SSV Capital Plc 31/01/2025 iXBRL

Company registration number: 15413294

SSV Capital Plc

Financial statements

31 January 2025

SSV Capital Plc

Contents

Directors and other information

Strategic report

Directors report

Independent auditor's report to the members

Statement of comprehensive income

Statement of financial position

Statement of changes in equity

Statement of cash flows

Notes to the financial statements

SSV Capital Plc

Directors and other information


Directors	Ankur Ghosh	(Appointed 15 January 2024)
	Christopher Francis Bullock	(Appointed 1 July 2024)
	David Walden Lewis	(Appointed 1 July 2024)
	Obiorah Onyesoh	(Appointed 1 July 2024)
	Roza Pollatou	(Appointed 1 July 2024)
	Damian Franz Zech	(Appointed 1 July 2024)
	Ishita Ghosh	(Resigned 2 July 2024)


Secretary	Paul Puxon


Company number	15413294


Registered office	Level 18
	40 Bank Street
	Canary Wharf
	London
	E14 5NR


Business address	Level 18 40 Bank Street
	Canary Wharf
	London
	E14 5NR


Auditor	SRV Delson
	Maruti House
	1st Floor
	369 Station Road
	Harrow
	HA1 2AW

SSV Capital Plc

Strategic report

Period ended 31 January 2025

The directors hereby present their strategic report, Director's report and the audited financial statements of SSV Capital PLC for the period ended

Principal activities

The principal activities of the company is that of a head office.

Business Review

SSV Capital PLC operates as a head office (SIC Code 70100), focusing on strategic investments, corporate structuring, and supporting its subsidiary undertakings. The Company's primary activities include:

Providing management and governance oversight for group entities.

Developing investment strategies in fintech, sustainable finance, and technology sectors.

Supporting business growth through advisory and financial management functions.

During FY 2024-25, the Company maintained a stable financial position, strengthened internal governance processes, and continued to explore opportunities in digital finance and environmentally conscious investment ventures.

Strategy

The Company's strategy is centred on:

Building a diversified investment portfolio across fintech, sustainable finance, and digital assets.

Driving shareholder value through long-term, sustainable growth.

Maintaining strong governance, compliance, and financial discipline.

Prioritising environmental, social, and governance (ESG) considerations in all business decisions.

Business model

SSV Capital PLC operates as a head office and SSV Capital plays the role of: -

Accelerator: Driving rapid rollout of fintech solutions

Incubator: Nurturing prop-tech and sustainable real estate innovations.

Combinator: Pooling ventures, funding, and investor access into a unified growth ecosystem.

In simple terms: -

SSV Capital is positioning itself as a hybrid "accelerator-incubator-combinator" for fintech and proptech.

It incubates products internally, accelerates them into market with funding and infrastructure, and combines them into a broader platform for scaling and investor returns.

Principal risk and uncertainties

The Company faces the following key risks:

financial markets affecting investment performance.

Regulatory Risk - Compliance with evolving UK and international financial regulations.

Liquidity Risk - Ensuring sufficient access to working capital for operational and investment requirements.

Operational Risk - Dependence on effective internal controls and governance to manage group activities.

Reputational Risk - Maintaining investor confidence through transparent reporting and ethical business conduct.

The Board actively monitors these risks and has established appropriate mitigation strategies.

Key performance indicators (KPIs)

The Directors monitor both financial and non-financial KPIs:

Financial KPIs: revenue growth, net asset value, liquidity levels, and return on investment.

Non-financial KPIs: employee engagement, environmental impact (carbon footprint), and compliance with ESG principles.

Section 172(1) Statement

The Director of SSV Capital PLC are mindful of their duty under Section 172 of the Companies Act 2006 to act in a way that they consider, in good faith, would most likely promote the success of the Company for the benefit of its members as a whole, while having regard to the matters set out in Section 172(1)(a)-(f).

In fulfilling this duty during the financial year ended 31 March 2025, the Board has considered the following key factors:

Long-term decision making (s172(1)(a))

The Board's decisions are taken with a focus on long-term sustainability, particularly in pursuing opportunities within fintech, digital finance, and sustainable investment sectors. Decisions are evaluated not only for their immediate financial effect but also for their strategic alignment with the Company's vision of delivering long-term shareholder value.

Interests of employees (s172(1)(b))

The Company recognises that its employees are fundamental to its success. During the year, flexible and hybrid working arrangements were maintained to support wellbeing, diversity and work-life balance. Training and professional development opportunities were also prioritised to enhance skills across the organisation.

Fostering relationships with suppliers, customers and stakeholders (s172(1)(c))

The Board is committed to maintaining fair, transparent, and constructive relationships with its suppliers, customers, and other stakeholders. Strong governance and compliance frameworks ensure that trust and mutual benefit are at the heart of these relationships.

