Caseware UK (AP4) 2021.0.152 2021.0.152 2021-10-312021-10-31No description of principal activity0false2020-10-13The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.0falsetrue 12948184 2020-10-12 12948184 2020-10-13 2021-10-31 12948184 2019-10-13 2020-10-12 12948184 2021-10-31 12948184 c:Director1 2020-10-13 2021-10-31 12948184 d:CurrentFinancialInstruments 2021-10-31 12948184 d:Non-currentFinancialInstruments 2021-10-31 12948184 d:Non-currentFinancialInstruments 1 2021-10-31 12948184 d:CurrentFinancialInstruments d:WithinOneYear 2021-10-31 12948184 d:Non-currentFinancialInstruments d:AfterOneYear 2021-10-31 12948184 d:ShareCapital 2021-10-31 12948184 d:RetainedEarningsAccumulatedLosses 2021-10-31 12948184 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2021-10-31 12948184 c:OrdinaryShareClass1 2020-10-13 2021-10-31 12948184 c:OrdinaryShareClass1 2021-10-31 12948184 c:PreferenceShareClass1 2020-10-13 2021-10-31 12948184 c:PreferenceShareClass1 2021-10-31 12948184 c:FRS102 2020-10-13 2021-10-31 12948184 c:AuditExempt-NoAccountantsReport 2020-10-13 2021-10-31 12948184 c:FullAccounts 2020-10-13 2021-10-31 12948184 c:PrivateLimitedCompanyLtd 2020-10-13 2021-10-31 12948184 6 2020-10-13 2021-10-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 12948184









ACPLPF LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 OCTOBER 2021

 
ACPLPF LIMITED
REGISTERED NUMBER: 12948184

BALANCE SHEET
AS AT 31 OCTOBER 2021

2021
Note
£

Fixed assets
  

Investments
 4 
248,189

  
248,189

Current assets
  

Cash at bank and in hand
 5 
67

  
67

Creditors: amounts falling due within one year
 6 
(2,372)

Net current (liabilities)/assets
  
 
 
(2,305)

Total assets less current liabilities
  
245,884

Creditors: amounts falling due after more than one year
 7 
(250,000)

  

Net (liabilities)/assets
  
(4,116)


Capital and reserves
  

Called up share capital 
 9 
1

Profit and loss account
  
(4,117)

  
(4,116)


Page 1

 
ACPLPF LIMITED
REGISTERED NUMBER: 12948184
    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2021

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 7 September 2022.




................................................
Adam Cannon
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
ACPLPF LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2021

1.


General information

ACPLPF Limited is a private company limited by its share capital and was incorporated in England and Wales on 13 October 2020. The company began to trade on 15 September 2021 and the principal activity of the company was that of investing in early stage companies that are publicly traded on the London Stock Exchange.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The accounts have been prepared on a going concern basis. This assumes the continuing support of its director, which he has pledged for the foreseeable future.

 
2.3

Valuation of investments

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.6

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Investments in non-derivative instruments that are equity to the issuer are measured:
at fair value with changes recognised in the Statement of income and retained earnings if the shares are publicly traded or their fair value can otherwise be measured reliably;
at cost less impairment for all other investments.

Page 3

 
ACPLPF LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2021

3.


Employees

The average monthly number of employees, including directors, during the period was 0.


4.


Fixed asset investments





Listed investments

£



Cost or valuation


Additions
250,000


Revaluations
(1,811)



At 31 October 2021
248,189





5.


Cash and cash equivalents

2021
£

Cash at bank and in hand
67

67



6.


Creditors: Amounts falling due within one year

2021
£

Trade creditors
480

Other creditors
782

Accruals and deferred income
1,110

2,372


Page 4

 
ACPLPF LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2021

7.


Creditors: Amounts falling due after more than one year

2021
£

Share capital treated as debt
250,000

250,000



8.


Financial instruments

2021
£

Financial assets


Financial assets measured at fair value through profit or loss
67




Financial assets measured at fair value through profit or loss comprise cash at bank.


9.


Share capital

2021
£
Shares classified as equity

Allotted, called up and fully paid


1 Ordinary share of £1
1

2021
£
Shares classified as debt

Allotted, called up and fully paid


250,000 Preference shares of £1 each
250,000


During the year, 1 Ordinary share was issued at par.
Also during the year, 250,000 Preference shares of £1 were issued. These preference shares have a 3% annual dividend for five years from 17.09.2021.


10.


Controlling party

During the period the Company was controlled by the director, Adam Cannon, by virtue of his shareholding as detailed in the Director's report.

 
Page 5