{ "documentInfo": { "documentType": "https://xbrl.org/2021/xbrl-json", "features": { "xbrl:canonicalValues": true }, "namespaces": { "btc": "http://www.ldnbtc.com/2025-02-28", "ifrs-full": "https://xbrl.ifrs.org/taxonomy/2024-03-27/ifrs-full", "iso4217": "http://www.xbrl.org/2003/iso4217", "scheme": "http://standards.iso.org/iso/17442", "xbrl": "https://xbrl.org/2021", "xbrli": "http://www.xbrl.org/2003/instance" }, "taxonomy": [ "http://www.ldnbtc.com/2025-02-28/9845006607892CED8456-2025-02-28.xsd" ] }, "facts": { "ifrs-full_NameOfReportingEntityOrOtherMeansOfIdentification_E3_CY": { "value": "Vinanz Limited", "dimensions": { "concept": "ifrs-full:NameOfReportingEntityOrOtherMeansOfIdentification", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "ifrs-full_NameOfParentEntity_E11_CY": { "value": "Vinanz Limited", "dimensions": { "concept": "ifrs-full:NameOfParentEntity", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "ifrs-full_LegalFormOfEntity_E6_CY": { "value": "listed public Group limited", "dimensions": { "concept": "ifrs-full:LegalFormOfEntity", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "ifrs-full_PrincipalPlaceOfBusiness_E9_CY": { "value": "British Virgin Islands", "dimensions": { "concept": "ifrs-full:PrincipalPlaceOfBusiness", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "ifrs-full_CountryOfIncorporation_E7_CY": { "value": "British Virgin Islands", "dimensions": { "concept": "ifrs-full:CountryOfIncorporation", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "ifrs-full_DomicileOfEntity_E5_CY": { "value": "British Virgin Islands", "dimensions": { "concept": "ifrs-full:DomicileOfEntity", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "ifrs-full_AddressOfRegisteredOfficeOfEntity_E8_CY": { "value": "Vistra Corporate Services CentreWichhams Cay IIRoad TownTortola, VG 1110British Virgin Islands", "dimensions": { "concept": "ifrs-full:AddressOfRegisteredOfficeOfEntity", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities_E10_CY": { "value": "The Group will continue to operate in the crypto currency space by both mining and investing in the sector as detailed in the Strategic Report.", "dimensions": { "concept": "ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "ifrs-full_Revenue_E4_CY": { "value": "957473.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:Revenue", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_Revenue_E4_PY": { "value": "41422.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:Revenue", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "btc_PowerAndHostingCosts_D628909734_CY": { "value": "656074.0", "decimals": 0, "dimensions": { "concept": "btc:PowerAndHostingCosts", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "btc_PowerAndHostingCosts_D628909734_PY": { "value": "60285.0", "decimals": 0, "dimensions": { "concept": "btc:PowerAndHostingCosts", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_DepreciationAndAmortisationExpense_D1181554123_CY": { "value": "129690.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:DepreciationAndAmortisationExpense", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_DepreciationAndAmortisationExpense_D1181554123_PY": { "value": "30635.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:DepreciationAndAmortisationExpense", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_CostOfSales_E7_CY": { "value": "785764.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:CostOfSales", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_CostOfSales_E7_PY": { "value": "90920.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:CostOfSales", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_GrossProfit_E8_CY": { "value": "171709.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:GrossProfit", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_GrossProfit_E8_PY": { "value": "-49498.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:GrossProfit", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_AdministrativeExpense_E11_CY": { "value": "1887254.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:AdministrativeExpense", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_AdministrativeExpense_E11_PY": { "value": "484393.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:AdministrativeExpense", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "btc_ShareBasedPayment_D286148172_CY": { "value": "14007856.0", "decimals": 0, "dimensions": { "concept": "btc:ShareBasedPayment", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "btc_ShareBasedPayment_D286148172_PY": { "value": "1974170.0", "decimals": 0, "dimensions": { "concept": "btc:ShareBasedPayment", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_OperatingExpense_D545969400_CY": { "value": "15895110.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:OperatingExpense", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_OperatingExpense_D545969400_PY": { "value": "2458563.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:OperatingExpense", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_ProfitLossFromOperatingActivities_E16_CY": { "value": "-15723401.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:ProfitLossFromOperatingActivities", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_ProfitLossFromOperatingActivities_E16_PY": { "value": "-2508061.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:ProfitLossFromOperatingActivities", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "btc_RealisedGainOnDisposalOfBitcoin_D1122005304_CY": { "value": "-160900.0", "decimals": 0, "dimensions": { "concept": "btc:RealisedGainOnDisposalOfBitcoin", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "btc_RealisedGainOnDisposalOfBitcoin_D1122005304_PY": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "btc:RealisedGainOnDisposalOfBitcoin", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "btc_NonOperationalImpairment_D1393853116_CY": { "value": "35084.0", "decimals": 0, "dimensions": { "concept": "btc:NonOperationalImpairment", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "btc_NonOperationalImpairment_D1393853116_PY": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "btc:NonOperationalImpairment", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_ProfitLossBeforeTax_E30_CY": { "value": "-15597585.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:ProfitLossBeforeTax", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_ProfitLossBeforeTax_E30_PY": { "value": "-2508061.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:ProfitLossBeforeTax", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_IncomeTaxExpenseContinuingOperations_E31_CY": { "value": "3125.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:IncomeTaxExpenseContinuingOperations", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_IncomeTaxExpenseContinuingOperations_E31_PY": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:IncomeTaxExpenseContinuingOperations", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_ProfitLossAttributableToOwnersOfParent_D1710626126_CY": { "value": "-15594460.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:ProfitLossAttributableToOwnersOfParent", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_ProfitLossAttributableToOwnersOfParent_D1710626126_PY": { "value": "-2508061.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:ProfitLossAttributableToOwnersOfParent", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax_D1385097980_CY": { "value": "176784.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax_D1385097980_PY": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_OtherComprehensiveIncome_D795541863_CY": { "value": "176784.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_OtherComprehensiveIncome_D795541863_PY": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent_D1050065857_CY": { "value": "-15417676.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent_D1050065857_PY": { "value": "-2508061.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_BasicEarningsLossPerShare_D748484689_CY": { "value": "-0.2505", "decimals": 2, "dimensions": { "concept": "ifrs-full:BasicEarningsLossPerShare", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "unit": "iso4217:GBP/xbrli:shares" } }, "ifrs-full_BasicEarningsLossPerShare_D748484689_PY": { "value": "-0.0558", "decimals": 2, "dimensions": { "concept": "ifrs-full:BasicEarningsLossPerShare", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "unit": "iso4217:GBP/xbrli:shares" } }, "ifrs-full_DilutedEarningsLossPerShare_D1643474652_CY": { "value": "-0.2505", "decimals": 2, "dimensions": { "concept": "ifrs-full:DilutedEarningsLossPerShare", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "unit": "iso4217:GBP/xbrli:shares" } }, "ifrs-full_DilutedEarningsLossPerShare_D1643474652_PY": { "value": "-0.0558", "decimals": 2, "dimensions": { "concept": "ifrs-full:DilutedEarningsLossPerShare", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "unit": "iso4217:GBP/xbrli:shares" } }, "ifrs-full_IntangibleAssetsOtherThanGoodwill_D1015967942_CY": { "value": "398954.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:IntangibleAssetsOtherThanGoodwill", "entity": "scheme:9845006607892CED8456", "period": "2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_IntangibleAssetsOtherThanGoodwill_D1015967942_PY": { "value": "146959.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:IntangibleAssetsOtherThanGoodwill", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_PropertyPlantAndEquipment_D908545694_CY": { "value": "624349.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:PropertyPlantAndEquipment", "entity": "scheme:9845006607892CED8456", "period": "2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_PropertyPlantAndEquipment_D908545694_PY": { "value": "235236.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:PropertyPlantAndEquipment", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_DeferredTaxAssets_D957964537_CY": { "value": "3125.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:DeferredTaxAssets", "entity": "scheme:9845006607892CED8456", "period": "2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_DeferredTaxAssets_D957964537_PY": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:DeferredTaxAssets", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "btc_SecurityDeposits_D1764807083_CY": { "value": "96022.0", "decimals": 0, "dimensions": { "concept": "btc:SecurityDeposits", "entity": "scheme:9845006607892CED8456", "period": "2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "btc_SecurityDeposits_D1764807083_PY": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "btc:SecurityDeposits", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_NoncurrentAssets_D1315675147_CY": { "value": "1122450.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:NoncurrentAssets", "entity": "scheme:9845006607892CED8456", "period": "2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_NoncurrentAssets_D1315675147_PY": { "value": "382195.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:NoncurrentAssets", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_CurrentPrepayments_D1887775648_CY": { "value": "68031.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:CurrentPrepayments", "entity": "scheme:9845006607892CED8456", "period": "2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_CurrentPrepayments_D1887775648_PY": { "value": "109266.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:CurrentPrepayments", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_CashAndCashEquivalents_D266908903_CY": { "value": "855484.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:CashAndCashEquivalents", "entity": "scheme:9845006607892CED8456", "period": "2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_CashAndCashEquivalents_D266908903_PY": { "value": "155840.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:CashAndCashEquivalents", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_CurrentAssets_D148044172_CY": { "value": "923515.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:CurrentAssets", "entity": "scheme:9845006607892CED8456", "period": "2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_CurrentAssets_D148044172_PY": { "value": "265106.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:CurrentAssets", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_TradeAndOtherCurrentPayables_D46457216_CY": { "value": "240292.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:TradeAndOtherCurrentPayables", "entity": "scheme:9845006607892CED8456", "period": "2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_TradeAndOtherCurrentPayables_D46457216_PY": { "value": "75312.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:TradeAndOtherCurrentPayables", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_CurrentLiabilities_D9558497_CY": { "value": "240292.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:CurrentLiabilities", "entity": "scheme:9845006607892CED8456", "period": "2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_CurrentLiabilities_D9558497_PY": { "value": "75312.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:CurrentLiabilities", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_CurrentAssetsLiabilities_D500741738_CY": { "value": "683223.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:CurrentAssetsLiabilities", "entity": "scheme:9845006607892CED8456", "period": "2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_CurrentAssetsLiabilities_D500741738_PY": { "value": "189794.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:CurrentAssetsLiabilities", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_AssetsLessCurrentLiabilities_D1730727668_CY": { "value": "1805673.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:AssetsLessCurrentLiabilities", "entity": "scheme:9845006607892CED8456", "period": "2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_AssetsLessCurrentLiabilities_D1730727668_PY": { "value": "571989.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:AssetsLessCurrentLiabilities", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_NetAssetsLiabilities_D197840386_CY": { "value": "1805673.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:NetAssetsLiabilities", "entity": "scheme:9845006607892CED8456", "period": "2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_NetAssetsLiabilities_D197840386_PY": { "value": "571989.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:NetAssetsLiabilities", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_IssuedCapital_D721937962_CY": { "value": "19701636.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:IssuedCapital", "entity": "scheme:9845006607892CED8456", "period": "2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_IssuedCapital_D721937962_PY": { "value": "1178880.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:IssuedCapital", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_ReserveOfSharebasedPayments_D1707349162_CY": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:ReserveOfSharebasedPayments", "entity": "scheme:9845006607892CED8456", "period": "2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_ReserveOfSharebasedPayments_D1707349162_PY": { "value": "1939170.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:ReserveOfSharebasedPayments", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_RevaluationSurplus_D2096529300_CY": { "value": "176784.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:RevaluationSurplus", "entity": "scheme:9845006607892CED8456", "period": "2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_RevaluationSurplus_D2096529300_PY": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:RevaluationSurplus", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_RetainedEarnings_D136901508_CY": { "value": "-18072747.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:RetainedEarnings", "entity": "scheme:9845006607892CED8456", "period": "2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_RetainedEarnings_D136901508_PY": { "value": "-2546061.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:RetainedEarnings", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_Equity_D1226086045_CY": { "value": "1805673.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:9845006607892CED8456", "period": "2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_Equity_D1226086045_PY": { "value": "571989.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "fact_1": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact_2": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RevaluationSurplusMember", "unit": "iso4217:GBP" } }, "fact_3": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember", "unit": "iso4217:GBP" } }, "fact_4": { "value": "-38000.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact_5": { "value": "-38000.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00", "unit": "iso4217:GBP" } }, "fact_6": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact_7": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RevaluationSurplusMember", "unit": "iso4217:GBP" } }, "fact_8": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember", "unit": "iso4217:GBP" } }, "fact_9": { "value": "-2508061.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact_10": { "value": "-2508061.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "fact_11": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact_12": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RevaluationSurplusMember", "unit": "iso4217:GBP" } }, "fact_13": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember", "unit": "iso4217:GBP" } }, "fact_14": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact_15": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "fact_16": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact_17": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RevaluationSurplusMember", "unit": "iso4217:GBP" } }, "fact_18": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember", "unit": "iso4217:GBP" } }, "fact_19": { "value": "-2508061.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact_20": { "value": "-2508061.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "fact_21": { "value": "1143880.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughOtherContributionsByOwners", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact_22": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughOtherContributionsByOwners", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RevaluationSurplusMember", "unit": "iso4217:GBP" } }, "fact_23": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughOtherContributionsByOwners", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember", "unit": "iso4217:GBP" } }, "fact_24": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughOtherContributionsByOwners", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact_25": { "value": "1143880.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughOtherContributionsByOwners", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "fact_26": { "value": "35000.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact_27": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RevaluationSurplusMember", "unit": "iso4217:GBP" } }, "fact_28": { "value": "1939170.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember", "unit": "iso4217:GBP" } }, "fact_29": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact_30": { "value": "1974170.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "fact_31": { "value": "1178880.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact_32": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RevaluationSurplusMember", "unit": "iso4217:GBP" } }, "fact_33": { "value": "1939170.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember", "unit": "iso4217:GBP" } }, "fact_34": { "value": "-2546061.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact_35": { "value": "571989.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "fact_36": { "value": "1178880.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact_37": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RevaluationSurplusMember", "unit": "iso4217:GBP" } }, "fact_38": { "value": "1939170.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember", "unit": "iso4217:GBP" } }, "fact_39": { "value": "-2546061.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact_40": { "value": "571989.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "fact_41": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact_42": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RevaluationSurplusMember", "unit": "iso4217:GBP" } }, "fact_43": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember", "unit": "iso4217:GBP" } }, "fact_44": { "value": "-15594460.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact_45": { "value": "-15594460.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "fact_46": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact_47": { "value": "176784.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RevaluationSurplusMember", "unit": "iso4217:GBP" } }, "fact_48": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember", "unit": "iso4217:GBP" } }, "fact_49": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact_50": { "value": "176784.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "fact_51": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact_52": { "value": "176784.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RevaluationSurplusMember", "unit": "iso4217:GBP" } }, "fact_53": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember", "unit": "iso4217:GBP" } }, "fact_54": { "value": "-15594460.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact_55": { "value": "-15417676.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "fact_56": { "value": "2643504.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughOtherContributionsByOwners", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact_57": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughOtherContributionsByOwners", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RevaluationSurplusMember", "unit": "iso4217:GBP" } }, "fact_58": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughOtherContributionsByOwners", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember", "unit": "iso4217:GBP" } }, "fact_59": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughOtherContributionsByOwners", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact_60": { "value": "2643504.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughOtherContributionsByOwners", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "fact_61": { "value": "15879252.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact_62": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RevaluationSurplusMember", "unit": "iso4217:GBP" } }, "fact_63": { "value": "-1939170.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember", "unit": "iso4217:GBP" } }, "fact_64": { "value": "67774.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact_65": { "value": "14007856.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "fact_66": { "value": "19701636.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:9845006607892CED8456", "period": "2025-03-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact_67": { "value": "176784.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:9845006607892CED8456", "period": "2025-03-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RevaluationSurplusMember", "unit": "iso4217:GBP" } }, "fact_68": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:9845006607892CED8456", "period": "2025-03-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember", "unit": "iso4217:GBP" } }, "fact_69": { "value": "-18072747.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:9845006607892CED8456", "period": "2025-03-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact_70": { "value": "1805673.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:9845006607892CED8456", "period": "2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_PaymentsToSuppliersForGoodsAndServices_D1994107246_CY": { "value": "1517450.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:PaymentsToSuppliersForGoodsAndServices", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_PaymentsToSuppliersForGoodsAndServices_D1994107246_PY": { "value": "2564764.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:PaymentsToSuppliersForGoodsAndServices", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_CashFlowsFromUsedInOperatingActivities_E28_CY": { "value": "-1517450.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:CashFlowsFromUsedInOperatingActivities", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_CashFlowsFromUsedInOperatingActivities_E28_PY": { "value": "-2564764.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:CashFlowsFromUsedInOperatingActivities", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_E37_CY": { "value": "384103.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_E37_PY": { "value": "113244.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_ProceedsFromSalesOfIntangibleAssetsClassifiedAsInvestingActivities_E38_CY": { "value": "81026.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:ProceedsFromSalesOfIntangibleAssetsClassifiedAsInvestingActivities", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_ProceedsFromSalesOfIntangibleAssetsClassifiedAsInvestingActivities_E38_PY": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:ProceedsFromSalesOfIntangibleAssetsClassifiedAsInvestingActivities", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_CashFlowsFromUsedInInvestingActivities_E52_CY": { "value": "-303077.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:CashFlowsFromUsedInInvestingActivities", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_CashFlowsFromUsedInInvestingActivities_E52_PY": { "value": "-113244.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:CashFlowsFromUsedInInvestingActivities", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_ProceedsFromIssuingShares_E56_CY": { "value": "2520121.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:ProceedsFromIssuingShares", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_ProceedsFromIssuingShares_E56_PY": { "value": "855000.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:ProceedsFromIssuingShares", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "btc_ShareOptionExpenseClassifiedAsFinancingActivities_D666686698_CY": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "btc:ShareOptionExpenseClassifiedAsFinancingActivities", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "btc_ShareOptionExpenseClassifiedAsFinancingActivities_D666686698_PY": { "value": "1292780.0", "decimals": 0, "dimensions": { "concept": "btc:ShareOptionExpenseClassifiedAsFinancingActivities", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "btc_ShareWarrantExpenseClassifiedAsFinancingActivities_D249063066_CY": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "btc:ShareWarrantExpenseClassifiedAsFinancingActivities", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "btc_ShareWarrantExpenseClassifiedAsFinancingActivities_D249063066_PY": { "value": "646390.0", "decimals": 0, "dimensions": { "concept": "btc:ShareWarrantExpenseClassifiedAsFinancingActivities", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "btc_ShareBasedPaymentExpenseClassifiedAsFinancingActivities_D527833698_CY": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "btc:ShareBasedPaymentExpenseClassifiedAsFinancingActivities", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "btc_ShareBasedPaymentExpenseClassifiedAsFinancingActivities_D527833698_PY": { "value": "35000.0", "decimals": 0, "dimensions": { "concept": "btc:ShareBasedPaymentExpenseClassifiedAsFinancingActivities", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities_E60_CY": { "value": "50.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities_E60_PY": { "value": "4678.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_CashFlowsFromUsedInFinancingActivities_E68_CY": { "value": "2520171.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:CashFlowsFromUsedInFinancingActivities", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_CashFlowsFromUsedInFinancingActivities_E68_PY": { "value": "2833848.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:CashFlowsFromUsedInFinancingActivities", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_IncreaseDecreaseInCashAndCashEquivalents_E72_CY": { "value": "699644.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalents", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_IncreaseDecreaseInCashAndCashEquivalents_E72_PY": { "value": "155840.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalents", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00/2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_CashAndCashEquivalents_E73_CY": { "value": "155840.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:CashAndCashEquivalents", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_CashAndCashEquivalents_E73_PY": { "value": "0.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:CashAndCashEquivalents", "entity": "scheme:9845006607892CED8456", "period": "2022-09-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_CashAndCashEquivalents_E74_CY": { "value": "855484.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:CashAndCashEquivalents", "entity": "scheme:9845006607892CED8456", "period": "2025-03-01T00:00:00", "unit": "iso4217:GBP" } }, "ifrs-full_CashAndCashEquivalents_E74_PY": { "value": "155840.0", "decimals": 0, "dimensions": { "concept": "ifrs-full:CashAndCashEquivalents", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00", "unit": "iso4217:GBP" } }, "fact_ifrs-full_DisclosureOfMaterialAccountingPolicyInformationExplanatory_E2_CY": { "value": "
\n
\u00a0
Note 1. Material accounting policy information
\u00a0
The accounting policies that are material to the consolidated entity are set out below. The accounting policies adopted are consistent with those of the previous financial year, unless otherwise stated.
