REGISTERED NUMBER: 05990184 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

ZXDIGITAL LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S P Barnes

Mr P L Barnes

Mr K P Barnes

Mrs J L Jones

Mrs L Barnes

Mr M S Barnes

SECRETARY:

Mr P L Barnes

REGISTERED OFFICE:

17 St Peters Place

Fleetwood

Lancashire

FY7 6EB

REGISTERED NUMBER:

05990184 (England and Wales)

ACCOUNTANTS:

Xeinadin

17 St Peters Place

Fleetwood

Lancashire

FY7 6EB

FIXED ASSETS

Intangible assets

4

1,612,380

627,689

Tangible assets

5

2,102

3,913

Investments

6

1,402,534

-

3,017,016

631,602

CURRENT ASSETS

Debtors

7

2,128,668

1,623,758

Cash at bank and in hand

138,496

2,827,555

2,267,164

4,451,313

CREDITORS

Amounts falling due within one year

8

(198,391

)

(289,222

)

NET CURRENT ASSETS

2,068,773

4,162,091

TOTAL ASSETS LESS CURRENT LIABILITIES

5,085,789

4,793,693

PROVISIONS FOR LIABILITIES

(213,107

)

(107,901

)

NET ASSETS

4,872,682

4,685,792

CAPITAL AND RESERVES

Called up share capital

1,060

1,060

Fair value reserve

9

637,743

320,767

Retained earnings

4,233,879

4,363,965

SHAREHOLDERS' FUNDS

4,872,682

4,685,792

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 November 2025 and were signed on its behalf by:

Mr S P Barnes - Director

1.	STATUTORY INFORMATION

ZXDigital 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents the value of commissions due for services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Intangible assets

Cryptocurrency assets are initially measured at cost. After initial recognition, the assets are measured at fair value at the year end date.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% on cost

Taxation

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

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

The directors are satisfied at the time of approving the financial statements that the company has

adequate resources to continue to operate for the foreseeable future and as such, continues to adopt

the going concern basis in preparing the financial statements.

Fixed asset investments

Listed investments are initially measured at cost. After initial recognition, the assets are measured at fair value at the year end date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2024 - 22 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST OR VALUATION

At 1 April 2024

627,689

Additions

787,230

Disposals

(53,040

)

Revaluations

250,501

At 31 March 2025

1,612,380

NET BOOK VALUE

At 31 March 2025

1,612,380

At 31 March 2024

627,689

Cost or valuation at 31 March 2025 is represented by:

Other

intangible

assets

£

Valuation in 2023

50,821

Valuation in 2024

376,868

Valuation in 2025

250,501

Cost

934,190

1,612,380

If cryptocurrency had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

934,190

200,000

Cryptocurrency were valued on an open market basis on 31 March 2025 by Coinbase Global Inc .

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

16,593

17,794

34,387

Additions

-

590

590

At 31 March 2025

16,593

18,384

34,977

DEPRECIATION

At 1 April 2024

15,226

15,248

30,474

Charge for year

273

2,128

2,401

At 31 March 2025

15,499

17,376

32,875

NET BOOK VALUE

At 31 March 2025

1,094

1,008

2,102

At 31 March 2024

1,367

2,546

3,913

6.	FIXED ASSET INVESTMENTS

Listed

investments

£

COST OR VALUATION

Additions

1,230,400

Revaluations

172,134

At 31 March 2025

1,402,534

NET BOOK VALUE

At 31 March 2025

1,402,534

Cost or valuation at 31 March 2025 is represented by:

Listed

investments

£

Valuation in 2025

172,134

Cost

1,230,400

1,402,534

If listed investments had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

1,230,400

-

Listed investments were valued on an open market basis on 31 March 2025 by the directors .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

128,085

55,875

Other debtors

1,490,880

1,273,361

Directors' current accounts

492,587

289,766

Tax

16,875

-

Prepayments and accrued income

241

4,756

2,128,668

1,623,758

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

21

Trade creditors

1,596

4,569

Tax

97,530

188,457

Social security and other taxes

8,442

6,260

VAT

57,828

44,150

Other creditors

-

1,482

Directors' current accounts

30,225

11,832

Accruals and deferred income

2,770

32,451

198,391

289,222

9.

RESERVES

Fair

value

reserve

£

At 1 April 2024

320,767

Intangible asset revaluation

187,876

Fixed asset investments

revaluation

129,100

At 31 March 2025

637,743

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

Mr S P Barnes

Balance outstanding at start of year

161,280

122,607

Amounts advanced

172,260

161,399

Amounts repaid

(162,524

)

(122,726

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

171,016

161,280

Mr P L Barnes

Balance outstanding at start of year

16,136

69,108

Amounts advanced

35,531

16,255

Amounts repaid

(19,212

)

(69,227

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

32,455

16,136

Mrs J L Jones

Balance outstanding at start of year

56,552

72,205

Amounts advanced

123,275

56,671

Amounts repaid

(58,512

)

(72,324

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

121,315

56,552

Mr K P Barnes

Balance outstanding at start of year

55,798

92,190

Amounts advanced

169,913

55,917

Amounts repaid

(57,910

)

(92,309

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

167,801

55,798

Mr M S Barnes

Balance outstanding at start of year

-

42,879

Amounts advanced

-

7,917

Amounts repaid

-

(50,796

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

The advances to the directors are unsecured and repayable on demand. Interest is being charged at the HMRC rate for beneficial loan arrangements.

11.	RELATED PARTY DISCLOSURES

During the year, total dividends of £368,031 (2024 - £398,989) were paid to the directors .