The notes on pages 9 to 10 form part of these financial statements.

These financial statements 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 directors of the company have elected not to include a copy of the income statement within the financial statements.true

The Ones Below Limited ("The Company") is a private company limited by shares and is registered and incorporated in England and Wales. The registered office is 99 Kenton Road, Harrow, HA3 0AN

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in Pound Sterling (GBP), which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £, except where otherwise indicated.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Following the cessation of operating activities, the directors intend to apply for dissolution of the company. Consequently, the going concern basis of accounting is no longer considered appropriate.true

Accordingly, the financial statements have been prepared on a basis other than going concern. No material adjustment has arisen because of applying a non-going concern basis.

Cash and cash equivalents are basic financial instruments and include cash at bank and in hand.

Related Party Transactions

As permitted by FRS 102 Section 33 "Related party disclosures" the financial statements do not disclose transactions with the parent company and fellow subsidiaries where 100% of the voting rights are wholly controlled by the group.

Parent Company

Cuba Pictures Limited is the immediate parent company of The Ones Below Limited. United Talent Agency UK Limited is the smallest group for which consolidated accounts including The Ones Below Ltd are prepared. The consolidated accounts of United Talent Agency UK Limited are available from its registered office, 1 Newman Street, London, United Kingdom, W1T 1PB.

The directors consider the ultimate parent company to be United Talent Agency, LLC, a company incorporated in the USA.

Events after the end of the reporting period

Subsequent to the year-end, all equity shares in the immediate parent company, Cuba Pictures Limited, were sold to Pulse Films Limited.

As a result of this transaction, Pulse Films Limited has become the immediate parent undertaking. This represents a significant non-adjusting event occurring after the balance sheet date and does not reflect conditions existing at the reporting date; therefore, no adjustments have been made to the amounts recognized in these financial statements.

The directors of Pulse Films Limited consider the ultimate controlling party to be Fortress Investment Group LLC, 1345 Avenue of the Americas, 46th Floor, New York, NY 10105.

The average monthly number of persons (including directors) employed by the company during the year was:

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

In our opinion the financial statements:

• give a true and fair view of the state of the company's affairs as at 31 December 2024 and of its profit for the year then ended;

• have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

• have been prepared in accordance with the requirements of the Companies Act 2006.

Emphasis of matter

We draw attention to Note 1.2 to the financial statements which explains that, following the cessation of operating activities, the directors intend to apply for the dissolution of the company. Consequently, the directors do not consider it appropriate to adopt the going concern basis of accounting. Accordingly, the financial statements have been prepared on a basis other than that of a going concern. Our opinion is not modified in respect of this matter.