28 October 2024 SEED CAPITAL SOLUTIONS PLC
("Seed Capital", "SCSP" or the "Company")
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:
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Seed Capital Solutions plc
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Chairman Damion Greef
Website: https://seedcapitalsolutionsplc.com/
Brand Communications
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Tel: +44 (0)1535 647 479
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Public & Investor Relations
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Tel: +44 (0) 7976 431608
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Alan Green
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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.
