REGISTERED NUMBER: 05796189 (England and Wales)

Unruled Ltd

Audited Financial Statements

for the Year Ended 31 December 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

A C Mckay

D P Hindle

J R Dixon

Secretaries:

D P Hindle

B Doherty

Registered office:

3rd Floor

86 - 90 Paul Street

London

EC2A 4NE

Registered number:

05796189 (England and Wales)

Auditors:

Cooper Parry Group Limited

Statutory Auditor

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Fixed assets

Intangible assets

4

7,433

12,000

Tangible assets

5

74,769

60,710

82,202

72,710

Current assets

Debtors

6

2,448,966

1,867,304

Cash at bank and in hand

589,081

1,620,130

3,038,047

3,487,434

Creditors

Amounts falling due within one year

7

493,694

1,009,512

Net current assets

2,544,353

2,477,922

Total assets less current liabilities

2,626,555

2,550,632

Creditors

Amounts falling due after more than one year

8

8,333

18,334

Net assets

2,618,222

2,532,298

Capital and reserves

Called up share capital

9

3

3

Share premium

10

333,998

333,998

Retained earnings

10

2,284,221

2,198,297

Shareholders' funds

2,618,222

2,532,298

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 22 December 2025 and were signed on its behalf by:

A C Mckay - Director

1.	Statutory information

Unruled 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.

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.

Going concern

The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment.

Significant judgements and estimates

The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period. The following are considered to be the significant estimates.

Recoverability of intercompany balances

The company has balances due from group companies and related companies connected by common ownership. Management are of the opinion that these balances are fully recoverable and therefore no provision has been made against these balances.

Turnover

Turnover comprises revenue recognised by the company in respect of marketing and promotion services together with production of television programmes, management sponsorship and management recharges of costs relating to group and related company's in the year, exclusive of Value Added Tax and trade discounts.

Intangible fixed assets and amortisation

Trademarks acquired are initially recognised at cost and are subsequently carried at cost less accumulated amortisation and accumulated impairment losses.

Amortisation is provided at the following rates:

Trademarks

-

25% on cost

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

-

25% on reducing balance

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Financial instruments policy

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts which are an integral part of the company's cash management.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

3.	Employees and directors

The average number of employees during the year was 14 (2023 - 12 ) .

4.	Intangible fixed assets

Trademarks

£

Cost

At 1 January 2024

and 31 December 2024

145,876

Amortisation

At 1 January 2024

133,876

Amortisation for year

4,567

At 31 December 2024

138,443

Net book value

At 31 December 2024

7,433

At 31 December 2023

12,000

5.	Tangible fixed assets

Plant and

machinery

£

Cost

At 1 January 2024

411,457

Additions

41,579

At 31 December 2024

453,036

Depreciation

At 1 January 2024

350,747

Charge for year

27,520

At 31 December 2024

378,267

Net book value

At 31 December 2024

74,769

At 31 December 2023

60,710

6.

Debtors: amounts falling due within one year

2024

2023

£

£

Trade debtors

7,015

44,348

Amounts owed by group undertakings

674,359

564,763

Other debtors

1,767,592

1,258,193

2,448,966

1,867,304

7.

Creditors: amounts falling due within one year

2024

2023

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

33,558

13,739

Amounts owed to group undertakings

66,948

345,117

Taxation and social security

294,258

616,221

Other creditors

88,930

24,435

493,694

1,009,512

8.

Creditors: amounts falling due after more than one year

2024

2023

£

£

Bank loans

8,333

18,334

9.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

3

Ordinary

£1

3

3

10.

Reserves

Retained

Share

earnings

premium

Totals

£

£

£

At 1 January 2024

2,198,297

333,998

2,532,295

Profit for the year

85,924

-

85,924

At 31 December 2024

2,284,221

333,998

2,618,219

11.	Disclosure under Section 444(5B) of the Companies Act 2006

The Auditors' Report was unqualified.

James Maxwell (Senior Statutory Auditor)

for and on behalf of Cooper Parry Group Limited

12.	Related party disclosures

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.