Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-01-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 01491376 2023-01-01 2023-12-31 01491376 2022-01-01 2022-12-31 01491376 2023-12-31 01491376 2022-12-31 01491376 c:Director1 2023-01-01 2023-12-31 01491376 d:FurnitureFittings 2023-01-01 2023-12-31 01491376 d:FurnitureFittings 2023-12-31 01491376 d:FurnitureFittings 2022-12-31 01491376 d:ComputerEquipment 2023-01-01 2023-12-31 01491376 d:ComputerEquipment 2023-12-31 01491376 d:ComputerEquipment 2022-12-31 01491376 d:CurrentFinancialInstruments 2023-12-31 01491376 d:CurrentFinancialInstruments 2022-12-31 01491376 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 01491376 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 01491376 d:ShareCapital 2023-12-31 01491376 d:ShareCapital 2022-12-31 01491376 d:RetainedEarningsAccumulatedLosses 2023-12-31 01491376 d:RetainedEarningsAccumulatedLosses 2022-12-31 01491376 c:OrdinaryShareClass1 2023-01-01 2023-12-31 01491376 c:OrdinaryShareClass1 2023-12-31 01491376 c:OrdinaryShareClass1 2022-12-31 01491376 c:FRS102 2023-01-01 2023-12-31 01491376 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 01491376 c:FullAccounts 2023-01-01 2023-12-31 01491376 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 01491376 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 01491376














ACROPOLIS CAPITAL MANAGEMENT LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

 
ACROPOLIS CAPITAL MANAGEMENT LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1
Notes to the Financial Statements
 
2 - 5

 
ACROPOLIS CAPITAL MANAGEMENT LIMITED
REGISTERED NUMBER:01491376

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed Assets
  

Tangible assets
 4 
-
-

Current assets
  

Debtors: amounts falling due within one year
 5 
477,657
550,117

Cash at bank and in hand
  
161,620
144,256

  
639,277
694,373

Current liabilities
  

Creditors: amounts falling due within one year
 6 
(672,341)
(740,589)

Net current liabilities
  
 
 
(33,064)
 
 
(46,216)

Net liabilities
  
(33,064)
(46,216)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(33,164)
(46,316)

  
(33,064)
(46,216)


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 year 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 comprehensive income 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 17 September 2024.




V Vaghadia
Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
ACROPOLIS CAPITAL MANAGEMENT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Acropolis Capital Management Limited is a private limited liability company incorporated in England and Wales, with its registered office at 1 Hampstead Gate, 1a Frognal, London, NW3 6AL.
The principal activity of the Company is the provision of accounting and administration services.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The company meets its day-to-day working capital requirements through the financial support of the shareholder. The director believes that it is appropriate to prepare the financial statements on a going concern basis which assumes that the company will continue in operational existence with the continued support of the shareholder.

 
2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is £ Sterling.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
2.4

Turnover

Turnover comprises revenue recognised by the company in respect of services supplied during the
year exclusive of Value Added Tax. 

Fees receivable is recognised in the period to which the services relate.

Page 2

 
ACROPOLIS CAPITAL MANAGEMENT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.5

Pensions

Defined contribution pension plan
The Company contributes to a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.
The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Equipment, fixtures and fittings
-
20%
straight line
Computer equipment
-
33%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Debtors

Short-term debtors are measured at the transaction price, less any impairment.

Page 3

 
ACROPOLIS CAPITAL MANAGEMENT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.9

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.

 
2.10

Creditors

Short-term creditors are measured at the transaction price.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Tangible fixed assets





Fixtures and fittings
Computer equipment
Total

£
£
£



Cost


At 1 January 2023
79,419
142,610
222,029



At 31 December 2023

79,419
142,610
222,029



Depreciation


At 1 January 2023
79,419
142,610
222,029



At 31 December 2023

79,419
142,610
222,029



Net book value



At 31 December 2023
-
-
-



At 31 December 2022
-
-
-

Page 4

 
ACROPOLIS CAPITAL MANAGEMENT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Debtors

2023
2022
£
£


Trade debtors
18,300
38,550

Other debtors
452,939
465,788

Prepayments and accrued income
6,418
45,779

477,657
550,117



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
157
4,807

Corporation tax
3,197
594

Other taxation and social security
4,674
5,107

Other creditors
661,061
662,251

Accruals and deferred income
3,252
67,830

672,341
740,589


Included within other creditors is a loan of £600,000 (2022 - £600,000). This loan has £500,000 which is secured by way of a fixed and floating charge over the assets of the company.


7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1 each
100
100


 
Page 5