\u00a0
New or amended Accounting Standards and Interpretations adopted
The consolidated entity has adopted all of the new or amended Accounting Standards and Interpretations issued by the International Accounting Standards Board ('IASB') that are mandatory for the current reporting period.
\u00a0
Any new or amended Accounting Standards or Interpretations that are not yet mandatory have not been early adopted.
\u00a0
Basis of preparation
These general-purpose financial statements have been prepared in accordance with International Financial Reporting Standards (\u201cIFRS\u201d) as adopted by the UK. The financial statements also comply with the provisions of the BVI Business Companies Act, 2004 (as amended) and the BVI Business Companies (Financial Return) Order, 2023.
\u00a0
The financial statements have been prepared on a going concern basis,, except where otherwise stated. The Group's functional and presentation currency is Pounds Sterling (GBP).
\u00a0
Historical cost convention
The financial statements have been prepared under the historical cost convention, except for, where applicable, the revaluation of financial assets and liabilities at fair value through profit or loss, and intangible assets at fair value through other comprehensive income.
\u00a0
Critical accounting estimates
The preparation of the financial statements requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the consolidated entity's accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements, are disclosed in note 2.
\u00a0
Going Concern
The Directors acknowledge the losses incurred by the Group for the period ended 28 February 2025. Since year-end, the Group has raised additional funds to support its operations and has secured a USD $4 million bridging loan, to be drawn in two tranches and an additional capital raise of GBP 3.6 million on 17 June 2025. These actions provide financing for the next 12 months, including the repayment of the bridging loan which remains repayable 7 April 2026. The company is able to dispose of its digital assets for fiat cash to settle liabilities where required, which is considered as part of management going concern assessment. No adjustments have been made that would be required if the Group were unable to continue as a going concern.
\u00a0
Employee Benefit Trust
The Group operates an Employee Benefit Trust (\u201cEBT\u201d) for the purpose of holding and delivering shares to employees and directors in connection with share-based payment arrangements. The EBT is controlled by the Group and is therefore consolidated in accordance with the requirements of IFRS 10 Consolidated Financial Statements.
\u00a0
The shares held by EBT are treated as treasury shares and are not valued until they are received by the employees and/or directors. Shares are not acquired through cash contributions but are awarded based on performance conditions being met under the terms of the relevant share-based payment scheme.
\u00a0
Once the shares are received by employees or directors, the fair value of the shares is recognised as an expense in profit or loss, with a corresponding increase in equity through ordinary share capital and, where applicable, share premium.
\u00a0
Principles of consolidation
The consolidated financial statements incorporate the assets and liabilities of all subsidiaries of Vinanz Limited ('Group' or 'parent entity') as at 28 February 2025 and the results of all subsidiaries for the period then ended. Vinanz Limited and its subsidiaries together are referred to in these financial statements as the 'consolidated entity' or \u201cGroup\u201d.
\u00a0
Subsidiaries are all those entities over which the consolidated entity has control. The consolidated entity controls an entity when the consolidated entity is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power to direct the activities of the entity. Subsidiaries are fully consolidated from the date on which control is transferred to the consolidated entity. They are de-consolidated from the date that control ceases.
\u00a0
\u00a0
\u00a0
\n
\u00a0
\u00a0
Intergroup transactions, balances and unrealised gains on transactions between entities in the consolidated entity are eliminated. Unrealised losses are also eliminated unless the transaction provides evidence of the impairment of the asset transferred. Accounting policies of subsidiaries have been changed where necessary to ensure consistency with the policies adopted by the consolidated entity.
\u00a0
The acquisition of subsidiaries is accounted for using the acquisition method of accounting. A change in ownership interest, without the loss of control, is accounted for as an equity transaction, where the difference between the consideration transferred and the book value of the share of the non-controlling interest acquired is recognised directly in equity attributable to the parent.
\u00a0
Where the consolidated entity loses control over a subsidiary, it derecognises the assets including goodwill, liabilities and noncontrolling interest in the subsidiary together with any cumulative translation differences recognised in equity. The consolidated entity recognises the fair value of the consideration received and the fair value of any investment retained together with any gain or loss in profit or loss.
\u00a0
Revenue recognition
Revenue is derived solely from the mining of Bitcoin by the Group's owned mining machines.
\u00a0
Revenue is recognised at the point in time when the Group obtains control of the Bitcoin reward, which occurs when the mining process has been successfully completed and the Bitcoin is received in the Group's designated digital wallet. At this point, the Group has the ability to access, retain, and direct the use of the Bitcoin, thereby satisfying the criteria for control under IFRS 15 Revenue from Contracts with Customers and the IFRS Conceptual Framework for non-contractual income.
\u00a0
Revenue is measured at the fair value of the Bitcoin received, determined by reference to the spot exchange rate in GBP on the date and time the Bitcoin enters the Group's wallet. The spot price is obtained from a principal market (such as Coinbase or Binance), and represents a Level 1 input in accordance with IFRS 13 Fair Value Measurement.
\u00a0
Wallet Pooling Methodology
The Group utilises a wallet pooling methodology for operational efficiency and custodial oversight. Bitcoin mined across multiple mining locations is consolidated into a pooled wallet environment. While the digital assets are physically pooled, the Group maintains detailed off-chain records to track the origin and timing of each Bitcoin reward. These records ensure traceability, accurate revenue recognition, and reconciliation between individual mining activity and pooled wallet balances. This system enables the Group to reliably determine the fair value of each unit of Bitcoin at the time it is mined and received.
\u00a0
Interest
Interest revenue is recognised as interest accrues using the effective interest method. This is a method of calculating the amortised cost of a financial asset and allocating the interest income over the relevant period using the effective interest rate, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to the net carrying amount of the financial asset.
\u00a0
Other revenue
Other income comprises realised gains on the disposal of digital assets, excluding Bitcoin mining rewards. Such gains are recognised at the point in time when control of the digital asset transfers to the buyer and the significant risks and rewards of ownership have passed. Income is measured at the fair value of the consideration received or receivable and is recognised only when it is probable that the economic benefits will flow to the Group and the amount can be reliably measured. This policy is applied in accordance with IFRS 15 Revenue from Contracts with Customers and relevant guidance under the IFRS Conceptual Framework.
\u00a0
Income tax
The income tax expense or benefit for the period is the tax payable on that period's taxable income based on the applicable income tax rate for each jurisdiction, adjusted by the changes in deferred tax assets and liabilities attributable to temporary differences, unused tax losses and the adjustment recognised for prior periods, where applicable.
\u00a0
\u00a0
\u00a0
\n
\u00a0
Deferred tax assets and liabilities are recognised for temporary differences at the tax rates expected to be applied when the assets are recovered or liabilities are settled, based on those tax rates that are enacted or substantively enacted, except for:
\u25cf
When the deferred income tax asset or liability arises from the initial recognition of goodwill or an asset or liability in a transaction that is not a business combination and that, at the time of the transaction, affects neither the accounting nor taxable profits; or
\u25cf
When the taxable temporary difference is associated with interests in subsidiaries, associates or joint ventures, and the timing of the reversal can be controlled and it is probable that the temporary difference will not reverse in the foreseeable future.
\u00a0
Deferred tax assets are recognised for deductible temporary differences and unused tax losses only if it is probable that future taxable amounts will be available to utilise those temporary differences and losses.
\u00a0
The carrying amount of recognised and unrecognised deferred tax assets are reviewed at each reporting date. Deferred tax assets recognised are reduced to the extent that it is no longer probable that future taxable profits will be available for the carrying amount to be recovered. Previously unrecognised deferred tax assets are recognised to the extent that it is probable that there are future taxable profits available to recover the asset.
\u00a0
Deferred tax assets and liabilities are offset only where there is a legally enforceable right to offset current tax assets against current tax liabilities and deferred tax assets against deferred tax liabilities; and they relate to the same taxable authority on either the same taxable entity or different taxable entities which intend to settle simultaneously.
\u00a0
Current and non-current classification
Assets and liabilities are presented in the statement of financial position based on current and non-current classification.
\u00a0
An asset is classified as current when: it is either expected to be realised or intended to be sold or consumed in the consolidated entity's normal operating cycle; it is held primarily for the purpose of trading; it is expected to be realised within 12 months after the reporting period; or the asset is cash or cash equivalent unless restricted from being exchanged or used to settle a liability for at least 12 months after the reporting period. All other assets are classified as non-current.
\u00a0
A liability is classified as current when: it is either expected to be settled in the consolidated entity's normal operating cycle; it is held primarily for the purpose of trading; it is due to be settled within 12 months after the reporting period; or there is no unconditional right to defer the settlement of the liability for at least 12 months after the reporting period. All other liabilities are classified as non-current.
\u00a0
Deferred tax assets and liabilities are always classified as non-current.
\u00a0
Cash and cash equivalents
Cash and cash equivalents includes cash on hand, deposits held at call with financial institutions, other short-term, highly liquid investments with original maturities of three months or less that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value.
\u00a0
Property, plant and equipment - bitcoin mining machines
Classification
Bitcoin mining machines are classified as Property, Plant and Equipment (PPE) under IAS 16 Property, Plant and Equipment. These are tangible assets held for use in the Group's cryptocurrency mining operations and are expected to be used over multiple periods.
\u00a0
Initial Recognition and Measurement
Mining machines are initially measured at cost, which includes:
\u00a0
1.
The purchase price (net of any trade discounts),
2.
Import duties and non-refundable taxes,
3.
Costs directly attributable to bringing the asset to its working condition and location (e.g. shipping, customs, installation),
4.
Any estimated dismantling and site restoration obligations.
\u00a0
Subsequent Measurement
The Group uses the cost model for subsequent measurement. Assets are carried at cost less accumulated depreciation and accumulated impairment losses, if any.
\u00a0
\u00a0
\u00a0
\n
\u00a0
Depreciation
Mining machines are depreciated on a straight-line basis over their estimated useful life of five (5) years. Depreciation is calculated daily, beginning from the invoice (purchase) date, to accurately match expense with asset usage.
\u00a0
Bitcoin mining machines
5 years
\u00a0
Impairment
Assets are reviewed at each reporting date for indicators of impairment in accordance with IAS 36 Impairment of Assets. If such indicators exist, the asset's recoverable amount is estimated, and an impairment loss is recognised where the carrying amount exceeds the recoverable amount.
\u00a0
Derecognition
An asset is derecognised upon disposal or when no future economic benefits are expected from its use. Any gain or loss on derecognition is recognised in profit or loss.
\u00a0
Intangible assets
Bitcoin held by the Group is classified as an intangible asset in accordance with IAS 38 Intangible Assets, as it is a nonmonetary asset without physical substance and is not held for sale in the ordinary course of business.
\u00a0
Initial Recognition
Bitcoin obtained through mining activities is initially recognised at its fair value on the date the asset is received and becomes accessible to the Group. Fair value is determined using the spot exchange rate in GBP at the specific date and time of receipt, based on quoted prices in active markets from a principal exchange (e.g., Coinbase or Binance). This approach ensures compliance with IFRS 13 Fair Value Measurement and reflects the fair value of the asset transferred in exchange for the Group's mining efforts.
\u00a0
The amount recognised as the initial carrying value of the Bitcoin also corresponds to the revenue recognised in the statement of profit or loss on that date.
\u00a0
The Group does not capitalise mining-related operating costs into the value of the intangible asset. Instead, these are expensed as incurred, with the full fair value of the mined Bitcoin recognised as both revenue and as the initial cost of the intangible asset.
\u00a0
Subsequent Measurement
After initial recognition, Bitcoin is measured using the revaluation model as permitted under IAS 38. The asset is recognised at its fair value at the reporting date. Revaluation of assets held under IAS 38 are revalued through other comprehensive income.
\u00a0
Impairment
The carrying amount of Bitcoin is reviewed at each reporting date for indicators of impairment in accordance with IAS 36 Impairment of Assets. Where such indicators exist, the asset is tested for recoverable amount and written down if the carrying amount exceeds this value. Any impairment loss is recognised in profit or loss. Impairment losses are not reversed in future periods if the fair value of Bitcoin subsequently increases.
\u00a0
Impairment of non-financial assets
Non-financial assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. An impairment loss is recognised for the amount by which the asset's carrying amount exceeds its recoverable amount.
\u00a0
Recoverable amount is the higher of an asset's fair value less costs of disposal and value-in-use. The value-in-use is the present value of the estimated future cash flows relating to the asset using a pre-tax discount rate specific to the asset or cash-generating unit to which the asset belongs. Assets that do not have independent cash flows are grouped together to form a cash-generating unit.
\u00a0
Functional Currency
The financial statements are presented in Pounds Sterling (\u00a3), which is the Group's functional and presentational currency. The functional currency is the currency of the primary economic environment in which the entity operates. In determining the functional currency, the Group considers the currency that mainly influences sales prices for goods and services, and the currency that influences labour, material and other costs of providing goods or services.
\u00a0
\u00a0
\u00a0
\n
\u00a0
Presentational Currency
The financial statements are presented in Pounds Sterling (\u00a3), rounded to the nearest whole Pound, unless otherwise indicated. Transactions in foreign currencies are translated into the functional currency using the exchange rates prevailing at the dates of the transactions. Monetary assets and liabilities denominated in foreign currencies are retranslated at the rate of exchange ruling at the reporting date. Exchange gains or losses are recognised in profit or loss.
Segmental Reporting
Operating segments are reported in a manner consistent with the internal reporting provided to the Chief Operating Decision Maker (\u201cCODM\u201d), who is responsible for allocating resources and assessing performance of the operating segments. The CODM has been identified as the Board of Directors.
\u00a0
The Group operates a single reportable segment: Bitcoin mining and related cryptocurrency operations, with all material operations based in North America. As such, the financial information presented reflects the performance of the consolidated business.
