ACCOUNTS - Final Accounts preparation

Registered number: 14019384

BROKEN ENGLISH LTD

(FORMERLY KNOWN AS MARIANNE FAITHFULL LIMITED)

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025


BROKEN ENGLISH LTD (FORMERLY KNOWN AS MARIANNE FAITHFULL LIMITED) REGISTERED NUMBER:14019384

BALANCE SHEET

AS AT 30 APRIL 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		778		1,626
			778		1,626
Current assets
Work in progress	5	516,701		274,809
Debtors: amounts falling due within one year	6	18,796		8,055
Cash at bank and in hand	7	4,786		5,711
		540,283		288,575
Creditors: amounts falling due within one year	8	(602,350)		(330,148)
Net current liabilities			(62,067)		(41,573)
Total assets less current liabilities			(61,289)		(39,947)

Net liabilities			(61,289)		(39,947)

Capital and reserves
Called up share capital	9	100	100
Profit and loss account		(61,389)	(40,047)
		(61,289)	(39,947)


BROKEN ENGLISH LTD (FORMERLY KNOWN AS MARIANNE FAITHFULL LIMITED) REGISTERED NUMBER:14019384

BALANCE SHEET (CONTINUED)

AS AT 30 APRIL 2025

The director considers 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 year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her 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 Earl

Director

Date: 27 April 2026

The notes on page 2 form part of these financial statements.


BROKEN ENGLISH LTD (FORMERLY KNOWN AS MARIANNE FAITHFULL LIMITED)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

1.	General information

Broken English Ltd is a private company, limited by shares, registered in England and Wales, registration number 14019384. The registered address of the company is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.

The principal activity of the company continued to be that of artist creation, including the production of a feature length film documentary for theatrical release.

On 14 August 2025, the company changed its name from Marianne Faithful Limited to Broken English Ltd.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and 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.

2.2

Going concern

On the basis of information and enquiries that are pertinent to the company's circumstances and which the director believes to be adequate, it is appropriate to continue to treat the company as a going concern. In particular the director believes that adequate cash resources will be available to cover the company's requirements for working capital for at least twelve months from the date of signing the financial statements.

2.3

Foreign currency translation

Functional and presentation currency

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

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the profit and loss account within 'administrative expenses'. All other foreign exchange gains and losses are presented in the profit and loss account.

2.4

Operating lease commitment

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.


BROKEN ENGLISH LTD (FORMERLY KNOWN AS MARIANNE FAITHFULL LIMITED)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

2.Accounting policies (continued)

2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

2.7

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 current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment

33%

straight-line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.9

Work in progress

Work in progress represents the costs incurred to date associated with producing the film. Production costs are recognised to the profit and loss account when the relevant film is released by the company.

2.10

Debtors

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

2.11

Cash

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

2.12

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


BROKEN ENGLISH LTD (FORMERLY KNOWN AS MARIANNE FAITHFULL LIMITED)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

2.Accounting policies (continued)

2.13

Financial instruments

The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors, trade and other creditors, and loans with related parties.

Employees

The average monthly number of employees, including the director, during the year was 1 (2024 - 1).

4.	Tangible fixed assets

		Computer equipment
		£
	Cost or valuation
	At 1 May 2024	2,545
	At 30 April 2025	2,545
	Depreciation
	At 1 May 2024	919
	Charge for the year	848
	At 30 April 2025	1,767
	Net book value
	At 30 April 2025	778
	At 30 April 2024	1,626

5.	Work in progress
		2025	2024
		£	£

	Work in progress	516,701	274,809

Debtors

					2025	2024
					£	£


Amounts owed by group undertakings	3,005	393
Other debtors	12,748	4,956


BROKEN ENGLISH LTD (FORMERLY KNOWN AS MARIANNE FAITHFULL LIMITED)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

6.Debtors (continued)

Prepayments	3,043	2,706
	18,796	8,055

7.	Cash
		2025	2024
		£	£

	Cash at bank and in hand	4,786	5,711

8.	Creditors: amounts falling due within one year
		2025	2024
		£	£

Other loans	116,582	-
Trade creditors	8,358	-
Amounts owed to connected entities	152,791	123,623
Other creditors	312,026	195,833
Accruals	12,593	10,692
	602,350	330,148

9.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

100 (2024 - 100) ordinary shares of £1.00 each	100	100

10.	Commitments under operating leases

At 30 April 2025, the company had future minimum lease payments due under non-cancellable operating leases of £16,185 (2024 - £32,262).

11.	Transactions with the director

At the year end, the company owed £302,026 (2024 - £185,833) to the director. The loan is unsecured, interest free and repayable on demand.

Page 1


BROKEN ENGLISH LTD (FORMERLY KNOWN AS MARIANNE FAITHFULL LIMITED)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

12.	Related party transactions
	No disclosure has been made of transactions with other wholly owned group companies in accordance with FRS 102 Section 1A paragraph 1AC.35, as the company is itself a wholly owned subsidiary of Rustic Canyon Limited.

Page 2