REGISTERED NUMBER: 07491530 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

RIZE TELEVISION LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr S P Ayton

Ms N B Davies-Williams

Mr T A J Back

Mr G A Pugh

REGISTERED OFFICE:

2 Kingdom Street

London

W2 6JP

REGISTERED NUMBER:

07491530 (England and Wales)

AUDITORS:

MGR Weston Kay LLP

Statutory Auditors

55 Loudoun Road

St John's Wood

London

NW8 0DL

FIXED ASSETS

Intangible assets

4

-

-

Investments

5

1

1

1

1

CURRENT ASSETS

Debtors

6

1

1

Cash at bank

1,924

2,431

TOTAL ASSETS LESS CURRENT LIABILITIES

1,926

2,433

CAPITAL AND RESERVES

Called up share capital

7

1,000

1,000

Retained earnings

926

1,433

SHAREHOLDERS' FUNDS

1,926

2,433

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 Board of Directors and authorised for issue on 12 December 2025 and were signed on its behalf by:

Mr S P Ayton - Director

1.	STATUTORY INFORMATION

Rize Television 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 FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Turnover

Distribution revenue arises from the licensing of programme rights which have been obtained under distribution agreements with either external parties or group companies. Distribution revenue is recognised in the profit and loss account when the related programmes are available for delivery to customers and following the signature of the license agreement, and represents amounts receivable from such contracts. Royalty income is recognised in the profit and loss account when amounts are received.

All revenue excludes value added tax.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated impairment losses.

Investments in subsidiaries

Fixed asset investments are stated at cost less provision for diminution in value.

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade creditors and loans to related related parties.

Debt instruments that are payable or receivable within one year, typically trade debtors and creditors are measured, initially and subsequently, at the undiscounted amount of cash or other consideration expected to be paid or received.

Taxation

The tax expense represents the sum of the tax currently payable

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Programme

rights

£

COST

At 1 April 2024

and 31 March 2025

2,911,784

AMORTISATION

At 1 April 2024

and 31 March 2025

2,911,784

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

1

NET BOOK VALUE

At 31 March 2025

1

At 31 March 2024

1

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

1

1

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

1,000

Ordinary shares

1

1,000

1,000

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Sarah Yardley (Senior Statutory Auditor)

for and on behalf of MGR Weston Kay LLP

9.	FINANCIAL COMMITMENTS, GUARANTEES AND CONTINGENT LIABILITIES

The company has a contingent liability relating to cross guarantees in place with other group companies to secure bank finance.

10.	RELATED PARTY DISCLOSURES

The company has taken advantage of the exemption available in accordance with FRS 102 Section 33 'Related party disclosures' not to disclose transactions entered into between two or more members of a group, with companies which are wholly owned subsidiary undertakings of the group.

11.	PARENT COMPANY

The parent of the smallest group for which consolidated accounts are drawn up, of which this company is a

member, is N.B.D. Holdings Limited, a company registered in England and Wales. The immediate parent

company is N.B.D. Holdings Limited and a copy of the group financial statements may be obtained from 6th

Floor, 2 Kingdom Street, London, England, W2 6JP.