\u00a0
Share-Based Payments
The Group issues equity-settled share-based payments to certain directors, employees, and advisors. These are measured at fair value at the date of grant. The fair value determined at the grant date is expensed on a straight-line basis over the vesting period, based on the Group's estimate of the number of equity instruments that will eventually vest. Fair value is determined by using an appropriate valuation model (e.g., Black-Scholes or Monte Carlo simulation), depending on the terms and conditions of the grant.
\u00a0
Where share-based payments are settled by the issuance of equity instruments with no vesting conditions or service period, the fair value is expensed immediately.
\u00a0
The corresponding amount is recognised in the share-based payment reserve. Upon exercise or conversion of the instruments, amounts previously recognised in the share-based payment reserve are transferred to share capital and share premium as appropriate.
\u00a0
Trade and other payables
These amounts represent liabilities for goods and services provided to the consolidated entity prior to the end of the financial year and which are unpaid. Due to their short-term nature, they are measured at amortised cost and are not discounted. The amounts are unsecured and are usually paid within 30 days of recognition.
\u00a0
Fair value measurement
When an asset or liability, financial or non-financial, is measured at fair value for recognition or disclosure purposes, the fair value is based on the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date; and assumes that the transaction will take place either: in the principal market; or in the absence of a principal market, in the most advantageous market.
\u00a0
Fair value is measured using the assumptions that market participants would use when pricing the asset or liability, assuming they act in their economic best interests. For non-financial assets, the fair value measurement is based on its highest and best use. Valuation techniques that are appropriate in the circumstances and for which sufficient data are available to measure fair value, are used, maximising the use of relevant observable inputs and minimising the use of unobservable inputs.
\u00a0
Assets and liabilities measured at fair value are classified into three levels, using a fair value hierarchy that reflects the significance of the inputs used in making the measurements. Classifications are reviewed at each reporting date and transfers between levels are determined based on a reassessment of the lowest level of input that is significant to the fair value measurement.
\u00a0
For recurring and non-recurring fair value measurements, external valuers may be used when internal expertise is either not available or when the valuation is deemed to be significant. External valuers are selected based on market knowledge and reputation. Where there is a significant change in fair value of an asset or liability from one period to another, an analysis is undertaken, which includes a verification of the major inputs applied in the latest valuation and a comparison, where applicable, with external sources of data.
\u00a0
Issued capital
Ordinary shares are classified as equity.
\u00a0
\u00a0
\u00a0
\n
\u00a0
Incremental costs directly attributable to the issue of new shares or options are shown in equity as a deduction, net of tax, from the proceeds.
\u00a0
Revaluation reserve
The revaluation reserve arises from the remeasurement of intangible assets to fair value in accordance with IAS 38 Intangible Assets.
\u00a0
Revaluation increases are recognised in other comprehensive income and accumulated in equity under the revaluation reserve, unless they reverse a revaluation decrease of the same asset previously recognised in profit or loss.
\u00a0
Revaluation decreases are first offset against any related credit balance in the revaluation reserve and then recognised in profit or loss.
\u00a0
Upon disposal or derecognition of a revalued asset, the associated balance in the revaluation reserve is transferred directly to retained earnings. This transfer is not made through profit or loss.
\u00a0
Share-Based Payment Reserve
The share-based payment reserve comprises the cumulative value of equity-settled share-based payment arrangements recognised in accordance with IFRS 2 Share-based Payment.
\u00a0
Equity instruments granted to employees, directors, or third parties are measured at fair value on the grant date and recognised as an expense over the vesting period, with a corresponding credit to the share-based payment reserve.
\u00a0
The fair value of share options and warrants is determined using an appropriate valuation model (e.g., Black-Scholes), considering all relevant terms and conditions.
\u00a0
Where instruments are forfeited or lapsed the corresponding amount is reclassified within profit or loss. Exercised instruments are reclassified within equity.
\u00a0
For equity instruments with no vesting conditions, the expense is recognised in full on the grant date.
\u00a0
Earnings per share
\u00a0
Basic earnings per share
Basic earnings per share is calculated by dividing the profit or loss attributable to the owners of Vinanz Limited, excluding any costs of servicing equity other than ordinary shares, by the weighted average number of ordinary shares outstanding during the financial year, adjusted for bonus elements in ordinary shares issued during the financial year.
\u00a0
Diluted earnings per share
Diluted earnings per share adjusts the figures used in the determination of basic earnings per share to take into account the after income tax effect of interest and other financing costs associated with dilutive potential ordinary shares and the weighted average number of shares assumed to have been issued for no consideration in relation to dilutive potential ordinary shares.
\u00a0
Value-Added Tax ('VAT') and other similar taxes
Revenues, expenses and assets are recognised net of the amount of associated VAT, unless the VAT incurred is not recoverable from the tax authority. In this case it is recognised as part of the cost of the acquisition of the asset or as part of the expense.
\u00a0
Receivables and payables are stated inclusive of the amount of VAT receivable or payable. The net amount of VAT recoverable from, or payable to, the tax authority is included in other receivables or other payables in the statement of financial position.
\u00a0
Cash flows are presented on a gross basis. The VAT components of cash flows arising from investing or financing activities which are recoverable from, or payable to the tax authority, are presented as operating cash flows.
\u00a0
Commitments and contingencies are disclosed net of the amount of VAT recoverable from, or payable to, the tax authority.
\u00a0
\u00a0
\u00a0
New Accounting Standards and Interpretations not yet mandatory or early adopted
Accounting Standards that have recently been issued or amended but are not yet mandatory, have not been early adopted by the consolidated entity for the annual reporting period ended 28 February 2025. The consolidated entity has not yet assessed the impact of these new or amended Accounting Standards and Interpretations.
", "dimensions": { "concept": "ifrs-full:DisclosureOfMaterialAccountingPolicyInformationExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations_D613436732_CY": { "value": "
New or amended Accounting Standards and Interpretations adopted
The consolidated entity has adopted all of the new or amended Accounting Standards and Interpretations issued by the International Accounting Standards Board ('IASB') that are mandatory for the current reporting period.
\u00a0
Any new or amended Accounting Standards or Interpretations that are not yet mandatory have not been early adopted.
", "dimensions": { "concept": "ifrs-full:DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory_D82793548_CY": { "value": "
Basis of preparation
These general-purpose financial statements have been prepared in accordance with International Financial Reporting Standards (\u201cIFRS\u201d) as adopted by the UK. The financial statements also comply with the provisions of the BVI Business Companies Act, 2004 (as amended) and the BVI Business Companies (Financial Return) Order, 2023.
\u00a0
The financial statements have been prepared on a going concern basis,, except where otherwise stated. The Group's functional and presentation currency is Pounds Sterling (GBP).
\u00a0
Historical cost convention
The financial statements have been prepared under the historical cost convention, except for, where applicable, the revaluation of financial assets and liabilities at fair value through profit or loss, and intangible assets at fair value through other comprehensive income.
\u00a0
Critical accounting estimates
The preparation of the financial statements requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the consolidated entity's accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements, are disclosed in note 2.
\u00a0
Going Concern
The Directors acknowledge the losses incurred by the Group for the period ended 28 February 2025. Since year-end, the Group has raised additional funds to support its operations and has secured a USD $4 million bridging loan, to be drawn in two tranches and an additional capital raise of GBP 3.6 million on 17 June 2025. These actions provide financing for the next 12 months, including the repayment of the bridging loan which remains repayable 7 April 2026. The company is able to dispose of its digital assets for fiat cash to settle liabilities where required, which is considered as part of management going concern assessment. No adjustments have been made that would be required if the Group were unable to continue as a going concern.
\u00a0
Employee Benefit Trust
The Group operates an Employee Benefit Trust (\u201cEBT\u201d) for the purpose of holding and delivering shares to employees and directors in connection with share-based payment arrangements. The EBT is controlled by the Group and is therefore consolidated in accordance with the requirements of IFRS 10 Consolidated Financial Statements.
\u00a0
The shares held by EBT are treated as treasury shares and are not valued until they are received by the employees and/or directors. Shares are not acquired through cash contributions but are awarded based on performance conditions being met under the terms of the relevant share-based payment scheme.
\u00a0
Once the shares are received by employees or directors, the fair value of the shares is recognised as an expense in profit or loss, with a corresponding increase in equity through ordinary share capital and, where applicable, share premium.
", "dimensions": { "concept": "ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DisclosureOfBasisOfConsolidationExplanatory_D2040888935_CY": { "value": "
Principles of consolidation
The consolidated financial statements incorporate the assets and liabilities of all subsidiaries of Vinanz Limited ('Group' or 'parent entity') as at 28 February 2025 and the results of all subsidiaries for the period then ended. Vinanz Limited and its subsidiaries together are referred to in these financial statements as the 'consolidated entity' or \u201cGroup\u201d.
\u00a0
Subsidiaries are all those entities over which the consolidated entity has control. The consolidated entity controls an entity when the consolidated entity is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power to direct the activities of the entity. Subsidiaries are fully consolidated from the date on which control is transferred to the consolidated entity. They are de-consolidated from the date that control ceases.
Intergroup transactions, balances and unrealised gains on transactions between entities in the consolidated entity are eliminated. Unrealised losses are also eliminated unless the transaction provides evidence of the impairment of the asset transferred. Accounting policies of subsidiaries have been changed where necessary to ensure consistency with the policies adopted by the consolidated entity.
\u00a0
The acquisition of subsidiaries is accounted for using the acquisition method of accounting. A change in ownership interest, without the loss of control, is accounted for as an equity transaction, where the difference between the consideration transferred and the book value of the share of the non-controlling interest acquired is recognised directly in equity attributable to the parent.
\u00a0
Where the consolidated entity loses control over a subsidiary, it derecognises the assets including goodwill, liabilities and noncontrolling interest in the subsidiary together with any cumulative translation differences recognised in equity. The consolidated entity recognises the fair value of the consideration received and the fair value of any investment retained together with any gain or loss in profit or loss.
", "dimensions": { "concept": "ifrs-full:DisclosureOfBasisOfConsolidationExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue_E77_CY": { "value": "
Revenue recognition
Revenue is derived solely from the mining of Bitcoin by the Group's owned mining machines.
\u00a0
Revenue is recognised at the point in time when the Group obtains control of the Bitcoin reward, which occurs when the mining process has been successfully completed and the Bitcoin is received in the Group's designated digital wallet. At this point, the Group has the ability to access, retain, and direct the use of the Bitcoin, thereby satisfying the criteria for control under IFRS 15 Revenue from Contracts with Customers and the IFRS Conceptual Framework for non-contractual income.
\u00a0
Revenue is measured at the fair value of the Bitcoin received, determined by reference to the spot exchange rate in GBP on the date and time the Bitcoin enters the Group's wallet. The spot price is obtained from a principal market (such as Coinbase or Binance), and represents a Level 1 input in accordance with IFRS 13 Fair Value Measurement.
\u00a0
Wallet Pooling Methodology
The Group utilises a wallet pooling methodology for operational efficiency and custodial oversight. Bitcoin mined across multiple mining locations is consolidated into a pooled wallet environment. While the digital assets are physically pooled, the Group maintains detailed off-chain records to track the origin and timing of each Bitcoin reward. These records ensure traceability, accurate revenue recognition, and reconciliation between individual mining activity and pooled wallet balances. This system enables the Group to reliably determine the fair value of each unit of Bitcoin at the time it is mined and received.
\u00a0
Interest
Interest revenue is recognised as interest accrues using the effective interest method. This is a method of calculating the amortised cost of a financial asset and allocating the interest income over the relevant period using the effective interest rate, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to the net carrying amount of the financial asset.
\u00a0
Other revenue
Other income comprises realised gains on the disposal of digital assets, excluding Bitcoin mining rewards. Such gains are recognised at the point in time when control of the digital asset transfers to the buyer and the significant risks and rewards of ownership have passed. Income is measured at the fair value of the consideration received or receivable and is recognised only when it is probable that the economic benefits will flow to the Group and the amount can be reliably measured. This policy is applied in accordance with IFRS 15 Revenue from Contracts with Customers and relevant guidance under the IFRS Conceptual Framework.
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForRecognitionOfRevenue", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory_E52_CY": { "value": "
Income tax
The income tax expense or benefit for the period is the tax payable on that period's taxable income based on the applicable income tax rate for each jurisdiction, adjusted by the changes in deferred tax assets and liabilities attributable to temporary differences, unused tax losses and the adjustment recognised for prior periods, where applicable.
Deferred tax assets and liabilities are recognised for temporary differences at the tax rates expected to be applied when the assets are recovered or liabilities are settled, based on those tax rates that are enacted or substantively enacted, except for:
\u25cf
When the deferred income tax asset or liability arises from the initial recognition of goodwill or an asset or liability in a transaction that is not a business combination and that, at the time of the transaction, affects neither the accounting nor taxable profits; or
\u25cf
When the taxable temporary difference is associated with interests in subsidiaries, associates or joint ventures, and the timing of the reversal can be controlled and it is probable that the temporary difference will not reverse in the foreseeable future.
\u00a0
Deferred tax assets are recognised for deductible temporary differences and unused tax losses only if it is probable that future taxable amounts will be available to utilise those temporary differences and losses.
\u00a0
The carrying amount of recognised and unrecognised deferred tax assets are reviewed at each reporting date. Deferred tax assets recognised are reduced to the extent that it is no longer probable that future taxable profits will be available for the carrying amount to be recovered. Previously unrecognised deferred tax assets are recognised to the extent that it is probable that there are future taxable profits available to recover the asset.
\u00a0
Deferred tax assets and liabilities are offset only where there is a legally enforceable right to offset current tax assets against current tax liabilities and deferred tax assets against deferred tax liabilities; and they relate to the same taxable authority on either the same taxable entity or different taxable entities which intend to settle simultaneously.
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForIncomeTaxExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DescriptionOfAccountingPolicyForDeferredIncomeTaxExplanatory_E17_CY": { "value": "
Deferred tax assets and liabilities are recognised for temporary differences at the tax rates expected to be applied when the assets are recovered or liabilities are settled, based on those tax rates that are enacted or substantively enacted, except for:
\u25cf
When the deferred income tax asset or liability arises from the initial recognition of goodwill or an asset or liability in a transaction that is not a business combination and that, at the time of the transaction, affects neither the accounting nor taxable profits; or
\u25cf
When the taxable temporary difference is associated with interests in subsidiaries, associates or joint ventures, and the timing of the reversal can be controlled and it is probable that the temporary difference will not reverse in the foreseeable future.
\u00a0
Deferred tax assets are recognised for deductible temporary differences and unused tax losses only if it is probable that future taxable amounts will be available to utilise those temporary differences and losses.
\u00a0
The carrying amount of recognised and unrecognised deferred tax assets are reviewed at each reporting date. Deferred tax assets recognised are reduced to the extent that it is no longer probable that future taxable profits will be available for the carrying amount to be recovered. Previously unrecognised deferred tax assets are recognised to the extent that it is probable that there are future taxable profits available to recover the asset.
\u00a0
Deferred tax assets and liabilities are offset only where there is a legally enforceable right to offset current tax assets against current tax liabilities and deferred tax assets against deferred tax liabilities; and they relate to the same taxable authority on either the same taxable entity or different taxable entities which intend to settle simultaneously.
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForDeferredIncomeTaxExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents_E22_CY": { "value": "
Cash and cash equivalents
Cash and cash equivalents includes cash on hand, deposits held at call with financial institutions, other short-term, highly liquid investments with original maturities of three months or less that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value.
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory_E73_CY": { "value": "
Property, plant and equipment - bitcoin mining machines
Classification
Bitcoin mining machines are classified as Property, Plant and Equipment (PPE) under IAS 16 Property, Plant and Equipment. These are tangible assets held for use in the Group's cryptocurrency mining operations and are expected to be used over multiple periods.
\u00a0
Initial Recognition and Measurement
Mining machines are initially measured at cost, which includes:
\u00a0
1.
The purchase price (net of any trade discounts),
2.
Import duties and non-refundable taxes,
3.
Costs directly attributable to bringing the asset to its working condition and location (e.g. shipping, customs, installation),
4.
Any estimated dismantling and site restoration obligations.
\u00a0
Subsequent Measurement
The Group uses the cost model for subsequent measurement. Assets are carried at cost less accumulated depreciation and accumulated impairment losses, if any.
Depreciation
Mining machines are depreciated on a straight-line basis over their estimated useful life of five (5) years. Depreciation is calculated daily, beginning from the invoice (purchase) date, to accurately match expense with asset usage.
\u00a0
Bitcoin mining machines
5 years
\u00a0
Impairment
Assets are reviewed at each reporting date for indicators of impairment in accordance with IAS 36 Impairment of Assets. If such indicators exist, the asset's recoverable amount is estimated, and an impairment loss is recognised where the carrying amount exceeds the recoverable amount.
\u00a0
Derecognition
An asset is derecognised upon disposal or when no future economic benefits are expected from its use. Any gain or loss on derecognition is recognised in profit or loss.
