1. Accounting Policies

Turnover
Turnover is recognised when goods are delivered or services are provided.

Taxation
Corporation tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Intangible fixed assets
Intangible fixed assets are stated at cost less accumulated amortisation. Crypto: cost less straight-line amortisation over 3 years, using active-market residuals reviewed annually, and impairment. For a true and fair view reflecting resale benefits, we depart from Sch 1 para 22: assets and pre-tax profit are £5,463.14 higher than with nil residuals. Software/knowledge base: straight-line, 5 years, nil residual. Funds/ETFs and CFDs: fair value through P&L at NAV/broker quotes. Foreign cash: closing FX through P&L. Impairment to recoverable amount.

Debtors
Debtors are recognised at the settlement amount due.

Cash at bank and in hand
Cash at bank and in hand includes cash and short term highly liquid investments.

Creditors
Creditors are recognised when there is an obligation at the balance sheet date as a result of a past event.

2. Basis of Preparation

These financial statements have been prepared in accordance with the small companies regime of the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland.

This is the company's first accounting period. No comparative figures are presented.

3. Employee Information

The average number of employees during the year was: 0

4. Off-balance sheet arrangements

The company had no off-balance sheet arrangements during the year.

5. Advances, credit and guarantees granted to directors

No advances or credit were granted to, and no guarantees were entered into on behalf of, the directors during the year.

6. Financial commitments, guarantees and contingencies

The company had no financial commitments, guarantees or contingencies that are not included in the balance sheet.

7. Intangible Fixed Assets

Intangible fixed assets are stated at net book value.

	2025 £
Net book value at start of period	0
Additions less disposals	27,884
Amortisation charge for period	(1,908)
Net book value at end of period	25,976

8. Creditors: Amounts Falling Due Within One Year

Creditors due within one year comprise obligations falling due within twelve months of the balance sheet date.

	2025 £
Trade and other creditors due within one year	(313,056)

9. Share capital

Allotted and called up:

	Number	2025 £
Ordinary shares of £1 each	100	100

10. Related party transactions

Director finance (£): equal shareholder-directors contributed 396,637.12; repayments 83,636.44; 313,000.69 owed equally at year end. Interest-free, unsecured, on demand. Repayments intended when affordable; no binding waiver. Other notes (£; rounded unless decimals shown): Intangibles: opening cost/write-downs 0; additions 171,516; removals 143,076; adjustments 561; closing cost 27,879. Note 7: 1,908 comprises 161 amortisation and 1,747 impairment; 27,884 includes 5 released amortisation. Accumulated amortisation 156; net 25,976. Investments: opening 0; additions 205,726; FV gains 26,021; closing 231,747 (Vanguard 230,690, gain 25,985; ETF 1,057, gain 36). Nine FX CFDs: FV assets 0.11; liabilities 4.87; currency-dependent cash settlement; no hedge accounting. Settled OKX derivative loss 28,317. Deferred tax 25%: asset/liability 6,602.38 each, offset to nil; loss recovery supported by taxable reversals. Going concern: liquid unencumbered funds; no new funding assumed.