Fifty One Degrees AI Limited 30/04/2025 iXBRL

Company registration number: 15624222

FIFTY ONE DEGREES AI LIMITED

30 April 2025

HEYWOODS

Chartered Accountants

Countrywide House

Knights Way

Shrewsbury

Shropshire

SY1 3AB

FIFTY ONE DEGREES AI LIMITED

Contents

Directors and other information

Accountants report

Statement of financial position

Statement of changes in equity

Notes to the financial statements

FIFTY ONE DEGREES AI LIMITED

DIRECTORS AND OTHER INFORMATION


Directors	Mr N F Harding	(Appointed 7 April 2024)
	Mr M W Somers	(Appointed 7 April 2024)


Company number	15624222


Registered office	167-169 5th Floor
	Great Portland Street
	London
	W1W 5PF


Business address	167-169 5th Floor
	Great Portland Street
	London
	W1W 5PF


Accountants	Heywoods
	Countrywide House
	Knights Way
	Shrewsbury
	Shropshire
	SY1 3AB

Fifty One Degrees AI Limited

Directors responsibilities statement

Period ended 30 April 2025

The directors are responsible for preparing the directors report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial period. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to:

- select suitable accounting policies and then apply them consistently;

- make judgments and accounting estimates that are reasonable and prudent; and

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

FIFTY ONE DEGREES AI LIMITED

CHARTERED ACCOUNTANTS REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE

UNAUDITED STATUTORY FINANCIAL STATEMENTS OF FIFTY ONE DEGREES AI LIMITED

PERIOD ENDED 30TH APRIL 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Fifty One Degrees AI Limited for the period ended 30 April 2025 which comprise the statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the board of directors of Fifty One Degrees AI Limited, as a body, in accordance with the terms of our engagement letter dated 8 April 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Fifty One Degrees AI Limited and state those matters that we have agreed to state to the board of directors of Fifty One Degrees AI Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Fifty One Degrees AI Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that Fifty One Degrees AI Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Fifty One Degrees AI Limited. You consider that Fifty One Degrees AI Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Fifty One Degrees AI Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Heywoods

Chartered Accountants

Countrywide House

Knights Way

Shrewsbury

Shropshire

SY1 3AB

26 September 2025

FIFTY ONE DEGREES AI LIMITED

STATEMENT OF FINANCIAL POSITION

30TH APRIL 2025

		30/04/25
	Note	£	£

Fixed assets
Tangible assets	5	3,595
		_______
			3,595

Current assets
Debtors	6	52,548
Cash at bank and in hand		11,500
		_______
		64,048
Creditors: amounts falling due
within one year	7	( 52,214)
		_______
Net current assets			11,834
			_______
Total assets less current liabilities			15,429


Provisions for liabilities			( 899)

			_______
Net assets			14,530
			_______

Capital and reserves
Called up share capital			101
Profit and loss account			14,429
			_______
Shareholders funds			14,530
			_______

For the period ending 30 April 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 financial statements for the period in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 17 September 2025 , and are signed on behalf of the board by:

Mr N F Harding Mr M W Somers

Director Director

Company registration number: 15624222

FIFTY ONE DEGREES AI LIMITED

STATEMENT OF CHANGES IN EQUITY

PERIOD ENDED 30TH APRIL 2025

	Called up share capital	Profit and loss account	Total
	£	£	£


At 7 April 2024	-	-	-

Profit for the period		64,429	64,429
	_______	_______	_______
Total comprehensive income for the period	-	64,429	64,429

Issue of shares	101		101
Dividends paid and payable		( 50,000)	( 50,000)
	_______	_______	_______
Total investments by and distributions to owners	101	( 50,000)	( 49,899)

	_______	_______	_______
At 30 April 2025	101	14,429	14,530
	_______	_______	_______

FIFTY ONE DEGREES AI LIMITED

NOTES TO THE FINANCIAL STATEMENTS

PERIOD ENDED 30TH APRIL 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 167-169 5th Floor, Great Portland Street, London, W1W 5PF.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Consolidation

The company has taken advantage of the exemption from preparing consolidated financial statements contained in Section 400 of the Companies Act 2006 on the basis that it is a subsidiary undertaking and its immediate parent undertaking is established under the law of any part of the United Kingdom.

Turnover

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. 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.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and is subsequently stated at cost less any accumulated depreciation and any accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Fittings fixtures and equipment	-	15 %	reducing balance

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the period amounted to 4

5. Tangible assets

	Fixtures, fittings and equipment	Total
	£	£
Cost
At 7 April 2024	-	-
Additions	3,855	3,855
	_______	_______
At 30 April 2025	3,855	3,855
	_______	_______
Depreciation
At 7 April 2024	-	-
Charge for the year	260	260
	_______	_______
At 30 April 2025	260	260
	_______	_______
Carrying amount
At 30 April 2025	3,595	3,595
	_______	_______

6. Debtors

			30/04/25
			£
	Trade debtors		29,000
	Other debtors		23,548
			_______
			52,548
			_______

7. Creditors: amounts falling due within one year

			30/04/25
			£
	Trade creditors		14,820
	Corporation tax		17,070
	Social security and other taxes		12,731
	Other creditors		7,593
			_______
			52,214
			_______

8. Directors advances, credits and guarantees

	During the period the directors entered into the following advances and credits with the company:

Period ended 30/04/25
		Balance brought forward	Advances /(credits) to the directors	Balance o/standing
		£	£	£
	Mr N F Harding	-	( 1,529)	( 1,529)
	Mr M W Somers	-	( 1,000)	( 1,000)
		_______	_______	_______
		-	( 2,529)	( 2,529)
		_______	_______	_______