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COMPANY REGISTRATION NUMBER: 02717944

Oxford Film and Television Limited

Filleted Unaudited Accounts

30 April 2025

Oxford Film and Television Limited

Statement of Financial Position

30 April 2025

| 2025 | 2024
Note | £ | £ | £

Fixed assets

Tangible assets | 5 |  | 10,704 | 26,391
Investments | 6 |  | 1 | –
|  | -------- | --------
|  | 10,705 | 26,391

Current assets

Stocks | 7 | 1,572,303 |  | 1,427,689
Debtors | 8 | 115,131 |  | 197,865
Cash at bank and in hand | 297,858 |  | 596,860
| ------------ |  | ------------
| 1,985,292 |  | 2,222,414

Creditors: amounts falling due within one year | 9 | ( 1,853,154) |  | ( 2,175,128)
| ------------ |  | ------------
Net current assets |  | 132,138 | 47,286
|  | --------- | --------
Total assets less current liabilities |  | 142,843 | 73,677
|  | --------- | --------
Net assets |  | 142,843 | 73,677
|  | --------- | --------

Capital and reserves

Called up share capital | 10 |  | 1,440 | 1,440
Share premium account | 11 |  | 576 | 576
Capital redemption reserve | 11 |  | 144 | 144
Profit and loss account | 11 |  | 140,683 | 71,517
|  | --------- | --------
Shareholders funds |  | 142,843 | 73,677
|  | --------- | --------

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 30 April 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 .

Oxford Film and Television Limited

Statement of Financial Position (continued)

30 April 2025
These accounts were approved by the board of directors and authorised for issue on 12 March 2026 , and are signed on behalf of the board by:

N.L. Kent
Director

Company registration number: 02717944

Oxford Film and Television Limited

Notes to the Accounts

Year ended 30 April 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
In the opinion of the directors the company is a going concern as it has sufficient financial resources to be able to meet its trading obligations as they fall due, being for a period of not less than twelve months from the date of approval of these accounts. As such, the accounts are prepared on a going concern basis.
Consolidation
The company has taken advantage of the option not to prepare consolidated accounts contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Revenue recognition
The turnover shown in the profit and loss account represents amounts invoiced and receivable from the principal activity of the company and is stated net of Value Added Tax. Revenue is recognised when there is a right to consideration based on the stage of project development.
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
Transactions denominated in foreign currencies are translated at the rates ruling at the time of the transaction. Balances denominated in foreign currencies are translated at the rates ruling at the balance sheet date. All differences are taken to the profit and loss account.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
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:

| Leasehold Improvements | - | 10% straight line
| Plant and equipment | - | 25% reducing balance

Investments
Fixed asset investments, including subsidiary undertakings, are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
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. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 13 (2024: 14 ).
5. Tangible assets

| Land and buildings | Plant and equipment | Total
| £ | £ | £
Cost |  |  |
At 1 May 2024 | 28,994 | 447,559 | 476,553
Additions | – | 7,196 | 7,196
Disposals | ( 28,994) | ( 375,824) | ( 404,818)
| -------- | --------- | ---------
At 30 April 2025 | – | 78,931 | 78,931
| -------- | --------- | ---------
Depreciation |  |  |
At 1 May 2024 | 28,994 | 421,168 | 450,162
Charge for the year | – | 3,568 | 3,568
Disposals | ( 28,994) | ( 356,509) | ( 385,503)
| -------- | --------- | ---------
At 30 April 2025 | – | 68,227 | 68,227
| -------- | --------- | ---------
Carrying amount |  |  |
At 30 April 2025 | – | 10,704 | 10,704
| -------- | --------- | ---------
At 30 April 2024 | – | 26,391 | 26,391
| -------- | --------- | ---------

6. Investments

| Shares in group undertakings
| £
Cost |
At 1 May 2024 | –
Additions | 1
| ----
At 30 April 2025 | 1
| ----
Impairment |
At 1 May 2024 and 30 April 2025 | –
| ----

Carrying amount |
At 30 April 2025 | 1
| ----
At 30 April 2024 | –
| ----

In September 2024 the company acquired the entire share capital of the newly incorporated subsidiary company Oxford Films Reparations Ltd.
7. Stocks

| 2025 | 2024
| £ | £
Work in progress | 1,572,303 | 1,427,689
| ------------ | ------------

8. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 50,300 | 25,325
Other debtors | 64,831 | 172,540
| --------- | ---------
| 115,131 | 197,865
| --------- | ---------

9. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Trade creditors | 33,921 | 111,342
Social security and other taxes | 52,463 | 67,938
Other creditors | 1,766,770 | 1,995,848
| ------------ | ------------
| 1,853,154 | 2,175,128
| ------------ | ------------

Included within other creditors are production advances of £1,477,455 (2024: £1,465,505).
10. Called up share capital
Issued, called up and fully paid

| 2025 | 2024
| No. | £ | No. | £
Ordinary A shares of £ 1 each | 864 | 864 | 864 | 864
Ordinary B shares of £ 1 each | 432 | 432 | 432 | 432
Ordinary C shares of £ 1 each | 101 | 101 | 101 | 101
Ordinary D shares of £ 1 each | 43 | 43 | 43 | 43
| ------- | ------- | ------- | -------
| 1,440 | 1,440 | 1,440 | 1,440
| ------- | ------- | ------- | -------

11. Reserves
Share premium account - This reserve records the amount above the nominal value received for shares sold, less transaction costs. Capital redemption reserve - This reserve records the nominal value of shares repurchased by the company. Profit and loss account - This reserve records retained earnings and accumulated losses.
12. Operating leases
The total future minimum lease payments under non-cancellable operating leases are as follows:

| 2025 | 2024
| £ | £
Not later than 1 year | 34,918 | 37,800
Later than 1 year and not later than 5 years | 43,648 | –
| -------- | --------
| 78,566 | 37,800
| -------- | --------

13. Related party transactions
The company was under the control of the directors throughout the current and previous year. There were no related party transactions or balances that required disclosure under Financial Reporting Standard 102, Section 1A.