Registered number
15615902
INDIAN STORIES 2 LIMITED
(PKA: FILM MILLIE LIMITED)
Filleted Accounts
31 March 2026

INDIAN STORIES 2 LIMITED
Registered number: | 15615902
Balance Sheet
as at 31 March 2026
Notes |  |  | 2026 |  |  | 2025
£ | £
Current assets
Work in progress |  |  | 1,877,021 |  |  | -
Debtors | 3 |  | 461,185 |  |  | -
Cash at bank and in hand |  |  | 54,705 |  |  | 1
|  |  | 2,392,911 |  |  | 1
Creditors: amounts falling due within one year | 4 |  | (1,993,344) |  |  | -
Net current assets |  |  |  | 399,567 |  |  | 1
Net assets |  |  |  | 399,567 |  |  | 1
Capital and reserves
Called up share capital |  |  |  | 1 |  |  | 1
Profit and loss account |  |  |  | 399,566 |  |  | -
Shareholders' funds |  |  |  | 399,567 |  |  | 1
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mrs Firuzi Khan
Director
Approved by the board on 6 May 2026

INDIAN STORIES 2 LIMITED
Notes to the Accounts
for the period from 1 May 2025 to 31 March 2026
1 | Accounting policies
| Basis of preparation
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
| Work in progress
| The Company is producing the British qualifying film titled "Bhai Tera Star Hai (pka: All Lies)" (the Film). Film costs carried forward under work in progress represent cost incurred on the Film during the period until when they are complete and delivered, such costs are stated at the lower of costs and estimated net realisable value.
| Debtors
| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
| Creditors
| Short term creditors are measured at transaction price (which is usually the invoice price).
| Taxation
| A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. The tax credit claimed relates to the Film. Deferred tax assets based on timing differences is not applicable in respect of this Company's claim for film tax credits.
2 | Employees | 2026 |  | 2025
Number | Number
| Number of persons engaged during UK principal photography | 34 |  | 0
3 | Debtors | 2026 |  | 2025
£ | £
| VAT receivable |  |  |  |  | 61,419 |  | -
| Other debtors | 399,766 |  | -
|  |  |  |  |  | 461,185 |  | -
4 | Creditors: amounts falling due within one year | 2026 |  | 2025
£ | £
| Trade creditors | 577,884 |  | -
| Advance for expenses |  |  |  |  | 1,095,000 |  | -
| Taxation and social security costs | 26,559 |  | -
| Other creditors | 293,901 |  | -
|  |  |  |  |  | 1,993,344 |  | -
5 | Controlling party
| Mrs Firuzi Khan, the director and PSC of the Company is the ultimate controlling party.
6 | Other information
| INDIAN STORIES 2 LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
| 5 Elstree Gate
| Elstree Way
| Borehamwood
| Hertfordshire
| WD6 1JD

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