Union Visual Effects Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 06722560

Union Visual Effects Limited

Filleted Unaudited Accounts

31 October 2025

Union Visual Effects Limited

Accounts

Year ended 31 October 2025

Contents	Page

Officers and professional advisers	1

Statement of financial position	2

Notes to the accounts	4

Union Visual Effects Limited

Officers and Professional Advisers

The board of directors	Mr T R Caplan
	Mr A K Gascoyne

Company secretary	Mr A K Gascoyne

Registered office	18 Rathbone Place
	London
	W1T 1HX

Accountants	Moore Kingston Smith LLP
	Chartered Accountants
	10 Orange Street
	London
	United Kingdom
	WC2H 7DQ

Union Visual Effects Limited

Statement of Financial Position

31 October 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5	492,606	466,222
Investments	6	61	61
		---------	---------
		492,667	466,283

Current assets

Debtors	7	2,168,028	3,208,631
Cash at bank and in hand		277,983	1,905,098
		------------	------------
		2,446,011	5,113,729

Creditors: amounts falling due within one year	8	( 2,176,789)		( 2,915,853)
		------------		------------
Net current assets			269,222	2,197,876
			---------	------------
Total assets less current liabilities			761,889	2,664,159

Provisions

Taxation including deferred tax	( 71,107)	( 71,107)
	---------	------------
Net assets	690,782	2,593,052
	---------	------------

Capital and reserves

Called up share capital	100	100
Profit and loss account	690,682	2,592,952
	---------	------------
Shareholders funds	690,782	2,593,052
	---------	------------

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 October 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 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts .

Union Visual Effects Limited

Statement of Financial Position (continued)

31 October 2025

These accounts were approved by the board of directors and authorised for issue on 2 July 2026 , and are signed on behalf of the board by:

Mr A K Gascoyne
Director

Company registration number: 06722560

Union Visual Effects Limited

Notes to the Accounts

Year ended 31 October 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 18 Rathbone Place, London, W1T 1HX.

2. Statement of compliance

These accounts have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The accounts have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The accounts are prepared in sterling, which is the functional currency of the entity.

Going concern

The directors have undertaken a thorough review of the business and have concluded that the company remains a going concern for the foreseeable future and the accounts prepared on this basis. In reaching their conclusion, the directors consider the financial robustness of the business and are comfortable that the strength of their cashflow position is sufficient to support their future trading needs.

Consolidation

The company has taken advantage of the option not to prepare consolidated accounts contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Revenue recognition

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when the amount of revenue can be measured reliably, it is probable that the company will receive the consideration due under the contract, the stage of completion of the contract at the end of the reporting period can be measured reliably and the costs incurred and the costs to complete the contract can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Leasehold improvements	-	Over the lease term
Plant and machinery	-	20% straight line
Motor Vehicles	-	25% straight line

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 102 (2024: 85 ).

5. Tangible assets

	Land and buildings	Plant and machinery	Motor vehicles	Total
	£	£	£	£
Cost
At 1 November 2024	555,793	814,473	108,075	1,478,341
Additions	128,675	65,285	–	193,960
	---------	---------	---------	------------
At 31 October 2025	684,468	879,758	108,075	1,672,301
	---------	---------	---------	------------
Depreciation
At 1 November 2024	537,968	436,168	37,983	1,012,119
Charge for the year	22,891	119,372	25,313	167,576
	---------	---------	---------	------------
At 31 October 2025	560,859	555,540	63,296	1,179,695
	---------	---------	---------	------------
Carrying amount
At 31 October 2025	123,609	324,218	44,779	492,606
	---------	---------	---------	------------
At 31 October 2024	17,825	378,305	70,092	466,222
	---------	---------	---------	------------

6. Investments

	Shares in group undertakings
	£
Cost
At 1 November 2024 and 31 October 2025	61
	----
Impairment
At 1 November 2024 and 31 October 2025	–
	----

Carrying amount
At 31 October 2025	61
	----
At 31 October 2024	61
	----

The company owns 100% of the issued share capital of subsidiary undertaking Union Visual Effects Inc, a company incorporated and trading in Canada.

7. Debtors

	2025	2024
	£	£
Trade debtors	535,973	331,706
Amounts owed by group undertakings and undertakings in which the company has a participating interest	–	1,552,795
Other debtors	1,632,055	1,324,130
	------------	------------
	2,168,028	3,208,631
	------------	------------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	223,178	522,014
Amounts owed to group undertakings and undertakings in which the company has a participating interest	496,429	–
Social security and other taxes	268,224	494,070
Other creditors	1,188,958	1,899,769
	------------	------------
	2,176,789	2,915,853
	------------	------------

9. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	2025	2024
	£	£
Included in provisions	71,107	71,107
	--------	--------

The deferred tax account consists of the tax effect of timing differences in respect of:

	2025	2024
	£	£
Accelerated capital allowances	71,107	71,107
	--------	--------

10. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	669,896	360,442
Later than 1 year and not later than 5 years	2,900,678	711,996
Later than 5 years	736,483	–
	------------	------------
	4,307,057	1,072,438
	------------	------------

11. Directors' advances, credits and guarantees

Throughout the year the directors provided the company with an interest free advance. At the balance sheet date the amount owing to the directors was £5,820 (2024: £4,986). The advance is interest free and considered repayable on demand.

12. Related party transactions

The company remained under the joint control of the two directors throughout the current and previous year, by virtue of their joint majority shareholding in the company. No transactions with related parties were undertaken such as are required to be disclosed under FRS 102 Section 1A.