A Atalla00131 December 202525.0025.00574023017.0016.001 January 20250Ordinary F55Ordinary E99Ordinary D183030Ordinary A100000010000007183121272556635569856572714182112152810792231071366720727867558126921870714305112375017177230981613513590662335994557807128603524281497641840742131995994245316663732051153781421524114316135840435068497728471717445819629932175224107226282450295029217522360432577951716Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.    Work in progress represents production and development costs and is valued at the lower of cost and net realisable value. Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.  A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities. Fixed asset investmentsAt each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs. Subsequently, tangible fixed assets are measured using the cost model . Under the cost model, tangible assets are measured at cost less any accumulated depreciation and any accumulated impairment losses.The tax expense represents the sum of the tax currently payable and deferred tax. Current tax The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date. Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed. Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates. Turnover represents amounts receivable for services supplied during the year net of VAT. Where the company has incomplete productions at the year end, income and expenditure for these productions is recognised so that it reflects the partial performance of the company's contractual obligations. For such productions, the amount of revenue reflects the value of the work performed. Revenue due but not received is included in debtors and payments on account received in excess of the relevant amount of revenue due are included in creditors. Advances received under distribution agreements are recognised as income over the distribution licence period when income is earned from the licensed production. The amount of any advances not recoupable out of future income is recognised as income in the year. Non-refundable advances are recognised once initial contractual obligations have been fulfilled. Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss. The Company's functional and presentational currency is the Pound Sterling.  The financial statements have been prepared under the historic cost convention unless otherwise specified within these accounting policies and in accordance with ​Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' (FRS 102) and the Companies Act 2006.The principal activity of the Company is television programme production. 21 September 2026The Company has opted not to file the Single statement of comprehensive income in accordance with the provisions applicable to companies subject to the small companies regime.The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.The Director acknowledges his​ responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statementsThe members have not required the Company to obtain an audit in accordance with section 476 of the Companies Act 2006.For the year​ ending 31 December 2025, the Company was entitled to exemption from audit under section 477 of the Companies Act 2006.58856085912660586113658881881394013940105321053227513632846277495806582988161412698419480219-20 Berners StreetLondonW1T 3NW05907305T Sealey31 December 2025​​Financial StatementsRoughcut Television LimitedFinancials UK FRS 1022026.8.2+94963 05907305 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 05907305 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 05907305 core:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 05907305 bus:OrdinaryShareClass4 2025-12-31 05907305 bus:OrdinaryShareClass1 2025-12-31 05907305 core:RetainedEarningsAccumulatedLosses 2025-12-31 05907305 bus:OrdinaryShareClass5 2025-01-01 2025-12-31 05907305 bus:OrdinaryShareClass4 2024-12-31 05907305 core:RetainedEarningsAccumulatedLosses 2024-12-31 05907305 core:LeaseholdImprovements 2025-12-31 05907305 core:PlantMachinery 2025-01-01 2025-12-31 05907305 core:SharePremium 2024-12-31 05907305 core:ShareCapital 2024-12-31 05907305 bus:OrdinaryShareClass3 2025-12-31 05907305 core:WithinOneYear 2024-12-31 05907305 bus:Director1 2025-01-01 2025-12-31 05907305 bus:OrdinaryShareClass5 2024-12-31 05907305 bus:OrdinaryShareClass3 2024-12-31 05907305 core:LeaseholdImprovements 2025-01-01 2025-12-31 05907305 core:BetweenOneFiveYears 2024-12-31 05907305 core:ShareCapital 2025-12-31 05907305 bus:OrdinaryShareClass4 2025-01-01 2025-12-31 05907305 core:CurrentFinancialInstruments 2025-12-31 05907305 core:BetweenOneFiveYears 2025-12-31 05907305 bus:OrdinaryShareClass3 2025-01-01 2025-12-31 05907305 bus:OrdinaryShareClass5 2025-12-31 05907305 bus:RegisteredOffice 2025-01-01 2025-12-31 05907305 bus:FullAccounts 2025-01-01 2025-12-31 05907305 curr:PoundSterling 2025-01-01 2025-12-31 05907305 bus:CompanySecretary1 2025-01-01 2025-12-31 05907305 bus:OrdinaryShareClass1 2024-12-31 05907305 core:SharePremium 2025-12-31 05907305 core:PlantMachinery 2024-12-31 05907305 2025-01-01 05907305 core:CurrentFinancialInstruments 2024-12-31 05907305 bus:OrdinaryShareClass1 2025-01-01 2025-12-31 05907305 core:LeaseholdImprovements 2024-12-31 05907305 core:MoreThanFiveYears 2025-12-31 05907305 core:PlantMachinery 2025-12-31 05907305 1 2025-01-01 2025-12-31 05907305 core:WithinOneYear 2025-12-31 05907305 bus:FRS102 2025-01-01 2025-12-31 05907305 core:OwnedOrFreeholdAssets core:PlantMachinery 2025-01-01 2025-12-31 05907305 2024-12-31 05907305 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 05907305 2025-12-31 05907305 2024-01-01 2024-12-31 05907305 2025-01-01 2025-12-31 xbrli:pure xbrli:pure xbrli:shares xbrli:pure iso4217:GBP iso4217:GBP xbrli:shares iso4217:GBP