Impact on community and environment (s172(1)(d))

The Company has implemented measures to reduce its carbon footprint, including reliance on renewable energy sources for electricity, reduced business travel through increased videoconferencing, and office energy efficiency upgrades. The Board is committed to minimising environmental impact and conducting business responsibly.

Reputation for high standards of business conduct (s172(1)(e))

Ethical conduct, integrity, and transparency underpin the Company's governance. The Board maintains strong oversight of compliance and reporting obligations, reinforcing the Company's reputation for professionalism and accountability.

Fairness between members (s172(1)(f))

The Board acts fairly between all shareholders, ensuring that decisions are made in the interests of members as a whole. The Company is committed to transparent communication through regular reporting and shareholder engagement.

Through the above considerations, the Directors believe they have acted in accordance with their Section 172 duties, promoting the long-term success of SSV Capital PLC for the benefit of its members and stakeholders.

This report was approved by the board of directors on 2 October 2025 and signed on behalf of the board by:

Ankur Ghosh

Director

SSV Capital Plc

Directors report

Period ended 31 January 2025

The directors present their report and the financial statements of the company for the period ended 31 January 2025.

Directors

The directors who served the company during the period were as follows:


Ankur Ghosh				(Appointed 15 January 2024)
Christopher Francis Bullock				(Appointed 1 July 2024)
David Walden Lewis				(Appointed 1 July 2024)
Obiorah Onyesoh				(Appointed 1 July 2024)
Roza Pollatou				(Appointed 1 July 2024)
Damian Franz Zech				(Appointed 1 July 2024)
Ishita Ghosh				(Resigned 2 July 2024)

Dividends

The directors do not recommend the payment of a dividend.

Future developments

Looking ahead, the Board intends to continue pursuing opportunities that align with its long-term growth strategy. In particular, the Company will:

Expand its investment portfolio with a focus on fintech, sustainable finance, and digital assets.

Strengthen capital resources to support growth and diversify investments.

Further integrate environmental, social and governance (ESG) principles into decision-making.

Leverage technology to improve efficiency, reduce costs, and enhance stakeholder engagement.

Maintain robust governance and compliance frameworks to ensure sustainable business operations.

The Directors remain confident in the Company's ability to deliver sustainable long-term value to its shareholders.

Greenhouse gas emissions and energy consumption

	Unit	2025
Total energy consumed	kWh	1
User defined description	Business trips	11.87
		_______

Methodologies for energy and emissions calculations

Emissions are calculated in accordance with the Greenhouse Gas Protocol, using the UK Government (BEIS/Defra) conversion factors applicable for the relevant reporting year.

Principal measures taken to increase energy efficiency

During the period, the Company has taken the following actions to reduce its carbon footprint and increase energy efficiency:

"Increased use of videoconferencing to minimise business travel.

"Replaced office lighting with energy-efficient LED fittings.

Directors responsibilities statement

The directors are responsible for preparing the strategic report, directors report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial period. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to:

- select suitable accounting policies and then apply them consistently;

- make judgments and accounting estimates that are reasonable and prudent; and

- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Auditor

Each of the persons who is a director at the date of approval of this report confirms that:

- so far as they are aware, there is no relevant audit information of which the company's auditor is unaware; and - they have taken all steps that they ought to have taken as a director to make themselves aware of any relevant audit information and to establish that the company's auditor is aware of that information.

A resolution to reappoint SRV Delson as auditor will be proposed at the forthcoming Annual General Meeting.

This report was approved by the board of directors on 02 October 2025 and signed on behalf of the board by:

Ankur Ghosh

Director

SSV Capital Plc

Independent auditor's report to the members of

SSV Capital Plc

Period ended 31 January 2025

Opinion

We have audited the financial statements of SSV Capital Plc (the 'company') for the period ended 31 January 2025 which comprise the statement of comprehensive income, statement of financial position, statement of changes in equity, statement of cash flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion, the financial statements: - give a true and fair view of the state of the company's affairs as at 31 January 2025 and of its profit for the period then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and - have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other Information

The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The directors are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

- the information given in the strategic report and the directors' report for the financial period for which the financial statements are prepared is consistent with the financial statements; and

- the strategic report and the directors' report has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the strategic report or the directors' report. We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion: - adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or - the financial statements are not in agreement with the accounting records and the returns; or - certain disclosures of directors' remuneration specified by law are not made; or - we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the directors' responsibilities statement, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: Enquiry of management and those charged with governance around actual and potential litigation and claims; Performing audit work over the risk of management override of controls. including testing of journal entries and other adjustments for appropriateness, evaluating the business rationale of significant transactions outside the normal course of business and reviewing accounting estimates for bias. Reviewing minutes of meetings of those charged with governance; Reviewing financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations. Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. we also: - Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. - Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control. - Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the directors. - Conclude on the appropriateness of the directors use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the company’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the company to cease to continue as a going concern. - Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditors report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Sailesh Rameshchandra Vaghjee (Senior Statutory Auditor)

