REGISTERED NUMBER: 10001038 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

ILLUMINATE AUDIO VISUAL EFFECTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C L Phillips

REGISTERED OFFICE:

37 High Street

Broseley

Shropshire

TF12 5EZ

REGISTERED NUMBER:

10001038 (England and Wales)

ACCOUNTANTS:

Astbury Accountants Limited

12 Northgate

Bridgnorth

Shropshire

WV16 4ER

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

113,417

104,059

113,417

104,059

CURRENT ASSETS

Stocks

253

-

Debtors

6

47,728

108,551

Prepayments and accrued income

3,636

8,026

Cash at bank

27,628

12,414

79,245

128,991

CREDITORS

Amounts falling due within one year

7

97,818

167,269

NET CURRENT LIABILITIES

(18,573

)

(38,278

)

TOTAL ASSETS LESS CURRENT LIABILITIES

94,844

65,781

CREDITORS

Amounts falling due after more than one year

8

(4,702

)

(8,637

)

PROVISIONS FOR LIABILITIES

(24,537

)

(17,065

)

NET ASSETS

65,605

40,079

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

65,505

39,979

SHAREHOLDERS' FUNDS

65,605

40,079

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 director acknowledges his 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 director and authorised for issue on 29 July 2026 and were signed by:

C L Phillips - Director

1.	STATUTORY INFORMATION

Illuminate Audio Visual Effects 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.

Turnover

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

A 20% deposit is paid upon booking of events which relates to the initial meeting and planning of the event and is non refundable, this income is recognised upon receipt as that element of the service has been supplied. The remainder of turnover is recognised in the accounting period in which the services are rendered when the outcome of the contract can be estimated reliably.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Contracts, books & intellectual property rights are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets

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

Land and buildings

-

5% on cost

Plant and machinery etc

-

33% on cost, 25% on reducing balance and 20% on cost

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are stated at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 April 2025

and 31 March 2026

14,498

4

14,502

AMORTISATION

At 1 April 2025

and 31 March 2026

14,498

4

14,502

NET BOOK VALUE

At 31 March 2026

-

-

-

At 31 March 2025

-

-

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2025

15,426

274,311

289,737

Additions

2,484

40,205

42,689

At 31 March 2026

17,910

314,516

332,426

DEPRECIATION

At 1 April 2025

2,006

183,672

185,678

Charge for year

840

32,491

33,331

At 31 March 2026

2,846

216,163

219,009

NET BOOK VALUE

At 31 March 2026

15,064

98,353

113,417

At 31 March 2025

13,420

90,639

104,059

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

47,728

108,551

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

3,895

3,895

Trade creditors

3,981

1,939

Taxation and social security

32,042

35,041

Other creditors

57,900

126,394

97,818

167,269

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

4,702

8,637

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

£1

100

100