REGISTERED NUMBER: 14665163 (England and Wales)

50/50 Live 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

3

Directors:

Mr R Astley

Ms L Bausager

Registered office:

4th Floor

100 Fenchurch Street

London

EC3M 5JD

Registered number:

14665163 (England and Wales)

Accountants:

Wilson Stevens

Accountants

4th Floor

100 Fenchurch Street

London

EC3M 5JD

Fixed assets

Tangible assets

4

12,861

11,951

Current assets

Debtors

5

594,752

3,199,044

Investments

6

1,531,662

-

Cash at bank

833,097

172,195

2,959,511

3,371,239

Creditors

Amounts falling due within one year

7

1,798,882

2,705,671

Net current assets

1,160,629

665,568

Total assets less current liabilities

1,173,490

677,519

Provisions for liabilities

3,216

2,988

Net assets

1,170,274

674,531

Capital and reserves

Called up share capital

100

100

Retained earnings

1,170,174

674,431

1,170,274

674,531

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 Live 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% 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.

3.	Employees and directors

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

4.	Tangible fixed assets

Plant and

machinery

£

Cost

At 1st April 2024

15,935

Additions

6,246

Disposals

(1,398

)

At 31st March 2025

20,783

Depreciation

At 1st April 2024

3,984

Charge for year

4,288

Eliminated on disposal

(350

)

At 31st March 2025

7,922

Net book value

At 31st March 2025

12,861

At 31st March 2024

11,951

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

515,826

2,912,881

Other debtors

78,926

286,163

594,752

3,199,044

6.	Current asset investments

2025

2024

£

£

Unlisted investments

1,531,662

-

7.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

45,212

23,000

Taxation and social security

124,464

502,966

Other creditors

1,629,206

2,179,705

1,798,882

2,705,671

8.	Related party disclosures

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

During the period, the company granted a loan of £679 (2024; £21,000) to Ugly Duckling Films Limited. As at the balance sheet date, the amount outstanding from Ugly Duckling Films Limited is £21,679 (2024; £21,000) R. Astley and L. Bausager are also the directors of Ugly Duckling Films Limited. No interest is charged on the loan.