basis over the term of the lease.

Tangible fixed assets

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

Plant and machinery etc

-

Straight line over 5 years

Tangible assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses.

Investment property

Investment properties are initially recognised at cost and subsequently measured at fair value at each reporting date. Any gain or loss arising from a change in fair value is recognised in profit or loss.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into.

Basic financial liabilities

Basic financial liabilities, including creditors, and loans from fellow group companies are initially recognised at transaction price.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are initially recognised at transaction price.

Interest-bearing borrowings

Interest-bearing borrowings are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, interest-bearing borrowings are stated at amortised cost using the effective interest method, less any impairment losses.

Finance costs

Finance costs are charged to the Income Statement over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Going concern

The director does not consider it appropriate that the financial statements are prepared on a going concern basis, as it is expected that the company will be dissolved soon.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Furniture

and

fittings

£

Cost

At 1 January 2024

11,401

Disposals

(11,401

)

At 31 December 2024

-

Depreciation

At 1 January 2024

11,401

Eliminated on disposal

(11,401

)

At 31 December 2024

-

Net book value

At 31 December 2024

-

At 31 December 2023

-

5.	INVESTMENT PROPERTY

Total

£

Fair value

At 1 January 2024

1,010,000

Disposals

(1,010,000

)

At 31 December 2024

-

Net book value

At 31 December 2024

-

At 31 December 2023

1,010,000

The investment property was sold in April 2024.

Fair value at 31 December 2024 is represented by:

£

Valuation in 2020

(334,100

)

Valuation in 2023

(283,886

)

(617,986

)

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

£

Other debtors

-

8,330

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

£

Bank loans and overdrafts

-

852,000

Trade creditors

594

3,650

Other creditors

806,671

1,071,292

807,265

1,926,942

8.	SECURED DEBTS

The following secured debts are included within creditors:

31/12/24

31/12/23

£

£

Bank loans

-

852,000

The bank loan secured by a fixed charge over the company's property was fully repaid during the year.

9.

RESERVES

Retained

Other

earnings

reserves

Totals

£

£

£

At 1 January 2024

(813,635

)

51,104

(762,531

)

Deficit for the year

(44,734

)

(44,734

)

At 31 December 2024

(858,369

)

51,104

(807,265

)

Other reserves reflect the the difference between the face value of the interest-free loan provided by the company and the present value of the future payments, discounted at the market interest rate at the time the loan was issued.