Cryptonote Limited 10797798 true 2022-07-01 2023-06-30 2023-06-30 The principal activity of the company is that of software development. Digita Accounts Production Advanced 6.30.9574.0 true Dr Nicholas Woodruff true 10797798 2022-07-01 2023-06-30 10797798 2023-06-30 10797798 bus:OrdinaryShareClass1 2023-06-30 10797798 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 10797798 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-06-30 10797798 bus:FRS102 2022-07-01 2023-06-30 10797798 bus:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 10797798 bus:FullAccounts 2022-07-01 2023-06-30 10797798 bus:RegisteredOffice 2022-07-01 2023-06-30 10797798 bus:Director1 2022-07-01 2023-06-30 10797798 bus:OrdinaryShareClass1 2022-07-01 2023-06-30 10797798 bus:EntityHasNeverTraded 2022-07-01 2023-06-30 10797798 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 10797798 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-07-01 2023-06-30 10797798 countries:England 2022-07-01 2023-06-30 10797798 2022-06-30 10797798 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-06-30 10797798 2022-06-30 10797798 bus:OrdinaryShareClass1 2022-06-30 10797798 core:CurrentFinancialInstruments core:WithinOneYear 2022-06-30 10797798 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-06-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 10797798

Cryptonote Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 June 2023

 

Cryptonote Limited

(Registration number: 10797798)
Balance Sheet as at 30 June 2023

Note

2023
£

2022
£

Fixed assets

 

Intangible assets

3

62,987

62,987

Creditors: Amounts falling due within one year

4

(62,987)

(62,987)

Net assets/(liabilities)

 

-

-

Capital and reserves

 

Shareholders' funds/(deficit)

 

-

-

For the financial year ending 30 June 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 9 November 2023
 

.........................................
Dr Nicholas Woodruff
Director

 

Cryptonote Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2023

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Wellesley House
204 London Road
Waterlooville
Hampshire
PO7 7AN
England

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Software development

Not currently amortised

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

Cryptonote Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2023

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Intangible assets

Internally generated software development costs
 £

Total
£

Cost or valuation

At 1 July 2022

62,987

62,987

At 30 June 2023

62,987

62,987

Amortisation

Carrying amount

At 30 June 2023

62,987

62,987

At 30 June 2022

62,987

62,987

4

Creditors

2023
£

2022
£

Due within one year

Other payables

62,487

62,487

Accruals

500

500

62,987

62,987

5

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary shares of £0.01 each

1

-

1

-