52 GROUP LTD


Directors	K A HEDELIN
	A M PARK
	J M PARK


Company Secretary	WILLIS, Rachel Vyvian


Registered Address	C/O Auria
	48 Warwick Street
	London
	W1B 5AW


Registered Number	05759841 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Intangible assets	3		126,104		27,529
Tangible assets	4		29,878		31,971
			155,982		59,500
Current assets
Debtors	5	312,887		288,169
Cash at bank and on hand		5,560		31,719
		318,447		319,888
Creditors amounts falling due within one year	6	(177,769)		(134,672)
Net current assets (liabilities)			140,678		185,216
Total assets less current liabilities			296,660		244,716
Creditors amounts falling due after one year	7		(36,750)		(9,588)
Net assets			259,910		235,128
Capital and reserves
Called up share capital			500		500
Profit and loss account			259,410		234,628
Shareholders' funds			259,910		235,128

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 30 September 2025, and are signed on its behalf by:

J M PARK
Director
Registered Company No. 05759841

52 GROUP LTD

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	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.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	15
	Office Equipment	10

2.	Average number of employees


		2024		2023
	Average number of employees during the year	6		6

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 January 24	27,529	27,529
Additions	87,198	87,198
Revaluations	51,516	51,516
Disposals	(40,139)	(40,139)
At 31 December 24	126,104	126,104
Net book value
At 31 December 24	126,104	126,104
At 31 December 23	27,529	27,529

4.	Tangible fixed assets

	Plant & machinery	Fixtures & fittings	Total
	£	£	£
Cost or valuation
At 01 January 24	36,990	59,017	96,007
Additions	-	1,499	1,499
At 31 December 24	36,990	60,516	97,506
Depreciation and impairment
At 01 January 24	29,543	34,493	64,036
Charge for year	1,117	2,475	3,592
At 31 December 24	30,660	36,968	67,628
Net book value
At 31 December 24	6,330	23,548	29,878
At 31 December 23	7,447	24,524	31,971

5.	Debtors: amounts due within one year

	2024	2023
	£	£
Trade debtors / trade receivables	70,468	48,968
Amounts owed by group undertakings	205,374	203,420
Other debtors	194	7,238
Prepayments and accrued income	36,851	28,543
Total	312,887	288,169

6.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	27,732	28,444
Bank borrowings and overdrafts	41,982	8,872
Amounts owed to related parties	-	3,900
Taxation and social security	87,643	39,642
Other creditors	20,101	53,814
Accrued liabilities and deferred income	311	-
Total	177,769	134,672


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

7.	Creditors: amounts due after one year

	2024	2023
	£	£
Bank borrowings and overdrafts	36,750	9,588
Total	36,750	9,588