SSPR Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

1. General Information

SSPR Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11377301 . The registered office is 51 The Broadway, Greenford, Middlesex, UB6 9PN.

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. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold

2.00% on cost

2.4. Financial Instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other

Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the

contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a

legally enforceable right to set off the recognised amounts and there is an intention 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 and are subsequently carried at amortised cost using the effective interest method unless

the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the

future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not

amortised.

Classification of financial liabilities

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.

Basic financial liabilities

Basic financial liabilities, including creditors, 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 payments discounted at a

market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

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. If not,

they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and

subsequently measured at amortised cost using the effective interest method.

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SSPR Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2026

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

2.6. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks,

other short-term highly liquid investments that mature in no more than three months from the date of acquisition and

are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2025: 1)

4. Tangible Assets

	Land & Property
	Freehold
	£
Cost
As at 1 June 2025	330,464

As at 31 May 2026	330,464

Depreciation
As at 1 June 2025	4,626
Provided during the period	2,644

As at 31 May 2026	7,270

Net Book Value
As at 31 May 2026	323,194

As at 1 June 2025	325,838

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SSPR Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2026

5. Investments

	Unlisted
	£
Cost or Valuation
As at 1 June 2025	100,500

As at 31 May 2026	100,500

Provision
As at 1 June 2025	-

As at 31 May 2026	-

Net Book Value
As at 31 May 2026	100,500

As at 1 June 2025	100,500

6. Debtors

	2026	2025
	£	£
Due within one year
Prepayments and accrued income	2,152	500

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	3,065	7,201
Corporation tax	1,317	1,302
Advance Rent	1,000	1,000
Rent Deposit	3,000	3,000
Accruals and deferred income	900	-
Directors' loan accounts	106,833	106,521

	116,115	119,024

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

	2026	2025
	£	£
Other creditors	325,500	325,500

9. Share Capital

	2026	2025
Allotted, called up and fully paid	£	£
50 Ordinary A shares of £ 1.00 each	50	50
50 Ordinary B shares of £ 1.00 each	50	50

	100	100

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SSPR Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2026

10. Post Balance Sheet Events

The Company’s sole director, Mr Shamir Patel , passed away as on 02/08/2026, subsequent to the reporting date of 31/05/20266.

Following the death of the sole director,Mrs Seema Patel , who was the Company Secretary at the reporting date, was appointed as a director of the Company on 03/08/2026.

The appointment of the new director occurred after the reporting period and, accordingly, no adjustment has been made to the amounts recognised in these financial statements in respect of these events.

The financial statements are approved by the Board of Directors and signed on behalf of the Board by Mrs Seema Patel, in her capacity as director.

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		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		323,194		325,838
Investments	5		100,500		100,500

			423,694		426,338
CURRENT ASSETS
Debtors	6	2,152		500
Cash at bank and in hand		19,763		18,709

		21,915		19,209
Creditors: Amounts Falling Due Within One Year	7	(116,115 )		(119,024 )

NET CURRENT ASSETS (LIABILITIES)			(94,200 )		(99,815 )

TOTAL ASSETS LESS CURRENT LIABILITIES			329,494		326,523

Creditors: Amounts Falling Due After More Than One Year	8		(325,500 )		(325,500 )

NET ASSETS			3,994		1,023

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			3,894		923

SHAREHOLDERS' FUNDS			3,994		1,023