| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 March 2026 |
| for |
| Making Pictures Limited |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 March 2026 |
| for |
| Making Pictures Limited |
| Making Pictures Limited (Registered number: 07522269) |
| Contents of the Financial Statements |
| for the Year Ended 31 MARCH 2026 |
| Page |
| Balance Sheet | 1 |
| Notes to the Financial Statements | 2 |
| Making Pictures Limited (Registered number: 07522269) |
| Balance Sheet |
| 31 MARCH 2026 |
| 31.3.26 | 31.3.25 |
| Notes | £ | £ |
| FIXED ASSETS |
| Investments | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Capital redemption reserve |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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 were approved by the Board of Directors and authorised for issue on |
| Making Pictures Limited (Registered number: 07522269) |
| Notes to the Financial Statements |
| for the Year Ended 31 MARCH 2026 |
| 1. | STATUTORY INFORMATION |
| Making Pictures Limited is a private company, limited by shares, registered in England and Wales, registration number 07522269. The registered office is Suite 2A, 7th Floor - PF City Reach, 5 Greenwich View Place, London, England, E14 9NN |
| The presentation currency of the financial statements is pound sterling (£) and the level of rounding is the nearest £1. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Preparation of consolidated financial statements |
| The financial statements contain information about Making Pictures Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements. |
| Revenue recognition |
| Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: |
| Rendering of services |
| Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: |
| - the amount of revenue can be measured reliably; |
| - it is probable that the Company will receive the consideration due under the contract; |
| - the stage of completion of the contract at the end of the reporting period can be measured reliably; |
| and |
| - the costs incurred and the costs to complete the contract can be measured reliably. |
| Investments in subsidiaries |
| Investments in subsidiary undertakings are recognised at cost. |
| Financial instruments |
| The company has entered into basic financial instruments and transactions that result in the recognition of financial assets and liabilities like other debtors, creditors and loans to related parties. |
| Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is fund, an |
| impairment loss is recognised in the profit and loss. |
| Foreign currencies |
| Transactions in currencies, other than the functional currency of the company, are recorded at the rate of exchange on the date the transaction occured. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated. |
| Dividend income |
| Dividend income is recognised when the right to receive payment is established. |
| Debtors |
| Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment. |
| Dividends |
| Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting. |
| Making Pictures Limited (Registered number: 07522269) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 MARCH 2026 |
| 2. | ACCOUNTING POLICIES - continued |
| Cash |
| Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. |
| Creditors |
| Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. |
| Going concern |
| The director considers it appropriate to prepare the financial statements on a going concern basis because of his continued support. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | FIXED ASSET INVESTMENTS |
| Shares in |
| group |
| undertakings |
| £ |
| COST |
| At 1 April 2025 |
| and 31 March 2026 |
| NET BOOK VALUE |
| At 31 March 2026 |
| At 31 March 2025 |
| The company's investments at the Balance Sheet date in the share capital of companies include the following: |
| Registered office: Suite 2A, 7th Floor - PF City Reach, 5 Greenwich View Place, London, England, E14 9NN |
| Nature of business: |
| % |
| Class of shares: | holding |
| Registered office: Suite 2A, 7th Floor - PF City Reach, 5 Greenwich View Place, London, England, E14 9NN |
| Nature of business: |
| % |
| Class of shares: | holding |
| Registered office: 1012-1030 Georgia St. W Vancouver BC V6E 2Y3 |
| Nature of business: |
| % |
| Class of shares: | holding |
| Registered office: 11601 Wilshire Blvd., Suite 2180 Los Angeles, California, 90025 United States of America |
| Nature of business: |
| % |
| Class of shares: | holding |
| Making Pictures Limited (Registered number: 07522269) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 MARCH 2026 |
| 4. | FIXED ASSET INVESTMENTS - continued |
| Making Pictures Limited holds 100% Ordinary shares in Making Pictures Productions Ltd ,Making Pictures Illustration Ltd., Making Pictures Canada Ltd and Making Pictures USA Inc. |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.26 | 31.3.25 |
| £ | £ |
| Trade debtors |
| Amounts owed by group undertakings |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.26 | 31.3.25 |
| £ | £ |
| Trade creditors |
| Amounts owed to group undertakings |
| Taxation and social security |
| Other creditors |