IRIS Accounts Production v25.2.0.378 SC383838 Board of Directors 1.1.24 31.12.24 31.12.24 0 0 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC383838 2023-12-31 SC383838 2024-12-31 SC383838 2024-01-01 2024-12-31 SC383838 2022-12-31 SC383838 2023-01-01 2023-12-31 SC383838 2023-12-31 SC383838 ns15:Scotland 2024-01-01 2024-12-31 SC383838 ns14:PoundSterling 2024-01-01 2024-12-31 SC383838 ns10:Director1 2024-01-01 2024-12-31 SC383838 ns10:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 SC383838 ns10:SmallEntities 2024-01-01 2024-12-31 SC383838 ns10:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 SC383838 ns10:SmallCompaniesRegimeForDirectorsReport 2024-01-01 2024-12-31 SC383838 ns10:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 SC383838 ns10:FullAccounts 2024-01-01 2024-12-31 SC383838 ns10:OrdinaryShareClass1 2024-01-01 2024-12-31 SC383838 ns10:OrdinaryShareClass2 2024-01-01 2024-12-31 SC383838 ns10:Director2 2024-01-01 2024-12-31 SC383838 ns10:CompanySecretary1 2024-01-01 2024-12-31 SC383838 ns10:RegisteredOffice 2024-01-01 2024-12-31 SC383838 ns5:CurrentFinancialInstruments 2024-12-31 SC383838 ns5:CurrentFinancialInstruments 2023-12-31 SC383838 ns5:ShareCapital 2024-12-31 SC383838 ns5:ShareCapital 2023-12-31 SC383838 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 SC383838 ns5:RetainedEarningsAccumulatedLosses 2023-12-31 SC383838 1 2024-01-01 2024-12-31 SC383838 ns5:CostValuation 2023-12-31 SC383838 ns5:AdditionsToInvestments 2024-12-31 SC383838 ns5:CostValuation 2024-12-31 SC383838 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 SC383838 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2023-12-31 SC383838 ns10:OrdinaryShareClass1 2024-12-31 SC383838 ns10:OrdinaryShareClass2 2024-12-31

REGISTERED NUMBER: SC383838 (Scotland)

| SSPC Investments Limited |

| Unaudited Financial Statements |

| for the Year Ended 31 December 2024 |

| SSPC Investments Limited (Registered number: SC383838) |

Contents of the Financial Statements

for the Year Ended 31 December 2024

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| SSPC Investments Limited |

Company Information

for the Year Ended 31 December 2024

| DIRECTORS: | S G Sheridan

| V J Sheridan

| SECRETARY: | Whitelaw Wells

| REGISTERED OFFICE: | 9 Ainslie place

| Edinburgh

| EH3 6AT

| REGISTERED NUMBER: | SC383838 (Scotland)

| ACCOUNTANTS: | Whitelaw Wells

| 9 Ainslie Place

| Edinburgh

| Midlothian

| EH3 6AT

| BANKERS: | Bank of Scotland

| Leith Walk

| PO Box 17235

| Edinburgh

| EH11 1YH

| SSPC Investments Limited (Registered number: SC383838) |

Balance Sheet

31 December 2024

| 2024 | 2023 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investments | 4 | 83,688 |  | 34,774 |  |

CURRENT ASSETS

Debtors | 5 | 2,791,993 |  | 2,439,152 |  |

Cash at bank | 80,628 |  | 458,386 |  |

2,872,621 |  | 2,897,538 |  |

CREDITORS

Amounts falling due within one year | 6 | 25,167 |  | 25,167 |  |

NET CURRENT ASSETS | 2,847,454 |  | 2,872,371 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,931,142 |  | 2,907,145 |  |

CAPITAL AND RESERVES

Called up share capital | 7 | 4 |  | 4 |  |

Retained earnings | 2,931,138 |  | 2,907,141 |  |

SHAREHOLDERS' FUNDS | 2,931,142 |  | 2,907,145 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

| SSPC Investments Limited (Registered number: SC383838) |

Balance Sheet - continued

31 December 2024

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 May 2025 and were signed on its behalf by:

S G Sheridan - Director

| SSPC Investments Limited (Registered number: SC383838) |

Notes to the Financial Statements

for the Year Ended 31 December 2024

1. | STATUTORY INFORMATION

| SSPC Investments Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| The directors going concern assessment covers a period of at least 12 months from the date of signing of these financial statements.

| Critical accounting judgements and key sources of estimation uncertainty

| In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

| In the directors' judgement there are no critical judgements and estimates which require to be disclosed for a proper understanding of these accounts. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| SSPC Investments Limited (Registered number: SC383838) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

2. | ACCOUNTING POLICIES - continued

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

| Fixed asset investments

| Fixed asset investments are shareholdings in other limited companies and are recognised at cost.

| Financial instruments

| The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

| All loans with related parties are all repayable on demand.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was NIL (2023 - NIL).

4. | FIXED ASSET INVESTMENTS

| Shares in |  | Interest |

| group |  | in joint |  | Other |

| undertakings |  | venture |  | investments |  | Totals

£ | £ | £ | £ |

| COST

| At 1 January 2024 | 52 |  | 34,712 |  | 10 |  | 34,774 |  |

| Additions | - |  | 48,914 |  | - |  | 48,914 |  |

| At 31 December 2024 | 52 |  | 83,626 |  | 10 |  | 83,688 |  |

| NET BOOK VALUE

| At 31 December 2024 | 52 |  | 83,626 |  | 10 |  | 83,688 |  |

| At 31 December 2023 | 52 |  | 34,712 |  | 10 |  | 34,774 |  |

| SSPC Investments Limited (Registered number: SC383838) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Amounts owed by group undertakings | 2,105,249 |  | 1,730,077 |  |

| Other debtors | 686,744 |  | 709,075 |  |

2,791,993 |  | 2,439,152 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Other creditors | 25,167 |  | 25,167 |  |

7. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2024 | 2023 |

| value: | £ | £ |

| 3 | Ordinary A | £1 | 3 |  | 3 |  |

| 1 | Ordinary B | £1 | 1 |  | 1 |  |

4 |  | 4 |  |

8. | RELATED PARTY DISCLOSURES

| DIVIDENDS

| During the year dividends of £174,517 (2023: £173,000) were paid to the shareholders.