REGISTERED NUMBER: SC825112 (Scotland)

FINANCIAL STATEMENTS

FOR THE PERIOD

7 OCTOBER 2024 TO 31 DECEMBER 2025

FOR

WPSC LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

J Bell

V M Kalra

Registered office:

Liberty Business Centre

Rosyth

Fife

KY11 2WX

Registered number:

SC825112 (Scotland)

Auditors:

Baverstocks Limited

Statutory Auditor

Chartered Certified Accountants

Dickens House

Guithavon Street

Witham

Essex

CM8 1BJ

Fixed assets

Investments

5

1,500,000

Current assets

Cash at bank

7,081

Creditors

Amounts falling due within one year

6

8,401

Net current liabilities

(1,320

)

Total assets less current liabilities

1,498,680

Capital and reserves

Called up share capital

1,500,000

Retained earnings

(1,320

)

1,498,680

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2026 and were signed on its behalf by:

J Bell - Director

V M Kalra - Director

1.	Statutory information

WPSC Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	Statement of compliance

The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

3.	Accounting policies

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements

The financial statements contain information about WPSC Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Critical accounting judgements and key sources of estimation uncertainty

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

There are no estimates and assumptions that have a significant risk of causing material adjustment in the financial statements.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Current taxation

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

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments.

Unrelieved tax losses and other deferred tax assets are recognised only 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 and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used.

Current and deferred tax assets and liabilities are not discounted.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Going concern

The financial statements have been prepared on the going concern basis. The directors finds it appropriate for the financial statements to be prepared on this basis despite the net current liability position of the company. The company is reliant upon the continued support of the directors who has confirmed that they will continue to support the company as required.

4.	Employees and directors

The average number of employees during the period was NIL.

5.	Fixed asset investments

Shares in

Group

Undertakings

£

Cost

Additions

1,500,000

At 31 December 2025

1,500,000

Net book value

At 31 December 2025

1,500,000

6.

Creditors: amounts falling due within one year

£

Amounts owed to group undertakings

7,081

Other creditors

1,320

8,401

At the reporting end date an amount of £7,081 was owed by the company to other group undertakings.

7.	Disclosure under Section 444(5B) of the Companies Act 2006

The Report of the Auditors was unqualified.

Steven Collins (Senior Statutory Auditor)

for and on behalf of Baverstocks Limited