Company Registration No. 14134510 (England and Wales)
Stinger UK Productions Limited
Financial statements
for the year ended 31 December 2025
Pages for filing with the registrar
Stinger UK Productions Limited
Contents
Page
Statement of financial position
1
Notes to the financial statements
2 - 6
Stinger UK Productions Limited
Statement of financial position
As at 31 December 2025
31 December 2025
1
31 December 2025
31 December 2024
Notes
£
£
£
£
Current assets
Debtors
5
2,066,245
3,266,137
Creditors: amounts falling due within one year
6
(2,006,244)
(3,216,136)
Net current assets
60,001
50,001
Capital and reserves
Called up share capital
7
1
1
Profit and loss reserves
60,000
50,000
Total equity
60,001
50,001

The director of the company has elected not to include a copy of the income statement within the financial statements.true

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 28 October 2026.
Thomas  Zadra
Director
Company Registration No. 14134510
Stinger UK Productions Limited
Notes to the financial statements
For the year ended 31 December 2025
2
1
Accounting policies
Company information

Stinger UK Productions Limited is a private company limited by shares incorporated in England and Wales. The registered office is 71 Queen Victoria Street, London, EC4V 4BE.

1.1
Reporting period

The accounts are prepared for the 12 month period from 1 January 2025 to 31 December 2025. The prior accounting period was prepared for the 9 month period from 1 April 2024 to 31 December 2024, therefore the results are not directly comparable.

1.2
Accounting convention

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 under the historical cost convention. The principal accounting policies adopted are set out below.

This company is a qualifying entity for the purposes of FRS 102, being a member of a group where the parent of that group prepares publicly available consolidated financial statements, including this company, which are intended to give a true and fair view of the assets, liabilities, financial position and profit or loss of the group. The company has therefore taken advantage of exemptions from the following disclosure requirements:

 

 

The financial statements of the company are consolidated in the financial statements of MMX Media Finance LLC. These consolidated financial statements are available from its registered office, is 1041 N. Formosa Avenue, West Building, 4th Floor, West Hollywood, CA 90046, United States.

1.3
Turnover

In respect of long-term contracts for on-going services, turnover represents the value of work done in the period, including estimates of amounts not invoiced. Value of work done in respect of long-term contracts and contracts for on-going services is determined by reference to the stage of completion.

The "percentage of completion method" is used to determine the appropriate amount to recognise in a given period. The stage of completion is measured by the proportion of contract costs incurred for work performed to date compared to the estimated total contract costs. Costs incurred in the period in connection with future activity on a contract are excluded from contract costs in determining the stage of completion. These costs are presented in stocks, prepayments or other assets depending on their nature, and provided it is probable they will be recoverable.

Stinger UK Productions Limited
Notes to the financial statements (continued)
For the year ended 31 December 2025
1
Accounting policies (continued)
3
1.4
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention 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, 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.

Classification of financial liabilities

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.

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.

1.5
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.6
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

 

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Stinger UK Productions Limited
Notes to the financial statements (continued)
For the year ended 31 December 2025
1
Accounting policies (continued)
4
1.7
Government grants

Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

 

A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

1.8
Foreign exchange

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.

 

2
Critical accounting judgements and key sources of estimation uncertainty

The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are as follows.

Key sources of estimation uncertainty

The following estimates have had the most significant effect on amounts recognised in the financial statements.

AVEC

The key accounting estimate within the financial statements for this company is the valuation of the Audio Visual Expenditure Credit available. The estimate is based on the assessment of the value of qualifying expenditure as per HMRC legislations and guidance plus assessment of the qualification of the underlying production as eligible for the credit.

 

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

Year ended 31 December 2025
Period ended 31 December 2024
Number
Number
Total
0
0
Stinger UK Productions Limited
Notes to the financial statements (continued)
For the year ended 31 December 2025
5
4
Taxation

The actual charge for the year can be reconciled to the expected charge for the year based on the profit or loss and the standard rate of tax as follows:

Year ended 31 December 2025
Period ended 31 December 2024
£
£
Profit before taxation
10,000
10,000
Expected tax charge based on the standard rate of corporation tax in the UK of 25.00% (Period ended 31 December 2024: 25.00%)
2,500
2,500
Tax effect of expenses that are not deductible in determining taxable profit
-
0
17
Difference to profit arising per the accounts due to audio-visual expenditure credit claim
76,566
32,292
Brought forward losses utilised
(79,066)
(34,809)
Taxation charge for the period
-
-
5
Debtors
31 December 2025
31 December 2024
Amounts falling due within one year:
£
£
Corporation tax recoverable
-
0
1,376,256
Amounts owed by group undertakings
32,258
1,498,961
Other debtors
2,033,987
390,920
2,066,245
3,266,137

Amounts owed by group undertakings are unsecured, interest free and repayable on demand.

6
Creditors: amounts falling due within one year
31 December 2025
31 December 2024
£
£
Trade creditors
-
0
15,535
Amounts owed to group undertakings
1,676,331
3,182,601
Other creditors
328,966
18,000
Bank overdraft
947
-
2,006,244
3,216,136

Amounts owed to group undertakings are unsecured, interest free and repayable on demand.

Stinger UK Productions Limited
Notes to the financial statements (continued)
For the year ended 31 December 2025
6
7
Called up share capital
Year ended 31 December 2025
Period ended 31 December 2024
Year ended 31 December 2025
Period ended 31 December 2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
1
1
1
1
8
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

Opinion

In our opinion the financial statements:

Senior Statutory Auditor:
Isla MacGillivray
Statutory Auditors:
Saffery Audit (UK) LLP
Date of audit report:
4 November 2026
9
Financial commitments, guarantees and contingent liabilities

A fixed and floating charge over all the rights, title and interest relating to the film being produced by Stinger UK Productions Limited was created on 4 May 2023 and is held by Bank of America, N.A.

10
Parent company

The company's immediate parent undertaking is Miramax Film NY, LLC, a company registered in the United States of America.

 

The smallest group for which consolidated financial statements are prepared and which the company is a member of is MMX Media Finance LLC, a company incorporated in the United States. The registered office address of MMX Media Finance LLC is 1041 N. Formosa Avenue, West Building, 4th Floor, West Hollywood, CA 90046, United States.

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