Home » Seed Capital Solutions Plc (SCSP) » Seed Capital Solutions #SCSP – Annual Financial Report for financial year ended 30 June 2024

Seed Capital Solutions #SCSP – Annual Financial Report for financial year ended 30 June 2024

Seed Capital Solutions plc (LON: SCSP), a Company formed for the purpose of acquiring a business or businesses operating in market sectors that can display strong ESG credentials, is pleased to announce its audited annual financial results for the financial year ended 30 June 2024.

The Company was incorporated on 18 December 2017. At the date of preparation of these accounts, the Company does not have any current operations / principal activities, no products are sold or services performed by the Company, the Company does not operate or compete in any specific market, and the Company has no subsidiaries. The Company has been formed for the purpose of acquiring a business or businesses operating in market sectors that display strong environmental, social and governance (“ESG”) credentials, thereby benefitting from the current trend of superior performance aligned with increased investor appetite. The Company is not geographically focused on any one or specific country or region, but rather opportunity focused hence any potential acquisition opportunities will not be limited by jurisdiction or geography.

The Company has yet to commence any commercial activities, so as a result its key performance indicators are limited to cash balances and expenses incurred, measured as loss before taxation as follows in £ (GBP):

                                                                                       30 June 2024                       30 June 2023

Cash Balances                                                             518,144                                  517,279

Loss Before Taxation                                                 (262,412)                                (174,781)

The Board continued to review a number of potential acquisition opportunities across the sector but none of which met the necessary criteria for selection as at the end of the year.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Seed Capital Solutions plc
Chairman Damion Greef

Website: https://seedcapitalsolutionsplc.com/

 

Brand Communications

Tel: +44 (0)1535 647 479

 

 

Public & Investor Relations Tel: +44 (0) 7976 431608
Alan Green

 

ABOUT SEED CAPITAL SOLUTIONS PLC

Seed Capital Solutions Plc (LON: SCSP) has been formed for the purpose of acquiring a business or businesses operating in market sectors that can display strong ESG credentials, thereby benefitting from the current trend of superior performance and increased investor appetite.

Link here to view the full report and financial statements.


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