Registered Number
(England and Wales)
Unaudited Financial Statements for the Year ended
30 June 2024
Directors | |
Registered Address | |
Registered Number |
Notes | 2024 | 2023 | ||||||
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£ | £ | £ | £ | |||||
Fixed assets | ||||||||
Tangible assets | 5 | |||||||
Investments | 6 | |||||||
Current assets | ||||||||
Debtors | ||||||||
Cash at bank and on hand | ||||||||
Creditors amounts falling due within one year | 7 | ( | ( | |||||
Net current assets (liabilities) | ||||||||
Total assets less current liabilities | ||||||||
Creditors amounts falling due after one year | 8 | ( | ( | |||||
Provisions for liabilities | 10 | ( | ( | |||||
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 Board of Directors on 25 February 2025, and are signed on its behalf by: |
Director Registered Company No. 03781993 |
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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Revenue from sale of goods | |
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Employee benefits | |
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Finance costs | |
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Foreign currency translation | |
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Deferred tax | |
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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 cost. 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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Reducing balance (%) | ||
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Plant and machinery | ||
Fixtures and fittings | ||
Vehicles |
Investments | |
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Trade and other debtors | |
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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. | Deferred tax |
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Increases in the UK Corporation tax rate from 19% to 25% (19% effective from 1 April 2017, and 25% effective from 1 April 2023) have been substantively enacted. This will impact the company's future tax charge accordingly. The value of the deferred tax assets at the balance sheet date has been calculated using the applicable rate when the asset is expected to be realised. |
4. | Intangible assets |
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5. | Tangible fixed assets |
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Plant & machinery | Vehicles | Fixtures & fittings | Total | |||||
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£ | £ | £ | £ | |||||
Cost or valuation | ||||||||
At 01 July 23 | ||||||||
Additions | ||||||||
Disposals | ( | ( | ||||||
At 30 June 24 | ||||||||
Depreciation and impairment | ||||||||
At 01 July 23 | ||||||||
Charge for year | ||||||||
On disposals | ( | ( | ||||||
At 30 June 24 | ||||||||
Net book value | ||||||||
At 30 June 24 | ||||||||
At 30 June 23 |
6. | Fixed asset investments |
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Other investments1 | Total | |||
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£ | £ | |||
Cost or valuation | ||||
At 01 July 23 | ||||
At 30 June 24 | ||||
Net book value | ||||
At 30 June 24 | ||||
At 30 June 23 |
Notes | |
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1Other investments other than loans |
7. | Creditors: amounts due within one year |
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2024 | 2023 | |||
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£ | £ | |||
Trade creditors / trade payables | ||||
Bank borrowings and overdrafts | ||||
Taxation and social security | ||||
Other creditors | ||||
Accrued liabilities and deferred income | ||||
Total |
8. | Creditors: amounts due after one year |
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2024 | 2023 | |||
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£ | £ | |||
Other creditors | ||||
Total |
9. | Obligations under finance leases |
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2024 | 2023 | |||
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£ | £ | |||
Finance lease and HP contracts |
10. | Provisions for liabilities |
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2024 | 2023 | |||
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£ | £ | |||
Net deferred tax liability (asset) | ||||
Total |