BATTERSEA PICTURES HOLDINGS LIMITED


Director	BERGER, J A


Registered Address	27 Old Gloucester Street
	London
	WC1N 3AX


Registered Number	13707911 (England and Wales)

Balance Sheet as at
31 December 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		5,110		4,230
Investments	4		484,226		499,226
			489,336		503,456
Current assets
Debtors	5	88,285		66,396
Cash at bank and on hand		1,073,876		1,037,601
		1,162,161		1,103,997
Creditors amounts falling due within one year	6	(89,713)		(152,977)
Net current assets (liabilities)			1,072,448		951,020
Total assets less current liabilities			1,561,784		1,454,476
Creditors amounts falling due after one year	7		(2,379)		(2,379)
Net assets			1,559,405		1,452,097
Capital and reserves
Called up share capital			1		1
Profit and loss account			1,559,404		1,452,096
Shareholders' funds			1,559,405		1,452,097

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 7 September 2026, and are signed on its behalf by:

BERGER, J A
Director
Registered Company No. 13707911

BATTERSEA PICTURES HOLDINGS LIMITED

Notes to the Financial Statements
for the year ended 31 December 2025

1.	Accounting policies

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

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services.

	Revenue from rendering of services
	Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Fixtures and fittings	5
	Office Equipment	5

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		3

3.	Tangible fixed assets

	Fixtures & fittings	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 January 25	1,434	4,475	5,909
Additions	-	2,133	2,133
At 31 December 25	1,434	6,608	8,042
Depreciation and impairment
At 01 January 25	598	1,081	1,679
Charge for year	287	966	1,253
At 31 December 25	885	2,047	2,932
Net book value
At 31 December 25	549	4,561	5,110
At 31 December 24	836	3,394	4,230

4.	Fixed asset investments
	Included in 'other investments' is the amount invested in various theatre productions. The company is entitled to recoup its capital from net receipts generated by each production. After full recoupment, the company is typically entitled to a share of net profits. These investments are recognised at cost. Income is recognised when it is probable that economic benefits will flow to the company and can be measured reliably. At the reporting date, no profit participation has been recognised.

Fixed asset investments

Included in 'other investments' is the amount invested in various theatre productions. The company is entitled to recoup its capital from net receipts generated by each production. After full recoupment, the company is typically entitled to a share of net profits. These investments are recognised at cost. Income is recognised when it is probable that economic benefits will flow to the company and can be measured reliably. At the reporting date, no profit participation has been recognised.

	Investments in groups¹	Other investments²	Total
	£	£	£
Cost or valuation
At 01 January 25	100	499,126	499,226
Disposals	-	(15,000)	(15,000)
At 31 December 25	100	484,126	484,226
Net book value
At 31 December 25	100	484,126	484,226
At 31 December 24	100	499,126	499,226

	Notes
	¹Investments in group undertakings and participating interests ²Other investments other than loans

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	16,500	7,200
Amounts owed by group undertakings	69,621	58,541
Prepayments and accrued income	2,164	655
Total	88,285	66,396

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	17,162	2,615
Taxation and social security	62,275	146,512
Other creditors	333	867
Accrued liabilities and deferred income	9,943	2,983
Total	89,713	152,977


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	2,379	2,379
Total	2,379	2,379


	Included in Long term Creditors is the amount owed to the director of the company which is £2,378 (2024- £2,378).

8.	Related party transactions
	Included in debtors in the amount owed by a subsidiary which is £53,978 (2024- £52,920).

9.	Controlling party
	The immediate parent entity is Battersea Pictures US Inc a company incorporated in USA.