REGISTERED NUMBER: 03660984 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Grasshopper Films Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

CR Spencer

REGISTERED OFFICE:

2 Rio House

Eaton Place

Brighton

East Sussex

BN2 1EH

REGISTERED NUMBER:

03660984 (England and Wales)

ACCOUNTANTS:

Lawrence & Company

26 Bell Street

Sawbridgeworth

Hertfordshire

CM21 9AN

FIXED ASSETS

Property, plant and equipment

4

1,379

1,161

CURRENT ASSETS

Debtors

5

7,532

4,183

Cash at bank

113

7,109

7,645

11,292

CREDITORS

Amounts falling due within one year

6

9,022

11,088

NET CURRENT (LIABILITIES)/ASSETS

(1,377

)

204

TOTAL ASSETS LESS CURRENT LIABILITIES

2

1,365

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

-

1,363

SHAREHOLDERS' FUNDS

2

1,365

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

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

The director acknowledges her 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 July 2026 and were signed by:

CR Spencer - Director

1.	STATUTORY INFORMATION

Grasshopper Films 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.

Revenue

Revenue 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 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.

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 year 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 year was 1 (2025 - 1 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 April 2025

24,979

Additions

680

At 31 March 2026

25,659

DEPRECIATION

At 1 April 2025

23,818

Charge for year

462

At 31 March 2026

24,280

NET BOOK VALUE

At 31 March 2026

1,379

At 31 March 2025

1,161

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

947

947

Other debtors

6,585

3,236

7,532

4,183

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Taxation and social security

7,772

9,135

Other creditors

1,250

1,953

9,022

11,088

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the reporting date a balance of £6,249 (2025 - £703 payable by the company) was payable to the company by the director and controlling party. This balance is included within debtors amounts falling due within one year (2025 - creditors amounts falling due within one year) and will be repaid to the company by 1 January 2027.