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory_E62_CY": { "value": "
Intangible assets
Bitcoin held by the Group is classified as an intangible asset in accordance with IAS 38 Intangible Assets, as it is a nonmonetary asset without physical substance and is not held for sale in the ordinary course of business.
\u00a0
Initial Recognition
Bitcoin obtained through mining activities is initially recognised at its fair value on the date the asset is received and becomes accessible to the Group. Fair value is determined using the spot exchange rate in GBP at the specific date and time of receipt, based on quoted prices in active markets from a principal exchange (e.g., Coinbase or Binance). This approach ensures compliance with IFRS 13 Fair Value Measurement and reflects the fair value of the asset transferred in exchange for the Group's mining efforts.
\u00a0
The amount recognised as the initial carrying value of the Bitcoin also corresponds to the revenue recognised in the statement of profit or loss on that date.
\u00a0
The Group does not capitalise mining-related operating costs into the value of the intangible asset. Instead, these are expensed as incurred, with the full fair value of the mined Bitcoin recognised as both revenue and as the initial cost of the intangible asset.
\u00a0
Subsequent Measurement
After initial recognition, Bitcoin is measured using the revaluation model as permitted under IAS 38. The asset is recognised at its fair value at the reporting date. Revaluation of assets held under IAS 38 are revalued through other comprehensive income.
\u00a0
Impairment
The carrying amount of Bitcoin is reviewed at each reporting date for indicators of impairment in accordance with IAS 36 Impairment of Assets. Where such indicators exist, the asset is tested for recoverable amount and written down if the carrying amount exceeds this value. Any impairment loss is recognised in profit or loss. Impairment losses are not reversed in future periods if the fair value of Bitcoin subsequently increases.
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory_E51_CY": { "value": "
Impairment of non-financial assets
Non-financial assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. An impairment loss is recognised for the amount by which the asset's carrying amount exceeds its recoverable amount.
\u00a0
Recoverable amount is the higher of an asset's fair value less costs of disposal and value-in-use. The value-in-use is the present value of the estimated future cash flows relating to the asset using a pre-tax discount rate specific to the asset or cash-generating unit to which the asset belongs. Assets that do not have independent cash flows are grouped together to form a cash-generating unit.
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory_E44_CY": { "value": "
Functional Currency
The financial statements are presented in Pounds Sterling (\u00a3), which is the Group's functional and presentational currency. The functional currency is the currency of the primary economic environment in which the entity operates. In determining the functional currency, the Group considers the currency that mainly influences sales prices for goods and services, and the currency that influences labour, material and other costs of providing goods or services.
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DescriptionOfAccountingPolicyForSegmentReportingExplanatory_E84_CY": { "value": "
Segmental Reporting
Operating segments are reported in a manner consistent with the internal reporting provided to the Chief Operating Decision Maker (\u201cCODM\u201d), who is responsible for allocating resources and assessing performance of the operating segments. The CODM has been identified as the Board of Directors.
\u00a0
The Group operates a single reportable segment: Bitcoin mining and related cryptocurrency operations, with all material operations based in North America. As such, the financial information presented reflects the performance of the consolidated business.
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForSegmentReportingExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory_E86_CY": { "value": "
Share-Based Payments
The Group issues equity-settled share-based payments to certain directors, employees, and advisors. These are measured at fair value at the date of grant. The fair value determined at the grant date is expensed on a straight-line basis over the vesting period, based on the Group's estimate of the number of equity instruments that will eventually vest. Fair value is determined by using an appropriate valuation model (e.g., Black-Scholes or Monte Carlo simulation), depending on the terms and conditions of the grant.
\u00a0
Where share-based payments are settled by the issuance of equity instruments with no vesting conditions or service period, the fair value is expensed immediately.
\u00a0
The corresponding amount is recognised in the share-based payment reserve. Upon exercise or conversion of the instruments, amounts previously recognised in the share-based payment reserve are transferred to share capital and share premium as appropriate.
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory_E91_CY": { "value": "
Trade and other payables
These amounts represent liabilities for goods and services provided to the consolidated entity prior to the end of the financial year and which are unpaid. Due to their short-term nature, they are measured at amortised cost and are not discounted. The amounts are unsecured and are usually paid within 30 days of recognition.
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory_E33_CY": { "value": "
Fair value measurement
When an asset or liability, financial or non-financial, is measured at fair value for recognition or disclosure purposes, the fair value is based on the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date; and assumes that the transaction will take place either: in the principal market; or in the absence of a principal market, in the most advantageous market.
\u00a0
Fair value is measured using the assumptions that market participants would use when pricing the asset or liability, assuming they act in their economic best interests. For non-financial assets, the fair value measurement is based on its highest and best use. Valuation techniques that are appropriate in the circumstances and for which sufficient data are available to measure fair value, are used, maximising the use of relevant observable inputs and minimising the use of unobservable inputs.
\u00a0
Assets and liabilities measured at fair value are classified into three levels, using a fair value hierarchy that reflects the significance of the inputs used in making the measurements. Classifications are reviewed at each reporting date and transfers between levels are determined based on a reassessment of the lowest level of input that is significant to the fair value measurement.
\u00a0
For recurring and non-recurring fair value measurements, external valuers may be used when internal expertise is either not available or when the valuation is deemed to be significant. External valuers are selected based on market knowledge and reputation. Where there is a significant change in fair value of an asset or liability from one period to another, an analysis is undertaken, which includes a verification of the major inputs applied in the latest valuation and a comparison, where applicable, with external sources of data.
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DescriptionOfAccountingPolicyForIssuedCapitalExplanatory_E55_CY": { "value": "
Issued capital
Ordinary shares are classified as equity.
Incremental costs directly attributable to the issue of new shares or options are shown in equity as a deduction, net of tax, from the proceeds.
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForIssuedCapitalExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DescriptionOfAccountingPolicyForEarningsPerShareExplanatory_E26_CY": { "value": "
Earnings per share
\u00a0
Basic earnings per share
Basic earnings per share is calculated by dividing the profit or loss attributable to the owners of Vinanz Limited, excluding any costs of servicing equity other than ordinary shares, by the weighted average number of ordinary shares outstanding during the financial year, adjusted for bonus elements in ordinary shares issued during the financial year.
\u00a0
Diluted earnings per share
Diluted earnings per share adjusts the figures used in the determination of basic earnings per share to take into account the after income tax effect of interest and other financing costs associated with dilutive potential ordinary shares and the weighted average number of shares assumed to have been issued for no consideration in relation to dilutive potential ordinary shares.
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForEarningsPerShareExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_ExplanationOfNotAppliedNewStandardsOrInterpretations_D170305079_CY": { "value": "New Accounting Standards and Interpretations not yet mandatory or early adoptedAccounting Standards that have recently been issued or amended but are not yet mandatory, have not been early adopted by the consolidated entity for the annual reporting period ended 28 February 2025. The consolidated entity has not yet assessed the impact of these new or amended Accounting Standards and Interpretations.", "dimensions": { "concept": "ifrs-full:ExplanationOfNotAppliedNewStandardsOrInterpretations", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory_E3_CY": { "value": "
Note 2. Critical accounting judgements, estimates and assumptions
\u00a0
The preparation of the financial statements in accordance with International Financial Reporting Standards (IFRS) requires management to make judgements, estimates and assumptions that affect the application of accounting policies and the reported amounts of assets, liabilities, income and expenses. Actual results may differ from these estimates. Revisions to estimates are recognised prospectively.
\u00a0
Estimates and assumptions that have a significant risk of resulting in a material adjustment to the carrying amounts of assets and liabilities within the next financial year are set out below.
\u00a0
Fair Value and Impairment of Cryptocurrency Holdings
Cryptocurrencies, primarily Bitcoin, are classified as intangible assets and measured at fair value at each reporting date. Fair value is determined using quoted prices from the Group's principal exchange (e.g. Coinbase), and movements are recognised through other comprehensive income. Due to the high volatility of cryptocurrency markets, significant judgement is required in selecting the valuation source and determining whether indicators of impairment exist. A material changes in market price close to or after period end may significantly impact reported carrying values. Refer to note 10.
\u00a0
Impairment of Mining Equipment
The Group's mining equipment is subject to impairment testing when indicators exist. Management assesses the recoverable amount of cash-generating units (CGUs) using a value-in-use model based on future expected cash flows. This requires the use of significant estimates, including assumptions regarding future Bitcoin price, network difficulty, mining efficiency, operating uptime, hosting costs, and the discount rate applied. These assumptions are subject to high volatility and estimation uncertainty, particularly given the nature of the digital asset industry. Refer to note 11.
\u00a0
Share-Based Payments
The Group determines the fair value of equity-settled share-based payments using valuation models such as the Black- Scholes or Binomial model. These models require subjective inputs including expected volatility, option life, risk-free interest rate, and expected dividend yield. Changes in these assumptions could materially affect the amount recognised in profit or loss and equity. Refer to note 18
\u00a0
Recognition of Deferred Tax Assets
Deferred tax assets are recognised to the extent that it is probable that taxable profits will be available to utilise deductible temporary differences and carried forward tax losses. The recognition involves significant judgement, particularly in relation to the assessment of future taxable income and the timing of reversal of temporary differences in a sector subject to earnings volatility and regulatory uncertainty. Refer to note 9.
\u00a0
Going Concern Assessment
Management's assessment of going concern is based on the Group's current financial position, forecast cash flows, and funding arrangements. This includes assumptions regarding future Bitcoin market prices, network conditions, operational performance, and cost management. Judgement is also required in evaluating the Group's ability to secure additional funding, if necessary. These assumptions are inherently uncertain, and a material adverse change in market conditions could affect the going concern conclusion.
", "dimensions": { "concept": "ifrs-full:DisclosureOfAccountingJudgementsAndEstimatesExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory_E41_CY": { "value": "
Note 3. Operating segments
\u00a0
The consolidated entity operates in a single business segment, being the mining and sale of Bitcoin, and within a single geographic market. The Board of Directors, who are the Chief Operating Decision Makers (\"CODM\"), review financial information and allocate resources on this basis.
\u00a0
Revenue is derived from the conversion of mined Bitcoin via cryptocurrency platforms such as Coinbase and Binance. These platforms serve as intermediaries for the sale of Bitcoin into fiat currency but are not considered customers in the traditional sense.
\u00a0
The accounting policies used in the internal reporting provided to the CODM are consistent with those applied in the consolidated financial statements.
\u00a0
As a result, the consolidated entity has determined that it has one reportable operating segment, and no further segment disclosures are required under IFRS 8 Operating Segments.
", "dimensions": { "concept": "ifrs-full:DisclosureOfEntitysReportableSegmentsExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DisclosureOfRevenueExplanatory_E120_CY": { "value": "
Note 4. Bitcoin mined
\u00a0
\u00a0
Consolidated
\u00a0
28 February
\u00a0
31 August
\u00a0
2025 (18
\u00a0
2023 (12
\u00a0
month
\u00a0
month
\u00a0
period)
\u00a0
period)
\u00a0
\u00a3
\u00a0
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
Coinbase deposits
933,929
\u00a0
-
Binance deposits
16,576
\u00a0
5,086
Compass deposits
6,968
\u00a0
-
Luxor deposits
-
\u00a0
36,336
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
957,473
\u00a0
41,422
\u00a0
Revenue is recognised at a point in time when control of the mined Bitcoin is transferred to the Group, which is the point at which the Bitcoin is received into the Group's designated digital wallet. This represents the moment the Group has the ability to direct the use of, and obtain substantially all the remaining benefits from, the asset.
\u00a0
Revenue from Bitcoin mining is measured as the fair value of the Bitcoin received, translated into GBP at the spot exchange rate on the date of receipt. This approach reflects the Group's policy of recognising income based on the actual value of digital assets at the time they are earned.
", "dimensions": { "concept": "ifrs-full:DisclosureOfRevenueExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DisclosureOfCostOfSalesExplanatory_E26_CY": { "value": "
Note 5. power and hosting costs
\u00a0
\u00a0
\u00a0
Consolidated
\u00a0
28 February
\u00a0
31 August
\u00a0
2025 (18
\u00a0
2023 (12
\u00a0
month
\u00a0
month
\u00a0
period)
\u00a0
period)
\u00a0
\u00a3
\u00a0
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
Hosting costs - blocklab
520,584
\u00a0
53,544
Labour costs - blocklab
22,983
\u00a0
-
Hosting costs - basic mining
29,191
\u00a0
-
Hosting costs - miningstore
30,423
\u00a0
-
Hosting costs - compass mining
27,005
\u00a0
6,741
Hosting costs - megawatt
25,888
\u00a0
-
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
656,074
\u00a0
60,285
", "dimensions": { "concept": "ifrs-full:DisclosureOfCostOfSalesExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory_E60_CY": { "value": "
Note 6. Administration expenditure
\u00a0
\u00a0
Consolidated
\u00a0
28 February
\u00a0
31 August
\u00a0
2025 (18
\u00a0
2023 (12
\u00a0
month
\u00a0
month
\u00a0
period)
\u00a0
period)
\u00a0
\u00a3
\u00a0
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
Compliance
17,254
\u00a0
-
Cryptocurrency costs
3,290
\u00a0
16,640
Membership & subscription
7,256
\u00a0
\u00a0
Listing fees
206,693
\u00a0
\u00a0
Repairs & maintenance
16,867
\u00a0
\u00a0
Research & development
136,149
\u00a0
\u00a0
Investor relations
11,961
\u00a0
\u00a0
Advertising & marketing
231,530
\u00a0
19,158
Accounting fees
35,529
\u00a0
3,563
Share registry costs
40,349
\u00a0
17,403
Bank fees
28,985
\u00a0
7,624
Consultancy & professional services
539,579
\u00a0
304,030
Auditor remuneration (note 25)
83,131
\u00a0
30,000
General expenses
53,570
\u00a0
40,979
Taxes on purchases unclaimable
110,986
\u00a0
-
Insurance
25,766
\u00a0
4,329
Directors' remuneration (note 24)
292,663
\u00a0
40,667
Travel costs
45,696
\u00a0
-
Administration costs
1,887,254
\u00a0
484,393
\u00a0
There are no employees other than the directors during the current 18 months financial period and the previous 12 months financial period.
", "dimensions": { "concept": "ifrs-full:DisclosureOfGeneralAndAdministrativeExpenseExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DisclosureOfIncomeTaxExplanatory_E67_CY": { "value": "
Note 9. Income tax benefit
\u00a0
Group Structure and Tax Jurisdictions
\u00a0
Vinanz (the \u201cGroup\u201d) is incorporated and registered in the British Virgin Islands (BVI). Under current BVI legislation, the Group is not subject to income tax in the BVI provided it does not carry on business with BVI residents. As such, no income tax expense arises for the parent Group.
\u00a0
The Group includes Vinanz (UK) Limited, a wholly owned operating subsidiary registered and tax resident in the United Kingdom. Vinanz (UK) Limited is subject to UK corporation tax on its taxable profits in accordance with UK tax laws.
\u00a0
Consolidated
\u00a0
28 February
\u00a0
31 August
\u00a0
2025 (18
\u00a0
2023 (12
\u00a0
month
\u00a0
month
\u00a0
period)
\u00a0
period)
\u00a0
\u00a3
\u00a0
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
Income tax benefit
\u00a0
\u00a0
\u00a0
Current tax - Vinanz (UK) Limited
-
\u00a0
-
Deferred tax - origination and reversal of temporary differences - Vinanz (UK) Limited
(3,125)
\u00a0
-
\u00a0
\u00a0
\u00a0
\u00a0
Aggregate income tax benefit
(3,125)
\u00a0
-
\u00a0
\u00a0
\u00a0
\u00a0
Deferred tax included in income tax benefit comprises:
\u00a0
\u00a0
\u00a0
Increase in deferred tax assets (note 12) - Vinanz (UK) Limited
(3,125)
\u00a0
-
\u00a0
\u00a0
\u00a0
\u00a0
Numerical reconciliation of income tax benefit and tax at the statutory rate
\u00a0
\u00a0
\u00a0
Loss before income tax benefit - Vinanz Limited
(15,547,689)
\u00a0
(2,508,061)
Loss before income tax benefit - Vinanz (UK) Limited
(49,895)
\u00a0
-
\u00a0
\u00a0
\u00a0
\u00a0
Tax at the statutory tax rate of 0% - Vinanz Limited
(15,547,689)
\u00a0
(627,015)
Tax at the statutory tax rate of 25% - Vinanz (UK) Limited
(49,895)
\u00a0
-
\u00a0
\u00a0
\u00a0
\u00a0
Unrecognised deferred tax asset on trading losses relating to the subsidiary Vinanz (UK)
\u00a0
\u00a0
\u00a0
Limited
12,462
\u00a0
-
\u00a0
\u00a0
\u00a0
\u00a0
Income tax benefit - Vinanz (UK) Limited
(3,125)
\u00a0
-
\u00a0
The deferred tax benefit of \u00a33,125 has been recognised in relation to audit fees accrued but not yet deductible under UK tax law. The deferred tax asset relating to the trading loss of \u00a349,846 has not been recognised due to uncertainty over the availability of future taxable profits. The Group Vinanz Limited operates from the British Virgin Island where the statutory tax rate is 0%.
