T J Sealey 0 0 1 31 December 2025 25.00 25.00 45311 0 2 2 1 January 2025 0 1 Ordinary 1 1 1 741449 104791 150164 47685 46927 237 2196 56644 6335 225 535827 698244 140712 663066 105533 611570 105533 36406 15090 35178 35178 35178 35178 5000 5000 2 2 The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.Employee benefits Cash and cash equivalents include cash in hand, deposits with financial institutions repayable without penalty on notice of not more than 24 hours, other highly liquid investments that mature in no more than three months from the date of acquisition and bank overdrafts. Bank overdrafts, where applicable, are shown within 'Creditors: amounts due within one year'.Work in progress represents production and development costs and is valued at the lower of cost and net realisable value.The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.The tax expense represents the sum of the tax currently payable and deferred tax.Revenue represents amounts receivable for services supplied during the year net of VAT. Where the company has incomplete productions at the year end, income and expenditure for these productions is recognised so that it reflects the partial performance of the company's contractual obligations. For such productions, the amount of revenue reflects the value of the work performed. Revenue due but not received is included in debtors and payments on account in excess of the relevant amount of revenue due are included in creditors. Revenue is recognised at the fair value of the consideration received or receivable for 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.The Company's functional and presentational currency is the Pound Sterling.The financial statements have been prepared under the historic cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' (FRS 102) and the Companies Act 2006.The principal activity of the Company is television programme production.10 April 2026 The Company has opted not to file the Single statement of comprehensive income in accordance with the provisions applicable to companies subject to the small companies regime.The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.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 The members have not required the Company to obtain an audit in accordance with section 476 of the Companies Act 2006.For the year ending 31 December 2025, the Company was entitled to exemption from audit under section 477 of the Companies Act 2006.4716 50023 4715 50022 1 1 4716 50023 4716 50023 4716 50023 746165 154814 47921 9103 10 April 2026 4th Floor Bischheim House London 19-20 Berners Street W1T 3NW 14876372 A Atalla 31 December 2025 Financial Statements Roughcut Television (WMRT) Limited Financials UK FRS 102 2026.3.0+76851 Roughcut Television Limited The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority. Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit. 14876372 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 14876372 bus:OrdinaryShareClass1 2025-12-31 14876372 core:RetainedEarningsAccumulatedLosses 2025-12-31 14876372 core:RetainedEarningsAccumulatedLosses 2024-12-31 14876372 bus:Director2 2025-01-01 2025-12-31 14876372 core:ShareCapital 2024-12-31 14876372 bus:Director1 2025-01-01 2025-12-31 14876372 core:ShareCapital 2025-12-31 14876372 core:CurrentFinancialInstruments 2025-12-31 14876372 5 2025-01-01 2025-12-31 14876372 bus:RegisteredOffice 2025-01-01 2025-12-31 14876372 bus:FullAccounts 2025-01-01 2025-12-31 14876372 curr:PoundSterling 2025-01-01 2025-12-31 14876372 core:Non-currentFinancialInstruments 2024-12-31 14876372 bus:OrdinaryShareClass1 2024-12-31 14876372 bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 14876372 2025-01-01 14876372 core:CurrentFinancialInstruments 2024-12-31 14876372 bus:OrdinaryShareClass1 2025-01-01 2025-12-31 14876372 core:Non-currentFinancialInstruments 2025-12-31 14876372 bus:FRS102 2025-01-01 2025-12-31 14876372 2024-12-31 14876372 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 14876372 2025-12-31 14876372 2024-01-01 2024-12-31 14876372 2025-01-01 2025-12-31 xbrli:pure xbrli:pure xbrli:shares xbrli:pure iso4217:GBP iso4217:GBP xbrli:shares iso4217:GBP

Registered number: 14876372 # Roughcut Television (WMRT) Limited ​​​​​ #### #### Unaudited #### ​​Financial Statements #### Information For Filing With The Registrar #### For the year ended 31 December 2025
Roughcut Television (WMRT) Limited
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Company information #### ​Directors A Atalla T J Sealey #### Registered number 14876372​ #### Registered office ​​4th Floor​ Bischheim House ​ 19-20 Berners Street​ London​ ​ W1T 3NW​
Roughcut Television (WMRT) Limited Directors' report For the year ended 31 December 2025 Directors' responsibilities statement​ The Directors acknowledge that they are responsible for preparing the Strategic report and​​ the financial statements in accordance with applicable law and regulations. Company law requires the Directors​ to prepare financial statements for each financial year. Under that law the Directors have​​ elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the Directors​ must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company​ and of the profit or loss of the Company​​ for that period. In preparing these financial statements, the Directors are required to:
| • | select suitable accounting policies for the Company​​'s financial statements and then apply them consistently;
| • | make judgements and accounting estimates that are reasonable and prudent;
| • | state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
| • | prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company​​ will continue in business.
The Directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company​​'s transactions and disclose with reasonable accuracy at any time the financial position of the Company​​ and enable them to ensure that the financial statements comply with the Companies Act 2006. They are​ also responsible for safeguarding the assets of the Company​ and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Small companies exemption In preparing this report, the Directors have​ taken advantage of the small companies exemption provided by section 415A of the Companies Act 2006. This report was approved by the board and signed on its behalf:
Timothy John Sealey​​​​​ | ​​
Director | ​​​
Date: 10 April 2026
Roughcut Television (WMRT) Limited Registered number: 14876372​ Balance sheet​ As at 31 December 2025
| Note | 2025 £ | 2024 £
--- | --- | --- | ---
Current assets |  |  |
Stocks | 4 | - | 5,000
Debtors: amounts falling due after more than one year | 5 | 35,178 | 35,178
Debtors: amounts falling due within one year | 5 | 663,066 | 105,533
Cash at bank and in hand |  | 47,921 | 9,103
|  | 746,165 | 154,814
Creditors: amounts falling due within one year | 6 | (741,449) | (104,791)
Net current (liabilities)/assets |  | 4,716 | 50,023
Total assets less current liabilities |  | 4,716 | 50,023
|  | 4,716 | 50,023
Net assets |  | 4,716 | 50,023
Capital and reserves |  |  |
Called up share capital | 7 | 1 | 1
Profit and loss account |  | 4,715 | 50,022
Total capital and reserves |  | 4,716 | 50,023
For the year​ ending 31 December 2025, the Company was entitled to exemption from audit under section 477 of the Companies Act 2006. The members have not required the Company to obtain an audit in accordance with section 476 of the Companies Act 2006. 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 The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the Single statement of comprehensive income in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf:
Roughcut Television (WMRT) Limited Registered number: 14876372​ Balance sheet​ As at 31 December 2025
Timothy John Sealey​​​​​ | ​​
Director | ​​​
Date: 10 April 2026 The notes on pages 6 to 11 form part of these financial statements.
Roughcut Television (WMRT) Limited Notes to the financial statements For the year ended 31 December 2025 1. General information Roughcut Television (WMRT) Limited is a private company limited by shares and is incorporated in England & Wales. The address of its registered office is 4th Floor​, Bischheim House ​, 19-20 Berners Street​, London​, W1T 3NW. The principal activity of the Company is television programme production. 2. Accounting policies The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been applied consistently to all periods presented, unless otherwise stated. a. Basis of preparation of financial statements The financial statements have been prepared under the historic cost convention unless otherwise specified within these accounting policies and in accordance with ​Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' (FRS 102) and the Companies Act 2006. The Company's functional and presentational currency is the Pound Sterling. b. Revenue Revenue is recognised at the fair value of the consideration received or receivable for 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. Revenue represents amounts receivable for services supplied during the year net of VAT. Where the company has incomplete productions at the year end, income and expenditure for these productions is recognised so that it reflects the partial performance of the company's contractual obligations. For such productions, the amount of revenue reflects the value of the work performed. Revenue due but not received is included in debtors and payments on account in excess of the relevant amount of revenue due are included in creditors.
Roughcut Television (WMRT) Limited Notes to the financial statements For the year ended 31 December 2025 2. Accounting policies continued c. Taxation The tax expense represents the sum of the tax currently payable and deferred tax. Current Tax The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date. Deferred tax Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit. The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority. d. Work in progress Work in progress represents production and development costs and is valued at the lower of cost and net realisable value. e. Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits with financial institutions repayable without penalty on notice of not more than 24 hours, other highly liquid investments that mature in no more than three months from the date of acquisition and bank overdrafts. Bank overdrafts, where applicable, are shown within 'Creditors: amounts due within one year'.
Roughcut Television (WMRT) Limited Notes to the financial statements For the year ended 31 December 2025 2. Accounting policies continued f. Employee benefits The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. g. 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.
Roughcut Television (WMRT) Limited Notes to the financial statements For the year ended 31 December 2025 2. Accounting policies continued g. Financial instruments continued 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 payments 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. Amounts 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. 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. 3. Employees Staff costs, including Directors' remuneration, were as follows: The average monthly number of employees, including the Director, during the year was as follows:
| 2025 | 2024
--- | --- | ---
Total | 2 | 2
Roughcut Television (WMRT) Limited Notes to the financial statements For the year ended 31 December 2025 4. Work in progress
| 2025 £ | 2024 £
--- | --- | ---
Work in progress | - | 5,000
5. Debtors
| 2025 £ | 2024 £
--- | --- | ---
Due after more than one year |  |
Deferred taxation | 35,178 | 35,178
| 2025 £ | 2024 £
--- | --- | ---
Due within one year |  |
Debtors | 15,090 | -
Other debtors | 36,406 | -
Corporation tax receivable | 611,570 | 105,533
| 663,066 | 105,533
| 2025 £ | 2024 £
--- | --- | ---
Total debtors | 698,244 | 140,712
Roughcut Television (WMRT) Limited Notes to the financial statements For the year ended 31 December 2025 6. Creditors
| 2025 £ | 2024 £
--- | --- | ---
Bank loans | 535,827 | -
Trade creditors | 6,335 | 225
Amounts owed to group undertakings | 2,196 | 56,644
Other taxation and social security | 46,927 | 237
Accruals and deferred income | 150,164 | 47,685
| 741,449 | 104,791
There is a fixed and floating charge over the company's assets held by Coutts & Company. 7. Share capital
|  | 2025 Par Value £ | 2025 Number | 2025 £ | 2024 Number | 2024 £
--- | --- | --- | --- | --- | --- | ---
1 Ordinary | share of | 1 | 1 | 1 | 1 | 1
Ordinary shares carry full rights regarding voting, payment of dividends and distributions. 8. Related party transactions The company has taken advantage of the FRS102 1A exemption from disclosing transactions between a wholly owned subsidiary and the parent company. 9. Parent undertaking The immediate and ultimate parent company is Roughcut Television Limited, a company incorporated in England and Wales.