ACCOUNTS - Final Accounts preparation

Registered number: 03788145

HONEST PRODUCTIONS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

HONEST PRODUCTIONS LIMITED

REGISTERED NUMBER: 03788145

BALANCE SHEET

AS AT 31 MARCH 2026

		2026		2025
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	396		342
Cash at bank and in hand	5	2		2
		398		344
Creditors: amounts falling due within one year	6	(83,790)		(72,607)
Net current liabilities			(83,392)		(72,263)
Total assets less current liabilities			(83,392)		(72,263)

Net liabilities			(83,392)		(72,263)

Capital and reserves
Called up share capital	7	1	1
Profit and loss account		(83,393)	(72,264)
		(83,392)	(72,263)

HONEST PRODUCTIONS LIMITED

REGISTERED NUMBER: 03788145

BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2026

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 profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

D A Stewart

Director

Date: 29 May 2026

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

HONEST PRODUCTIONS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

1.	General information

Honest Productions Limited is a private company, limited by shares, registered in England and Wales, registration number 03788145. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.

The principal activity of the company continued to be that of the production and exploitation of the film “Honest”.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

2.2

Functional and presentation currency

The company's functional and presentational currency is pound sterling.

2.3

Going concern

The director has reviewed the financial circumstances of the company and confirms that it continues to receive support from its director. The director is satisfied that the company will be able to satisfy its financial obligations for at least 12 months from the date of signature of the financial statements, which have been prepared on the going concern basis.

2.4

Debtors

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

2.5

Cash

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

2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.7

Financial instruments

The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as other debtors, trade and other creditors and loans with related parties.

Employees

The average monthly number of employees, including the director, during the year was 1 (2025 - 1).

HONEST PRODUCTIONS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Debtors

					2026	2025
					£	£


Prepayments	396	342

5.	Cash
		2026	2025
		£	£

	Cash at bank	2	2

6.	Creditors: amounts falling due within one year
		2026	2025
		£	£

Trade creditors	225	632
Amounts owed to group undertakings	69,030	67,976
Other creditors	10,649	1,695
Accruals	3,886	2,304
	83,790	72,607

7.	Share capital
		2026	2025
		£	£

Allotted, called up and fully paid

1 (2025 - 1) Ordinary share of £1.00 each	1	1

8.	Transactions with the director

As at the year end, the company owed £4,370 (2025 - £204) to the director. The loan is interest free, unsecured and repayable on demand.

9.	Related party transactions
	No disclosure has been made of transactions with other wholly owned group companies in accordance with FRS102 Section 1A paragraph AC.35, as the company is itself a wholly owned subsidiary of Seven Dials Films Limited.