", "dimensions": { "concept": "ifrs-full:DisclosureOfIncomeTaxExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DisclosureOfIntangibleAssetsExplanatory_E72_CY": { "value": "
Note 10. Non-current assets - intangibles - digital assets
\u00a0
The Group holds digital assets, specifically Bitcoin and Tokenomic investment, which are classified as intangible assets under IAS 38 Intangible Assets. These assets meet the definition of intangible assets as they are identifiable, non-monetary, and lack physical substance. They are controlled by the Group through cryptographic keys in secure digital wallets and are expected to generate future economic benefits through sale, exchange, or utilization in blockchain ecosystems.
\u00a0
These digital assets are accounted for using the revaluation model, as permitted under IAS 38, due to the availability of observable and reliable fair value information from active cryptocurrency exchanges and blockchain platforms. Under this model, intangible assets are carried at a revalued amount, being their fair value at the date of revaluation less any subsequent accumulated impairment losses.
\u00a0
Recognition and Measurement
\u00a0
On initial recognition, digital assets are measured at cost, which includes the purchase price and any directly attributable costs of acquisition. After initial recognition, the assets are remeasured at fair value at each reporting date.
\u00a0
\u25cf
Gains arising from increases in fair value are recognised in Other Comprehensive Income (OCI) and accumulated in a revaluation reserve within equity.
\u25cf
Losses arising from decreases in fair value are recognised in OCI to the extent of any existing revaluation surplus for that asset; otherwise, the loss is recognised in profit or loss.
\u00a0
Amortization and Impairment
The Bitcoin and Tokenomic holdings are considered to have indefinite useful lives and are therefore not amortized. They are, however, subject to annual impairment testing, or more frequently if events or changes in circumstances indicate that the asset may be impaired. Impairment losses, where applicable, are recognised in profit or loss.
\u00a0
Carrying Amounts and Revaluation Movements
\u00a0
The carrying values and revaluation movements of the Group's digital intangible assets are summarised below:
\u00a0
\u00a0
Consolidated
\u00a0
Consolidated
\u00a0
Consolidated
\u00a0
Consolidated
\u00a0
28 February
\u00a0
28 February
\u00a0
31 August
\u00a0
31 August
\u00a0
2025
\u00a0
2025
\u00a0
2023
\u00a0
2023
\u00a0
BTC
\u00a0
\u00a3
\u00a0
BTC
\u00a0
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Bitcoin wallet - carrying value
5.92
\u00a0
396,977
\u00a0
6.88
\u00a0
146,959
Tokenomic - carrying value
-
\u00a0
1,977
\u00a0
-
\u00a0
-
\u00a0
5.92
\u00a0
398,954
\u00a0
6.88
\u00a0
146,959
\u00a0
Reconciliations
Reconciliations of the written down values at the beginning and end of the current and previous financial year are set out below:
\u00a0
\u00a0
Consolidated
\u00a0
Consolidated
\u00a0
Consolidated
\u00a0
Consolidated
\u00a0
Consolidated
\u00a0
Bitcoin wallet
\u00a0
Bitcoin wallet
\u00a0
Tokenomic
\u00a0
Tokenomic
\u00a0
Total
\u00a0
BTC
\u00a0
\u00a3
\u00a0
Coin
\u00a0
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Opening balance 1 September 2022
-
\u00a0
-
\u00a0
-
\u00a0
-
\u00a0
-
Acquired through acquisition
5.01
\u00a0
111,253
\u00a0
-
\u00a0
-
\u00a0
111,253
Mined bitcoin
1.87
\u00a0
41,222
\u00a0
-
\u00a0
-
\u00a0
41,222
Realised gains (note 7)
-
\u00a0
-
\u00a0
-
\u00a0
-
\u00a0
-
Unrealised losses
-
\u00a0
(5,496)
\u00a0
-
\u00a0
-
\u00a0
(5,496)
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Closing balance 31 August 2023
6.88
\u00a0
146,979
\u00a0
-
\u00a0
-
\u00a0
146,979
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Consolidated
\u00a0
Consolidated
\u00a0
Consolidated
\u00a0
Consolidated
\u00a0
Consolidated
\u00a0
Bitcoin wallet
\u00a0
Bitcoin wallet
\u00a0
Tokenomic
\u00a0
Tokenomic
\u00a0
Total
\u00a0
BTC
\u00a0
\u00a3
\u00a0
Coin
\u00a0
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Opening balance 1 September 2023
6.88
\u00a0
146,979
\u00a0
-
\u00a0
-
\u00a0
146,979
Opening balance adjustment - fair value
-
\u00a0
(32,786)
\u00a0
-
\u00a0
-
\u00a0
(32,786)
Mined bitcoin (including internal transfers)
23.02
\u00a0
1,171,535
\u00a0
0.71
\u00a0
37,061
\u00a0
1,208,596
Bitcoin disposed (including internal transfers)
(23.97)
\u00a0
(1,226,435)
\u00a0
-
\u00a0
-
\u00a0
(1,226,435)
Impairment of intangible asset
-
\u00a0
-
\u00a0
-
\u00a0
(35,084)
\u00a0
(35,084)
Revaluation surplus reserve (note 19)
-
\u00a0
176,784
\u00a0
-
\u00a0
-
\u00a0
176,784
Realised gain (note 7)
-
\u00a0
160,900
\u00a0
-
\u00a0
-
\u00a0
160,900
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Closing balance 28 February 2025
5.93
\u00a0
396,977
\u00a0
0.71
\u00a0
1,977
\u00a0
398,954
\u00a0
Management applies fair value estimation techniques consistent with IFRS 13 using quoted market prices from active exchanges as the primary input. The market is considered active due to the frequency and volume of transactions for these digital assets.
\u00a0
The Group continues to monitor regulatory, technological, and market developments that may affect the valuation or classification of these assets.
", "dimensions": { "concept": "ifrs-full:DisclosureOfIntangibleAssetsExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DisclosureOfOtherNoncurrentAssetsExplanatory_E102_CY": { "value": "
Note 10. Non-current assets - intangibles - digital assets
\u00a0
The Group holds digital assets, specifically Bitcoin and Tokenomic investment, which are classified as intangible assets under IAS 38 Intangible Assets. These assets meet the definition of intangible assets as they are identifiable, non-monetary, and lack physical substance. They are controlled by the Group through cryptographic keys in secure digital wallets and are expected to generate future economic benefits through sale, exchange, or utilization in blockchain ecosystems.
\u00a0
These digital assets are accounted for using the revaluation model, as permitted under IAS 38, due to the availability of observable and reliable fair value information from active cryptocurrency exchanges and blockchain platforms. Under this model, intangible assets are carried at a revalued amount, being their fair value at the date of revaluation less any subsequent accumulated impairment losses.
\u00a0
Recognition and Measurement
\u00a0
On initial recognition, digital assets are measured at cost, which includes the purchase price and any directly attributable costs of acquisition. After initial recognition, the assets are remeasured at fair value at each reporting date.
\u00a0
\u25cf
Gains arising from increases in fair value are recognised in Other Comprehensive Income (OCI) and accumulated in a revaluation reserve within equity.
\u25cf
Losses arising from decreases in fair value are recognised in OCI to the extent of any existing revaluation surplus for that asset; otherwise, the loss is recognised in profit or loss.
\u00a0
Amortization and Impairment
The Bitcoin and Tokenomic holdings are considered to have indefinite useful lives and are therefore not amortized. They are, however, subject to annual impairment testing, or more frequently if events or changes in circumstances indicate that the asset may be impaired. Impairment losses, where applicable, are recognised in profit or loss.
\u00a0
Carrying Amounts and Revaluation Movements
\u00a0
The carrying values and revaluation movements of the Group's digital intangible assets are summarised below:
\u00a0
\u00a0
Consolidated
\u00a0
Consolidated
\u00a0
Consolidated
\u00a0
Consolidated
\u00a0
28 February
\u00a0
28 February
\u00a0
31 August
\u00a0
31 August
\u00a0
2025
\u00a0
2025
\u00a0
2023
\u00a0
2023
\u00a0
BTC
\u00a0
\u00a3
\u00a0
BTC
\u00a0
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Bitcoin wallet - carrying value
5.92
\u00a0
396,977
\u00a0
6.88
\u00a0
146,959
Tokenomic - carrying value
-
\u00a0
1,977
\u00a0
-
\u00a0
-
\u00a0
5.92
\u00a0
398,954
\u00a0
6.88
\u00a0
146,959
\u00a0
Reconciliations
Reconciliations of the written down values at the beginning and end of the current and previous financial year are set out below:
\u00a0
\u00a0
Consolidated
\u00a0
Consolidated
\u00a0
Consolidated
\u00a0
Consolidated
\u00a0
Consolidated
\u00a0
Bitcoin wallet
\u00a0
Bitcoin wallet
\u00a0
Tokenomic
\u00a0
Tokenomic
\u00a0
Total
\u00a0
BTC
\u00a0
\u00a3
\u00a0
Coin
\u00a0
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Opening balance 1 September 2022
-
\u00a0
-
\u00a0
-
\u00a0
-
\u00a0
-
Acquired through acquisition
5.01
\u00a0
111,253
\u00a0
-
\u00a0
-
\u00a0
111,253
Mined bitcoin
1.87
\u00a0
41,222
\u00a0
-
\u00a0
-
\u00a0
41,222
Realised gains (note 7)
-
\u00a0
-
\u00a0
-
\u00a0
-
\u00a0
-
Unrealised losses
-
\u00a0
(5,496)
\u00a0
-
\u00a0
-
\u00a0
(5,496)
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Closing balance 31 August 2023
6.88
\u00a0
146,979
\u00a0
-
\u00a0
-
\u00a0
146,979
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Consolidated
\u00a0
Consolidated
\u00a0
Consolidated
\u00a0
Consolidated
\u00a0
Consolidated
\u00a0
Bitcoin wallet
\u00a0
Bitcoin wallet
\u00a0
Tokenomic
\u00a0
Tokenomic
\u00a0
Total
\u00a0
BTC
\u00a0
\u00a3
\u00a0
Coin
\u00a0
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Opening balance 1 September 2023
6.88
\u00a0
146,979
\u00a0
-
\u00a0
-
\u00a0
146,979
Opening balance adjustment - fair value
-
\u00a0
(32,786)
\u00a0
-
\u00a0
-
\u00a0
(32,786)
Mined bitcoin (including internal transfers)
23.02
\u00a0
1,171,535
\u00a0
0.71
\u00a0
37,061
\u00a0
1,208,596
Bitcoin disposed (including internal transfers)
(23.97)
\u00a0
(1,226,435)
\u00a0
-
\u00a0
-
\u00a0
(1,226,435)
Impairment of intangible asset
-
\u00a0
-
\u00a0
-
\u00a0
(35,084)
\u00a0
(35,084)
Revaluation surplus reserve (note 19)
-
\u00a0
176,784
\u00a0
-
\u00a0
-
\u00a0
176,784
Realised gain (note 7)
-
\u00a0
160,900
\u00a0
-
\u00a0
-
\u00a0
160,900
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Closing balance 28 February 2025
5.93
\u00a0
396,977
\u00a0
0.71
\u00a0
1,977
\u00a0
398,954
\u00a0
Management applies fair value estimation techniques consistent with IFRS 13 using quoted market prices from active exchanges as the primary input. The market is considered active due to the frequency and volume of transactions for these digital assets.
\u00a0
The Group continues to monitor regulatory, technological, and market developments that may affect the valuation or classification of these assets.
\n
\u00a0
Note 11. Non-current assets - property, plant and equipment
\u00a0
Bitcoin mining machines are recognised as tangible assets under IAS 16 Property, Plant and Equipment. These assets are used in the Group's core cryptocurrency mining operations and are expected to provide economic benefits over their useful life.
\u00a0
At the reporting date, the carrying amounts of Bitcoin mining machines were as follows:
\u00a0
\u00a0
Consolidated
\u00a0
28 February
\u00a0
31 August
\u00a0
2025 (18
\u00a0
2023 (12
\u00a0
month
\u00a0
month
\u00a0
period)
\u00a0
period)
\u00a0
\u00a3
\u00a0
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
Bitcoin machines - at cost
784,674
\u00a0
265,871
Less: accumulated depreciation
(160,325)
\u00a0
(30,635)
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
624,349
\u00a0
235,236
\u00a0
Reconciliations
Reconciliations of the written down values at the beginning and end of the current and previous financial year are set out below:
\u00a0
\u00a0
Bitcoin
\u00a0
\u00a0
\u00a0
machines
\u00a0
Total
Consolidated
\u00a3
\u00a0
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
Balance at 1 September 2022
-
\u00a0
-
Additions
265,871
\u00a0
265,871
Depreciation expense
(30,635)
\u00a0
(30,635)
\u00a0
\u00a0
\u00a0
\u00a0
Balance at 31 August 2023
235,236
\u00a0
235,236
Additions
519,442
\u00a0
519,442
Write off of assets
(639)
\u00a0
(639)
Depreciation expense
(129,690)
\u00a0
(129,690)
\u00a0
\u00a0
\u00a0
\u00a0
Balance at 28 February 2025
624,349
\u00a0
624,349
\u00a0
Useful Life and Depreciation
\u00a0
\u25cf
Estimated useful life: 5 years (1,825 days).
\u25cf
Depreciation method: Straight-line, calculated daily.
\u25cf
Depreciation begins from the invoice date of each machine.
\u25cf
No residual value has been applied.
\u00a0
Depreciation is recognised in the income statement within \u201cAdministration Expenditure / Depreciation and amortisation expense.
\u00a0
Capital Additions and Disposals
\u00a0
During the reporting period, the Group:
\u25cf
Acquired new mining machines with a total cost of \u00a3519,442.
\u25cf
There was no disposed of or fully depreciated mining machines during the period.
\u00a0
\u00a0
\u00a0
\n
\u00a0
Impairment Review
\u00a0
As of the reporting date, no indicators of impairment were identified. Therefore, no impairment losses have been recognised for the current period.
\u00a0
The Group continually monitors technological advancements, electricity pricing, network difficulty, and market volatility to assess whether mining machines remain economically viable.
\u00a0
Note 12. Non-current assets - deferred tax
\u00a0
Consolidated
\u00a0
28 February
\u00a0
31 August
\u00a0
2025 (18
\u00a0
2023 (12
\u00a0
month
\u00a0
month
\u00a0
period)
\u00a0
period)
\u00a0
\u00a3
\u00a0
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
Deferred tax asset comprises temporary differences attributable to:
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Amounts recognised in profit or loss:
\u00a0
\u00a0
\u00a0
Accrued expenses
3,125
\u00a0
-
\u00a0
\u00a0
\u00a0
\u00a0
Deferred tax asset
3,125
\u00a0
-
\u00a0
\u00a0
\u00a0
\u00a0
Amount expected to be recovered within 12 months
3,125
\u00a0
-
\u00a0
\u00a0
\u00a0
\u00a0
Movements:
\u00a0
\u00a0
\u00a0
Opening balance
-
\u00a0
-
Credited to profit or loss (note 9)
3,125
\u00a0
-
\u00a0
\u00a0
\u00a0
\u00a0
Closing balance
3,125
\u00a0
-
\u00a0
The tax losses of \u00a349,846 (potential deferred tax asset of \u00a312,462) have not been recognised due to uncertainty over future taxable profits.
\u00a0
Note 13. Non-current assets - security deposits
\u00a0
As at the reporting date, the Group has made non-refundable advance payments under long-term service agreements for future operating costs associated with its Bitcoin mining operations. These prepayments are classified as non-current assets as the related services are expected to be consumed beyond twelve months from the reporting date.
\u00a0
\u00a0
Consolidated
\u00a0
28 February
\u00a0
31 August
\u00a0
2025 (18
\u00a0
2023 (12
\u00a0
month
\u00a0
month
\u00a0
period)
\u00a0
period)
\u00a0
\u00a3
\u00a0
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
Prepayments - hosting and mining-related operating costs
96,022
\u00a0
-
\u00a0
These prepayments primarily relate to long-term hosting, energy, and infrastructure support agreements with third-party service providers. The costs will be systematically expensed to the income statement over the term of the respective agreements, in line with the receipt of services.
\u00a0
The Group assesses these balances for recoverability at each reporting date, with consideration given to supplier performance, contractual enforceability, and service continuity. No impairment losses have been recognised as of the reporting date.
\u00a0
\u00a0
\u00a0
", "dimensions": { "concept": "ifrs-full:DisclosureOfOtherNoncurrentAssetsExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory_E110_CY": { "value": "
Note 11. Non-current assets - property, plant and equipment
\u00a0
Bitcoin mining machines are recognised as tangible assets under IAS 16 Property, Plant and Equipment. These assets are used in the Group's core cryptocurrency mining operations and are expected to provide economic benefits over their useful life.
