Company No: 12782881 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Current assets
Stocks		5,027,331		5,027,331
Debtors	3	2,071,407		2,071,407
Cash at bank and in hand		176,815		176,815
		7,275,553		7,275,553
Creditors: amounts falling due within one year	4	( 7,285,377)		( 7,285,377)
Net current liabilities		(9,824)		(9,824)
Total assets less current liabilities		(9,824)		(9,824)
Net liabilities		( 9,824)		( 9,824)
Capital and reserves
Called-up share capital		100		100
Profit and loss account		( 9,924 )		( 9,924 )
Total shareholder's deficit		( 9,824)		( 9,824)

There was limited financial information available to the directors at the time of filing the financial statements. The directors continue to undertake their best endeavours to obtain all relevant and current financial information.

For the financial year ending 16 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year 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 Profit and Loss Account has not been delivered.

The financial statements of LOTD25 Limited (registered number: 12782881) were approved and authorised for issue by the Board of Directors on 06 October 2026. They were signed on its behalf by:

Cornelius Patrick Casey Director

Denis O'Sullivan Director

1. Accounting policies

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

General information and basis of accounting

LOTD 25 Limited is a private company limited by shares incorporated in England and Wales. The registered office is 45 Gresham Street, London, EC2V 7BG.

These Financial Statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The Financial Statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these Financial Statements are rounded to the nearest £.

The Financial Statements have been prepared on a going concern basis under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value.

Going concern

At the reporting date the company had net liabilities of £9,824 and is dependent on the support of its parent company which had undertaken to provide such financial support as is required in order for the company to meet its working capital requirements for the foreseeable future.

On this basis, the directors believe it is appropriate to prepare the financial statements on the going concern basis. The financial statements do not include adjustments that would result from withdrawal of this financial support.

Taxation

Current tax
Tax is recognised in the Statement of Income and Retained Earnings. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

The Company is eligible to claim a tax credit on production costs, the tax credit comprises relief based on the total net costs and an additional deduction for enhanceable expenditure. The Company claims a payment based on the amount of enhanced expenditure and carries losses arising from the total net costs forward against future profits.

Stocks

Stocks comprise theatre production costs which are recorded as a current asset. Theatre production costs are amortised to the Statement of Income and Retained Earnings over the period in which the rights to the relevant are exploited subject to any impairment.

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.

Financial instruments

The Company only enters into basis financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and amounts due to related parties.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	0		0

3. Debtors

	2025		2024
	£		£
Trade debtors	340,907		340,907
Prepayments	1,098,756		1,098,756
Other debtors	631,744		631,744
	2,071,407		2,071,407

4. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	1,096,958		1,096,958
Amounts owed to Parent undertakings	2,504,414		2,504,414
Other creditors	3,684,005		3,684,005
	7,285,377		7,285,377

5. Related party transactions

As a wholly owned subsidiary, the company has taken advantage of the exemption available under Section 33 of FRS102 from disclosing transactions with group companies.

At the reporting date, creditors include £2,504,414 due to the company's parent company.
There were no other related party transactions in the period.

6. Ultimate controlling party

Throughout the period the company's immediate parent company was MFCE Entertainment (Holdings) Limited and its ultimate parent company was Cutting Edge Group Limited, a company incorporated in England and Wales.