Company registration number 13018694 (England and Wales)
PIGMENT PRODUCTIONS (HOLDINGS) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
PAGES FOR FILING WITH REGISTRAR
PIGMENT PRODUCTIONS (HOLDINGS) LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 6
PIGMENT PRODUCTIONS (HOLDINGS) LIMITED
BALANCE SHEET
AS AT
30 NOVEMBER 2025
30 November 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investments
3
1,601,831
1,590,281
Current assets
Debtors
4
292,103
-
0
Creditors: amounts falling due within one year
5
(2,689)
(8)
Net current assets/(liabilities)
289,414
(8)
Total assets less current liabilities
1,891,245
1,590,273
Creditors: amounts falling due after more than one year
6
(290,448)
(290,488)
Net assets
1,600,797
1,299,785
Capital and reserves
Called up share capital
8
42
100
Share premium account
326,009
317,946
Other reserves
11,550
-
0
Profit and loss reserves
1,263,196
981,739
Total equity
1,600,797
1,299,785

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

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 4 August 2026 and are signed on its behalf by:
L J Burbidge
Director
Company registration number 13018694 (England and Wales)
PIGMENT PRODUCTIONS (HOLDINGS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 2 -
1
Accounting policies
Company information

Pigment Productions (Holdings) Limited is a private company limited by shares incorporated in England and Wales. The registered office is Chadwick House, Off Grange Avenue, Harrogate, North Yorkshire, HG1 2AN.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost. The principal accounting policies adopted are set out below.

1.2
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

1.3
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.4
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

PIGMENT PRODUCTIONS (HOLDINGS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
1
Accounting policies
(Continued)
- 3 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.5
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
3
3
3
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
1,601,831
1,590,281
Movements in fixed asset investments
Shares in subsidiaries
£
Cost or valuation
At 1 December 2024
1,590,281
Additions
11,550
At 30 November 2025
1,601,831
Carrying amount
At 30 November 2025
1,601,831
At 30 November 2024
1,590,281
PIGMENT PRODUCTIONS (HOLDINGS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 4 -
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
281,479
-
0
Other debtors
10,624
-
0
292,103
-
0
5
Creditors: amounts falling due within one year
2025
2024
£
£
Amounts owed to group undertakings
8
8
Taxation and social security
2,681
-
0
2,689
8
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
290,448
290,488
7
Share-based payment transactions
Number of share options
Weighted average exercise price
2025
2024
2025
2024
Number
Number
£
£
Outstanding at 1 December 2024
222
222
35.78
35.78
Granted
855
-
0
0.01
-
0
Exercised
(222)
0
-
0
35.78
-
0
Outstanding at 30 November 2025
855
222
0.01
35.78
Exercisable at 30 November 2025
-
0
-
0
-
0
-
0
PIGMENT PRODUCTIONS (HOLDINGS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
7
Share-based payment transactions
(Continued)
- 5 -

For the award during the year, the company valued the options by reference to the Black-Scholes method, with inputs detailed below. No disclosure is provided on the fair value of the Group's shares on grounds of confidentiality.

Inputs were as follows:
2025
2024
Weighted average exercise price
0.01
-
Expected volatility
55.38
-
Expected life
7.00
-
Risk free rate
4.75
-
Expected dividends yields
19.62
-
8
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of 1p each
10
100
10
100
Ordinary A shares of 1p each
10
0
10
-
0
Ordinary B shares of 10p each
22
0
22
-
0
42
100
42
100
PIGMENT PRODUCTIONS (HOLDINGS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 6 -
9
Directors' transactions
Loans
% Rate
Opening balance
Amounts advanced
Closing balance
£
£
£
Loan
-
-
7,943
7,943
-
7,943
7,943
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