Company No: 14618297 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Ganna Bilous
	Liubomyr Bilous

REGISTERED OFFICE	Wey Court West
	Union Road
	Farnham
	GU9 7PT
	United Kingdom

COMPANY NUMBER

14618297 (England and Wales)

ACCOUNTANT	Shaw Gibbs Limited
	Wey Court West
	Union Road
	Farnham
	Surrey
	GU9 7PT

	Note	31.01.2025		31.01.2024
		£		£
Fixed assets
Tangible assets	4	4,538		2,548
Investments	5	22,196		4,000
		26,734		6,548
Current assets
Debtors	6	1,354		0
Cash at bank and in hand	7	3,991		652
		5,345		652
Creditors: amounts falling due within one year	8	( 14,447)		( 7,064)
Net current liabilities		(9,102)		(6,412)
Total assets less current liabilities		17,632		136
Net assets		17,632		136
Capital and reserves
Called-up share capital	9	100		100
Profit and loss account		17,532		36
Total shareholders' funds		17,632		136

For the financial year ending 31 January 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have 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 Profit and Loss Account has not been delivered.

The financial statements of Bitalux Ltd (registered number: 14618297) were approved and authorised for issue by the Board of Directors on 30 October 2025. They were signed on its behalf by:

Ganna Bilous Director

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

Bitalux 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 Wey Court West, Union Road, Farnham, GU9 7PT, 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 £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and 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
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.

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:

Plant and machinery etc.

3 years straight line

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

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.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial 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 Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Critical accounting judgements and key sources of estimation uncertainty

The preparation of financial statements requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the company accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements are disclosed within the individual accounting policies below.

3. Employees

	31.01.2025		31.01.2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

4. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 February 2024	2,780		2,780
Additions	3,322		3,322
At 31 January 2025	6,102		6,102
Accumulated depreciation
At 01 February 2024	232		232
Charge for the financial year	1,332		1,332
At 31 January 2025	1,564		1,564
Net book value
At 31 January 2025	4,538		4,538
At 31 January 2024	2,548		2,548

5. Fixed asset investments

	Other investments		Total
	£		£
Cost or valuation before impairment
At 01 February 2024	4,000		4,000
Additions	10,531		10,531
Disposals	( 2,191)		( 2,191)
Movement in fair value	9,856		9,856
At 31 January 2025	22,196		22,196
Carrying value at 31 January 2025	22,196		22,196
Carrying value at 31 January 2024	4,000		4,000

The investments are a collection of various crypto currencies.

6. Debtors

	31.01.2025		31.01.2024
	£		£
VAT recoverable	1,354		0

7. Cash and cash equivalents

	31.01.2025		31.01.2024
	£		£
Cash at bank and in hand	3,991		652

8. Creditors: amounts falling due within one year

	31.01.2025		31.01.2024
	£		£
Amounts owed to directors	6,306		5,751
Accruals	1,399		1,200
Corporation tax	6,672		0
Other taxation and social security	70		113
	14,447		7,064

9. Called-up share capital

	31.01.2025		31.01.2024
	£		£
Allotted, called-up and fully-paid
100 A ordinary shares of £ 1.00 each	100		100