INDIAN STORIES 2 LIMITED - Filleted accounts

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