GRANBELL FINANCIAL SERVICES LTD.

Company Registration Number:
10968285 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 October 2022

End date: 31 December 2023

GRANBELL FINANCIAL SERVICES LTD.

Contents of the Financial Statements

for the Period Ended 31 December 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

GRANBELL FINANCIAL SERVICES LTD.

Company Information

for the Period Ended 31 December 2023




Director: DUKE LINCOLN ROSA
Registered office: Unit 1989
182-184 High Street North
Area 1/1
London
England
England
E6 2JA
Company Registration Number: 10968285 (England and Wales)

GRANBELL FINANCIAL SERVICES LTD.

Directors' Report Period Ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal Activities

Blockchain and telecomunications.

Political and charitable donations

None.

Company policy on the employment of disabled persons

We have policy for disabled employees.

Additional information

N/A.

Directors

The directors shown below have held office during the whole of the period from 01 October 2022 to 31 December 2023
DUKE LINCOLN ROSA

This report was approved by the board of directors on 24 April 2024
And Signed On Behalf Of The Board By:

Name: DUKE LINCOLN ROSA
Status: Director

GRANBELL FINANCIAL SERVICES LTD.

Profit and Loss Account

for the Period Ended 31 December 2023


Notes
15 months to
31 Dec 2023
£

2022
£
Gross Profit or (Loss) 700,000 ( 500,000 )
Distribution Costs ( 750,000 ) ( 1,750,000 )
Administrative Expenses ( 150,000 ) ( 1,900,000 )
Operating Profit or (Loss) ( 200,000 ) ( 4,150,000 )
Profit or (Loss) Before Tax ( 200,000 ) ( 4,150,000 )
Profit or (Loss) for Period ( 200,000 ) ( 4,150,000 )

The notes form part of these financial statements

GRANBELL FINANCIAL SERVICES LTD.

Balance sheet

As at 31 December 2023


Notes
15 months to
31 Dec 2023
£

2022
£
Fixed assets
Intangible assets: 4 1,750,000 1,750,000
Tangible assets: 5 1,000,000 1,000,000
Total fixed assets: 2,750,000 2,750,000
Current assets
Stocks: 2,000,000 2,000,000
Debtors: 750,000 750,000
Cash at bank and in hand: 1,280,000 750,000
Total current assets: 4,030,000 3,500,000
Prepayments and accrued income: 1,500,000
Net current assets (liabilities): 5,530,000 3,500,000
Total assets less current liabilities: 8,280,000 6,250,000
Total net assets (liabilities): 8,280,000 6,250,000

The notes form part of these financial statements

GRANBELL FINANCIAL SERVICES LTD.

Balance sheet continued

As at 31 December 2023


Notes
15 months to
31 Dec 2023
£

2022
£
Capital and reserves
Called up share capital: 6,780,000 5,500,000
Revaluation reserve: 6 1,500,000 750,000
Shareholders funds: 8,280,000 6,250,000

For the year ending 31 December 2023 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 24 April 2024
And Signed On Behalf Of The Board By:

Name: DUKE LINCOLN ROSA
Status: Director

The notes form part of these financial statements

GRANBELL FINANCIAL SERVICES LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

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

GRANBELL FINANCIAL SERVICES LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    15 months to
    31 Dec 2023

    2022
    Average number of employees during the period 0 0

GRANBELL FINANCIAL SERVICES LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

GRANBELL FINANCIAL SERVICES LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 4. Intangible assets

    Total
    Cost £
    At 01 October 2022 1,750,000
    Additions 0
    Disposals -
    Revaluations 0
    Transfers -
    At 31 December 2023 1,750,000
    Amortisation
    Amortisation at 01 October 2022 0
    Charge for year 0
    On disposals (350,000)
    Other adjustments 350,000
    Amortisation at 31 December 2023 0
    Net book value
    Net book value at 31 December 2023 1,750,000
    Net book value at 30 September 2022 1,750,000

    Intangible assets value is based on technology diagrams for specific technologic specifications for applied quantum cryptography applied to blockchain web3.

GRANBELL FINANCIAL SERVICES LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Tangible Assets

Total
Cost £
At 01 October 2022 1,000,000
Additions -
Disposals (400,000)
Revaluations -
Transfers -
At 31 December 2023 600,000
Depreciation
At 01 October 2022 0
Charge for year 150,000
On disposals (550,000)
Other adjustments -
At 31 December 2023 400,000
Net book value
At 31 December 2023 1,000,000
At 30 September 2022 1,000,000

Cash available on directors account ready to invest/cover company expenses or expansion.

GRANBELL FINANCIAL SERVICES LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Revaluation reserve

15 months to
31 Dec 2023
£
Balance at 01 October 2022 750,000
Surplus or deficit after revaluation 750,000
Balance at 31 December 2023 1,500,000

Some of new investments from directors were not validated on time for 2022. Now done properly for 2023.