Digital Asset Incubator Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 12708515 (England and Wales)

REPORT OF THE DIRECTOR AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2026

FOR

DIGITAL ASSET INCUBATOR LTD

Page

Company Information

1

Report of the Director

2

Balance Sheet

3

Notes to the Financial Statements

4

to

5

DIRECTOR:

A M Afthab Mohamed

REGISTERED OFFICE:

1 Oldridge Cresent

Marple

Stockport

SK6 7FY

REGISTERED NUMBER:

12708515 (England and Wales)

ACCOUNTANTS:

Cadishead Accountancy Services Limited

Britannic House

657 Liverpool Road

Irlam

Manchester

Lancashire

M44 5XD

The director presents his report with the financial statements of the company for the year ended 30 June 2026.

DIRECTOR

A M Afthab Mohamed held office during the whole of the period from 1 July 2025 to the date of this report.

His beneficial interest in the shares of the company, according to the register of directors' interests, was as follows:

30.6.26

1.7.25

Ordinary shares of £1 each

100

He did not hold any non-beneficial interests in the shares of the company.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

A M Afthab Mohamed - Director

2 September 2026

CURRENT ASSETS

Debtors

4

6,974

4,180

Cash at bank

425

246

7,399

4,426

CREDITORS

Amounts falling due within one year

5

(6,026

)

(3,438

)

NET CURRENT ASSETS

1,373

988

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,373

988

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

1,273

888

SHAREHOLDERS' FUNDS

1,373

988

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 September 2026 and were signed by:

A M Afthab Mohamed - Director

1.	STATUTORY INFORMATION

Digital Asset Incubator 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.26

30.6.25

£

Other debtors

6,974

4,180

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.26

30.6.25

£

Bank loans and overdrafts

2,232

-

Amounts owed to participating interests

2,000

-

Taxation and social security

794

2,934

Other creditors

1,000

504

6,026

3,438

6.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2026 and 30 June 2025:

30.6.26

30.6.25

£

A M Afthab Mohamed

Balance outstanding at start of year

4,180

5,274

Amounts advanced

5,335

-

Amounts repaid

(3,000

)

(1,094

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

6,515

4,180

7.	ULTIMATE CONTROLLING PARTY

The controlling party is A M Afthab Mohamed.