Company Registration No. 09001069 (England and Wales)
Wannabe Films Limited
Unaudited accounts
for the year ended 31 December 2025
Wannabe Films Limited
Unaudited accounts
Contents
Wannabe Films Limited
Company Information
for the year ended 31 December 2025
Company Number
09001069 (England and Wales)
Registered Office
128 CITY ROAD
LONDON
EC1V 2NX
United Kingdom
Accountants
DJB Accounting Ltd
34 Knockmoyle Drive
Greystone Road
Antrim
BT41 1HE
Wannabe Films Limited
Accountants' report
Accountants' report to the director of Wannabe Films Limited on the preparation of the unaudited statutory accounts for the year ended 31 December 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Wannabe Films Limited for the year ended
31 December 2025 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Wannabe Films Limited, as a body, in accordance with the terms of our engagement letter dated 1 May 2023. Our work has been undertaken solely to prepare for your approval the accounts of Wannabe Films Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Wannabe Films Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Wannabe Films Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Wannabe Films Limited. You consider that Wannabe Films Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Wannabe Films Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
DJB Accounting Ltd
34 Knockmoyle Drive
Greystone Road
Antrim
BT41 1HE
15 March 2026
Wannabe Films Limited
Statement of financial position
as at 31 December 2025
Cash at bank and in hand
311,883
266,274
Creditors: amounts falling due within one year
(123,413)
(66,293)
Net current assets
196,690
208,417
Net assets
196,690
208,417
Called up share capital
1
1
Profit and loss account
196,689
208,416
Shareholders' funds
196,690
208,417
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 director acknowledges his 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 and authorised for issue on 27 March 2026 and were signed on its behalf by
Marco Calabrese
Director
Company Registration No. 09001069
Wannabe Films Limited
Notes to the Accounts
for the year ended 31 December 2025
Wannabe Films Limited is a private company, limited by shares, registered in England and Wales, registration number 09001069. The registered office is 128 CITY ROAD, LONDON, EC1V 2NX, United Kingdom.
2
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.
Turnover represents the fair value of consideration receivable for services provided in the normal course of business, net of value added tax and trade discounts.
Revenue from the provision of film production and related services is recognised by reference to the stage of completion of each project at the reporting date, when the outcome of the contract can be estimated reliably. The stage of completion is assessed based on costs incurred to date as a proportion of total estimated contract costs.
Where the outcome of a contract cannot be estimated reliably, revenue is recognised only to the extent of recoverable costs incurred.
Revenue is recognised only when it is probable that the economic benefits associated with the transaction will flow to the company and the amount can be measured reliably.
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:
Computer equipment
50% reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
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.
Wannabe Films Limited
Notes to the Accounts
for the year ended 31 December 2025
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Investments in shares are included at fair value.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director shall continue to adopt the going concern basis of accounting in preparing the financial statements.
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Wannabe Films Limited
Notes to the Accounts
for the year ended 31 December 2025
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
23,444
-
Loans from directors
90,900
59,672
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).