Company Registration No. 06976153 (England and Wales)
Sisters Grimm Limited
Unaudited accounts
for the year ended 31 December 2025
Sisters Grimm Limited
Unaudited accounts
Contents
Sisters Grimm Limited
Company Information
for the year ended 31 December 2025
Directors
Pietra-Marie De Mello-Pittman
Ella Louvaine Spira
Company Number
06976153 (England and Wales)
Registered Office
4 Luxfield Road
London
SE9 4EZ
England
Accountants
Solid Ltd
Eagle House
163 City Road
London
EC1V 1NR
Sisters Grimm Limited
Statement of financial position
as at 31 December 2025
Tangible assets
360,216
27,186
Inventories
138,204
498,596
Cash at bank and in hand
86,766
504,052
Creditors: amounts falling due within one year
(484,280)
(110,551)
Net current assets
522,168
1,122,970
Total assets less current liabilities
882,984
1,150,756
Creditors: amounts falling due after more than one year
(1,580,422)
(1,291,578)
Provisions for liabilities
Net liabilities
(705,872)
(140,822)
Called up share capital
230
230
Share premium
949,970
949,970
Profit and loss account
(1,656,072)
(1,091,022)
Shareholders' funds
(705,872)
(140,822)
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. 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 Act with respect to accounting records and the preparation of accounts.
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 the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 April 2026 and were signed on its behalf by
Ella Louvaine Spira
Director
Company Registration No. 06976153
Sisters Grimm Limited
Notes to the Accounts
for the year ended 31 December 2025
Sisters Grimm Limited is a private company, limited by shares, registered in England and Wales, registration number 06976153. The registered office is 4 Luxfield Road, London, SE9 4EZ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The accounts are presented in £ sterling.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures & fittings: Leasehold are part of Fixtures & fittings. Leasehold improvements are depreciated at lease term (over 5 years). Other assets in fixtures & fittings are depreciated over 8 years as of, the directors having reviewed the estimated useful life of Fixtures & fittings. It was determined that a 8-year period more accurately reflects the period over which the company expects to derive economic benefits from these assets.
Computer equipment: During the year, the directors reviewed the estimated useful life of Computer equipment. It was determined that a 8-year period more accurately reflects the period over which the company expects to derive economic benefits from these assets.
Plant & machinery
over 5 years
Fixtures & fittings
over 8 years
Computer equipment
over 8 years
Sisters Grimm Limited
Notes to the Accounts
for the year ended 31 December 2025
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses.
In prior periods, work in progress was presented within inventories. Management has determined that work in progress does not meet the definition of inventories, as it does not represent goods held for sale.
Work in progress comprises directly attributable production and development costs incurred on productions that were incomplete at the reporting date. These costs are carried at cost and expensed when the related production is completed and delivered or performed.
The principal risks and uncertainties faced by the Company relate to the timing and successful completion of productions and projects, and the recovery of costs incurred in respect of work in progress.
The carrying value of work in progress is dependent on the future completion and delivery of productions. Management regularly reviews the recoverability of costs incurred and is satisfied that work in progress is stated at an appropriate value at the reporting date.
The financial statements have been prepared on a going concern basis despite the Company having net liabilities of £886,702 at the balance sheet date. The directors have reviewed cash flow forecasts and consider that the Company will continue to be able to meet its obligations as they fall due. Accordingly, the directors consider the going concern basis of accounting to be appropriate.
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2025
149
48,945
19,083
68,177
Additions
111,152
270,853
-
382,005
At 31 December 2025
111,301
319,798
19,083
450,182
At 1 January 2025
5
26,105
14,881
40,991
Charge for the year
5,429
38,479
5,067
48,975
At 31 December 2025
5,434
64,584
19,948
89,966
At 31 December 2025
105,867
255,214
(865)
360,216
At 31 December 2024
144
22,840
4,202
27,186
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Plant & machinery
68,001
-
- Fixtures & fittings
104,434
-
Sisters Grimm Limited
Notes to the Accounts
for the year ended 31 December 2025
5
Investments
Subsidiary undertakings
Valuation at 1 January 2025
600
Valuation at 31 December 2025
600
The company owns 100% of the share capital of SG SHOW 1 LIMITED (company number 11195390)
The company owns 100% of the share capital of SG SHOW 2 LIMITED (company number 11195329)
The company owns 100% of the share capital of SG SHOW 3 LIMITED (company number 11195367)
The company owns 100% of the share capital of SG SHOW 4 LIMITED (company number 11195373)
The company owns 100% of the share capital of SG SHOW 5 LIMITED (company number 11195519)
The company owns 100% of the share capital of SG SHOW 6 LIMITED (company number 11195464)
Work in progress
138,204
498,596
Work in progress comprises costs incurred to date in respect of projects not yet completed at the reporting date. Cost includes directly attributable production costs and an appropriate proportion of directly incurred overheads.
