REGISTERED NUMBER: 13905933 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

BLACKALTO LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J D Carey

C Talliss

REGISTERED OFFICE:

Newtown House

38 Newtown Road

Liphook

United Kingdom

GU30 7DX

REGISTERED NUMBER:

13905933 (England and Wales)

ACCOUNTANTS:

Traviss & Co Ltd

Chartered Certified Accountants

Newtown House

38 Newtown Road

Liphook

Hampshire

GU30 7DX

FIXED ASSETS

Tangible assets

4

1

164

CURRENT ASSETS

Debtors

5

38,526

100

Investments

6

1,147,003

632,459

Cash at bank

102,889

5,324

1,288,418

637,883

CREDITORS

Amounts falling due within one year

7

25,739

1,400

NET CURRENT ASSETS

1,262,679

636,483

TOTAL ASSETS LESS CURRENT LIABILITIES

1,262,680

636,647

CREDITORS

Amounts falling due after more than one year

8

540,442

546,000

NET ASSETS

722,238

90,647

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

722,138

90,547

722,238

90,647

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 18 November 2025 and were signed on its behalf by:

C Talliss - Director

1.	STATUTORY INFORMATION

Blackalto 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.

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.

Turnover

Revenue is recognised when it is realised and earned via the trading gains of the crypto currency platforms based on the trading performance in the prior month's data.

Tangible fixed assets

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

Computer equipment

-

33% on cost

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.

Foreign currencies

Assets and liabilities in crypto currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Unrealised exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 March 2024

and 28 February 2025

485

DEPRECIATION

At 1 March 2024

321

Charge for year

163

At 28 February 2025

484

NET BOOK VALUE

At 28 February 2025

1

At 29 February 2024

164

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

38,526

100

6.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Crypto currencies

1,147,003

632,459

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

24,193

-

Other creditors

1,546

1,400

25,739

1,400

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

540,442

546,000

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

J D Carey, a director and a person with personal significant control has provided loans to the Company and at the year end the amount due to J D Carey was £540,442 (2024 - £546,000).

No interest has been provided for or paid and there is no fixed date for repayment.