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Registered number: 15446114 M R PRODUCTION WORLD TOUR LIMITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE PERIOD ENDED 28 DECEMBER 2025
M R PRODUCTION WORLD TOUR LIMITED REGISTERED NUMBER: 15446114 STATEMENT OF FINANCIAL POSITION AS AT 28 DECEMBER 2025
|  | 28 December |  | 21 April
|  | 2025 |  | 2025
Note |  | £ |  | £
Current assets |  |  |  |  |
Stocks | 5 | 4,556,875 |  | 6,155,266 |
Debtors: amounts falling due within one year | 6 | 7,558,963 |  | 4,919,347 |
Cash at bank and in hand |  | 4,489,143 |  | 2,328,241 |
|  | 16,604,981 |  | 13,402,854 |
Creditors: amounts falling due within one year | 7 | (7,512,354) |  | (11,418,568) |
Net current assets |  |  | 9,092,627 |  | 1,984,286
Total assets less current liabilities |  |  | 9,092,627 |  | 1,984,286
Provisions for liabilities |  |  |  |  |
Other provisions | 8 | (2,178,115) |  | - |
|  |  | (2,178,115) |  | -
Net assets |  |  | 6,914,512 |  | 1,984,286
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 1 |  | 1
Profit and loss account |  |  | 6,914,511 |  | 1,984,285
|  |  | 6,914,512 |  | 1,984,286
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 18 August 2026.
C T Pavlovic
Director
The notes on pages 2 to 7 form part of these financial statements. Page 1
M R PRODUCTION WORLD TOUR LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 28 DECEMBER 2025
1. | General information
M R Production World Tour Limited is a private company limited by shares incorporated in England and Wales. The registered office is 124 Finchley Road, London, United Kingdom, NW3 5JS. 2.Accounting policies
| 2.1 | Reporting period
The comparative information reflects a 4 month period to 21 April 2025. The current period reflects an 8 month period ended 28 December 2025. The results for both periods are therefore not comparable.
| 2.2 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006. 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.
| 2.3 | Foreign currency translation
Functional and presentation currency The Company's functional and presentational currency is GBP rounded to the nearest £. Transactions and balances Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.
| 2.4 | Revenue
Revenue comprises of box office sales received or receivable , net of commission, banking charges and value added tax. Turnover from the sale of theatre tickets is recognised on the date the performance takes place. Turnover generated from commission on sale of merchandise is recognised on the date the sale takes place. Statements are received in arrears of the performance date, therefore an adjustment is made at the year end and income is accrued accordingly. Page 2
M R PRODUCTION WORLD TOUR LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 28 DECEMBER 2025 2.Accounting policies (continued)
| 2.5 | Pensions
Defined contribution pension plan The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.
| 2.6 | Taxation
Tax is recognised in the Statement of Income and Retained Earnings. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income. The Company is eligible to claim a tax credit on theatre production costs; the tax credit comprises relief based on total net costs and an additional deduction for enhanceable expenditure. The Company claims a payment based on the amount of enhanced expenditure and carries losses arising from total net costs forward against future profits.
| 2.7 | Stocks - Production costs
The company capitalises pre-production costs incurred subsequent to the opening of a new production to the extent that the directors have a reasonable belief that the production will recoup. All relevant expenditure is capitalised as pre-production costs and the company does not distinguish between the cost of physical assets, such as the set, and the development of broader aspects of the show, as the distinction is not useful and the expenditure is considered as a whole. The amortisation period commenced from the date the production opened in April 2025 and will conclude when the production closes in September 2027. The estimated life of the production is under continual re-assessment, with the impact of any changes to the estimated life on the amortisation period being accounted for prospectively.