The principal risks and uncertainties faced by the Company relate to the timing and successful completion of productions and projects, and the recovery of costs incurred in respect of work in progress.
The carrying value of work in progress is dependent on the future completion and delivery of productions. Management regularly reviews the recoverability of costs incurred and is satisfied that work in progress is stated at an appropriate value at the reporting date.
Amounts falling due within one year
Amounts due from group undertakings etc.
45,302
-
Accrued income and prepayments
303,512
50,641
Other debtors
321,698
41,226
Amounts falling due after more than one year
Amounts due from group undertakings etc.
-
132,761
Sisters Grimm Limited
Notes to the Accounts
for the year ended 31 December 2025
8
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
84,187
84,079
Obligations under finance leases and hire purchase contracts
58,815
-
Trade creditors
146,115
1,298
Taxes and social security
2,565
1,727
Other creditors
69,509
181
Loans from directors
111,226
20,866
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Creditors: amounts falling due after more than one year
2025
2024
Bank loans
152,027
235,815
Obligations under finance leases and hire purchase contracts
135,843
-
Amounts owed to group undertakings and other participating interests
582,552
465,647
Other creditors
710,000
590,116
Aggregate of amounts that fall due for payment after five years
-
2,018
BBL loan backed by 100% government guarantee and financing of first year's interest by means of government grant
Allotted, called up and fully paid:
230 Ordinary shares of £1 each
230
230
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Operating lease commitments
2025
2024
At 31 December 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
325,000
-
Later than one year and not later than five years
1,300,000
-
Sisters Grimm Limited
Notes to the Accounts
for the year ended 31 December 2025
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Transactions with related parties
During the year, the company engaged certain directors as subcontractors to provide creative & production & management services. These directors were not on the company payroll but were paid fees of £208,500 (2024: £169,200) in respect of services rendered.
E&P Creative Ltd (Co. No. 16039318) Company is controlled by Pietra-Marie De Mello-Pittman & Ella Louvaine Spira. Loans given to E&P Creative Ltd £1,912 (2024: £0)
Amount above is due to Sisters Grimm Limited.
IGOLI BAR LTD (Co. No. 16459268) Company is controlled by Pietra-Marie De Mello-Pittman & Ella Louvaine Spira. Loans given to Igoli Bar Ltd £42,145 (2024: £0)
Amount above is due to Sisters Grimm Limited.
SG SHOW 2 LIMITED (Co. No. 11195329) Company is controlled by Sisters Grimm Limited. Loans given to SG SHOW 2 LIMITED £1,246 (2024: £0)
Amount above is due to Sisters Grimm Limited.
INALA LTD (Co. No. 08145191) Company is controlled by Pietra-Marie De Mello-Pittman & Ella Louvaine Spira. Loans given to Sisters Grimm Limited £40,558 (2024: £50,995)
Amount above is due by Sisters Grimm Limited.
Voices of the Amazon Ltd (Co. No. 10364567) Company is controlled by Pietra-Marie De Mello-Pittman & Ella Louvaine Spira. Loans given to Sisters Grimm Limited £20,764 (2024: £23,019)
Amount above is due by Sisters Grimm Limited.
Inala West End Ltd (Co. No. Inala West End Ltd) Company is controlled by Pietra-Marie De Mello-Pittman & Ella Louvaine Spira. Loans given to Sisters Grimm Limited £521,231 (2024: £391,632)
Amount above is due by Sisters Grimm Limited.
The company is controlled by E&P CREATIVE LTD (Company Number 16039318) who owns majority of the issued share capital and holds majority of the voting rights of the company.
Accordingly, E&P CREATIVE LTD (Company Number 16039318) is regarded as the ultimate controlling party.
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Average number of employees
During the year the average number of employees was 2 (2024: 1).