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REGISTERED NUMBER: 09510978 (England and Wales)















INVISIFILM LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025






INVISIFILM LTD (REGISTERED NUMBER: 09510978)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


INVISIFILM LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: Mrs J S Walsh
S R Walsh





REGISTERED OFFICE: Clarke Nicklin House
Brooks Drive
Cheadle Royal Business Park
Cheadle
SK8 3TD





REGISTERED NUMBER: 09510978 (England and Wales)





ACCOUNTANTS: Clarke Nicklin LLP
Chartered Accountants
Clarke Nicklin House
Brooks Drive
Cheadle Royal Business Park
Cheadle
Cheshire
SK8 3TD

INVISIFILM LTD (REGISTERED NUMBER: 09510978)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 76 -
Tangible assets 5 70,872 81,209
Investments 6 103,421 100,000
174,369 181,209

CURRENT ASSETS
Stocks 18,000 15,000
Debtors 7 134,201 92,934
Cash at bank 424,085 430,528
576,286 538,462
CREDITORS
Amounts falling due within one year 8 232,297 202,142
NET CURRENT ASSETS 343,989 336,320
TOTAL ASSETS LESS CURRENT
LIABILITIES

518,358

517,529

CREDITORS
Amounts falling due after more than one
year

9

(15,438

)

(22,590

)

PROVISIONS FOR LIABILITIES (8,680 ) (10,352 )
NET ASSETS 494,240 484,587

CAPITAL AND RESERVES
Called up share capital 10 102 102
Retained earnings 494,138 484,485
SHAREHOLDERS' FUNDS 494,240 484,587

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

INVISIFILM LTD (REGISTERED NUMBER: 09510978)

BALANCE SHEET - continued
31 MARCH 2025


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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 June 2025 and were signed on its behalf by:





S R Walsh - Director


INVISIFILM LTD (REGISTERED NUMBER: 09510978)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Invisifilm Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Going concern
The directors have reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The directors have reached this conclusion giving due consideration to the projected future performance of the company and any potential risk that might impact the company's ability to meet its required solvency levels. For this reason, they continue to adopt the going concern basis in preparing the financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - Straight line over 7 years
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


INVISIFILM LTD (REGISTERED NUMBER: 09510978)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 13 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2024 1,800
Additions 114
At 31 March 2025 1,914
AMORTISATION
At 1 April 2024 1,800
Charge for year 38
At 31 March 2025 1,838
NET BOOK VALUE
At 31 March 2025 76
At 31 March 2024 -

INVISIFILM LTD (REGISTERED NUMBER: 09510978)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 April 2024 28,162 12,431 39,319
Additions - - -
Disposals - - -
At 31 March 2025 28,162 12,431 39,319
DEPRECIATION
At 1 April 2024 - 9,864 19,508
Charge for year - 514 3,962
Eliminated on disposal - - -
At 31 March 2025 - 10,378 23,470
NET BOOK VALUE
At 31 March 2025 28,162 2,053 15,849
At 31 March 2024 28,162 2,567 19,811

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2024 76,631 3,524 160,067
Additions - 3,852 3,852
Disposals (10,570 ) - (10,570 )
At 31 March 2025 66,061 7,376 153,349
DEPRECIATION
At 1 April 2024 45,992 3,494 78,858
Charge for year 7,307 995 12,778
Eliminated on disposal (9,159 ) - (9,159 )
At 31 March 2025 44,140 4,489 82,477
NET BOOK VALUE
At 31 March 2025 21,921 2,887 70,872
At 31 March 2024 30,639 30 81,209

INVISIFILM LTD (REGISTERED NUMBER: 09510978)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2024 45,881
Disposals (10,570 )
At 31 March 2025 35,311
DEPRECIATION
At 1 April 2024 25,069
Charge for year 4,850
Eliminated on disposal (9,159 )
At 31 March 2025 20,760
NET BOOK VALUE
At 31 March 2025 14,551
At 31 March 2024 20,812

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 April 2024 100,000
Revaluations 3,421
At 31 March 2025 103,421
NET BOOK VALUE
At 31 March 2025 103,421
At 31 March 2024 100,000

Cost or valuation at 31 March 2025 is represented by:

Other
investments
£   
Valuation in 2025 3,421
Cost 100,000
103,421

The historical cost of the fixed asset investment at 31 March 2025 was £100,000.

INVISIFILM LTD (REGISTERED NUMBER: 09510978)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 125,726 92,934
Amounts owed by group undertakings 8,475 -
134,201 92,934

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Hire purchase contracts 4,312 5,844
Trade creditors 97,094 79,298
Corporation tax 37,571 42,992
Social security and other taxes 6,481 7,008
VAT 40,107 43,283
Other creditors 41,897 19,198
Directors' current accounts 288 186
Accrued expenses 4,547 4,333
232,297 202,142

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Hire purchase contracts 15,438 22,590

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary £1 100 100
1 A Ordinary £1 1 1
1 B Ordinary £1 1 1
102 102

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is RS17 Holdings Limited.