Registered number: 05907305

Roughcut Television Limited

​​​​​

 

Unaudited

​​Financial Statements

Information For Filing With The Registrar

For the year ended 31 December 2025

Roughcut Television Ltd

 

Company information
2
Balance sheet
3
Notes to the financial statements
5

 

Company information

 

 

​Director

A Atalla

Company secretary 

T Sealey

Registered number

05907305​

Registered office

​​4th Floor Bischheim House​
19-20 Berners Street​
​
London​
​
W1T 3NW​

Accountants

Moore Kingston Smith LLP
​​
Charlotte Building​
17 Gresse Street​
​
London​
​
W1T 1QL​

2

 

Roughcut Television Ltd

Registered number: 05907305​

 

Balance sheet​

As at 31 December 2025

Note
2025
£
2024
£
Fixed assets
)
)
Tangible fixed assets
 4
126,984
)
194,802
)
Investments
 5
16
)
14
)
 
127,000
)
194,816
)
Current assets
)
)
Work in progress
495,806
)
582,988
)
Debtors: amounts falling due within one year
 7
3,590,662
)
3,359,945
)
Cash at bank and in hand
2,751,363
)
2,846,277
)
 
6,837,831
)
6,789,210
)
Creditors: amounts falling due within one year
 8
(1,079,223)
(1,071,366)
Net current assets
5,758,608
)
5,717,844
)
Total assets less current liabilities
5,885,608
)
5,912,660
)
 
5,885,608
)
5,912,660
)
Net assets
5,885,608
)
5,912,660
)
Capital and reserves
)
)
Called up share capital
 10
10,532
)
10,532
)
Share premium
13,940
)
13,940
)
Profit and loss account
5,861,136
)
5,888,188
)
Total capital and reserves
5,885,608
)
5,912,660
)

For the year​ ending 31 December 2025, the Company was entitled to exemption from audit under section 477 of the Companies Act 2006.

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 Companies Act 2006 with respect to accounting records and the preparation of financial statements

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

3

 

Roughcut Television Ltd

Registered number: 05907305​

 

Balance sheet​

As at 31 December 2025

The Company has opted not to file the Single statement of comprehensive income in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf:

A Atalla
Director

Date: 21 September 2026 

The notes on Pages 5 to 14 form part of these financial statements.

4

Roughcut Television Ltd

Notes to the financial statements 

For the year ended 31 December 2025

 

1.

General information

Roughcut Television Ltd is a private company limited by shares and is incorporated in England & Wales. The address of its registered office is 4th Floor Bischheim House, 19-20 Berners Street​, London​, W1T 3NW.

The principal activity of the Company is television programme production.

2.

Accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been applied consistently to all periods presented, unless otherwise stated.

a.

Basis of preparation of financial statements

The financial statements have been prepared under the historic cost convention unless otherwise specified within these accounting policies and in accordance with ​Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' (FRS 102) and the Companies Act 2006.

