Love Bites International Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 13326655

Love Bites International Limited

Filleted Unaudited Accounts

31 October 2025

Love Bites International Limited

Statement of Financial Position

31 October 2025

	31 Oct 25	31 Jan 25
Note	£	£

Current assets

Debtors	5	2,954,617	1,187,685
Cash at bank and in hand		646,408	862,595
		------------	------------
		3,601,025	2,050,280

Creditors: amounts falling due within one year	6	( 3,600,925)	( 2,050,180)
		------------	------------
Net current assets		100	100
		----	----
Total assets less current liabilities		100	100
		----	----
Net assets		100	100
		----	----

Capital and reserves

Called up share capital	7	100	100
		----	----
Shareholders funds		100	100
		----	----

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 Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the period ending 31 October 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 period in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts .

These accounts were approved by the board of directors and authorised for issue on 5 May 2026 , and are signed on behalf of the board by:

M S Lane
Director

Company registration number: 13326655

Love Bites International Limited

Notes to the Accounts

Period from 1 February 2025 to 31 October 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 99 Kenton Road, Harrow, England, HA3 0AN.

2. Statement of compliance

These accounts have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The accounts have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The accounts are prepared in sterling, which is the functional currency of the entity.

Foreign currencies

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 rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

Significant estimation technique adopted

Accruals are estimated by reference to purchase orders raised at the period end and estimates to complete. Payments received on account are estimated by reference to percentage of completion of the film, as noted in "Revenue Recognition" below.

Comparatives

The accounts cover the period from 1 February 2025 to 31 October 2025. The comparatives cover the period from 1 May 2024 to 31 January 2025. The accounting period has been shortened to ensure that the accounting period and tax credit claim is conterminous.

Disclosure exemptions

The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. Its financial statements are consolidated into the financial statements of (enter name of group financial statements) which can be obtained from (enter detail). As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) Disclosures in respect of each class of share capital have not been presented. (b) No cash flow statement has been presented for the company.

Revenue recognition

Turnover relates to the production of the film entitled "Love Bites". It represents the value of the work done in the period, including estimates of amounts not invoiced and is stated after trade discounts, other taxes and net of VAT. Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

4. Employees

The company has been incorporated to produce a film called "Love Bites". In common with the film and television industry the majority of crew are hired on short term contracts for the duration of principal photography or are self-employed. None of the Directors received any form of remuneration.

5. Debtors

	31 Oct 25	31 Jan 25
	£	£
Prepayments and accrued income	2,319,339	–
VAT recoverable	17,640	250,811
Corporation tax recoverable	304,570	912,523
Other debtors	313,068	24,351
	------------	------------
	2,954,617	1,187,685
	------------	------------

6. Creditors: amounts falling due within one year

	31 Oct 25	31 Jan 25
	£	£
Trade creditors	256,503	115,454
Accruals and deferred income	671,616	31,049
Corporation tax	76,142	228,131
Social security and other taxes	150,231	150,231
Production loan	2,446,125	1,446,125
Other creditors	308	79,190
	------------	------------
	3,600,925	2,050,180
	------------	------------

The loan has been secured against the anticipated future Independent Film Tax Credit.

7. Called up share capital

Issued, called up and fully paid

	31 Oct 25		31 Jan 25
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
	----	----	----	----

8. Contingent liabilities

Charges have been made against the film in favour of the following parties to secure their interests in the copyright of and title to the film: Alphas Productions, LLC Banc of California

9. Related party transactions

All transactions related to the production of the film "Love Bites" and arose on an arm's-length basis through the normal course of business. The company has taken advantage of Section 33 of FRS 102 from disclosing transactions entered into between two or more members of a group, where any subsidiary undertaking which is a party to the transaction is wholly owned by a member of that group.

10. Controlling party

During the period the company was under the control of M Lane.