ACCOUNTS - Final Accounts preparation

Company registration number: 13208688

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 DECEMBER 2024

	BASCULE GROUP LIMITED (FORMERLY KNOWN AS BASCULE PRODUCTIONS LIMITED)


BASCULE GROUP LIMITED (FORMERLY KNOWN AS BASCULE PRODUCTIONS LIMITED)

COMPANY INFORMATION

Director	Christopher Jay


Registered number	13208688


Registered office	4th Floor
	Gresham Street
	London
	EC2V 7AB


Accountants	Menzies LLP
	Chartered Accountants
	4th Floor
	95 Gresham Street
	London
	EC2V 7AB


BASCULE GROUP LIMITED (FORMERLY KNOWN AS BASCULE PRODUCTIONS LIMITED)

CONTENTS

	Page
Statement of financial position	1 - 2
Notes to the financial statements	3 - 6


BASCULE GROUP LIMITED (FORMERLY KNOWN AS BASCULE PRODUCTIONS LIMITED) REGISTERED NUMBER:13208688

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£

Fixed assets
Tangible assets	4		1,417		2,207
Investments	5		10,170,480		9,035,383
			10,171,897		9,037,590
Current assets
Debtors: amounts falling due within one year	6	36,232		36,232
Cash at bank and in hand		132,382		96,081
		168,614		132,313
Creditors: amounts falling due within one year	7	(10,762,730)		(9,503,487)
Net current liabilities			(10,594,116)		(9,371,174)
Total assets less current liabilities			(422,219)		(333,584)

Net liabilities			(422,219)		(333,584)

Capital and reserves
Called up share capital	100	100
Profit and loss account	(422,319)	(333,684)
	(422,219)	(333,584)

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BASCULE GROUP LIMITED (FORMERLY KNOWN AS BASCULE PRODUCTIONS LIMITED) REGISTERED NUMBER:13208688

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 DECEMBER 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

Christopher Jay

Director

Date: 29 September 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2


BASCULE GROUP LIMITED (FORMERLY KNOWN AS BASCULE PRODUCTIONS LIMITED)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

Bascule Group Limited is a private company, limited by shares, registered in England and Wales, company registration number 13208688. The registered office is provided on the company information page of these financial statements and there is no principal place of business.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Going concern

The company made a loss during the year and as at the balance sheet date the company's current assets exceeded its current liabilities by £10,594,116 (2023: £9,371,174). The company relies upon the continuing support of its Director, and their related parties, who has given assurance that they will not demand payment of balances that are due until such a time that the company is in a position to repay those without jeopardising its status as a going concern. The director has therefore considered it to be appropriate to prepare the financial statements on a going concern basis.

2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of income and retained earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3


BASCULE GROUP LIMITED (FORMERLY KNOWN AS BASCULE PRODUCTIONS LIMITED)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment

20%

straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Employees

The average monthly number of employees, including directors, during the period was 2 (2022 - 2).

Page 4


BASCULE GROUP LIMITED (FORMERLY KNOWN AS BASCULE PRODUCTIONS LIMITED)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

4.	Tangible fixed assets

		Computer equipment
		£
	Cost or valuation
	At 1 January 2024	3,952
	At 31 December 2024	3,952
	Depreciation
	At 1 January 2024	1,745
	Charge for the year on owned assets	790
	At 31 December 2024	2,535
	Net book value
	At 31 December 2024	1,417
	At 31 December 2023	2,207

5.	Fixed asset investments

		Investment in subsidiary
		£
	Cost or valuation
	At 1 January 2024	9,035,383
	Additions	1,135,097
	At 31 December 2024	10,170,480

Page 5


BASCULE GROUP LIMITED (FORMERLY KNOWN AS BASCULE PRODUCTIONS LIMITED)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Debtors

					2024	2023
					£	£


Other debtors	36,232	36,232
	36,232	36,232

7.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Other taxation and social security	2,525	944
Other creditors	10,754,455	9,496,793
Accruals and deferred income	5,750	5,750
	10,762,730	9,503,487

8.	Related party transactions
	At the balance sheet date within other creditors is a balance of £10,751,289 (2023: £9,493,632) owed to the director. No interest has been charged on this balance in the year.

Page 6