REGISTERED NUMBER: 06058894 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

LIGHT FANTASTIC PRODUCTION SERVICES

LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R Myer

Mr A Vere

REGISTERED OFFICE:

6 Elstree Way

Borehamwood

WD6 1RN

REGISTERED NUMBER:

06058894 (England and Wales)

ACCOUNTANTS:

Fusion Accountancy Limited

Marlborough House

298 Regents Park Road

London

N3 2SZ

FIXED ASSETS

Tangible assets

4

1,274,289

1,136,815

CURRENT ASSETS

Stocks

5

21,625

20,000

Debtors

6

403,846

607,807

Cash at bank

857,958

1,006,890

1,283,429

1,634,697

CREDITORS

Amounts falling due within one year

7

1,190,536

1,712,805

NET CURRENT ASSETS/(LIABILITIES)

92,893

(78,108

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,367,182

1,058,707

CREDITORS

Amounts falling due after more than one year

8

(82,963

)

(185,473

)

PROVISIONS FOR LIABILITIES

10

(303,509

)

(263,583

)

NET ASSETS

980,710

609,651

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

979,710

608,651

SHAREHOLDERS' FUNDS

980,710

609,651

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2026 and were signed on its behalf by:

Mr R Myer - Director

1.	STATUTORY INFORMATION

Light Fantastic Production Services Ltd 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.

Turnover

Turnover represents amounts receivable for lighting and events production, net of value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Tools and equipment - 25% on reducing balance

Motor vehicles - 25% on reducing balance

Computer equipment - 25% on reducing balance

Improvements to leasehold - over the life of the lease

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 38 (2025 - 41 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Tools and

Motor

Computer

to property

equipment

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

88,865

2,878,888

104,937

166,900

3,239,590

Additions

282,131

161,778

-

26,717

470,626

Disposals

-

-

(25,765

)

-

(25,765

)

At 31 March 2026

370,996

3,040,666

79,172

193,617

3,684,451

DEPRECIATION

At 1 April 2025

76,632

1,868,754

45,426

111,963

2,102,775

Charge for year

12,064

283,440

13,668

19,140

328,312

Eliminated on disposal

-

-

(20,925

)

-

(20,925

)

At 31 March 2026

88,696

2,152,194

38,169

131,103

2,410,162

NET BOOK VALUE

At 31 March 2026

282,300

888,472

41,003

62,514

1,274,289

At 31 March 2025

12,233

1,010,134

59,511

54,937

1,136,815

5.

STOCKS

31.3.26

31.3.25

£

£

Stocks

21,625

20,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

210,792

488,008

Other debtors

149,500

23,125

Prepayments and accrued income

43,554

96,674

403,846

607,807

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans

58,195

95,017

Hire purchase contracts (see note 9)

137,638

140,491

Trade creditors

209,068

262,387

Corporation tax

211,401

82,443

Social security and other taxes

43,172

39,147

Value added tax

170,539

193,704

Other creditors

201,797

807,622

Director's current account

1,132

1,242

Accruals and deferred income

157,594

90,752

1,190,536

1,712,805

The bank loans are secured by legal charges over the assets of the company.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans due in more than

one year

-

57,349

Hire purchase contracts (see note 9)

82,963

128,124

82,963

185,473

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.3.26

31.3.25

£

£

Net obligations repayable:

Within one year

137,638

140,491

Between one and five years

82,963

128,124

220,601

268,615

Non-cancellable

operating leases

31.3.26

31.3.25

£

£

Within one year

359,000

46,250

Between one and five years

1,196,667

-

1,555,667

46,250

10.	PROVISIONS FOR LIABILITIES

31.3.26

31.3.25

£

£

Deferred tax

303,509

263,583

Deferred tax

£

Balance at 1 April 2025

263,583

Charge to Income Statement during year

39,926

Balance at 31 March 2026

303,509