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Registered number: 14938987
Lybell Graphchain Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2025
Lybell Graphchain Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
Lybell Graphchain Ltd
Balance Sheet
As At 30 June 2025
Balance Sheet
Registered number: 14938987

| 30 June 2025 | 30 June 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 215,465 |  | 272,139
Tangible Assets | 5 |  | 264 |  | 431
|  |  | 215,729 |  | 272,570
CURRENT ASSETS
Debtors | 6 | 10,518 |  | 10,726 |
Cash at bank and in hand |  | 36,279 |  | 53,887 |
|  | 46,797 |  | 64,613 |
Creditors: Amounts Falling Due Within One Year | 7 | (385,380 ) |  | (428,609 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (338,583 ) |  | (363,996 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (122,854 ) |  | (91,426 )
NET LIABILITIES |  |  | (122,854 ) |  | (91,426 )
CAPITAL AND RESERVES
Called up share capital | 8 |  | 1 |  | 1
Other reserves |  |  | (24,398 ) |  | (15,699 )
Profit and Loss Account |  |  | (98,457 ) |  | (75,728 )
SHAREHOLDERS' FUNDS |  |  | (122,854) |  | (91,426)

Page 1
Page 2
Lybell Graphchain Ltd
Balance Sheet (continued)
As At 30 June 2025
For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

C Carr Director
15 January 2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Lybell Graphchain Ltd
Notes to the Financial Statements
For The Year Ended 30 June 2025
Notes to the Financial Statements
1. General Information
Lybell Graphchain Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14938987 . The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.
Crypto currency intangible assets are revalued to fair value at year end.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment | 33%

2.5. Foreign Currencies
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.7. Cryptocurrency assets
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 revaluation as there is now an active market across across many digital exchanges. Therefore, these are recognised at fair value. 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.
Page 3
Page 4
Lybell Graphchain Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Intangible Assets

| Other
--- | ---
| £
Cost or Valuation
As at 1 July 2024 | 272,139
Additions | 58,003
Revaluations | (13,124 )
Disposals | (101,553 )
As at 30 June 2025 | 215,465
Net Book Value
As at 30 June 2025 | 215,465
As at 1 July 2024 | 272,139

5. Tangible Assets

| Computer Equipment
--- | ---
| £
Cost
As at 1 July 2024 | 500
As at 30 June 2025 | 500
Depreciation
As at 1 July 2024 | 69
Provided during the period | 167
As at 30 June 2025 | 236
Net Book Value
As at 30 June 2025 | 264
As at 1 July 2024 | 431

6. Debtors

| 30 June 2025 |  | 30 June 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Other debtors | 10,518 |  | 10,726

7. Creditors: Amounts Falling Due Within One Year

| 30 June 2025 |  | 30 June 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 661 |  | 9,572
Other creditors | 384,299 |  | 416,922
Taxation and social security | 420 |  | 2,115
| 385,380 |  | 428,609

Page 4
Page 5
Lybell Graphchain Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
8. Share Capital

| 30 June 2025 |  | 30 June 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1 |  | 1

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