Registered Number
(England and Wales)
Unaudited Financial Statements for the Period ended
30 November 2023
Directors | |
Company Secretary | KARP, Hugh |
Registered Address | |
Registered Number |
Notes | 2023 | |||
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£ | £ | |||
Fixed assets | ||||
Intangible assets | 3 | |||
Tangible assets | 4 | |||
Current assets | ||||
Debtors | 5 | |||
Cash at bank and on hand | ||||
Creditors amounts falling due within one year | 6 | ( | ||
Net current assets (liabilities) | ||||
Total assets less current liabilities | ||||
Net assets | ||||
Capital and reserves | ||||
Called up share capital | ||||
Share premium | ||||
Profit and loss account | ( | |||
Shareholders' funds |
The financial statements were approved and authorised for issue by the Board of Directors on 20 August 2024, and are signed on its behalf by: |
Director Registered Company No. 14509454 |
1. | Accounting policies |
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Statutory information | |
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Statement of compliance | |
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Basis of preparation | |
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Functional and presentation currency | |
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Going concern | |
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Foreign currency translation | |
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Intangible assets | |
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Cryptocurrency assets | |
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Cryptocurrency assets (under IAS 38) are recorded as intangible assets and can be measured at either cost or revaluation. Intangible assets comprise primarily of cryptocurrency and other digital assets. Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. Intangible assets consisting of cryptocurencies and other digital assets held for investment are determined to have an indefinite useful economic life. These assets are therefore not amortised but reviewed and tested for impairment on a regular basis. |
Tangible fixed assets and depreciation | |
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Straight line (years) | ||
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Office Equipment |
Cash and cash equivalents | |
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Trade and other creditors | |
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Share capital | |
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2. | Average number of employees |
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2023 | ||
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Average number of employees during the year |
3. | Intangible assets |
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Other | Total | |||
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£ | £ | |||
Cost or valuation | ||||
Additions | ||||
Disposals | ( | ( | ||
At 30 November 23 | ||||
Net book value | ||||
At 30 November 23 | ||||
At 27 November 22 |
4. | Tangible fixed assets |
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Office Equipment | Total | |||
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£ | £ | |||
Cost or valuation | ||||
Additions | ||||
At 30 November 23 | ||||
Depreciation and impairment | ||||
Charge for year | ||||
At 30 November 23 | ||||
Net book value | ||||
At 30 November 23 | ||||
At 27 November 22 |
5. | Debtors: amounts due within one year |
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2023 | ||
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£ | ||
Other debtors | ||
Total |
6. | Creditors: amounts due within one year |
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2023 | ||
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£ | ||
Other creditors | ||
Accrued liabilities and deferred income | ||
Total |
7. | Share capital |
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