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Registration number: 14508689

Renegade Stories Ltd Unaudited Financial Statements for the Year Ended 31 March 2026
Brebners Chartered Accountants 130 Shaftesbury Avenue London W1D 5AR

Renegade Stories Ltd

Contents

Company Information | 1
Statement of Financial Position | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 8

Renegade Stories Ltd

Company Information

Directors | A Y Cooke A D Hayling

Registered office | 10 Burlington Road London N10 1NJ

Accountants | Brebners Chartered Accountants 130 Shaftesbury Avenue London W1D 5AR

Renegade Stories Ltd

Statement of Financial Position as at 31 March 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Tangible assets | 4 | 30,158 | 40,011
Current assets |  |  |
Work in progress | 5 | 30,360 | 187,908
Debtors | 6 | 204,714 | 124,299
Cash at bank and in hand |  | 31,562 | 57,735
|  | 266,636 | 369,942
Creditors: Amounts falling due within one year | 7 | (176,857) | (416,150)
Net current assets/(liabilities) |  | 89,779 | (46,208)
Total assets less current liabilities |  | 119,937 | (6,197)
Creditors: Amounts falling due after more than one year | 7 | (24,188) | (27,647)
Provisions for liabilities |  | (7,540) | -
Net assets/(liabilities) |  | 88,209 | (33,844)
Capital and reserves |  |  |
Called up share capital |  | 125 | 125
Retained earnings |  | 88,084 | (33,969)
Shareholders' funds/(deficit) |  | 88,209 | (33,844)

For the financial year ending 31 March 2026 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; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The directors of Renegade Stories Ltd have elected not to include a copy of the Income Statement within the financial statements, in accordance with the special provisions relating to companies subject to the small companies regime within the Companies Act 2006, s444.

Renegade Stories Ltd

Statement of Financial Position as at 31 March 2026

Approved and authorised by the Board on 17 August 2026 and signed on its behalf by:

.........................................

A Y Cooke

Director

Company registration number: 14508689

Renegade Stories Ltd

Notes to the Unaudited Financial Statements
for the Year Ended 31 March 2026

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
10 Burlington Road
London
N10 1NJ

The principal activity of the company is that of the provision of production services for film and television

2 | Accounting policies

Statement of compliance

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' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Going concern

The company made a profit for the year ended 31 March 2026 and had net assets of £88,209 at that date. The latest management accounts show that the company continued to trade profitably thereafter.
On the basis of the above, the directors have a reasonable expectation that the company has adequate resources to remain in operational existence for the foreseeable future. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company's activities and is shown net of sales/value added tax, returns, rebates and discounts.
Revenue is recognised in accordance with the contractual stage of completion. Where projects are funded, income in respect of project funding is recognised against the costs to which it relates or otherwise deferred on the statement of financial position until the performance obligations have been fulfilled.

Renegade Stories Ltd

Notes to the Unaudited Financial Statements
for the Year Ended 31 March 2026

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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 taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Fixtures, fittings and equipment | 20% straight line
Motor vehicles | 25% straight line

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Work in Progress

Work in progress comprises the costs of producing and developing television programmes. It is written off to the profit or loss as programs are recouped or sold. Where work in progress is impaired, the carrying amount is reduced to realisable value, with impaired loss recognised immediately on profit or loss.

Renegade Stories Ltd

Notes to the Unaudited Financial Statements
for the Year Ended 31 March 2026

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the income statement over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Finance leases and hire purchase

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the Statement of Financial Position as a finance lease obligation.
Lease payments are apportioned between finance costs in the Income Statement and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.
Assets held under hire purchase contracts are capitalised at the lesser of fair value or present value of minimum lease payments in the statement of financial position. The present value of the minimum lease payments is calculated using the interest rate implicit in the lease. A corresponding liability is recognised at the same value in the statement of financial position. The asset is then depreciated over its useful life.
The minimum lease payments are apportioned between the finance charge recognised in the income statement and the reduction of the outstanding liability using the effective interest method. The finance charge in each period is allocated so as to produce a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company during the year, was 1 (2025 - 2).

Renegade Stories Ltd

Notes to the Unaudited Financial Statements
for the Year Ended 31 March 2026

4 | Tangible assets

| Motor vehicles £ | Fixtures, fittings and equipment £ | Total £
Cost or valuation
At 1 April 2025 | 43,414 | 10,877 | 54,291
Additions | - | 3,589 | 3,589
At 31 March 2026 | 43,414 | 14,466 | 57,880
Depreciation
At 1 April 2025 | 9,949 | 4,331 | 14,280
Charge for the year | 10,854 | 2,588 | 13,442
At 31 March 2026 | 20,803 | 6,919 | 27,722
Carrying amount
At 31 March 2026 | 22,611 | 7,547 | 30,158
At 31 March 2025 | 33,465 | 6,546 | 40,011

5 | Stocks

| 2026 £ | 2025 £
Work in progress | 30,360 | 187,908

6 | Debtors

| 2026 £ | 2025 £
Trade debtors | 17,886 | 268
Other debtors | 186,828 | 124,031
| 204,714 | 124,299

Renegade Stories Ltd

Notes to the Unaudited Financial Statements
for the Year Ended 31 March 2026

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2026 £ | 2025 £
Loans and borrowings | 8 | 3,459 | 3,328
Trade creditors |  | 1,947 | 7,316
Taxation and social security |  | - | 479
Accruals |  | 16,501 | 48,104
Other creditors |  | 154,950 | 356,923
|  | 176,857 | 416,150

Creditors: amounts falling due after more than one year

| Note | 2026 £ | 2025 £
Loans and borrowings | 8 | 24,188 | 27,647

8 | Loans and borrowings

Due within one year

| 2026 £ | 2025 £
Finance lease commitments | 3,459 | 3,328

Due after more than one year

| 2026 £ | 2025 £
Finance lease commitments | 24,188 | 27,647

Obligations under finance leases are secured on the motor vehicles shown in note 5.