Company Registration No. 12453393 (England and Wales)
Ethicube Ltd
Unaudited accounts
for the year ended 28 February 2023
Ethicube Ltd
Unaudited accounts
Contents
Ethicube Ltd
Company Information
for the year ended 28 February 2023
Company Number
12453393 (England and Wales)
Registered Office
27 RIVERSDELL CLOSE
CHERTSEY
KT16 9JW
ENGLAND
Accountants
Falcor BC Limited
1st Floor, 25 Chertsey Road
Chobham
GU24 8PD
Ethicube Ltd
Statement of financial position
as at 28 February 2023
Investments
71,744
102,882
Cash at bank and in hand
4,937
2,890
Creditors: amounts falling due within one year
(14,890)
(19,864)
Net current assets
61,791
85,908
Total assets less current liabilities
61,791
85,908
Provisions for liabilities
Deferred tax
(16,062)
(16,062)
Called up share capital
1,000
1,000
Profit and loss account
44,729
68,846
Shareholders' funds
45,729
69,846
For the year ending 28 February 2023 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 director acknowledges his 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 and authorised for issue on 15 November 2023 and were signed on its behalf by
Mr G PALERMITI
Director
Company Registration No. 12453393
Ethicube Ltd
Notes to the Accounts
for the year ended 28 February 2023
Ethicube Ltd is a private company, limited by shares, registered in England and Wales, registration number 12453393. The registered office is 27 RIVERSDELL CLOSE, CHERTSEY, KT16 9JW, ENGLAND.
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.
4
Investments held as current assets
2023
2022
Unlisted investments
71,744
102,882
The Company held the following assets at year end:
Crypto currencies £68,629
Stock Holdings - £512
Precious coins £2,588
Crypto currencies are marked-to-market at year end.
Coins are held at cost.
5
Creditors: amounts falling due within one year
2023
2022
Amounts owed to group undertakings and other participating interests
5,951
14,178
Taxes and social security
786
86
Loans from directors
2,400
2,400
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).