Registration number: 09370329

Video Design Limited

Contents

Company Information	1
Statement of Financial Position	2
Notes to the Financial Statements	3 to 9

Video Design Limited

Company Information

Directors

S Russell C Dundee

Registered office

15-16 Wilstead Industrial Park, Kenneth Way Bedford MK45 3PD

Auditor

Brebners Chartered Accountants & Statutory Auditor 130 Shaftesbury Avenue London W1D 5AR

Video Design Limited

Statement of Financial Position as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	6	1,565,949	2,167,575
Current assets
Debtors	7	216,507	79,643
Cash at bank and in hand		7,179	604,613
		223,686	684,256
Creditors: Amounts falling due within one year	8	(550,088)	(751,443)
Net current liabilities		(326,402)	(67,187)
Total assets less current liabilities		1,239,547	2,100,388
Creditors: Amounts falling due after more than one year	8	(67,981)	(379,905)
Provisions for liabilities		(219,836)	(362,900)
Net assets		951,730	1,357,583
Capital and reserves
Called up share capital		300	300
Retained earnings		951,430	1,357,283
Shareholders' funds		951,730	1,357,583

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The directors of Video Design Limited have elected not to include a copy of the Income Statement within the financial statements, in accordance with the special provisions relating to companies subject to the small companies regime within the Companies Act 2006, s444.

Approved and authorised by the Board on 23 July 2026 and signed on its behalf by:
 

.........................................

S Russell

Director

Company registration number: 09370329

Video Design Limited

Notes to the Financial Statements for the Year Ended 31 December 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:
15-16 Wilstead Industrial Park, Kenneth Way
Bedford
MK45 3PD

The principal activity of the company is the provision of technical production services.

2	Audit Report

The Independent Auditor's Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 31 July 2026 was Colin Li, who signed for and on behalf of Brebners.

It is noted that the financial statements of Video Design Limited for the year ended 31 December 2024 were exempt from the statutory requirement for audit and hence the corresponding figures are unaudited.

3	Accounting policies

Statement of compliance

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' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

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.

Going concern

The company made a loss for the year ending 31 December 2025, but had net assets of £951,730.

The company has a pipeline of future income and the directors are confident that the company will continue to trade profitably in future periods. The company also has support from its parent entity, which is, in turn, supported by its parent, who have confirmed that they will continue their support for the foreseeable future.

On the basis of the above, and after making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.

Video Design Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of technical production services in the ordinary course of the company's activities. Turnover is shown net of Value Added Tax, returns, rebates and discounts.

The company recognises revenue based upon the stage of completion of production services when the amount can be reliably measured and each stage can be measured reliably.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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 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.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

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
Hire stock	20% straight line
Plant and machinery	20% reducing balance
Office equipment	33% straight line

Video Design Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

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 are largely independent of the cash inflows from other assets or groups of assets.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the income statement over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Finance leases

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability of the lessor is included in the Statement of Financial Position as a finance lease obligation.

Lease payments are apportioned between finance costs in the Income Statement and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Hire purchase contracts

Assets held under hire purchase contracts are capitalised at the lesser of fair value or present value of minimum lease payments in the statement of financial position. The present value of the minimum lease payments is calculated using the interest rate implicit in the lease. A corresponding liability is recognised at the same value in the statement of financial position. The asset is then depreciated over its useful life.

The minimum lease payments are apportioned between the finance charge recognised in the income statement and the reduction of the outstanding liability using the effective interest method. The finance charge in each period is allocated so as to produce a constant periodic rate of interest on the remaining balance of the liability.

Video Design Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

Operating leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease. Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

4	Prior period adjustment

During the year the directors identified the deferred tax provided in previous years was misstated as it had been omitted historically. This has been corrected in the current year and the comparatives have been restated.

At 31 December 2024, the effect of the adjustment is to increase the deferred tax charge by £9,123, the deferred tax liability by £362,900, and reduce the retained earnings brought forward by £353,777. This had the effect of reducing reduce net assets and the profit and loss reserve by £362,900 at 31 December 2024 from that previously stated.

5	Staff numbers

The average number of persons employed by the company during the year, was 12 (2024 - 12).

Page 6

Video Design Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

6	Tangible assets

	Hire Stock £	Plant and machinery £	Office equipment £	Total £
Cost or valuation
At 1 January 2025	4,760,019	204,399	50,790	5,015,208
Additions	30,145	3,577	1,639	35,361
Disposals	(17,897)	-	(9,036)	(26,933)
At 31 December 2025	4,772,267	207,976	43,393	5,023,636
Depreciation
At 1 January 2025	2,707,873	101,181	38,579	2,847,633
Charge for the year	604,141	20,833	5,608	630,582
Eliminated on disposal	(13,971)	-	(6,557)	(20,528)
At 31 December 2025	3,298,043	122,014	37,630	3,457,687
Carrying amount
At 31 December 2025	1,474,224	85,962	5,763	1,565,949
At 31 December 2024	2,052,146	103,218	12,211	2,167,575

7

Debtors

	2025 £	2024 £
Trade debtors	104,667	24,080
Other debtors	111,840	55,563
	216,507	79,643

Other debtors includes an amount of £20,634 (2024: £18,380) receivable in greater than one year.

Video Design Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

8

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Loans and borrowings	9	309,857	568,328
Trade creditors		142,546	43,676
Taxation and social security		10,284	89,400
Accruals and deferred income		85,362	48,379
Other creditors		2,039	1,660
		550,088	751,443