Beard & Glasses Productions Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: 15292423

		30 November 2025		30 November 2024
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		1,461,741		1,461,561

			1,461,741		1,461,561
CURRENT ASSETS
Debtors		200		7,200
Cash at bank and in hand		18,252		38,385

		18,452		45,585
Creditors: Amounts Falling Due Within One Year		(111,750 )		(117,338 )

NET CURRENT ASSETS (LIABILITIES)			(93,298 )		(71,753 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,368,443		1,389,808

Creditors: Amounts Falling Due After More Than One Year			(303,998 )		(340,998 )

NET ASSETS			1,064,445		1,048,810

CAPITAL AND RESERVES
Called up share capital	5		3		3
Profit and Loss Account			1,064,442		1,048,807

SHAREHOLDERS' FUNDS			1,064,445		1,048,810

Page 1

Page 2

Beard & Glasses Productions Limited

Abridged Balance Sheet (continued)

As At 30 November 2025

For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 30 November 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Michael Carthy

Director

31/03/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Beard & Glasses Productions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15292423 . The registered office is 33 Eastgate Street, Stafford, ST16 2LZ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

4. Investments

	Total
	£
Cost or Valuation
As at 1 December 2024	1,461,561
Additions	180

As at 30 November 2025	1,461,741

Provision
As at 1 December 2024	-

As at 30 November 2025	-

Net Book Value
As at 30 November 2025	1,461,741

As at 1 December 2024	1,461,561

5. Share Capital

	30 November 2025	30 November 2024
	£	£
Allotted, Called up and fully paid	3	3

Page 3

Page 4

Beard & Glasses Productions Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 30 November 2025

6. Related Party Transactions

Norwell Lapley Productions Limited

Limited company owned and controlled by Beard & Glasses Productions Limited

£6000+VAT management charges have been credited to Norwell Lapley Productions Limited in relation to the management of the company.

Carthy Ventures Holdings Limited

33% Shareholder of Beard & Glasses Productions Limited, mutual director in both companies (Michael Carthy)

Carthy Ventures Holdings Limited have loaned Beard & Glasses Productions Limited £103,999 in an unsecured loan in a previous period. £100,000 of this was an initial capital injection which attracts interest of 6%pa payable quarterly in arrears.

Cranston Ventures Holdings Limited

33% Shareholder of Beard & Glasses Productions Limited, mutual director in both companies (Steve Cranston)

Cranston Ventures Holdings Limited have loaned Beard & Glasses Productions Limited £99,999 in an unsecured loan in a previous period. £100,000 of this was an initial capital injection which attracts interest of 6%pa payable quarterly in arrears.

Lilac Productions Limited

Mutual Director Steve Cranston

Lilac Productions Limited have loaned Beard & Glasses Productions Limited £130,000 in an unsecured loan in a previous period. £30,000 has been repaid in year. £100,000 of this was an initial capital injection which attracts interest of 12%pa payable quarterly in arrears.

7. Controlling Party

There is no one controlling party by virtue of each individual shareholder owning 33% of the issued share capital in the company.

Page 4