REGISTERED NUMBER: 13308036 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

Brookstreet Pictures Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T Matthews

D C Matthews

REGISTERED OFFICE:

Wesley Clover Corporation

Celtic Manor Resort

Newport

NP18 1HQ

REGISTERED NUMBER:

13308036 (England and Wales)

ACCOUNTANTS:

Wilson Partners Limited

Chartered Accountants

TOR

Saint-Cloud Way

Maidenhead

Berkshire

SL6 8BN

FIXED ASSETS

Investments

4

300

200

CURRENT ASSETS

Debtors

5

16,342

1,705,664

Cash at bank

572,768

49,082

589,110

1,754,746

CREDITORS

Amounts falling due within one year

6

(698,019

)

(1,837,879

)

NET CURRENT LIABILITIES

(108,909

)

(83,133

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(108,609

)

(82,933

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(108,709

)

(83,033

)

(108,609

)

(82,933

)

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

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

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 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 Board of Directors and authorised for issue on 15 September 2026 and were signed on its behalf by:

T Matthews - Director

1.	STATUTORY INFORMATION

Brookstreet Pictures 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The accounts are prepared on a going concern basis as in the opinion of the directors the company has sufficient finance available to it to meet its obligations as they fall due for the foreseeable future, that is at least 12 months from the date of approval of the accounts.

Preparation of consolidated financial statements

The financial statements contain information about Brookstreet 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.

Significant judgements and estimates

In the application of the company's accounting policies the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The company does not make significant estimates and assumptions concerning the future.

Turnover

Turnover is recognised at the fair value of consideration received or receivable in the ordinary course of the Company's activities. This includes premium income received in relation to the Company's investment in a motion picture production, recognised in accordance with the terms of the underlying agreement when the Company's entitlement to receive the income arises.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

Basic financial instruments are recognised at amortised cost using the effective interest method, except for investments in non-convertible preference and non-puttable preference and ordinary shares, which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value, with changes recognised in profit and loss.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertaking

£

COST

At 1 November 2024

200

Additions

100

At 31 October 2025

300

NET BOOK VALUE

At 31 October 2025

300

At 31 October 2024

200

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Amounts owed by group undertakings

-

1,445,642

Other debtors

16,342

260,022

16,342

1,705,664

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade creditors

1,801

948

Amounts owed to group undertakings

291,736

795,516

Other creditors

404,482

1,041,415

698,019

1,837,879

7.	RELATED PARTY DISCLOSURES

Brookstreet Pictures Inc, the parent company of Brookstreet Pictures Ltd, was owed £291,636 (2024: £795,516) by Brookstreet Pictures Limited at the year end.

Bucks Country Ltd, a subsidiary of Brookstreet Pictures Ltd, owed £nil (2024: £77) to Brookstreet Pictures Limited at the year end.

Doylestown Designs Ltd, a subsidiary of Brookstreet Pictures Ltd, owed £nil (2024: £1,445,565) to Brookstreet Pictures Limited at the year end.

Director, T Matthews, was owed by Brookstreet Pictures Limited £256,201 (2024: £574,456) at the year end.

Director, D Matthews, was owed by Brookstreet Pictures Limited £nil (2024: £120,000) at the year end.

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is T Matthews.