ACCOUNTS - Final Accounts preparation

Registered number: 16695291

SSEI FOUNDER LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

REGISTERED NUMBER:16695291

SSEI FOUNDER LIMITED

BALANCE SHEET

AS AT 31 DECEMBER 2025

		2025
Note		£


Current assets
Debtors: amounts falling due within one year	4	68
Cash at bank and in hand	5	4,647
		4,715
Creditors: amounts falling due within one year	6	(6,467)
Net current (liabilities)/assets			(1,752)
Total assets less current liabilities			(1,752)

Net (liabilities)/assets			(1,752)

Capital and reserves
Called up share capital			100
Profit and loss account			(1,852)
			(1,752)

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 22 September 2026.

R Desborough

Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

SSEI FOUNDER LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

1.	General information

SSEI Founder Limited is a private company limited by shares, incorporated on 4 September 2025 with registered number 16695291 in the UK, and registered in England and Wales.

The company's registered address is Unit 3.05 The Jellicoe, 5 Beaconsfield Street, King's Cross, London, N1C 4EW.

The company's principal activity is to provide advisory services to SpaceTech start-ups.

As the Company was incorporated during the financial year, no comparative figures have been presented.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. 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 following principal accounting policies have been applied:

2.2

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.3

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

	The Company has no employees other than the directors, who did not receive any remuneration.
	The average monthly number of employees, including directors, during the period was 0.

Debtors

					2025
					£


	Other debtors	68

Page 2

SSEI FOUNDER LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

4.Debtors (continued)

		68

5.	Cash and cash equivalents
		2025
		£

	Cash at bank and in hand	4,647
		4,647

6.	Creditors: Amounts falling due within one year
		2025
		£

	Amounts owed to group undertakings	5,000
	Accruals	1,467
		6,467

7.	Related party transactions
	The company is a designated member of SSEI GP LLP and is able to exercise significant influence over the LLP. During the year the company received advances from SSEI GP LLP. At 31 December 2025, £5,000 remained payable to SSEI GP LLP and is included within creditors.

8.	Controlling party

There is no ultimate controlling party of the Company.

Page 3