Registered Number
(England and Wales)
Unaudited Financial Statements for the Period ended
31 December 2023
Director |
Registered Address | |
Registered Number |
Notes | 2023 | 2022 | ||||||
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£ | £ | £ | £ | |||||
Fixed assets | ||||||||
Tangible assets | 3 | |||||||
Investments | 4 | |||||||
Current assets | ||||||||
Debtors | ||||||||
Cash at bank and on hand | ||||||||
Creditors amounts falling due within one year | ( | ( | ||||||
Net current assets (liabilities) | ||||||||
Total assets less current liabilities | ||||||||
Creditors amounts falling due after one year | ( | ( | ||||||
Net assets | ( | |||||||
Capital and reserves | ||||||||
Called up share capital | ||||||||
Profit and loss account | ( | |||||||
Shareholders' funds | ( |
The financial statements were approved and authorised for issue by the Director on 2 September 2024, and are signed on its behalf by: |
Director Registered Company No. 07174772 |
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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Turnover policy | |
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Revenue from rendering of services | |
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Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably. |
Interest income | |
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Interest income is recognised using the effective interest rate method. |
Employee benefits | |
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Foreign currency translation | |
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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. The company has elected to measure them at revaluation as there is now an active market across across many digital exchanges. Therefore, these are recognised at fair value. The assets are held for investment purposes and therefore cannot be recognised as stock as they are not being held for sale in the ordinary course of business. |
Tangible fixed assets and depreciation | |
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Straight line (years) | ||
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Land and buildings | ||
Plant and machinery | ||
Fixtures and fittings | ||
Vehicles | ||
Office Equipment |
Investments | |
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Finance leases and hire purchase contracts | |
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Financial instruments | |
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Government grants or assistance | |
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2. | Average number of employees |
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2023 | 2022 | |||
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Average number of employees during the year |
3. | Tangible fixed assets |
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Total | ||
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£ | ||
Cost or valuation | ||
At 31 December 22 | ||
Additions | ||
At 31 December 23 | ||
Depreciation and impairment | ||
At 31 December 22 | ||
Charge for year | ||
At 31 December 23 | ||
Net book value | ||
At 31 December 23 | ||
At 30 December 22 |
4. | Fixed asset investments |
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Total | ||
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£ | ||
Cost or valuation | ||
At 31 December 22 | ||
Revaluations | ||
At 31 December 23 | ||
Net book value | ||
At 31 December 23 | ||
At 30 December 22 |