REGISTERED NUMBER: 08014328 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 31st March 2025

for

Vz Remote Systems Ltd

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

L S Godfrey

Mrs S Godfrey

SECRETARY:

REGISTERED OFFICE:

146 High Street

Billericay

Essex

CM12 9DF

REGISTERED NUMBER:

08014328 (England and Wales)

ACCOUNTANTS:

K E Jay & Co

52 Fielding Way

Hutton

Brentwood

Essex

CM13 1JN

The directors present their report with the financial statements of the company for the year ended 31st March 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of the rental of equipment to the film industry.

DIRECTORS

The directors shown below have held office during the whole of the period from 1st April 2024 to the date of this report.

L S Godfrey

Mrs S Godfrey

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

L S Godfrey - Director

1st December 2025

TURNOVER

41,609

17,924

Cost of sales

830

9,838

GROSS PROFIT

40,779

8,086

Administrative expenses

18,946

13,683

OPERATING PROFIT/(LOSS) and

PROFIT/(LOSS) BEFORE TAXATION

21,833

(5,597

)

Tax on profit/(loss)

-

(1,042

)

PROFIT/(LOSS) FOR THE FINANCIAL YEAR

21,833

(4,555

)

FIXED ASSETS

Tangible assets

5

16,794

4,142

CURRENT ASSETS

Debtors

6

4,008

2,500

Cash at bank

15,346

24,579

19,354

27,079

CREDITORS

Amounts falling due within one year

7

27,606

44,512

NET CURRENT LIABILITIES

(8,252

)

(17,433

)

TOTAL ASSETS LESS CURRENT LIABILITIES

8,542

(13,291

)

CAPITAL AND RESERVES

Called up share capital

400

400

Retained earnings

8,142

(13,691

)

SHAREHOLDERS' FUNDS

8,542

(13,291

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 1st December 2025 and were signed on its behalf by:

L S Godfrey - Director

1.	STATUTORY INFORMATION

Vz Remote Systems 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.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	OPERATING PROFIT/(LOSS)

The operating profit (2024 - operating loss) is stated after charging:

31.3.25

31.3.24

£

£

Depreciation - owned assets

5,599

1,371

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1st April 2024

72,799

844

2,283

75,926

Additions

18,075

176

-

18,251

At 31st March 2025

90,874

1,020

2,283

94,177

DEPRECIATION

At 1st April 2024

68,968

760

2,056

71,784

Charge for year

5,477

65

57

5,599

At 31st March 2025

74,445

825

2,113

77,383

NET BOOK VALUE

At 31st March 2025

16,429

195

170

16,794

At 31st March 2024

3,831

84

227

4,142

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

4,008

2,500

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Taxation and social security

-

2,140

Other creditors

27,606

42,372

27,606

44,512