Registered Number
(Northern Ireland)
Unaudited Financial Statements for the Year ended
31 August 2024
Director |
Registered Address | |
Registered Number |
Notes | 2024 | 2023 | ||||||
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£ | £ | £ | £ | |||||
Fixed assets | ||||||||
Intangible assets | 3 | |||||||
Tangible assets | 4 | |||||||
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 | ||||||||
Profit and loss account | ( | ( | ||||||
Shareholders' funds | ( | ( |
The financial statements were approved and authorised for issue by the Director on 5 September 2024, and are signed on its behalf by: |
Director Registered Company No. NI681232 |
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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Judgements and key sources of estimation uncertainty | |
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In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. These critical accounting judgements and estimations are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. |
Turnover policy | |
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Revenue from sale of goods | |
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Employee benefits | |
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Foreign currency translation | |
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Current taxation | |
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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. 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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2. | Average number of employees |
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2024 | 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 | ||||
At 01 September 23 | ||||
Disposals | ( | ( | ||
Net book value | ||||
At 31 August 24 | ||||
At 31 August 23 |
4. | Tangible fixed assets |
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Plant & machinery | Total | |||
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£ | £ | |||
Cost or valuation | ||||
At 01 September 23 | ||||
Disposals | ( | ( | ||
Depreciation and impairment | ||||
At 01 September 23 | ||||
On disposals | ( | ( | ||
Net book value | ||||
At 31 August 24 | ||||
At 31 August 23 |
5. | Debtors: amounts due within one year |
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6. | Creditors: amounts due within one year |
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2024 | 2023 | |||
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£ | £ | |||
Trade creditors / trade payables | ||||
Other creditors | ||||
Total |
7. | Provisions for liabilities |
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