Attestant Limited
Attestant Limited
Registered number: 12540798
Unaudited Financial Statements
For The Year Ended
31 March 2021
Attestant Limited
Unaudited Financial Statements
For The Year Ended
31 March 2021
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1—2 |
| Notes to the Financial Statements | 3—4 |
Attestant Limited
Balance Sheet
As at
31 March 2021
Balance Sheet
Registered number:
12540798
For the year ending 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
| 2021 | |||
|---|---|---|---|
| Notes | £ | £ | |
| FIXED ASSETS | |||
| Intangible Assets | 3 |
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| CURRENT ASSETS | |||
| Debtors | 4 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 5 |
( |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||
| Called up share capital | 6 |
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| Revaluation reserve | 7 |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | 207,183 | ||
Page 1
Attestant Limited
Balance Sheet (continued)
As at
31 March 2021
Directors' responsibilities:
-
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The directors acknowledge their 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 Profit and Loss Account.
On behalf of the board
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Director
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The notes on pages 3 to 4 form part of these financial statements.
Page 2
Attestant Limited
Notes to the Financial Statements
For The Year Ended
31 March 2021
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the length of the contract performed to date to the total contract length. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
1.3.
Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets represent cryptoassets, held at revalued amounts. A revaluation was undertaken by the directors on 31 March 2021, using the market rate provided by a recognised cryptoasset exchange. Any upwards revaluations are shown in Other Comprehensive Income and held in the Revaluation Reserve, to the extent that they do not reverse prior period downwards revaluations.
The directors estimate that the residual value of the cryptoassets is at least equal to the market value at the balance sheet date. This estimate is made on the basis that there is a general upwards trend in value of the assets, and that an active market exists for these assets. Therefore there is a Nil amortisation rate over the life of the asset.
This estimate will be reviewed in each period of account.
If the assets had been recognised in the accounts under the historical cost model, the carrying amount would be £12,299.
2.
Average Number of Employees
Average number of employees during the year was as follows: 4
3.
Intangible Assets
| Other | |||
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| £ | |||
| Cost or Valuation | |||
| As at
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| Additions |
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| Revaluations |
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| Disposals |
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| As at
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| Net Book Value | |||
| As at
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| As at
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Page 3
Attestant Limited
Notes to the Financial Statements (continued)
For The Year Ended
31 March 2021
4.
Debtors
| 2021 | |
|---|---|
| £ | |
| Due within one year | |
| Trade debtors |
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| Prepayments and accrued income |
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| VAT debtor |
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| Other debtors |
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5.
Creditors: Amounts Falling Due Within One Year
| 2021 | |
|---|---|
| £ | |
| Trade creditors |
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| Other taxes and social security |
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| Other creditors |
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| Directors' loan accounts |
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7.
Reserves
| Revaluation Reserve | |
|---|---|
| £ | |
| Surplus on revaluation |
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| As at
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8.
General Information
Attestant Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
12540798
. The registered office is 7 Albert Buildings, 49 Queen Victoria Street, London, EC4N 4SA.
Page 4