| 2.8 | Provisions for liabilities
Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made. Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties. Increases in provisions are generally charged as an expense to profit or loss. Page 3
M R PRODUCTION WORLD TOUR LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 28 DECEMBER 2025 2.Accounting policies (continued)
| 2.9 | Financial instruments
The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments. Basic financial assets Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, 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. Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments. Basic 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 the deduction of all its liabilities. Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial. Debt instruments are subsequently carried at their amortised cost using the effective interest rate method. Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial. Page 4
M R PRODUCTION WORLD TOUR LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 28 DECEMBER 2025
3. | Judgments in applying accounting policies and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the reporting date and the amounts reported for revenues and expenses during the period. However, the nature of estimation means that actual outcomes could differ from those estimates. Accruals The company makes an estimate of accruals at the reporting date based on invoices received after the period end and work undertaken which has not been invoiced based on quotations or estimates of amounts that may be due for payment. Recast provision The Company recognises a recast provision to reflect the expected costs associated with replacing principal cast members during the run of the world tour. The timing and amount of these costs are inherently uncertain because cast changes can occur due to illness, injury, personal circumstances, or contractual renegotiations. Management reassesses the provision at each reporting date based on the latest information regarding cast stability, contractual terms, and historical recast patterns for similar productions.
4. | Employees
| The average monthly number of employees, including directors, during the period was 65 (2025 - 37).
5. | Stocks
|  |  |  |  | 28 December | 21 April
|  |  |  |  | 2025 | 2025
|  |  |  |  | £ | £
| Theatre production costs | 4,556,875 | 6,155,266
6. | Debtors
|  |  |  |  | 28 December | 21 April
|  |  |  |  | 2025 | 2025
|  |  |  |  | £ | £
| Trade debtors | 3,446,929 | -
| Amounts owed by group undertakings | 30 | -
| Other debtors | 10,738 | 698,952
| Prepayments and accrued income | 722,044 | 1,758,362
| Tax recoverable | 3,379,222 | 2,462,033
|  | 7,558,963 | 4,919,347
Page 5
M R PRODUCTION WORLD TOUR LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 28 DECEMBER 2025 6.Debtors (continued)
| Amounts owed by group undertakings are interest free and repayable on demand.
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 28 December | 21 April
|  |  |  |  | 2025 | 2025
|  |  |  |  | £ | £
| Trade creditors | 68,669 | 394,747
| Amounts owed to group undertakings | 4,613,774 | 9,691,407
| Other taxation and social security | 664,703 | 16,991
| Other creditors | 475,427 | 6,212
| Accruals and deferred income | 1,689,781 | 1,309,211
|  | 7,512,354 | 11,418,568
| Amounts owed to group undertakings are interest free and repayable on demand.
8. | Provisions
|  | Recast provision
|  | £
| Charged to profit or loss | 2,178,115
| At 28 December 2025 | 2,178,115
9. | Pension commitments
The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £79,796 (21 April 2025: £9,805). Contributions totalling £nil (21 April 2025: £6,212) were payable to the fund at the reporting date and are included in creditors. Page 6
M R PRODUCTION WORLD TOUR LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 28 DECEMBER 2025
10. | Related party transactions
| MRB Musical LLC C Pavlovic is a manager of the managing member of this company. During the year the company was charged amounts totalling £257,809 (21 April 2025: £nil) by MRB Musical LLC. No amounts were outstanding at the reporting date. MRTM Production Services Unit Trust G Ryan and C Pavlovic are directors of this company. During the period the company was charged amounts totalling £1,256,830 (21 April 2025: £727,000) from MRTM Production Services Unit Trust. At the reporting date the company owed £92,512 (21 April 2025: £nil) to MRTM Production Services Unit Trust. The company is a wholly owned subsidiary within a group for which consolidated financial statements are publicly available and accordingly has taken advantage of the exemptions provided by Financial Reporting Standard 102 not to disclose transactions with the other group entities including its parent and fellow subsidiary undertakings.
11. | Controlling party
The immediate parent company is Global Creatures UK Limited, by virtue of its 100% ownership of the issued share capital of the company and which is the UK parent undertaking consolidating these financial statements. Copies of Global Creatures UK Limited consolidated financial statements can be obtained from 124 Finchley Road, London, England, NW3 5JS. Global Creatures UK Limited is 100% owned by Global Creatures Unit Trust, an entity incorporated in Australia. The ultimate beneficial owner of the world wide group is Mr G Ryan.
12. | Auditors' information
The auditors' report on the financial statements for the period ended 28 December 2025 was unqualified. The audit report was signed on 18 August 2026 by Anthony Pins (Senior Statutory Auditor) on behalf of Nyman Libson Paul LLP.
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