ACCOUNTS - Final Accounts

Registered number: 08265068

GENIUS FILM PRODUCTIONS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2025

GENIUS FILM PRODUCTIONS LIMITED

REGISTERED NUMBER: 08265068

STATEMENT OF FINANCIAL POSITION

AS AT 30 JUNE 2025

		2025		2024
Note		£		£


Current assets
Stocks		69,098		69,098
Debtors: amounts falling due within one year	5	13,373		14,023
Cash at bank and in hand		5,598		6,493
		88,069		89,614
Creditors: amounts falling due within one year	6	(88,734)		(90,279)
Net current liabilities			(665)		(665)
Total assets less current liabilities			(665)		(665)

Net liabilities			(665)		(665)

Capital and reserves
Called up share capital	2	2
Profit and loss account	(667)	(667)
	(665)	(665)

The directors consider 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 directors acknowledge their 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.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 25 May 2026.

M Grandage

Director

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GENIUS FILM PRODUCTIONS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

1.	General information

Genius Film Productions Limited is a private company limited by shares and registered in England and Wales. The address of its registered office is Fourth Floor, Wyndham's Theatre, Charing Cross Road, London, WC2H 0DA.

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.

2.2

Going concern

Included in the statement of financial position is a loan for of £69,098 which is only repayable against future distribution income. The directors consider the company has adequate resources and effective commercial arrangements in place to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

2.4

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Distribution Income
Revenue relates to the sale of film rights to domestic and non domestic broadcasters exclusive of Value Added Tax. Revenue is collected by Freeway CAM B.V collection agents who report to the company periodically. On receipt of the collection statement the company raises the sales invoice net of irrecoverable foreign taxes to the respective broadcaster.

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GENIUS FILM PRODUCTIONS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

2.Accounting policies (continued)

2.5

Stock - Cost of film productions

Production costs are matched with income and charged through the profit and loss account over the expected recoupment period, except where the costs and income can be matched against the work performed in accordance with the relevant contracts. An annual impairment review of stock is performed and any impairment losses are written off to the profit and loss account.

2.6

Financial instruments

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

3.	Judgments in applying accounting policies and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements and assumptions that affect the amounts reported for assets and liabilities as at the reporting date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates.
Accruals
The company makes an estimate of accruals at the year end based on invoices received after the year end and work undertaken which has not been invoiced based on quotations or estimates of amounts that may be due for payment.

Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).

Debtors

					2025	2024
					£	£


Trade debtors	11,873	11,023
Prepayments and accrued income	1,500	3,000
	13,373	14,023

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GENIUS FILM PRODUCTIONS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

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

Bank overdrafts	118	121
Other creditors	69,098	69,098
Accruals and deferred income	19,518	21,060
	88,734	90,279

Included within other creditors are loans from financiers with a value of £69,098 (2024: £69,098). The balance is secured by fixed and floating charges over the assets of the company.

7.	Related party transactions
	The company has not entered into any transactions with related parties that are material and that have not been concluded under normal market conditions.

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