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SEVEN DIALS FILMS LIMITED
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Seven Dials Films Limited is a private company, limited by shares, registered in England and Wales, registration number 02656784. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.
The company is dormant and not traded during the year.
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 Section 1A of the Financial Reporting Standard 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the Companies Act 2006.
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Functional and presentational currency
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The company's functional and presentational currency is pound sterling.
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Exemption from preparing consolidated financial statements
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The company, and the group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and group are considered eligible for the exemption to prepare consolidated accounts.
The financial statements have been prepared on the going concern basis as the shareholders have confirmed they will continue to provide necessary funding in order for the company to maintain operations and meet liabilities in full for at least the next 12 months. On this basis, the director is satisfied that the financial statements should be prepared on a going concern basis.
Short-term debtors are measured at transaction price, less any impairment.
Short-term creditors are measured at the transaction price.
The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as other debtors and loans with related parties.
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The average monthly number of employees, including the director, during the year was 1 (2024 - 1).
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