2022-04-012023-03-312023-03-31false03709376ANCIENT CAPITAL (FINANCIAL SERVICES) 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ANCIENT CAPITAL (FINANCIAL SERVICES) LIMITED

Registered Number
03709376
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

ANCIENT CAPITAL (FINANCIAL SERVICES) LIMITED
Company Information
for the year from 1 April 2022 to 31 March 2023

Directors

Robin Heimsoth
Donell Hamilton Turner

Registered Address

Old Vestry House
Broad Street
Somerton
TA11 7ND

Registered Number

03709376 (England and Wales)
ANCIENT CAPITAL (FINANCIAL SERVICES) LIMITED
Balance Sheet as at
31 March 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets51318
1318
Current assets
Cash at bank and on hand9636,100
9636,100
Creditors amounts falling due within one year6(2,471)(8,438)
Net current assets (liabilities)(1,508)(2,338)
Total assets less current liabilities(1,495)(2,320)
Net assets(1,495)(2,320)
Capital and reserves
Called up share capital100100
Profit and loss account(1,595)(2,420)
Shareholders' funds(1,495)(2,320)
The financial statements were approved and authorised for issue by the Board of Directors on 6 October 2023, and are signed on its behalf by:
Donell Hamilton Turner
Director
Registered Company No. 03709376
ANCIENT CAPITAL (FINANCIAL SERVICES) LIMITED
Notes to the Financial Statements
for the year ended 31 March 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Fixtures and fittings25
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4.Employee information

20232022
Average number of employees during the year00
5.Property, plant and equipment

Fixtures & fittings

Total

££
Cost or valuation
At 01 April 227,2057,205
At 31 March 237,2057,205
Depreciation and impairment
At 01 April 227,1877,187
Charge for year55
At 31 March 237,1927,192
Net book value
At 31 March 231313
At 31 March 221818
6.Creditors within one year

2023

2022

££
Amounts owed to related parties9136,913
Other creditors1,1001,100
Accrued liabilities and deferred income458425
Total2,4718,438
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.