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COMPANY REGISTRATION NUMBER: 14430301

TT2022 SPV Limited

Filleted Unaudited Accounts

31 December 2025

TT2022 SPV Limited

Statement of Financial Position

31 December 2025

| 2025 | 2024
Note | £ | £

Current assets

Work in progress | 572,466 | 3,734,974
Debtors | 5 | 873,898 | 2,315,766
Cash at bank and in hand | 1,434,276 | 1,500,423
| ------------ | ------------
| 2,880,640 | 7,551,163

Creditors: amounts falling due within one year | 6 | ( 2,879,640) | ( 7,550,163)
| ------------ | ------------
Net current assets | 1,000 | 1,000
| ------- | -------
Total assets less current liabilities | 1,000 | 1,000
| ------- | -------
Net assets | 1,000 | 1,000
| ------- | -------

Capital and reserves

Called up share capital | 1,000 | 1,000
| ------- | -------
Shareholders funds | 1,000 | 1,000
| ------- | -------

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 ;
- 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 were approved by the board of directors and authorised for issue on 30 June 2026 , and are signed on behalf of the board by:

P A K Agerbech
Director

Company registration number: 14430301

TT2022 SPV Limited

Notes to the Accounts

Year ended 31 December 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Browne Jacobson Llp (Cs), 15th Floor, 6 Bevis Marks, London, EC3A 7BA, England.
2. Statement of compliance
These accounts have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The accounts have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The accounts are prepared in sterling, which is the functional currency of the entity
Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Going concern
After making enquiries, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements. In establishing whether to continue to report under the going concern assumption we have considered the following points: - The impact on the day to day trade of the business - The impact on the ability of our suppliers to meet our needs - The impact of our staff's ability to perform their duties - The impact on our cash position of a period of minimum activity A detailed budget and cashflow have been prepared for the production and delivery of the animation series. Funds to meet the cashflow requirements are contractually in place and the directors do not anticipate any material overspend. After considering all factors, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the accounts.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying small entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under section 1A of FRS 102: (a) No cash flow statement has been presented for the company. (b) Disclosures in respect of financial instruments have not been presented
Judgements and key sources of estimation uncertainty
There are no material judgements or estimates used in the preparation of these financial statements.
Revenue recognition
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added taxes and other sales taxes. Revenue is recognised on episodic delivery of the programme.
Work in progress
Work-in-progress relates to direct production costs, net of tax credits, subsidies and grants, incurred on productions not delivered during the period. Production costs are recognised in the profit and loss accounts as soon as the animation is delivered and the related production revenue is recognised.
Government grants
Grants relating to revenue are recognised in work in progress on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate.
A grant that becomes receivable as compensation for expenses or losses already incurred, or for the purpose of giving immediate financial support to the entity with no future related costs, is recognised in income in the period in which it becomes receivable.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Intra-group borrowings are debt instruments and are initially measured at present value of the future cash flows and subsequently at amortised cost using an effective interest method.
4. Employees
The company has been incorporated to produce an animation series entitled "Tim Rex". In common with the animation production industry the majority of crew are hired on short term contracts for the duration of principal photography or are self-employed.
None of the Directors received any form of remuneration.
5. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 347,864 | 1,391,455
Prepayments and accrued income | 97,114 | 74,244
VAT recoverable | 3,405 | 32,530
Government grant recoverable | 424,515 | 816,537
Other debtors | 1,000 | 1,000
| --------- | ------------
| 873,898 | 2,315,766
| --------- | ------------

6. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Trade creditors | 18,460 | 398,417
Accruals and deferred income | 2,436,665 | 6,335,209
Production Loan | 424,515 | 816,537
| ------------ | ------------
| 2,879,640 | 7,550,163
| ------------ | ------------

The loan has been secured against the anticipated future audio-visual expenditure credit.
7. Related party transactions
The company has taken advantage of the exemption, under the terms of FRS 102 Paragraph 33.1A, not to disclose related party transactions with wholly owned subsidiaries within the group. During the period all related party transactions that took place related to the production of the animation entitled "Tim Rex" and arose on an arm's-length basis through the normal course of business. As such, no further transactions with related parties were undertaken such as are required to be disclosed under FRS 102 Section 1A.
8. Controlling party
The immediate parent company is Mint Studios Limited, a company incorporated in the United Kingdom. The ultimate parent undertaking is Mint Copenhagen ApS, a company incorporated in Denmark.