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Registered number: 07925392
Video Results Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Video Results Ltd
Contents
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Video Results Ltd
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 07925392
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 9,318 9,482
9,318 9,482
CURRENT ASSETS
Debtors 5 405,616 301,154
Cash at bank and in hand 17,899 73,289
423,515 374,443
Creditors: Amounts Falling Due Within One Year 6 (55,045 ) (27,730 )
NET CURRENT ASSETS (LIABILITIES) 368,470 346,713
TOTAL ASSETS LESS CURRENT LIABILITIES 377,788 356,195
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,329 ) (2,370 )
NET ASSETS 375,459 353,825
CAPITAL AND RESERVES
Called up share capital 200 200
Profit and Loss Account 375,259 353,625
SHAREHOLDERS' FUNDS 375,459 353,825
Page 1
Page 2
Video Results Ltd
Balance Sheet (continued)
As At 31 March 2025
For the 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.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr T J Breeze
Director
30/12/2025
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Video Results Ltd
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Video Results Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07925392 . The registered office is 5 Cornfield Terrace, Eastbourne, BN21 4NN.
The presentation currency of the financial statements is the Pound Sterling (£).  
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.2. Significant judgements and estimations
No significant judgements have had to be made by the directors in preparing these financial statements.
No key assumptions have had to be made by the directors in preparing these financial statements.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax. When the consideration receivable in cash or cash equivalents is deferred, and the arrangement constitutes in effect a financing transaction, the fair value of the consideration is measured as the present value of all future receipts determined using an imputed rate of interest, normally the rate that discounts the nominal amount of consideration to the cash sales price.
The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met for each of the company's activities of the actual completion of a proportion of the total services to be rendered.
When the outcome of a service contract cannot be estimated reliably the company only recognises revenue to the extent of the recoverable expenses recognised.
2.4. Tangible Fixed Assets and Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures & Fittings 15% on reducing balance
Computer Equipment 33.33% on cost
Tangible fixed assets held for the company’s own use are stated at cost less accumulated depreciation and accumulated impairment losses.
Assets held under finance leases are depreciated in the same way as owned assets.
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.
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Video Results Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
2.5. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account on a straight-line basis, except where another systematic basis is more representative of the time pattern in which economic benefits from the leased asset are consumed. Temporary rent concessions granted as a direct consequence of the Covid-19 pandemic are recognised on a systematic basis over the periods that the change in lease payments is intended to compensate.
2.6. Foreign Currencies
The financial statements are presented in Sterling, which is also the functional currency of the company. Transactions in currencies, other than the functional currency of the company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.
2.7. Taxation
Taxation represents the sum of the tax currently payable and deferred tax.
The company's liability to tax is calculated using the tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on all timing differences between the carrying amounts of the assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period to which the liability is settled or the asset realised, based on tax rates and laws that have been enacted or substantively enacted by the end of the reporting period
2.8. Pensions
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. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 3 (2024: 3)
3 3
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Video Results Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 27,479 28,706 56,185
Additions 333 1,831 2,164
As at 31 March 2025 27,812 30,537 58,349
Depreciation
As at 1 April 2024 18,288 28,415 46,703
Provided during the period 1,428 900 2,328
As at 31 March 2025 19,716 29,315 49,031
Net Book Value
As at 31 March 2025 8,096 1,222 9,318
As at 1 April 2024 9,191 291 9,482
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 57,000 57,000
Amounts recoverable on contracts 187,000 32,000
Other debtors 35,988 125,395
Corporation tax recoverable assets 19,727 11,231
Directors' loan accounts 105,901 75,528
405,616 301,154
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 161 -
Corporation tax 6,749 4,595
Other taxes and social security 1,961 -
VAT 15,985 11,974
Other creditors 27,969 241
Accruals and deferred income 2,220 10,920
55,045 27,730
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Video Results Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
7. Pension Commitments
The company operates a defined contribution pension scheme for the employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £239 (2024 - £241) were due to the fund. They are included in Other Creditors.
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mr Thomas Breeze 75,528 30,626 (253 ) - 105,901
During the year, interest of £1,178 (2024 - £748) was charged on this loan in accordance with HMRC beneficial loan rates. This loan is unsecured and repayable on demand.
9. Related Party Transactions
Included in other creditors is an amount of £17,479 (2024 - £79,913 debtor) owing to Bidurk Ltd, a connected company. This loan is unsecured, interest free and repayable on demand.
Included within turnover is £155,000 in relation to a management charge to Bidurk Ltd, a connected company. At the year end, there was amounts included in debtors of £57,000 (2024 - £57,000) owing. An additional amount of £187,000 (2024 - £32,000) is included in amounts recoverable on contracts.
Included in other debtors is an amount of £247 (2024 - £NIL) owing to Ad Buyers Club Ltd, a connected company. This loan is unsecured, interest free and repayable on demand.
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