Rainmaker Content Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 12550855

Rainmaker Content Limited

Filleted Unaudited Accounts

31 March 2025

Rainmaker Content Limited

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Fixed assets

Intangible assets	5	249,032	213,475
Tangible assets	6	633	1,562
Investments	7	107,500	107,500
		---------	---------
		357,165	322,537

Current assets

Debtors	8	653,275	533,576
Cash at bank and in hand		326,788	792,953
		---------	------------
		980,063	1,326,529

Creditors: amounts falling due within one year	9	( 822,911)	( 1,187,157)
		---------	------------
Net current assets		157,152	139,372
		---------	---------
Total assets less current liabilities		514,317	461,909

Creditors: amounts falling due after more than one year	10	( 322,079)	( 318,109)
		---------	---------
Net assets		192,238	143,800
		---------	---------

Capital and reserves

Called up share capital	182	182
Share premium account	624,978	624,978
Other reserves	43,000	43,000
Profit and loss account	( 475,922)	( 524,360)
	---------	---------
Shareholders funds	192,238	143,800
	---------	---------

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 income and retained earnings 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 .

Rainmaker Content Limited

Statement of Financial Position (continued)

31 March 2025

These accounts were approved by the board of directors and authorised for issue on 23 December 2025 , and are signed on behalf of the board by:

GJ Begg

Director

Company registration number: 12550855

Rainmaker Content 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 10 Orange Street, Haymarket, London, WC2H 7DQ.

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.

Going concern

While the company has negative retained profits at the end of the period, the company has support of long term loan financing to ensure that the company continues to be able to meet obligations as they fall due. For this reason, directors have prepared the accounts on the going concern basis.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The only area of notable judgement and potential estimation uncertainty is deemed to be the depreciation of tangible fixed assets. Depreciation policies are considered to be of industry-standard and based on the estimated useful economic lives of such assets held.

Revenue recognition

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The company earns income through participating in the distribution of entertainment content across several territories. The company's turnover includes revenue earned from its distribution of entertainment content in both the UK and worldwide and is calculated on an accruals basis when the rights and obligations have been met.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Goodwill

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

Domain name	-	33% straight line
Development costs	-	In line with anticipated revenues
Television investments	-	In line with anticipated revenues
Other intangibles	-	Straight line over 5 years

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Research and development

Research expenditure is written off in the period in which it is incurred. Development expenditure incurred is capitalised as an intangible asset only when all of the following criteria are met: - It is technically feasible to complete the intangible asset so that it will be available for use or sale; - There is the intention to complete the intangible asset and use or sell it; - There is the ability to use or sell the intangible asset; - The use or sale of the intangible asset will generate probable future economic benefits; - There are adequate technical, financial and other resources available to complete the development and to use or sell the intangible asset; and - The expenditure attributable to the intangible asset during its development can be measured reliably. Expenditure that does not meet the above criteria is expensed as incurred.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Computer equipment	-	33% straight line

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 5 (2024: 6 ).

5. Intangible assets

	Domain name	Development costs	Television investments	Other intangibles	Total
	£	£	£	£	£
Cost
At 1 April 2024	486	50,360	240,000	42,500	333,346
Additions	–	–	53,000	–	53,000
	----	--------	---------	--------	---------
At 31 March 2025	486	50,360	293,000	42,500	386,346
	----	--------	---------	--------	---------
Amortisation
At 1 April 2024	486	33,000	77,177	9,208	119,871
Charge for the year	–	–	8,943	8,500	17,443
	----	--------	---------	--------	---------
At 31 March 2025	486	33,000	86,120	17,708	137,314
	----	--------	---------	--------	---------
Carrying amount
At 31 March 2025	–	17,360	206,880	24,792	249,032
	----	--------	---------	--------	---------
At 31 March 2024	–	17,360	162,823	33,292	213,475
	----	--------	---------	--------	---------

6. Tangible assets

	Computer equipment
	£
Cost
At 1 April 2024 and 31 March 2025	6,363
	-------
Depreciation
At 1 April 2024	4,801
Charge for the year	929
	-------
At 31 March 2025	5,730
	-------
Carrying amount
At 31 March 2025	633
	-------
At 31 March 2024	1,562
	-------

7. Investments

	Other investments other than loans
	£
Cost
At 1 April 2024 and 31 March 2025	107,500
	---------
Impairment
At 1 April 2024 and 31 March 2025	–
	---------

Carrying amount
At 31 March 2025	107,500
	---------
At 31 March 2024	107,500
	---------

8. Debtors

	2025	2024
	£	£
Trade debtors	89,251	175,973
Other debtors	564,024	357,603
	---------	---------
	653,275	533,576
	---------	---------

9. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	8,586	149,030
Social security and other taxes	20,174	11,054
Other creditors	794,151	1,027,073
	---------	------------
	822,911	1,187,157
	---------	------------

10. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	322,079	318,109
	---------	---------