Registered number: 07961030 | ||||||||
FOR THE YEAR ENDED 31/12/2022 | ||||||||
Prepared By: | ||||||||
Vertice Italy LTD | ||||||||
21 Kinghtsbridge | ||||||||
London | ||||||||
SW1X 7LY |
Clusternanotech Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/12/2022 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 07961030 | ||||||||
ACCOUNTANTS | ||||||||
Vertice Italy LTD | ||||||||
21 Kinghtsbridge | ||||||||
London | ||||||||
SW1X 7LY |
Clusternanotech Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/12/2022 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Strategic Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Clusternanotech Ltd | ||||||||
BALANCE SHEET AT | ||||||||||
2022 | ||||||||||
Notes | € | |||||||||
FIXED ASSETS | ||||||||||
Intangible assets | 3 | |||||||||
Tangible assets | 4 | |||||||||
Investment Assets | 5 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 6 | |||||||||
Cash at bank and in hand | ||||||||||
363,337 | ||||||||||
CREDITORS: Amounts falling due within one year | 7 | |||||||||
NET CURRENT ASSETS | ||||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 8 | 235,000 | ||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 9 | |||||||||
Profit and loss account | (720,353) | |||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Clusternanotech Ltd | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/12/2022 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting FRS 1021 a | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. |
1b. Depreciation | ||||||||
Equipment | reducing balance 25% |
1c. Intangible Assets | ||||||||
1d. Foreign Currency | ||||||||
Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated. |
1e. Investments | ||||||||
Fixed asset investments are shown at cost less amounts written off. | ||||||||
Provisions are made for permanent fluctuations in value. |
2. EMPLOYEES | ||||||
2022 | ||||||
No. | No. | |||||
Average number of employees | ||||||
Clusternanotech Ltd | ||||||||
3. INTANGIBLE FIXED ASSETS | |||||||||
Development | |||||||||
Costs | Patents | Total | |||||||
€ | € | € | |||||||
Cost | |||||||||
At 01/01/2022 | 6,771,778 | 165,000 | 6,936,778 | ||||||
Additions | 754,514 | - | 754,514 | ||||||
At 31/12/2022 | 7,526,292 | 165,000 | 7,691,292 | ||||||
Depreciation | |||||||||
For the year | 742,629 | - | 742,629 | ||||||
At 31/12/2022 | 742,629 | - | 742,629 | ||||||
Net Book Amounts | |||||||||
At 31/12/2022 | |||||||||
At 31/12/2021 | |||||||||
Development cost : KNOWHOW conferred over the years and from the year 2022 we will capitalizing and amortizing for 10 years | |||||||||
4. TANGIBLE FIXED ASSETS | ||||
Equipment | Total | |||
€ | € | |||
Cost | ||||
At 01/01/2022 | 1,332 | 1,332 | ||
At 31/12/2022 | 1,332 | 1,332 | ||
Depreciation | ||||
At 01/01/2022 | 1,095 | 1,095 | ||
For the year | 59 | 59 | ||
At 31/12/2022 | 1,154 | 1,154 | ||
Net Book Amounts | ||||
At 31/12/2022 | 178 | |||
At 31/12/2021 | 237 | |||
Clusternanotech Ltd | ||||||||
5. FINANCIAL ASSETS | |||||||||
Shares in group companies | |||||||||
and participating interests | Total | ||||||||
€ | € | ||||||||
Cost | |||||||||
At 01/01/2022 | 721,625 | 721,625 | |||||||
At 31/12/2022 | 721,625 | 721,625 | |||||||
Amortisation | |||||||||
Net Book Amounts | |||||||||
At 31/12/2022 | 721,625 | 721,625 | |||||||
At 31/12/2021 | 721,625 | 721,625 | |||||||
6. DEBTORS | 2022 | |||||||
€ | ||||||||
Amounts falling due within one year | ||||||||
Trade debtors | 5,750 | |||||||
5,750 | ||||||||
Amounts falling due over more than one year | ||||||||
Loan to CNT LAB | 307,000 | |||||||
307,000 | ||||||||
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2022 | ||||||||
€ | ||||||||
Directors current account | 30,100 | |||||||
Trade creditors | 79,700 | |||||||
109,800 | ||||||||
Clusternanotech Ltd | ||||||||
8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2022 | ||||||||
€ | ||||||||
Convertible loans >1yr | 200,000 | |||||||
Due to group companies >1yr | 35,000 | |||||||
235,000 | ||||||||
9. SHARE CAPITAL | 2022 | |||||||
€ | ||||||||
Allotted, issued and fully paid: | ||||||||
5593356 | ||||||||
2816000 | ||||||||
8,409,356 | ||||||||