High Time Pictures Limited 02935663 true 2024-12-01 2025-11-30 2025-11-30 The principal activity of the company is that of a dormant company. Digita Accounts Production Advanced 6.30.9574.0 true P J K King Mr P M Thompson 02935663 2024-12-01 2025-11-30 02935663 2025-11-30 02935663 bus:OrdinaryShareClass1 2025-11-30 02935663 core:RetainedEarningsAccumulatedLosses 2025-11-30 02935663 core:ShareCapital 2025-11-30 02935663 core:CurrentFinancialInstruments 2025-11-30 02935663 core:CurrentFinancialInstruments core:WithinOneYear 2025-11-30 02935663 bus:FRS102 2024-12-01 2025-11-30 02935663 bus:AuditExempt-NoAccountantsReport 2024-12-01 2025-11-30 02935663 bus:FullAccounts 2024-12-01 2025-11-30 02935663 bus:RegisteredOffice 2024-12-01 2025-11-30 02935663 bus:Director1 2024-12-01 2025-11-30 02935663 bus:Director2 2024-12-01 2025-11-30 02935663 bus:OrdinaryShareClass1 2024-12-01 2025-11-30 02935663 bus:EntityNoLongerTradingButTradedInPast 2024-12-01 2025-11-30 02935663 bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 02935663 countries:England 2024-12-01 2025-11-30 02935663 2024-11-30 02935663 bus:OrdinaryShareClass1 2024-11-30 02935663 core:RetainedEarningsAccumulatedLosses 2024-11-30 02935663 core:ShareCapital 2024-11-30 02935663 core:CurrentFinancialInstruments 2024-11-30 02935663 core:CurrentFinancialInstruments core:WithinOneYear 2024-11-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 02935663

High Time Pictures Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 30 November 2025

High Time Pictures Limited

Profit and Loss Account for the Year Ended 30 November 2025

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

High Time Pictures Limited

(Registration number: 02935663)
Balance Sheet as at 30 November 2025

| Note | 2025 £ | 2024 £
Current assets |  |  |
Stocks | 3 | 41,919 | 41,919
Debtors | 4 | 13,975 | 13,975
|  | 55,894 | 55,894
Creditors: Amounts falling due within one year | 5 | (314,027) | (314,027)
Net liabilities |  | (258,133) | (258,133)
Capital and reserves |  |  |
Called up share capital | 6 | 1,000 | 1,000
Retained earnings |  | (259,133) | (259,133)
Shareholders' deficit |  | (258,133) | (258,133)

For the financial year ending 30 November 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 5 March 2026 and signed on its behalf by:

......................................... Mr P M Thompson Director

High Time Pictures Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
12 Fishersgate Terrace
Portslade
Brighton
East Sussex
BN411PH
England

These financial statements were authorised for issue by the Board on 5 March 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland and the Companies Act 2006'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

High Time Pictures Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

3 | Stocks

| 2025 £ | 2024 £
Other inventories | 41,919 | 41,919

4 | Debtors

Current | 2025 £ | 2024 £
Other debtors | 13,975 | 13,975
| 13,975 | 13,975

5 | Creditors

| 2025 £ | 2024 £
Due within one year |  |
Other payables | 314,027 | 314,027

6 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary share capital of £0.10 each | 10,000 | 1,000 | 10,000 | 1,000