Company No: 09959547 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	U Akram (Resigned 29 February 2024)
	L E K Bruce-Gardyne
	S Bumfrey
	I R Graham OBE
	S Hashemi
	N Jopling (Resigned 14 November 2024)
	C L Fitt
	M F Rice-Jones
	J M Stuttard (Appointed 10 April 2024)
	R M Sykes (Appointed 28 March 2024, Resigned 29 January 2025)
	T R Vorley (Appointed 26 June 2024)
	E Warburton (Appointed 06 February 2024)

REGISTERED OFFICE	Rise
	41 Luke Street
	London
	EC2A 4DP
	United Kingdom

COMPANY NUMBER

09959547 (England and Wales)

ACCOUNTANT	S&W Partners LLP
	45 Gresham Street
	London
	EC2V 7BG

	Note	2024		2023
		£		£
Fixed assets
Tangible assets	3	3,055		3,620
		3,055		3,620
Current assets
Debtors	4	641,763		463,444
Cash at bank and in hand		185,745		418,122
		827,508		881,566
Creditors: amounts falling due within one year	5	( 500,962)		( 563,806)
Net current assets		326,546		317,760
Total assets less current liabilities		329,601		321,380
Net assets		329,601		321,380
Reserves
Profit and loss account		329,601		321,380
Total reserves		329,601		321,380

For the financial year ending 31 December 2024 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 financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Scale-Up Institute (registered number: 09959547) were approved and authorised for issue by the Board of Directors on 29 September 2025. They were signed on its behalf by:

I R Graham OBE Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Scale-Up Institute (the Company) is a private company, limited by guarantee, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Rise, 41 Luke Street, London, EC2A 4DP, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of Scale-Up Institute is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

These financial statements are separate financial statements.

Going concern

The financial statements have been prepared on a going concern basis.

The directors have made an assessment in preparing these financial statements as to whether the Company is a going concern and have concluded that there are no material uncertainties that may cast significant doubt on the Company's ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements.

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Turnover from a contract to provide services is recognised over the period in which the services are provided. Amounts received on such contracts in excess of the turnover recognised are shown as referred income. Government grant receivable is recognised in turnover.

Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

Finance costs

Finance costs are charged to the Profit and Loss Account over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Computer equipment

3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Government grants

Government grants are recognised based on the performance model and are measured at the fair value of the asset received or receivable when there is reasonable assurance that the Company will comply with conditions attaching to them and the grants will be received.

A grant that specifies performance conditions is recognised in income only when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the grant proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as deferred income.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	14		12

3. Tangible assets

	Computer equipment		Total
	£		£
Cost
At 01 January 2024	15,014		15,014
Additions	1,667		1,667
At 31 December 2024	16,681		16,681
Accumulated depreciation
At 01 January 2024	11,394		11,394
Charge for the financial year	2,232		2,232
At 31 December 2024	13,626		13,626
Net book value
At 31 December 2024	3,055		3,055
At 31 December 2023	3,620		3,620

4. Debtors

	2024		2023
	£		£
Trade debtors	48,000		0
Prepayments and accrued income	593,338		461,824
Other debtors	425		1,620
	641,763		463,444

5. Creditors: amounts falling due within one year

	2024		2023
	£		£
Trade creditors	167,951		133,099
Accruals and deferred income	201,643		218,131
Taxation and social security	111,195		202,658
Other creditors	20,173		9,918
	500,962		563,806

6. Liability of members

The members of the Scale-Up Institute have undertaken to contribute a sum not exceeding £1 each to meet the liabilities of the Company if it should be wound up.