REGISTERED NUMBER: 06990585 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

FIGMENT PRODUCTIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S P Reveley

REGISTERED OFFICE:

Kemp House

160 City Road

London

EC1V 2NX

REGISTERED NUMBER:

06990585 (England and Wales)

ACCOUNTANTS:

Sophic Finance Ltd

Chartered Accountants

Little Coombe

Longfield Road

Dorking

Surrey

RH4 3DE

FIXED ASSETS

Tangible assets

4

1,764

4,057

Investments

5

1

1

1,765

4,058

CURRENT ASSETS

Debtors

6

429,375

421,573

Cash at bank

99,733

72,140

529,108

493,713

CREDITORS

Amounts falling due within one year

7

594,668

391,427

NET CURRENT (LIABILITIES)/ASSETS

(65,560

)

102,286

TOTAL ASSETS LESS CURRENT LIABILITIES

(63,795

)

106,344

CREDITORS

Amounts falling due after more than one year

8

219,004

104,385

NET (LIABILITIES)/ASSETS

(282,799

)

1,959

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

(283,799

)

959

SHAREHOLDERS' FUNDS

(282,799

)

1,959

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 August 2026 and were signed by:

S P Reveley - Director

1.	STATUTORY INFORMATION

Figment Productions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

With reduced costs, facilitated by the adoption of AI, and an increased order book, the company continues as a going concern with the continued support of creditors.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2024 - 25 ) .

4.	TANGIBLE FIXED ASSETS

Office

equipment

£

COST

At 1 September 2024

and 31 August 2025

7,398

DEPRECIATION

At 1 September 2024

3,341

Charge for year

2,293

At 31 August 2025

5,634

NET BOOK VALUE

At 31 August 2025

1,764

At 31 August 2024

4,057

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 September 2024

and 31 August 2025

1

NET BOOK VALUE

At 31 August 2025

1

At 31 August 2024

1

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

163,225

196,993

Amounts owed by group undertakings

103,445

-

Other debtors

162,705

224,580

429,375

421,573

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

228,241

116,150

Trade creditors

175,683

190,850

Taxation and social security

158,900

69,486

Other creditors

31,844

14,941

594,668

391,427

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

219,004

104,385

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

5,934

5,934

Between one and five years

1,978

8,407

7,912

14,341

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2025 and 31 August 2024:

2025

2024

£

£

S P Reveley

Balance outstanding at start of year

42,325

-

Amounts advanced

24,682

42,325

Amounts repaid

(16,173

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

50,834

42,325

11.	RELATED PARTY DISCLOSURES

During the year, the company provided services of £167,057 (2024: £517,225) and purchased services of £167,057 (2024: £517,225) from a subsidiary, Figment Productions Services Limited.

During the year, the company received dividends of £103,445 from the subsidiary (2024: £215,132)

At 31st August 2025, Figment Productions Services Limited owed the company £103,445 (2024: Nil)