Registration number: 12702979

Supercritical Solutions Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 7

Supercritical Solutions Ltd

Company Information

Directors

M J Bird L Tan M O Laalej B Ahmad M S Clarke

Registered office

Unit 36 Acton Park Estate The Vale London W3 7QE

Accountants

Levett & Associates Ltd Chartered Certified Accountants2nd Floor 46-46a High Street Olney Buckinghamshire MK46 4BE

Supercritical Solutions Ltd

(Registration number: 12702979)
Balance Sheet as at 30 June 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	1,020,702	40,256
Current assets
Debtors	5	1,718,214	905,666
Cash at bank and in hand		4,618,086	12,633,979
		6,336,300	13,539,645
Creditors: Amounts falling due within one year	6	(371,359)	(378,234)
Net current assets		5,964,941	13,161,411
Net assets		6,985,643	13,201,667
Capital and reserves
Called up share capital	7	249	249
Share premium reserve		17,448,468	17,448,468
Retained earnings		(10,463,074)	(4,247,050)
Shareholders' funds		6,985,643	13,201,667

For the financial year ending 30 June 2026 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act 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. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 8 October 2026 and signed on its behalf by:
 

......................................... M J Bird Director

Supercritical Solutions Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Unit 36 Acton Park Estate
The Vale
London
W3 7QE

These financial statements were authorised for issue by the Board on 8 October 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Government grants

Government grants are recognised when there is reasonable assurance that the company will comply with the conditions attaching to the grants and that the grants will be received.

Grants relating to revenue expenditure are recognised in the profit & loss account on a systematic basis over the periods in which the company recognises the costs for which the grants are intended to compensate.

Grants relating to assets are recognised as deferred income and released to the profit & loss account on a systematic basis over the expected useful life of the related asset.

Where a grant is received in advance of the recognition of the related expenditure or asset, the amount is recognised as deferred income and released to the profit & loss account in accorance with the above policy.

Supercritical Solutions Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Computer equipment	3 years straight line
Leasehold improvements	Over the term of the lease
Plant and machinery	10 years straight line

Development costs

Research and development expenditure is recognised as an expense as incurred.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Supercritical Solutions Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 36 (2025 - 20).

Supercritical Solutions Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

4	Tangible assets

	Short leasehold land and buildings £	Plant and machinery £	Office equipment £	Total £
Cost or valuation
At 1 July 2025	9,097	-	50,208	59,305
Additions	1,096,389	3,992	29,027	1,129,408
At 30 June 2026	1,105,486	3,992	79,235	1,188,713
Depreciation
At 1 July 2025	152	-	18,897	19,049
Charge for the year	126,405	831	21,726	148,962
At 30 June 2026	126,557	831	40,623	168,011
Carrying amount
At 30 June 2026	978,929	3,161	38,612	1,020,702
At 30 June 2025	8,945	-	31,311	40,256

Included within the net book value of land and buildings above is £978,929 (2025 - £8,945) in respect of short leasehold land and buildings.
 

5

Debtors

Current	2026 £	2025 £
Trade debtors	33,000	204,919
Prepayments	41,282	25,736
Other debtors	1,643,932	675,011
	1,718,214	905,666

Supercritical Solutions Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

6

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Trade creditors	224,614	295,306
Taxation and social security	96,535	68,046
Accruals and deferred income	28,688	3,500
Other creditors	21,522	11,382
	371,359	378,234

7	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary of £0.01 each	11,147	111.47	11,147	111.47
Preference of £0.01 each	3,227	32.27	3,227	32.27
Series A of £0.01 each	10,408	104.08	10,408	104.08
Deferred of £0.01 each	9	0.09	9	0.09
	24,791	247.91	24,791	247.91

8	Related party transactions

Summary of transactions with other related parties

Valterra Platinum Marketing Limited Shareholder, holding 12.26% (fully diluted) of the total issued share capital of the company £120,000 development grant invoiced and received in full during the accounting period. No outstanding balances existed as at 30 June 2026

Shell Global Solutions International BV Group company of shareholder Shell Ventures BV, holding 9.21% (fully diluted) of the total issued share capital of the company £120,000 R&D testing and analytical services provided by the company on an arm's-length basis £33,000 outstanding as at 30 June 2026 under contracted arm's-length terms and conditions