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Company Registration No. 13853170 (England and Wales)
TOKEN TRAXX HOLD CO LTD Unaudited accounts for the year ended 31 January 2024
TOKEN TRAXX HOLD CO LTD Unaudited accounts Contents
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TOKEN TRAXX HOLD CO LTD Company Information for the year ended 31 January 2024
Directors
T Gentry J Jain Galaxy Trading Asia Limited
Company Number
13853170 (England and Wales)
Registered Office
Suite 6, Floor 2 Congress House, 14 Lyon Road Harrow HA1 2EN
Accountants
Evolve Accounting and Tax Solutions Ltd Congress House 14 Lyon Road Harrow Middlesex HA1 2EN
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TOKEN TRAXX HOLD CO LTD Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investments
11 
11 
Current assets
Debtors
208,194 
- 
Cash at bank and in hand
89 
89 
208,283 
89 
Net current assets
208,283 
89 
Total assets less current liabilities
208,294 
100 
Creditors: amounts falling due after more than one year
(208,194)
- 
Net assets
100 
100 
Capital and reserves
Called up share capital
100 
100 
Shareholders' funds
100 
100 
For the year ending 31 January 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 17 October 2024 and were signed on its behalf by
T Gentry Director Company Registration No. 13853170
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TOKEN TRAXX HOLD CO LTD Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
TOKEN TRAXX HOLD CO LTD is a private company, limited by shares, registered in England and Wales, registration number 13853170. The registered office is Suite 6, Floor 2, Congress House, 14 Lyon Road, Harrow, HA1 2EN.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Simple Agreement for Future Equity
Income generated from Simple Agreements of Future Equity is recognised when the event takes place that makes the transfer of equity under the agreement complete. A Simple Agreement of Future Equity (SAFE) is an agreement between an investor and a company that provides rights to the investor for future equity in the company similar to a warrant, except without determining a specific price per share at the time of the initial investment. The SAFE investor receives the future shares when a priced round of investment or liquidity event occurs
4
Investments
Subsidiary undertakings 
£ 
Valuation at 1 February 2023
11 
Valuation at 31 January 2024
11 
At the Balance Sheet date, company owns 100% shares of Token Traxx Music Ltd ( 1000 Ordinary shares at nominal value of £10) and Token Traxx Trading Ltd (1 Ordinary share at nominal value of £1)
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
208,194 
- 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
208,194 
- 
At the Balance Sheet date other creditors include an amount of £208,194 received in respect of Simple Agreements for Future Equity.
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TOKEN TRAXX HOLD CO LTD Notes to the Accounts for the year ended 31 January 2024
7
Transactions with related parties
Included in debtors is an amount due from Token Traxx Music Limited of £208,194.
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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