Company Registration No. 07943737 (England and Wales)
Open Gate Films Ltd
Unaudited accounts
for the year ended 28 February 2026
Open Gate Films Ltd
Unaudited accounts
Contents
Open Gate Films Ltd
Company Information
for the year ended 28 February 2026
Company Number
07943737 (England and Wales)
Registered Office
16 Tillingbourne Gardens
London
London
N3 3JL
England
Accountants
Alexander-Passe & Co
16 Tillingbourne Gardens
London
N3 3JL
Open Gate Films Ltd
Statement of financial position
as at 28 February 2026
Intangible assets
30,000
35,000
Tangible assets
11,609
15,481
Cash at bank and in hand
(2,000)
(1,977)
Creditors: amounts falling due within one year
(31,755)
(29,713)
Net current liabilities
(33,755)
(31,690)
Total assets less current liabilities
7,854
18,791
Creditors: amounts falling due after more than one year
(11,799)
(18,691)
Net (liabilities)/assets
(3,945)
100
Called up share capital
1
1
Profit and loss account
(3,946)
99
Shareholders' funds
(3,945)
100
For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. 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 Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 November 2026 and were signed on its behalf by
Mr P Mackay
Director
Company Registration No. 07943737
Open Gate Films Ltd
Notes to the Accounts
for the year ended 28 February 2026
Open Gate Films Ltd is a private company, limited by shares, registered in England and Wales, registration number 07943737. The registered office is 16 Tillingbourne Gardens, London, London, N3 3JL, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on reducing balance
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Goodwill is written off in equal annual installments over its estimated economic life of 20 years.
4
Intangible fixed assets
Goodwill
At 28 February 2026
100,000
At 28 February 2026
70,000
At 28 February 2026
30,000
At 28 February 2025
35,000
Open Gate Films Ltd
Notes to the Accounts
for the year ended 28 February 2026
5
Tangible fixed assets
Plant & machinery
At 28 February 2026
77,994
At 28 February 2026
66,385
At 28 February 2026
11,609
At 28 February 2025
15,481
6
Creditors: amounts falling due within one year
2026
2025
Trade creditors
6,678
6,678
Taxes and social security
21,930
20,635
7
Creditors: amounts falling due after more than one year
2026
2025
Other creditors
3,020
7,488
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 1 (2025: 1).