BP (GTA SENEGAL) FINANCE LIMITED

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  +8.1%

  -£192,866,861 → -£177,183,225

• Employees

  —

  Not reported

• Operating profit

  +187.7%

  -£38,776,258 → £34,004,635

• Profit before tax

  +129%

  -£54,086,866 → £15,683,636

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors consider it appropriate to adopt the going concern basis of accounting in preparing the financial statements. The current economic and geopolitical environment were considered as part of the going concern assessment. Liquidity and financing are managed within the bp group under pooled group-wide arrangements which include the company. As part of the going concern basis of preparation for the company, the ability and intent of the bp group to support the company has also been taken into consideration. The most recent bp group financial statements continue to be prepared on a going concern basis. Forecast liquidity of the bp group has been assessed under a number of stressed scenarios, including a significant decline in oil prices over the 12-month period from the date these financial statements were approved.”

Significant events

• “In 1Q25 there was an impairment trigger on the GTA Unit mainly due to remaining negative NPV (Net Present Value) following the full impairment of all GTA Unit Net Book Value (NBV) in 4Q24. The latest GTA forecasts used in the 1Q25 impairment test are also used in the 1Q25 expected loss update for BP (GTA Senegal) Finance Limited.”
• “On 6 March 2025, BPSIL confirmed to the other members of the GTA JV and the Ministers of Energy for Senegal and Mauritania that PETROSEN had elected to pay its share of all outstanding GTA Unit Cash Calls and thus had - pursuant to Article 10.1 of the UUOA - remedied its default, with the Default Period therefore concluded as of 6 March 2025.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.