REGISTERED NUMBER: 07442860 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

SAGAT CAPITAL LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M T Loukanova

SECRETARY:

M T Loukanova

REGISTERED OFFICE:

5 Brayford Square

London

E1 0SG

REGISTERED NUMBER:

07442860 (England and Wales)

ACCOUNTANTS:

Plus Accounting

Chartered Accountants

Preston Park House

South Road

Brighton

East Sussex

BN1 6SB

FIXED ASSETS

Intangible assets

4

2,445,007

1,291,563

Tangible assets

5

38,823

45,294

Investments

6

776,634

620,627

Investment property

7

85,000

292,000

3,345,464

2,249,484

CURRENT ASSETS

Debtors

8

-

157,833

Cash at bank

3,070

79,432

3,070

237,265

CREDITORS

Amounts falling due within one year

9

(1,276,871

)

(1,696,671

)

NET CURRENT LIABILITIES

(1,273,801

)

(1,459,406

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,071,663

790,078

PROVISIONS FOR LIABILITIES

10

(214,099

)

(73,699

)

NET ASSETS

1,857,564

716,379

CAPITAL AND RESERVES

Called up share capital

153,800

153,800

Retained earnings

1,703,764

562,579

1,857,564

716,379

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 September 2025 and were signed by:

M T Loukanova - Director

1.	STATUTORY INFORMATION

Sagat Capital Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Significant judgements and estimates

Preparation of the financial statements requires management to make significant judgements and these underlying assumptions are reviewed on an ongoing basis.

The items in the financial statements where these judgements and estimates have been made include the valuation of Non-Fungible tokens.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover relates to the provision of consultancy advice and is measured at the fair value of the consideration received or receivable, excluding discounts, rebates and other sales taxes. Turnover is recognised at the point the consultancy services are provided.

Intangible assets

Cryptocurrency and Non-Fungible tokens are included at their current market value.

Tangible fixed assets

Tangible fixed assets held for the Company's own use are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful economic life.

Computer equipment

-

25% straight line

Motor vehicles

-

10% straight line

Impairment policy

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

Financial assets, liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST OR VALUATION

At 1 January 2024

1,291,563

Additions

475,805

Disposals

(404,757

)

Revaluations

1,082,396

At 31 December 2024

2,445,007

NET BOOK VALUE

At 31 December 2024

2,445,007

At 31 December 2023

1,291,563

Cost or valuation at 31 December 2024 is represented by:

Other

intangible

assets

£

Valuation in 2020

802,840

Valuation in 2021

(803,219

)

Valuation in 2022

(179,802

)

Valuation in 2023

329,035

Valuation in 2024

1,082,397

Cost

1,213,756

2,445,007

5.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2024

and 31 December 2024

64,706

11,408

76,114

DEPRECIATION

At 1 January 2024

19,412

11,408

30,820

Charge for year

6,471

-

6,471

At 31 December 2024

25,883

11,408

37,291

NET BOOK VALUE

At 31 December 2024

38,823

-

38,823

At 31 December 2023

45,294

-

45,294

6.	FIXED ASSET INVESTMENTS

2024

2023

£

£

Other investments not loans

776,634

620,627

Additional information is as follows:

Other

investments

£

COST OR VALUATION

At 1 January 2024

602,264

Additions

47,669

Revaluations

108,338

At 31 December 2024

758,271

NET BOOK VALUE

At 31 December 2024

758,271

At 31 December 2023

602,264

Cost or valuation at 31 December 2024 is represented by:

Other

investments

£

Valuation in 2020

176,627

Valuation in 2021

491,542

Valuation in 2022

(785,998

)

Valuation in 2023

85,476

Valuation in 2024

108,341

Cost

682,283

758,271

Investments (neither listed nor unlisted) were as follows:

2024

2023

£

£

Artwork

18,363

18,363

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

292,000

Disposals

(219,000

)

Revaluations

12,000

At 31 December 2024

85,000

NET BOOK VALUE

At 31 December 2024

85,000

At 31 December 2023

292,000

Fair value at 31 December 2024 is represented by:

£

Valuation in 2022

(11,630

)

Valuation in 2023

(2,000

)

Valuation in 2024

12,000

Cost

86,630

85,000

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

-

157,833

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Taxation and social security

29,518

57,579

Other creditors

1,247,353

1,639,092

1,276,871

1,696,671

10.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

214,099

73,699

Deferred tax

£

Balance at 1 January 2024

73,699

Provision movement

140,400

Balance at 31 December 2024

214,099