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Registration number: 15079911

Nuncle Films Limited Unaudited Financial Statements for the Year Ended 31 December 2025
Brebners Chartered Accountants 130 Shaftesbury Avenue London W1D 5AR

Nuncle Films Limited

Contents

Company Information | 1
Statement of Financial Position | 2
Notes to the Unaudited Financial Statements | 3 to 5

Nuncle Films Limited

Company Information

Director | Sir K C Branagh

Company secretary | Ms T Thomas

Registered office | 130 Shaftesbury Avenue 2nd Floor London W1D 5EU

Accountants | Brebners Chartered Accountants 130 Shaftesbury Avenue London W1D 5AR

Nuncle Films Limited

Statement of Financial Position as at 31 December 2025

| Note | 2025 £ | 2024 £
Current assets |  |  |
Debtors | 4 | 569,397 | 4,180,550
Cash at bank and in hand |  | 118,233 | 464,605
|  | 687,630 | 4,645,155
Creditors: Amounts falling due within one year | 5 | (687,530) | (4,645,055)
Net assets |  | 100 | 100
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Shareholders' funds |  | 100 | 100

For the financial 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.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The director of Nuncle Films Limited has elected not to include a copy of the Income Statement within the financial statements, in accordance with the special provisions relating to companies subject to the small companies regime within the Companies Act 2006, s444.

Approved and authorised by the director on 30 April 2026

.........................................

Sir K C Branagh

Director

Company registration number: 15079911

Nuncle Films Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 December 2025

1 | General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
130 Shaftesbury Avenue
2nd Floor
London
W1D 5EU

The principal activity of the company is that of the production of motion pictures.

2 | Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Going concern

The company is a 'Special Purpose Vehicle' for the production of a feature film. The company was financially supported by its parent company which has purchased the completed film. Subsequent to the sale of the film the company has no significant working capital requirement.
On the basis of the above and after making enquiries, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the director continues to adopt the going concern basis in preparing the financial statements.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of film rights in the course of the company's ordinary activities, net of VAT and trade discounts.
The company's performance obligations consist of the delivery of a finished film, which is fulfilled by commissioning the production, completion and delivery of the picture. This obligation is satisfied at the point of delivery of the finished film and therefore revenue is recognised based on the stage of completion at the period end.
Where expenditure incurred by the company is recharged, reimbursement is recognised as income in the period in which the costs where incurred.

Nuncle Films Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 December 2025

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Defined benefit pension obligation

Typically defined benefit plans define an amount of pension benefit that an employee will receive on retirement, usually dependent on one or more factors such as age, years of service and compensation.
The liability recognised in the statement of financial position in respect of defined benefit pension plans is the present value of the defined benefit obligation at the reporting date minus the fair value of plan assets. The defined benefit obligation is measured using the projected unit credit method. The present value of the defined benefit obligation is determined by discounting the estimated future payments by reference to market yields at the reporting date on high-quality corporate bonds that are denominated in the currency in which the benefits will be paid, and that have terms to maturity approximating to the terms of the related pension liability.
Actuarial gains and losses are charged or credited to other comprehensive income in the period in which they arise.

3 | Staff numbers

The average number of persons employed by the company during the year, was 2 (2024 - 2).

Nuncle Films Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 December 2025

4 | Debtors

| 2025 £ | 2024 £
Trade debtors | - | 84
Other debtors | 569,397 | 4,180,466
| 569,397 | 4,180,550

5 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Trade creditors | 23,905 | 215,449
Amounts owed to parent undertaking | 317,163 | 3,518,374
Taxation and social security | 403 | -
Other creditors | 346,059 | 911,232
| 687,530 | 4,645,055

6 | Related party transactions

Exemption is taken in accordance with FRS102 paragraph 1AC.35 not to disclose transactions or amounts falling due with companies wholly owned within the group.