REGISTERED NUMBER: 08746463 (England and Wales)

PREFECT PICTURES LTD.

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

Mr M J Barry

REGISTERED OFFICE:

9 Plas-Y-Llan

Whitchurch

Cardiff

CF14 2AF

REGISTERED NUMBER:

08746463 (England and Wales)

ACCOUNTANTS:

Carston ETL

Tudor House

16 Cathedral Road

Cardiff

CF11 9LJ

FIXED ASSETS

Tangible assets

4

4,346

2,437

CURRENT ASSETS

Debtors

5

93,622

92,821

Cash at bank

133,546

106,505

227,168

199,326

CREDITORS

Amounts falling due within one year

6

41,771

38,893

NET CURRENT ASSETS

185,397

160,433

TOTAL ASSETS LESS CURRENT LIABILITIES

189,743

162,870

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

189,742

162,869

SHAREHOLDERS' FUNDS

189,743

162,870

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 10th June 2026 and were signed by:

Mr M J Barry - Director

1.	STATUTORY INFORMATION

Prefect Pictures 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.

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.

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.

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1st April 2025

6,772

Additions

3,358

At 31st March 2026

10,130

DEPRECIATION

At 1st April 2025

4,335

Charge for year

1,449

At 31st March 2026

5,784

NET BOOK VALUE

At 31st March 2026

4,346

At 31st March 2025

2,437

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

1,658

857

Amounts owed by group undertakings

89,476

89,476

Other debtors

2,488

2,488

93,622

92,821

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

38,377

36,852

Other creditors

3,394

2,041

41,771

38,893

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

1

Ordinary

£1

1

1