Papa Entertainment Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 07631345

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		290,000		290,000
Investments	6		2,560,083		2,560,083

			2,850,083		2,850,083
CURRENT ASSETS
Debtors	7	6,827,349		6,866,029
Cash at bank and in hand		941		707

		6,828,290		6,866,736
Creditors: Amounts Falling Due Within One Year	8	(4,823 )		(5,219 )

NET CURRENT ASSETS (LIABILITIES)			6,823,467		6,861,517

TOTAL ASSETS LESS CURRENT LIABILITIES			9,673,550		9,711,600

Creditors: Amounts Falling Due After More Than One Year	9		(271,382 )		(271,382 )

NET ASSETS			9,402,168		9,440,218

CAPITAL AND RESERVES
Called up share capital	10		8,680,563		8,680,563
Share premium account			2,203,412		2,203,412
Profit and Loss Account			(1,481,807 )		(1,443,757 )

SHAREHOLDERS' FUNDS			9,402,168		9,440,218

Page 1

Page 2

Papa Entertainment Limited

Balance Sheet (continued)

As At 31 March 2025

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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Norman Lott

Director

20 December 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Papa Entertainment Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07631345 . The registered office is Office 015, 30 Great Guildford Street, Borough, London, SE1 0HS.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

25% Straight line

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2024: 4)

4. Intangible Assets

	Other
	£
Cost
As at 1 April 2024	290,000

As at 31 March 2025	290,000

Net Book Value
As at 31 March 2025	290,000

As at 1 April 2024	290,000

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Papa Entertainment Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 April 2024	1,481

As at 31 March 2025	1,481

Depreciation
As at 1 April 2024	1,481

As at 31 March 2025	1,481

Net Book Value
As at 31 March 2025	-

As at 1 April 2024	-

6. Investments

	Unlisted
	£
Cost or Valuation
As at 1 April 2024	2,560,083

As at 31 March 2025	2,560,083

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	2,560,083

As at 1 April 2024	2,560,083

7. Debtors

	2025	2024
	£	£
Due within one year
VAT	150	150
Rock Vault Tours Inc	1,381,310	1,419,990
Rock Vault Inc	8,256	8,256
Mission Publishing Ltd	415,400	415,400
Mission Recordings Ltd	5,022,233	5,022,233

	6,827,349	6,866,029

Page 4

Page 5

Papa Entertainment Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other taxes and social security	2,047	2,452
Net wages	1,374	1,365
Accruals and deferred income	750	750
Directors' loan accounts	652	652

	4,823	5,219

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Other long term loans b/fwd	271,382	271,382

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	8,680,563	8,680,563