Shackleton Films Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—4

Registered number: 13601257

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		11,475		15,667

			11,475		15,667
CURRENT ASSETS
Debtors	5	916		4,973
Cash at bank and in hand		12,256		13,662

		13,172		18,635
Creditors: Amounts Falling Due Within One Year	6	(24,429 )		(34,051 )

NET CURRENT ASSETS (LIABILITIES)			(11,257 )		(15,416 )

TOTAL ASSETS LESS CURRENT LIABILITIES			218		251

NET ASSETS			218		251

CAPITAL AND RESERVES
Called up share capital	8		1		1
Profit and Loss Account			217		250

SHAREHOLDERS' FUNDS			218		251

For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr John Shackleton

Director

3rd June 2026

The notes on pages 2 to 4 form part of these financial statements.

1. General Information

Shackleton Films Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13601257 . The registered office is 81 Hillcrest Drive, Southdown, Bath, United Kingdom, BA2 1HE.

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. 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.

2.3. 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:

Plant & Machinery	15% Straight Line Method
Motor Vehicles	25% Straight Line Method
Computer Equipment	33% Reducing Balance Method

2.4. 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.

2.5. Taxation

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

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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

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Shackleton Films Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 October 2024	25,307	-	3,240	28,547
Additions	-	1,000	882	1,882
Disposals	(2,800 )	-	-	(2,800 )

As at 30 September 2025	22,507	1,000	4,122	27,629

Depreciation
As at 1 October 2024	11,460	-	1,420	12,880
Provided during the period	3,549	42	978	4,569
Disposals	(1,295 )	-	-	(1,295 )

As at 30 September 2025	13,714	42	2,398	16,154

Net Book Value
As at 30 September 2025	8,793	958	1,724	11,475

As at 1 October 2024	13,847	-	1,820	15,667

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	730
Prepayments and accrued income	16	370
Other Debtors - See + Quin Limited	900	900
Directors' loan accounts	-	2,973

	916	4,973

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	1,067	2,255
Bank loans and overdrafts	-	4,300
Corporation tax	3,032	8,626
VAT	4,069	5,155
Other creditors - The Sleeping Room	616	287
Accruals	1,463	1,245
Pension control account	-	2,183
Other creditor - Alwillengine	10,000	10,000
Other creditors - Super Natural & Olaus Roe	1,650	-
Directors' loan accounts	2,532	-

	24,429	34,051

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Shackleton Films Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

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