2023-01-012023-12-312023-12-31false13726922APRICUM GROUP LTD2024-05-2364999iso4217:GBPxbrli:pure137269222023-01-01137269222023-12-31137269222023-01-012023-12-31137269222021-11-05137269222022-12-31137269222021-11-052022-12-3113726922bus:SmallEntities2023-01-012023-12-3113726922bus:AuditExempt-NoAccountantsReport2023-01-012023-12-3113726922bus:FullAccounts2023-01-012023-12-3113726922bus:PrivateLimitedCompanyLtd2023-01-012023-12-3113726922core:WithinOneYear2023-12-3113726922core:AfterOneYear2023-12-3113726922core:WithinOneYear2022-12-3113726922core:AfterOneYear2022-12-3113726922core:ShareCapital2023-12-3113726922core:SharePremium2023-12-3113726922core:RevaluationReserve2023-12-3113726922core:OtherReservesSubtotal2023-12-3113726922core:RetainedEarningsAccumulatedLosses2023-12-3113726922core:ShareCapital2022-12-3113726922core:SharePremium2022-12-3113726922core:RevaluationReserve2022-12-3113726922core:OtherReservesSubtotal2022-12-3113726922core:RetainedEarningsAccumulatedLosses2022-12-3113726922core:LandBuildings2023-12-3113726922core:PlantMachinery2023-12-3113726922core:Vehicles2023-12-3113726922core:FurnitureFittings2023-12-3113726922core:OfficeEquipment2023-12-3113726922core:NetGoodwill2023-12-3113726922core:IntangibleAssetsOtherThanGoodwill2023-12-3113726922core:ListedExchangeTraded2023-12-3113726922core:UnlistedNon-exchangeTraded2023-12-3113726922core:LandBuildings2022-12-3113726922core:PlantMachinery2022-12-3113726922core:Vehicles2022-12-3113726922core:FurnitureFittings2022-12-3113726922core:OfficeEquipment2022-12-3113726922core:NetGoodwill2022-12-3113726922core:IntangibleAssetsOtherThanGoodwill2022-12-3113726922core:ListedExchangeTraded2022-12-3113726922core:UnlistedNon-exchangeTraded2022-12-3113726922core:LandBuildings2023-01-012023-12-3113726922core:PlantMachinery2023-01-012023-12-3113726922core:Vehicles2023-01-012023-12-3113726922core:FurnitureFittings2023-01-012023-12-3113726922core:OfficeEquipment2023-01-012023-12-3113726922core:NetGoodwill2023-01-012023-12-3113726922core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3113726922core:ListedExchangeTraded2023-01-012023-12-3113726922core:UnlistedNon-exchangeTraded2023-01-012023-12-3113726922core:MoreThanFiveYears2023-01-012023-12-3113726922core:Non-currentFinancialInstruments2023-12-3113726922core:Non-currentFinancialInstruments2022-12-3113726922dpl:CostSales2023-01-012023-12-3113726922dpl:DistributionCosts2023-01-012023-12-3113726922core:LandBuildings2023-01-012023-12-3113726922core:PlantMachinery2023-01-012023-12-3113726922core:Vehicles2023-01-012023-12-3113726922core:FurnitureFittings2023-01-012023-12-3113726922core:OfficeEquipment2023-01-012023-12-3113726922dpl:AdministrativeExpenses2023-01-012023-12-3113726922core:NetGoodwill2023-01-012023-12-3113726922core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3113726922dpl:GroupUndertakings2023-01-012023-12-3113726922dpl:ParticipatingInterests2023-01-012023-12-3113726922dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-012023-12-3113726922core:ListedExchangeTraded2023-01-012023-12-3113726922dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-012023-12-3113726922core:UnlistedNon-exchangeTraded2023-01-012023-12-3113726922dpl:CostSales2021-11-052022-12-3113726922dpl:DistributionCosts2021-11-052022-12-3113726922core:LandBuildings2021-11-052022-12-3113726922core:PlantMachinery2021-11-052022-12-3113726922core:Vehicles2021-11-052022-12-3113726922core:FurnitureFittings2021-11-052022-12-3113726922core:OfficeEquipment2021-11-052022-12-3113726922dpl:AdministrativeExpenses2021-11-052022-12-3113726922core:NetGoodwill2021-11-052022-12-3113726922core:IntangibleAssetsOtherThanGoodwill2021-11-052022-12-3113726922dpl:GroupUndertakings2021-11-052022-12-3113726922dpl:ParticipatingInterests2021-11-052022-12-3113726922dpl:GroupUndertakingscore:ListedExchangeTraded2021-11-052022-12-3113726922core:ListedExchangeTraded2021-11-052022-12-3113726922dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-11-052022-12-3113726922core:UnlistedNon-exchangeTraded2021-11-052022-12-3113726922core:NetGoodwill2023-12-3113726922core:IntangibleAssetsOtherThanGoodwill2023-12-3113726922core:LandBuildings2023-12-3113726922core:PlantMachinery2023-12-3113726922core:Vehicles2023-12-3113726922core:FurnitureFittings2023-12-3113726922core:OfficeEquipment2023-12-3113726922core:AfterOneYear2023-12-3113726922core:WithinOneYear2023-12-3113726922core:ListedExchangeTraded2023-12-3113726922core:UnlistedNon-exchangeTraded2023-12-3113726922core:ShareCapital2023-12-3113726922core:SharePremium2023-12-3113726922core:RevaluationReserve2023-12-3113726922core:OtherReservesSubtotal2023-12-3113726922core:RetainedEarningsAccumulatedLosses2023-12-3113726922core:NetGoodwill2022-12-3113726922core:IntangibleAssetsOtherThanGoodwill2022-12-3113726922core:LandBuildings2022-12-3113726922core:PlantMachinery2022-12-3113726922core:Vehicles2022-12-3113726922core:FurnitureFittings2022-12-3113726922core:OfficeEquipment2022-12-3113726922core:AfterOneYear2022-12-3113726922core:WithinOneYear2022-12-3113726922core:ListedExc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APRICUM GROUP LTD

