ACCOUNTS - Final Accounts preparation

Cash and cash equivalents

Registered number: 16380045

WIND OF CHANGE MOVIE LTD

UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD FROM 1 AUGUST 2025 TO 31 JANUARY 2026

WIND OF CHANGE MOVIE LTD

CONTENTS

	Page
Balance sheet	1 - 2
Notes to the financial statements	3 - 5

WIND OF CHANGE MOVIE LTD

REGISTERED NUMBER: 16380045

BALANCE SHEET

AS AT 31 JANUARY 2026

	31 January	31 July
	2026	2025
Note	£	£


Current assets
Debtors: amounts falling due within one year	4	866,751		1,975,891
Cash at bank and in hand	5	83,541		510,232
		950,292		2,486,123
Creditors: amounts falling due within one year	6	(928,133)		(1,492,849)
Net current assets			22,159		993,274
Total assets less current liabilities			22,159		993,274

Net assets			22,159		993,274

Capital and reserves
Called up share capital	7	100	100
Profit and loss account		22,059	993,174
		22,159	993,274

WIND OF CHANGE MOVIE LTD

REGISTERED NUMBER: 16380045

BALANCE SHEET (CONTINUED)

AS AT 31 JANUARY 2026

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the period in question 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 financial statements have been prepared 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 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 profit and loss account in accordance with 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 by:

B S J Rimmer

Director

Date: 21 April 2026

The notes on pages 3 to 5 form part of these financial statements.

WIND OF CHANGE MOVIE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2026

1.	General information

Wind of Change Movie Ltd is a private company, limited by shares, registered in England and Wales, registration number 16380045. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.

The principal activity of the company is that of motion picture production activities.

The company has shortened its accounting period from 31 July 2026 to 31 January 2026.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The company's functional and presentational currency is pound sterling.

The following principal accounting policies have been applied:

2.2

Turnover

Turnover from motion picture production activities is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.3

Government grants

Government grants are recognised at the point in which it is reasonably assured that the Company has satisfied the conditions attached to the grants and that the grants will be received.

Government grants, including Audio-Visual Expenditure Credits ("AVEC") are recognised as other operating income. The recognition of AVEC grants are aligned over the period in which related costs attached to the grant are incurred.

2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The company is eligible to claim a tax credit on production costs. The tax credit comprises relief based on total net costs and an additional deduction for enhanceable expenditure. The company claims a payment based on the amount of enhanced expenditure and carries losses arising from total net costs carried forward against future profits.

2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment.

WIND OF CHANGE MOVIE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2026

2.Accounting policies (continued)

2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

2.7

Creditors

Short-term creditors are measured at the transaction price.

2.8

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from other third parties.

Employees

The average monthly number of employees, including directors, during the period was 3 (2025 - 50).

Debtors

					31 January	31 July
					2026	2025
					£	£


Other debtors	712,178	1,975,891
Accrued income	154,573	-
	866,751	1,975,891

	Cash at bank and in hand	83,541	510,232

WIND OF CHANGE MOVIE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2026

Trade creditors	3,636	1,444,725
Other taxation and social security	-	4,741
Other creditors	-	30,883
Accruals	924,497	12,500
	928,133	1,492,849

Allotted, called up and fully paid

100 Ordinary shares of £1.00 each	100	100

8.	Prior year adjustment

In the prior year, the company presented the Audio-Visual Expenditure Credit ("AVEC") within other operating income. Following a review of the applicable presentation and accounting requirements, the company has reclassified £374,917 to disclose the gross expenditure as other operating income. A corresponding reclassification of £374,917 has been made within tax on profit / (loss) to reflect the notional tax liability due to HMRC.

Included within other debtors is a balance of £1,493,276 representing the net receipt of the aforementioned AVEC. The restatement has not resulted in any impact on the balance sheet.

Following the above reclassifications, we confirm that there is no profit and loss impact and therefore the prior year retained earnings do not require to be restated.