For and on behalf of

SRV Delson

Chartered Certified Accountants and Statutory Auditors

Maruti House

1st Floor

369 Station Road

Harrow

HA1 2AW

02 October 2025

SSV Capital Plc

Statement of comprehensive income

Period ended 31 January 2025

		Period
		ended
		31/01/25
	Note	£


Turnover	4	250,000
Cost of sales		-
Administrative expenses		( 31,998)
Other operating income	5	200
		_______
Operating profit	6	218,202

Other interest receivable and similar income	8	187
Interest payable and similar expenses	9	( 189,023)
		_______
Profit before taxation		29,366

Tax on profit	10	-
		_______
Profit for the financial period and total comprehensive income		29,366
		_______

All the activities of the company are from continuing operations.

SSV Capital Plc

Statement of financial position

31 January 2025

		31/01/25
	Note	£	£

Fixed assets
Tangible assets	12	158,883
Investments	13	14,000
		_______
			172,883

Current assets
Debtors	14	3,337,086
Cash at bank and in hand		63,441
		_______
		3,400,527
Creditors: amounts falling due
within one year	15	( 2,731,876)
		_______
Net current assets			668,651
			_______
Total assets less current liabilities			841,534

Creditors: amounts falling due
after more than one year	16		( 303,868)
Accruals and deferred income			( 9,300)

			_______
Net assets			528,366
			_______

Capital and reserves
Called up share capital	18		100,516
Share premium account	19		398,484
Profit and loss account	19		29,366
			_______
Shareholders funds			528,366
			_______

These financial statements were approved by the board of directors and authorised for issue on 02 October 2025 , and are signed on behalf of the board by:

Ankur Ghosh

Director

Company registration number: 15413294

SSV Capital Plc

Statement of changes in equity

Period ended 31 January 2025

	Called up share capital	Share premium account	Profit and loss account	Total
	£	£	£	£


At 15 January 2024	-	-	-	-

Profit for the period			29,366	29,366
	_______	_______	_______	_______
Total comprehensive income for the period	-	-	29,366	29,366

Issue of shares	100,516	398,484		499,000
	_______	_______	_______	_______
Total investments by and distributions to owners	100,516	398,484	-	499,000

	_______	_______	_______	_______
At 31 January 2025	100,516	398,484	29,366	528,366
	_______	_______	_______	_______

SSV Capital Plc

Statement of cash flows

Period ended 31 January 2025

		Period
		ended
		31/01/25
		£

Cash flows from operating activities
Profit for the financial period		29,366

Adjustments for:
Depreciation of tangible assets		22,698
Other interest receivable and similar income		( 187)
Interest payable and similar expenses		189,023
Accrued expenses/(income)		9,300

Changes in:
Trade and other debtors		( 3,337,086)
Trade and other creditors		2,731,876
		_______
Cash generated from operations		( 355,010)

Interest paid		( 189,023)
Interest received		187
		_______
Net cash (used in)/from operating activities		( 543,846)
		_______

Cash flows from investing activities
Purchase of tangible assets		( 181,581)
Acquisition of subsidiaries		( 14,000)
		_______
Net cash (used in)/from investing activities		( 195,581)
		_______

Cash flows from financing activities
Proceeds from issue of ordinary shares		499,000
Proceeds from borrowings		303,868
		_______
Net cash from financing activities		802,868
		_______

Net increase/(decrease) in cash and cash equivalents		63,441
Cash and cash equivalents at beginning of period		-
		_______
Cash and cash equivalents at end of period		63,441
		_______

SSV Capital Plc

Notes to the financial statements

Period ended 31 January 2025

1. General information

The company is a private company limited by shares, registered in England & Wales. The address of the registered office is SSV Capital Plc, Level 18, 40 Bank Street, Canary Wharf, London, E14 5NR.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The directors consider that in preparing the financial statements, they have taken into account all the information that could reasonably be expected to be available together with their continued support to the company. On this basis the directors consider that it is appropriate to prepare the financial statements on a going concern basis.These financial statements do not include any adjustments that would result if the company would cease trading.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period.

When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that it is probable the expenses recognised will be recovered.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Fixed asset investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Turnover

Turnover arises from:

			Period
			ended
			31/01/25
			£
	Rendering of services		300,000
			_______

The whole of the turnover is attributable to the principal activity of the company wholly undertaken in the United Kingdom.

5. Other operating income

			Period
			ended
			31/01/25
			£
	Other operating income		200
			_______

6. Operating profit

Operating profit is stated after charging/(crediting):

				Period
				ended
				31/01/25
				£
	Depreciation of tangible assets			22,698
	Fees payable for the audit of the financial statements			9,300
				_______

7. Employee numbers

The average number of persons employed by the company during the period amounted to Nil.

