Silverfin false false 31/08/2025 01/09/2024 31/08/2025 Patrick Andrew 17/08/2010 Pauline Andrew 29/04/2016 12 March 2026 The principal activity of the Company during the financial year was the holding of a listed investments portfolio. At the year end all investments have been sold. SC383811 2025-08-31 SC383811 bus:Director1 2025-08-31 SC383811 bus:Director2 2025-08-31 SC383811 2024-08-31 SC383811 core:CurrentFinancialInstruments 2025-08-31 SC383811 core:CurrentFinancialInstruments 2024-08-31 SC383811 core:ShareCapital 2025-08-31 SC383811 core:ShareCapital 2024-08-31 SC383811 core:RetainedEarningsAccumulatedLosses 2025-08-31 SC383811 core:RetainedEarningsAccumulatedLosses 2024-08-31 SC383811 core:CostValuation 2024-08-31 SC383811 core:AdditionsToInvestments 2025-08-31 SC383811 core:DisposalsRepaymentsInvestments 2025-08-31 SC383811 core:RevaluationsIncreaseDecreaseInInvestments 2025-08-31 SC383811 core:FurtherSpecificIncreaseDecreaseInInvestments2ComponentTotalChangeInInvestments 2025-08-31 SC383811 core:CostValuation 2025-08-31 SC383811 2023-08-31 SC383811 bus:OrdinaryShareClass1 2025-08-31 SC383811 2024-09-01 2025-08-31 SC383811 bus:FilletedAccounts 2024-09-01 2025-08-31 SC383811 bus:SmallEntities 2024-09-01 2025-08-31 SC383811 bus:AuditExemptWithAccountantsReport 2024-09-01 2025-08-31 SC383811 bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 SC383811 bus:Director1 2024-09-01 2025-08-31 SC383811 bus:Director2 2024-09-01 2025-08-31 SC383811 2023-09-01 2024-08-31 SC383811 bus:OrdinaryShareClass1 2024-09-01 2025-08-31 SC383811 bus:OrdinaryShareClass1 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: SC383811 (Scotland)

# JCP WELL ENGINEERING SERVICES LTD.

### UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 AUGUST 2025
PAGES FOR FILING WITH THE REGISTRAR

JCP WELL ENGINEERING SERVICES LTD.

## UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 AUGUST 2025

Contents

JCP WELL ENGINEERING SERVICES LTD.

## BALANCE SHEET

AS AT 31 AUGUST 2025
JCP WELL ENGINEERING SERVICES LTD.

## BALANCE SHEET (continued)

AS AT 31 AUGUST 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Investments | 3 | 0 |  | 213,887
|  | 0 |  | 213,887
Current assets |  |  |  |
Debtors | 4 | 4,464 |  | 6,848
Cash at bank and in hand | 5 | 330,720 |  | 118,628
|  | 335,184 |  | 125,476
Creditors: amounts falling due within one year | 6 | ( 29,833) |  | ( 34,169)
Net current assets |  | 305,351 |  | 91,307
Total assets less current liabilities |  | 305,351 |  | 305,194
Provision for liabilities | 7 | 0 |  | ( 2,155)
Net assets |  | 305,351 |  | 303,039
Capital and reserves |  |  |  |
Called-up share capital | 8 | 100 |  | 100
Profit and loss account |  | 305,251 |  | 302,939
Total shareholders' funds |  | 305,351 |  | 303,039

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

Directors' responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year 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; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of JCP Well Engineering Services Ltd. (registered number: SC383811) were approved and authorised for issue by the Board of Directors on 12 March 2026. They were signed on its behalf by:

Patrick Andrew Director |

JCP WELL ENGINEERING SERVICES LTD.

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 AUGUST 2025
JCP WELL ENGINEERING SERVICES LTD.

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 AUGUST 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

JCP Well Engineering Services Ltd. (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is Springfield House, Ballater Road, Aboyne, AB34 5HN, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### Dividend income

Dividend income from investments is recognised when the shareholders' rights to receive payment have been established (provided that it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably).

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings.

##### Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs.

Basic financial liabilities
Basic financial liabilities, including creditors are recognised at transaction price.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less.

Investments
Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through the Statement of Income and Retained Earnings. Where fair value cannot be measured reliably, investments are measured at cost less impairment.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 2 |  | 2

#### 3. Fixed asset investments

| Other investments |  | Total
| £ |  | £
Cost or valuation before impairment |  |  |
At 01 September 2024 | 213,887 |  | 213,887
Additions | 11,698 |  | 11,698
Disposals | ( 243,772) |  | ( 243,772)
Movement in fair value | 18,235 |  | 18,235
Loss on Disposal | ( 48) |  | ( 48)
At 31 August 2025 | 0 |  | 0
Carrying value at 31 August 2025 | 0 |  | 0
Carrying value at 31 August 2024 | 213,887 |  | 213,887

#### 4. Debtors

| 2025 |  | 2024
| £ |  | £
Other debtors | 4,464 |  | 6,848

#### 5. Cash and cash equivalents

| 2025 |  | 2024
| £ |  | £
Cash at bank and in hand | 330,720 |  | 118,628

#### 6. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Trade creditors | 341 |  | 930
Taxation and social security | 0 |  | 324
Other creditors | 29,492 |  | 32,915
| 29,833 |  | 34,169

#### 7. Deferred tax

| 2025 |  | 2024
| £ |  | £
At the beginning of financial year | ( 2,155) |  | 0
Credited/(charged) to the Statement of Income and Retained Earnings | 2,155 |  | ( 2,155)
At the end of financial year | 0 |  | ( 2,155)

#### 8. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
100 Ordinary shares of £ 1.00 each | 100 |  | 100

#### 9. Related party transactions

Transactions with the entity's directors

| 2025 |  | 2024
| £ |  | £
Amounts due to directors | 25,304 |  | 29,365

This loan is interest free and has no fixed terms of repayment.