The Company's functional and presentational currency is the Pound Sterling.

b.

Foreign currency translation

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

5

Roughcut Television Ltd

Notes to the financial statements 

For the year ended 31 December 2025

 

2.

Accounting policies

continued
c.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover represents amounts receivable for services supplied during the year net of VAT. Where the company has incomplete productions at the year end, income and expenditure for these productions is recognised so that it reflects the partial performance of the company's contractual obligations. For such productions, the amount of revenue reflects the value of the work performed. Revenue due but not received is included in debtors and payments on account received in excess of the relevant amount of revenue due are included in creditors.

Advances received under distribution agreements are recognised as income over the distribution licence period when income is earned from the licensed production. The amount of any advances not recoupable out of future income is recognised as income in the year. Non-refundable advances are recognised once initial contractual obligations have been fulfilled.

d.

Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

6

Roughcut Television Ltd

Notes to the financial statements 

For the year ended 31 December 2025

 

2.

Accounting policies

continued
e.

Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

f.

Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

g.

Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax 

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

h.

Tangible fixed assets​​

Tangible fixed assets are initially recognised at cost. Cost includes the purchase price and any costs directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

7

Roughcut Television Ltd

Notes to the financial statements 

For the year ended 31 December 2025

 

2.

Accounting policies

continued
h.

Tangible fixed assets​​

continued

Subsequently, tangible fixed assets are measured using the cost model. Under the cost model, tangible assets are measured at cost less any accumulated depreciation and any accumulated impairment losses.

All tangible fixed assets are considered to have a finite useful life.

Depreciation is calculated to allocate the depreciable amount of tangible fixed assets to their residual values over their estimated useful lives on the following bases:

Leasehold land and buildings                Over the term of the lease 

Fixtures and fittings                               Over the term of the lease 

Computers                                             33% straight line 

Motor vehicles                                       33% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

i.

Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

8

Roughcut Television Ltd

Notes to the financial statements 

For the year ended 31 December 2025

 

2.

Accounting policies

continued
j.

Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss. 

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

k.

Work in progress

Work in progress represents production and development costs and is valued at the lower of cost and net realisable value.

l.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

m.

Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

9

Roughcut Television Ltd

Notes to the financial statements 

For the year ended 31 December 2025

 

3.

Employees

The average monthly number of employees, including the Director, during the year was as follows:

2025
2024
 
17
)
16
)
4.

Tangible fixed assets​

Leasehold improvements
£
Plant and machinery
£
Total
£
Cost
)
)
)
At 1 January 2025
21,752
)
236,043
)
257,795
)
Additions
-
)
5,029
)
5,029
)
At 31 December 2025
21,752
)
241,072
)
262,824
)
Depreciation and impairment
)
)
)
At 1 January 2025
(17,174)
(45,819)
(62,993)
Charge for the year on owned assets
(4,350)
(68,497)
(72,847)
At 31 December 2025
(21,524)
(114,316)
(135,840)
Net book value
)
)
)
At 31 December 2025
228
)
126,756
)
126,984
)
At 31 December 2024
4,578
)
190,224
)
194,802
)

10

Roughcut Television Ltd

Notes to the financial statements 

For the year ended 31 December 2025

 

5.

Fixed asset investments

Investments in subsidiaries
£
Cost or valuation
)
At 1 January 2025
14
)
Additions
3
)
At 31 December 2025
17
)
Impairment
)
Disposals
(1)
Net book value
)
At 31 December 2025
16
)
At 31 December 2024
14
)
6.

Subsidiaries

Details of the company's subsidiaries at 31 December 2025 are as follows:

Name of undertaking
Address
Nature of business
Class of shares held
Held Direct
%
Little A Productions Limited
England and Wales
Production of TV programmes
Ordinary
100.00
)
Roughcut Television (LD) Limited
England and Wales
Production of TV programmes
Ordinary
100.00
)
Roughcut Television (WMRT) Limited
England and Wales
Production of TV programmes
Ordinary
100.00
)
Roughcut Television (Things) Limited
England and Wales
Production of TV programmes
Ordinary
100.00
)
Roughcut TV (Stepping Up) Limited
England and Wales
Production of TV programmes
Ordinary
100.00
)
Roughcut Television (Wrong Move) Limited
England and Wales
Production of TV programmes
Ordinary
100.00
)

11

Roughcut Television Ltd

Notes to the financial statements 

For the year ended 31 December 2025

 

6.

