REGISTERED NUMBER: 06195811 (England and Wales)

Unaudited Financial Statements

for the Year Ended

30 November 2025

for

Velvet Film Production Ltd.

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

G E Cowan

Miss L J Smith

Miss S Finnigan

Miss J E Motler

Mrs A Harrington

SECRETARY:

REGISTERED OFFICE:

3rd Floor, 7th Suite

ARRIVE Tomorrow Building

Blue Road, Media City UK

Salford

M50 2AB

REGISTERED NUMBER:

06195811 (England and Wales)

ACCOUNTANTS:

TF & Partners Ltd t/a Hatherlows

Chartered Accountants

The Studio, Hatherlow House

Hatherlow

Romiley

Stockport

Cheshire

SK6 3DY

FIXED ASSETS

Tangible assets

5

443

912

CURRENT ASSETS

Debtors

6

923,924

859,060

Cash at bank and in hand

180,012

131,381

1,103,936

990,441

CREDITORS

Amounts falling due within one year

7

113,771

90,307

NET CURRENT ASSETS

990,165

900,134

TOTAL ASSETS LESS CURRENT LIABILITIES

990,608

901,046

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

990,607

901,045

SHAREHOLDERS' FUNDS

990,608

901,046

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 13 March 2026 and were signed on its behalf by:

Mrs A Harrington - Director

1.	STATUTORY INFORMATION

Velvet Film Production 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 December 2024

and 30 November 2025

3,899

7,506

11,405

DEPRECIATION

At 1 December 2024

3,378

7,115

10,493

Charge for year

78

391

469

At 30 November 2025

3,456

7,506

10,962

NET BOOK VALUE

At 30 November 2025

443

-

443

At 30 November 2024

521

391

912

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

110,568

52,180

Amounts owed by participating interests

813,356

806,880

923,924

859,060

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

31,482

32,143

Amounts owed to participating interests

-

414

Taxation and social security

54,631

46,983

Other creditors

27,658

10,767

113,771

90,307

8.	POST BALANCE SHEET EVENTS

The financial statements were authorised for issue by the directors on 13 March 2026.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is the company's directors acting in concert.

The ultimate controlling party is the company's directors acting in concert.