Company No: 10678182 (England and Wales)

Contents

• Company Information
• Statement of Financial Position
• Notes to the Financial Statements

DIRECTOR

A Carnevali

REGISTERED OFFICE	Salatin House
	19 Cedar Road
	Sutton
	Surrey
	SM2 5DA
	United Kingdom

COMPANY NUMBER

10678182 (England and Wales)

ACCOUNTANT	Shaw Gibbs Limited
	Salatin House
	19 Cedar Road
	Sutton
	SM2 5DA

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	4	4,041		7,749
		4,041		7,749
Current assets
Debtors	5	17,200		14,000
Cash at bank and in hand	6	17,228		15,650
		34,428		29,650
Creditors: amounts falling due within one year	7	( 13,615)		( 12,201)
Net current assets		20,813		17,449
Total assets less current liabilities		24,854		25,198
Provision for liabilities	8	( 1,010)		( 1,937)
Net assets		23,844		23,261
Capital and reserves
Called-up share capital	9	100		100
Profit and loss account		23,744		23,161
Total shareholder's funds		23,844		23,261

For the financial 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.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Storylines Production Limited (registered number: 10678182) were approved and authorised for issue by the Director on 23 December 2025. They were signed on its behalf by:

A Carnevali Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Storylines Production Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Salatin House, 19 Cedar Road, Sutton, Surrey, SM2 5DA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis in preparing the annual financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
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.

Tangible fixed assets

Tangible fixed assets are stated at cost, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

4 - 0 years straight line

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Dividends on equity shares

	2025		2024
	£		£
Amounts recognised as distributions to equity holders in the financial year:
Interim dividend for the financial year ended 31 March 2025 of £420 (2024: £331) per ordinary share	42,000		33,100

4. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 April 2024	59,151		59,151
Disposals	( 350)		( 350)
At 31 March 2025	58,801		58,801
Accumulated depreciation
At 01 April 2024	51,402		51,402
Charge for the financial year	3,708		3,708
Disposals	( 350)		( 350)
At 31 March 2025	54,760		54,760
Net book value
At 31 March 2025	4,041		4,041
At 31 March 2024	7,749		7,749

5. Debtors

	2025		2024
	£		£
Trade debtors	17,200		14,000

6. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	17,228		15,650

7. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	102		96
Amounts owed to director	98		12
Accruals	1,834		1,333
Corporation tax	11,581		10,760
	13,615		12,201

8. Provision for liabilities

	Deferred taxation		Total
	£		£
At 01 April 2024	1,937		1,937
Credited to the Statement of Income and Retained Earnings	( 927)		( 927)
At 31 March 2025	1,010		1,010

Deferred tax

	2025		2024
	£		£
Accelerated capital allowances	1,010		1,937
Provision for deferred tax	1,010		1,937

9. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares shares of £ 1.00 each	100		100