AN Film And Television Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—8

1. General Information

AN Film And Television Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09697325 . The registered office is 79 Longton Avenue, Sydenham Hill, London, SE26 6RF.

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. Significant judgements and estimations

The directors consider the accounting estimates and assumptions below to be its critical accounting estimates and judgements:

Going Concern

The directors have prepared budgets and cash flows for a period of at least twelve months from the date of the approval of the financial statements which demonstrate that there is no material uncertainty regarding the company's ability to meet its liabilities as they fall due, and to continue as a going concern. On this basis the directors consider it appropriate to prepare the financial statements on a going concern basis. Accordingly, these financial statements do not include any adjustments to the carrying amounts and classification of assets and liabilities that may arise if the company was unable to continue as a going concern.

Impairment of Trade Debtors

The company trades with a varied number of customers on credit terms. Some debts due many not be paid through the default of a small number of customers. The company uses estimates based on historical experience and current information in determining the level of debts for which an impairment charge is required. The level of impairment required is reviewed on an ongoing basis. The total amount of trade debtors is £978 (2024: £21,737).

Useful Lives of Tangible and Intangible Fixed Assets

Long-lived assets comprising primarily of fixtures and fittings, plant and machinery and motor vehicles represent a significant portion of total assets. The annual depreciation and amortisation charge depends primarily on the estimated lives of each type of asset and, in certain circumstances, estimates of residual values. The directors regularly review these useful lives and change them if necessary to reflect current conditions. In determining these useful lives management consider technological change, patterns of consumption, physical condition and expected economic utilisation of the assets. Changes in the useful lives can have a significant impact on the depreciation and amortisation charge for the financial year. The net book value of Tangible Fixed Assets subject to depreciation at the financial year end date was £284,386 (2024: £327,487).

2.3. 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.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

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.

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AN Film And Television Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	2% on cost
Plant & Machinery	20% on cost
Motor Vehicles	25% on cost
Fixtures & Fittings	at varying rates on cost
Computer Equipment	20% on cost

2.5. Investment Properties

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised inprofit or loss.

Investment properties are properties owned by the company that are held for long-term rental income or for capital appreciation or both. Investment properties are initially recognised at cost, including transaction costs when ownership of the property is transferred. Where recognition criteria are met, the carrying value includes subsequent costs to add to or replace part of an investment property. Subsequent to initial recognition, investment properties are stated at fair value, which reflects market conditions at the reporting date.

Gains or losses arising from changes in the fair values of investment properties are included in profit or loss of the statement of comprehensive income in the period in which they arise.

2.6. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.7. Financial Instruments

Share Capital of the Company

Ordinary Share Capital

The ordinary share capital of the company is presented as equity.

Cash and cash equivalents

Cash consists of cash on hand and demand deposits. Cash equivalents consist of short term highly liquid investments that are readily convertible to known amounts of cash that are subject to an insignificant risk of change in value.

Other financial assets

Other financial assets including trade debtors for goods or services sold to customers on short-term credit, are initially measured at the undiscounted amount of cash receivable from that customer, which is normally the invoice price, and are subsequently measured at amortised cost less impairment, where there is objective evidence of an impairment.

Loans and borrowings

All loans and borrowings, both assets and liabilities are initially recorded at the present value of cash payable to the lender in settlement of the liability discounted at the market interest rate. Subsequently loans and borrowings are stated at amortised cost using the effective interest rate method. The computation of amortised cost includes any issue costs, transaction costs and fees, and any discount or premium on settlement, and the effect of this is to amortise these amounts over the expected borrowing period. Loans with no stated interest rate and repayable within one year or on demand are not amortised. Loans and borrowings are classified as current assets or liabilities unless the borrower has an unconditional right to defer settlement of the liability for at least twelve months after the financial year end date.

Other financial liabilities

Trade creditors are measured at invoice price, unless payment is deferred beyond normal business terms or is financed at a rate of interest that is not a market rate. In this case the arrangement constitutes a financing transaction, and the financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

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AN Film And Television Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

2.8. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 August 2024	365,942	25,104	65,990	24,175

As at 31 July 2025	365,942	25,104	65,990	24,175

Depreciation
As at 1 August 2024	72,236	20,084	49,494	12,066
Provided during the period	18,297	5,021	16,498	3,019

As at 31 July 2025	90,533	25,105	65,992	15,085

Net Book Value
As at 31 July 2025	275,409	(1 )	(2 )	9,090

As at 1 August 2024	293,706	5,020	16,496	12,109


	Computer Equipment	Total
	£	£
Cost
As at 1 August 2024	1,331	482,542

As at 31 July 2025	1,331	482,542

...CONTINUED

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AN Film And Television Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

Depreciation
As at 1 August 2024	1,175	155,055
Provided during the period	266	43,101

As at 31 July 2025	1,441	198,156

Net Book Value
As at 31 July 2025	(110 )	284,386

As at 1 August 2024	156	327,487

5. Investment Property

	2025
	£
Fair Value
As at 1 August 2024 and 31 July 2025	91,351

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

	2025	2024
	£	£
Cost	91,351	91,351

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	978	21,737
Corporation tax recoverable assets	3,761	4,240
Deferred tax current asset	1,126	5,514
Other taxes and social security	190	-

	6,055	31,491

7. Current Asset Investments

	2025	2024
	£	£
Unlisted investments	30,000	30,000

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	8,785	5,878
Bank loans and overdrafts	9,527	19,261
Other taxes and social security	-	892
VAT	136	-
Accruals and deferred income	2,993	2,993
Director's loan account	31	328

	21,472	29,352

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AN Film And Television Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	25,333	35,511

10. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	8,785	5,878
Later than one year and not later than five years	25,333	35,511

	34,118	41,389

	34,118	41,389

11. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
1 Ordinary Shares of £ 1.00 each	1	1

12. Directors Advances, Credits and Guarantees

Included within Creditors are the following loans from directors:

	As at 1 August 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 July 2025
	£	£	£	£	£
Mr Allan Niblo	(328 )	(850 )	1,147	-	(31 )

The above loan from the director is unsecured, interest free and repayable on demand.

Dividends paid to directors

	2025	2024
	£	£
Allan Niblo	12,000	63,000

13. Dividends

	2025	2024
	£	£
On equity shares:
Interim dividend paid	12,000	63,000

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AN Film And Television Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

14. Reserves

	Profit and Loss Account
	£
As at 1 August 2024	587,672
Loss for the year and total comprehensive income	(54,597 )

Dividends paid	(12,000)

As at 31 July 2025	521,075

15. Ultimate Controlling Party

The company's ultimate controlling party is Allan Niblo by virtue of his ownership of 100% of the issued share capital in the company.

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		284,386		327,487
Investment Properties	5		91,351		91,351

			375,737		418,838
CURRENT ASSETS
Debtors	6	6,055		31,491
Investments	7	30,000		30,000
Cash at bank and in hand		156,089		172,207

		192,144		233,698
Creditors: Amounts Falling Due Within One Year	8	(21,472 )		(29,352 )

NET CURRENT ASSETS (LIABILITIES)			170,672		204,346

TOTAL ASSETS LESS CURRENT LIABILITIES			546,409		623,184

Creditors: Amounts Falling Due After More Than One Year	9		(25,333 )		(35,511 )

NET ASSETS			521,076		587,673

CAPITAL AND RESERVES
Called up share capital	11		1		1
Profit and Loss Account			521,075		587,672

SHAREHOLDERS' FUNDS			521,076		587,673