ACCOUNTS - Final Accounts preparation

Registered number: 01491376

ACROPOLIS CAPITAL MANAGEMENT LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024


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 2024

		2024		2023
Note		£		£

Fixed Assets
Tangible assets	4		-		-
Current assets
Debtors: amounts falling due within one year	5	485,755		477,657
Cash at bank and in hand		199,335		161,620
		685,090		639,277
Current liabilities
Creditors: amounts falling due within one year	6	(688,224)		(672,341)
Net current liabilities			(3,134)		(33,064)
Net liabilities			(3,134)		(33,064)

Capital and reserves
Called up share capital	7	100	100
Profit and loss account		(3,234)	(33,164)
		(3,134)	(33,064)

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 30 July 2025.

V P G 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 2024

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.

2.5

Interest income

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

Page 2


ACROPOLIS CAPITAL MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.6

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.

2.7

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.

2.8

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:

				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.

2.9

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 2024

2.Accounting policies (continued)

2.10

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.

2.11

Creditors

Short-term creditors are measured at the transaction price.

Employees

The average monthly number of employees, including director, during the year was 2 (2023 - 2).

4.	Tangible fixed assets

	Fixtures and fittings	Computer equipment	Total
	£	£	£
Cost
At 1 January 2024	79,419	142,610	222,029
At 31 December 2024	79,419	142,610	222,029
Depreciation
At 1 January 2024	79,419	142,610	222,029
At 31 December 2024	79,419	142,610	222,029
Net book value
At 31 December 2024	-	-	-
At 31 December 2023	-	-	-

Page 4


ACROPOLIS CAPITAL MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Debtors

					2024	2023
					£	£


Trade debtors	18,300	18,300
Other debtors	454,592	452,939
Prepayments and accrued income	12,863	6,418
	485,755	477,657

6.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Trade creditors	40	157
Taxation and social security	11,944	7,871
Other creditors	661,061	661,061
Accruals and deferred income	15,179	3,252
	688,224	672,341

Included within other creditors is a loan of £600,000 (2023 - £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
		2024	2023
		£	£

Allotted, called up and fully paid

100 (2023 - 100) Ordinary shares of £1 each	100	100

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