AAAWhat does it mean if I am failing just under 50 marks?

Have you read ACCA's "Prepare to pass" guide for retaking? https://www.accaglobal.com/content/dam/acca/global/PDF-students/acca/p7/3626_Update%20Study%20Guide_Retakes_P7_interactive%20FORM%20v1.pdf I suggest you read the examiner's report for your last attempt and reflect on what you did/didn't, may/may not have done. Are you attempting your "best" Section B Q first and then not giving sufficient time to Q1? Did you "knowledge dump" on a topic rather than answer the Q set? Did you "sit on the fence" rather than "come off the pot"? (Remember, a justified "wrong" answer is more likely to earn marks than an unjustified or fuzzy answer.) You are so close - are you getting the P marks? Is your writing legible? Are you being a "friend" to the marker? (Clear (sub)headings, etc, etc, etc.)