Registered Number
13726922
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2023

APRICUM GROUP LTD
Company Information
for the year from 1 January 2023 to 31 December 2023

Directors

DOBROTT, Nikolai Alexander
LESSER, Charles Antony

Company Secretary

ELEMENTAL COMPANY SECRETARY LIMITED

Registered Address

Uncommon Holborn Apricum
81-87 High Holborn
London
WC1V 6DF

Registered Number

13726922 (England and Wales)
APRICUM GROUP LTD
Balance Sheet as at
31 December 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets39,9213,982
9,9213,982
Current assets
Debtors497,92342,878
Cash at bank and on hand40,69146,676
138,61489,554
Creditors amounts falling due within one year5(293,406)(435,249)
Net current assets (liabilities)(154,792)(345,695)
Total assets less current liabilities(144,871)(341,713)
Net assets(144,871)(341,713)
Capital and reserves
Called up share capital11
Profit and loss account(144,872)(341,714)
Shareholders' funds(144,871)(341,713)
The financial statements were approved and authorised for issue by the Board of Directors on 23 May 2024, and are signed on its behalf by:
LESSER, Charles Antony
Director
Registered Company No. 13726922
APRICUM GROUP LTD
Notes to the Financial Statements
for the year ended 31 December 2023

1.Accounting policies
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.
Statement of compliance
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.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Going concern
Upon review of the financial forecasts and projections, the directors have a reasonable expectation there are adequate resources for the company to continue in operational existence for the foreseeable future. The financial statements have therefore been prepared under the going concern basis.
Revenue from rendering of services
Revenue 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: Straight line method over the useful life of 3 years for Computer Equipment and 5 years for Furniture & Fixtures.
2.Average number of employees

20232022
Average number of employees during the year83
3.Tangible fixed assets

Fixtures & fittings

Office Equipment

Total

£££
Cost or valuation
At 01 January 23-5,3175,317
Additions2,5686,8079,375
At 31 December 232,56812,12414,692
Depreciation and impairment
At 01 January 23-1,3351,335
Charge for year2183,2183,436
At 31 December 232184,5534,771
Net book value
At 31 December 232,3507,5719,921
At 31 December 22-3,9823,982
4.Debtors: amounts due within one year

2023

2022

££
Other debtors59,11724,656
Prepayments and accrued income38,80618,222
Total97,92342,878
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
5.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables21,1464,328
Amounts owed to related parties136,469404,983
Taxation and social security13624,628
Other creditors8,0851,310
Accrued liabilities and deferred income127,570-
Total293,406435,249
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.
6.Related party transactions
Apricum Group Limited owe £136,469 (2022: £404,983) to Apricum Gmbh as at the balance sheet date.