REGISTERED NUMBER: 11197284 (England and Wales)

Unaudited Financial Statements for the Year Ended 28th February 2026

for

Sarah Breakwell VFX Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S L Breakwell

REGISTERED OFFICE:

Station View House

41 Brunswick Road

Shoreham By Sea

West Sussex

BN43 5WA

REGISTERED NUMBER:

11197284 (England and Wales)

ACCOUNTANTS:

Cloud Concepts Accounting Ltd

Station View House

41 Brunswick Road

Shoreham By Sea

West Sussex

BN43 5WA

FIXED ASSETS

Tangible assets

4

753

1,346

CURRENT ASSETS

Debtors

5

12,150

4,200

Cash at bank

22,495

25,867

34,645

30,067

CREDITORS

Amounts falling due within one year

6

(7,980

)

(6,342

)

NET CURRENT ASSETS

26,665

23,725

TOTAL ASSETS LESS CURRENT LIABILITIES

27,418

25,071

PROVISIONS FOR LIABILITIES

7

(143

)

(256

)

NET ASSETS

27,275

24,815

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

27,265

24,805

SHAREHOLDERS' FUNDS

27,275

24,815

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 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 Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 20th April 2026 and were signed by:

S L Breakwell - Director

1.	STATUTORY INFORMATION

Sarah Breakwell VFX Limited 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.

Changes in accounting policies

The company has adopted the amendments to FRS 102 Section 23 - Revenue, issued as part of the FRS 102 Periodic Review 2024, for the first time in these financial statements. The revised standard introduces a five-step model for revenue recognition based on the transfer of control of goods or services to customers.

The company has elected to apply the modified retrospective approach on transition. Accordingly, comparative information for the prior period has not been restated, and the cumulative effect of initially applying the revised standard has been recognised as an adjustment to the opening balance of retained earnings at the beginning of the accounting period.

Turnover

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

Revenue is recognised in accordance with FRS 102 Section 23 - Revenue (as amended).

Revenue represents the consideration to which the company expects to be entitled in exchange for the transfer of goods or services to customers in the ordinary course of business, excluding value added tax and other similar taxes.

Revenue is recognised when the company satisfies its performance obligations by transferring control of goods or services to a customer. Depending on the nature of the contract, revenue is recognised either over time as services are provided or at a point in time when control of the goods passes to the customer.

Amounts received in advance of the delivery of goods or services are recognised as deferred income, while amounts recognised as revenue before invoicing are recognised as accrued income.

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 etc

-

33% on cost

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.

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 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st March 2025

and 28th February 2026

3,024

DEPRECIATION

At 1st March 2025

1,678

Charge for year

593

At 28th February 2026

2,271

NET BOOK VALUE

At 28th February 2026

753

At 28th February 2025

1,346

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

12,150

4,200

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

6,867

5,557

Other creditors

1,113

785

7,980

6,342

7.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

143

256

Deferred

tax

£

Balance at 1st March 2025

256

Capital allowances in advance

(113

)

of depreciation

Balance at 28th February 2026

143