REGISTERED NUMBER: 02561859 (England and Wales)

50/50 Media House Limited

Unaudited Financial Statements

for the Year Ended 31st March 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Directors:

Mr R Astley

Ms L Bausager

Registered office:

4th Floor

100 Fenchurch Street

London

EC3M 5JD

Registered number:

02561859 (England and Wales)

Accountants:

Wilson Stevens

Accountants

4th Floor

100 Fenchurch Street

London

EC3M 5JD

Fixed assets

Tangible assets

4

6,594

9,337

Current assets

Debtors

5

2,453,677

2,438,548

Investments

6

2,352,198

2,261,334

Cash at bank

700,123

493,455

5,505,998

5,193,337

Creditors

Amounts falling due within one year

7

714,095

959,383

Net current assets

4,791,903

4,233,954

Total assets less current liabilities

4,798,497

4,243,291

Provisions for liabilities

9,054

33,704

Net assets

4,789,443

4,209,587

Capital and reserves

Called up share capital

100

100

Fair value reserve

115,835

94,109

Retained earnings

4,673,508

4,115,378

4,789,443

4,209,587

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16th December 2025 and were signed on its behalf by:

Mr R Astley - Director

1.	Statutory information

50/50 Media House Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Investments

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Unlisted investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

3.	Employees and directors

The average number of employees during the year was 2 (2024 - 3 ) .

4.	Tangible fixed assets

Plant and

machinery

£

Cost

At 1st April 2024

and 31st March 2025

29,474

Depreciation

At 1st April 2024

20,137

Charge for year

2,743

At 31st March 2025

22,880

Net book value

At 31st March 2025

6,594

At 31st March 2024

9,337

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

355,143

335,940

Other debtors

2,098,534

2,102,608

2,453,677

2,438,548

6.	Current asset investments

2025

2024

£

£

Listed investments

2,302,198

2,211,334

Unlisted investments

50,000

50,000

2,352,198

2,261,334

7.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

27

506

Taxation and social security

116,374

313,642

Other creditors

597,694

645,235

714,095

959,383

8.	Related party disclosures

During the period, the company granted a loan of £68,875 (2024; £1,228,394) to 50/50 Live Limited. As at the balance sheet date, the balance outstanding from 50/50 Live Limited is £1,297,269 (2024; £1,228,394). R. Astley and L. Bausager are also directors of 50/50 Live Limited. No interest is charged on the loan.

As at the balance sheet date, the amount outstanding from Ugly Duckling Films Limited is £16,529 (2024; £16,529). R. Astley and L. Bausager are also directors of Ugly Duckling Films Limited. No interest is charged on the loan.