Subsidiaries

continued

The aggregate capital and reserves and the result for the year of the subsidiaries noted above was as follows:

Name of undertaking
Capital and Reserves
£
Profit / (Loss)
£
Little A Productions Limited
189,840
)
104,842
)
Roughcut Television (LD) Limited
180,950
)
180,948
)
Roughcut Television (WMRT) Limited
4,716
)
(45,307)
Roughcut Television (Things) Limited
1
)
 
)
Roughcut TV (Stepping Up) Limited
1
)
 
)
Roughcut Television (Wrong Move) Limited
1
)
 
)

All of the subsidiaries have the same registered address as the parent company, Roughcut Television Limited. 

The following companies have been incorporated on the following dates:

On 18 June 2025:

Roughcut TV (Stepping Up) Limited

On 6 October 2025:

Roughcut Television (Wrong Move) Limited

The following companies have been dissolved during the year on the following dates:

On 21 October 2025: 

Roughcut Television (Punch) Limited

12

Roughcut Television Ltd

Notes to the financial statements 

For the year ended 31 December 2025

 

7.

Debtors​​​

2025
£
2024
£
Due within one year
)
)
Debtors
205,115
)
37,814
)
Amounts owed by group undertakings
942,453
)
1,666,373
)
Other debtors
1,840,742
)
1,319,959
)
Prepayments and accrued income
24,281
)
49,764
)
Corporation tax receivable
578,071
)
286,035
)
 
3,590,662
)
3,359,945
)
8.

Creditors​: amounts falling due within one year

2025
£
2024
£
Trade creditors
30,981
)
61,351
)
Corporation tax
171,772
)
-
)
Other taxation and social security
143,051
)
123,750
)
Other creditors
12,692
)
18,707
)
Accruals and deferred income
720,727
)
867,558
)
 
1,079,223
)
1,071,366
)
9.

Leases

Company as a lessee - operating leases

At 31 December 2025, the Company ​had future minimum payments falling due under non-cancellable operating leases for each of the following periods:

2025
£
2024
£
Not later than one year
141,821
)
121,528
)
Later than one year and not later than five years
569,856
)
5,727
)
Later than five years
6,635
)
-
)
 
718,312
)
127,255
)

13

Roughcut Television Ltd

Notes to the financial statements 

For the year ended 31 December 2025

 

10.

Share capital

2025 Par Value
£
2025 Number
2025
£
2024 Number
2024
£
)
)
)
)
)
Ordinary A
share of
-
)
1,000,000
)
10,000
)
1,000,000
)
10,000
)
Ordinary D
share of
18
)
30
)
530
)
30
)
530
)
Ordinary E
share of
-
)
9
)
-
)
9
)
-
)
Ordinary F
share of
-
)
5
)
-
)
5
)
-
)
Ordinary G
share of
-
)
156
)
2
)
156
)
2
)
 
 
 
)
1,000,200
)
10,532
)
1,000,200
)
10,532
)

The Ordinary E, F and G shares are non-voting and together with the D shares carry no income entitlement.

The Ordinary A shares receive all of any capital distribution to a set figure. Thereafter the D, E, F and G shares share the excess proportionately.

11.

Related party transactions

The company has taken advantage of the exemption under FRS 102 not to disclose related party transactions between and with wholly owned group members. 

Included within other debtors is a balance due from a director, amounting to £1,755,121 (2024: £1,246,167). Interest at 3.375% (2024: 2.25%) per annum is charged on the outstanding balance. An amount of £508,954 (2024: 331,374) was advanced to the director during the year; £nil (2024: £nil) of this being repaid. During the year the director received dividends amounting to £559,000 (2024: £389,600).

12.

Ultimate controlling party​

A Atalla is the ultimate controlling party by virtue of his shareholding. 

14