REGISTERED NUMBER: 07800134 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

Millstream Productions Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

B I Cloud

REGISTERED OFFICE:

24 Queen Street

Emsworth

Hampshire

PO10 7BL

REGISTERED NUMBER:

07800134 (England and Wales)

ACCOUNTANTS:

Andrew Spencer Associates Limited

Chartered Certified Accountants

328 Chatsworth Avenue

Cosham

Portsmouth

Hampshire

PO6 2UP

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

57,170

67,413

57,170

67,413

CURRENT ASSETS

Debtors

6

80,910

81,321

Cash at bank

242,974

185,789

323,884

267,110

CREDITORS

Amounts falling due within one year

7

(82,420

)

(38,293

)

NET CURRENT ASSETS

241,464

228,817

TOTAL ASSETS LESS CURRENT LIABILITIES

298,634

296,230

PROVISIONS FOR LIABILITIES

(13,626

)

(15,951

)

NET ASSETS

285,008

280,279

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

284,908

280,179

SHAREHOLDERS' FUNDS

285,008

280,279

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 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 30 July 2026 and were signed by:

B I Cloud - Director

1.	STATUTORY INFORMATION

Millstream Productions 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.

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.

The financial statements relate to Millstream Productions Limited as an individual entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer Equipment is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 20% on cost

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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 13 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 November 2024

and 31 October 2025

16,984

AMORTISATION

At 1 November 2024

and 31 October 2025

16,984

NET BOOK VALUE

At 31 October 2025

-

At 31 October 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2024

227,616

Additions

16,377

At 31 October 2025

243,993

DEPRECIATION

At 1 November 2024

160,203

Charge for year

26,620

At 31 October 2025

186,823

NET BOOK VALUE

At 31 October 2025

57,170

At 31 October 2024

67,413

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

70,649

70,497

Amounts owed by participating interests

1,270

1,270

Other debtors

8,991

9,554

80,910

81,321

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade creditors

11,716

6,266

Taxation and social security

66,293

27,527

Other creditors

4,411

4,500

82,420

38,293

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.10.25

31.10.24

£

£

Within one year

30,422

25,446

Between one and five years

98,279

23,111

128,701

48,557