Ssjr Co2 Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 11235102

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	545,241		2,290,011
Debtors	5	29,918		52,084
Cash at bank and in hand		50,406		26,595

		625,565		2,368,690
Creditors: Amounts Falling Due Within One Year	6	(1,293,913 )		(1,295,089 )

NET CURRENT ASSETS (LIABILITIES)			(668,348 )		1,073,601

TOTAL ASSETS LESS CURRENT LIABILITIES			(668,348 )		1,073,601

Creditors: Amounts Falling Due After More Than One Year	7		(1,114,830 )		(2,256,285 )

NET LIABILITIES			(1,783,178 )		(1,182,684 )

CAPITAL AND RESERVES
Called up share capital	8		1		1
Profit and Loss Account			(1,783,179 )		(1,182,685 )

SHAREHOLDERS' FUNDS			(1,783,178)		(1,182,684)

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Ssjr Co2 Limited

Balance Sheet (continued)

As At 31 March 2025

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Steven Summers

Director

11th December 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Ssjr Co2 Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11235102 . The registered office is Bayside Business Centre, Sovereign Business Park, 48 Willis Way, Poole, BH15 3TB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.4. Financial Instruments

The Company has chosen to adopt Sections 11 and 12 of FRS 102 in respect of financial

instruments.

Financial liabilities

Basic financial liabilities, including trade and other payables, bank loans, loans from

fellow Group companies and preference shares that are classified as debt, are

initially recognised at transaction price, unless the arrangement constitutes a

financing transaction, where the debt instrument is measured at the present value of

the future receipts discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective

interest rate method.

...CONTINUED

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Ssjr Co2 Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.4. Financial Instruments - continued

Trade payables are obligations to pay for goods or services that have been acquired

in the ordinary course of business from suppliers. Accounts payable are classified as

current liabilities if payment is due within one year or less. If not, they are presented

as non-current liabilities. Trade payables are recognised initially at transaction price

and subsequently measured at amortised cost using the effective interest method

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2025	2024
Office and administration	2	2

	2	2

4. Stocks

	2025	2024
	£	£
Stock	545,241	2,290,011

5. Debtors

	2025	2024
	£	£
Due within one year
VAT	29,918	52,084

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	21,635	22,811
Other creditors	235,979	235,979
Retentions Held	28,843	28,843
Alex Sanderman Loan	400,000	400,000
Amounts owed to parent undertaking	592,456	592,456
Amounts owed to associates	15,000	15,000

	1,293,913	1,295,089

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Corviglia loans	1,114,830	2,256,285

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Ssjr Co2 Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

9. Financial Instruments

At the reporting date there was a secured loan facility from an unrelated third party with a carrying balance of £1,114,830.43 This loan is repayable within 12 months of the reporting date.

At the reporting date there was an unsecured loan from an associated party with a carrying balance of £235,784.58. This loan is repayable on demand.

At the reporting date there was an unsecured loan from the parent company with a carrying balance of £592,456.46. This loan is repayable on demand.

10. Related Party Transactions

Other Creditors

The company entered into transactions during the reporting period with the company “Titan Property Developments Ltd” which is a member of the same group. The related party provided an unsecured loan with a carrying balance at the reporting date of £235,784.58 (2024: £235,784.58). The loan is repayable on demand.

Amounts owed to Parent Undertaking

The company entered into transactions during the reporting period with a parent company “SSJR limited”. The parent company provided an unsecured loan with a carrying balance at the reporting date of £592,456.46 (2024: £592,456.46). The loan is repayable on demand.

Steven Neal Summer/John Anthony Reynolds

Members of key management personnel

Mr Steven Neal Summers and Mr John Anthony Reynolds are the joint guarantors of the secured loan facilities.

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