8. Other interest receivable and similar income

			Period
			ended
			31/01/25
			£
	Bank deposits		187
			_______

9. Interest payable and similar expenses

		Period
		ended
		31/01/25
		£
Other loans made to the company:
	Other interest on other loans made to the company	189,023
		_______
		189,023
		_______

10. Tax on profit

No provision for corporation tax has been made in these financial statements due to tax losses incurred during the period.

11. Earnings per share

Basic earnings/(loss) per share

The earnings/(loss) and weighted average number of shares used in the calculation of basic earnings/(loss) per share are as follows:

			Period
			ended
			31/01/25
			£
	Profit for the period attributable to the owners of the company		29,366
			_______

Diluted earnings/(loss) per share

The earnings/(loss) and weighted average number of shares used in the calculation of diluted earnings/(loss) per share are as follows:

			Period
			ended
			31/01/25
			£
	Earnings/(loss) used in calculation of basic earnings/(loss) per share		29,366
			_______

12. Tangible assets

	Fixtures, fittings and equipment	Total
	£	£
Cost
At 15 January 2024	-	-
Additions	181,581	181,581
	_______	_______
At 31 January 2025	181,581	181,581
	_______	_______
Depreciation
At 15 January 2024	-	-
Charge for the year	22,698	22,698
	_______	_______
At 31 January 2025	22,698	22,698
	_______	_______
Carrying amount
At 31 January 2025	158,883	158,883
	_______	_______

13. Investments

	Shares in group undertakings	Total
	£	£
Cost
At 15 January 2024	-	-
Additions	14,000	14,000
	_______	_______
At 31 January 2025	14,000	14,000
	_______	_______
Impairment
At 15 January 2024 and 31 January 2025	-	-
	_______	_______
Carrying amount
At 31 January 2025	14,000	14,000
	_______	_______

Investments in group undertakings
	Registered office	Class of share	Percentage of shares
Subsidiary undertakings
SSV Capital Partners Limited	Level 18 40 Bank Street Canary Wharf London E14 5NR	Ordinary shares	100


Participating interest
SSV Smart Pay Limited	Level 18 40 Bank Street Canary Wharf London E14 5NR	Ordinary	30

14. Debtors

			31/01/25
			£
	Called up share capital not paid		87,500
	Other debtors		3,249,586
			_______
			3,337,086
			_______

No money have been called for the unpaid share capital and the directors are confident when the calls are made, the amount will be received.

15. Creditors: amounts falling due within one year

			31/01/25
			£
	Other creditors		2,731,876
			_______

The loan of £2,757,192 was repaid post year end.

16. Creditors: amounts falling due after more than one year

			31/01/25
			£
	Debenture loans		303,868
			_______

The company has provided a fixed charge and floating charge which covers all the property or undertaking of the company.

17. Financial instruments

Financial instruments carried on the statement of financial position include cash and cash equivalents, borrowings and accruals. The particular recognition methods adopted are disclosed in the individual policy statements associated with each item.

18. Called up share capital

Issued and called up

	31/01/25
	No	£
Ordinary A shares shares of £ 0.01 each	7,500,000	75,000
Ordinary B shares shares of £ 0.01 each	2,500,000	25,000
Preference shares shares of £ 0.00 each	632,000	632
	_______	_______
	10,632,000	100,632
	_______	_______

Issued and fully paid

	31/01/25
	No	£
Preference shares shares of £ 0.00 each	632,000	632
	_______	_______

Issued and partly paid

	31/01/25
	No	£
Ordinary A shares shares of £ 0.01 each - £ 0.00 paid	7,500,000	7,500
Ordinary B shares shares of £ 0.01 each - £ 0.00 paid	2,500,000	2,500
	_______	_______
	10,000,000	10,000
	_______	_______

Share movements

During the period the company issued 7,500,000 A class ordinary shares at the nominal value of £0.01 each, 2,500,000 B Class ordinary shares at the nominal value of £0.01 each, and632,000 preference shares at a nominal value of £0.001 each.

Called up share capital represents the nominal value of shares that have been issued.

19. Reserves

The profit & loss reserves include all current and prior years retained profit and losses

20. Analysis of changes in net debt

	At 15 January 2024	Cash flows	At 31 January 2025
	£	£	£
Cash and cash equivalents	-	63,441	63,441
Debt due after one year	-	(303,868)	(303,868)
	_______	_______	_______
	-	( 240,427)	( 240,427)
	_______	_______	_______

21. Related party transactions

At the period end the company was owed £3,154,119 from companies within the group.

22. Controlling party

The ultimate controlling interest is held by the director Ankur Gosh