Company Registration No. 07191089 (England and Wales)
Bullion Productions Limited
Unaudited accounts
for the year ended 31 December 2025
Bullion Productions Limited
Unaudited accounts
Contents
Bullion Productions Limited
Company Information
for the year ended 31 December 2025
Directors
Jack Whilding Newman
James Paul Willis
Ben Andrew Stenhouse Murray
Company Number
07191089 (England and Wales)
Registered Office
The Fisheries
1 Mentmore Terrace
London
E8 3PN
England
Accountants
Practice London Limited
71-75 Shelton Street
London
WC2H 9JQ
Bullion Productions Limited
Statement of financial position
as at 31 December 2025
Tangible assets
3,367
31,599
Cash at bank and in hand
36,272
122,501
Creditors: amounts falling due within one year
(205,821)
(242,150)
Net current (liabilities)/assets
(131,568)
261,962
Total assets less current liabilities
(128,201)
293,561
Creditors: amounts falling due after more than one year
(50,000)
(75,000)
Net (liabilities)/assets
(178,201)
218,561
Called up share capital
109
109
Share premium
127,830
127,830
Profit and loss account
(306,140)
90,622
Shareholders' funds
(178,201)
218,561
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 18 September 2026 and were signed on its behalf by
Jack Whilding Newman
Director
Company Registration No. 07191089
Bullion Productions Limited
Notes to the Accounts
for the year ended 31 December 2025
Bullion Productions Limited is a private company, limited by shares, registered in England and Wales, registration number 07191089. The registered office is The Fisheries, 1 Mentmore Terrace, London, E8 3PN, England.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
For commissioned productions, turnover and attributable profit are recognised on an episodic basis once delivery of the production to the customer occurs. Both under and overspends are accounted for once known and are recognised in accordance with the episodic delivery pattern. Provision is made for any loss making contracts as soon as identified (i.e. expected overspend is in excess of originally anticipated margin).
Revenues on programmes distributed by third parties and other ancillary revenues are recognised once the company has been notified of sums due to it.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line
Monetary 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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Work in progress comprises the direct costs of commissioned productions not yet delivered, stated at the lower of cost and net realisable value. It is released to cost of sales as the related turnover is recognised, and provision is made in full where a production is expected to be loss making.
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 changes in value.
The Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.
Bullion Productions Limited
Notes to the Accounts
for the year ended 31 December 2025
Provisions are recognised when the company has a present obligation as a result of a past event, it is probable that a transfer of economic benefits will be required to settle the obligation, and a reliable estimate can be made of the amount of the obligation.
Critical accounting estimates and judgements
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Revisions to accounting estimates are recognised in the period in which the estimates are revised and in any future periods affected. There are no estimates or judgements expected to have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.
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Tangible fixed assets
Plant & machinery
At 31 December 2025
46,728
At 31 December 2025
43,361
At 31 December 2024
31,599
Amounts falling due within one year
Trade debtors
14,996
63,667
Amounts due from group undertakings etc.
7,040
4,609
Accrued income and prepayments
13,245
185,662
Other debtors
2,700
110,236
Bullion Productions Limited
Notes to the Accounts
for the year ended 31 December 2025
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Creditors: amounts falling due within one year
2025
2024
Trade creditors
87,774
74,313
Taxes and social security
52,122
26,531
Other creditors
11,911
9,810
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Creditors: amounts falling due after more than one year
2025
2024
Other creditors
50,000
75,000
Allotted, called up and fully paid:
2,716 A Ordinary shares (held in Treasury) of £0.01 each
27.16
27.16
8,151 B Ordinary shares of £0.01 each
81.51
81.51
1 B Ordinary shares (Deferred) of £0.01 each
0.01
0.01
The directors consider that the company does not have an ultimate controlling party.
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Average number of employees
During the year the average number of employees was 9 (2024: 10).