Company No: 11212603 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Intangible assets	4	78,209		78,209
Tangible assets	5	44,007		107,920
		122,216		186,129
Current assets
Debtors	6	32,424		1,298,491
Investments		126,487		104,221
Cash at bank and in hand	7	68,418		105,536
		227,329		1,508,248
Creditors: amounts falling due within one year	8	( 11,638)		( 336,988)
Net current assets		215,691		1,171,260
Total assets less current liabilities		337,907		1,357,389
Creditors: amounts falling due after more than one year	9	( 31,151)		0
Net assets		306,756		1,357,389
Capital and reserves
Called-up share capital	10	1,000		1,000
Profit and loss account		305,756		1,356,389
Total shareholder's funds		306,756		1,357,389

For the financial year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Maggie's Crypto Farm Ltd (registered number: 11212603) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

Martin Smith Director

30 September 2025

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Maggie's Crypto Farm Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is 167-169 Great Portland Street, 5th Floor, London 167-169, Great Portland Street, London, W1W 5PF, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Statement of Financial Position date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Statement of Income and Retained Earnings in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Other intangible assets

not amortised

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Office equipment

3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Financial instruments

The Company only enters into basic financial instruments and transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to and from related parties and investments in non-puttable ordinary shares.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the company during the year, including directors	2		1

3. Dividends on equity shares

4. Intangible assets

	Other intangible assets		Total
	£		£
Cost
At 01 March 2024	78,209		78,209
At 28 February 2025	78,209		78,209
Accumulated amortisation
At 01 March 2024	0		0
At 28 February 2025	0		0
Net book value
At 28 February 2025	78,209		78,209
At 29 February 2024	78,209		78,209

5. Tangible assets

	Office equipment		Total
	£		£
Cost
At 01 March 2024	363,070		363,070
Additions	20,697		20,697
At 28 February 2025	383,767		383,767
Accumulated depreciation
At 01 March 2024	255,150		255,150
Charge for the financial year	84,610		84,610
At 28 February 2025	339,760		339,760
Net book value
At 28 February 2025	44,007		44,007
At 29 February 2024	107,920		107,920

6. Debtors

	2025		2024
	£		£
Trade debtors	0		1,295,993
Corporation tax	1,588		0
Other debtors	30,836		2,498
	32,424		1,298,491

7. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	68,418		105,536

8. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	5,548		0
Taxation and social security	0		329,668
Other creditors	6,090		7,320
	11,638		336,988

9. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Other creditors	31,151		0

There are no amounts included above in respect of which any security has been given by the small entity.

10. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
1,000 Ordinary shares of £ 1.00 each	1,000		1,000

11. Related party transactions

Transactions with the entity's directors

	2025		2024
	£		£
Other debtors	2,534		2,498

Included within other debtors due within one year is an amount due from the director of £2,534 (2024: £2,498). The balance is unsecured, interest free and repayable upon demand.

Other related party transactions

	2025		2024
	£		£
Trade debtors	0		1,295,993

Included within trade debtors due within one year, is an amount of £nil (2024: £1,295,993) due from a company which is under common control.