Acorah Software Products - Accounts Production 15.0.500 false true false 9 November 2022 31 March 2024 31 March 2024 14471594 Mr Daniel Whebell Mr Paolo Malavasi Mr Gianluca Malavasi Monte Forte Holdings Limited true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14471594 2022-11-08 14471594 2024-03-31 14471594 2022-11-09 2024-03-31 14471594 frs-core:CurrentFinancialInstruments 2024-03-31 14471594 frs-core:Non-currentFinancialInstruments 2024-03-31 14471594 frs-core:ComputerEquipment 2024-03-31 14471594 frs-core:ComputerEquipment 2022-11-09 2024-03-31 14471594 frs-core:ComputerEquipment 2022-11-08 14471594 frs-core:PlantMachinery 2024-03-31 14471594 frs-core:PlantMachinery 2022-11-09 2024-03-31 14471594 frs-core:PlantMachinery 2022-11-08 14471594 frs-core:ShareCapital 2024-03-31 14471594 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 14471594 frs-bus:PrivateLimitedCompanyLtd 2022-11-09 2024-03-31 14471594 frs-bus:FilletedAccounts 2022-11-09 2024-03-31 14471594 frs-bus:SmallEntities 2022-11-09 2024-03-31 14471594 frs-bus:AuditExempt-NoAccountantsReport 2022-11-09 2024-03-31 14471594 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-09 2024-03-31 14471594 1 2022-11-09 2024-03-31 14471594 frs-bus:Director1 2022-11-09 2024-03-31 14471594 frs-bus:Director2 2022-11-09 2024-03-31 14471594 frs-bus:Director3 2022-11-09 2024-03-31 14471594 frs-countries:EnglandWales 2022-11-09 2024-03-31
Registered number: 14471594
Monte Forte Redhill Limited
Financial Statements
For the Period 9 November 2022 to 31 March 2024
Curve Accountancy
65 Gales Drive
Three Bridges
Crawley
West Sussex
RH10 1QA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14471594
31 March 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 17,627
17,627
CURRENT ASSETS
Debtors 5 58,739
Cash at bank and in hand 351
59,090
Creditors: Amounts Falling Due Within One Year 6 (8,064 )
NET CURRENT ASSETS (LIABILITIES) 51,026
TOTAL ASSETS LESS CURRENT LIABILITIES 68,653
Creditors: Amounts Falling Due After More Than One Year 7 (74,152 )
NET LIABILITIES (5,499 )
CAPITAL AND RESERVES
Called up share capital 8 1
Profit and Loss Account (5,500 )
SHAREHOLDERS' FUNDS (5,499)
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For the period ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Gianluca Malavasi
Director
31st July 2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Monte Forte Redhill Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14471594 . The registered office is Amen House, 1st Floor, 40-44 Church Street, Reigate, Surrey, RH2 0AJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 10 years straight line
Computer Equipment 3 years straight line
3. Average Number of Employees
Average number of employees, including directors, during the period was: 10
10
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 9 November 2022 - - -
Additions 19,574 715 20,289
As at 31 March 2024 19,574 715 20,289
Depreciation
As at 9 November 2022 - - -
Provided during the period 2,494 168 2,662
As at 31 March 2024 2,494 168 2,662
Net Book Value
As at 31 March 2024 17,080 547 17,627
As at 9 November 2022 - - -
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5. Debtors
31 March 2024
£
Due within one year
Trade debtors 6,228
Due after more than one year
Amounts owed by group undertakings 52,511
58,739
6. Creditors: Amounts Falling Due Within One Year
31 March 2024
£
Trade creditors 2,195
Other creditors 1,082
Taxation and social security 4,787
8,064
7. Creditors: Amounts Falling Due After More Than One Year
31 March 2024
£
Amounts owed to group undertakings 74,152
8. Share Capital
31 March 2024
£
Allotted, Called up and fully paid 1
9. Related Party Transactions
Summary of transactions with other related parties 
Monte Forte Redhill Limited is part of a group. The parent company of the group is Monte Forte Holdings Limited by virtue of their shareholdings. 
At the year end of the 31st March 2024 Monte Forte Horsham Limited, another company in the group, owed Monte Forte Redhill Limited £47,711. 
At the year end of the 31st March 2024 Monte Forte Farnham Limited, another company in the group, owed Monte Forte Redhill Limited £4,800. 
At the year end of the 31st March 2024 Monte Forte Redhill Limited owed £74,152 to Monte Forte Reigate Limited, another company in the group.
10. Ultimate Controlling Party
The company's ultimate controlling party is Monte Forte Holdings Limited by virtue of their ownership of 100% of the issued share capital in the company.
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