Asmey Trading Limited

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2—3

Registered number: 15237561

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	10,577		49,706

		10,577		49,706
Creditors: Amounts Falling Due Within One Year	5	(112,379 )		(92,696 )

NET CURRENT ASSETS (LIABILITIES)			(101,802 )		(42,990 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(101,802 )		(42,990 )

NET LIABILITIES			(101,802 )		(42,990 )

CAPITAL AND RESERVES
Called up share capital	6		1		1
Income Statement			(101,803 )		(42,991 )

SHAREHOLDERS' FUNDS			(101,802)		(42,990)

For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement.

On behalf of the board

Mr R Asmelash

Director

30/10/2026

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Asmey Trading Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15237561 . The registered office is 20 Wenlock Road, London, N1 7GU.

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. Turnover

Turnover represents the gross proceeds from the sale of cryptocurrency held as trading stock, excluding value added tax. Revenue is recognised at the point when control of the cryptocurrency has transferred to the customer, which is typically the point of sale on a recognised exchange or through direct transaction with a counterparty.

Purchases and sales of cryptocurrency are recognised on a trade date basis. Inventory is measured at the lower of cost and net realisable value in accordance with FRS 102 Section 13.

The company acts as principal in all cryptocurrency transactions.

2.3. Stocks and Work in Progress

Stock comprises cryptocurrency held for resale in the ordinary course of business. Stock is stated at the lower of cost and net realisable value in accordance with FRS 102 Section 13.

Cost is determined using the first-in, first-out (FIFO) method and includes the purchase price and any directly attributable costs of acquisition. Net realisable value is based on estimated selling price less any costs expected to be incurred to complete the sale.

Any write-downs to net realisable value are recognised as an expense in the profit and loss account in the period in which the impairment occurs.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: NIL)

4. Stocks

	2025	2024
	£	£
Stock	10,577	49,706

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	(1 )	-
Other creditors	112,380	92,696

	112,379	92,696

6. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

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Asmey Trading Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

7. Directors Advances, Credits and Guarantees

Included in the year end Other creditors balance is an amount owed by the company to the director of £110,174 (2024: £90,630). During the year, the Director made advances to the company amounting to £19,544 (2024: £90,630). The company received repayments of £Nil (2024: £Nil). The outstanding balance is unsecured, not subject to interest and payable on demand.

	As at 1 November 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 October 2025
	£	£	£	£	£
Mr Robel Asmelash	90,630	19,544	-	-	110,174

8. Going concern

The company has net liabilities at the reporting date. However, the directors have considered the company’s financial position and future trading prospects and are satisfied that the company has adequate resources to continue its operations for the foreseeable future. Accordingly, the financial statements have been prepared on a going concern basis.

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