HPL Colt Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 14707105

HPL Colt Limited

Filleted Unaudited Accounts

31 March 2025

HPL Colt Limited

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Current assets

Stocks		77,879	72,470
Debtors	5	261	11
Cash at bank and in hand		945	4,644
		--------	--------
		79,085	77,125

Creditors: amounts falling due within one year	6	( 79,083)	( 77,123)
		--------	--------
Net current assets		2	2
		----	----
Total assets less current liabilities		2	2
		----	----
Net assets		2	2
		----	----

Capital and reserves

Called up share capital	7	2	2
		----	----
Shareholders funds		2	2
		----	----

These accounts 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 members have not required the company to obtain an audit of its accounts 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 accounts .

These accounts were approved by the board of directors and authorised for issue on 16 December 2025 , and are signed on behalf of the board by:

E O Talfan Davies

Director

Company registration number: 14707105

HPL Colt Limited

Notes to the Accounts

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 3 Mount Stuart Square, Cardiff, CF10 5EE, Wales.

2. Statement of compliance

These accounts 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 accounts have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The accounts are prepared in sterling, which is the functional currency of the entity.

Significant estimation technique adopted

Accruals are estimated by reference to purchase orders raised at the period end and estimates to complete. Payments received on account are estimated by reference to percentage of completion of the television production.

Comparatives

The accounts cover the period from 1 April 2024 to 31 March 2025. The comparatives cover the period from incorporation on 6 March 2023 to 31 March 2024, hence the figures are not entirely comparable.

Stocks

Stock relates to pre-production costs in relation to a potential upcoming production.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

4. Employees

The company has been incorporated to produce a project that has not yet been secured. In common with the film and television industry the majority of crew are hired on short term contracts for the duration of principal photography or are self-employed.

None of the Directors received any form of remuneration.

5. Debtors

	2025	2024
	£	£
VAT recoverable	259	9
Other debtors	2	2
	----	----
	261	11
	----	----

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	–	16,090
Accruals and deferred income	54,006	54,006
Director loan accounts	25,077	7,027
	--------	--------
	79,083	77,123
	--------	--------

7. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	2	2	2	2
	----	----	----	----

8. Related party transactions

During the year the following related-party transactions took place. All transactions arose on an arm's-length basis through the normal course of business. No transactions with related parties were undertaken such as are required to be disclosed under FRS 102.

9. Controlling party

The company was under the control of One More One Productions Limited and Severn Screen Limited during the year.