Registration number: 06644210

Videotile Learning Ltd

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 9

Videotile Learning Ltd

(Registration number: 06644210)
Balance Sheet as at 30 August 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	79,913	106,551
Current assets
Debtors	6	628,525	342,247
Cash at bank and in hand		914,553	1,255,926
		1,543,078	1,598,173
Creditors: Amounts falling due within one year	7	(470,018)	(501,683)
Net current assets		1,073,060	1,096,490
Total assets less current liabilities		1,152,973	1,203,041
Creditors: Amounts falling due after more than one year	7	(20,359)	(37,284)
Provisions for liabilities		(7,826)	(12,510)
Net assets		1,124,788	1,153,247
Capital and reserves
Called up share capital	8	100	100
Retained earnings		1,124,688	1,153,147
Shareholders' funds		1,124,788	1,153,247

Videotile Learning Ltd

(Registration number: 06644210)
Balance Sheet as at 30 August 2025

For the financial period ending 30 August 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 period in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account and directors’ report have not been delivered in accordance with the special provisions applicable to companies subject to the small companies regime.

Approved and authorised by the Board on 28 August 2026 and signed on its behalf by:
 

......................................... Mr DE Hines Company secretary and director

Videotile Learning Ltd

Notes to the Unaudited Financial Statements for the Period from 1 September 2024 to 30 August 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:
Westlands House Whalley Road
Padiham
Burnley
Lancashire
BB12 8JX
England

These financial statements were authorised for issue by the Board on 28 August 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

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, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in sterling, which is the functional currency of the company and are rounded to the nearest pound.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

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.

Videotile Learning Ltd

Notes to the Unaudited Financial Statements for the Period from 1 September 2024 to 30 August 2025

Tax

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

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable 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 balance sheet 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, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures, fittings and office equipment	25% reducing balance
Motor vehicles	25% reducing balance
Plant and machinery	25% reducing balance

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.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Videotile Learning Ltd

Notes to the Unaudited Financial Statements for the Period from 1 September 2024 to 30 August 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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 profit and loss account 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.

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.

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 to the lessor is included in the balance sheet as a finance lease obligation.

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

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Videotile Learning Ltd

Notes to the Unaudited Financial Statements for the Period from 1 September 2024 to 30 August 2025

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.

Employee Benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

3	Staff numbers

The average number of persons employed by the company (including directors) during the period, was 20 (2024 - 20).

4	Intangible assets

	Other intangible assets  £	Total £
Cost or valuation
At 1 September 2024	3,000	3,000
At 30 August 2025	3,000	3,000
Amortisation
At 1 September 2024	3,000	3,000
At 30 August 2025	3,000	3,000
Carrying amount
At 30 August 2025	-	-

Videotile Learning Ltd

Notes to the Unaudited Financial Statements for the Period from 1 September 2024 to 30 August 2025

5	Tangible assets

	Fixtures, fittings and office equipment £	Motor vehicles  £	Plant and machinery £	Total £
Cost or valuation
At 1 September 2024	163,001	79,722	5,997	248,720
At 30 August 2025	163,001	79,722	5,997	248,720
Depreciation
At 1 September 2024	101,145	36,413	4,611	142,169
Charge for the year	15,465	10,827	346	26,638
At 30 August 2025	116,610	47,240	4,957	168,807
Carrying amount
At 30 August 2025	46,391	32,482	1,040	79,913
At 31 August 2024	61,856	43,309	1,386	106,551

Hire Purchase Contracts

Included within the net book value of tangible fixed assets is £26,173 (2024 - £34,897) in respect of assets held under hire purchase contracts. Depreciation for the year on these assets was £8,724 (2024 - £11,633).

6

Debtors

Current	2025 £	2024 £
Trade debtors	126,210	70,308
Prepayments	3,175	5,262
Other debtors	499,140	266,677
	628,525	342,247

Videotile Learning Ltd

Notes to the Unaudited Financial Statements for the Period from 1 September 2024 to 30 August 2025

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	10	16,925	16,665
Trade creditors		30,732	31,375
Taxation and social security		405,884	435,356
Accruals and deferred income		14,781	18,283
Other creditors		1,696	4
		470,018	501,683