Company registration number 10300999 (England and Wales)
SCP VENTURES LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
SCP VENTURES LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
SCP VENTURES LTD
BALANCE SHEET
AS AT 31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investments
4
772,500
-
0
Current assets
Cash at bank and in hand
5,060
7,710
Creditors: amounts falling due within one year
5
(1,114,660)
(341,433)
Net current liabilities
(1,109,600)
(333,723)
Net liabilities
(337,100)
(333,723)
Capital and reserves
Called up share capital
6
100
100
Profit and loss reserves
(337,200)
(333,823)
Total equity
(337,100)
(333,723)

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 1 December 2025 and are signed on its behalf by:
Mrs C Parker
Director
Company registration number 10300999 (England and Wales)
SCP VENTURES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information

SCP Ventures Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 5a Bear Lane, Southwark, London, United Kingdom, SE1 0UH.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, t he principal accounting policies adopted are set out below.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future due to the ongoing support of the directors. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

1.4
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

SCP VENTURES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
2
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.

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.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
4
Fixed asset investments
2025
2024
£
£
Other investments other than loans
772,500
-
0
Movements in fixed asset investments
Investments
£
Cost or valuation
At 1 April 2024
-
Additions
772,500
At 31 March 2025
772,500
Carrying amount
At 31 March 2025
772,500
At 31 March 2024
-
5
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
1,114,660
341,433
SCP VENTURES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
6
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary class A shares of £1 each
2
2
2
2
Ordinary class B shares of £1 each
2
2
2
2
Ordinary class C shares of £1 each
96
96
96
96
100
100
100
100
2025-03-31 2024-04-01 false false false 01 December 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity Mr Scott Parker Mrs Carly Parker 10300999 2024-04-01 2025-03-31 10300999 2025-03-31 10300999 2024-03-31 10300999 core:ShareCapital 2025-03-31 10300999 core:ShareCapital 2024-03-31 10300999 core:RetainedEarningsAccumulatedLosses 2025-03-31 10300999 core:RetainedEarningsAccumulatedLosses 2024-03-31 10300999 core:ShareCapitalOrdinaryShareClass1 2025-03-31 10300999 core:ShareCapitalOrdinaryShareClass1 2024-03-31 10300999 core:ShareCapitalOrdinaryShareClass2 2025-03-31 10300999 core:ShareCapitalOrdinaryShareClass2 2024-03-31 10300999 core:ShareCapitalOrdinaryShareClass3 2025-03-31 10300999 core:ShareCapitalOrdinaryShareClass3 2024-03-31 10300999 core:ShareCapitalOrdinaryShares 2025-03-31 10300999 core:ShareCapitalOrdinaryShares 2024-03-31 10300999 bus:Director2 2024-04-01 2025-03-31 10300999 2023-04-01 2024-03-31 10300999 core:CurrentFinancialInstruments 2025-03-31 10300999 core:CurrentFinancialInstruments 2024-03-31 10300999 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 10300999 bus:OrdinaryShareClass2 2024-04-01 2025-03-31 10300999 bus:OrdinaryShareClass3 2024-04-01 2025-03-31 10300999 bus:OrdinaryShareClass1 2025-03-31 10300999 bus:OrdinaryShareClass1 2024-03-31 10300999 bus:OrdinaryShareClass2 2025-03-31 10300999 bus:OrdinaryShareClass2 2024-03-31 10300999 bus:OrdinaryShareClass3 2025-03-31 10300999 bus:OrdinaryShareClass3 2024-03-31 10300999 bus:AllOrdinaryShares 2025-03-31 10300999 bus:AllOrdinaryShares 2024-03-31 10300999 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10300999 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10300999 bus:FRS102 2024-04-01 2025-03-31 10300999 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 10300999 bus:Director1 2024-04-01 2025-03-31 10300999 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP