CURRENCY ALLIANCE LIMITED

Company Registration Number:
10310835 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2021

Period of accounts

Start date: 01 January 2021

End date: 31 December 2021

CURRENCY ALLIANCE LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2021

Balance sheet
Notes

CURRENCY ALLIANCE LIMITED

Balance sheet

As at 31 December 2021


Notes

2021

2020


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 148,734 159,673
Tangible assets: 4 50,418 568,711
Investments: 5 1,656,444 888,097
Total fixed assets: 1,855,596 1,616,481
Current assets
Stocks: 0 0
Debtors:   0 0
Cash at bank and in hand: 2,573 17,461
Investments:   0 0
Total current assets: 2,573 17,461
Creditors: amounts falling due within one year:   0 (1,420)
Net current assets (liabilities): 2,573 16,041
Total assets less current liabilities: 1,858,169 1,632,522
Creditors: amounts falling due after more than one year: 6 (409,821) (90,210)
Provision for liabilities: 0 0
Total net assets (liabilities): 1,448,348 1,542,312
Capital and reserves
Called up share capital: 1,439,020 1,544,852
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: (2,366) 8,356
Profit and loss account: 11,694 (10,896)
Shareholders funds: 1,448,348 1,542,312

The notes form part of these financial statements

CURRENCY ALLIANCE LIMITED

Balance sheet statements

For the year ending 31 December 2021 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 18 July 2022
and signed on behalf of the board by:

Name: Charles Ehredt
Status: Director

The notes form part of these financial statements

CURRENCY ALLIANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

CURRENCY ALLIANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

2. Employees

2021 2020
Average number of employees during the period 0 0

CURRENCY ALLIANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

3. Intangible Assets

Total
Cost £
At 01 January 2021 159,673
Additions 0
Disposals 0
Revaluations (10,939)
Transfers 0
At 31 December 2021 148,734
Amortisation
At 01 January 2021 0
Charge for year 0
On disposals 0
Other adjustments 0
At 31 December 2021 0
Net book value
At 31 December 2021 148,734
At 31 December 2020 159,673

CURRENCY ALLIANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

4. Tangible Assets

Total
Cost £
At 01 January 2021 568,711
Transfers (518,293)
At 31 December 2021 50,418
Depreciation
At 01 January 2021 0
Charge for year 0
On disposals 0
Other adjustments 0
At 31 December 2021 0
Net book value
At 31 December 2021 50,418
At 31 December 2020 568,711

CURRENCY ALLIANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

5. Fixed investments

Fixed investments are long-term investments made in Currency Alliance SL

CURRENCY ALLIANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

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

Creditor amounts falling due after one year include Convertible Notes from investors.