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Registered number: 05072619
SNOWED-IN PRODUCTIONS LTD
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE PERIOD ENDED 31 DECEMBER 2025
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SNOWED-IN PRODUCTIONS LTD
REGISTERED NUMBER: 05072619
STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2025
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Debtors: amounts falling due within one year
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question 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 financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.
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SNOWED-IN PRODUCTIONS LTD
REGISTERED NUMBER: 05072619
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2025
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 9 October 2026.
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SNOWED-IN PRODUCTIONS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
Snowed-In Productions Limited is a private company limited by shares and is incorporated in England. The address of the registered office is 71 Queen Victoria Street, London, United Kingdom, EC4V 4BE.
The current period covers the 9 month period from 1 April 2025 to 31 December 2025.
The comparative period covers the 12 month period from 1 April 2024 to 31 March 2025.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:
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Foreign currency translation
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The Company's functional and presentational currency is GBP.
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.
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.
For commissioned TV programmes, turnover and attributable profit associated with the rendering of television production services are recognised on an episodic basis once delivery of the production to the broadcaster occurs.
Both under and overspends are accounted for once known and are recognised in accordance with the episodic delivery pattern.
Provision is made for any loss making contracts as soon as identified (i.e. expected overspend is in excess of the originally anticipated margin).
Revenues on programmes distributed by third parties and other ancillary revenue are recognised once the company has been notified of sums due to it.
In the case of fixed-price contracts, the customer pays the contracted amount based on a payment schedule. If the services rendered exceed the payment, a contract asset is recognised. If the payment exceeds the services rendered, a contract liability is recognised.
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SNOWED-IN PRODUCTIONS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
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.
Interest income is recognised in profit or loss using the effective interest method.
Defined contribution pension plan
The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.
The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.
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.
Entities in which the company has a long term interest and shares control under a contractual
arrangement are classified as jointly controlled entities.
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Associates and joint ventures
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Associates and Joint Ventures are held at cost less impairment.
Stocks comprise production costs, which are recorded as a current asset. Production costs are amortised to the Statement of Income and Retained Earnings over the period in which rights to the relevant production are being exploited by the Company.
Short term debtors are measured at the transaction price, less any impairment.
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SNOWED-IN PRODUCTIONS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
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Cash and cash equivalents
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Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
Short term creditors are measured at the transaction price, less any impairment.
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
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The personnel involved in the activities of this company are contracted to a connected company who makes a charge to Snowed-In Productions Limited for the cost of such personnel.
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The average monthly number of employees, including directors, during the period was 3 (2025 - 2).
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Investments in subsidiary companies
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Investments in associates
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SNOWED-IN PRODUCTIONS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
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Amounts owed by group undertakings
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Amounts due from group undertakings were provided interest free and are repayable on demand.
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Cash and cash equivalents
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Creditors: Amounts falling due within one year
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Other taxation and social security
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Accruals and deferred income
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SNOWED-IN PRODUCTIONS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
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Related party transactions
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The company has taken advantage of the exemption under paragraph 1AC.35 of FRS 102 from disclosing transactions entered into between two or more members of a group, where any subsidiary undertaking which is party to the transaction is wholly owned by a member of that group.
During the year management charges of £174,706 (March 2025: £908,596) were incurred in relation to services received from a company with common control. At the year-end £153,017 (March 2025: £5,304) was owed to the company in respect of these charges.
During the year management charges of £Nil (March 2025: £10,000), production recoveries of £Nil (March 2025: £Nil) and a production fee of £Nil (March 2025: £Nil) were recognised in relation to services provided to a company with common control. At the year end, £Nil (March 2025: £Nil) was due from the company.
At the year end, £527,486 (March 2025: £527,486) was due to an entity with common control.
During the year development recoveries charge of £Nil (March 2025: £397,420), production recoveries of £127,800 (March 2025: £Nil) and a production fee of £111,505 (March 2025: £Nil) was recognised in relation to services provided to a company with common control. At the period end, £Nil (March 2025: £239,305) was due from the company in respect of services. Also, during the period production funding totaling £315,617, (March 2025: £277,311) was due from this company.
At the period end, £Nil (March 2025: £31,900) was owed to an entity with common control.
At the period end, £2,765 (March 2025: £Nil) was owed to an entity with common control.
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Throughout the year the company was under the control of the director.
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