\u00a0
At the reporting date, the carrying amounts of Bitcoin mining machines were as follows:
\u00a0
\u00a0
Consolidated
\u00a0
28 February
\u00a0
31 August
\u00a0
2025 (18
\u00a0
2023 (12
\u00a0
month
\u00a0
month
\u00a0
period)
\u00a0
period)
\u00a0
\u00a3
\u00a0
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
Bitcoin machines - at cost
784,674
\u00a0
265,871
Less: accumulated depreciation
(160,325)
\u00a0
(30,635)
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
624,349
\u00a0
235,236
\u00a0
Reconciliations
Reconciliations of the written down values at the beginning and end of the current and previous financial year are set out below:
\u00a0
\u00a0
Bitcoin
\u00a0
\u00a0
\u00a0
machines
\u00a0
Total
Consolidated
\u00a3
\u00a0
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
Balance at 1 September 2022
-
\u00a0
-
Additions
265,871
\u00a0
265,871
Depreciation expense
(30,635)
\u00a0
(30,635)
\u00a0
\u00a0
\u00a0
\u00a0
Balance at 31 August 2023
235,236
\u00a0
235,236
Additions
519,442
\u00a0
519,442
Write off of assets
(639)
\u00a0
(639)
Depreciation expense
(129,690)
\u00a0
(129,690)
\u00a0
\u00a0
\u00a0
\u00a0
Balance at 28 February 2025
624,349
\u00a0
624,349
\u00a0
Useful Life and Depreciation
\u00a0
\u25cf
Estimated useful life: 5 years (1,825 days).
\u25cf
Depreciation method: Straight-line, calculated daily.
\u25cf
Depreciation begins from the invoice date of each machine.
\u25cf
No residual value has been applied.
\u00a0
Depreciation is recognised in the income statement within \u201cAdministration Expenditure / Depreciation and amortisation expense.
\u00a0
Capital Additions and Disposals
\u00a0
During the reporting period, the Group:
\u25cf
Acquired new mining machines with a total cost of \u00a3519,442.
\u25cf
There was no disposed of or fully depreciated mining machines during the period.
Impairment Review
\u00a0
As of the reporting date, no indicators of impairment were identified. Therefore, no impairment losses have been recognised for the current period.
\u00a0
The Group continually monitors technological advancements, electricity pricing, network difficulty, and market volatility to assess whether mining machines remain economically viable.
", "dimensions": { "concept": "ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DisclosureOfDeferredTaxesExplanatory_E31_CY": { "value": "
Note 12. Non-current assets - deferred tax
\u00a0
Consolidated
\u00a0
28 February
\u00a0
31 August
\u00a0
2025 (18
\u00a0
2023 (12
\u00a0
month
\u00a0
month
\u00a0
period)
\u00a0
period)
\u00a0
\u00a3
\u00a0
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
Deferred tax asset comprises temporary differences attributable to:
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Amounts recognised in profit or loss:
\u00a0
\u00a0
\u00a0
Accrued expenses
3,125
\u00a0
-
\u00a0
\u00a0
\u00a0
\u00a0
Deferred tax asset
3,125
\u00a0
-
\u00a0
\u00a0
\u00a0
\u00a0
Amount expected to be recovered within 12 months
3,125
\u00a0
-
\u00a0
\u00a0
\u00a0
\u00a0
Movements:
\u00a0
\u00a0
\u00a0
Opening balance
-
\u00a0
-
Credited to profit or loss (note 9)
3,125
\u00a0
-
\u00a0
\u00a0
\u00a0
\u00a0
Closing balance
3,125
\u00a0
-
\u00a0
The tax losses of \u00a349,846 (potential deferred tax asset of \u00a312,462) have not been recognised due to uncertainty over future taxable profits.
", "dimensions": { "concept": "ifrs-full:DisclosureOfDeferredTaxesExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DisclosureOfPrepaymentsAndOtherAssetsExplanatory_E108_CY": { "value": "
Note 13. Non-current assets - security deposits
\u00a0
As at the reporting date, the Group has made non-refundable advance payments under long-term service agreements for future operating costs associated with its Bitcoin mining operations. These prepayments are classified as non-current assets as the related services are expected to be consumed beyond twelve months from the reporting date.
\u00a0
\u00a0
Consolidated
\u00a0
28 February
\u00a0
31 August
\u00a0
2025 (18
\u00a0
2023 (12
\u00a0
month
\u00a0
month
\u00a0
period)
\u00a0
period)
\u00a0
\u00a3
\u00a0
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
Prepayments - hosting and mining-related operating costs
96,022
\u00a0
-
\u00a0
These prepayments primarily relate to long-term hosting, energy, and infrastructure support agreements with third-party service providers. The costs will be systematically expensed to the income statement over the term of the respective agreements, in line with the receipt of services.
\u00a0
The Group assesses these balances for recoverability at each reporting date, with consideration given to supplier performance, contractual enforceability, and service continuity. No impairment losses have been recognised as of the reporting date.
Note 14. Current assets \u2013 prepayments
\u00a0
As at the reporting date, the Group has recognised current prepayments comprising advance payments for operating and administrative costs expected to be consumed within twelve months from the reporting date. These are classified as current assets.
\u00a0
\u00a0
Consolidated
\u00a0
28 February
\u00a0
31 August
\u00a0
2025 (18
\u00a0
2023 (12
\u00a0
month
\u00a0
month
\u00a0
period)
\u00a0
period)
\u00a0
\u00a3
\u00a0
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
Prepayments - hosting and mining-related operating costs
40,488
\u00a0
109,266
Prepayments - administrative costs
24,466
\u00a0
-
Supplier credit
3,077
\u00a0
-
\u00a0
68,031
\u00a0
109,266
\u00a0
Prepayments relating to Bitcoin mining operations include advance payments for services such as electricity, hosting, equipment maintenance, and infrastructure fees. Administrative and operational prepayments primarily consist of upfront costs for insurance, software subscriptions, professional fees, and other contracted services.
\u00a0
All current prepayments are expensed to the income statement on a systematic basis, reflecting the period over which the related services are received.
\u00a0
As at the reporting date, the Group has not identified any indicators of impairment or non-recoverability for these prepayments.
", "dimensions": { "concept": "ifrs-full:DisclosureOfPrepaymentsAndOtherAssetsExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory_E17_CY": { "value": "
Note 15. Current assets - cash and cash equivalents
\u00a0
Cash and cash equivalents include cash at bank held in operational accounts. These funds are available for immediate use in the Group's operations and are not subject to any restrictions or significant risk of changes in value.
\u00a0
\u00a0
Consolidated
\u00a0
28 February
\u00a0
31 August
\u00a0
2025 (18
\u00a0
2023 (12
\u00a0
month
\u00a0
month
period)
\u00a0
period)
\u00a0
\u00a3
\u00a0
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
Cash at bank
855,484
\u00a0
155,840
\u00a0
Accounting Treatment
Cash and cash equivalents are recognised in the statement of financial position at cost, which approximates fair value due to their short-term nature. They are classified under current assets and are not subject to any significant liquidity restrictions.
\u00a0
Reconciliation to Statement of Cash Flows
The total cash and cash equivalents balance reconciles to the cash flows from operating, investing, and financing activities.
", "dimensions": { "concept": "ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory_E129_CY": { "value": "
Note 16. Current liabilities - trade and other payables
\u00a0
Trade and other payables consist of amounts owed to suppliers and creditors for goods and services received in the normal course of business. These balances are classified as current liabilities as they are expected to be settled within the Group's normal operating cycle.
\u00a0
Trade Payables
Trade payables represent amounts due to suppliers for goods and services purchased by the Group. These are typically settled within 30 to 60 days, depending on the payment terms agreed upon with suppliers.
Other Payables - Bank Credit Cards
Other payables include amounts owed to financial institutions related to bank credit card usage. These balances are typically settled within the agreed credit period, which is generally within 30 days.
\u00a0
\u00a0
Consolidated
\u00a0
28 February
\u00a0
31 August
\u00a0
2025 (18
\u00a0
2023 (12
\u00a0
month
\u00a0
month
\u00a0
period)
\u00a0
period)
\u00a0
\u00a3
\u00a0
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
Trade payables
153,037
\u00a0
54,364
Other payables
148
\u00a0
270
Accrued expenses
80,600
\u00a0
18,000
Other current liabilities
6,507
\u00a0
2,678
\u00a0
240,292
\u00a0
75,312
\u00a0
Accounting Treatment
Trade and other payables are initially recognised at fair value, which approximates their settlement amounts. Subsequent measurement is at amortized cost, using the effective interest method if applicable.
\u00a0
Accrued Expenses
Accrued expenses represent costs incurred but not yet invoiced or paid as at the reporting date. These typically include professional fees, operational expenses, and other services received but unpaid.
\u00a0
Related Party Balances
Amounts due to related parties arise from transactions conducted on an arm's length basis to support the Group at earlier stage development. All related party transactions are disclosed in Note 24 (Related Party Transactions) and are payable with no fixed time frame for repayment.
\u00a0
Payment Terms and Settlement
\u00a0
\u25cf
Trade payables are due based on standard commercial terms, typically ranging from 0 to 30 days.
\u25cf
Other payables related to credit card balances are due within the financial institution's specified credit period, typically 30 days.
\u00a0
Refer to note 23 for further information on financial instruments.
", "dimensions": { "concept": "ifrs-full:DisclosureOfTradeAndOtherPayablesExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DisclosureOfIssuedCapitalExplanatory_E84_CY": { "value": "
Note 17. Equity - issued capital
\u00a0
The issued share capital of the Group consists of ordinary shares, which carry full voting rights and entitlement to dividends (refer to note 22) and residual assets upon winding up. All issued shares are fully paid.
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Consolidated
\u00a0
\u00a0
\u00a0
28 February
\u00a0
31 August
\u00a0
28 February
\u00a0
31 August
\u00a0
2025 (18
\u00a0
2023 (12
\u00a0
2025 (18
\u00a0
2023 (12
\u00a0
month
\u00a0
month
\u00a0
month
\u00a0
month
\u00a0
period)
\u00a0
period)
\u00a0
period)
\u00a0
period)
\u00a0
Shares
\u00a0
Shares
\u00a0
\u00a3
\u00a0
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Ordinary shares - fully paid
253,701,022
\u00a0
116,491,839
\u00a0
19,701,636
\u00a0
1,178,880
Movements in ordinary share capital
\u00a0
Details
Date
Shares
Issue price
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Balance
31 August 2022
1
\u00a30.0100
-
Issue of fully paid ordinary shares
27 March 2023
166,667
\u00a30.0300
5,000
Issue of fully paid ordinary shares
4 April 2023
54,000,000
\u00a30.0025
135,000
Issue of fully paid ordinary shares
6 April 2023
10,000,000
\u00a30.0025
25,000
Issue of fully paid ordinary shares
24 April 2023
27,325,171
\u00a30.0010
263,880
Placement of ordinary share capital
24 April 2023
25,000,000
\u00a30.0300
755,000
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Balance
31 August 2023
116,491,839
\u00a0
1,178,880
Issued ordinary shares as part of placement
30 November 2023
11,666,667
\u00a30.0300
350,000
Issued ordinary shares as part of placement
4 March 2024
3,731,250
\u00a30.1200
447,750
Issued ordinary shares as equity consideration
15 May 2024
2,000,000
\u00a30.1300
260,000
Issued ordinary shares for the exercise of warrants
3 July 2024
2,500,000
\u00a30.0100
25,000
Issued ordinary shares as part of placement to
\u00a0
\u00a0
\u00a0
\u00a0
acquire machines
20 September 2024
4,679,230
\u00a30.1300
608,300
Issued ordinary shares
6 December 2024
26,377,951
\u00a30.1527
4,027,908
Issued ordinary shares as part of warrants surrender
6 December 2024
75,909,257
\u00a30.1527
11,591,344
Issued ordinary shares as part of placement to
\u00a0
\u00a0
\u00a0
\u00a0
London Stock Exchange
10 January 2025
10,344,828
\u00a30.1450
1,500,000
Cost of Capital
\u00a0
-
\u00a30.0000
(287,546)
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Balance
28 February 2025
253,701,022
\u00a0
19,701,636
\u00a0
Ordinary shares
Ordinary shares entitle the holder to participate in dividends and the proceeds on the winding up of the Group in proportion to the number of and amounts paid on the shares held. The fully paid ordinary shares have no par value and the Group does not have a limited amount of authorised capital.
\u00a0
On a show of hands every member present at a meeting in person or by proxy shall have one vote and upon a poll each share shall have one vote.
\u00a0
Employee benefit trust
During the financial period, April 2024 26,377,951 ordinary shares were issued to the EBT. On the 6 December 2024, these ordinary shares were issued to David Lenigas 10,188,975, Jeremy Edelman 10,188,975 and Mr. Hewie Rattray 6,000,000. They were valued on the date they were received 6 December 2024.
\u00a0
Share buy-back
There is no current on-market share buy-back.
\u00a0
Capital risk management
The consolidated entity's objectives when managing capital is to safeguard its ability to continue as a going concern, so that it can provide returns for shareholders and benefits for other stakeholders and to maintain an optimum capital structure to reduce the cost of capital.
\u00a0
Capital is regarded as total equity, as recognised in the statement of financial position, plus net debt. Net debt is calculated as total borrowings less cash and cash equivalents.
\u00a0
To maintain or adjust the capital structure, the consolidated entity may adjust the amount of dividends paid to shareholders, return capital to shareholders, issue new shares or sell assets to reduce debt.
\u00a0
The consolidated entity would look to raise capital when an opportunity to invest in a business or Group was seen as value adding relative to the current Group's share price at the time of the investment. The consolidated entity is not actively pursuing additional investments in the short term as it continues to integrate and grow its existing businesses to maximise synergies.
The consolidated entity is subject to certain financing arrangements covenants and meeting these is given priority in all capital risk management decisions. There have been no events of default on the financing arrangements during the financial year.
", "dimensions": { "concept": "ifrs-full:DisclosureOfIssuedCapitalExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory_E124_CY": { "value": "
Note 17. Equity - issued capital
\u00a0
The issued share capital of the Group consists of ordinary shares, which carry full voting rights and entitlement to dividends (refer to note 22) and residual assets upon winding up. All issued shares are fully paid.
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Consolidated
\u00a0
\u00a0
\u00a0
28 February
\u00a0
31 August
\u00a0
28 February
\u00a0
31 August
\u00a0
2025 (18
\u00a0
2023 (12
\u00a0
2025 (18
\u00a0
2023 (12
\u00a0
month
\u00a0
month
\u00a0
month
\u00a0
month
\u00a0
period)
\u00a0
period)
\u00a0
period)
\u00a0
period)
\u00a0
Shares
\u00a0
Shares
\u00a0
\u00a3
\u00a0
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Ordinary shares - fully paid
253,701,022
\u00a0
116,491,839
\u00a0
19,701,636
\u00a0
1,178,880
\n
\u00a0
Movements in ordinary share capital
\u00a0
Details
Date
Shares
Issue price
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Balance
31 August 2022
1
\u00a30.0100
-
Issue of fully paid ordinary shares
27 March 2023
166,667
\u00a30.0300
5,000
Issue of fully paid ordinary shares
4 April 2023
54,000,000
\u00a30.0025
135,000
Issue of fully paid ordinary shares
6 April 2023
10,000,000
\u00a30.0025
25,000
Issue of fully paid ordinary shares
24 April 2023
27,325,171
\u00a30.0010
263,880
Placement of ordinary share capital
24 April 2023
25,000,000
\u00a30.0300
755,000
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Balance
31 August 2023
116,491,839
\u00a0
1,178,880
Issued ordinary shares as part of placement
30 November 2023
11,666,667
\u00a30.0300
350,000
Issued ordinary shares as part of placement
4 March 2024
3,731,250
\u00a30.1200
447,750
Issued ordinary shares as equity consideration
15 May 2024
2,000,000
\u00a30.1300
260,000
Issued ordinary shares for the exercise of warrants
3 July 2024
2,500,000
\u00a30.0100
25,000
Issued ordinary shares as part of placement to
\u00a0
\u00a0
\u00a0
\u00a0
acquire machines
20 September 2024
4,679,230
\u00a30.1300
608,300
Issued ordinary shares
6 December 2024
26,377,951
\u00a30.1527
4,027,908
Issued ordinary shares as part of warrants surrender
6 December 2024
75,909,257
\u00a30.1527
11,591,344
Issued ordinary shares as part of placement to
\u00a0
\u00a0
\u00a0
\u00a0
London Stock Exchange
10 January 2025
10,344,828
\u00a30.1450
1,500,000
Cost of Capital
\u00a0
-
\u00a30.0000
(287,546)
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Balance
28 February 2025
253,701,022
\u00a0
19,701,636
\u00a0
Ordinary shares
Ordinary shares entitle the holder to participate in dividends and the proceeds on the winding up of the Group in proportion to the number of and amounts paid on the shares held. The fully paid ordinary shares have no par value and the Group does not have a limited amount of authorised capital.
\u00a0
On a show of hands every member present at a meeting in person or by proxy shall have one vote and upon a poll each share shall have one vote.
\u00a0
Employee benefit trust
During the financial period, April 2024 26,377,951 ordinary shares were issued to the EBT. On the 6 December 2024, these ordinary shares were issued to David Lenigas 10,188,975, Jeremy Edelman 10,188,975 and Mr. Hewie Rattray 6,000,000. They were valued on the date they were received 6 December 2024.
\u00a0
Share buy-back
There is no current on-market share buy-back.
