Registration number: 10070589

Eye VFX Ltd

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 4

Eye VFX Ltd

(Registration number: 10070589)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	1,068	1,639
Current assets
Debtors	5	3,000	3,000
Cash at bank and in hand		1,077	7,334
		4,077	10,334
Creditors: Amounts falling due within one year	6	(3,219)	(5,512)
Net current assets		858	4,822
Total assets less current liabilities		1,926	6,461
Provisions for liabilities		(203)	(311)
Net assets		1,723	6,150
Capital and reserves
Called up share capital		101	101
Retained earnings		1,622	6,049
Shareholders' funds		1,723	6,150

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 11 November 2025 and signed on its behalf by:
 

......................................... T E Downes Director

Eye VFX Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
7a King Street
Frome
Somerset
BA11 1BH

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements, and is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Equipment	25% on cost

Eye VFX Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business, and are recognised initially at the transaction price.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers, and are recognised initially at the transaction price.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 0).

4	Tangible assets

	Equipment  £	Total £
Cost or valuation
At 1 April 2024	4,275	4,275
At 31 March 2025	4,275	4,275
Depreciation
At 1 April 2024	2,636	2,636
Charge for the year	571	571
At 31 March 2025	3,207	3,207
Net book value
At 31 March 2025	1,068	1,068
At 31 March 2024	1,639	1,639

Eye VFX Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

5

Debtors

	2025 £	2024 £
Trade debtors	3,000	3,000
	3,000	3,000

6

Creditors

Amounts falling due within one year

	2025 £	2024 £
Due within one year
Taxation and social security	1,651	1,122
Accruals and deferred income	1,524	1,560
Other creditors	44	2,830
	3,219	5,512