ACCOUNTS - Final Accounts preparation

Registered number: 02993049

HIT & RUN PRODUCTIONS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

HIT & RUN PRODUCTIONS LIMITED

REGISTERED NUMBER: 02993049

BALANCE SHEET

AS AT 31 DECEMBER 2025

		2025		2024
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	2,365		3,120
Current asset investments	5	400,000		200,000
Cash at bank	6	144,605		349,095
		546,970		552,215
Creditors: amounts falling due within one year	7	(1,773,824)		(1,772,436)
Net current liabilities			(1,226,854)		(1,220,221)
Total assets less current liabilities			(1,226,854)		(1,220,221)

Net liabilities			(1,226,854)		(1,220,221)

Capital and reserves
Called up share capital	8	100	100
Profit and loss account		(1,226,954)	(1,220,321)
		(1,226,854)	(1,220,221)

HIT & RUN PRODUCTIONS LIMITED

REGISTERED NUMBER: 02993049

BALANCE SHEET (CONTINUED)

AS AT 31 DECEMBER 2025

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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 profit and loss account 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 by:

J A Smith

Director

Date: 17 August 2026

The notes on pages 3 to 5 form part of these financial statements.

HIT & RUN PRODUCTIONS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1.	General information

Hit & Run Productions Limited is a private company, limited by shares, registered in England and Wales, registration number 02993049. The registered office address is 25 Ives Street, London, SW3 2ND.

The principal activity of the company continued to be that of the development and production of short film and theatrical projects and the provision of management services.

2.Accounting policies

2.1

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 Section 1A of the Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements of 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.

2.2

Going concern

The financial statements have been prepared on the going concern basis as the director has confirmed he will continue to provide necessary funding in order for the company to maintain operations and meet liabilities in full for at least the next 12 months. On this basis, the director is satisfied that the financial statements should be prepared on a going concern basis.

2.3

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is pound sterling.

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.

Foreign exchange gains and losses that relate to borrowings and cash are presented in the profit and loss account within 'administrative expenses'. All other foreign exchange gains and losses are presented in the profit and loss account.

2.4

Interest income

Interest income is recognised in the profit and loss account using the effective interest method.

HIT & RUN PRODUCTIONS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.5

Valuation of investments

Investments in theatrical production, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the profit and loss account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment.

2.7

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.9

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of
financial assets and liabilities such as other debtors, other creditors and loans to related parties.

Employees

The average monthly number of employees, including the director, during the year was 1 (2024 - 1).

Debtors

					2025	2024
					£	£


Other debtors	2,340	3,090
Prepayments	25	30
	2,365	3,120

HIT & RUN PRODUCTIONS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

5.	Current asset investments
		2025	2024
		£	£

	Theatrical production	400,000	200,000

6.	Cash
		2025	2024
		£	£

	Cash at bank	144,605	349,095

7.	Creditors: amounts falling due within one year
		2025	2024
		£	£

Amounts owed to connected companies	240,956	240,956
Other creditors	1,527,288	1,527,288
Accruals	5,580	4,192
	1,773,824	1,772,436

8.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

100 (2024 - 100) Ordinary shares of £1.00 each	100	100

9.	Transactions with the director

As at the year end, the company owed £1,524,898 (2024 - £1,524,898) to the director. The loans are unsecured, interest free and repayable on demand.