Racket Productions Limited
Unaudited Financial Statements
For the year ended 31 December 2025
Pages for Filing with Registrar
Company Registration No. 07429326 (England and Wales)
Racket Productions Limited
Contents
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
Racket Productions Limited
Balance Sheet
As at 31 December 2025
Page 1
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
62,868
9,377
Current assets
Debtors
4
11,821
26,300
Cash at bank and in hand
63,095
78,311
74,916
104,611
Creditors: amounts falling due within one year
5
(59,371)
(58,085)
Net current assets
15,545
46,526
Total assets less current liabilities
78,413
55,903
Creditors: amounts falling due after more than one year
6
(31,333)
-
0
Net assets
47,080
55,903
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
47,078
55,901
Total equity
47,080
55,903
Racket Productions Limited
Balance Sheet (Continued)
As at 31 December 2025
Page 2

For the financial year ended 31 December 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 year 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 24 March 2026 and are signed on its behalf by:
J Ross
Director
Company Registration No. 07429326
Racket Productions Limited
Notes to the Financial Statements
For the year ended 31 December 2025
Page 3
1
Accounting policies
Company information

Racket Productions Limited is a private company limited by shares incorporated in England and Wales. The registered office is Charlotte Building, 17 Gresse Street, London, W1T 1QL.

1.1
Accounting convention

These financial statements have been prepared in accordance with Section 1A of 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.

1.2
Turnover

Turnover 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 from contracts for the provision of services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recoverable.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and machinery equipment
25% Reducing Balance basis
Fixtures and fittings
10% Straight Line basis
Motor vehicles
25% Straight Line basis

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Cash at bank and in hand

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.

1.5
Financial instruments

The company only has basic financial instruments measured at amortised cost, with no financial instruments classified as other or basic instruments measured at fair value.

Racket Productions Limited
Notes to the Financial Statements (Continued)
For the year ended 31 December 2025
1
Accounting policies
(Continued)
Page 4
1.6
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.

1.7
Taxation

The tax expense represents the sum of the tax cur rently payable.

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.

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.

1.9
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Employees

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

2025
2024
Number
Number
Total
2
2
Racket Productions Limited
Notes to the Financial Statements (Continued)
For the year ended 31 December 2025
Page 5
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2025
52,255
Additions
58,291
Disposals
(202)
At 31 December 2025
110,344
Depreciation and impairment
At 1 January 2025
42,878
Depreciation charged in the year
4,640
Eliminated in respect of disposals
(42)
At 31 December 2025
47,476
Carrying amount
At 31 December 2025
62,868
At 31 December 2024
9,377
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
11,600
24,780
Prepayments and accrued income
221
1,520
11,821
26,300
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
8,000
-
0
Trade creditors
664
787
Corporation tax
18,493
26,131
Other taxation and social security
20,085
16,431
Other creditors
12,129
14,736
59,371
58,085
Racket Productions Limited
Notes to the Financial Statements (Continued)
For the year ended 31 December 2025
Page 6
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
31,333
-
0
7
Operating lease commitments
Lessee
2025
2024
£
£
Within one year
-
0
5,889
Between two and five years
-
0
-
0
-
0
5,889
8
Related party transactions

At the year end, the company owed the directors £7,614 (2024: 10,379). This is included in other creditors.

The company incurred costs of £10,000 (202 4: £nil) from a company in which A Ross is also a director.

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