COMPANY REGISTRATION NUMBER:
12836123
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Element Pictures NS2 Limited (FKA: Eternal Daughter Productions Limited) |
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Filleted Financial Statements |
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Element Pictures NS2 Limited (FKA: Eternal Daughter Productions Limited) |
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Statement of Financial Position |
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31 December 2025
Current assets
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Debtors |
5 |
2 |
20,436 |
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Cash at bank and in hand |
– |
1,242 |
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---- |
-------- |
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2 |
21,678 |
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Creditors: amounts falling due within one year |
6 |
– |
(
21,676) |
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---- |
-------- |
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Net current assets |
2 |
2 |
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---- |
---- |
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Total assets less current liabilities |
2 |
2 |
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---- |
---- |
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Capital and reserves
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Called up share capital |
7 |
2 |
2 |
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---- |
---- |
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Shareholders funds |
2 |
2 |
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---- |
---- |
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These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
These financial statements were approved by the
board of directors
and authorised for issue on
30 September 2026
, and are signed on behalf of the board by:
Company registration number:
12836123
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Element Pictures NS2 Limited (FKA: Eternal Daughter Productions Limited) |
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Notes to the Financial Statements |
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Year ended 31 December 2025
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 23-25 Eastcastle Street, London, W1W 8DF, England.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Foreign currencies
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 rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying small entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under section 1A of FRS 102: (a) No cash flow statement has been presented for the company. (b) Disclosures in respect of financial instruments have not been presented.
Judgements and key sources of estimation uncertainty
Accruals are estimated by reference to purchase orders raised at the period end and estimates to complete. Payments received on account are estimated by reference to percentage of completion of the television production, as noted in "Revenue recognition" below.
Financial instruments
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 entity after deducting all of its financial liabilities.
4.
Employees
The company has been incorporated to produce a film entitled "The Eternal Daughter". In common with the film and television industry the majority of crew are hired on short term contracts for the duration of principal photography or are self-employed.
None of the Directors received any form of remuneration.
5.
Debtors
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2025 |
2024 |
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£ |
£ |
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Amounts owed by group undertakings |
– |
434 |
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Prepayments and accrued income |
– |
20,000 |
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Other debtors |
2 |
2 |
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---- |
-------- |
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2 |
20,436 |
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---- |
-------- |
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6.
Creditors:
amounts falling due within one year
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2025 |
2024 |
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£ |
£ |
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Trade creditors |
– |
16,676 |
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Amounts owed to group undertakings |
– |
5,000 |
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-------- |
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– |
21,676 |
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-------- |
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7.
Called up share capital
Issued, called up and fully paid
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2025 |
2024 |
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No. |
£ |
No. |
£ |
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Ordinary shares of £ 1 each |
2 |
2 |
2 |
2 |
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---- |
---- |
---- |
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8.
Summary audit opinion
The auditor's report dated
30 September 2026
was
unqualified
.
The senior statutory auditor was
Gurvir Cheema
, for and on behalf of
Moore Kingston Smith LLP
.
9.
Related party transactions
All transactions related to the production of the film entitled "The Eternal Daughter" and arose on an arm's-length basis through the normal course of business. The company has taken advantage of Section 33 of FRS 102 from disclosing transactions entered into between two or more members of a group, where any subsidiary undertaking which is a party to the transaction is wholly owned by a member of that group. No further transactions with related parties were undertaken such as are required to be disclosed under FRS 102.
10.
Controlling party
Until 29 May 2026, the immediate parent undertaking is Element Pictures UK Limited, a company incorporated in England and Wales. From that date onwards following a share transfer, the immediate parent undertaking became Fremantle Periodic (Holdings) Limited, a company also incorporated in England and Wales. The smallest group to consolidate these financial statements is RTL Group S.A., a Company registered in Luxembourg. Copies of the RTL Group S.A. Annual Report can be obtained from the General Counsel at RTL Group S.A., 43 Boulevard Pierre Frieden, L-1543 Luxembourg. The ultimate parent undertaking and controlling party is Bertelsmann SE & Co.KGaA, a Company registered in Germany, which is the largest group to consolidate these accounts. Copies of the Bertelsmann SE & Co.KGaA accounts can be obtained from the General Counsel at Bertelsmann SE & Co.KGaA, Carl Bertelsmann Straße 270, 33311 Gütersloh, Germany.