Registration number: 07934894

Acropolis Minibuses Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 to 7

Acropolis Minibuses Limited

Company Information

Directors

M Gebreslassie A Farantouris M Mcsporran G Stavropoulos

Registered office

94-102 Euston Street London England NW1 2HA

Auditors

Sterlings Ltd Chartered Accountants and Registered AuditorsLawford House Albert Place London N3 1QA

Acropolis Minibuses Limited

(Registration number: 07934894)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	87,862	142,312
Current assets
Debtors	5	22,690	9,154
Cash at bank and in hand		24,626	24,464
		47,316	33,618
Creditors: Amounts falling due within one year	6	(445,318)	(428,620)
Net current liabilities		(398,002)	(395,002)
Total assets less current liabilities		(310,140)	(252,690)
Provisions for liabilities		(21,965)	(35,578)
Net liabilities		(332,105)	(288,268)
Capital and reserves
Called up share capital	7	100	100
Profit and loss account		(332,205)	(288,368)
Shareholders' deficit		(332,105)	(288,268)

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 24 August 2026 and signed on its behalf by:
 

......................................... A Farantouris Director

Acropolis Minibuses Limited

Notes to the Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
94-102 Euston Street
London
NW1 2HA
England

These financial statements were authorised for issue by the Board on 24 August 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The company's functional and presentational currency is Sterling (£). Monetary amounts in these financial statements are rounded to the nearest £.

Going concern

Having considered the company’s latest results, cash reserves and available support from the parent company which has pledged financial assistance if required, and after making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve months from the date these financial statements were approved. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Acropolis Minibuses Limited

Notes to the Financial Statements for the Year Ended 31 March 2026

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation 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 taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Motor vehicles	33% straight line basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Acropolis Minibuses Limited

Notes to the Financial Statements for the Year Ended 31 March 2026

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2025 - 4).

4	Tangible assets

	Motor vehicles £	Total £
Cost or valuation
At 1 April 2025	393,750	393,750
At 31 March 2026	393,750	393,750
Depreciation
At 1 April 2025	251,438	251,438
Charge for the year	54,450	54,450
At 31 March 2026	305,888	305,888
Carrying amount
At 31 March 2026	87,862	87,862
At 31 March 2025	142,312	142,312

5

Debtors

	2026 £	2025 £
Prepayments	2,877	-
Other debtors	5,074	1,727
Owed by parent undertakings	14,739	7,427
	22,690	9,154

Acropolis Minibuses Limited

Notes to the Financial Statements for the Year Ended 31 March 2026

6

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Trade creditors	30	-
Taxation and social security	1	-
Accruals and deferred income	2,500	2,500
Other creditors	287	3,620
Owed to parent company	442,500	422,500
	445,318	428,620

7	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100

8	Related party transactions

At the period-end date, an amount of £287 (2025: £3,620) was owed to a director of the company. The amount was provided interest-free, and there are no formal terms or conditions governing its repayment.

Included within other debtors is an amount of £14,739 (2025: £7,427) owed by the parent company. In addition, the parent company granted a loan of £442,500 (2025: £422,500) to the company. These balances are interest-free, with no formal terms or conditions governing repayment.

The company also provided coach services to its parent company amounting to £211,931 (2025: £130,156) and received subcontracting services from a connected company of £9,960 (2025: £10,150).

9	Controlling party

The company's immediate parent is Angela Shanley Associates Limited, incorporated in England & Wales.

 The most senior parent entity producing publicly available financial statements is Angela Shanley Associates Limited, whose registered office is 94-102 Euston Street, London, England, NW1 2HA. The consolidated accounts for the company are available from Companies House, Crown Way, Cardiff, CF14 3UZ.

 

Acropolis Minibuses Limited

Notes to the Financial Statements for the Year Ended 31 March 2026

10	Non adjusting events after the financial period

Subsequent to the reporting date, Angela Shanley Associates Limited increased its equity interest in the company from 51% to 76% through the acquisition of shares from an existing minority shareholder. The transaction did not involve the issue of new shares by the company and therefore had no impact on the company's assets, liabilities, equity or results. This is a non-adjusting event after the reporting date.

11 Audit report

The Independent Auditor's Report was unqualified.

The name of the Senior Statutory Auditor who signed the audit report on 24 August 2026 was Stephen Fenton FCA, who signed for and on behalf of Sterlings Ltd.