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Registered number: 13736077
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Zero 55 Limited
Financial statements
Information for filing with the registrar
30 November 2025
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Balance sheet
At 30 November 2025
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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Provisions for liabilities
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1
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Balance sheet (continued)
At 30 November 2025
The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
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.
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 13 August 2026.
Registered number: 13736077
The notes on pages 3 to 9 form part of these financial statements.
2
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Notes to the financial statements
Year ended 30 November 2025
Zero 55 Limited ('the company') is a private company limited by shares, incorporated and domiciled in the United Kingdom and registered in England. The address of the registered office is 14 Syron, Whickham, Newcastle upon Tyne, NE16 5YE.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The following principal accounting policies have been applied:
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Foreign currency translation
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Functional and presentation currency
The company's functional and presentational currency is GBP.
Transactions and balances
Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.
At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.
Revenue represents amounts receivable for access to the company’s technical chart analysis website. Revenue is recognised over the period in which access to the service is provided. Amounts received in advance of service delivery are recognised as deferred income and released to turnover over the period to which they relate.
Operating lease rentals are charged to profit or loss on a straight-line basis over the lease term, unless another systematic basis is more representative of the time pattern of the benefit received.
Interest income is recognised in profit or loss using the effective interest method.
3
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Notes to the financial statements
Year ended 30 November 2025
2.Accounting policies (continued)
Defined contribution pension plan
The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.
The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
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Current and deferred taxation
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The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.
Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
4
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Notes to the financial statements
Year ended 30 November 2025
2.Accounting policies (continued)
Digital asset investments comprise cryptocurrencies and other blockchain-based digital tokens held for long-term investment purposes. At the reporting date, the Company's holdings include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Stellar Lumens (XLM), Litecoin (LTC), XDC Network (XDC), Kinesis Gold (KAU), Kinesis Silver (KAG) and Kinesis Velocity Tokens (KVT).
Digital asset investments are recognised as intangible assets in accordance with FRS 102 Section 18, Intangible Assets other than Goodwill, and are initially measured at cost, including directly attributable transaction costs.
Subsequent to initial recognition, digital asset investments are measured using the revaluation model where fair value can be determined reliably by reference to an active market. Revaluations are performed at each reporting date to ensure that the carrying amount does not differ materially from fair value. Revaluation gains are recognised in other comprehensive income and accumulated within the digital asset revaluation reserve, except to the extent that they reverse a revaluation decrease previously recognised in profit or loss. Revaluation losses are recognised in profit or loss, except to the extent that they reverse a previous revaluation surplus relating to the same asset.
Where fair value cannot be measured reliably, digital asset investments are carried at cost less accumulated impairment losses. Digital asset investments are considered to have an indefinite useful economic life and are not amortised. The assets are reviewed for indicators of impairment at each reporting date and an impairment loss is recognised where the recoverable amount is less than the carrying amount.
Fair value is determined using quoted prices from active cryptocurrency exchanges and other observable market pricing sources at the reporting date. Kinesis Gold (KAU), Kinesis Silver (KAG) and Kinesis Velocity Tokens (KVT) are valued using available market pricing information and other appropriate valuation evidence where an active quoted market exists.
Income arising from digital asset holdings, including holder yields, referral rewards, velocity yields, partner yields and similar returns, is recognised in profit or loss when the company becomes entitled to receive the income and the amount can be measured reliably.
Gains and losses arising on the disposal of digital assets are recognised in profit or loss. The directors review the carrying value of digital asset investments at each reporting date and consider whether significant movements in value occurring after the reporting date require disclosure as non-adjusting events in accordance with FRS 102.
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
5
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Notes to the financial statements
Year ended 30 November 2025
2.Accounting policies (continued)
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Tangible fixed assets (continued)
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Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as shown below.
Depreciation is provided on the following basis:
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
Basic financial instruments are initially recognised at transaction price and subsequently measured at amortised cost, less impairment where applicable. Trade debtors are reviewed for impairment where there is objective evidence that amounts may not be recoverable. Trade creditors and other short term monetary liabilities are measured at transaction price.
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.
6
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Notes to the financial statements
Year ended 30 November 2025
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Digital asset investments
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7
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Notes to the financial statements
Year ended 30 November 2025
8
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Notes to the financial statements
Year ended 30 November 2025
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Prepayments and accrued income
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Creditors: amounts falling due within one year
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Accruals and deferred income
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Allotted, called up and fully paid
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50 (2024 - 50) Ordinary A shares of £0.01 each
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50 (2024 - 50) Ordinary B shares of £0.01 each
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Commitments under operating leases
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At 30 November 2025 the company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:
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Later than 1 year and not later than 5 years
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9
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