Company No: 03470409 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	31.12.2025		28.02.2025
		£		£
Fixed assets
Tangible assets	3	1,692		0
		1,692		0
Current assets
Debtors	4	7,553		6,388
Cash at bank and in hand		8,510		57
		16,063		6,445
Creditors: amounts falling due within one year	5	( 40,028)		( 19,994)
Net current liabilities		(23,965)		(13,549)
Total assets less current liabilities		(22,273)		(13,549)
Net liabilities		( 22,273)		( 13,549)
Capital and reserves
Called-up share capital	7	2		2
Profit and loss account		( 22,275 )		( 13,551 )
Total shareholders' deficit		( 22,273)		( 13,549)

For the financial period ending 31 December 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Pocket Films Limited (registered number: 03470409) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

Kevin Russell Potter Director

23 September 2026

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

Pocket Films Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Summerhill House, Sculthorpe Road, Fakenham, NR21 9HA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors note that the business has net liabilities of £22,273. The Company is supported through loans from the directors. The directors have confirmed that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the directors will continue to support the Company. Given the current position, the directors believe that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Reporting period length

The company has changed its reporting period end from 28 February 2026 to 31 December 2025. The directors took this decision to better align the accounting period with their budgeting and forecasting models. As a result, these financial statements cover a ten month period rather than the usual twelve months. Consequently, the comparative amounts presented in these financial statements, including the related notes, are not entirely comparable with the current period's figures.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and 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 is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax
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 financial statements. 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.

The carrying amount of deferred tax assets is reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Computer equipment

3 years straight line

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.

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 creditors: amounts falling due within one year.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Statement of Financial Position when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

2. Employees

	Period from 01.03.2025 to 31.12.2025		Period from 01.04.2024 to 28.02.2025
	Number		Number
Monthly average number of persons employed by the Company during the period, including directors	0		1

3. Tangible assets

	Computer equipment		Total
	£		£
Cost
At 01 March 2025	0		0
Additions	1,791		1,791
At 31 December 2025	1,791		1,791
Accumulated depreciation
At 01 March 2025	0		0
Charge for the financial period	99		99
At 31 December 2025	99		99
Net book value
At 31 December 2025	1,692		1,692
At 28 February 2025	0		0

4. Debtors

	31.12.2025		28.02.2025
	£		£
Trade debtors	1,152		4,008
Amounts owed by Group undertakings	90		0
Deferred tax asset	2,890		0
Other debtors	3,421		2,380
	7,553		6,388

5. Creditors: amounts falling due within one year

	31.12.2025		28.02.2025
	£		£
Trade creditors	1,260		65
Amounts owed to connected companies	37,000		17,000
Taxation and social security	68		1,604
Other creditors	1,700		1,325
	40,028		19,994

6. Deferred tax

	31.12.2025		28.02.2025
	£		£
At the beginning of financial period	0		0
Credited to the Statement of Income and Retained Earnings	2,890		0
At the end of financial period	2,890		0

7. Called-up share capital

	31.12.2025		28.02.2025
	£		£
Allotted, called-up and fully-paid
20 Ordinary 10p shares of £ 0.10 each	2		2