Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-314falsefalse2023-01-01falseOther business support services3trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07883871 2023-01-01 2023-12-31 07883871 2022-01-01 2022-12-31 07883871 2023-12-31 07883871 2022-12-31 07883871 c:Director2 2023-01-01 2023-12-31 07883871 d:FurnitureFittings 2023-01-01 2023-12-31 07883871 d:FurnitureFittings 2023-12-31 07883871 d:FurnitureFittings 2022-12-31 07883871 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 07883871 d:ComputerEquipment 2023-01-01 2023-12-31 07883871 d:ComputerEquipment 2023-12-31 07883871 d:ComputerEquipment 2022-12-31 07883871 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 07883871 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 07883871 d:CurrentFinancialInstruments 2023-12-31 07883871 d:CurrentFinancialInstruments 2022-12-31 07883871 d:Non-currentFinancialInstruments 2023-12-31 07883871 d:Non-currentFinancialInstruments 2022-12-31 07883871 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 07883871 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 07883871 d:ShareCapital 2023-12-31 07883871 d:ShareCapital 2022-12-31 07883871 d:RetainedEarningsAccumulatedLosses 2023-12-31 07883871 d:RetainedEarningsAccumulatedLosses 2022-12-31 07883871 c:OrdinaryShareClass1 2023-01-01 2023-12-31 07883871 c:OrdinaryShareClass1 2023-12-31 07883871 c:OrdinaryShareClass1 2022-12-31 07883871 c:FRS102 2023-01-01 2023-12-31 07883871 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07883871 c:FullAccounts 2023-01-01 2023-12-31 07883871 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07883871 2 2023-01-01 2023-12-31 07883871 6 2023-01-01 2023-12-31 07883871 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 07883871














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

 
ACROPOLIS CAPITAL LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1 - 2
Notes to the Financial Statements
 
3 - 7


 
ACROPOLIS CAPITAL LIMITED
REGISTERED NUMBER:07883871

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
74,192
76,740

Investments
 5 
-
7

  
74,192
76,747

Current assets
  

Debtors: amounts falling due after more than one year
 6 
21,600
21,600

Debtors: amounts falling due within one year
 6 
831,521
767,093

Cash at bank and in hand
  
28,569
16,204

  
881,690
804,897

Current liabilities
  

Creditors: amounts falling due within one year
 7 
(1,121,731)
(1,127,798)

Net current liabilities
  
 
 
(240,041)
 
 
(322,901)

Net liabilities
  
(165,849)
(246,154)


Capital and reserves
  

Called up share capital 
 8 
1,000
1,000

Profit and loss account
  
(166,849)
(247,154)

  
(165,849)
(246,154)


The directors consider 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 directors acknowledge their 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.

Page 1

 
ACROPOLIS CAPITAL LIMITED
REGISTERED NUMBER:07883871
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023

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 P G Vaghadia
Director

The notes on pages 3 to 7 form part of these financial statements.
Page 2

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

1.


General information

Acropolis Capital 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 to provide advisory 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

Revenue

The turnover in the profit and loss acound represents advisory fees receivable during the period, stated net of value added tax.

 
2.5

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

Page 3

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

2.Accounting policies (continued)

 
2.6

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.7

Pensions

Defined Contribution pension plan
The Company contributes to 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.

 
2.8

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:

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.

 
2.9

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.10

Debtors

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

 
2.11

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.

Page 4

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

2.Accounting policies (continued)

 
2.12

Creditors

Short-term creditors are measured at the transaction price. 


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2022 - 3).


4.


Tangible fixed assets





Fixtures and fittings
Computer equipment
Total

£
£
£



Cost


At 1 January 2023
86,875
-
86,875


Additions
969
15,283
16,252



At 31 December 2023

87,844
15,283
103,127



Depreciation


At 1 January 2023
10,135
-
10,135


Charge for the year on owned assets
17,470
1,330
18,800



At 31 December 2023

27,605
1,330
28,935



Net book value



At 31 December 2023
60,239
13,953
74,192



At 31 December 2022
76,740
-
76,740

Page 5

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

5.


Fixed asset investments





Investments in subsidiary companies

£





At 1 January 2023
7


Disposals
(7)



At 31 December 2023
-





6.


Debtors

2023
2022
£
£

Due after more than one year

Rent deposit
21,600
21,600


2023
2022
£
£

Due within one year

Trade debtors
45,000
45,422

Other debtors
736,434
691,632

Prepayments and accrued income
50,087
30,039

831,521
767,093



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
51,362
25,780

Amounts owed to group undertakings
568,238
563,491

Other taxation and social security
16,052
12,894

Other creditors
475,908
511,056

Accruals and deferred income
10,171
14,577

1,121,731
1,127,798


Page 6

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

8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



1 (2022 - 1) Ordinary share of £1,000
1,000
1,000



9.


Controlling party

The company is a wholly owned subsidiary of Nighthawk Investment Holdings Limited, a company registered in the British Virgin Islands, which the directors consider to be the ultimate parent undertaking.

 
Page 7