REGISTERED NUMBER: SC413603 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Petro Economics Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr J Ewen

Mrs L Ewen

REGISTERED OFFICE:

43 Bonnymuir Place

Aberdeen

AB15 5NJ

REGISTERED NUMBER:

SC413603 (Scotland)

ACCOUNTANTS:

SBP

Accountants

42 Queens Road

Aberdeen

AB15 4YE

CURRENT ASSETS

Debtors

4

85,586

85,586

CREDITORS

Amounts falling due within one year

5

25,462

25,059

NET CURRENT ASSETS

60,124

60,527

TOTAL ASSETS LESS CURRENT LIABILITIES

60,124

60,527

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

60,121

60,524

SHAREHOLDERS' FUNDS

60,124

60,527

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.

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 19 September 2025 and were signed on its behalf by:

Mr J Ewen - Director

1.	STATUTORY INFORMATION

Petro Economics Ltd 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.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other debtors

85,586

85,586

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other creditors

25,462

25,059

6.	RELATED PARTY DISCLOSURES

At 31 December 2024, there was an interest free loan receivable from Dark Matter Distillers Limited of £85,586 (2023 - £85,586). The director, Mr J Ewen, is also a director of Dark Matter Distillers Limited, a company registered in Scotland.