Lem Films Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 06129689

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		1		1

			1		1
CURRENT ASSETS
Debtors	5	22,485		33,239

		22,485		33,239
Creditors: Amounts Falling Due Within One Year	6	(24,832 )		(31,497 )

NET CURRENT ASSETS (LIABILITIES)			(2,347 )		1,742

TOTAL ASSETS LESS CURRENT LIABILITIES			(2,346 )		1,743

NET (LIABILITIES)/ASSETS			(2,346 )		1,743

CAPITAL AND RESERVES
Called up share capital	7		1		1
Profit and Loss Account			(2,347 )		1,742

SHAREHOLDERS' FUNDS			(2,346)		1,743

Page 1

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Lem Films Limited

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Trudi Francis Director	Mr Christopher Bucknall Director
16 August 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Lem Films Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06129689 . The registered office is 7 The Broadway, Broadstairs, Kent, CT10 2AD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The financial statements have been prepared on the going concern basis. The company is reliant on the continuing support of its parent company to meet its liabilities as they fall due for the foreseeable future.

The directors have a reasonable expectation that the necessary resources will be available as required. For this reason, the directors believe it is appropriate to continue to adopt the going concern basis in preparing the annual report and accounts.

2.2. Turnover

Income from the exploitation of film and film music rights is recognised when the right to receive payment is established. Fees received as agent for the collection of rights is recognised when received.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Investments

	Unlisted
	£
Cost or Valuation
As at 1 January 2025	1

As at 31 December 2025	1

Provision
As at 1 January 2025	-

As at 31 December 2025	-

Net Book Value
As at 31 December 2025	1

As at 1 January 2025	1

5. Debtors

	2025	2024
	£	£
Due within one year
Amounts owed by group undertakings	11,411	9,949
Other debtors	11,074	23,290

	22,485	33,239

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Lem Films Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	22,564	19,229
Amounts owed to group undertakings	-	10,000
Other creditors	2,268	2,268

	24,832	31,497

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

8. Ultimate Parent Undertaking and Controlling Party

Phoenix Films Holdings Ltd (whose registered office is Nerine Chambers, PO Box 905, Road Town, Tortola, B.V.I.) is the parent company of the group within which this company belongs and for which group financial statements are prepared.

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