Incredibly Human London Ltd
Unaudited Financial Statements
For the period ended 31 May 2025
Pages for Filing with Registrar
Company Registration No. 15744070 (England and Wales)
Incredibly Human London Ltd
Contents
Page
Balance sheet
1
Notes to the financial statements
2 - 5
Incredibly Human London Ltd
Balance Sheet
As at 31 May 2025
Page 1
2025
Notes
£
£
Current assets
Cash at bank and in hand
17,452
Creditors: amounts falling due within one year
3
(647,970)
Net current liabilities
(630,518)
Capital and reserves
Called up share capital
4
4
Profit and loss reserves
(630,522)
Total equity
(630,518)

For the financial period ended 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 16 January 2026 and are signed on its behalf by:
A Granat
Director
Company Registration No. 15744070
Incredibly Human London Ltd
Notes to the Financial Statements
For the period ended 31 May 2025
Page 2
1
Accounting policies
Company information

Incredibly Human London Ltd is a private company limited by shares incorporated in England and Wales. The registered office is: 17 Brent Mill Business Park, South Brent, England, TQ10 9YT.

1.1
Reporting period

The accounting year-end of the company and the financial statements have been prepared for the period 26 May 2024 to 31 May 2025 on the basis that this is the first period since the company's incorporation on 26 May 2024.

1.2
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.3
Going concern

Included within creditors is a total of £true 636,832 representing loans payable to the company's shareholder s and entities connected to them. The shareholders have indicated that they will not require repayment of these loans unless the company has sufficient funds to do so without impacting on its ability to pay its other liabilities as they fall due. No further performances of the company's production of "Asi Wind - Incredibly Human UK Tour" are planned and the directors currently expect to wind up the company when all remaining production activity is complete. On that basis the directors consider it appropriate to prepare the accounts on a basis other than that of a going concern. There are no differences to the numbers as they would be presented were the accounts to be prepared on a going concern basis.

1.4
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.

Revenue comprises of admissions to the production "Asi Wind - Incredibly Human UK Tour" in the UK and related merchandise sales.

Admissions

Revenue relating to ticket sales is recognised at the end of the week in which the show is staged. Revenue is reported on all admissions and is exclusive of VAT. Revenue from ad missions is reported as the amount received by the producer after the theatre have deducted relevant commissions and banking charges.

Merchandise sales

Revenue relating to merchandise sales is recognised when the sale takes place. Merchandise revenues represent the producer's share of merchandise sales, exclusive of VAT.

Incredibly Human London Ltd
Notes to the Financial Statements (Continued)
For the period ended 31 May 2025
1
Accounting policies
(Continued)
Page 3

The nature, timing of satisfaction of performance obligations and significant payment terms of the company's major sources of revenue are as follows:

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Incredibly Human London Ltd
Notes to the Financial Statements (Continued)
For the period ended 31 May 2025
1
Accounting policies
(Continued)
Page 4
1.8
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits

2
Employees

The average monthly number of persons (including directors) employed by the company during the period was:

2025
Number
Total
1
3
Creditors: amounts falling due within one year
2025
£
Trade creditors
69
Taxation and social security
3,401
Other creditors
644,500
647,970
4
Called up share capital
2025
2025
Ordinary share capital
Number
£
Issued and fully paid
Ordinary shares of £1 each
4
4
Incredibly Human London Ltd
Notes to the Financial Statements (Continued)
For the period ended 31 May 2025
Page 5
5
Related party transactions

During the period, £691 of purchases were made from Janis Joplin London Limited which is a related party by virtue of common directorship. There was no balance outstanding at year-end.

Media Productions & Solutions International (related party by virtue of common directorship) was paid general management & expenses totaling £50,380, with nil balance outstanding at year end.

Julian Stoneman (director, resigned during the year) was paid £9,000 in management fees during the year.

Included within Other Creditors is a total of £636,832 representing loans payable to the company's shareholders and entities connected to them.

6
Controlling Party

There is no ultimate controlling party.

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