Company Registration No. SC531620 (Scotland)
Area 52 Ltd
Unaudited accounts
for the year ended 30 April 2026
Area 52 Ltd
Unaudited accounts
Contents
Area 52 Ltd
Company Information
for the year ended 30 April 2026
Directors
Luke Pifold-Thomas
Stephen Paul Senior
Matthew Karl Tutt
Peter Wenham
Company Number
SC531620 (Scotland)
Registered Office
C/O Calculo Ltd 09 Eastworks
Gateway Court
Glasgow
G40 4DS
Scotland
Accountants
Calculo Ltd
Eastworks
Gateway Court
Glasgow
G40 4DS
Area 52 Ltd
Statement of financial position
as at 30 April 2026
Intangible assets
33,346
41,026
Tangible assets
1,873
2,200
Cash at bank and in hand
244,487
90,346
Creditors: amounts falling due within one year
(137,329)
(142,791)
Net current assets
203,418
18,660
Total assets less current liabilities
238,637
61,886
Creditors: amounts falling due after more than one year
(605,000)
(200,829)
Net liabilities
(366,363)
(138,943)
Called up share capital
352
331
Share premium
2,240,283
1,630,840
Profit and loss account
(2,606,998)
(1,770,114)
Shareholders' funds
(366,363)
(138,943)
For the year ending 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 1 October 2026 and were signed on its behalf by
Stephen Paul Senior
Director
Company Registration No. SC531620
Area 52 Ltd
Notes to the Accounts
for the year ended 30 April 2026
Area 52 Ltd is a private company, limited by shares, registered in Scotland, registration number SC531620. The registered office is C/O Calculo Ltd 09 Eastworks, Gateway Court, Glasgow, G40 4DS, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% reducing balance
Computer equipment
10% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Area 52 Ltd
Notes to the Accounts
for the year ended 30 April 2026
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2025
6,703
6,244
12,947
At 30 April 2026
6,703
6,244
12,947
At 1 May 2025
6,703
4,044
10,747
Charge for the year
-
327
327
At 30 April 2026
6,703
4,371
11,074
At 30 April 2026
-
1,873
1,873
At 30 April 2025
-
2,200
2,200
Amounts falling due within one year
Accrued income and prepayments
-
1,122
Other debtors
89,913
59,456
7
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
822
1,971
Trade creditors
97,528
111,503
Taxes and social security
34,780
18,952
Loans from directors
4,199
8,879
8
Creditors: amounts falling due after more than one year
2026
2025
Bank loans
605,000
200,829
9
Average number of employees
During the year the average number of employees was 6 (2025: 4).