Company No: 11248413 (England and Wales)

Contents

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

DIRECTOR

Mr C A Hines

SECRETARY

Mr C A Hines

REGISTERED OFFICE	124 City Road
	London
	EC1V 2NX
	United Kingdom

COMPANY NUMBER

11248413 (England and Wales)

CHARTERED ACCOUNTANTS	PM+M Solutions for Business LLP
	New Century House
	Greenbank Technology Park
	Challenge Way
	Blackburn
	BB1 5QB

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	2,569		2,010
		2,569		2,010
Current assets
Debtors	4	5,176		5,215
Cash at bank and in hand		697		1,999
		5,873		7,214
Creditors: amounts falling due within one year	5	( 7,524)		( 7,640)
Net current liabilities		(1,651)		(426)
Total assets less current liabilities		918		1,584
Creditors: amounts falling due after more than one year	6	( 167)		( 1,167)
Provision for liabilities		( 479)		( 373)
Net assets		272		44
Capital and reserves
Called-up share capital		1		1
Profit and loss account		271		43
Total shareholder's funds		272		44

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements of 53 Degrees Digital Ltd (registered number: 11248413) were approved and authorised for issue by the Director on 06 October 2025. They were signed on its behalf by:

Mr C A Hines 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

53 Degrees Digital Ltd (the Company) is a private company, limited by shares, 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 124 City Road, London, EC1V 2NX, 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 Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Statement of Income and Retained Earnings in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT.

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.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

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:

Office equipment	3 years straight line
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.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Tangible assets

	Office equipment		Computer equipment		Total
	£		£		£
Cost
At 01 April 2024	497		11,437		11,934
Additions	0		1,599		1,599
At 31 March 2025	497		13,036		13,533
Accumulated depreciation
At 01 April 2024	365		9,559		9,924
Charge for the financial year	105		935		1,040
At 31 March 2025	470		10,494		10,964
Net book value
At 31 March 2025	27		2,542		2,569
At 31 March 2024	132		1,878		2,010

4. Debtors

	2025		2024
	£		£
Trade debtors	240		1,727
Other debtors	4,936		3,488
	5,176		5,215

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	1,000		1,000
Taxation and social security	6,440		6,557
Other creditors	84		83
	7,524		7,640

6. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	167		1,167

7. Related party transactions

At the balance sheet date there was an amount of £4,187 (2024 - £2,958) owed by the director to the company. The loan is repayable upon demand