Registration number: 02863267

Ripple Productions Limited

Contents

Company Information	1
Statement of Financial Position	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

Ripple Productions Limited

Company Information

Directors

W G Wyman S Accosta-Wyman

Registered office

130 Shaftesbury Avenue 2nd Floor London W1D 5EU

Accountants

Brebners Chartered Accountants 130 Shaftesbury Avenue London W1D 5AR

Ripple Productions Limited

Statement of Financial Position as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	106,726	135,809
Investment property	5	1,925,000	1,925,000
Investments	6	1	1
		2,031,727	2,060,810
Current assets
Stocks	7	5,219,445	5,220,461
Debtors	8	1,706,446	618,585
Cash at bank and in hand		2,320,105	2,541,040
		9,245,996	8,380,086
Creditors: Amounts falling due within one year	9	(429,725)	(574,746)
Net current assets		8,816,271	7,805,340
Total assets less current liabilities		10,847,998	9,866,150
Provisions for liabilities
Deferred tax		(176,975)	(309,395)
Net assets		10,671,023	9,556,755
Capital and reserves
Called up share capital		100	100
Profit and loss account	10	10,670,923	9,556,655
Total equity		10,671,023	9,556,755

For the financial 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.

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 Ripple Productions Limited 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.

Ripple Productions Limited

Statement of Financial Position as at 31 December 2025

Approved and authorised by the Board on 7 September 2026 and signed on its behalf by:
 

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

S Accosta-Wyman

Director

Company registration number: 02863267

Ripple Productions Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 December 2025

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:
130 Shaftesbury Avenue
2nd Floor
London
W1D 5EU

The principal activity of the company is that of the ownership, production, promotion and publishing of music, film and books, and the licensing of music related memorabilia.

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.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 399 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Going concern

The company made a profit for the year ended 31 December 2025 and had net assets of £10,671,023 at that date, including cash at bank amounting to £2,320,105.

The company is very well established and the directors expect demand for the company's services to remain strong. They do not believe there will be any significant interruption to the company's income streams arising from the current economic conditions, especially with regard to royalty earnings, which have held up strongly since 31 December 2025.

On the basis of the above, and after making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.

Ripple Productions Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 December 2025

Revenue recognition

The turnover shown in the profit and loss account represents amounts receivable for goods and services provided during the year, exclusive of Value Added Tax.

Royalty income is recognised in the period in which it is earned as notified by third parties on an accruals basis. Fees for personal appearances and other licensing payments are recognised when contractually due. Shop sales are recognised when title to goods passes to the customer.

In respect of long-terms contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts for on-going services is recognised by reference to the stage of completion.

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.

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.

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.

Ripple Productions Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 December 2025

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Lease income is recognised in profit or loss on a straight line basis over the lease term. The aggregate cost of lease incentives are recognised as a reduction to income over the lease term on a straight-line basis. Costs, including depreciation, incurred in earning the lease income are recognised as an expense. Any initial direct costs incurred are in negotiating and arranging the operating lease are added to the carrying amount of the lease and recognised as an expense over the lease term on the same basis as the lease income.

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.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Asset class	Depreciation method and rate
Memorabilia	5% straight line to residual value
Fixtures, fittings & equipment	25% straight line

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate as valued annually by the directors. The valuation uses observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company during the year, was 5 (2024 - 5).

Ripple Productions Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 December 2025

4	Tangible assets

	Fixtures, fittings & equipment £	Memorabilia  £	Total £
Cost or fair value
At 1 January 2025	119,028	395,776	514,804
Additions	3,666	-	3,666
Disposals	(41,618)	-	(41,618)
At 31 December 2025	81,076	395,776	476,852
Depreciation
At 1 January 2025	105,444	273,551	378,995
Charge for the year	12,741	19,789	32,530
Eliminated on disposal	(41,399)	-	(41,399)
At 31 December 2025	76,786	293,340	370,126
Carrying amount
At 31 December 2025	4,290	102,436	106,726
At 31 December 2024	13,584	122,225	135,809

5	Investment properties

Fair Value	2025 £
At 1 January 2025	1,925,000
At 31 December 2025	1,925,000

The investment properties are included at fair value at an amount of £1,925,000 as estimated by the directors, based upon a professional valuation.

Ripple Productions Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 December 2025

6	Investments

Fixed Asset Investments	£
Cost
At 1 January 2025 and 31 December 2025	1
Carrying amount
At 31 December 2025	1
At 31 December 2024	1

7

Stocks

	2025 £	2024 £
Finished goods and goods for resale	5,219,445	5,220,461

8

Debtors

	2025 £	2024 £
Trade debtors	136	379
Prepayments	8,735	28,414
Other debtors	1,697,575	589,792
	1,706,446	618,585

9

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Trade creditors	12,920	8,761
Amounts owed to group undertakings	500	500
Taxation and social security	339,099	438,536
Other creditors	77,206	126,949
	429,725	574,746

10	Profit and Loss Account

This reserve records retained earnings and accumulated losses. At 31 December 2025 an amount of £669,308 (2024 - £751,557) is non-distributable.

Ripple Productions Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 December 2025

11	Transactions with directors

At 31 December 2025 an amount of £1,497,751 (2024 - £587,647) was due from a director. During the year there were advances of £1,079,562 and repayments of £208,315. Interest of £38,857 has been charged at a rate of 2.25% to 5 April 2025 and 3.75% per annum thereafter and there are no terms in place.

12	Related party transactions

In accordance with FRS 102 paragraph 1AC.35, exemption is taken not to disclose transactions in the year or amounts falling due between undertakings where 100% of the voting rights are controlled within the group.

The investment property, as disclosed in note 5, is registered in the name of a fellow subsidiary company as nominee for Ripple Productions Limited.