REGISTERED NUMBER: 13704512 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Classic Brassic Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D E Livingstone

REGISTERED OFFICE:

138 Portobello Road

2nd Floor

London

W11 2DZ

REGISTERED NUMBER:

13704512 (England and Wales)

ACCOUNTANTS:

We`ll Mind Your Own Business LTD

39 Long Acre

London

WC2E 9LG

CURRENT ASSETS

Debtors

4

22,101

13,488

Cash at bank

5,624

15,124

27,725

28,612

CREDITORS

Amounts falling due within one year

5

599

28,611

NET CURRENT ASSETS

27,126

1

TOTAL ASSETS LESS CURRENT LIABILITIES

27,126

1

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

27,125

-

27,126

1

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 May 2026 and were signed by:

D E Livingstone - Director

1.	STATUTORY INFORMATION

Classic Brassic Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover relates to the production of the television series entitled "Brassic - Series 5". 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.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Intra-group borrowings are debt instruments and are initially measured at present value of the future cash flows and subsequently at amortised cost using an effective interest method.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern

In establishing whether to continue to report under the going concern assumption we have

considered the following points:

- The impact on the day to day trade of the business

- The impact on the ability of our suppliers to meet our needs

- The impact of our staff's ability to perform their duties

- The impact on our cash position of a period of minimum activity

A detailed budget and cashflow have been prepared for the production and delivery of the series. Funds to meet the cashflow requirements are contractually in place and the directors do not anticipate any material overspend. After considering all factors, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Furthermore the series had been completed as at the balance sheet date and thus the directors are therefore satisfied that the going concern assumption remains appropriate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Amounts owed by group undertakings

1,637

1,639

Other debtors

18,656

9,683

VAT

1,808

2,166

22,101

13,488

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Accruals and deferred income

599

28,611

6.	RELATED PARTY TRANSACTIONS

All transactions related to the production of the television series entitled "Brassic - Series 5" and arose on an arm's-length basis through the normal course of business.

As such, no transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 102 Section 1a.

7.	CONTROLLING PARTY

In the opinion of the directors, the parent undertaking and controlling party is Calamity Films Ltd, a company incorporated in England and Wales.