It doesn't seem five minutes since we were crowning Adam Deacon as the Bafta Rising Star for 2012 and now we are here again celebrating another batch of fantastic young talent.
The EE Rising Star Award nominees have been announced and Elizabeth Olsen, Andrea Riseborough, Suraj Sharma, Juno Temple and Alicia Vikander will go head to head for this prestigious prize.
The likes of Shia LaBeouf, Noel Clarke, Kristen Stewart and Tom Hardy have all won this gong in the past and this year is one of the most exciting lists.
So it is time to take a closer look at the nominees and the work they have been doing that has caught Bafta's eye.
Andrea Riseborough - is a British actress that FemaleFirst have been excited about for quite some time and she has been making quite a splash in the last few years.
While the early part of her career saw her move between TV and film the latter is where she has exclusively been working since The Devil's Whore back in 2008.
She has appeared in movies such as Never Let Me Go and Made in Dagenham but it was her turn in Brighton Rock that really grabbed everyone's attention.
Since then she has continued her great work with Resistance and Shadow Dancer but 2013 looks set to be the biggest year of her career so far.
We are going to be seeing her in crime drama Welcome To The Punch with James McAvoy and Hidden with Alexander Skarsgård.
But she is going to step into the big budget blockbuster as she will appear in Oblivion with Tom Cruise.
Elizabeth Olsen - is one of the most exciting young talents in Hollywood at the moment and her future looks incredibly bright.
She burst onto the scene with Martha Marcy May Marlene at the end of 2011 and won over the critics with her fantastic central performance.
She has gone on to mix her roles moving from horror of Silent House to comedy/drama with Liberal Arts.
And her star is only going up over the next twelve months as she has four movies ready for release.
She has completed work on Kill Your Darlings and Very Good Girls with Dakota Fanning.
Therese Raquin will see her take on the title role while she is also set to appear in the remake of Oldboy.
Suraj Sharma - made one hell of a big screen debut at the end of last year as he took on the role of Pi Patel in Life of Pi.
The movie saw him team up with Oscar winning filmmaker Ang Lee and it he delivered an emotional and commanding performance.
For that role he has been recognised as a real talent to keep an eye on even though his acting future is a little uncertain as it seems he is set to finish his education.
Juno Temple - is an actress who has been making daring and great movies for quite a few years now and it is fantastic to see her talent recognised.
She has appeared in the likes of Atonement, Glorious 39 and Greenberg in recent years.
But last year she gave a knockout performance in Killer Joe while she was super busy completing a whole host of other projects.
Afternoon Delight, Magic Mike, Lovelace and Truck Stop are all in the can and it looks like we are going to be seeing plenty of Juno Temple on the big screen over the next twelve months.
Alicia Vikander - is an actress that grabbed FemaleFirst's attention last year when she delivered a fantastic performance in A Royal Affair - if you haven't seen this film yet then you really should check it our.
She went on to appear in Anna Karenina with Keira Knightley and her transition into English speaking movies is well and truly under way.
The Seventh Son is her big movie of 2013 as she joins forces with Jeff Bridges, Julianne Moore and Ben Barnes.
The winner will be announced at the EE British Academy Film Awards ceremony on Sunday 10 February 2013