SOCRATES CAPITAL LIMITED

Company Registration Number:
06786723 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2023

Period of accounts

Start date: 1 February 2022

End date: 31 January 2023

SOCRATES CAPITAL LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

SOCRATES CAPITAL LIMITED

Directors' report period ended 31 January 2023

The directors present their report with the financial statements of the company for the period ended 31 January 2023

Principal activities of the company

Socrates Capital Limited Director's report : Principal activities include the providing advisory/corporate finance as well as business, strategy and management consulting services.



Directors

The director shown below has held office during the whole of the period from
1 February 2022 to 31 January 2023

Edwin Ball


Secretary Edwin Ball

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
9 September 2023

And signed on behalf of the board by:
Name: Edwin Ball
Status: Secretary

SOCRATES CAPITAL LIMITED

Profit And Loss Account

for the Period Ended 31 January 2023

2023 2022


£

£
Turnover: 7,000,000 10,000,000
Cost of sales: ( 6,000,000 ) ( 1,400,000 )
Gross profit(or loss): 1,000,000 8,600,000
Distribution costs: ( 150,000 ) ( 600,000 )
Administrative expenses: ( 925,000 ) ( 1,130,550 )
Other operating income: 72,000 3,000,000
Operating profit(or loss): (3,000) 9,869,450
Interest payable and similar charges: ( 9,000,000 )
Profit(or loss) before tax: (3,000) 869,450
Profit(or loss) for the financial year: (3,000) 869,450

SOCRATES CAPITAL LIMITED

Balance sheet

As at 31 January 2023

Notes 2023 2022


£

£
Fixed assets
Investments: 3 13,000,000 11,000,000
Total fixed assets: 13,000,000 11,000,000
Current assets
Debtors: 4 1,200,000
Cash at bank and in hand: 37,250 170,000
Total current assets: 37,250 1,370,000
Net current assets (liabilities): 37,250 1,370,000
Total assets less current liabilities: 13,037,250 12,370,000
Provision for liabilities: ( 1,000,000 )
Total net assets (liabilities): 12,037,250 12,370,000
Capital and reserves
Called up share capital: 2,500,550 2,500,550
Share premium account: 9,539,700
Profit and loss account: (3,000 ) 9,869,450
Total Shareholders' funds: 12,037,250 12,370,000

The notes form part of these financial statements

SOCRATES CAPITAL LIMITED

Balance sheet statements

For the year ending 31 January 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 9 September 2023
and signed on behalf of the board by:

Name: Edwin Ball
Status: Director

The notes form part of these financial statements

SOCRATES CAPITAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SOCRATES CAPITAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 16 13

SOCRATES CAPITAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

3. Fixed assets investments note

Investments in other related companies

SOCRATES CAPITAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

4. Debtors

2023 2022
£ £
Other debtors 1,200,000
Total   1,200,000