REGISTERED NUMBER: 08930737 (England and Wales)

BRANDO PICTURES LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 MARCH 2025

Page

Company Information

1

Accountants' Report

2

Statement of Financial Position

3

Notes to the Financial Statements

4

DIRECTOR:

Mr M Brando

REGISTERED OFFICE:

167-169 Great Portland Street

5th Floor

London

W1W 5PF

REGISTERED NUMBER:

08930737 (England and Wales)

ACCOUNTANTS:

Rothmans CF Limited

Fryern House

125 Winchester Road

Chandlers Ford

Eastleigh

Hampshire

SO53 2DR

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Brando Pictures Limited for the year ended 30 March 2025 which comprise the Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Brando Pictures Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Brando Pictures Limited and state those matters that we have agreed to state to the director of Brando Pictures Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Brando Pictures Limited and its director for our work or for this report.

It is your duty to ensure that Brando Pictures Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Brando Pictures Limited. You consider that Brando Pictures Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Brando Pictures Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Rothmans CF Limited

Fryern House

125 Winchester Road

Chandlers Ford

Eastleigh

Hampshire

SO53 2DR

23 December 2025

FIXED ASSETS

Tangible assets

4

17,556

20,399

CURRENT ASSETS

Stocks

5

181,598

181,087

Debtors

6

5,873

6,279

Cash at bank

20

-

187,491

187,366

CREDITORS

Amounts falling due within one year

7

427,933

421,480

NET CURRENT LIABILITIES

(240,442

)

(234,114

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(222,886

)

(213,715

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(222,887

)

(213,716

)

SHAREHOLDERS' FUNDS

(222,886

)

(213,715

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 director and authorised for issue on 23 December 2025 and were signed by:

Mr M Brando - Director

1.	STATUTORY INFORMATION

Brando Pictures Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 08930737 and the registered office address is 167-169 Great Portland Street, 5th Floor, London, W1W 5PF.

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.

The presentation currency is £ sterling.

Going concern

The financial statements are prepared on the going concern basis. The company relies on the continued support of its director.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date, and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates.

There have been no judgements and estimates which have had the significant effect on amounts recognised in the financial statements during the year

Tangible fixed assets

All fixed assets are initially recognised at cost and subsequently carried at cost less accumulated depreciation and accumulated impairment losses.

The cost of fixed assets initially recognised includes its purchase price and any cost that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in a manner intended by management.

Depreciation is provided at rates calculated to write off the costs less residual value of each asset over its expected useful life, as follows:

Plant and equipment

- Straight line over 10 years

Computer equipment

- Straight line over 4 years

The asset's residual values and useful lives are reviewed and adjusted, if appropriate, at the end of each reporting period. The effect of any change is accounted prospectively.

Fixed assets are derecognised on disposal or when no future economic benefits are expected. On disposal, the difference between the net disposal proceeds and the carrying amount is recognised in the income statement.

Stocks

Stocks relate to work in progress, which is valued at the lower of cost and net realisable value.

Work in progress relates to film production costs for films which are in progress at the year end.

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 tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Financial instruments

The company only has financial assets and liabilities of the kind that qualify as basic financial instruments. Basic financial instruments are initially recognised as transactions value and debt instruments are subsequently measured at amortised cost.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 31 March 2024

and 30 March 2025

19,988

3,382

23,370

DEPRECIATION

At 31 March 2024

2,383

588

2,971

Charge for year

1,998

845

2,843

At 30 March 2025

4,381

1,433

5,814

NET BOOK VALUE

At 30 March 2025

15,607

1,949

17,556

At 30 March 2024

17,605

2,794

20,399

5.

STOCKS

2025

2024

£

£

Work-in-progress

181,598

181,087

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by associates

4,253

4,253

Other debtors

1,050

1,050

VAT

570

976

5,873

6,279

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Directors' current accounts

425,432

418,979

Accruals and deferred income

2,501

2,501

427,933

421,480

8.	RELATED PARTY DISCLOSURES

During the year, the company provided a loan to Brando Pictures Spain, S.L, a company controlled by the director Mr M. Brando. At the balance sheet date £5,303 (2024: £5,303) was owed to the company from Brando Pictures Spain, S.L. and is included in Debtors: Amounts falling due within one year.

The director, Mr M. Brando has advanced money to the company. At the year end the company owed Mr M. Brando £425,432 (2024: £418,979). No interest has been charged on the loan.