ACCOUNTS - Final Accounts preparation

Registered number: NI658963

ALLEYCATS FEATURES - LOST BOYS LTD

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

ALLEYCATS FEATURES - LOST BOYS LTD

REGISTERED NUMBER: NI658963

STATEMENT OF FINANCIAL POSITION

AS AT 31 AUGUST 2025

		2025		2024
Note		£		£


Current assets
Debtors: amounts falling due within one year	5	3,400		35,386
Cash at bank and in hand	6	4,972		7,099
		8,372		42,485
Creditors: amounts falling due within one year	7	(11,200)		(15,000)
Net current (liabilities)/assets			(2,828)		27,485
Total assets less current liabilities			(2,828)		27,485
Creditors: amounts falling due after more than one year	8		(12,000)		(18,750)

Net (liabilities)/assets			(14,828)		8,735

Capital and reserves
Called up share capital	100	100
Profit and loss account	(14,928)	8,635
	(14,828)	8,735

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

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ALLEYCATS FEATURES - LOST BOYS LTD

REGISTERED NUMBER: NI658963

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 AUGUST 2025

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 29 May 2026.

E Stobart

Director

The notes on pages 3 to 5 form part of these financial statements.

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ALLEYCATS FEATURES - LOST BOYS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

1.	General information

Alleycats Features - Lost Boys Ltd is a private company limited by shares and registered in Northern Ireland. The address of its registered office is Unit 2, Bay Road Business Park, Bay Road, Derry, Northern Ireland, BT48 7SE.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise
specified within these accounting policies and in accordance with Section 1A of Financial Reporting
Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and
the Companies Act 2006.
The financial statements are prepared for the year ended 31 August 2025 and the comparatives are for the 18 months to 31 August 2024. Therefore the results are not comparable.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue comprises production income.

Production income is recognised in the Statement of Income and Retained Earnings in the period it is contractually due and expended on production and other costs.

2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

2.5

Taxation

Tax is recognised in the Statement of Income and Retained Earnings. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.
The Company is eligible to claim a tax credit on film production costs; the tax credit comprises relief based on total net costs and an additional deduction for enhanceable expenditure. The Company claims a payment based on the amount of enhanced expenditure and carries losses arising from total net costs forward against future profits.

2.6

Debtors

Short term debtors are measured at the transaction price, less any impairment.

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ALLEYCATS FEATURES - LOST BOYS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

2.Accounting policies (continued)

2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

2.8

Creditors

Short term creditors are measured at the transaction price, less any impairment.

2.9

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, and loans to related parties.

Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

Stocks

Debtors

					2025	2024
					£	£


Other debtors	3,400	35,386
	3,400	35,386

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ALLEYCATS FEATURES - LOST BOYS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

6.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	4,972	7,099
	4,972	7,099

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Bank loans	7,500	10,000
Accruals and deferred income	3,700	5,000
	11,200	15,000

8.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Bank loans	-	7,500
Other creditors	12,000	11,250
	12,000	18,750

9.	Controlling party

During the period, the company was under the control of E Stobart by virtue of their shareholding.

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