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REGISTERED NUMBER: 11850347 (England and Wales)













ACP FINTECH A LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2021






ACP FINTECH A LIMITED (REGISTERED NUMBER: 11850347)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2021










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ACP FINTECH A LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2021







DIRECTORS: Mr D J Shannon
Mr. M Baptista





REGISTERED OFFICE: Cannon Place
78 Cannon Street
London
EC4N 6AF





REGISTERED NUMBER: 11850347 (England and Wales)





ACCOUNTANTS: Sinclairs Bartrum Lerner
Chartered Accountants
Second Floor
34 Lime Street
London
EC3M 7AT

ACP FINTECH A LIMITED (REGISTERED NUMBER: 11850347)

BALANCE SHEET
31ST DECEMBER 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Investments 4 363 519

CURRENT ASSETS
Debtors 5 1 1

CREDITORS
Amounts falling due within one year 6 2 2
NET CURRENT LIABILITIES (1 ) (1 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

362

518

CAPITAL AND RESERVES
Called up share capital 1 1
Fair value reserve 7 361 517
SHAREHOLDERS' FUNDS 362 518

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9th August 2022 and were signed on its behalf by:





Mr D J Shannon - Director


ACP FINTECH A LIMITED (REGISTERED NUMBER: 11850347)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2021


1. STATUTORY INFORMATION

Acp Fintech A Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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

The financial statements are prepared in Pound Sterling which is the functional currency of the company and rounded to nearest pound.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Debtors and creditors receivable or payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

ACP FINTECH A LIMITED (REGISTERED NUMBER: 11850347)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2021


4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1st January 2021 519
Revaluations (156 )
At 31st December 2021 363
NET BOOK VALUE
At 31st December 2021 363
At 31st December 2020 519

Cost or valuation at 31st December 2021 is represented by:

Other
investments
£   
Valuation in 2020 519
Valuation in 2021 (156 )
363

If the fixed asset investments had not been revalued they would have been included at the following historical cost:

2021 2020
£    £   
Cost 2 2

The fixed asset investments were valued on an open market basis on 31st December 2021 by the directors .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Other debtors 1 1

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Other creditors 2 2

ACP FINTECH A LIMITED (REGISTERED NUMBER: 11850347)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2021


7. RESERVES
Fair
value
reserve
£   
At 1st January 2021 517
Revaluation of investments (156 )

At 31st December 2021 361

8. ULTIMATE CONTROLLING PARTY

The controlling party is Assembly Capital Partners Limited.