PASSIONATE PICTURES LIMITED

PASSIONATE PICTURES LIMITED
Balance Sheet
As at 30 November 2025

	Notes	30/11/2025 £	30/11/2024 £
Current assets
Work in progress	3	0	1,081,097
Debtors	4	36,240	542,577
Cash at bank and in hand		162	519
		36,402	1,624,193
Creditors: amount falling due within one year	5	(168,300)	(124,083)
Net current assets		(131,898)	1,500,110

Total assets less current liabilities		(131,898)	1,500,110
Creditors: amount falling due after more than one year	6	0	(19,750)
Accruals and deferred income		0	(1,485,000)
Net assets		(131,898)	(4,640)

Capital and reserves
Called up share capital		10	10
Profit and loss account		(131,908)	(4,650)
Shareholders' funds		(131,898)	(4,640)

For the 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.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period 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 accounts.

These 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 profit and loss account has not been delivered to the Registrar of Companies.

The financial statements were approved by the director on 30 July 2026 and were signed by:

-------------------------------
Harsh KEDIA
Director

PASSIONATE PICTURES LIMITED
Notes to the Financial Statements
For the year ended 30 November 2025

General Information

Passionate Pictures Limited is a private company, limited by shares, registered in England and Wales, registration number 14673521, registration address 23 Guernsey Place, Three Mile Cross, Reading, England, RG7 1FZ.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. The Company produced the British qualifying film titled as "Oporichito" (the Film). The turnover recognised by the Company relates only to this Film.

Cost of sales

Production cost of the Film is recognised in the profit & loss account as cost of sales on delivery of the film to the acquirer.

Foreign currencies

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Taxation

A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. The tax credit claimed relates to the Film. Deferred tax assets based on timing differences is not applicable in respect of this Company's claim for film tax credits.

Work in progress

Stocks is measured at the lower of cost and estimated selling price less costs to complete and sell. Balance production cost of the Film at the last year balance sheet date was carried forward as work in progress on the basis that it is deemed recoverable from the future income/revenue of the Film. In the current year, work in progress transferred to cost of sales.

2.	Average number of employees Average number of employees during the year was 0 (2024 : 0).

Work in progress

	30/11/2025 £		30/11/2024 £
Stocks	0		1,081,097
	0		1,081,097

Debtors: amounts falling due within one year

	30/11/2025 £	30/11/2024 £
Trade Debtors	0	480,390
Other Debtors	6,000	0
VAT	30,230	30,177
	36,230	510,567

Debtors: amounts falling due after one year

	30/11/2025 £	30/11/2024 £
Trade Debtors	0	32,000
Other Debtors	10	10
	10	32,010

Creditors: amount falling due within one year

	30/11/2025 £	30/11/2024 £
Trade Creditors	0	109,083
Accrued Expenses	168,300	0
Other Creditors	0	15,000
	168,300	124,083

Creditors: amount falling due after more than one year

	30/11/2025 £		30/11/2024 £
Trade Creditors	0		19,750
	0		19,750

Related parties

During the year the company entered into the following transactions with related parties:

	Transaction value - income/(expenses)				Balance owed by/(owed to)
	30/11/2025 £		30/11/2024 £		30/11/2025 £		30/11/2024 £
Dream Movies Limited	0		0		6,000		0

As on the balance sheet date 30.11.2025 the below amounts owed to its related Parties included in Other Debtors : 1. Dream Movies Limited - £6,000

Registered Number: 14673521
England and Wales
PASSIONATE PICTURES LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 December 2024 End date: 30 November 2025