\u00a0
Capital risk management
The consolidated entity's objectives when managing capital is to safeguard its ability to continue as a going concern, so that it can provide returns for shareholders and benefits for other stakeholders and to maintain an optimum capital structure to reduce the cost of capital.
\u00a0
Capital is regarded as total equity, as recognised in the statement of financial position, plus net debt. Net debt is calculated as total borrowings less cash and cash equivalents.
\u00a0
To maintain or adjust the capital structure, the consolidated entity may adjust the amount of dividends paid to shareholders, return capital to shareholders, issue new shares or sell assets to reduce debt.
\u00a0
The consolidated entity would look to raise capital when an opportunity to invest in a business or Group was seen as value adding relative to the current Group's share price at the time of the investment. The consolidated entity is not actively pursuing additional investments in the short term as it continues to integrate and grow its existing businesses to maximise synergies.
\u00a0
\u00a0
\u00a0
\n
\u00a0
The consolidated entity is subject to certain financing arrangements covenants and meeting these is given priority in all capital risk management decisions. There have been no events of default on the financing arrangements during the financial year.
\u00a0
Note 18. Equity - share based payment reserve
\u00a0
Share-based payments reserve
\u00a0
The reserve is used to recognise the value of equity benefits provided to employees and directors as part of their remuneration, and other parties as part of their compensation for services.
\u00a0
\u00a0
Consolidated
\u00a0
28 February
\u00a0
31 August
\u00a0
2025 (18
\u00a0
2023 (12
\u00a0
month
\u00a0
month
\u00a0
period)
\u00a0
period)
\u00a0
\u00a3
\u00a0
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
Share-based payments reserve
-
\u00a0
1,939,170
\u00a0
\u00a0
Number of
\u00a0
Number of
\u00a0
\u00a0
options and
\u00a0
options and
\u00a0
\u00a0
warrants
\u00a0
warrants
\u00a0
\u00a0
2025
\u00a0
2023
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Outstanding at the beginning of the financial period
75,000,000
\u00a30.03
-
\u00a30.03
Issued options
-
\u00a30.00
50,000,000
\u00a30.03
Issued warrants
3,409,257
\u00a30.03
25,000,000
\u00a30.03
Exercised warrants
(2,500,000)
\u00a30.01
-
\u00a30.00
Options surrendered
(50,000,000)
\u00a30.03
-
\u00a30.00
Warrants surrendered
(25,909,257)
\u00a30.03
-
\u00a30.00
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Outstanding at the end of the financial period
-
\u00a0
75,000,000
\u00a0
\u00a0
\u00a0
\u00a0
Exercise
Balance at
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Expired/
\u00a0
Balance at
Grant date
Expiry date
price
the start of
\u00a0
Granted
\u00a0
Exercised
\u00a0
forfeited/
\u00a0
the end of
\u00a0
\u00a0
\u00a0
the period
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
other
\u00a0
the period
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
24/04/2023
24/04/2028
\u00a30.01
25,000,000
\u00a0
3,409,257
\u00a0
(2,500,000)
\u00a0
(25,909,257)
\u00a0
-
24/04/2023
24/04/2028
\u00a30.01
50,000,000
\u00a0
-
\u00a0
-
\u00a0
(50,000,000)
\u00a0
-
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
75,000,000
\u00a0
3,409,257
\u00a0
(2,500,000)
\u00a0
(75,909,257)
\u00a0
-
\u00a0
During the current financial period, the following options and warrants were granted, exercised and forfeited.
\u00a0
\u25cf
During the current period, David Lenigas forfeited 25,000,000 options. In exchange David Lenigas received 25,000,000 ordinary shares as part of the settlement to listing on the London Stock Exchange.
\u25cf
During the current period, Jeremy Edelman forfeited 25,000,000 options. In exchange Jeremy Edelman received 25,000,000 ordinary shares as part of the settlement to listing on the London Stock Exchange.
\u25cf
During the current period, First Sentinel Corporate Finance Ltd exercised 2,500,000 warrants. Prior to admission on the London Stock Exchange, First Sentinel Corporate Finance forfeited 7,500,000 warrants. In exchange First Sentinel Corporate Finance received 7,500,000 ordinary shares as part of the settlement to listing on the London Stock Exchange.
\u25cf
During the period, Clear Capital Markets were granted 2,409,257 warrants and 1,000,000 to other consultants. Prior to admission on the London Stock Exchange, Clear Capital Markets forfeited 17,409,257 and other consultants forfeited 1,000,000 warrants.
\u00a0
Conversion of Warrants and Options
\u00a0
\u00a0
\u00a0
\n
\u00a0
During the period, all outstanding warrants and share options were exercised and converted into ordinary shares. As a result, there are no outstanding warrants or options remaining at the reporting date. The conversion increased the issued share capital, depending on the nominal value of the instruments exercised.
\u00a0
Note 19. Equity - revaluation reserve
\u00a0
Reserves represent the cumulative and other equity components of the Group that arise from various transactions and accounting treatments under IFRS. The following reserves are maintained by the Group:
\u00a0
Revaluation Reserve
The revaluation reserve includes unrealised gains or losses arising from the revaluation of intangible assets (e.g., cryptocurrencies), where the revaluation model has been applied in accordance with IAS 38. Gains are recognised in Other Comprehensive Income (OCI) and accumulated in this reserve, except to the extent they reverse previously recognised losses through profit or loss.
\u00a0
This reserve is not distributable and may be transferred to retained earnings upon disposal or derecognition of the revalued asset.
\u00a0
Other Reserves
This include equity-settled share-based payment reserves, each with specific IFRS disclosure requirements.
\u00a0
\u00a0
Consolidated
\u00a0
28 February
\u00a0
31 August
\u00a0
2025 (18
\u00a0
2023 (12
\u00a0
month
\u00a0
month
\u00a0
period)
\u00a0
period)
\u00a0
\u00a3
\u00a0
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
Revaluation surplus reserve
176,784
\u00a0
-
\u00a0
Revaluation surplus reserve
\u00a0
Movements in reserves
Movements in each class of reserve during the current and previous financial year are set out below:
\u00a0
\u00a0
Revaluation
\u00a0
\u00a0
\u00a0
surplus
\u00a0
Total
Consolidated
\u00a3
\u00a0
\u00a3
Balance at 1 September 2022
-
\u00a0
-
\u00a0
\u00a0
\u00a0
\u00a0
Balance at 31 August 2023
-
\u00a0
-
Revaluation surplus through OCI
176,784
\u00a0
176,784
\u00a0
\u00a0
\u00a0
\u00a0
Balance at 28 February 2025
176,784
\u00a0
176,784
\u00a0
Note 20. Equity - accumulated losses
\u00a0
Accumulated losses represent the cumulative net losses of the Group that have not been offset by profits or capital contributions. These losses arise from operations and other comprehensive income and reflect the retained deficit at the reporting date.
\u00a0
\u00a0
\u00a0
\u00a0
Consolidated
\u00a0
28 February
\u00a0
31 August
\u00a0
2025 (18
\u00a0
2023 (12
\u00a0
month
\u00a0
month
\u00a0
period)
\u00a0
period)
\u00a0
\u00a3
\u00a0
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
Accumulated losses at the beginning of the financial year
(2,546,061)
\u00a0
(38,000)
Loss after income tax benefit for the year
(15,594,460)
\u00a0
(2,508,061)
Transfer from warrant reserve
67,774
\u00a0
-
\u00a0
\u00a0
\u00a0
\u00a0
Accumulated losses at the end of the financial year
(18,072,747)
\u00a0
(2,546,061)
\u00a0
Note 21. Equity - dividends
\u00a0
There were no dividends paid, recommended or declared during the current or previous financial period.
", "dimensions": { "concept": "ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory_E125_CY": { "value": "
Note 18. Equity - share based payment reserve
\u00a0
Share-based payments reserve
\u00a0
The reserve is used to recognise the value of equity benefits provided to employees and directors as part of their remuneration, and other parties as part of their compensation for services.
\u00a0
\u00a0
Consolidated
\u00a0
28 February
\u00a0
31 August
\u00a0
2025 (18
\u00a0
2023 (12
\u00a0
month
\u00a0
month
\u00a0
period)
\u00a0
period)
\u00a0
\u00a3
\u00a0
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
Share-based payments reserve
-
\u00a0
1,939,170
\u00a0
\u00a0
Number of
\u00a0
Number of
\u00a0
\u00a0
options and
\u00a0
options and
\u00a0
\u00a0
warrants
\u00a0
warrants
\u00a0
\u00a0
2025
\u00a0
2023
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Outstanding at the beginning of the financial period
75,000,000
\u00a30.03
-
\u00a30.03
Issued options
-
\u00a30.00
50,000,000
\u00a30.03
Issued warrants
3,409,257
\u00a30.03
25,000,000
\u00a30.03
Exercised warrants
(2,500,000)
\u00a30.01
-
\u00a30.00
Options surrendered
(50,000,000)
\u00a30.03
-
\u00a30.00
Warrants surrendered
(25,909,257)
\u00a30.03
-
\u00a30.00
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Outstanding at the end of the financial period
-
\u00a0
75,000,000
\u00a0
\u00a0
\u00a0
\u00a0
Exercise
Balance at
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Expired/
\u00a0
Balance at
Grant date
Expiry date
price
the start of
\u00a0
Granted
\u00a0
Exercised
\u00a0
forfeited/
\u00a0
the end of
\u00a0
\u00a0
\u00a0
the period
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
other
\u00a0
the period
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
24/04/2023
24/04/2028
\u00a30.01
25,000,000
\u00a0
3,409,257
\u00a0
(2,500,000)
\u00a0
(25,909,257)
\u00a0
-
24/04/2023
24/04/2028
\u00a30.01
50,000,000
\u00a0
-
\u00a0
-
\u00a0
(50,000,000)
\u00a0
-
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
75,000,000
\u00a0
3,409,257
\u00a0
(2,500,000)
\u00a0
(75,909,257)
\u00a0
-
\u00a0
During the current financial period, the following options and warrants were granted, exercised and forfeited.
\u00a0
\u25cf
During the current period, David Lenigas forfeited 25,000,000 options. In exchange David Lenigas received 25,000,000 ordinary shares as part of the settlement to listing on the London Stock Exchange.
\u25cf
During the current period, Jeremy Edelman forfeited 25,000,000 options. In exchange Jeremy Edelman received 25,000,000 ordinary shares as part of the settlement to listing on the London Stock Exchange.
\u25cf
During the current period, First Sentinel Corporate Finance Ltd exercised 2,500,000 warrants. Prior to admission on the London Stock Exchange, First Sentinel Corporate Finance forfeited 7,500,000 warrants. In exchange First Sentinel Corporate Finance received 7,500,000 ordinary shares as part of the settlement to listing on the London Stock Exchange.
\u25cf
During the period, Clear Capital Markets were granted 2,409,257 warrants and 1,000,000 to other consultants. Prior to admission on the London Stock Exchange, Clear Capital Markets forfeited 17,409,257 and other consultants forfeited 1,000,000 warrants.
\u00a0
Conversion of Warrants and Options
During the period, all outstanding warrants and share options were exercised and converted into ordinary shares. As a result, there are no outstanding warrants or options remaining at the reporting date. The conversion increased the issued share capital, depending on the nominal value of the instruments exercised.
", "dimensions": { "concept": "ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DisclosureOfReservesAndOtherEquityInterestExplanatory_E118_CY": { "value": "
Note 19. Equity - revaluation reserve
\u00a0
Reserves represent the cumulative and other equity components of the Group that arise from various transactions and accounting treatments under IFRS. The following reserves are maintained by the Group:
\u00a0
Revaluation Reserve
The revaluation reserve includes unrealised gains or losses arising from the revaluation of intangible assets (e.g., cryptocurrencies), where the revaluation model has been applied in accordance with IAS 38. Gains are recognised in Other Comprehensive Income (OCI) and accumulated in this reserve, except to the extent they reverse previously recognised losses through profit or loss.
\u00a0
This reserve is not distributable and may be transferred to retained earnings upon disposal or derecognition of the revalued asset.
\u00a0
Other Reserves
This include equity-settled share-based payment reserves, each with specific IFRS disclosure requirements.
\u00a0
\u00a0
Consolidated
\u00a0
28 February
\u00a0
31 August
\u00a0
2025 (18
\u00a0
2023 (12
\u00a0
month
\u00a0
month
\u00a0
period)
\u00a0
period)
\u00a0
\u00a3
\u00a0
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
Revaluation surplus reserve
176,784
\u00a0
-
\u00a0
Revaluation surplus reserve
\u00a0
Movements in reserves
Movements in each class of reserve during the current and previous financial year are set out below:
\u00a0
\u00a0
Revaluation
\u00a0
\u00a0
\u00a0
surplus
\u00a0
Total
Consolidated
\u00a3
\u00a0
\u00a3
Balance at 1 September 2022
-
\u00a0
-
\u00a0
\u00a0
\u00a0
\u00a0
Balance at 31 August 2023
-
\u00a0
-
Revaluation surplus through OCI
176,784
\u00a0
176,784
\u00a0
\u00a0
\u00a0
\u00a0
Balance at 28 February 2025
176,784
\u00a0
176,784
\u00a0
Note 20. Equity - accumulated losses
\u00a0
Accumulated losses represent the cumulative net losses of the Group that have not been offset by profits or capital contributions. These losses arise from operations and other comprehensive income and reflect the retained deficit at the reporting date.
\u00a0
Consolidated
\u00a0
28 February
\u00a0
31 August
\u00a0
2025 (18
\u00a0
2023 (12
\u00a0
month
\u00a0
month
\u00a0
period)
\u00a0
period)
\u00a0
\u00a3
\u00a0
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
Accumulated losses at the beginning of the financial year
(2,546,061)
\u00a0
(38,000)
Loss after income tax benefit for the year
(15,594,460)
\u00a0
(2,508,061)
Transfer from warrant reserve
67,774
\u00a0
-
\u00a0
\u00a0
\u00a0
\u00a0
Accumulated losses at the end of the financial year
(18,072,747)
\u00a0
(2,546,061)
\u00a0
Note 21. Equity - dividends
\u00a0
There were no dividends paid, recommended or declared during the current or previous financial period.
", "dimensions": { "concept": "ifrs-full:DisclosureOfReservesAndOtherEquityInterestExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DisclosureOfDividendsExplanatory_E37_CY": { "value": "
Note 21. Equity - dividends
\u00a0
There were no dividends paid, recommended or declared during the current or previous financial period.
", "dimensions": { "concept": "ifrs-full:DisclosureOfDividendsExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DisclosureOfFinancialInstrumentsExplanatory_E53_CY": { "value": "
Note 22. Financial instruments
\u00a0
Financial risk management objectives
The consolidated entity's activities expose it to a variety of financial risks: market risk (including foreign currency risk), and liquidity risk. The consolidated entity's overall risk management program focuses on the unpredictability of financial markets and seeks to minimise potential adverse effects on the financial performance of the consolidated entity.
\u00a0
Risk management is carried out by finance director ('finance') under policies approved by the Board of Directors ('the Board'). These policies include identification and analysis of the risk exposure of the consolidated entity and appropriate procedures, controls and risk limits. Finance identifies, evaluates financial risks within the consolidated entity's operating units. Finance reports to the Board on a monthly basis.
\u00a0
Market risk
\u00a0
Foreign currency risk
\u00a0
The consolidated entity undertakes certain transactions denominated in foreign currency and is exposed to foreign currency risk through foreign exchange rate fluctuations.
\u00a0
Foreign exchange risk arises from future commercial transactions and recognised financial assets and financial liabilities denominated in a currency that is not the entity's functional currency. The risk is measured using sensitivity analysis and cash flow forecasting.
\u00a0
The average exchange rates and reporting date exchange rates applied were as follows:
\u00a0
\u00a0
\u00a0
\u00a0
Reporting date exchange
\u00a0
Average exchange rates
rates
\u00a0
28 February
31 August
28 February
31 August
\u00a0
2025 (18
2023 (12
2025 (18
2023 (12
\u00a0
month
month
month
month
\u00a0
period)
period)
period)
period)
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Pound sterling
\u00a0
\u00a0
\u00a0
\u00a0
Australian dollar
1.8734
1.8736
2.0261
1.9542
Canadian dollar
1.6790
1.6076
1.8186
1.7120
Euro
1.1495
1.1495
1.2115
1.1688
United States dollar
1.2440
1.2440
1.2575
1.2673
\u00a0
Price risk
The consolidated entity is not exposed to any significant price risk.
The consolidated entity manages liquidity risk by maintaining adequate cash reserves by continuously monitoring actual and forecast cash flows and matching the maturity profiles of financial assets and liabilities.
\u00a0
Fair value of financial instruments
Unless otherwise stated, the carrying amounts of financial instruments reflect their fair value.
", "dimensions": { "concept": "ifrs-full:DisclosureOfFinancialInstrumentsExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DisclosureOfFinancialRiskManagementExplanatory_E58_CY": { "value": "
Financial risk management objectives
The consolidated entity's activities expose it to a variety of financial risks: market risk (including foreign currency risk), and liquidity risk. The consolidated entity's overall risk management program focuses on the unpredictability of financial markets and seeks to minimise potential adverse effects on the financial performance of the consolidated entity.
