PetroScape Limited

PetroScape Limited
Contents Page
For the year ended 31 December 2025

Statement of Financial Position	1
Notes to the Financial Statements	2

PetroScape Limited
Statement of Financial Position
As at 31 December 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	105	712
		105	712
Current assets
Debtors		92	33,180
Cash at bank and in hand		85,244	149,289
		85,336	182,469
Creditors: amount falling due within one year		(18,617)	(82,025)
Net current assets		66,719	100,444

Total assets less current liabilities		66,824	101,156
Net assets		66,824	101,156

Capital and reserves
Called up share capital	4	100	100
Profit and loss account		66,724	101,056
Shareholders' funds		66,824	101,156

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

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 23 June 2026 and were signed by:

-------------------------------
Ian Beck
Director

1

PetroScape Limited
Notes to the Abridged Financial Statements
For the year ended 31 December 2025

General Information

PetroScape Limited is a private company, limited by shares, registered in England and Wales, registration number 11964172, registration address North End, North End Lane, Hamsey, Lewes, East Sussex, BN8 5TE.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment

33% Straight Line

2.	Average number of employees Average number of employees during the year was 1 (2024 : 2).

3.

Tangible fixed assets

Cost or valuation	Computer Equipment	Total
	£	£
At 01 January 2025	1,820	1,820
Additions	-	-
Disposals	-	-
At 31 December 2025	1,820	1,820
Depreciation
At 01 January 2025	1,108	1,108
Charge for year	607	607
On disposals	-	-
At 31 December 2025	1,715	1,715
Net book values
Closing balance as at 31 December 2025	105	105
Opening balance as at 01 January 2025	712	712

4.

Share Capital

Authorised
100 Ordinary shares of £1.00 each

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

2

Registered Number: 11964172
England and Wales
PETROSCAPE LIMITED

Abridged Accounts

Period of accounts Start date: 01 January 2025 End date: 31 December 2025