ACCOUNTS - Final Accounts

Registered number: 12387728

AGRIPPA ART LTD

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2025

AGRIPPA ART LTD

COMPANY INFORMATION

Director	C W F Jopling


Registered number	12387728


Registered office	Eighth Floor
	6 New Street Square
	New Fetter Lane
	London
	EC4A 3AQ


Accountants	Rawlinson & Hunter LLP
	Chartered Accountants
	Eighth Floor
	6 New Street Square
	New Fetter Lane
	London
	EC4A 3AQ

AGRIPPA ART LTD

CONTENTS

	Page
Balance Sheet	1 - 2
Notes to the Financial Statements	3 - 8

AGRIPPA ART LTD

REGISTERED NUMBER: 12387728

BALANCE SHEET

AS AT 31 DECEMBER 2025

	31 December	31 January
	2025	2025
Note	£	£


Current assets
Stocks	5	521,037		513,822
Debtors: amounts falling due within one year	6	190,381		-
Cash at bank and in hand	7	40,831		84,300
		752,249		598,122
Creditors: amounts falling due within one year	8	(193,281)		(86,539)
Net current assets			558,968		511,583
Total assets less current liabilities			558,968		511,583

Net assets			558,968		511,583

Capital and reserves
Called up share capital	10	100	100
Profit and loss account		558,868	511,483
		558,968	511,583

Page 1

AGRIPPA ART LTD

REGISTERED NUMBER: 12387728

BALANCE SHEET (CONTINUED)

AS AT 31 DECEMBER 2025

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 period 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 profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue and were signed by:

C W F Jopling

Director

Date: 6 October 2026

The notes on pages 3 to 8 form part of these financial statements.

Page 2

AGRIPPA ART LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

1.	General information

Agrippa Art Ltd is a private company, limited by shares, incorporated in England and Wales with registration number of 12387728. The registered office is Eighth Floor, 6 New Street Square, New Fetter Lane, EC4A 3AQ.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and 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 director considers that, after making due enquiries, there is a reasonable expectation that the company will have adequate resources to continue in operation for the foreseeable future and the business is expected to continue to be profit making. For this reason the company will continue to adopt the going concern basis in preparing the financial statements as the director anticipates the company shall have sufficient financial resources for the foreseeable future and at least twelve months from the date of signing of these financial statements.

2.3

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is GBP.

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.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Profit and Loss Account within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

AGRIPPA ART LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.4

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the company has transferred the significant risks and rewards of ownership to the buyer;

∙the company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.5

Interest income

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

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 balance sheet date in the countries where the company operates and generates income.

Page 4

AGRIPPA ART LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

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, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment

3 years 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

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a market value basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

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. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 5

AGRIPPA ART LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.12

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Employees

The average monthly number of employees, including directors, during the period was 1 (2025 - 1).

4.	Tangible fixed assets

		Computer equipment
		£
	Cost or valuation
	At 1 February 2025	1,799
	At 31 December 2025	1,799
	Depreciation
	At 1 February 2025	1,799
	At 31 December 2025	1,799
	Net book value
	At 31 December 2025	-
	At 31 January 2025	-

5.	Stocks
		31 December	31 January
		2025	2025
		£	£

Artwork for resale	521,037	513,822
	521,037	513,822

Page 6

AGRIPPA ART LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

Debtors

					31 December	31 January
					2025	2025
					£	£


Trade debtors	17,789	-
Other debtors	96,992	-
Prepayments and accrued income	75,600	-
	190,381	-

7.	Cash and cash equivalents
		31 December	31 January
		2025	2025
		£	£

Cash at bank and in hand	40,831	84,300
	40,831	84,300

8.	Creditors: Amounts falling due within one year
		31 December	31 January
		2025	2025
		£	£

Trade creditors	83,855	18,629
Corporation tax	14,498	1,613
Other creditors	17,865	31,312
Accruals and deferred income	77,063	34,985
	193,281	86,539

Page 7

AGRIPPA ART LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

9.	Financial instruments
		31 December	31 January
		2025	2025
		£	£

	Financial assets
	Financial assets measured at fair value through profit or loss	40,831	84,300

Financial assets measured at fair value through profit or loss comprise cash at bank and in hand.

10.	Share capital
		31 December	31 January
		2025	2025
		£	£

Allotted, called up and fully paid

100 (2025 - 100) Ordinary shares of £1.00 each	100	100

11.	Related party transactions
	Included in debtors (Note 6) is an amount of £96,992 owed by the director (31 Jan 2025 - Creditor of £25,910 due to the director). The amount is unsecured and repayable on demand. Interest is charged on the amount.

Page 8