\u00a0
Risk management is carried out by finance director ('finance') under policies approved by the Board of Directors ('the Board'). These policies include identification and analysis of the risk exposure of the consolidated entity and appropriate procedures, controls and risk limits. Finance identifies, evaluates financial risks within the consolidated entity's operating units. Finance reports to the Board on a monthly basis.
\u00a0
Market risk
\u00a0
Foreign currency risk
\u00a0
The consolidated entity undertakes certain transactions denominated in foreign currency and is exposed to foreign currency risk through foreign exchange rate fluctuations.
\u00a0
Foreign exchange risk arises from future commercial transactions and recognised financial assets and financial liabilities denominated in a currency that is not the entity's functional currency. The risk is measured using sensitivity analysis and cash flow forecasting.
\u00a0
The average exchange rates and reporting date exchange rates applied were as follows:
\u00a0
\u00a0
\u00a0
\u00a0
Reporting date exchange
\u00a0
Average exchange rates
rates
\u00a0
28 February
31 August
28 February
31 August
\u00a0
2025 (18
2023 (12
2025 (18
2023 (12
\u00a0
month
month
month
month
\u00a0
period)
period)
period)
period)
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Pound sterling
\u00a0
\u00a0
\u00a0
\u00a0
Australian dollar
1.8734
1.8736
2.0261
1.9542
Canadian dollar
1.6790
1.6076
1.8186
1.7120
Euro
1.1495
1.1495
1.2115
1.1688
United States dollar
1.2440
1.2440
1.2575
1.2673
\u00a0
Price risk
The consolidated entity is not exposed to any significant price risk.
Liquidity risk
The consolidated entity manages liquidity risk by maintaining adequate cash reserves by continuously monitoring actual and forecast cash flows and matching the maturity profiles of financial assets and liabilities.
", "dimensions": { "concept": "ifrs-full:DisclosureOfFinancialRiskManagementExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DisclosureOfMarketRiskExplanatory_E91_CY": { "value": "
Market risk
\u00a0
Foreign currency risk
\u00a0
The consolidated entity undertakes certain transactions denominated in foreign currency and is exposed to foreign currency risk through foreign exchange rate fluctuations.
\u00a0
Foreign exchange risk arises from future commercial transactions and recognised financial assets and financial liabilities denominated in a currency that is not the entity's functional currency. The risk is measured using sensitivity analysis and cash flow forecasting.
\u00a0
The average exchange rates and reporting date exchange rates applied were as follows:
\u00a0
\u00a0
\u00a0
\u00a0
Reporting date exchange
\u00a0
Average exchange rates
rates
\u00a0
28 February
31 August
28 February
31 August
\u00a0
2025 (18
2023 (12
2025 (18
2023 (12
\u00a0
month
month
month
month
\u00a0
period)
period)
period)
period)
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Pound sterling
\u00a0
\u00a0
\u00a0
\u00a0
Australian dollar
1.8734
1.8736
2.0261
1.9542
Canadian dollar
1.6790
1.6076
1.8186
1.7120
Euro
1.1495
1.1495
1.2115
1.1688
United States dollar
1.2440
1.2440
1.2575
1.2673
", "dimensions": { "concept": "ifrs-full:DisclosureOfMarketRiskExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DisclosureOfLiquidityRiskExplanatory_E88_CY": { "value": "
Liquidity risk
The consolidated entity manages liquidity risk by maintaining adequate cash reserves by continuously monitoring actual and forecast cash flows and matching the maturity profiles of financial assets and liabilities.
", "dimensions": { "concept": "ifrs-full:DisclosureOfLiquidityRiskExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DisclosureOfFairValueOfFinancialInstrumentsExplanatory_E47_CY": { "value": "
Note 23. Fair Value Measurement of Intangible Assets (IFRS 13 Disclosure)
\u00a0
The Group applies IFRS 13 Fair Value Measurement in determining and disclosing the fair value of its revalued intangible assets, namely Bitcoin and Tokenomic tokens. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.
\u00a0
Valuation Techniques
The fair values of the Group's digital assets are determined using the market approach, which uses prices and other relevant information generated by market transactions involving identical or comparable assets. The primary input for valuation is the quoted price on active cryptocurrency exchanges at the reporting date.
\u00a0
The following tables detail the consolidated entity's assets and liabilities, measured or disclosed at fair value, using a three level hierarchy, based on the lowest level of input that is significant to the entire fair value measurement, being:
Level 1: Quoted prices (unadjusted) in active markets for identical assets or liabilities that the entity can access at the measurement date
Level 2: Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly
Level 3: Unobservable inputs for the asset or liability
\u00a0
Fair Value Hierarchy
\u00a0
At the reporting date, the fair value measurements of the Group's intangible digital assets fall within the following levels of the IFRS 13 fair value hierarchy:
\u00a0
\u00a0
\u00a0
Level 1
\u00a0
Level 2
\u00a0
Level 3
\u00a0
Total
Consolidated - 28 February 2025 (18 month period)
\u00a3
\u00a0
\u00a3
\u00a0
\u00a3
\u00a0
\u00a3
Assets
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Bitcoin
396,977
\u00a0
-
\u00a0
-
\u00a0
396,977
Tokenomic
-
\u00a0
1,977
\u00a0
-
\u00a0
1,977
Total assets
396,977
\u00a0
1,977
\u00a0
-
\u00a0
398,954
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Level 1
\u00a0
Level 2
\u00a0
Level 3
\u00a0
Total
Consolidated - 31 August 2023 (12 month period)
\u00a3
\u00a0
\u00a3
\u00a0
\u00a3
\u00a0
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Assets
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Bitcoin
146,959
\u00a0
-
\u00a0
-
\u00a0
146,959
Total assets
146,959
\u00a0
-
\u00a0
-
\u00a0
146,959
\u00a0
There were no transfers between levels during the financial year.
\u00a0
Level 3 assets and liabilities
Valuation Process
\u00a0
Fair value measurements are performed at each reporting date using closing prices from a selection of reputable and active cryptocurrency exchanges. In cases where tokens are thinly traded or subject to vesting, lock-up periods, or limited transferability, appropriate discounts are applied based on observable market data and internal valuation models.
\u00a0
Sensitivity to Changes in Fair Value
Due to the volatility in digital asset markets, the fair value of Bitcoin and Tokenomic holdings is subject to material fluctuations. A 10% movement in market prices would result in the following changes in total fair value:
\u00a0
\u00a0
+10% Change
\u00a0
-10% Change
Asset Type
(\u00a3)
\u00a0
(\u00a3)
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Bitcoin
436,675
\u00a0
357,279
Tokenomic Tokens
2,175
\u00a0
1,779
\u00a0
\u00a0
\u00a0
\u00a0
Total Impact
438,850
\u00a0
359,058
\u00a0
The Group continuously monitors market developments and reassesses classification within the fair value hierarchy as conditions evolve.
", "dimensions": { "concept": "ifrs-full:DisclosureOfFairValueOfFinancialInstrumentsExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DisclosureOfFairValueMeasurementExplanatory_E46_CY": { "value": "
Note 23. Fair Value Measurement of Intangible Assets (IFRS 13 Disclosure)
\u00a0
The Group applies IFRS 13 Fair Value Measurement in determining and disclosing the fair value of its revalued intangible assets, namely Bitcoin and Tokenomic tokens. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.
\u00a0
Valuation Techniques
The fair values of the Group's digital assets are determined using the market approach, which uses prices and other relevant information generated by market transactions involving identical or comparable assets. The primary input for valuation is the quoted price on active cryptocurrency exchanges at the reporting date.
\u00a0
The following tables detail the consolidated entity's assets and liabilities, measured or disclosed at fair value, using a three level hierarchy, based on the lowest level of input that is significant to the entire fair value measurement, being:
Level 1: Quoted prices (unadjusted) in active markets for identical assets or liabilities that the entity can access at the measurement date
Level 2: Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly
Level 3: Unobservable inputs for the asset or liability
\u00a0
Fair Value Hierarchy
\u00a0
At the reporting date, the fair value measurements of the Group's intangible digital assets fall within the following levels of the IFRS 13 fair value hierarchy:
\u00a0
\u00a0
\u00a0
Level 1
\u00a0
Level 2
\u00a0
Level 3
\u00a0
Total
Consolidated - 28 February 2025 (18 month period)
\u00a3
\u00a0
\u00a3
\u00a0
\u00a3
\u00a0
\u00a3
Assets
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Bitcoin
396,977
\u00a0
-
\u00a0
-
\u00a0
396,977
Tokenomic
-
\u00a0
1,977
\u00a0
-
\u00a0
1,977
Total assets
396,977
\u00a0
1,977
\u00a0
-
\u00a0
398,954
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Level 1
\u00a0
Level 2
\u00a0
Level 3
\u00a0
Total
Consolidated - 31 August 2023 (12 month period)
\u00a3
\u00a0
\u00a3
\u00a0
\u00a3
\u00a0
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Assets
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Bitcoin
146,959
\u00a0
-
\u00a0
-
\u00a0
146,959
Total assets
146,959
\u00a0
-
\u00a0
-
\u00a0
146,959
\u00a0
There were no transfers between levels during the financial year.
\u00a0
Level 3 assets and liabilities
Valuation Process
\u00a0
Fair value measurements are performed at each reporting date using closing prices from a selection of reputable and active cryptocurrency exchanges. In cases where tokens are thinly traded or subject to vesting, lock-up periods, or limited transferability, appropriate discounts are applied based on observable market data and internal valuation models.
\u00a0
Sensitivity to Changes in Fair Value
Due to the volatility in digital asset markets, the fair value of Bitcoin and Tokenomic holdings is subject to material fluctuations. A 10% movement in market prices would result in the following changes in total fair value:
\u00a0
\u00a0
+10% Change
\u00a0
-10% Change
Asset Type
(\u00a3)
\u00a0
(\u00a3)
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Bitcoin
436,675
\u00a0
357,279
Tokenomic Tokens
2,175
\u00a0
1,779
\u00a0
\u00a0
\u00a0
\u00a0
Total Impact
438,850
\u00a0
359,058
\u00a0
The Group continuously monitors market developments and reassesses classification within the fair value hierarchy as conditions evolve.
", "dimensions": { "concept": "ifrs-full:DisclosureOfFairValueMeasurementExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DisclosureOfInformationAboutKeyManagementPersonnelExplanatory_E69_CY": { "value": "
Note 24. Key management personnel disclosures
\u00a0
Compensation
The aggregate compensation made to directors and other members of key management personnel of the consolidated entity is set out below:
\u00a0
\u00a0
Consolidated
\u00a0
28 February
\u00a0
31 August
\u00a0
2025 (18
\u00a0
2023 (12
\u00a0
month
\u00a0
month
\u00a0
period)
\u00a0
period)
\u00a0
\u00a3
\u00a0
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
Short-term employee benefits
292,663
\u00a0
40,667
Share-based payments
9,453,933
\u00a0
1,292,780
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
9,746,596
\u00a0
1,333,447
\u00a0
\u25cf
During the period the 18 months the directors received cash payment of \u00a3160,663.
\u25cf
During the period the 18 months the directors received BTC payment to the value of \u00a3132,000.
\u25cf
During the period David Lenigas and Jeremy Edelman forfeited a total of 50,000,000 options valued at \u00a31,292,780 and in exchange received ordinary shares 1:1 for the forfeited options and in addition each received 10,188,975 ordinary shares for \u00a35,373,357.
", "dimensions": { "concept": "ifrs-full:DisclosureOfInformationAboutKeyManagementPersonnelExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DisclosureOfAuditorsRemunerationExplanatory_E7_CY": { "value": "
Note 25. Auditor remuneration
\u00a0
During the financial year the following fees were paid or payable for services provided by PKF Littlejohn LLP \u00a377,000 and Pointon Young Chartered Accountants \u00a37,131 (31 August 2023 (12 month period): Pointon Young Chartered Accountants \u00a318,000), the auditor of the Group, and its associates:
\u00a0
\u00a0
Consolidated
\u00a0
28 February
\u00a0
31 August
\u00a0
2025 (18
\u00a0
2023 (12
\u00a0
month
\u00a0
month
\u00a0
period)
\u00a0
period)
\u00a0
\u00a3
\u00a0
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
Audit services
\u00a0
\u00a0
\u00a0
Audit or review of the financial statements
84,131
\u00a0
18,000
", "dimensions": { "concept": "ifrs-full:DisclosureOfAuditorsRemunerationExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DisclosureOfRelatedPartyExplanatory_E115_CY": { "value": "
Note 26. Related party transactions
\u00a0
Parent entity
Vinanz Limited is the parent entity and the ultimate controlling party.
\u00a0
Key management personnel
Disclosures relating to key management personnel are set out in note 25.
\u00a0
Transactions with related parties
The following transactions occurred with related parties:
\u00a0
The following balances are outstanding at the reporting date in relation to transactions with related parties:
\u00a0
Loans to/from related parties
The following balances are outstanding at the reporting date in relation to loans with related parties:
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Consolidated
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
28 February
\u00a0
31 August
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
2025 (18
\u00a0
2023 (12
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
month
\u00a0
month
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
period)
\u00a0
period)
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a3
\u00a0
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Current borrowings:
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Loan from key management personnel
\u00a0
\u00a0
\u00a0
\u00a0
2,730
\u00a0
2,678
\u00a0
The Group entered into the following transactions with related parties during the year. Related parties include directors and other individuals with significant influence over the Group.
\u00a0
\u00a0
Opening
\u00a0
Loan
\u00a0
Loan
\u00a0
Closing
Related Party
Balance
\u00a0
Advanced
\u00a0
Repayment
\u00a0
Balance
\u00a0
\u00a3
\u00a0
\u00a3
\u00a0
\u00a3
\u00a0
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
David Lenigas
-
\u00a0
50
\u00a0
-
\u00a0
50
Jeremy Edelman
2,678
\u00a0
2
\u00a0
-
\u00a0
2,680
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
2,678
\u00a0
52
\u00a0
-
\u00a0
2,730
\u00a0
The loans are unsecured, interest-free, and repayable on demand, with no fixed repayment schedule. No guarantees have been provided or received in respect of these balances.
\u00a0
There were no other material related party transactions during the year outside of the above.
\u00a0
Terms and conditions
All transactions were made on normal commercial terms and conditions and at market rates.
", "dimensions": { "concept": "ifrs-full:DisclosureOfRelatedPartyExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory_E42_CY": { "value": "
Note 27. \u2003 Events after the reporting period
\u00a0
Subsequent to year end the Group appointed a Financial Director and a Chief executive Officer. In addition it raised $4 million in 2 tranches of $2 million each by way of Convertible Loan Notes. These funds were used primarily to acquire Bitcoin.
\u00a0
On 22 May 2025, the Group announced that it intended to issue and allot 50,740,204 ordinary shares in the Group to the EBT (\"EBT Shares\") at nominal value, as advised in the Prospectus. These EBT shares are expected to be admitted for trading on 28 May 2025. The EBT Shares will be issued fully paid and will rank pari passu in all respects with the Group's existing Ordinary Shares. Following Admission, the total number of Ordinary Shares in the capital of the Group will be 304,441,226 with voting rights.
\u00a0
No other matter or circumstance has arisen since 28 February 2025 that has significantly affected, or may significantly affect the consolidated entity's operations, the results of those operations, or the consolidated entity's state of affairs in future financial years.
", "dimensions": { "concept": "ifrs-full:DisclosureOfEventsAfterReportingPeriodExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } }, "fact_ifrs-full_DisclosureOfEarningsPerShareExplanatory_E38_CY": { "value": "
Note 28. Earnings per share
\u00a0
\u00a0
Consolidated
\u00a0
28 February
\u00a0
31 August
\u00a0
2025 (18
\u00a0
2023 (12
\u00a0
month
\u00a0
month
\u00a0
period)
\u00a0
period)
\u00a0
\u00a3
\u00a0
\u00a3
\u00a0
\u00a0
\u00a0
\u00a0
Earnings per share for loss from continuing operations
\u00a0
\u00a0
\u00a0
Loss after income tax attributable to the owners of Vinanz Limited
(15,594,460)
\u00a0
(2,508,061)
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Number
\u00a0
Number
\u00a0
\u00a0
\u00a0
\u00a0
Weighted average number of ordinary shares used in calculating basic earnings per share
62,243,235
\u00a0
44,955,086
Adjustments for calculation of diluted earnings per share:
\u00a0
\u00a0
\u00a0
Options over ordinary shares
-
\u00a0
75,000,000
\u00a0
\u00a0
\u00a0
\u00a0
Weighted average number of ordinary shares used in calculating diluted earnings per share
62,243,235
\u00a0
119,955,086
\u00a0
\u00a0
\u00a0
\u00a0
\u00a0
Pence
\u00a0
Pence
\u00a0
\u00a0
\u00a0
\u00a0
Basic earnings per share
(25.05)
\u00a0
(5.58)
Diluted earnings per share
(25.05)
\u00a0
(5.58)
", "dimensions": { "concept": "ifrs-full:DisclosureOfEarningsPerShareExplanatory", "language": "en", "entity": "scheme:9845006607892CED8456", "period": "2023-09-01T00:00:00/2025-03-01T00:00:00" } } } }