IRIS Accounts Production v26.1.10.61 NI716675 Board of Directors 5.6.24 30.6.25 30.6.25 0 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh NI716675 2024-06-04 NI716675 2025-06-30 NI716675 2024-06-05 2025-06-30 NI716675 2024-06-04 NI716675 ns15:NorthernIreland 2024-06-05 2025-06-30 NI716675 ns14:PoundSterling 2024-06-05 2025-06-30 NI716675 ns10:Director1 2024-06-05 2025-06-30 NI716675 ns10:PrivateLimitedCompanyLtd 2024-06-05 2025-06-30 NI716675 ns10:SmallEntities 2024-06-05 2025-06-30 NI716675 ns10:AuditExempt-NoAccountantsReport 2024-06-05 2025-06-30 NI716675 ns10:SmallCompaniesRegimeForDirectorsReport 2024-06-05 2025-06-30 NI716675 ns10:SmallCompaniesRegimeForAccounts 2024-06-05 2025-06-30 NI716675 ns10:FullAccounts 2024-06-05 2025-06-30 NI716675 ns10:Director2 2024-06-05 2025-06-30 NI716675 ns10:Director3 2024-06-05 2025-06-30 NI716675 ns10:Director4 2024-06-05 2025-06-30 NI716675 ns10:Director5 2024-06-05 2025-06-30 NI716675 ns10:RegisteredOffice 2024-06-05 2025-06-30 NI716675 ns5:CurrentFinancialInstruments 2025-06-30 NI716675 ns5:Non-currentFinancialInstruments 2025-06-30 NI716675 ns5:ShareCapital 2025-06-30 NI716675 ns5:RetainedEarningsAccumulatedLosses 2025-06-30 NI716675 1 2024-06-05 2025-06-30 NI716675 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-06-30 NI716675 ns5:Non-currentFinancialInstruments 2024-06-05 2025-06-30

REGISTERED NUMBER: NI716675 (Northern Ireland)

Unaudited Financial Statements

for the Period 5 June 2024 to 30 June 2025

for

Unbroken Pictures Ltd

Unbroken Pictures Ltd (Registered number: NI716675)

Contents of the Financial Statements

for the Period 5 June 2024 to 30 June 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Unbroken Pictures Ltd

Company Information

for the Period 5 June 2024 to 30 June 2025

| DIRECTORS: | K Bradbury

| E Izat

| R N Johnston

| T R Richane

| J Waddell

| REGISTERED OFFICE: | Unit 420 Moat House Business Centre

| 54 Bloomfield Avenue

| Belfast

| BT5 5AD

| REGISTERED NUMBER: | NI716675 (Northern Ireland)

| ACCOUNTANTS: | We`ll Mind Your Own Business LTD

| 39 Long Acre

| London

| WC2E 9LG

Unbroken Pictures Ltd (Registered number: NI716675)

Balance Sheet

30 June 2025

| Notes | £ |

| CURRENT ASSETS

| Debtors | 4 | 189,495 |  |

| Cash at bank | 184,373 |  |

373,868 |  |

| CREDITORS

| Amounts falling due within one year | 5 | 40,118 |  |

| NET CURRENT ASSETS | 333,750 |  |

| TOTAL ASSETS LESS CURRENT LIABILITIES | 333,750 |  |

| CREDITORS

| Amounts falling due after more than one year | 6 | 150,400 |  |

| NET ASSETS | 183,350 |  |

| CAPITAL AND RESERVES

| Called up share capital | 300 |  |

| Retained earnings | 183,050 |  |

183,350 |  |

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 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.

Unbroken Pictures Ltd (Registered number: NI716675)

Balance Sheet - continued

30 June 2025

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 5 June 2026 and were signed on its behalf by:

R N Johnston - Director

Unbroken Pictures Ltd (Registered number: NI716675)

Notes to the Financial Statements

for the Period 5 June 2024 to 30 June 2025

1. | STATUTORY INFORMATION

| Unbroken Pictures Ltd is a private company, limited by shares , registered in Northern Ireland. 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. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

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

| Critical accounting judgements and key sources of estimation uncertainty

| AVEC Tax Credit Estimate

| During the year, the company was engaged in the production of a qualifying independent film and has claimed the Audio-Visual Expenditure Credit (AVEC) under the UK government’s creative industry tax reliefs.

| The key accounting estimate relates to the assessment of the value of qualifying expenditure in accordance with HMRC legislation and guidance, together with the assessment of whether the underlying production meets the eligibility criteria for the credit. The estimate is based on management’s judgement of qualifying costs incurred to date and the expected level of eligible expenditure over the course of the production.

| Turnover

| Production Revenue

| Production revenue represents funding received in connection with the development and production of the film. Revenue is recognised when the company becomes entitled to the funding and the associated conditions have been met, in accordance with FRS 102 Section 1A.

| Where funding is provided to support specific production activities, revenue is recognised in line with the related expenditure incurred. Revenue is stated net of any amounts repayable and excluding VAT.

| Taxation

| Taxation for the period 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 balance sheet date.

Unbroken Pictures Ltd (Registered number: NI716675)

Notes to the Financial Statements - continued

for the Period 5 June 2024 to 30 June 2025

2. | ACCOUNTING POLICIES - continued

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was NIL.

4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

£ |

| Trade debtors | 6,000 |  |

| Other debtors | 472 |  |

| Tax | 134,663 |  |

| Deferred tax asset | 44,888 |  |

| VAT | 3,472 |  |

189,495 |  |

5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

£ |

| Trade creditors | 36,618 |  |

| Accruals and deferred income | 3,500 |  |

40,118 |  |

6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

£ |

| Other creditors | 150,400 |  |

| The balance included within other creditors due after more than one year represents funding received in connection with the production of the film. Under the terms of the funding agreement, the amount is repayable only if and when the film is acquired by a broadcaster or otherwise generates sufficient proceeds to trigger repayment. Until such time, the funding remains unsecured and repayable on a contingent basis.