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Registration number: 02692001

King Rollo Films Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 June 2025

King Rollo Films Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 8

King Rollo Films Limited

Company Information

Director | Mr L Beltoft Nielsen

Company secretary | Mrs J M Beltoft Nielsen

Registered office | 28 Alexandra Terrace Exmouth Devon EX8 1BD

Accountants | Thompson Jenner LLP Chartered Accountants 28 Alexandra Terrace Exmouth Devon EX8 1BD

King Rollo Films Limited

(Registration number: 02692001)
Balance Sheet as at 30 June 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 5 | 2,500 | 5,000
Tangible assets | 6 | 53 | 70
|  | 2,553 | 5,070
Current assets |  |  |
Debtors | 7 | 1,085 | 129
Cash at bank and in hand |  | 411 | -
|  | 1,496 | 129
Creditors: Amounts falling due within one year | 8 | (265,688) | (251,189)
Net current liabilities |  | (264,192) | (251,060)
Total assets less current liabilities |  | (261,639) | (245,990)
Creditors: Amounts falling due after more than one year | 8 | - | (3,117)
Net liabilities |  | (261,639) | (249,107)
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | (261,739) | (249,207)
Shareholders' deficit |  | (261,639) | (249,107)

For the financial year ending 30 June 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 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 director acknowledges his 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 special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 24 March 2026

King Rollo Films Limited

(Registration number: 02692001)
Balance Sheet as at 30 June 2025

......................................... Mr L Beltoft Nielsen Director

King Rollo Films Limited

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

1 | General information

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

The address of its registered office is:
28 Alexandra Terrace
Exmouth
Devon
EX8 1BD

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 have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

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.

Going concern

The director has acknowledged the negative reserves at the balance sheet date and has pledged to continue to support the company so it can meet its obligations as they arise. Therefore the financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

King Rollo Films Limited

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

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Fixtures and fittings | 25% reducing balance
Office equipment | 25% straight line

Intangible assets

Separately acquired trademarks and licences are shown at historical cost.
Trademarks, licences (including software) and customer-related intangible assets acquired in a business combination are recognised at fair value at the acquisition date.
Trademarks, licences and customer-related intangible assets have a finite useful life and are carried at cost less accumulated amortisation and any accumulated impairment losses.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Intangible asset | Over the life of the individual projects

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in 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.

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.

King Rollo Films Limited

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

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

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.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

4 | Loss before tax

Arrived at after charging/(crediting)

| 2025 £ | 2024 £
Depreciation expense | 17 | 207
Amortisation expense | 2,500 | 5,000

King Rollo Films Limited

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

5 | Intangible assets

| Trademarks, patents and licenses £ | Total £
Cost or valuation
At 1 July 2024 | 3,460,593 | 3,460,593
At 30 June 2025 | 3,460,593 | 3,460,593
Amortisation
At 1 July 2024 | 3,455,593 | 3,455,593
Amortisation charge | 2,500 | 2,500
At 30 June 2025 | 3,458,093 | 3,458,093
Carrying amount
At 30 June 2025 | 2,500 | 2,500
At 30 June 2024 | 5,000 | 5,000

6 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 July 2024 | 8,838 | 8,838
At 30 June 2025 | 8,838 | 8,838
Depreciation
At 1 July 2024 | 8,768 | 8,768
Charge for the year | 17 | 17
At 30 June 2025 | 8,785 | 8,785
Carrying amount
At 30 June 2025 | 53 | 53
At 30 June 2024 | 70 | 70

King Rollo Films Limited

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

7 | Debtors

| 2025 £ | 2024 £
Other debtors | 1,085 | 129
Total current trade and other debtors | 1,085 | 129

8 | Creditors

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 9 | 3,117 | 65,618
Trade creditors |  | 975 | 975
Other creditors |  | 256,027 | 179,707
Accrued expenses |  | 5,569 | 4,889
|  | 265,688 | 251,189

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 9 | - | 3,117

9 | Loans and borrowings

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 3,117 | 3,400
Bank overdrafts | - | 62,218
| 3,117 | 65,618

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | - | 3,117